According to a new report published by MarkWide Research, titled, “Celery Oil Market,” the global market for celery oil is anticipated to witness steady growth in the coming years. With a projected compound annual growth rate (CAGR) of 4.2% from 2023 to 2030, the market is poised for expansion, driven by the increasing use of celery oil in the food and beverage industry, aromatherapy, and natural medicine.
Food and Beverage Industry
One of the primary drivers of the celery oil market is its use as a flavoring and aromatic ingredient in the food and beverage industry. Celery oil adds a unique and savory flavor to various dishes and is commonly used in soups, sauces, and seasonings.
Health and Wellness Trends
The global focus on health and wellness is driving the demand for natural and plant-based ingredients like celery oil, which is perceived as a healthier alternative to artificial additives.
Aromatherapy and Essential Oils
Celery oil is used in aromatherapy and as an essential oil due to its calming and soothing properties. It is often included in aromatherapy blends and massage oils.
Traditional and Natural Medicine
In traditional and natural medicine systems, celery oil is believed to have potential health benefits, including anti-inflammatory and digestive properties.
- North America: The North American celery oil market is expected to witness steady growth, driven by its use in culinary applications and the popularity of natural remedies and aromatherapy.
- Europe: Europe is another significant market, with countries like France and Italy incorporating celery oil into their culinary traditions. The European market benefits from the growing preference for natural flavors.
- Asia-Pacific: The Asia-Pacific region is projected to experience the highest growth rate, fueled by the use of celery oil in traditional medicine practices and the increasing demand for natural and organic ingredients.
- Latin America and Middle East & Africa: These regions are also emerging as potential markets due to the traditional use of celery oil and the expansion of the natural and herbal medicine industry.
The celery oil market is characterized by competition among key players striving to provide high-quality and pure celery oil products. Some of the prominent companies in the market include:
- Albert Vieille SAS
- Aromaaz International
- PipingRock Health Products, LLC
- Fleurchem, Inc.
- De Monchy Aromatics B.V.
- IL Health & Beauty Natural Oils Co., Inc.
- Shanghai Purem Biological Technology Co., Ltd.
These companies are actively engaged in the cultivation of celery, extraction of celery oil, and the development of celery oil-based products for various industries.