Essential Oils Extraction and Manufacturing Industry
Essential Oils Extraction and Manufacturing Industry. Jasmine and Tuberose Oil Extraction Business. Essential Oils from Flower Crops
An essential oil is a natural product extracted from a single plant species. Not all plants produce essential oils, and in the plants that do, the essential oil may be found in the roots, stems, leaves, flowers, or fruits.
Essential oils, also called volatile odoriferous oil, are aromatic oily liquids extracted from different parts of plants, for example, leaves, peels, barks, flowers, buds, seeds, and so on. They can be extracted from plant materials by several methods, steam distillation, expression, and so on. Among all methods, for example, steam distillation method has been widely used, especially for commercial scale production. Essential oils have been widely used as food flavors. Essential oils have been known to possess antioxidant and antimicrobial activities, thereby serving as natural additives in foods and food products.
Jasmine Essential Oil
Jasmine essential oil, or technically Jasmine Absolute (Jasminum officinale) is a pricey and rarer oil to find. It has a sweet aroma (almost sickly sweet to some noses), very floral and stronger than the flowering plant itself.
Jasmine oil is extracted from the flowers of Jasmine. Its scientific names are Jasminum Grandiflora (Royal Jasmine) and Jasminum Officinale (Common Jasmine). It is one of the most powerful, soothing, exotic and pleasant oils available. It is widely accepted for its ability to treat depressed people. This oil is also known to ease childbirth and has been used for many years now. Jasmine oil is also appreciated for its blending properties with other oils. Although expensive, this oil is preferred by many people around the world. The benefits and effects it has on the skin are innumerable. It is extremely effective in healing wound scars and stretch marks besides helping in treating dry skin.
Tuberose Oil
Tuberose oil is extracted from Polianthes tuberosa of the Agavaceae family and is also known as tuberosa and tubereuse.
Polianthes tuberosa, is commonly known as Rajanigandha in India due to its night blooming fragrant flowers. It is small bulbous herb reaching upto height of 2-3 feets. It bears aromatic flowers and generally grown for oranmental purpose. The waxy, white and fragrant flowers on long spikes are mostly used as cut flowers for making garlands and extracting essential oil. There are also few medicinal uses of Polianthes tuberosa. Flowers are used in perfume industry and also diuretic and emetic activity. Bulbs are used as antigonorrhoea, diuretic, emetic and for curing rashes in infant.
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Market Outlook
The essential oil is used across various industries such as agriculture, food and beverage industry, fragrance, cosmetics, pharmaceuticals, and retail. Its benefits range from good sleep, stress relief, pain relief, weight loss, body detoxification, mental alertness and stretch marks healing.
Essential Oil Market is expected to reach $11.188 million by 2022, with a CAGR of 8.7% from 2016 to 2022. Essential oils, also known as volatile oils/aetherolea/ethereal oils, are derived from leaves, stems, flowers, bark, roots, or other parts of a plant. Essential oil is obtained from various herbs and plants, such as orange, eucalyptus, corn mint, peppermint, citronella, lemon, lime clover leaf, and spearmint, using distillation methods such as steam and water distillation. An essential oil contains volatile aroma compounds and real essence of the plant from which it is derived. Essential oils are primarily used in cosmetics & toiletries, food items and beverages.
Rising consumer income across developing nations coupled with high demand for premium cuisine is expected to contribute to the segment growth. Orange, lemon, spearmint, anise, asafetida, basil, citronella, coriander, rosemary, and others are increasingly being used to extract oils and improve flavor in food & beverages instead of adding whole herbs and spices. Rising demand for attractive color and taste in local dishes is further fueling to market growth.
Global Essential Oils Market Share by Application, 2015 (%)
On the basis of application, the essential oils market is led by the food & beverage application segment. Highly nutritive contents and numerous health benefits associated with the consumption of essential oils are the key factors driving the use of essential oils in food & beverage industry during the forecast period. Furthermore, an increase in demand for energy and health drinks is witnessed in the recent years, which have led to increased use of essential oils in beverages. Also, the number of recreational and lifestyle users has constantly increased in the recent years, which will increase the demand for essential oils in spa & relaxation and aromatherapy industries.
The major factor boosting the market growth is the increasing consumer preference for natural and organic products be it cosmetics, food or similar other product categories. This in turn, has led the manufacturers operating in such industries to develop products that contain natural additives. Thus, the growing usage of essential oils among the aforementioned industries, coupled with factors which include increasing disposable income and improved standards of living in emerging economies, supplement the market growth. The factors restricting the market growth are high price of essential oils, availability of synthetic substitutes, and limited availability of raw materials. Government support and favorable regulations are likely to offer lucrative opportunities for market growth.
Essential oils are volatile liquid substances extracted from aromatic plant material by different types of extraction methods. They have potent antioxidant and anti-microbial properties and can be used to treat depression and stress-related diseases. Different types of essential oils used in aromatherapy include tea tree oil, jasmine oil, rosemary oil, and lavender oil. These oils are used in massage therapies, acupuncture, and topical care. Changing lifestyles and their consequences, such as high stress and depression, along with increasing disposable incomes, result in an increase in demand for aromatherapy.
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Global Essential Oil Market
The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil for the creation of new fragrances is surging, leading to an expected upswing in this market over the next few years.
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