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Vetiver Oil Market - Demand, Supply, Cost structure along with Industry’s Competitive Landscape

The market is expected to witness significant growth over the forecast period on account of its profound usage in applications including fragrance, pharmaceutical, and food & beverage.

The Global Vetiver Oil Market is expected to reach USD 169.5 million by 2022, according to a new report by Grand View Research, Inc.

Growing use of the oil in fragrance industry on account of its unique odor is expected to propel demand over the forecast period. The product has widespread usage in various applications including perfumes, deodorants, cosmetics, lotions as well as soaps. In addition, the compound has extensive usage in the aromatherapy applications owing to its smooth & light fragrance, thus promoting its growth over the next seven years.


The product is available in various grades based on its place of origin including Haiti, Java, and India. Haitian vetiver dominated the market in terms of production volumes followed by Java and India.

To Know More About Vetiver Oil Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/vetiver-oil-market

The increasing use of Java vetiver in fragrance & flavor industry is expected to propel demand which in turn is likely to boost production volumes. However, high product cost associated with the product on account of complex production techniques is expected to hamper growth over the next seven years.

Top Players of Vetiver Oil Market:

Key market participants include Unikode S.A, Fleurchem, Inc., Aromatic Herbals Private Limited, Frager SA, Rajkeerth Aromatics and Biotech Pvt Ltd, Manohar Botanical Extracts Pvt. Ltd., Imperial Extracts and Amphora Aromatics Ltd.

Market Segmentation of Vetiver Oil Market:

The Global Vetiver Oil Market on the basis of Application and Region.

By Application:

    Fragrance
    Pharmaceutical
    Food & Beverage

By Region:

    North America
    Europe
    Asia Pacific
    Rest of the World (RoW)

Inquire About Vetiver Oil Market with Our Experts @ http://bit.ly/2IzuND9

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