Cajeput Oil Market Recent Industry Trends and Growth 2018 - 2028
Posted: Dec 23, 2018
Cajeput Oil Market Outlook:
Cajeput Oil derived from the Myrtaceous trees falls under the category of essential oils and is a volatile oil possessing thin consistency. The tree belongs to Melaleuca tree family similar to the tee tree and eucalyptus. The Cajeput oil is extracted through distillation from the leaves of the tree. This pale yellowish cajeput oil furnishes a piercing and pungent yet fruity odor similar to the mixture of camphor and turpentine and hence, energizes waver mind and helps in swinging and relaxing the mood. Thus, making it a popular oil in aromatherapy.
The Cajeput oil derived from the Myrtaceous trees are natively found in Asia and hotter regions of Australia. One of the largest producer and consumer of the cajeput oil is Indonesia.
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The significant carminative, antiseptic, and analgesic properties contained by the cajeput oil, attributes to its wide range of applications in healthcare, cosmetics, and food & beverages industry. The cajeput oil is gaining popularity as an ingredient in decongestants and inhalants as well as, as a tonic for easing the pain, inflammation, headaches, colds, and tumors. In addition, cajeput oil is also popularly used as an antiseptic cream for relieving pains majorly in the joints. Further, accounting for its unique and rich taste, the cajeput oil is also used as a flavouring agent added in small amounts in certain food and beverages. Together with the applications in healthcare and food, the cajeput oil is also being used as a cosmetic for treating skin infections and pain attribution to the cineole chemical present in it.
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Cajeput Oil Gaining Widespread popularity accounting for its antiseptic and analgesic properties
One of the key driving factors for the cajeput oil market is the wide range of beneficiary benefits offered by it to the health that include relieving stress and mental pressure, for releasing joints and body pain, treating headache, cold, and cough and for other health issues. The fast-growing lifestyles of the consumers these days has led to several health issues and hence, a rise in the demand for products to give instant and quick relief and ease, in turn fuelling the market growth go cajeput oil. The cajeput oil can be used in a combination with other ingredients to enhance its properties and functioning and expand its applications in other end use industries as well. Furthermore, the rising consciousness among consumers for health has increased the demand for naturally derived products be it healthcare, cosmetics or food. The advanced development of the technology and modern lifestyle has accelerated the demand for the cajeput oil. In addition, the rise in the disposable income of the consumers in the developing countries has led to the surge in the demand for cajeput oil and its other products, with consumers trying out new products in the market fulfilling their specific needs.
Though there are certain articles showing side effects and allergies caused by these Cajeput oil when used above specified and medicinal limits but these haven’t scientifically proven yet.
Global Cajeput Oil Market: Market Segmentation:
On the basis of nature, the global Cajeput Oil market has been segmented as:
- Organic Cajeput Oil
- Conventional Cajeput Oil
On the basis of Product Division, the global Cajeput Oil market has been segmented as:
- Essential Oils
- Crude Oils
On the basis of End Use, the global Cajeput Oil market has been segmented as:
- Food & Beverages ( Flavouring agent)
Global Cajeput Oil Market: Key Participants:
Some of the market participants in the global cajeput oil market identified across the value chain include Aromaaz International, Ology essentials, Plant Therapy Essential Oils, AOS Products, Kazima Perfumers, Edens Garden, DevinezIndia, Indiana Botanic Gardens, Inc., and Greenwood Essential, among others.
Opportunities for Participants in the Cajeput Oil Market:
There are widespread opportunities for players to grow in the Cajeput Oil market owing to no significant market participant and growing demand and popularity among consumers for products supplementing better health and fitness. The growing consumer demand and inclination towards pure and natural products are one of the major reason driving the cajeput oil market. Further, the key market participants in cajeput oil market should emphasize on developing and increasing consumer awareness about cajeput oil by showcasing its advantages over other essential oils.
In addition to this, the rapid growth of cajeput oil is further elevated by several macroeconomic factors that include GDP, population growth, changing lifestyle and increasing the disposable income of the consumers, especially in developing nations. The companies in the cajeput oil market should thus, invest in the markets of these developing regions with high disposable income of consumers those who are looking for and ready to afford the cajeput oil products.
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