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Report Description

Report Description

Saudi Arabia essential oils market is anticipated to show robust growth in the upcoming five years, 2024-2028. The market growth can be attributed to the surging demand for essential oils in various other industries. Moreover, essential oils are known for their several health benefits. Pharmaceutical companies and healthcare industries are actively utilizing essential oils to produce medicines and drugs for anxiety, stress, and other mental ailments, and thereby supporting the growth of the Saudi Arabia essential oils market in the upcoming five years. Also, the rising prevalence of health problems, such as cardiovascular problems, Alzheimer’s, and bronchitis, are driving the growth of the market. Furthermore, rising awareness among the population regarding the health benefits of essential oils is aiding the exponential growth of the market in the next five years. Essential oils also find their extended applications in organic products. The favoring regulations that aid the use of essential oils in the cosmetics, food, and beverage industry are anticipated to further drive the Saudi Arabia essential oil market growth in the next five years. Essential oils are the oil extracts that are recovered by a complex procedure of distillation from plant extracts. Aromatherapy is a major field that utilizes essential oils to therapize patients suffering from insomnia, stress, anxiety, etc. Although the market is registering a consistent growth, the market may observe a mild restraint due to the lack of manufacturers in the country. Market players entering the market would probably have room to establish their own brand with a wider range in the product line.

The Saudi Arabia essential oil market is segmented by product type, application, competitional landscape, and regional distribution. Based on product type, the market is further bifurcated into orange, eucalyptus, peppermint, lemon, citronella & others. Essential oils are available in the market with various types. Each type is functional for some specific function, such as orange extract essential oils are often utilized with oil diffusers as an aromatic atmosphere creator. The oil diffused in the air gives out a citrusy and tangy fragrance which can lift mood and reduce stress. Eucalyptus essential oil is extracted from eucalyptus plant extracts and has proven effects on cough, soothe cold sores, wound disinfection, controlling blood sugar, etc. Peppermint essential oils are specifically used for topical uses such as headaches, muscle aches, joint pains, and itching. Citronella essential oils have health benefits such as expelling worms or other parasites from the intestines. The oil is also used to control muscle spasms, increase appetite, and increase urine production (as a diuretic) to relieve fluid retention.

A partial list of market players in the Saudi Arabia essential oils market includes Kelvin Natural Mint Pvt. Ltd., Kshrey Inc. (Supplier), AJWA Group for Food Industries, Cargill Saudi Arabia (Supplier), among others. New market players may work on a wider range of essential oils and satisfy consumer demand. The Kingdom of Saudi Arabia is a land of aromatic products and perfumes. Usage of essential oil for aromatherapy is gaining popularity though the awareness about the product range still has room for improvements. Other competitive strategies include mergers & acquisitions and new product developments.

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia essential oils market from 2018 to 2021.
  • To estimate and forecast the market size of Saudi Arabia essential oils market from 2022 to 2028 and growth rate until 2028. 
  • To classify and forecast Saudi Arabia essential oils market based on product type, application, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Saudi Arabia essential oils market.
  • To identify drivers and challenges for Saudi Arabia essential oils market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia essential oils market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia essential oils market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia essential oils market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia essential oils market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Essential oils manufacturers, end users, and other stakeholders
  • Distributers and suppliers of the products and other stakeholders
  • Organizations, forums, and alliances related to essential oils
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product Type

·         Application

Regional scope

Western Region, Northern And Central Region, Eastern Region, Southern Region

Key companies profiled

Kelvin Natural Mint Pvt. Ltd., Kshrey Inc. (Supplier), AJWA Group for Food Industries, Cargill Saudi Arabia (Supplier).

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi Arabia essential oils market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Essential Oils Market, By Product Type:

o   Orange

o   Eucalyptus

o   Peppermint

o   Lemon

o   Citronella

o   Others

  • Saudi Arabia Essential Oils Market, By Application:
    • Medical
    • Food & Beverages
    • Spa & Relaxation
    • Cleaning & Home
  • Saudi Arabia Essential Oils Market, By Region:
    • Western
    • Eastern
    • Northern & Central
    • Southern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia essential oils market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.    Introduction

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID -19 on Saudi Arabia Essential Oil Market

5.    Saudi Arabia Essential Oil Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value (USD)

5.2.  Market Share & Forecast

5.2.1.     By Product Type (Orange, Eucalyptus, Peppermint, Lemon, Citronella & Others)

5.2.2.     By Application (Medical, Food & Beverages, Spa & Relaxation, Cleaning & Home)

5.2.3.     By Region (Western, Eastern, Northern & Central, Southern)

5.2.4.    By Company (2022)

5.3.  Product Market Map

6.    Saudi Arabia Orange Essential Oil Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value (USD)

6.2.  Market Share & Forecast

6.2.1.     By Application

7.    Saudi Arabia Eucalyptus Essential Oil Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value (USD)

7.2.  Market Share & Forecast

7.2.1.     By Application

8.    Saudi Arabia Peppermint Essential Oil Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value (USD)

8.2.  Market Share & Forecast

8.2.1.     By Application

9.    Saudi Arabia Lemon Essential Oil Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value (USD)

9.2.  Market Share & Forecast

9.2.1.     By Application

10.  Saudi Arabia Citronella Essential Oil Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value (USD)

10.2.              Market Share & Forecast

10.2.1.  By Application

11.  Market Dynamics

11.1.  Drivers/Opportunities

11.2.  Challenges/Restraints

12.  Market Trends & Developments

13.  Saudi Arabia Economic Profile

14.  Competitive Landscape

14.1.    Company Profiles

14.1.1.  Kelvin Natural Mint Pvt. Ltd.

14.1.2.  Kshrey Inc. (Supplier)

14.1.3.  AJWA Group for Food Industries

14.1.4.  Cargill Saudi Arabia (Supplier)

Strategic Recommendations

Figures and Tables

Frequently asked questions

Frequently asked questions

Factors like surging demand for essential oils in various end user industries is driving the growth of the Saudi Arabia essential oils market in the forecast years, 2024-2028.

Kelvin Natural Mint Pvt. Ltd., Kshrey Inc. (Supplier), AJWA Group for Food Industries, Cargill Saudi Arabia (Supplier), among others are leading the Saudi Arabia essential oils market in the forecast period, 2024-2028.

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

The Saudi Arabia essential oils market analysis was analyzed for the five historical years from 2018 to 2021. Keeping the base year 2021 as the margin, the estimation for the year 2023 was made and further market growth is predicted for the forecast years, 2024 to 2028.

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