The new report by Expert Market Research titled, ‘Global Coriander Oil Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global coriander oil market, assessing the market based on its applications like food and beverage, medical and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 10%
Coriander oil provides a variety of positive characteristics, which increases end-user acceptance. Coriander oil is high in antioxidants, which assist to prevent free radical damage and reduce the ageing of the skin caused by pollution, age, and pressure.
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Coriander Oil Industry Definition Major Segments
The coriander oil market can be divided based on application into:
• Food and Beverage
• Medical
• Others
The EMR report looks into the regional coriander oil markets like:
• North America
• Latin America
• Europe
• the Middle East and Africa
• the Asia Pacific
Coriander Oil Market Trends
Organic and non-GMO coriander oil is in high demand in the coriander oil market. Pesticides, synthetic fertilisers, sewage sludge, ionising radiation, and genetically modified organisms are not used in the production of organic coriander seeds. To obtain organic coriander oil, such seeds are physically crushed cold without the use of chemical solvents, then distilled and bleached to enhance flavour. Organic coriander oil’s benefits would increase product awareness and, as a result, promote the coriander oil market’s expansion over the projection period. The antibacterial and antifungal qualities of coriander oil assist to prevent acne and blackheads, as well as treat skin issues like flaky skin, sunburns, and chapped lips. Furthermore, the anti-inflammatory effects of coriander oil increase blood circulation and relieve tendinitis, inflammation, muscle rigidity, and muscle fatigue discomfort. End-user demand for coriander oil would be fueled by these health benefits, propelling the coriander oil market forward.
Key Market Players
The major players in the market are DeRoyal Industries Inc., Berjé Inc., D-Terra Solutions, Ernesto Ventós SA, Givaudan International SA (SWX: GIVN) and Ultra-International BV. 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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