According to a new market report published by Lucintel, the future of the thyme oil market looks promising with opportunities in the pharmaceutical, cosmetic, food, and fragrance industries. The global thyme oil market is expected to grow with a CAGR of xx%-xx% from 2020 to 2025. The major drivers for this market are increasing demand from the cosmetics industry for skincare products coupled with thyme oil based dietary supplements and capsules, and its usage in treatment of respiratory diseases.
Thyme oil is a type of volatile oil extracted from the thyme, a medicinal herb.. In this market, organic and inorganic are the major types of thyme oil. Lucintel forecasts that organic will remain the largest segment over the forecast period due to its large scale application in the field of medicines.
Within this market, pharmaceutical will remain the largest segment by application over the forecast period due to its increasing usage in pharmaceutical formulation products such as lozenges, cough sweets, cough syrups, and ointments.
Europe will remain the largest region over the forecast period due to the growth of the pharmaceutical industry and fragrance industry, disposable income, and luxury lifestyle in the developed region
Biolandes SAS, Apivita S.A., Young Living Essential Oils LC, Albert Vieille SAS, Guangzhou Oulianya Fine Chemical, and Guangzhou Huaqing Fine Chemical.are among the major suppliers in the global thyme oil market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global thyme oil market by application, nature, product type, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Thyme 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 thyme oil market by application, nature, product type, and region as follows:
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Pharmaceutical
Cosmetics
Food
Fragrance
By Nature [Value ($ Million) shipment analysis for 2014 – 2025]:
By Product Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Red Thyme Oil
White Thyme Oil
Thyme Linalool
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
Italy
United Kingdom
German
France
China
India
South Korea
Japan
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.
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