The ‘Global Cassia Essential Oil Market Size, Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global cassia essential oil market, assessing the market on the basis of its segments like nature, area of plant, distribution channel, application, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Cassia Essential Oil Market Share, Size, Trends, Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 8%
The increase in awareness regarding cassia essential oil and its ability to boost the mood and aid in providing mental peace, is a major driving factor for the global cassia essential oil market. Due to the hectic everyday lifestyles, a large demographic constantly suffers from the effects of depression. The soothing aroma of cassia essential oil is said to help overcome personal and occupational pressure. It is also a great stimulating agent for increasing energy levels and combating the symptoms of drowsiness, thus helping users stay active and alert during the day.
Cassia oil also finds usage in the treatment of coughs by shrinking the mucous membrane and reliving congestion in the chest that can cause discomfort and pain if not treated. An ideal health benefit of cassia essential oil, that is aiding the cassia essential oil market growth, is its usage to boost the immune system and avoid seasonal colds. Users can diffuse the oil following the recipe and avoid viral infections using cost effective means. The oil can be used for massage, aromatherapy or during meditation to provide a soothing feeling and ease the mind and body. Its pleasant smell also provides relief from the sensation of nausea and has various practical applications in households.
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The cassia essential oil market is also heavily driven by the cosmetics industry as cassia essential oil can be used in combination with any carrier oil. The diluted oil can be used on the skin and due to its astringent properties it tightens skin cells on the face giving it a glowing, younger looking appearance. Cassia essential oil also finds usage in haircare as well in combination with any carrier oil. It can be used biweekly to promote healthy hair growth by increasing the density and shine and providing a pleasant fragrance to the hair. These cosmetic benefits are directly supporting the growth of the global cassia essential oil market.
Seasonal candles and soaps also utilise cassia essential oil to provide a change of scent for holiday seasons or special festive occasions. It can be purchased from stores or self-made at home following straightforward recipes. As homemade product, 2-4 drops of essential oil can be added to warm bathwater to soothe the body and mind. This oil also makes a perfect substitute for cinnamon essential oil due to affordable pricing, making it a preferrable option for the buyers on a budget and contributing to the growth of the global cassia essential oil market.
Cassia Essential Oil Industry Definition and Major Segments
Cassia essential oil is derived from the bark, leaves and twigs of the cassia plant, commonly known as Chinese cinnamon and its scientific name is Cinnamomum Cassia, using the steam distillation process. It has a rich spicy scent that blends with other oils, and it can also be used in air diffusers for aromatherapy or sprayed on a tissue for personal fragrance.
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On the basis of nature, the market is bifurcated into:
- Organic
- Conventional
Based on area of plant, the market is segmented into:
- Leaves
- Bark
- Twig
- Others
On the basis of distribution channel, the market is categorised into:
- On Trade
- Off Trade
Based on application, the market is classified into:
- Food and Beverages
- Pharmaceuticals
- Cosmetics and Personal Care
- Others
On the basis of region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Cassia Essential Oil Market Trends
A key trend propelling the growth of the global cassia essential oil market is its increasing usage in retail industry for aromatherapy, cosmetics, and perfumes. Rising consumer awareness of the several health benefits related to the use of cassia essential oil is directly influencing the global market. In pharmaceuticals, cassia essential oil effectively deals with digestive issues by binding the bowels and preventing excess nutrient loss from the body due to diarrhoea. Its bacteria and fungi killing properties aids in solving the root of the digestive problems, leaving a warming sensation that soothes the gut. Studies have also found that cassia essential oils is effective as a natural mosquito repellent, providing protection against yellow fever mosquitos.
Another crucial trend in the cassia essential oil market is its usage in personal care. Increasing research on this oil has found that it provides relief from menstrual cramps as it opens obstructed pathways and provides relief from headache, fatigue, muscle aches, and bloating. Its analgesic properties aid in keeping menstrual cycles regular and provide long term relief from menstrual symptoms that can hinder everyday life. This property is also beneficial in dealing with occasional body aches and tiredness by oral medications or aromatherapy. Cassia essential oil also acts as an anti-depressant and improves mental peace through its warm and gentle aroma.
In the Asia Pacific, countries with growing economies like China and India have many end use industries that are positively impacting the cassia essential oil market. It is used as a flavouring agent in foods and beverages, ingredient in detergents, soaps, and cosmetics, manufacturing of oral care products like toothpaste and mouthwash, and topical as well as oral medicinal products like ointments and creams. In China, it is considered one of the 50 fundamental herbs in Chinese medicine and used in homemade remedies by locals.
Consumers are increasingly becoming concerned about the harmful side effects of synthetic products and leaning towards natural products which is fuelling the expansion of the cassia essential oil market. Accordingly, key players are expanding their production capacities to meet the demand requirement of the market, and cater to multiple sectors. The focus of market players on acquiring advanced technology and securing sufficient raw materials to maintain a steady supply to meet increasing consumer demands will continue to rise in the future. Increasing investments are also aimed towards providing solutions for effective and long-term manufacturing capacities for cassia essential oil.
Key Market Players
The major players in the global cassia essential oil market report are:
- Augustus Oils Ltd.
- NOW Health Group, Inc.
- doTERRA International, LLC
- Young Living Essential Oils
- Inovia International
- AG Industries
- Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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