Oregano Essential Oil Market

Oregano Essential Oil Market Outlook (2023 to 2033)

The Global Market for Oregano Essential Oil stands at US$ 8,785.3 ‘000 for year 2023 and is anticipated to expand at value CAGR of 6.4% during the forecast period. The market value of Oregano Essential Oil is projected to reach US$ 15,223.2 ‘000 by end of 2033.

Oregano Essential Oil Consumption Analysis (2018 to 2022) Vs. Market Estimations (2023 to 2033)

During historical period of assessment (2018 to 2022), the market grew by 4.9% value CAGR, owing to natural properties associated with oregano essential oil that helps to reduce pain and support body health. The Oregano Essential Oil incurred the revenue of US$ 6,325.6 ‘000 in 2018 and reached the value of US$ 8,174.4’000 by 2022.

Oregano essential oil is known for its high carvacrol content, due to which, it contains the high level of antioxidants, anti-inflammatory, and other health beneficial properties. In the past few years, producers in food and beverage industry have been incorporating natural preservatives for the preservation of processed food. Carvacrol and thymol are the two main components used in oregano essential that are responsible for characteristic odor and anti-oxidant properties of oil. The Oregano Essential Oil act as a beneficial preservative agent in the food industry.

In the forecast period, the oregano essential oil market is anticipated to register the value of US$ 15,223.2 ‘000 by end of 2033 and will grow at value CAGR of 6.4%, owing to growing preference for natural ingredients across the end use industries.

What are the Key Trends in the Market for Oregano Essential Oil?

“ Shifting Customer Preference for Gluten-free Products ”

Gluten-free products have gained traction among consumers having gluten-related condition such as, celiac disease or gluten-intolerance. Apart from gluten-free diet, there is no other pharmaceutical option for these consumers to boost their immune system and relieve the symptoms of this disease.

Essential oils play a major role in the dietary intake of these consumers as such oils are used to boost essential nutrition, cleanse the body, and boost the immune system. These oils are high in essential nutrients and proven to be beneficial for digestion-boosting.

For instance, Herb Pharm manufactures gluten-free Oregano Essential Oil for active immune system support.

“Rising Application of Oregano Essential Oil and Growing Consumer Awareness Regarding Health Beneficial Products”

There is an increase in demand for heath beneficial products, owing to the rise in awareness regarding health and wellness. The prevalence of diseases including fatigue, respiratory diseases, throat infections, depression, and others has moved customers toward healthy products.

Essential oils when combined with base oils offer a wide range of health benefits owing to their medicinal properties. These products act as a primary alternative for chemical infused medicines. Essential oils have proved to be an easy solution to heal stress, anxiety, headaches and migraines, sleep inflammatory conditions, and many other health related problems. Thus, consumer’s tectonic shift towards natural and healthy products as well ingredient is benefiting the market growth.

“Growing utility of Oregano Essential Oil in Cosmetics & Personal Care Industry”

Eastern culture has a huge influence in the beauty and fashion sector. Oregano essential oil is used in a wide range of cosmetic products due to its outstanding properties to fight ageing, which results in more clear and smooth skin. Owing to its anti-oxidant activity, oregano essential oils are gaining traction in the cosmetics market.

It proves to be an important ingredient in many cosmetic products including bath care products, lip balms, facial care products, body care, herbal oils, body balms, and many more, to get rid of fungal infections, prevent hair loss, prevent dandruff, scalp infections, prevent moles, acne, and anti-aging. Oregano Essential Oil proves to be a natural way to improve appearance. These factors influencing the cosmetics industry has led to increased demands for oregano essential oils.

For instance, Alps Goodness provides oregano essential oil with powerful healing compounds, which can be ideally used for skin radiance, anti-ageing, hair growth, baldness, and many more.

“Availability of Different Substitutes may Cause Hindrance”

Customers tend to opt for convenient and affordable substitutes that may affect the demand elasticity for oregano essential oils in the global market. The low prices of the substitute essential oils offering same customer needs are the major factor leading to the shift of customers.

