Bergamot Oil Market
Bergamot Oil Market Analysis By Type (Organic, Conventional), By End Use (Food & Beverages, Pharmaceuticals, Skin & Personal Care, Haircare, Aromatherapy) - Global Market Insights 2022 to 2027
Analysis of Bergamot Oil market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bergamot Oil Market Outlook (2022 to 2027)
The global bergamot oil market is valued at US$ 21.2 billion in 2022 and is predicted to reach a size of US$ 31.5 billion by the end of 2027. Worldwide demand for bergamot oil is expected to increase rapidly at a CAGR of 8.2% over the next five years.
Rising preference for organic and natural ingredients is expected to drive the demand for organic bergamot oil, which is expected to account for nearly 64% of the global market share of the bergamot oil industry by 2027.
| Report Attributes | Details |
|---|---|
| Bergamot Oil Market Size (2022) | US$ 21.2 Billion |
| Projected Market Value (2027F) | US$ 31.5 Billion |
| Global Market Growth Rate (2022 to 2027) | 8.2% CAGR |
| Organic Segment Share (2027F) | 64% |
| Conventional Segment Growth Rate (2022 to 2027) | 5.5% |
| Key Companies Profiled | Bunge Limited; Symrise AG; Cargill Inc.; Mountain Rose Herbs Inc.; Louis Dreyfus Company B.V.; Citrus and Allied Essences Ltd.; Willmar International Limited.; Citromax Flavors; Avril Group; SVA Naturals; Terra International; Amway; Dabur; Bontoux S.A.S.; Herbalife; Mgb Grup Essential Oils Co. Ltd.; AOS Products Pvt. Ltd.; The Good Scent Company; Archer-Daniels-Midland Company; Olam Group |
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Bergamot Oil Consumption Analysis (2017 to 2021) in Comparison to Market Forecasts (2022 to 2027)
Bergamot oil is a natural cleansing oil and has several other beneficial properties that provide it with a wide scope of application across several industry verticals. Increasing consumer preference for products with natural ingredients is anticipated to be a prime driver for the bergamot oil market over the next five years.
The bergamot oil market is predicted to evolve at a CAGR of 8.2% from 2022 to 2027.
Rising consumer demand for natural foods, growing use of organic ingredients in the personal care industry, increasing use of different types of extraction methods, and rising focus on health and fitness are significant factors that could potentially promulgate demand for bergamot oil across the forecast period.
However, stringent regulatory mandates and fluctuating raw material prices are projected to restrain the overall bergamot oil market potential through 2027.
Which Market Determinants are Inducing Demand for Bergamot Oil?
“Increasing Consumption of Natural Ingredients & High Incidence of Cardiac Disorders”
The world has witnessed a notable rise in popularity of the veganism trend and this has led to increased consumption of plant-based foods and natural food products. Bergamot orange extract oil is also used as a natural flavoring agent in various food products.
Bergamot oil is used in food products as a natural ingredient that helps in the reduction of cholesterol and since the incidence of cardiac disorders is high, it is expected to witness an increase in demand over the years to come. The aforementioned factors are expected to supplement bergamot oil sales and global bergamot extract market growth through 2027.
“High Usage of Bergamot Oil in Pharmaceutical Manufacturing”
The pharmaceutical industry has evolved drastically over the past few years owing to the high demand for drugs in the wake of infectious disease outbreaks and the prevalence of chronic diseases. Increasing awareness of ill effects associated with the consumption of chemicals has pushed pharmaceutical manufacturers to use more natural ingredients in their formulations.
Bergamot oil has antiseptic, pain relieving, antibacterial, and antispasmodic properties that make it a favorable choice for drug formulations. It also has the ability to absorb disagreeable odors of various ingredients used in pharmaceutical products. All of the aforementioned factors make bergamot oil a high-demand ingredient in the pharmaceutical industry.
“Rising Demand for Organic & Natural Ingredients in Personal Care Products”
The personal care industry has expanded as people are more aware of their physical appearance and have disposable income to spend on personal care products. Consumer demand for organic and quality ingredient-based personal care products has led to high demand for natural ingredients in the personal care industry.
New companies and established market players in the personal care market are using natural ingredients such as bergamot oil, argan oil, lavender oil, etc.
