According to the research document titled ‘Global Rosemary Oil Market Size study with COVID Impact, by Type (Rosemary Oil 100%, Rosemary Oil 99%, Other) by Application (Food, Medical, Cosmetics and Others) and Regional Forecasts 2020-2027’ available with Market Study Report, global rosemary oil market is predicted to attain significant growth over 2020-2027.
 

For the record, rosemary, commonly known as incense, is extracted from rosemary coronarium (rosemary officinalis), a part of the Labiatae plant family. The primary chemical components of the oils extracted by vapor distillation are limonene, 1,8-cineole, camphene, boranyl acetate, camphor, b-pinene, borneol, and a-pinene.
 

Factors such as rising popularity of aromatherapy along with increasing awareness pertaining to the various benefits of rosemary oils such as hair fall prevention along with augmenting the growth of the market.
 

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In fact, as per Statista, rosemary oil products are utilized more for aromatherapy and skincare as compared to medical activities. Moreover, value of global essential oils market is estimated to account for USD 27 billion by 2022.
 

Based on type, global rosemary oil market is split into rosemary oil 99% and rosemary oil 100%. Elaborating on the application spectrum, the market is bifurcated into cosmetics, medical, food, and others.
 

Regionally, the market is fragmented into Latin America, Europe, North America, Asia-Pacific, and rest of the world.
 

Among these, the report states that Middle East & Africa is anticipated to emerge as a lucrative opportunity for the remuneration of the global market by the year 2026. Large scale cultivation of rosemary oil in North Africa along with proliferating sales of essential oil in Morocco and Tunisia are bolstering the growth of the regional market.
 

The major companies operating in worldwide rosemary oil market include Reho Natural Ingredients, The Lebermuth Company, Paras Perfumers, Amrit Fragrances, Khyber Bio-Culture Pvt. Ltd., Xi 'an Fengzu Biological Technology Co., LTD., Sai Exports India, R. K. Essential Oils Company, and Katyani Exports among others.