The Europe Tea Tree Oil Market would witness market growth of 5.25% CAGR during the forecast period (2019-2025). Increase in demand for natural cosmetic products that cause lesser side-effects and other benefits, in Europe, is expecting a boost in the growth of the market in this region. Tea tree oil has been used in traditional medicine in the belief it treats acne, nail fungus, or athlete's foot, with little evidence to support these uses. Tea tree oil brings a higher rate of demand from the cosmetic industry due to its large-scale application in the production of shampoos, conditioners, skin clearing lotion, mouthwash, body lotions, shower gels, cleansing soap, deodorants, hand wash sanitizers, and face creams. The tea tree oil is expected to gain higher traction from the pharmaceutical industry due to its anti-inflammatory, antifungal, and antiviral properties. Moreover, in the recent past, there has been a rise in preference for natural products among the consumers specifically when it comes to cosmetic and skin care products.
Based on Grade, the market is segmented into Pharma & Cosmetic Grade and Therapeutic Grade. Based on Application, the market is segmented into Cosmetics and Toiletries, Therapeutic and Industrial. Based on End User, the market is segmented into FMCG Sector, Cosmetic Sector, Pharmaceutical Sector and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report The Royal Barenbrug Group, BrettYoung Seeds Limited, Allied Seed, LLC, The Lebermuth Co., Inc., AOS Products Private Limited, Shandong Fuyang Biotech Co. ltd., Integria Healthcare (Australia) Pty Ltd., Young Living Essential Oils LC, Ungerer & Company, Inc., and NOW Foods, Inc.
Market Segmentation:
By Grade
By Application
By End User
By Country
Companies Profiled
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