Lucintel's latest market report analyzed that cedarwood oil provides attractive opportunities in the dyes & coatings, pharmaceuticals, aroma chemicals, agrochemicals, food & beverages and others. The cedarwood oil market is expected to grow at a CAGR of 3%-5%. In this market, cosmetic grade is the largest segment by product type, whereas spa and relaxation are largest by application.
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Based on product type, the cedarwood oil market is segmented into medical grade, cosmetic grade, and others. The cosmetic grade accounted for the largest share of the market in 2020 because of rising skin care benefits of cedar wood oil including its sedating capabilities which cause relief from itching are predicted to drive this market during the forecast period.
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The cedarwood oil market is marked by the presence of several big and small players. Some of the prominent players offering cedarwood oil include Texarome, AOS Products, Young Living Essential Oils, Jiangxi Global Natural Spices, , Pioneer Herb Industrial, SSS biotic.com, Venus Enterprise Limited, Mother Herbs & Agro Products, Henan Allgreen Chemical Co., Ltd, and Finetech Industry Limited.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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