Market Dynamics to Support Global Fir Essential Oil Industry to Reach USD 63 Mn by 2026

The global Fir Essential Oil market was valued at US$ 35 million in 2019 and is expected to reach US$ 63 million by the end of 2026, growing at a CAGR of 8.7% during 2021-2026.

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.

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

Global Fir Essential Oil Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Fir Essential Oil Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.

Key Companies profiled in this report are 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 Spi and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.

Find more details at: https://www.themarketreports.com/report/global-fir-essential-oil-market-research-report

Segment by Type

  • Douglas Fir Essential Oil
  • Siberian Fir Essential Oil
  • Silver Fir Essential Oil
  • Balsam Fir Essential Oil
  • Others

Segment by Application

  • Personal Care
  • Aromatherapy
  • Pharmaceuticals
  • Others

Table of Content:

1 Fir Essential Oil Market Overview

2 Fir Essential Oil Market Competition by Manufacturers

3 Fir Essential Oil Retrospective Market Scenario by Region

4 Global Fir Essential Oil Historic Market Analysis by Type

5 Global Fir Essential Oil Historic Market Analysis by Application

6 Key Companies Profiled

7 Fir Essential Oil Manufacturing Cost Analysis

8 Marketing Channel, Distributors and Customers

9 Fir Essential Oil Market Dynamics

10 Global Market Forecast

11 Research Finding and Conclusion

12 Methodology and Data Source

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