Haitian Vetiver Oil Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Haitian Vetiver Oil Market: By Product Type (Organic and Conventional), By Application (Pharmaceuticals, Food and Beverages, Perfume and Scent Products, and Others), and Geography 

 

 

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Report

Description

Haitian Vetiver Oil Market size is valued at USD 25.2 billion in 2021 and is expected to reach USD 31.1 billion by 2028, at a CAGR of 1.8% during the forecast period 2022-2028. The vetiver grass roots are used to make Haitian vetiver oil, which is a fragrant essential oil. Cosmetics, aromatherapy, fragrances, and food & flavour applications all use this oil. Vegetable oil is utilised in the creation of traditional remedies in many places because of its preventive and medicinal properties. It also helps to improve brain function and reduce the symptoms of ADHD. The potential of Haitian vetiver oil in the treatment of skin problems, joint disorders, and heat strokes, as well as the reduction of stress and anxiety, is boosting the market’s prospects.  this report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Haitian Vetiver Oil Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Haitian Vetiver Oil Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Haitian Vetiver Oil Market

MARKET SUMMARY
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1.8%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 1.8%
  • Largest Market– Europe
  • Fastest Growing Market– North-America

Haitian Vetiver Oil Market

  • The global Haitian Vetiver Oil Market report gives comprehensive outlook on Haitian Vetiver Oil Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
  • The report on global Haitian Vetiver Oil Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.
  • In July 2016, IFF and Unilever have entered into partnership to improve lives of vetiver farming communities in Haiti.
key players
  • Robertet Groupe (France)
  • Ernesto Ventos SA. (Spain)
  • Floracopeia Inc. (U.S)
  • Fleurchem Inc. (U.S)
  • Haiti Essential Oil Co. (U.S)
Haitian Vetiver Oil Market

DRIVERS AND RESTRAINTS

The fragrance industry’s growing demand for Haitian vetiver oil is a major driver of market expansion. Due to its cooling characteristics and ease of mixing with perfumes, vetiver oil is commonly utilized in the manufacturing of perfumes and scents. It’s one of the primary elements in all scents, especially for guys. As a result, the rising demand from the fragrance sector is primarily responsible for the expansion of the haitian vetiver oil market. The haitian vetiver oil market is predicted to grow slowly due to growers’ increased reliance on investors for financial resources. This could stifle vetiver oil production, resulting in a demand-supply gap, limiting market expansion.


Europe got significant share

Haitian Vetiver Oil Market

Europe currently dominates the Haitian vetiver oil market. This trend is expected to continue in the forecast period, boosting the Haitian vetiver oil market's growth. Because of its therapeutic characteristics, which are used to treat depression and sleeplessness, Asia-Pacific is likely to see substantial expansion in the Haitian vetiver oil market. In addition, it is used in a variety of skin treatments. Because of the hectic work schedules, people's lifestyles are changing, which is expected to fuel the need for pharmaceutical medications, which is expected to drive the expansion of the Haitian vetiver oil market in the area over the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

Haitian Vetiver Oil Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Robertet Groupe (France)
  • Ernesto Ventos SA. (Spain)
  • Floracopeia Inc. (U.S)
  • Fleurchem Inc. (U.S)
  • Haiti Essential Oil Co. (U.S)
  • International Fragrance and Flavor Inc. (U.S)
  • Lluch Essence Sl. (U.S)
  • UniKode S.A (U.S)

Description

Haitian Vetiver Oil Market size is valued at USD 25.2 billion in 2021 and is expected to reach USD 31.1 billion by 2028, at a CAGR of 1.8% during the forecast period 2022-2028. The vetiver grass roots are used to make Haitian vetiver oil, which is a fragrant essential oil. Cosmetics, aromatherapy, fragrances, and food & flavour applications all use this oil. Vegetable oil is utilised in the creation of traditional remedies in many places because of its preventive and medicinal properties. It also helps to improve brain function and reduce the symptoms of ADHD. The potential of Haitian vetiver oil in the treatment of skin problems, joint disorders, and heat strokes, as well as the reduction of stress and anxiety, is boosting the market’s prospects.  this report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Haitian Vetiver Oil Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Haitian Vetiver Oil Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX