Bergamot Essential Oil Market: Global Industry Analysis and Forecast (2021-2027)

Bergamot Essential Oil Market reached a value of US$ 18.60 Bn. in 2020. The global market is expected to grow at a CAGR of 7.52% during the forecast period. The market is expected to reach a value of US$ 30.90 Bn. by 2027.

Bergamot Essential Oil Market Overview:

Bergamot Essential Oil is a cold-pressed essential oil made from cells found inside the rind of the bergamot orange fruit. In perfumes, it is a common flavouring and top note. Bergamot essential oil has a floral aroma that is similar to that of a sweet mild orange peel oil. Aromatherapy is the most prevalent solicitation for it, and it is recycled to progress mood and release pressure. It has the same features and characteristics as grapefruit essential oil, and it may be used to treat a variety of health problems, including decreasing cholesterol and serving as an antiseptic, pain reliever, and antispasmodic. The volatile oils of the bergamot orange are described as flavouring agents in the USP Food Chemicals Codex and are generally recognised as safe for human consumption by the Food and Drug Administration. Bergamot essential oil has been used in cosmetics, aromatherapy, and as a flavouring in food and beverages. Bergamot Essential Oil Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis especially with the impact of lockdown by region.

Bergamot Essential Oil Market Dynamics:

Bergamot essential oil is becoming more widely used in the skincare, cosmetics, and pharmaceutical industries which is driving the growth for the market: The essential oil of bergamot is a natural cleaner. It is particularly helpful for greasy skin, as it assists to clear apertures and control sebum fabrication. Chamomile oil can be used to decontaminate and nourish skin that is prone to dryness. It is a dry oil, which means it absorbs directly into the skin, healing and balancing it from underneath the surface. This mild moisturiser is non-comedogenic, which means it won't clog pores. Bergamot oil is a stimulating and rejuvenating addition to a daily routine for hair health. It can impart lustre to dull locks that are prone to breakage and frizz due to dryness and the elements which are fuelling the growth of the market. However, the pharmaceutical sector uses Bergamot Essential Oil to absorb the disagreeable odours of therapeutic items as well as for its antiseptic and antibacterial capabilities. Aromatherapy massage with this oil has been demonstrated to alleviate anxiety symptoms in cancer patients. Bergamottin also interacts with amphetamine metabolism through a similar enzyme. Bergamottin affects fewer drugs by stopping them from being absorbed into the bloodstream treatments like fexofenadine become less effective when combined with bergamottin. Certain Side effects by using Bergamot Essential Oil will hamper the growth of the market: When bergamot essential oil is consumed improperly, it can cause skin irritation, burning sensation, redness, blisters, and hives. To lessen the adverse effects of bergamot oil, it is recommended that it can be mixed with coconut oil or other oils. When taking bergamot with food, some people develop dizziness, muscle cramps, heartburn and also problems with blood sugar. Bergamot may produce a dip in blood sugar. It should stop using bergamot supplements within two weeks before surgery, according to WHO which is hampering the growth of the market. Bergamot Essential Oil gives several health benefits which are creating a huge opportunity for the market: Bergamot has several health benefits, including increasing breathing, reducing discomfort, lowering cholesterol, reducing fever, and reducing fatty deposits in the human body. Bergamot essential oil is also used in aromatherapy treatments. It is thought to clear and stimulate the mind, as well as have an uplifting, balancing, and strengthening influence on the senses, which helps to alleviate negative moods. These major factors are creating a huge opportunity for the market. Bergamot Essential Oil Market

Bergamot Essential Oil Market Segment Analysis:

Based on Type, the market is segmented into organic bergamot essential oil, Conventional bergamot essential oil and Others. The Organic bergamot essential oil segment is expected to hold 63.46% of the overall market share in terms of revenue by 2027. Organic oils are free of dangerous chemicals and are consequent from gradually harvested plants and seeds that are grown without the use of enrichers or insecticides. Organic oils are naturally processed and are less precarious, which has increased demand for organic bergamot essential oil, predominantly among families. However, the Conventional bergamot essential oil segment is expected to grow at a CAGR of 5.4% during the forecast period. Because of its high ultimatum in the pharmaceutical and healthcare & cosmetic diligences, the conventional bergamot oil category has created a lucrative growth for the market. Bergamot Essential Oil Market Based on Application, the Bergamot Essential Oil is segmented into pharmaceutical, food industry, Aromatherapy, Skincare & Cosmetics, and Others. Aromatherapy is expected to dominate the Bergamot Essential Oil market during the forecast period. Food poisoning, headaches, acne, anxiety, and stress are all situations that bergamot oil is used to treat. Oil has amalgams that aid to reduce stress hormones, discomfort, and inflammation. Bergamot essential oil has been shown to help and treat symptoms of depression by reducing anxiety and stress. The Pinene and Limonene ingredients of the oil make it stimulating, invigorating and motivating. However, the Skincare & Cosmetics segment is expected to grow at a CAGR of 4.1% during the forecast period. The skincare industry is expanding because it aids in the treatment of hair, skin, and acne glitches that are common amongst young people.

