What is Carrot Seed Oil?
Carrot seed oil is an essential oil that is extracted from seeds of the carrot plant Daucus carota by using methods like steam distilled or cold-pressed extractions. The oil is woody, earthy, and has a yellow to pale orange-brown in color and sweet smell. It is widely used in the manufacturing of cosmetics or skincare products due to its anti-aging properties. Further, the carrot seed oil extracted from wild carrots is utilized to treat kidney problems, worm infestations, diarrhea, indigestion, and many more health problems. The growing popularity of Korean beauty products will create significant opportunities for carrot seed oil as it is used as an essential ingredient in the production of their beauty products.
The market study is broken down by Type (Pressed Carrot Seed Oil and Distilled Carrot Seed Oil), by Application (Cosmetics & Personal Care, Therapeutic, Perfumery and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Carrot Seed Oil market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
India Essential Oils (India), Mountain Rose Herbs (United States), SVA Organic (India), Now Foods (United States), Albert Vieille (France), Ultra International B.V. (Netherlands), PerfumersWorld (Thailand), Floral Essential Oils (India), Rakesh Sandal Industries (India), Berje Inc. (United States), Otto Chemie Pvt Ltd (India), John Aromas (India), Robertet Group (France), Cathy's Attars (United States), Piping Rock (United States), Kamakhya Impex (India), HealthAid (United Kingdom) and Leven Rose (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Carrot Seed Oil market by Type, Application and Region.
On the basis of geography, the market of Carrot Seed Oil has been segmented into 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, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channels, the sub-segment i.e. Online will boost the Carrot Seed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Bottle will boost the Carrot Seed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Purity, the sub-segment i.e. 99% will boost the Carrot Seed Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Growing Popularity of Organic Unrefined Cold Pressed Carrot Seed Oil Among Consumers
- Increased Focus on the Research by the Manufacturers for the Expansion of Carrot Seed Oil Applications
Market Drivers
- Growing Demand for Pressed Carrot Seed Oil for Application in Cosmetics Due to Its Anti-aging Properties
- Surging Demand for Natural or Organic Essential Oils for the Medicinal Use and Aromatherapy
- Increasing Use of Carrot Seed Oil in the Manufacturing of Hair Care Products
Opportunities
- High Growth of Wild Carrot Plant Seed Oil to Make Medicines
- Increased Adoption of Carrot Seed Oil by the Various K-Beauty Brands to Produce Skincare Products
Restraints
- Allergic Reactions like Skin Rash in Some People and Risk of Sunburn
Challenges
- Easy Availability of Other Natural Essential Oils like Lavender Essential Oil and Tea Tree Oil for Medicinal Applications
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Carrot Seed Oil Manufacturers, Carrot Seed Oil Suppliers and Distributors, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as India Essential Oils (India), Mountain Rose Herbs (United States), SVA Organic (India), Now Foods (United States), Albert Vieille (France), Ultra International B.V. (Netherlands), PerfumersWorld (Thailand), Floral Essential Oils (India), Rakesh Sandal Industries (India), Berje Inc. (United States), Otto Chemie Pvt Ltd (India), John Aromas (India), Robertet Group (France), Cathy's Attars (United States), Piping Rock (United States), Kamakhya Impex (India), HealthAid (United Kingdom) and Leven Rose (United States) etc.
2. Can we have customized study for Carrot Seed Oil Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Carrot Seed Oil Market by 2027?
Analysts at AMA estimates Carrot Seed Oil Market to reach USD Million by 2027.