Sage Essential Oil Market – Global Industry Analysis and Forecast (2023-2029)

Sage Essential Oil Market was valued at US$ 7.28 billion during the forecast period, the market is expected to grow at a CAGR of 8.4% by 2029 the market is expected to be valued at US$ 12.81 billion.
Sage Essential Oil Market Overview:
The leaves of the Salvia officinal are parsley, commonly known as Common Sage, True Sage, Garden Sage, and Dalmatian Sage, which are steam purified to produce Sage Essential Oil. Sage is a plant that produces wild in various countries neighboring the Mediterranean Sea. It is applied as a herbal healing agent since its leaf comprises tannic acid, ursonic acid, carnosic acid, fumaric acid, chlorogenic acid, caffeic acid, and others.

Steam concentration is used to abstract sage essential oil from the leaves of the Salvia officinal is an herb. True stage, common stage, dalmatian sage, and garden stage are used to designate this period. The mechanisms of sage essential oil are borneol, cineole, and thujone. Antifungal, antioxidant, antibacterial, cicatrizant, and expectorant accomplishments are also extant in this oil.To know about the Research Methodology :- Request Free Sample Report
Sage Essential Oil Market Dynamics:
Sage Oil has a wide range of applications in the cosmetics and personal care business:

Sagging skin, wrinkles, fine lines, muscles, and tissue disintegration are all prevented by using oil in skincare products. It is also utilized in massage since it relieves muscular aches and pains caused by a strenuous workout. Sage oil is well known in aromatherapy for endorsing ambiences of balance and easing. The topical advantages of this essential oil have lately been established to be advantageous as a cosmetic ingredient, removing toxins, minimizing the entrance of blemishes, and relieving skin frustration, and thus the market is been driven by owing to these factors.

The total growth of the sage essential oil market is expected to be hampered by strict government regulations:

Essential oils are delimited by the US Food and Drug Administration (FDA), which determines if they are a cosmetic, drug, home item, or anything else. They make their conclusions based on the projected usage of the product. The declarations make on essential oil classification are one method the FDA assesses intended usage. Apart from this, essential oils are not controlled pharmaceuticals like prescription pills, therefore they haven't been exposed to the same rigorous testing as FDA approved treatments. Furthermore, eating essential oils to improve medical issues might result in serious bodily injury which is expected to hamper the growth of the market.

Sage essential oil is available on e-commerce platforms which are giving huge opportunities to the market:

Sage e-commerce is the only shopping cart for Sage X3 that was shaped from the ground up. With a real-time two way edge, it can manage all of the vital data in one location as it coordinates promptly in both schemes with no batching, errors, or manual order entry or re-keying. Sage oil can be gasped for a speedy, relaxing impression at home or on the go, as stated in its assistances. With the usage of two to three drops of sage oil, it may join with water or other essential oils, in an oil diffuser to clear the air of bacteria and also promote relaxing effects.

Market Players in Sage Essential Oil:

Product launches, product approvals, and other organic growth tactics such as patents and events are being prioritised by several companies. Attainments, as well as partnerships and associations, were seen as inorganic growth strategies in the market. These determinations have paved the road for market players to enlarge their business and client sordid. With the increased demand for sage essential oil in the worldwide market, market participants in the sage essential oil market are expected to benefit from lucrative growth prospects in the future.

Competitive Landscape:

The market for sage essential oil is rather patchy. While substantial companies continue to drive improvement and, in most cases, digital alterations, market leaders and rising players with niche services dictate the broader competitive landscape. The Sage Essential Oil Market research outlines some of the most significant market participants while also examining key market trends and approaches. The research examines market activity based on both outlook short and mid long term and strategy which is strategic against functioning while looking at Organic and Inorganic approaches distinctly.
Sage Essential Oil Market Segment Analysis:
By Application, the market is segmented into Cosmetics & Personal Care, households, and Pharmaceuticals. Cosmetics & Personal Care is expected to hold the highest market share in terms of revenue by 2029. Sage helps to alleviate and recover irritating skin conditions. Sage can help with spots, athlete's foot, and chapped casing, as well as eczema and psoriasis indications. Because of its astringent features, the oil from the leaf is commonly used in face and body cleansers, deodorants, and antifungal management which is the major reason for driving the growth of this segment. However, the Pharmaceuticals segment is expected to grow at a CAGR of 5.4% during the forecast period. Because it is said to have carminative, antispasmodic, antibacterial, and caustic features, the essential oil has long been used in medication to relieve pain and treat irritation and infections.

