Patchouli oil is well-defined as an essential oil that is extracted from the leaves of the patchouli plant considered native to South Asia. The two types of patchouli oil which can be obtained are light patchouli oil and dark patchouli oil. Indonesia is the world’s largest producer of patchouli, accounting for above 80% of the global market. The global market size is expected to reach US $XXMn. by 2027 from US $XXMn. in 2019, at a CAGR of XX% during the forecast period.

The objective of the patchouli oil market report is to help the user understand the market in terms of its definition, segmentation, market potential, key trends, and the challenges that the market is facing with 5 key regions and 39 key countries. The report has profiled fourteen plus key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same.
Global Patchouli Oil Market Dynamics:

The growing demand from the perfumery industry is the key driving factor for the growth of the patchouli oil market. The patchouli oil is used as a raw material for several products such as antiseptics, aromatherapy, cosmetics, pesticides, and a fixative to bind other essential oils.

Patchouli oil is produced locally in countries of Asia-Pacific such as Indonesia, India, China, Taiwan, Malaysia, etc., and there are very few global-scale players in the patchouli oil market. The producer that produces patchouli oil is mostly present in the regions where it is cultivated, and are not present at a global level. They export the oil to the required companies through agents. This has led to a few companies having a higher global share and very good profit margins by directly going into partnerships with these local companies that produce patchouli oil. There are only selective companies like Givaudan, Takasago International Corporation, and Ultra International B.V. that are present in the patchouli oil market with a joint partnership and a significant global presence. The opportunities for new players in the patchouli oil market is high, because of the surging demand for essential oils from several industries.

On the other hand, the smell of patchouli oil like woody, musky, smoky & spicy hampers the patchouli oil market growth. Also, the high cost and availability of patchouli oil substitutes are other factors expected to control the growth of the global patchouli oil market.
Global Patchouli Oil Market Segmentation:

The global patchouli oil market is segmented by Type, Nature, and End-use. The type segment is further classified into Dark Patchouli Oil and Light Patchouli Oil. The nature segment is further sub-segmented by Organic and Conventional. Among these, the organic patchouli oil segment is expected to grow at XX%, which is the fastest among other sub-segments to reach US $XXMn. by 2027. This is mainly because of steadily growing consciousness about clean label products among the millennial population has prompted the manufacturers of food & beverages as well as consumer products to adopt the usage of organic and natural ingredients in the goods they produce.

Global Patchouli Oil Market

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Global Patchouli Oil Market Regional Insights:

The patchouli plant is native to tropical regions of Asia and is now widely cultivated in China, Indonesia, India, Malaysia, Mauritius, Taiwan, the Philippines, Thailand, and Vietnam, as well as West Africa.

Asia-Pacific is held the prominent marketplace having a market share of around 56.50% in 2019 and is expected to secure continuous dominance during the forecast period (2020-2027). This is mainly because of the presence of a massive consumer base with favorably growing end-use industries such as food & beverage. So, the growing end-user industries in the developing countries such as China, India, and Japan have reduced maximum region share to the APAC region.

Because of the therapeutic properties of patchouli oil, there is an increase in adoption by the pharmaceutical industry. Thus, the growing pharmaceutical industry in the Asia-pacific region, which can be understood from the statistics provided by the India Brand Equity Foundation (IBEF), according to which, the Indian pharmaceutical sector is expected to propel at a CAGR of 22.5% during the forecast period.

Global Patchouli Oil Market1

The objective of the report is to present a comprehensive analysis of the Global Patchouli Oil Market to the stakeholders in 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 analysed, which will give a clear futuristic view of the industry to the decision-makers
The report also helps in understanding Global Patchouli Oil Market dynamics, structure by analyzing the market segments and project the Global Patchouli Oil Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Patchouli Oil Market make the report investor’s guide.
Scope of the Global Patchouli Oil Market: Inquire before buying

Global Patchouli Oil Market, By Type

• Dark Patchouli Oil
• Light Patchouli Oil
Global Patchouli Oil Market, By Nature

• Organic
• Conventional
Global Patchouli Oil Market, By End-use

• Cosmetics & Personal Care
• Aromatherapy
• Food & Beverages
• Pharmaceuticals
• Others (Detergents, Household/Retail, and Insect Repellents)
Global Patchouli Oil Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Patchouli Oil Market

• Takasago International Corporation
• Eastern Agencies Aromatics Pvt. Ltd.
• Nusaroma PT
• Firmenich S.A.
• PT Mitra Ayu Adi Pratama
• PT Aroma Essence Prima
• Givaudan SA
• Berjé Inc.
• Ultra International B.V.
• Pt Indesso Aroma
• VANAROMA
• PT. Djasula Wangi
• PT. BotanAgra Indonesia
• Treatt Plc
• Others
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