The global essential oils market includes different essential oils extracted from different herbs, spices, flowers, and different parts of trees. The most commonly available substitutes for oregano essential oils are lemon, tea, myrrh, monarda, and more. The availability of multiple essential oil substitutes offering the same properties or benefits can prove to be a restraining factor for the oregano essential oils global market to reach its full potential.

Country-wise insights

Which region is dominating the global Oregano Essential Oil market?

North America is leading in the oregano essential oil market with the value pegged at US$ 2,701.0 ‘000 for 2023. The market in the North America is anticipated to grow at value CAGR of 5.1% over the forecast period. Furthermore, in the North America, the United States holds highest value share of above 80% for year 2023.

What is demand outlook for Oregano Essential Oil in France?

The Oregano Essential Oil value for France is predicted at US$ 348.7’000 for year 2023 and is expected to grow by 5.3% by end of 2033. Owing to the growing demand for natural ingredients and consumer favouring plant-based product in the Europe, the demand for oregano essential oil is expected increase in the forthcoming years.

Category-wise insights

What is demand outlook for Oregano Essential Oil in the food and beverage industry?

The burgeoning demand for healthy and nutritional products has led food & beverage manufactures to develop innovative products with natural as well as nutritious ingredients. Therefore, the consumption of oregano essential oil in food and beverage industry is growing at rapid rate of 6.5% for estimated period. The market demand value of oregano in food beverage industry is valued at US$ 3,414.6’000 for the 2023.

At what rate, demand for Oregano Essential Oil is growing in pharmaceutical industry?

In the traditional medicine, oregano has been utilized for respiratory conditions, gastrointestinal, anti-bacterial, anti-inflammatory, menstrual disorders, and more. Similarly, in the modern era, the pharmaceutical sector is leveraging the oregano essential oil properties by harnessing its formulation of medicines. The market value of oregano essential oil in pharmaceutical industry is valued at US$ 1,898.7 ’000 for 2023 and is projected to touch US$ 3,239.2 ’000 by end 2033.

Competitive Dashboard

The key players in the oregano essential oils market are making huge investments in research and development activities. They are taking efforts to increase the functionality of essential oils in various food products, cosmetics, pharmaceutical products, and animal nutritional products.

Moreover, with the utilization of advanced and state-of-the-art manufacturing techniques, companies focuses on offering the high quality standards for the oregano essential oil products. Manufacturers has also adapted the multi-level marketing techniques to reach out to the maximum number of customers.

The key players in oregano essential oil are also emphasizes towards strengthening the product portfolio and expanding the business footprint into more geographical territories.

• Doterra International, LLC focuses on discovering and developing essential oils and related natural wellness products by maintaining highest quality standards. The company engaged in research and development for formulation of new products by utilizing the Oregano Essential Oil.
• AOS Product Pvt. Ltd. manufactures essential oils that are used in food and cosmetics, which are suitable for humans as well as veterinary usage. The company follows Good Manufacturing Practices (GMP) standards in its manufacturing units. It supplies its products to more than 450 pharmaceutical companies in India and exports essential oils to 83 countries.
• Healing Solutions offers a wide range of essential oils including green tea, juniper berry, lavender, rosemary, clove, lemongrass, sweet marjoram, ginger, peppermint, oregano, and others that are beneficial for the health of its customers in a number of ways. For instance, Oregano Essential Oil helps reduce muscular problems and joint pains.
• Rocky Mountain Oils, LLC continuously works toward innovation and development of its essential oils as a part of strategic development of its product portfolio. The company recently launched a new line of essential oil products for personal care and homecare applications.
• Plant Guru provides a special range of essential oil-based super foods, which are beneficial for the well-being and health of its customers. The company offers raw cocoa butter, raw cocoa powder, and raw cacao nibs through its range of special foods to attract customers.

Oregano Essential Oil Industry Report Scope

Oregano Essential Oil Industry Research by Category

By Nature:

• Organic
• Conventional

By Content:

• Carvacrol 0% to 24%
• Carvacrol 25% to 50%
• Carvacrol 51% to 75%

By End Use:

• Food & Beverage
• Pharmaceuticals
• Cosmetics & Personal Care
• Retail/Household

By Distribution Channel:

• Business to Business
• Business to Consumer
  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retail

By Region:

• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa

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