Global Oregano Oil Market-Industry Analysis and Forecast (2020-2027) (Business Opportunities - Home Business)

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Global Oregano Oil Market-Industry Analysis and Forecast (2020-2027)

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Global Oregano Oil Market was valued US$ xx Bn in 2019 and is expected to grow US$ xx Bn by 2027, at a CAGR of xx% during the forecast period.

Global Oregano Oil Market

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The report has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Oregano oil is an essential oil derived from flowers and air-dried leaves of the oregano plant and concentrated by the steam distillation process. Turkey is the major exporter of oregano oil and dried oregano to the world market. Carvacrol is the chemical accountable for the biological activities of oregano and the reason for its use in several medicines. Oregano oil possesses several medicinal properties like anti-fungal, anti-viral and anti-allergic, etc. It is also used in aromatherapy and dermatology therapy to improve the quality of the skin.

The growing use of organic oil in cosmetics because of its anti-bacterial and anti-inflammatory properties together with a growing inclination for natural and herbal cosmetics is the main factor expected to boost the demand for oregano oil in the forecast period. The consciousness regarding the benefits of natural and organic oil over allopathic medicines is also expected to drive the demand for oregano oil over the estimated period. Increasing use of oregano oil as a natural food additive and further ongoing R&D activities for discovering its other applications can create higher revenue opportunities for players in the oregano oil market. On the other hand, the high cost of oregano oil may hinder the demand for the oregano oil market.

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Last Update : Aug 11, 2021 2:55 AM
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