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Cedarwood Oil Market

Cedarwood oil is an essential oil extracted from leaves, berries, needles, and barks of cedar trees. There are various types of cedars such as eastern red cedar, eastern white cedar, Spanish cedar, Alaskan yellow cedar, and western red cedar. The most popular type of cedar is the eastern red cedar, popularly known as the Juniperus Virginiana L. and it is an evergreen conifer.<br><br>

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Cedarwood Oil Market

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  2. According to a new report published by Allied Market Research, titled, “Cedarwood Oil Market by Technique, End Use, and Industry: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global cedarwood oil market size is expected to reach $587.3 million by 2030, growing at a CAGR of 6.6% from 2021 to 2030. Cedarwoodoil is an essential oil extracted from leaves, berries, needles, and barks of cedar trees. There are various types of cedars such as eastern red cedar, eastern white cedar, Spanish cedar, Alaskan yellow cedar, and western red cedar. The most popular type of cedar is the eastern red cedar, popularly known as the JuniperusVirginiana L. and it is an evergreen conifer. The cedarwood oil has anti-anxiety and anti-depressant properties, which fuels its demand in the spa & relaxation industry. Moreover, rapidly growing health and wellness tourism across the globe propels demand for the various therapies such as spa therapy, body massage, and aroma therapy. This boosts consumption of cedarwood oil. Furthermore, medicinal and therapeutic benefits associated of oil are expected to foster demand for cedarwood oil in the pharmaceutical industry, thereby contributing toward growth of the global cedarwood oil market. • Cedarwood Oil Market Download Report Sample

  3. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/16228 • Frontrunners in the industry- • Essential Oils • Finetech Industry Limited • Foreverest Resources Ltd. • Grayden Industries, Inc. • Mother Herbs (P) Ltd. • Orchid Chemical Supplies Ltd. • Venus Enterprises Limited • A.G. Industries • Falcon Essential Oils • SVA Organics • Cedarwood Oil Market Download Report Sample

  4. Cedarwood Oil Market Market Segment: The market is segmented on the basis of technique, end use, industry, and region. By technique, the market is segregated into steam distillation, carbon dioxide distillation, and cold press. On the basis of end use, it is categorized into cosmetics & skincare, toiletries, aroma therapy, and others. Depending on industry, it is segmented into spa & relaxation, pharmaceuticals, and others. Region wise, the cedarwood oil market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, the Netherlands, Spain, Austria, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA). By technique, steam distillation was the dominating segment, garnering a market share of 84.8% in 2020.  On the basis of end use, cosmetics & skincare is estimated to be the fastest-growing segment during the forecast period.  By industry, pharmaceuticals is expected to be the most opportunistic segment. Various therapeutic and health benefits associated with cedarwood oil such as antiseptic, anti-inflammatory, diuretic, anti-fungal, and antispasmodic is projected to boosts its utilization in production of various medicines in the future. Download Report Sample

  5. Region wise, North America dominated the market, accounting for 37.5% of the cedarwood oil market share in 2020. U.S. is the leading producer and consumer of cedarwood oil in the globe. • Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/checkout-final/0a89f1588d2794cfe7fc70e6578fa45a • Key findings of the study • The global cedarwood oil market size was valued at $303.8 million in 2020, and is projected to reach $587.3 million by 2030, registering a CAGR of 6.6% from 2021 to 2030. • By technique, the steam distillation segment was the highest contributor to the market, with $257.8 million in 2020, and is estimated to reach $484.7 million by 2030, at a CAGR of 6.3% during the forecast period. • By end use, the aroma therapy segment was the highest contributor to the market, with $119.8 million in 2020, and is estimated to reach $217.8 million by 2030, at a CAGR of 5.9% during the forecast period. • By industry, the spa & relaxation segment was the highest contributor to the market, with $205.9 million in 2020, and is estimated to reach $390.7 million by 2030, at a CAGR of 6.4% during the forecast period. • Cedarwood Oil Market Download Report Sample

  6. Covid-19 scenario- • The outbreak of Covid-19 led to the enforcement of lockdown in almost all the countries across the world. It caused significant hardship to several industrial verticals along with the Cedarwood Oil Market. There were huge disruptions in the supply chain as well. • Nevertheless, the government bodies are now coming up with relaxations on the existing regulations to help different sectors get back on their feet yet again. • Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/16228 • Cedarwood Oil Market Download Report Sample

  7. About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Cedarwood Oil Market Download Report Sample

  8. Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research Cedarwood Oil Market Download Report Sample

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