Newark, Sept. 04, 2023 (GLOBE NEWSWIRE) -- As per the report published by The Brainy Insights, the global frangipani extract market is expected to grow from USD 35.90 billion in 2022 to USD 60.46 billion by 2032, at a CAGR of 5.35% during the forecast period 2023-2032.
Frangipani gives fragrance to products like massage oils, candles, and soaps. It is additionally utilized in scents for aroma purposes. It is likewise advantageous for the skin as it assists with saturating the skin and comprises a few indispensable fixings that assist the skin with getting hydrated. It is likewise utilized as an anti-ageing product. Frangipanis have anti-inflammatory and antioxidant properties, which help to keep a solid body. These properties take out dangerous toxins from the body. The decontaminating characteristics shield the organs from getting harmed. Frangipani is usually connected with sensations of sentiment and love. It should lighten aggravation, cerebral pains, back uneasiness, and tinnitus. It is known for its hydrating properties since it recuperates dry and broke skin and keeps it graceful. Frangipani oil has aphrodisiac, astringent, and purifying effects and the capacity to mitigate nerves and muscles. The tempting smell of frangipani is a famous ingredient in scents and corrective items. In India, it is known as the Pagoda tree, Sanctuary tree, and West Indian Jasmine tree, and it is one of the most famous nursery plants. Frangipani restorative products revive you from the inside, causing you to show up and feel more youthful. Frangipani essential oil is significant in aromatherapy due to its smell, which benefits the brain and the body. It has been displayed to diminish aggravation, migraines, back agony, and tinnitus.
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Market Growth & Trends
Buyers have been progressively inclining towards natural products, including personal care and fragrance items. Frangipani extract, obtained from the tropical Frangipani flower, is utilized in beauty care products, scents, and aromatherapy products because of its wonderful aroma and potential soothing properties. Frangipani extract has gained popularity in the cosmetics industry, particularly in skincare and haircare products. Its normal smell and advantages for the skin and hair make it an appealing ingredient for various beauty formulations. Aromatherapy has been getting some decent momentum as a complementary therapy for relaxation and stress relief. Frangipani's sweet and botanical fragrance often creates a calming atmosphere. Aromatherapy has been building some decent momentum as a complementary therapy for relaxation and stress relief. Frangipani's sweet and botanical fragrance is mostly utilized in aromatherapy practices to create a calming atmosphere. With developing ecological awareness, buyers and organizations have been emphasizing more on sustainable and ethical sourcing of raw materials. This trend may lead to more responsible sourcing practices for Frangipani extract.
Key Findings
• In 2022, the essential oil segment dominated the market with the largest market share of 42% and market revenue of USD 15.08 billion.
The type segment is divided into fragrance oil, absolute oil and essential oil. In 2022, the essential oil segment dominated the market with the largest market share of 42% and market revenue of USD 15.08 billion.
• In 2022, the organic segment accounted for the largest share of the market, with 58.56% and a market revenue of USD 21.02 billion.
The nature segment is divided into organic and conventional. In 2022, the organic segment accounted for the largest share of the market, with 58.56% and a market revenue of USD 21.02 billion.
• In 2022, the steam distillation segment dominated the market with the largest market share of 58% and market revenue of USD 20.82 billion.
The extraction process segment is divided into solvent extraction and steam distillation. In 2022, the steam distillation segment dominated the market with the largest market share of 58% and market revenue of USD 20.82 billion.
• In 2022, the cosmetics & personal care segment accounted for the largest share of the market, with 42.45% and a market revenue of USD 15.24 billion.
The application segment is divided into aromatherapy, cosmetics & personal care and household. In 2022, the cosmetics & personal care segment accounted for the largest share of the market, with 42.45% and a market revenue of USD 15.24 billion.
• In 2022, the business to business segment dominated the market with the largest market share of 54.98% and market revenue of USD 19.74 billion.
The distribution channel segment is divided into business to business and business to consumers. In 2022, the business to business segment dominated the market with the largest market share of 54.98% and market revenue of USD 19.74 billion.
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Regional Segment Analysis of the Frangipani Extract Market
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
Among all regions, the North American region emerged as the largest market for the global Frangipani Extract market, with a market share of 39% and USD 14 billion of the market revenue in 2022. The demand for natural beauty products and personal care products has been rising in the Asia Pacific region. With its lovely scent and potential skincare benefits, Frangipani extract has tracked down applications in different excellence and individual consideration details, like lotions, creams, shampoos, and soaps. Frangipani flowers and their concentrates have been utilized in traditional medicine for their implied therapeutic properties. Moreover, the scent of frangipani is likewise utilized in aromatherapy to create a relaxing and soothing atmosphere. The frangipani flower is profoundly esteemed for its excellence and aroma in numerous nations in the Asia Pacific region. Resorts, spas, and hotels frequently use frangipani aromas in their amenities and offices to improve the visitor experience.
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Key players operating in the global Frangipani Extract market are:
• Mane KANCOR
• NATIVE EXTRACTS Pty Ltd
• Aromaaz International
• India Aroma Oils and Company
• Avi Naturals
• Essential Oils Company
• Venkatramna Industries
• HYSSES
• Veda Oils
• Aethon International LLP
• Buckley & Phillips Aromatics
• A. G. Organica Pvt Ltd.
• Herbo Nutra Extract Private Limited
• Falcon
• Moksha Lifestyle Products
This study forecasts global, regional, and country revenue from 2019 to 2032. The Brainy Insights has segmented the global frangipani extract market based on the below-mentioned segments:
Global Frangipani Extract Market by Type:
• Fragrance Oil
• Absolute Oil
• Essential Oil
Global Frangipani Extract Market by Nature:
• Organic
• Conventional
Global Frangipani Extract Market by Extraction Process:
• Solvent Extraction
• Steam Distillation
Global Frangipani Extract Market by Application:
• Aromatherapy
• Cosmetics & Personal Care
• Household
Global Frangipani Extract Market by Distribution Channel:
• Business to Business
• Business to Consumers
o Hypermarkets/Supermarkets
o Speciality stores
o Online Retail
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About the report:
The global frangipani extract market is analyzed based on value (USD Billion). All the segments have been analyzed worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyzes driving factors, opportunities, restraints, and challenges for gaining critical insight into the market. The study includes porter's five forces model, attractiveness analysis, raw material analysis, supply, and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.
About The Brainy Insights:
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