Global Fir Essential Oil Market Growth 2023-2029

Global Fir Essential Oil Market Growth 2023-2029

Product Code:459656

Published Date: Feb 08,2023

Pages: 116

Region: Global

Category: Pharma & Healthcare

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Fir (Abies) trees are a genus of 48–56 species of symmetrical, evergreen, coniferous trees belonging to the pine family. The root system of the fir tree helps prevent soil erosion. Fir trees are found through much of North and Central America, Europe, Asia, and North Africa, most often growing in the mountain regions of these continents. Fir needle essential oil most often comes from the fir needles of the Balsam fir (Abies balsamea) or silver fir (Abies alba) tree species.

LPI (LP Information)' newest research report, the “Fir Essential Oil Industry Forecast” looks at past sales and reviews total world Fir Essential Oil sales in 2022, providing a comprehensive analysis by region and market sector of projected Fir Essential Oil sales for 2023 through 2029. With Fir Essential Oil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fir Essential Oil industry.

This Insight Report provides a comprehensive analysis of the global Fir Essential Oil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fir Essential Oil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fir Essential Oil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fir Essential Oil and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fir Essential Oil.

The global Fir Essential Oil market size is projected to grow from US$ 41 million in 2022 to US$ 75 million in 2029; it is expected to grow at a CAGR of 75 from 2023 to 2029.

The market is really concentrated.Top 3 manufacturers took 45.50% market share in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Fir Essential Oil market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Douglas Fir Essential Oil
    Siberian Fir Essential Oil
    Silver Fir Essential Oil
    Balsam Fir Essential Oil
    Others

Segmentation by application
    Personal Care
    Aromatherapy
    Pharmaceuticals
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    doTERRA
    Young Living
    Aromaland
    Floracopeia
    Mountain Rose Herbs
    Now Foods
    Florame
    SVA Organics
    Plant Therapy Essential Oils
    A. G. Industries
    Paras Perfumers
    Vivasan
    Ji’an Huatianbao
    Jiangxi Baicao Pharmaceutical
    Jiangxi Global Natural Spice

Key Questions Addressed in this Report
What is the 10-year outlook for the global Fir Essential Oil market?
What factors are driving Fir Essential Oil market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fir Essential Oil market opportunities vary by end market size?
How does Fir Essential Oil break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?