Global Rose Oil Market by Product (Organic, Conventional), by Application (Food & Beverages, Fragrance & Cosmetics, Pharmaceuticals) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global rose oil market was worth USD 278.7 millions in 2018. It is expected to grow at 6.8% CAGR over the forecast period. This market is driven by consumers' increasing preference for natural and organic ingredients in their daily products. Rose oil is a safe and harmless alternative to allopathic remedies due to its antidepressant, antispasmodic and antibacterial properties. Its pleasant rose scents provide calmness and relaxation.

The market has seen a shift in consumer preference away from synthetic products for skin care to trusted herbal products for healthy skin. The use of rose oil in cosmetic products helps to prevent many skin conditions. This has attracted a lot of people in the industry. It is used to treat skin irritations and depression. This is why it is so popular among end-users. This oil has an antioxidant property that helps to reduce the appearance of wrinkles.

Rose oil can help to achieve a more even complexion by reducing redness. Its ability to reduce inflammation and treat it makes it more appealing to consumers. Because the product soothes and moisturizes the skin, it is preferred by those with dry or sensitive skin. These factors are good for skin sensitive people, which drives the sales of the product. The future growth of the rose oil industry will be affected by a rise in disposable income, regardless of price.

The market has a growth opportunity because of the rising spending on personal care products by emerging and developing countries. The large production of different rose oil species is concentrated in certain countries, such as Turkey, China, and Bulgaria. This means that most countries will be dependent only on imports. The high price of rose oil compared to other essential oils will likely limit the demand over the forecast period.

Product Insights

The largest share, 83.8%, was held by conventional products in 2018. This segment is driven by the constant demand for rose oil, which has been cultivated using a traditional method in the production fragrances. These aromatic products don't cause any skin irritations and are often used to give off a pleasant aroma to the surrounding environment. Because a conventional oil costs less than an organic oil, manufacturers choose to use it as their base ingredient. The product can be used as an ingredient in other essential oils on the market. Rose oil and lavender oil are a combination that provides consumers with a healthy mind and emotional and mental well-being.

Organic rose oil is the fastest-growing segment. It will grow at 8.7% annually between 2019 and 2025. The market is expected to grow because of rising demand for organic cosmetic products. The majority of consumers prefer to use herbal products for skin care. The rose oil's organic certification will allow manufacturers to target leading brands in organic cosmetics, increasing their market demand.

Application Insights

The largest share, 70.1%, was attributed to fragrance and cosmetics in 2018. The growth in sales can be attributed to consumers' increasing preference for perfumes with fruity and floral notes. This product is likely to grow as a result of the growing fragrance market. Many luxury brands offer rose-textured scents to appeal mostly to women. Rose oil is also used in the manufacture of candles, sticks, gels, and other aromatherapeutic room fresheners. Its multi-functionality is driving rose oil's popularity as an ingredient in cosmetics and skin care products. Rose oil is also expected to see an increase in demand on the global market due to its use in treating various skin conditions.

The fastest-growing application segment is pharmaceutical, growing at 9.9% CAGR over the forecast period. This oil is increasingly being used in the pharmaceutical industry due to its antibacterial, diabetic and antioxidant properties. The product's longer shelf life has made it more popular for pharmaceutical products. Rose oil contains a variety of chemical compounds that can stimulate healing and well-being. The product purifies the body of toxin levels, which helps prevent many diseases like cancer, heart disease, skin conditions, ulcers, and acne.

Regional Insights

Europe accounted for 40.2% of the total value in 2018, the highest share. The largest market for natural perfume ingredients is in Europe. Consumers are increasingly looking for natural oils and ingredients to enhance their products. The presence of major cosmetic manufacturers in countries like France, Germany and the U.K. will likely increase rose oil sales over the forecast period.

Asia Pacific will experience the highest CAGR at 8.0% during the forecast period due to rising pharmaceutical product sales in countries like China, Australia and India. Asia Pacific's pharmaceutical industry is expanding for prescription drugs as well as over-the-counter (OTC), medicines. This will impact the sales of the product in the region. The region's increasing use of herbal remedies for skin problems is also driving demand, which in turn will boost the market.

Market Share Insights & Key Companies

The market is witnessing a shift in production towards countries with higher consumer bases, such as China or Japan, to lower import duties. There are many strategic activities that can be done to identify the market, such as mergers and acquisitions, product innovation, capacity expansion, and product innovations. The industry's key players include Sigma-Aldrich, Inc., Ernesto Ventos SA, Alteya Organics, LLC, Givaudan SA, Firmenich International SA, Symrise AG, V. MANE FILS SA, Robertet SA, International Flavors & Fragrances Inc., and BERJE INC. Rose oil production is concentrated in Turkey and Bulgaria. The supply side of this market is therefore very competitive.

Rose Oil Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at all levels, including regional and national, and analyzes the most recent industry trends for each sub-segment between 2015 and 2025. Grand View Research has divided the global rose oil market report by product, region, and application.

• Product Outlook (Revenue USD Million, 2015-2025)

  • Organic

  • Conventional

• Application Outlook (Revenue USD Million, 2015-2025)

  • Fragrance & Cosmetics

  • Pharmaceuticals

  • Food & Beverages

• Regional Outlook (Revenue USD Million, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • France

    • The U.K.

  • Asia Pacific

    • China

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

These are the most frequently asked questions about this report

b. Global rose oil market was valued at 297.6 millions in 2019, and is forecast to grow to USD 317.8 in 2020.

b. Global rose oil markets are expected to grow at 6.8% compound annual growth rate between 2019 and 2025, reaching USD 442 millions by 2025.

b. With a 41% share in 2019, Europe was the dominant rose oil market. This can be attributed to the increasing demand for natural oils and ingredients.

b. Ernesto Ventos SA, Alteya Organics, LLC, Givaudan SA, Firmenich International SA, Symrise AG, V. MANE FILS SA, Robertet SA, International Flavors & Fragrances Inc. are some of the key players in the rose oil industry.

b. The market is growing due to increasing consumer preference for natural and organic ingredients in everyday products. Its pleasant rose scents provide calmness and relaxation.

Up Market Research published a new report titled “Rose Oil Market research report which is segmented by Product (Organic, Conventional), by Application (Food & Beverages, Fragrance & Cosmetics, Pharmaceuticals), By Players/Companies Ernesto Ventos SA; Alteya Organics, LLC; Givaudan SA; Firmenich International SA; Symrise AG; V MANE FILS SA; Robertet SA; International Flavors & Fragrances Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Rose Oil Market Report Segments:

The market is segmented by Product (Organic, Conventional), by Application (Food & Beverages, Fragrance & Cosmetics, Pharmaceuticals).

Rose Oil Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Rose Oil Market

Overview of the regional outlook of the Rose Oil Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Rose Oil Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Rose Oil Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Organic

                2. Conventional

                1. Food & Beverages

                2. Fragrance & Cosmetics

                3. Pharmaceuticals

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Rose Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
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Reasons to Purchase the Rose Oil Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.