By Source, the market is segmented into Organic and Inorganic. The Organic segment is expected to hold 62.5% of the overall market share in terms of revenue by 2029. Sage Organic Essential Oil which is commonly known as Salvia officinal is 100% unalloyed and regular and is certified organic. The steam concentration of the flowering tops is used to make it. Sage has been used in traditional medicine for a long time. Coughs, asthma, bronchitis, angina, inflammation, depression, digestive and circulatory matters, as well as other diseases, have all been preserved with it in societies all over the world which is a major reason for driving the growth of this segment.

By Distribution Channel, the market is segmented into Direct Channels and Indirect Channels. The Direct Channels segment is expected to hold 75% of the overall market share in terms of revenue by 2029. Direct Channel includes business to business section in which sage oil goes agreeably with a diversity of oils, but individual preferred is mauve. It's also a good competition for Bergamot, Lemon, and Rosemary. However, the indirect channel segment includes hypermarket, speciality stores, and online sales channels in which speciality stores are in high demand for the sage essential oil market.
Regional Insights:
The North American region accounted for the largest market share in 2022 for the market.
Sage cultivation is principally situated in Northern America and a few other European countries, and they account for a substantial serving of the sage essential oil industry. Because of the rise of the cosmetics industry and the aspiration for nutritionally developed products, North America and Europe are likely to be the highest markets in terms of value growth. The oil from the leaf is repeatedly used in face and body lotions, deodorants, and antifungal actions due to its astringent possessions which are a key factor for driving the growth of this region.

However, over the forecast period, the Asia-Pacific market is anticipated to increase at a substantial rate. The Middle East and Africa (MEA) are estimated to be the fastest-growing area for beauty and personal care products. As a result, constituents like sage essential oil are playing a progressively vital protagonist in the cosmetics industry, which is expected to be a major driver of growth in these regions.

The objective of the report is to present a comprehensive analysis of the 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 market makes the report investor's guide.
Sage Essential Oil Market Scope: Inquiry Before Buying



Sage Essential Oil Market


Base Year
2022
Forecast Period
2023-2029


Historical Data
CAGR
Market Size in 2022
Market Size in 2029


2018 to 2022
8.4%
US$ 7.28 Bn
US$ 12.81 Bn


Segments Covered


by Distribution Channel
Direct Channels
Indirect Channels
by Type
Organic
Inorganic
by Application
Cosmetics & Personal Care
Household
Pharmaceuticals


Regions Covered


North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America



Key Players are:
1. India Essential Oils
2. The Essential Oil Company
3. Taytonn PTE LTD
4. Augustus Oils Ltd
5. Bontoux S.A
6. Lansdowne Chemicals
7. Lluch Essence S.L.
8. M&U International LLC
9. O'Laughlin Industries Inc.
10.Young Essential Oils
11.doTerra
12.Biolandes
13.Sibelius Natural Products
14.Frontier Co-op.
15.Aromatics International

Frequently Asked Questions:

1] What segments are covered in the Sage Essential Oil Market report?
Ans. The segments covered in the Sage Essential Oil Market report are based on Application, Source and Distribution Channel.

2] Which region is expected to hold the highest share in the Sage Essential Oil Market?
Ans. The North American region is expected to hold the highest share in the Sage Essential Oil Market.

3] What is the market size of the Sage Essential Oil Market by 2029?
Ans. The market size of the Sage Essential Oil Market is expected to be 12.81 Bn. by 2029.

4] What is the forecast period for the Sage Essential Oil Market?
Ans. The forecast period for the Sage Essential Oil Market is 2023-2029.

5] What was the market size of the Sage Essential Oil market in 2022?
Ans. The market size of the Sage Essential Oil market in 2022 was US$ 7.28 Bn.