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Calendula is also known as marigold, an annual flower belongs to Aster family. Aster is native to Asia Pacific and Europe. Calendula oil is extracted by infusion method, where plant flowers or leaves are infused in oil and oil is extracted. It has been used as medicine for centuries in Europe, for skin treatments, ear infections, hair treatments such as dandruff, hair growth and also in hair dye and it also helps in inflammation and sore throat. Due to versatile uses of calendula oil market demand from natural personal care and cosmetics products as well as from pharmaceutical products is higher.

Calendula flower oil is extracted from dried flowers and used for the preparation of calendula cream, calendula scalp oil, calendula tea etc. Calendula oil is also used as food additive in specialty butter and cheese, and soups etc. Thus has significant market demand from food industry

Calendula Oil Market Segmentation:

Calendula Oil market is segmented on the basis of its applications as pharmaceuticals, cosmetics, food, and beverages. Calendula oil enjoys a significant share in essential oils market owing to its wide usage in cosmetics and pharmaceutical products. Calendula oil has proven beneficial in various conditions such as soothes a sore throat, heals inflammation, improves digestive system, cures fever, and protects the liver by proper functioning, also used in conjunctivitis and irregular menstrual cycle. It can also improve the overall blood circulation in the body. Owing to these wide benefits market demand from pharmaceutical industry is high. Calendula oil is also been popular in aromatherapy since ancient times and also used in spa and massage. It is proven helpful in skin problems such as it can help treat acne, heals wounds and dry skin, cures fungal infections, thus market demand from herbal and natural cosmetics is growing. In the food industry, calendula oil is used as food additive in specialty butter, cheese etc. Owing to the various application in food, cosmetics and pharmaceutical industries global calendula oil market is expected to grow at a significant growth rate over the forecast period.

Calendula oil market is further segmented on the basis region as Latin America, North America, Europe, Asia-Pacific and the Middle East and Africa. A major share of production come from African countries. However, Europe and Asia-Pacific markets grab major consumption share of calendula oil in the global market.

Calendula Oil Market Drivers:

Increasing consumer demand for natural and organic cosmetics is a major factor driving market demand for calendula oil based skin care products. Changing lifestyle focused more towards relaxation and leisure in the developing region with a simultaneous increase in a number of spa and massage centers and aromatherapy is expected to drive the usage of calendula oil. Increasing demand for natural medicines is another factor expected to drive market demand for calendula oil in the pharmaceutical market segment. Calendula oil is used as baby massage oil and growth of baby care products market is a major factor expected to drive the growth of global calendula oil market. Various applications of calendula oil in the treatment of various health conditions is another factor fueling the growth of the global calendula oil market. Thus, rising application of calendula oil and growing consumer awareness regarding benefits of it is expected to spur market demand in the developing and developed regions. Increasing demand for calendula oil creates an opportunity for growers to cultivate more crops and gain advantages and creates employment opportunities.

Calendula Oil Market Key players:

Key market industry players, manufacture and suppliers of calendula oil include Nutra Green Biotechnology Co. Ltd., Marigold Herbs Egypt, Sydney Essential Oil Co., Lala Jagdish Prasad And Company, Weleda, Francis Herbs Farm, Melvita ,Inesscents Aromatic Botanicals, Mountain Rose Herbs, etc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Calendula Oil Market