- In February 2022, Next, a high street retailer, developed a new beauty brand called Woah with a skincare development laboratory in the United Kingdom. The brand features 16 vegan products that use ingredients such as rose water, bergamot oil, retinol, etc.
- Ketish, a female wellness brand, is offering a product called The Potion. The product is a blend of botanical oils and plant oils like bergamot oil, hempseed oil, arnica, lavender oil, and other ingredients that target muscle tension and cramps in females during periods.
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Which Regions Should Bergamot Oil Suppliers Invest In?
“Europe & North America to Be Highly Rewarding Regional Markets”
The regions of Europe and North America collectively are expected to account for nearly 60% of the global bergamot oil marketplace by the end of 2027.
The bergamot tree is native to the region of North America and is also found in some parts of France, Turkey, and southern Italy, which provides good opportunities for producers of bergamot oil in these regions and allows the production of quality products.
Increasing consumer demand, rising scope of application in several end-use industries, and the presence of prominent pharmaceutical manufacturers in these regions are other factors that could potentially uplift bergamot oil sales across the forecast period. The United States is anticipated to be a highly opportunistic market for bergamot oil producers over the next five years owing to changing consumer preferences and the rising popularity of natural and plant-based products.
This latest research study by analysts at Fact.MR, a market research and competitive intelligence provider, discusses the trends in the bergamot oil marketplace, bergamot oil pricing analysis, bergamot oil supply chain analysis, and other factors that define and govern market growth on a regional and global level.
Country-wise Insights
Which Country is an Attractive Market for Bergamot Oil in Europe?
“France to Emerge as Highly Attractive Market for Producers of Bergamot Oil”
France is home to various personal care brands and this makes it a highly attractive market for bergamot oil companies as most of the personal care companies opt to use more natural and organic ingredients in their products.
Changing consumer preferences and the rising demand for bergamot oil in various industry verticals in the country are also expected to favor bergamot oil market potential across the forecast period. Production of bergamot oil is also high in the country as compared to most other European countries except Italy and Turkey.
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Category-wise Insights
Which Type of Bergamot Oil is Most Preferred by Consumers?
“Rising Awareness of Benefits Associated with Consumption of Natural Foods Driving Organic Bergamot Oil Sales”
The global bergamot oil market, based on type, is segmented into organic and conventional.
The organic segment currently holds a lion’s share in the global bergamot oil marketplace and is anticipated to maintain this stance across the forecast period. Increasing consumer awareness of organic products and rising awareness of ill-effects associated with chemically-treated products are prime factors that drive demand for organic bergamot oil through 2027. Shipments of organic bergamot oil are predicted to account for nearly 64% of the global revenue share of the market by the end of the forecast period.
High demand for conventional bergamot oil in pharmaceutical, healthcare, and personal care applications is expected to drive its demand at a CAGR of around 5.5% over the next five years.
Which End Use is Slated to Lead Revenue Generation?
“Increasing Stress Levels Drive Demand for Aromatherapies”
The global bergamot oil market, based on end use, is segmented into food & beverages, pharmaceuticals, skin & personal care, hair care, aromatherapies, and others.
Stress levels in the general population have increased exponentially and this has led to a rising in demand for anti-depressant therapies and stress-reducing ingredients. Bergamot oil has amalgams that reduce stress levels, inflammation, anxiety, and discomfort, which makes it a popular choice in aromatherapy. Increasing focus on mental health has led to high demand for aromatherapies and the Pinene and Limonene ingredients of the oil make it an invigorating and stimulating choice.
The aromatherapies segment accounts for a major market share and is anticipated to maintain this stance through 2027. Demand for bergamot oil in the skin and personal care segment is projected to increase at a CAGR of around 4% throughout the forecast period.
Competitive Landscape
Top companies in the bergamot oil industry are expected to focus on providing organic bergamot essential oil to personal care product manufacturers as they focus on developing products with organic ingredients.
- In September 2022, Amour's Secrets announced the debut launch of its skincare products that are made from natural and plant-based ingredients. The cleansing and hydrating oil launched by Amour features a unique blend of argan oil, lavender oil, rosewood oil, bergamot oil, and other natural ingredients to provide skin with soothing and luxurious hydration.
