Eucalyptus oil is derived from the eucalyptus leaves. Eucalyptus trees are originally found in Australia. However, they are being cultivated across the globe as well to cater rising demand from various manufacturers. A group of selected eucalyptus leaves undergo steam distillation process for extraction of eucalyptus oil. Eucalyptus oil offers anti-oxidant protection, stimulates immunity, and improves respiratory circulation.
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Demand for eucalyptus oil for applications in aromatherapy has been gaining an uptick over the past few years, along with rising demand for flavors & fragrances in personal care, and food & beverage products. Shifting consumer preferences towards natural-ingredient based products has resulted into the development of several innovative applications in beauty products. Eucalyptus oil is observed to resolve all side-effects associated with conventional medicines and drugs. In addition, antiseptic properties of eucalyptus oil have led to its adoption in medicinal supplements and pharmaceutical products, helping consumers with high blood pressure and respiratory problems.
10 Estimations for the Global Eucalyptus Oil Market
- Although modern trade remains the largest distribution channel for eucalyptus oil, sales of eucalyptus oil in online distribution channel is expected to register the highest CAGR through 2022.
- Revenues from eucalyptus oil sales will remain lower in online distribution channel, as compared to all the other segments of distribution channel in the global market for eucalyptus oil.
- Eucalyptus oil will continue to witness the largest demand for applications in food & beverage sector, followed by the aromatherapy, and therapeutics applications.
- Eucalyptus oil sales for application in fragrances will continue to register a sluggish expansion through 2022.
- Based on nature, natural eucalyptus oil will continue to be preferred among consumers across the globe, with sales anticipated to exhibit a moderate CAGR during the forecast period.
- Sales of organic eucalyptus oil are expected to expand at a relatively lower CAGR than natural eucalyptus oil through 2022.
- Europe will continue to be the most lucrative market for eucalyptus oil, with sales expanding at a steady CAGR over the forecast period. Revenues from the market in Europe will continue to account for nearly one-half share of the market during 2017 to 2022.
- The eucalyptus oil market in Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and North America are expected to witness a sluggish expansion through 2022.
- Eucalyptus globulus is expected to remain sought-after among products in the market, in terms of revenues.
- Sales of eucalyptus polybractea will exhibit the fastest growth through 2022. In contrast, sales of eucalyptus kochii is anticipated to exhibit the lowest CAGR through 2022 in the global market for eucalyptus oil.
Eucalyptus Oil to Witness the Largest Application in Food & Beverages
In terms of revenues, eucalyptus oil is expected to continue witnessing the largest demand in food & beverage applications, followed by aromatherapy and therapeutics application. Fragrances application of eucalyptus oil will continue to exhibit the lowest CAGR in the market through 2022.
Although modern trade continues to be the largest distribution channel in the global eucalyptus oil market, sales in online distribution channel will continue to register the fastest expansion through 2022. However, sales of eucalyptus oil in online distribution channel will continue to account for the lowest revenues, as compared to other distribution channel segments in the global eucalyptus oil market.
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