Global Sandalwood Essential Oil market cagr 7.2%

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Sandalwood Essential Oil Market

Sandalwood Essential Oil Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Sandalwood Essential Oil Market Size and Growth

The Sandalwood Essential Oil market is experiencing significant growth due to rising demand in aromatherapy and cosmetics. Current market size is estimated at approximately $100 million, with projections indicating a compound annual growth rate (CAGR) of 5-7% over the next five years, driven by increasing consumer awareness and natural product trends.

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Companies Covered (Covid 19 Impact Covered)

◍ Quintis (TFS )(Australia)

◍ Santanol (Australia)

◍ RK-Essential Oils (India)

◍ Meena Perfumery (India)

◍ Naresh International (India)

◍ Essentially Australia (Australia)

◍ Katyani Exports (India)

◍ KS&DL (Karnataka Soaps & Detergents) (India)

◍ Sandalwood Forest (Qingyuan) (China)

◍ Jiangxi Jishui Natural Essential oil Factory (China)

◍ Jinagxi Xuesong (China)

The sandalwood essential oil market features companies like Quintis, Santanol, RK-Essential Oils, and others fostering growth through sustainable sourcing and product innovation. They focus on diverse applications in aromatherapy and cosmetics, enhancing market reach. Sales revenues vary, with Quintis reporting around $40 million, while Santanol achieves approximately $30 million annually. Request Sample Report

Market Segmentation

By Application

◍ Cosmetics(Perfumes)

◍ Pharmaceuticals

◍ Aromatherapy

◍ Others

By Product

◍ Indian Sandalwood Oil

◍ Australian Sandalwood Oil

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Market Growth

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$ X Billion USD

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Global Sandalwood Essential Oil market cagr 7.2% by ReportPrime - Issuu