Key Segments in Bergamot Oil Industry Research
-
By Type :
- Organic
- Conventional
-
By End Use :
- Food & Beverages
- Pharmaceuticals
- Skin & Personal Care
- Haircare
- Aromatherapies
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017–2021 and Forecast, 2022 to 2027
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Type
- 9.1. Organic
- 9.2. Conventional
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by End Use
- 10.1. Food & Beverages
- 10.2. Pharmaceuticals
- 10.3. Skin & Personal Care
- 10.4. Haircare
- 10.5. Aromatherapies
- 10.6. Others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Bunge Limited
- 21.2. Symrise AG
- 21.3. Cargill Inc.
- 21.4. Mountain Rose Herbs Inc.
- 21.5. Louis Dreyfus Company B.V.
- 21.6. Citrus and Allied Essences Ltd.
- 21.7. Willmar International Limited
- 21.8. Citromax Flavors
- 21.9. Avril Group
- 21.10. SVA Naturals
- 21.11. Terra International
- 21.12. Amway
- 21.13. Dabur
- 21.14. Bontoux S.A.S.
- 21.15. Herbalife
- 21.16. Mgb Grup Essential Oils Co. Ltd.
- 21.17. AOS Products Pvt. Ltd.
- 21.18. The Good Scent Company
- 21.19. Archer-Daniels-Midland Company
- 21.20. Olam Group
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2027, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2027, By End Use
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2027
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2027
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2027
Figure 08: Global Market Share Analysis (%), By Type, 2022 to 2027
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2022 to 2027
Figure 10: Global Market Attractiveness Analysis by Type, 2022 to 2027
Figure 11: Global Market Share Analysis (%), By End Use, 2022 to 2027
Figure 12: Global Market Y-o-Y Analysis (%), By End Use, 2022 to 2027
Figure 13: Global Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2027
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2027
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2027
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By End Use, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 22: North America Market Attractiveness Analysis by Type, 2022 to 2027
Figure 23: North America Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By End Use, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2027
Figure 30: Latin America Market Attractiveness Analysis by Type, 2022 to 2027
Figure 31: Latin America Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By End Use, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2027
Figure 38: Europe Market Attractiveness Analysis by Type, 2022 to 2027
Figure 39: Europe Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2027
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By End Use, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 46: South Asia Market Attractiveness Analysis by Type, 2022 to 2027
Figure 47: South Asia Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By End Use, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2027
Figure 54: East Asia Market Attractiveness Analysis by Type, 2022 to 2027
Figure 55: East Asia Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By End Use, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2027
Figure 62: Oceania Market Attractiveness Analysis by Type, 2022 to 2027
Figure 63: Oceania Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2027
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End Use, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2027
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2022 to 2027
Figure 71: Middle East and Africa Market Attractiveness Analysis by End Use, 2022 to 2027
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2027
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By End Use, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2027
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By End Use, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2027
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By End Use, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2027
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By End Use, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2027
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By End Use, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2027
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By End Use, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2027
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By End Use, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2027
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By End Use, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2027
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By End Use, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By End Use, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2027
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By End Use, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2027
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By End Use, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2027
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By End Use, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2027
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By End Use, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2027
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By End Use, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2027
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By End Use, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2027
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By End Use, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2027
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End Use, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2027
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By End Use, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2027
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By End Use, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What valuation does the bergamot oil market enjoy?
The global bergamot oil market is currently valued at US$ 21.2 billion.
How big will the bergamot oil market be by 2027?
By 2027, the global market for bergamot oil is anticipated to reach US$ 31.5 billion.
How fast will demand for bergamot oil increase over the next five years?
Worldwide demand for bergamot oil is projected to surge at a CAGR of 8.2% through 2027.
What market share is expected to be held by North America & Europe?
North America and Europe are anticipated to collectively account for nearly 60% of the global market share by 2027.
Which are the top companies manufacturing bergamot oil?
Key suppliers of bergamot oil are Symrise AG, Cargill Inc., Mountain Rose Herbs Inc., Louis Dreyfus Company B.V., Citrus and Allied Essences Ltd., Willmar International Limited., Citromax Flavors, Avril Group, SVA Naturals, Terra International, and Amway.
Which countries account for high demand for bergamot oil?
Italy, France, the United Kingdom, and the United States are prominent countries in the bergamot oil market.
Bergamot Oil Market