AMA Research, a global market research and consulting organization, have released a new study titled "Sassafras Oil market - Global outlook to 2028". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Sassafras Oil market to grow at a CAGR of %.
The Sales Channel , such as Online {E-commerce Platforms, Company Website}, is boosting the Sassafras Oil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Colour, such as Pale Yellow, is boosting the Sassafras Oil market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Sassafras Oil market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Expenditure of Pharmaceuticals & Cosmetics Industry across the Globe and Augmented demand of Personal Care Products as per rising per Capita Income.
Sassafras contains an aromatic oil. It is obtained from stem distillation of the root bark. This distillation provides about 90% of safrole by weight. This oil is mainly used for skin related disorders. Also it is highly recommended for urinary tract disorders, swelling in the nose and throat, bronchitis, high blood pressure in older people. In addition, gout, arthritis, and cancer is also treated by using this oil. It is known as “blood purifier.” Hence, it is highly recommended in pharmaceutical industry. However, it is not permitted as a commercial flavouring. Geographically, Asia Pacific region is expected to grow with higher growth rate over forecast period followed by North America and Europe owing to increasing expenditure of pharmaceutical industry in emerging countries of the region.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Sassafras Oil market by Type (Pure and Distilled), by Application (Personal Care & Cosmetics, Pharmaceuticals and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market