Geranium Oil Market | Recent Trends & Developments

Geranium Oil Market Overview

Global Geranium Oil Market Size Was Valued At USD 78.26 Million In 2023 And Is Projected To Reach USD 133.24 Million By 2032, Growing At A CAGR Of 6.09% From 2024 To 2032.

• Geranium oil referred to as 'Rose Geranium Oil' is one of the most important and most commonly used ingredients in perfumery. Geranium oil is blended from the leaves, flowers, and stems of the geranium plant, which is soft, non-toxic, and non-sensitizing. The properties such as antiseptic, wound-healing, and anti-depressant are producing demand for geranium oil globally. China is the world's highest producer with the concentration of production in the Yunnan Provence. It is easy to grow in this region with some farms enabling to harvest 4 times a year if conditions are beneficial. It is projected production levels are around 80-110 MT per annum with 20-30 MT consumed internally, the balance exported. For instance, France and the USA are cited as the world's largest importers; nevertheless, it is assumed that France is the biggest consumer (for fine fragrance).
• Moreover, geranium oil is extensively utilized as an important floral component in fragrances, cosmetics, and household items where fragrance is required. It is a major component in the soap industry and is also applied in pharmacy, herbal medicine, and aromatherapy. Many clinical, scientific publications document its antiseptic properties and beneficial effect on human health and psychological condition. Essential oils are in high demand right now in the marketplace. Clients tend to utilize them regularly for their necessities. Hence, the demand is growing by the day. This produced a chance for entrepreneurs to start their businesses selling things in great need in the marketplace.

Market Dynamics and Factors for the Geranium Oil Market:

Drivers:

• Aromatherapy is a voluntary medication treatment utilized to treat various conditions. Individuals with skin break-out issues frequently use essential oils. Burn scars can likewise be pleased with aromatherapy items. Furthermore, injuries caused by burns might be treated with aromatherapy. Aromatherapy is utilized as an option in contrast to pharmaceutical medications owing to its different advantages and low side effects. In addition, numerous ecological impacts associated with pharmaceuticals are increasing the application of naturally produced essential oils. The customer inclination toward preventive social insurance, alongside the improved lifestyles, are pivotal factors turning the global geranium oil market. Moreover, the rising instances of depression and anxiety among the populace are adding to the interest in essential oils for their application in aromatherapy purposes. Broad research is being done to study the significances of essential oils thus accelerating the global geranium oil market.
• Furthermore, consciousness towards health & wellness has surged the demand for natural ingredients in food products as 80% of people in developing economies rely on medicinal plants for primary health care needs, which is expected to boost the geranium oil market globally. The introduction of new innovative products such as Rocky Mountain Oils introduced the latest product line of essential oils for children, which is anticipated to improve the market well for potential vendors of the global market. Therefore, nourish demand for luxury cosmetics, aromatherapy products, and essential oils, are anticipated to improve the global geranium oil market over the forecast period.

Restraints:

• Geranium oils cause side effects that lead to negative effects on the growth of the market. Rose geranium oil is probably safe when taken by mouth in food amounts. The safety of rose geranium oil, when taken by mouth in larger amounts, is not known. Rose geranium oil is possibly safe when used to the skin or inside the nose. Some people can develop a rash or burning sensation when it is applied to the skin. Rose geranium oil can also cause eye irritation if applied to the face. When applied inside the nose, rose geranium oil can cause a bad taste. Additionally, rose geranium oil is probably safe for pregnant and breastfeeding women when taken by mouth in food amounts. The safety of rose geranium oil when taken by mouth in larger amounts is not known; stick to food amounts. Furthermore, strict government regulations for the utilization of geranium by a human is anticipated to restrain the growth of the geranium oil market during the forecast period.

Opportunities:

• Industry sources determined that supplies cannot keep up with the rising demand for rose geranium oil, providing lucrative opportunities for new producers. In particular, providers from Réunion Island have been falling. This is the main supplier of Bourbon rose geranium oil, high-quality rose geranium oil. For instance, European demand for rose geranium oil, especially the Bourbon variety, is cultivating. This is the result of an increasing market for natural fragrance ingredients and a renewed interest in aromatherapy. This generates the market for new producers.
• Furthermore, both natural and conventional cosmetic brands are fascinating for rose geranium oil. This oil is already utilized in an extensive range of products. If you can make sure of stable quantities and qualities, big cosmetic brands provide good opportunities. If you produce a low volume, a high-value specialty essential oil, natural cosmetic brands can be a good choice.

