According to a new market report published by Lucintel, the future of the cassia essential oil market looks promising with opportunities in retailing, industrial, healthcare, and cleaning and cooking. The global cassia essential oil market is expected to grow with a CAGR of XX% from 2020 to 2025. The major drivers for this market are increasing demand for associated with several health benefits such as treating diarrhea, improving of blood circulation, and being an effective anti-depressant agent.
In this market, organic, and conventional are the major product types. Lucintel forecasts that organic will remain the largest segment over the forecast period because it derived from the cassia plant’s bark, leaves, and twigs which drives the organic segment in this market.
Within this market, retailing, industrial, healthcare, and cleaning and cooking are the major applications of cassia essential oil. Heathcare will remain the largest segment by application type over the forecast period due to increasing demand for healthcare sector for providing cassia essential oil as famously known for improving circulation, treating arthritis and depression having anti-diarrhea, antidepressant, anti-emetic, anti-galactagogue, antimicrobial, anti-rheumatic, anti-arthritic, astringent, antiviral, carminative, circulatory, emmenagogue, and febrifuge properties.
Asia-Pacific is expected to witness the highest growth over the forecast period due to growing demand for natural cures in the region, and rising health-consciousness among the consumers as well as the rising demand from beauty and skincare industry, which is also propelling the growth of the market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cassia essential oil market by product type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Cassia Essential Oil Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global cassia essential oil market by product type, application, and region as follows:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Retailer
Industrial
Healthcare
Cleaning and Cooking
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Germany
United Kingdom
France
Italy
Spain
A more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.