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NEW YORK, Sept. 23, 2022 /PRNewswire/ — The coriander oil market is fragmentedwith the presence of many vendors. Vendors are deploying organic and inorganic growth strategies to compete in the market.
The coriander oil market size is expected to grow by USD 33.05 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 8.68% during the forecast period. The coriander oil market is driven by the health benefits associated with coriander oil. However, a reduction in coriander seed growing areas might impact the market growth adversely during the forecast period.
Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format
Augustus Oils Ltd., Azelis SA, Berje Inc., doTERRA International LLC, Eden Botanicals, ELIXENS GROUP, Ernesto Ventos SA, Excellentia International, Firmenich SA, Givaudan SA, Grupo Indukern SL, H. Interdonati Inc., iFRAGRANCE INDIALa Medicca India Pvt. Ltd., Penta Manufacturing Co., PerfumersWorld Ltd., Sydney Essential Oil Co. Pty Ltd., The Lebermuth Co. Inc., Ultra International BV, among others, are the main players in the market. The key offerings of some of these vendors are listed below:
- Augustus Oils Ltd. – The company offers coriander oil, which is anti-inflammatory and improves circulation.
- Berje Inc. – The company offers coriander oil, which is produced from Coriandrum Sativum herb.
- doTERRA International LLC – The company offers coriander oil, which is primarily used for massages.
- Eden Botanicals – The company offers coriander oil, which is used in aromatherapy, and natural perfumery.
- ELIXENS GROUP – The company offers coriander oil, which has medicinal properties to treat aches, pains, and skin concerns.
Technavio categorizes the global coriander oil market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market. The global packaged foods and meats market covers manufacturers or food processing vendors that are involved in food processing to eliminate micro-organisms and extend shelf life. The growth of the global packaged foods and meats market will be driven by factors such as health benefits associated with the intake of minimally processed food, a strong distribution network, a private label marketplace, increased offerings of packaged food under the halal category, and a rise in online sales . The market also faces threats from unorganized players, intense competition among vendors, a lack of awareness between minimally and heavily processed vegetables, and stringent food safety regulations.
- Food and beverage – size and forecast 2021-2026
- Medical – size and forecast 2021-2026
- Others – size and forecast 2021-2026
- Europe – size and forecast 2021-2026
- North America – size and forecast 2021-2026
- APAC – size and forecast 2021-2026
- South America – size and forecast 2021-2026
- Middle East and Africa – size and forecast 2021-2026
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
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Coriander Oil Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.68% |
Market growth 2022-2026 |
USD 33.05 million |
Market structure |
Fragmented |
YoY growth (%) |
8.2 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 35% |
Full story available on Benzinga.com
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