Materials & Chemicals Market Research News

New study: Global vetiver oil market is expected to reflect a CAGR of 4.0% during the period of forecast, 2017-2022

Materials & Chemicals Research

Europe remains the benchmark of consumption of vetiver oil owing to the growth of pharmaceutical industry and perfume industry in this region. Moreover, higher disposable income and luxury lifestyle in the developed regions in Europe contribute to the higher adoption of cosmetic products and medical products in which vetiver oil is used.


Rise in demand of the vetiver oils can be attributed towards its vast benefits, not only in the cosmetic field or in perfume industry but also in the pharmaceutical sector where it is used in concoctions in order to treat several skin diseases, stretch marks, reinforcing the CNS (Central Nervous System) as well as used to treat conditions such as anxiety, depression, insomnia, stress, tension, nervousness. The major producers of vetiver oils are situated in Japan, China, Brazil and India making these regions as prime manufacturing areas for vetiver oil.

The regions of US and Europe are considered to be the largest consumers for vetiver oils. This list also includes Japan and India.

The increased awareness of natural remedies, benefits of vetiver oil and increasing adoption in different end use industries has spurred the growth of the vetiver oil market from a global standpoint. However, certain limitations such as vetiver oil cannot be consumed by pregnant women as it can cause problems or miscarriage challenge the growth of the vetiver oil market.