Bergamot Essential Oil Market Regional Insights:

Europe and North America regions accounted for the largest market share of 61.1% in recent years. As the bergamot tree is native to North America and can be found in southern Italy and parts of France and Turkey, the production of bergamot essential oil is high in this region. The presence of key market players and government support for bergamot oil cultivation in this region have proven to be the best opportunities for market growth. Also, advancements in technology and increased demand from the end-user industry are driving the growth of the market. UK, Italy and France contribute the most to the growth of the Bergamot Essential oil market. Asia-Pacific regions are expected to record the fastest market growth due to the increase in application in the industry pharmaceutical, skincare and cosmetics, it is also used for aromatherapy. According to data, India has 74% of people suffering from stress and 88% due to anxiety. For this reason, the demand for bergamot oil is very high in India. In South America, the demand for bergamot essential oil for skincare is very high because of the coldest weather in the region, prone to rashes and dry skin. The application of bergamot oil keeps the skin moist and hydrated. India, Japan, China and Brazil contributed the most to the market growth in the region. The Middle East and Africa are experiencing slow growth due to low knowledge and awareness about the benefits and uses of bergamot oil. Even so, the shift in key market players in the region and an increase in investment is expected to drive the market growth during the forecast period. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the 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 include market leaders, followers, and new entrants. PORTER, 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 reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the global market makes the report investor's guide.

Bergamot Essential Oil Market Scope: Inquiry Before Buying

Bergamot Essential Oil  Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 18.60 Bn.
Forecast Period 2021 to 2027 CAGR: 7.52% Market Size in 2027: US $ 30.90 Bn.
Segments Covered: by Type • Organic bergamot essential oil • Conventional bergamot essential oil • Others
by Application • Pharmaceutical • food industry • Aromatherapy • Skincare & Cosmetics • Others

Bergamot Essential Oil Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Bergamot Essential Oil Market Key Players

• Bunge Limited. • Cargill, Inc. • Louis Dreyfus Company B.V • Willmar International Limited. • Avril Group • SVA Naturals • Louis Dreyfus Company • Amway • Dabur • Herbalife • Mgb Grup Essential Oils Co. Ltd • AOS Products Pvt Ltd. • The Good scent company • Archer-Daniels-Midland Company • Olam Group

Frequently Asked Questions:

1] What segments are covered in the Bergamot Essential Oil Market report? Ans. The segments covered in the Bergamot Essential Oil Market report are based on Type and Application. 2] Which region is expected to hold the highest share in the Bergamot Essential Oil Market? Ans. The European region is expected to hold the highest share in the Bergamot Essential Oil Market. 3] What is the market size volume of the Bergamot Essential Oil Market by 2027? Ans. The market size of Bergamot Essential Oil Market is expected to be 30.90 Bn by 2027. 4] What is the forecast period for the Bergamot Essential Oil Market? Ans. The forecast period for Bergamot Essential Oil Market is 2021-2027. 5] What was the market size volume of the Bergamot Essential Oil Market in 2020? Ans. The market size of the Bergamot Essential Oil Market in 2020 was US$ 18.60 Bn.
1. Bergamot Essential Oil Market Size: Research Methodology 2. Bergamot Essential Oil Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Bergamot Essential Oil Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Bergamot Essential Oil Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Bergamot Essential Oil Market Size Segmentation 4.1. Bergamot Essential Oil Market Size, by Type (2020-2027) • Organic Bergamot Essential Oil • Conventional Bergamot Essential Oil • Others 4.2. Bergamot Essential Oil Market Size, by Application (2020-2027) • Pharmaceutical • food industry • Aromatherapy • Skincare & Cosmetics • Others 5. North America Bergamot Essential Oil Market (2020-2027) 5.1. Bergamot Essential Oil Market Size, by Type (2020-2027) • Organic bergamot essential oil • Conventional bergamot essential oil • Others 5.2. Bergamot Essential Oil Market Size, by Application (2020-2027) • Pharmaceutical • food industry • Aromatherapy • Skincare & Cosmetics • Others 5.3. North America Bergamot Essential Oil Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Bergamot Essential Oil Market (2020-2027) 6.1. European Bergamot Essential Oil Market, by Type (2020-2027) 6.2. European Bergamot Essential Oil Market, by Application (2020-2027) 6.3. European Bergamot Essential Oil Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Bergamot Essential Oil Market (2020-2027) 7.1. Asia Pacific Bergamot Essential Oil Market, by Type (2020-2027) 7.2. Asia Pacific Bergamot Essential Oil Market, by Application (2020-2027) 7.3. Asia Pacific Bergamot Essential Oil Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Bergamot Essential Oil Market (2020-2027) 8.1. The Middle East and Africa Bergamot Essential Oil Market, by Type (2020-2027) 8.2. The Middle East and Africa Bergamot Essential Oil Market, by Application (2020-2027) 8.3. The Middle East and Africa Bergamot Essential Oil Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Bergamot Essential Oil Market (2020-2027) 9.1. Latin America Bergamot Essential Oil Market, by Type (2020-2027) 9.2. Latin America Bergamot Essential Oil Market, by Application (2020-2027) 9.3. Latin America Bergamot Essential Oil Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Bunge Limited. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Cargill, Inc. 10.3. Louis Dreyfus Company B.V 10.4. Willmar International Limited. 10.5. Avril Group 10.6. SVA Naturals 10.7. Louis Dreyfus Company 10.8. Amway 10.9. Dabur 10.10. Herbalife 10.11. Mgb Grup Essential Oils Co. Ltd 10.12. AOS Products Pvt Ltd. 10.13. The Good scent company 10.14. Archer-Daniels-Midland Company 10.15. Olam Group

About This Report

Report ID 110344
Category Food & Beverages
Published Date Jun 2021
Updated Date Feb 2022
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