global celery oil market
Global Celery Oil Market was valued US$ XX Mn in 2019 and is expected to grow US$ XX Mn by 2027, at a CAGR of 4.5% during the forecast period.
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Celery is an aromatic plant that is cultivated as a vegetable & its seeds are found in the flowers of the plant. The seeds produce an extraordinarily strong and pleasant smell. The long seeds are dried and pressed to extract oil. Oil extracted from the celery seed performed as a strong detoxing agent and is used to treat many diseases, like post-illness immune system-related issues, digestive complications, etc. It is also used as a worthwhile treatment option for headaches, nervousness, exhaustion, etc.
The celery oil market is expected to grow at the highest CAGR worldwide in the future, because of modern chemical laboratories and enhanced production centers. The current manufacturing companies are serving extremely pure as well as an effective and perfectly composed range of celery oil that has a longer shelf life. The celery oil presently available in the market is from fresh & dried seeds and celery seed extract. Presently, the celery oil available in the market is extracted from fresh and dried celery seed.
The progress in production centers and processes is the key driver for the growth of the celery oil market. The process of producing this product has enhanced significantly in current years, and as a result, companies are capable of offering high-grade celery oil with a longer shelf life to its consumers. Technological progress has played a vital role in the production process.
The agricultural production of celery needs lots of water, lower temperatures, and rich soil for healthy growth, and this may be sometimes unsuitable for the manufacturing of celery oil. To ensure a lucrative yield, larger investments must be secured, but this will consequently lead to an increase in product prices and finally hamper revenue growth of the global celery oil market.
By the end-use industry, the celery oil is segmented by household and commercial. The commercial segment is also divided into food & beverages, perfumes, medicines, nutrition, others. The food & beverage industry is promoting from the rising prominence of the global celery oil market. In this industry, celery oil has varied applications, like being used as an additive agent in meats, sauces, etc. These are the factors that will have a positive influence on the revenue growth of the global celery oil market.
Revenue growth of the global celery oil market is also influenced by the increasing use of this product in the pharmaceutical industry. With its anti-inflammatory properties, the oil is used to manufacture medication that delivers pain relief to patients. Drugs that purify and anti-oxidize the blood, etc. are also made using celery oil.
Region-wise, the Asia Pacific region held the largest revenue share of the global market in 2018. This is happening because of the favorable climatic conditions, celery grows well in this region, which has led to large-scale cultivation and production of celery oil. The general crowd of North America consumes large amounts of celery. The celery oil market in this region is expected to grow exponentially, thanks to the consciousness about the benefits of the oil which is leading to more individuals consuming the product.
The objective of the report is to present a comprehensive analysis of the Global Celery Oil Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Celery Oil Market dynamics, structure by analyzing the market segments and project the Global Celery Oil Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Celery Oil Market make the report investor’s guide.
Scope of the Global Celery Oil Market
Global Celery Oil Market, By Source
• Organic
• Conventional
Global Celery Oil Market, By End-use
• Household
• Commercial
o Food And Beverages
o Perfumes
o Medicines
o Nutrition
o Others
Global Celery Oil Market, By Distribution Channel
• Directs Sales
• Indirect Sales
Global Celery Oil Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Celery Oil Market
• Katyani Exports
• Expo Essential Oils
• SVA Organics
• Indian Spice Oil Industries
• Kuber impex Ltd.
• Rakesh Sandal Industries
• Kshrey Inc.
• A.G. Industries
• BOS Natural Flavors Ltd.
• Imperial Extracts
• Suminter India Organics
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