Global Peel Oil Market Size study, By Type (Orange, Bergamot, Lemon, Grapefruit, and Others), By Application (Food & Beverage, Fragrance Industry, Cosmetics, Pharmaceutical, and Others), and By Distribution Channel (Online and Offline), and Regional Forec

Global Peel Oil Market Size study, By Type (Orange, Bergamot, Lemon, Grapefruit, and Others), By Application (Food & Beverage, Fragrance Industry, Cosmetics, Pharmaceutical, and Others), and By Distribution Channel (Online and Offline), and Regional Forecasts 2022-2028

Global Peel Oil Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Peel Oil can be defined refers to Oil extracted from peel of different fruits such as Orange, Bergamot, Lemon, and Grapefruit among others. Peel oil is widely used across different industries such as Food & Beverage, Fragrance Industry, Cosmetics, Pharmaceutical etc. The growing Cosmetics and personal care industry and increasing demand for ready-to-eat food and beverages as well as recent merger and acquisition activities are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022, the global market for beauty & personal care is valued at USD 564.40 billion, and this amount is estimated to grow by 4.76% between 2022 and 2026 to reach to USD 679.78 billion by 2026. Furthermore, companies are venturing into merger and acquisition activities to expand their market presence. For instance, in December 2020, Toronto, Canada based New Wave Holdings Corp. acquired Way of Will Inc. (""WoW""). WoW specializes in plant extracts and essential oils based aromatherapy products. Moreover, in December 2021, US based Tilley Company, Inc. announced its merger with Phoenix Aromas and Essential Oils. The merged entity of Tilley and Phoenix would be known as Tilley-Phoenix Group. The merged entity would work in the area of flavor and fragrance ingredients and compounds for different sectors such as food and beverage, personal care, pharmaceutical etc. Also, shifting consumer preference towards organic ingredient based products and rising trend of aromatherapy are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high extraction cost associated with peel oil might hinder the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Peel Oil Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand for plant based products and recent merger and acquisitions activities in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as rising health consciousness among consumers and increasing penetration leading skincare brands in the region, would create lucrative growth prospects for the global Peel Oil Market across the Asia Pacific region.

Major market players included in this report are:
The Essential Oil Company
Vigon International Inc.
TERRA Holdings, LLC.
Heritage Brands Pty Ltd.
Goddess of Spring LLC.
Health & Beauty Natural Oils Co. Inc.
SRS Aromatics Limited
Global Essence Inc.
Ventós, S.A.
Essential Care Organics Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Orange
Bergamot
Lemon
Grapefruit
Others
By Application
Food & Beverage
Fragrance Industry
Cosmetics
Pharmaceuticals
Others
By Distribution Channel
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Peel Oil Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

The Essential Oil Company
Vigon International Inc.
TERRA Holdings, LLC.
Heritage Brands Pty Ltd.
Goddess of Spring LLC.
Health & Beauty Natural Oils Co. Inc.
SRS Aromatics Limited
Global Essence Inc.
Ventós, S.A.
Essential Care Organics Ltd.

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