Market Segmentation

• Based on the type, rose geranium oil is expected to dominate the geranium oil market during the forecast period. Rose geranium oil is mostly opted for by the consumers owing to its antimicrobial, antibacterial, and anti-aging properties. It is blended from the rose-scented geranium, which is native to South Africa. The qualities such as astringent, deodorant, hemostatic, and anti-depressant are generating demand for rose geranium oil. This oil supports the treatment of restlessness, irritability, and stress and is also utilized as a flavoring agent in many food categories, alcoholic beverages, and soft drinks.
• Based on the application, the massages segment is expected to record the maximum geranium oil market during the forecast period. Geranium oil is mainly used in massages. It has a focusing and relaxing effect on the senses and enhances the condition of the skin. The geranium essential oil has a calming effect and the ability to overcome anxiety and stress. Hence, it is utilized in holistic treatments to enhance physical, mental, and emotional health. The geranium essential oil should be obtained with lavender or coconut oil for the most excellent benefits.
• Based on the distribution channel, the online retail segment is projected to dominate the geranium oil market during the forecast period. Due to the ease of accessibility of a wide selection of products and applications given by all brands at reasonable discounts. Moreover, the rising number of smartphone and internet users is the primary driver of sector growth. These businesses offer cashback and home delivery services, which contribute to the market's growth. Customers frequently purchase products for various applications from online websites to save time owing to the growing hectic lifestyle of the consumers.

Regional Analysis for the Geranium Oil Market:

• North America is anticipated to dominate the geranium oil market during the forecast period, on account of the popularity or trend of aromatherapy in nations such as the U.S. and Canada. The USA is cited as the world's highest importer which dominates the region throughout the forecast period.
• The Asia Pacific is anticipated to hold healthy growth on account of high demand from China, Japan, and India. Growing global population, rapid urbanization, a rising pharmaceutical sector, and an increasing geriatric population are some of the factors that are affecting consumers towards a healthy lifestyle.
• In Europe, as per the industry sources, demand for rose geranium oil is rising and currently gaining on the supply growth. Global market demand for the various geranium oils is projected at 400 tons per year. Of that, the market for rose geranium oil is around 100 tones. The market for organic rose geranium oil has also raised in recent years, now accounting for 10–12% of the total market. The requirement for fair-trade certified rose geranium oil is limited.
• The Middle East and Africa will register slower growth of the geranium market in the years to come.

Players Covered in Geranium Oil market are :

• Plant Guru
• Now Foods
• Mystic Moments
• Albert Vieille
• Berje
• Elixens
• Ernesto Ventos
• Fleurchem
• H.Interdonati
• Sun Organic
• INDUKERN INTERNACIONAL
• Body Wonders
• Penta Manufacturing Company
• Robertet Group
• Eden Botanicals
• Ultra international
• Treatt Plc
• Fabulous Frannie
• Aura Cacia
• PerfumersWorld
• Ungerer and Company
• DoTerra
• Young Living
• Mountain Rose Herbs
• Majestic Pure
• Wyndmere
• Base Formula
• Melaleuca Inc
• Gritman and other major players.

Key Industry Developments in the Geranium Oil Market:

• In March 2024, Augustinus Bader introduced The Geranium Rose Body Oil, a result-driven product infused with a sweet floral scent. This nourishing vegan oil is instantly absorbed without clogging pores or leaving an oily residue. It is powered by Professor Bader's TFC8® technology, creating an optimal environment for cellular renewal, protecting the skin, and supporting its renewal process.
• In March 2023, Robertet Group acquired Aroma Esencial, a company in Girona, Spain, specializing in processing natural products like vetiver, patchouli, cedar, and ylang-ylang. The acquisition aims to strengthen the company's position as a world leader in natural aromatic ingredients and offer a unique offering to customers.