The Saudi Arabia essential oils market is expected to boom over the next five years (2024-2028)! This growth is fueled by a rising demand for these oils across various industries. Think about it – essential oils offer tons of health benefits! Pharmaceutical and healthcare companies are increasingly using them to create medicines and drugs that tackle anxiety, stress, and other mental health issues, which is really driving the market forward. Plus, with more people dealing with health problems like cardiovascular disease, Alzheimer’s, and bronchitis, the need for natural remedies is growing. And let's not forget that people are becoming more aware of all the great things essential oils can do for their health! You'll also find them popping up more and more in organic products. Even better, regulations are encouraging the use of essential oils in cosmetics, food, and drinks, which should give the market another boost. Just so you know, essential oils are basically plant extracts recovered through a pretty complex distillation process. And of course, aromatherapy is a big deal, using these oils to help people with insomnia, stress, and anxiety. Now, while things are looking good, there might be a slight slowdown because there aren't many manufacturers in Saudi Arabia right now. But, hey, that also means there's a real opportunity for new players to come in and establish their own brand with a wide range of products!
The essential oil market in Saudi Arabia is broken down by a few thingsthe type of oil, how it's used, who the big players are, and where it's selling best. When it comes to product type, you'll mostly find oils like orange, eucalyptus, peppermint, lemon, citronella, and other varieties. Each essential oil has its own special purpose. For example, orange essential oil is fantastic in diffusers – it fills the room with a lovely, citrusy scent that can really boost your mood and melt away stress. Eucalyptus oil, derived from eucalyptus plant extracts, is known to help with coughs, soothe cold sores, disinfect wounds, and even help manage blood sugar. Peppermint oil? That's your go-to for aches and pains. It's great for headaches, muscle soreness, joint pain, and even itchy skin when applied directly. And then there's citronella, which is believed to help with things like getting rid of intestinal worms and other parasites. It's also used to calm muscle spasms, stimulate appetite, and even act as a diuretic to help with 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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marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, marketinsights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, marketinsights Research could include the manufactures which could not be identified due to the limitations of secondary research. marketinsights Research analyzed the manufactures, distribution channels and presence of all major players across the country.
marketinsights Research calculated the market size of Saudi Arabia
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
- Saudi Arabia Essential Oils Market, By Product Type
- 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