Global Melissa Essential Oil Market was valued US$ XX Mn in 2019 and is expected to grow US$ 476.85 Mn by 2027, at a CAGR of 4.9% during the forecast period.
Global Melissa Essential Oil Market
The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Melissa Oil is better known as the lemon balm is a plant native to Southern and Eastern Europe with many plantations now established in Bulgaria. Lemon balm produces an essential oil by steam distillation that is one of the more costly on the market, due to its high production costs and low yields.
Increasing demand for personal care & cosmetics products in both developed and developing regions is the key factor for the growth of the melissa essential oil market. The additional benefit of the usage of melissa essential oil as a nutraceutical ingredient is expected to support the growth of the melissa essential oil market in the future. Aromatherapy physicians mostly use melissa essential oil as an anti-stress and sleep inducer, which is expected to gain a large amount of traction in the urban population.
Melissa essential oil can be beneficial for acne and oily skin. Because the essential oil poses a high risk of skin sensitization, but, Melissa Hydrosol can be a much safer and more reasonable substitute.
By the application, the personal care & cosmetics segment is held the largest market share of the market in 2018. Because of hydrosol its essential oil and the strongly scented leaves are also used in perfumes & natural cosmetics. Bacteria do not live well in the acidic atmosphere which is why acids, like vinegar, make good additives for such food items as pickles Chile peppers, and Olives.
From the past Ayurveda healing science, melissa essential oil is considered one of the most effective essential oils in all of the oils used in Complementary and Alternative medicine systems. Melissa herb and its essential oil has been used in Ayurveda for the treatment of several illnesses related to several tissues of the body, such as blood, spleen, nerve, and lymphatic muscle.
North America is expected to hold the largest market share in the global melissa essential oil market by 2027, thanks to its developed aromatherapy market and more demand for cosmetic and personal care products having natural ingredients. The North America region is also expected to witness a rise in demand for melissa essential oil from the nutraceutical industry which has a strong existence all over the region. Also, Europe is the second-largest market for the melissa essential oil. Increasing penetration of toiletry and household products in countries, like India, China, the Middle East, Africa, Southeast Asia, etc., is fast-growing the base for essential oil-based products including melissa essential oil.
The upsurge of unique essential oil-related products in the past is focused by key market players in the essential oil market to include melissa essential oil in their offerings. The existence of essential oils in numerous nutraceutical and cosmetics products is expected to drive producers to include melissa essential oil in their end products as a key anti-stress ingredient.
The objective of the report is to present a comprehensive analysis of the Global Melissa Essential Oil Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Melissa Essential Oil Market dynamics, structure by analyzing the market segments and project the Global Melissa Essential Oil Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Melissa Essential Oil Market make the report investor’s guide.
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Scope of the Global Melissa Essential Oil Market
Global Melissa Essential Oil Market, By Nature
• Organic
• Conventional
Global Melissa Essential Oil Market, By Application
• Personal Care & Cosmetics
• Toiletries & Household Products
• Nutraceuticals
• Others
Global Melissa Essential Oil Market, By Sales Channel
• Store-Based Retailing
• Hypermarket/Supermarket
• Specialty Stores
• Drug Stores
• Convenience Stores
• Online Stores
Global Melissa Essential Oil Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Melissa Essential Oil Market
• Young Living Essential Oil
• doTERRA International
• Gurunanda
• Mountain Rose Herbs
• Pranarom, LLC
• Floracopeia Inc.
• Edens Garden
• Frontier Co-op
• Miracle Botanicals
• Taos Herb Company
• Thracian Oils
• Meena Perfumery
• Visa genics
• Essential Natural Oils
• ET-Chem
• India Essential Oils
• Ultra International B.V.
• Amphora Aromatics
• Galen-N
• JANVI HERBS
• BO INTERNATIONAL
• Alta Oils
• Rakesh Sandal Industries
• Kshrey
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