Vetiver Oil expected to reach 169.5 USD million by
Vetiver Oil is also termed as khus oil is obtained through the steam distillation of the plant’s roots. The oil has a
strong initial aroma, which may be spicy, woody, herbaceous, smoky, and earthy. It is mainly used to create
body perfumes, oils, room coolers and fresheners, and soap. The oil has soothing and calming properties as it
reduces neurotic behavior, dispels anger, and irritability and hysteria. The vetiver oil market is estimated to
grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously
across the globe.
High demand in fragrance industry and in aromatherapy and rising disposable income are documented as major
factors of vetiver oil market that are estimated to enhance the growth in the years to come. Vetiver oil industry
is segmented based on form type, application, distribution, and region. Blends, absolute, concentrates are the
form types that could be explored in Vetiver Oil in the forecast period.
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The market may be categorized based on applications like perfumery, pharmaceutical, therapeutics, toiletries,
cosmetics, aromatherapy, air fresheners, food & beverages, and others that may be explored in the forecast
period. Pharmaceutical sector accounted for the substantial market share of Vetiver Oil and is estimated to lead
the overall market in the coming years.In addition, perfume sector is estimated to grow at fastest pace in the
coming years. Online stores, modern trade, specialty stores, and franchise outlets are the distribution channels
that could be explored in the forecast period.
Globally, Europe accounted for the largest market share of Vetiver Oil and is estimated to lead the overall
market in the coming years. The reason behind the overall market growth could be presence of key
manufacturers like perfume and pharmaceutica