Laurel Oil Market Size, Share, Growth, and Industry Analysis, By Type (Organic Laurel Oil, Conventional Laurel Oil), By Application (Pharmaceuticals, Personal Care and Cosmetics, Food Industry, Others) and Regional Forecast to 2032

LAUREL OIL MARKET OVERVIEW

The global laurel oil market size was USD 56 million in 2023 and is projected to touch USD 79.88 million by the end of 2032, exhibiting a CAGR of 3.9 % during the forecast period.

A growing demand has been observed in the laurel oil market reason being the availability of its use especially in outlets such as cosmetic industries, pharmaceutical industries, aromatherapy and others. Using leaves and fruits of Laurus nobilis, laurel oil exhibit characteristics such as an anti-inflammatory effect, antimicrobial effect, and an antioxidant property. It is pretty popular in care products, particularly in skincare and hair care because of its positive properties such as calming and healing effect on the skin and hair. Secondly, its use for expectorate matters in respiratory conditions and the management of muscle pain also increases its use in natural medicine. Factors that directs the growth of the market are increasing consumer consciousness about natural or organic products, scalability of the alternatives forcing manufacturers to use sustainable resources. Middle East Mediterranean regions and some parts of Europe continue to dominate the production of laurel oil given rising world consumption has boosted market growth.

GLOBAL CRISES IMPACTING LAUREL OIL MARKETCOVID-19 IMPACT

Laurel Oil Market Had a Negative Effect Due to Supply Chain Disruption During COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

COVID-19 was a factor that influenced the laurel oil market share. and its negative effects are elaborated by the disrupted supply chains and less production capacities. The certification programmed was also affected by restrictions in production areas like the Mediterranean and Middle East leading to shortages in labor, which resulted into delays in harvesting and processing of laurel leaves. However, a change in customer behavior indicating reduced purchasing of finer items such as beauty and personal care products, including laurel oil for cosmetics and wellness markets. The scale of this change was decided by the pandemic: essential medical supplies became people’s focus, thus, natural oil markets did not grow as fast as before. Yet, when economies grow, and the call for natural and healthful products reappears, the laurel oil market is projected to revive.

LATEST TREND

"Growing Popularity of Organic Aromatherapy Products Drives Demand in the Laurel Oil Market Drives Market Growth"

One of the emerging trends for the laurel oil market is the demand for organic aromatherapy products anchored on the growing consumer concern with natural remedies. Laurel oil is being introduced to the aromatherapy market because of its therapeutic effects including stress busting, muscle relaxation and respiratory system. Customer: Nowadays the demand for natural plant originated anti-aging essential oils for natural healing and without any chemicals. The changing trend from synthetic products to natural products especially in the production of cosmetics and body products has made producers direct their efforts on organic sourced laurel oil, thus boosting the demand for the product. This trend is expected to define future market development, particularly within the countries, putting emphasis on environment and health-promoting products.

LAUREL OIL MARKET SEGMENTATION

BY TYPE

Based on type, the global market can be categorized into Organic Laurel Oil, Conventional Laurel Oil

•  organic laurel oil: oleoresin obtained from fresh laurel leaves grown without chemical pesticides or synthetic chemical fertilizers, preferred by green consumers and environmentally friendly products.
• conventional laurel oil: It is usually obtained from conventional farm methods and is more readily available than organic lecithin, but may be tinged with chemical or synthetic fertilizers.

BY APPLICATION

Based on application, the global market can be categorized into Pharmaceuticals, Personal Care and Cosmetics, Food Industry, Others

• pharmaceuticals: Laurel oil has medical use for instance in medicine due to the fact that it enjoys anti-inflammatory, antimicrobial and analgesic healing abilities, most especially in skin illnesses, muscular ache and breathing complications.
• Personal care and cosmetics: Common in lotions, shampoos, and fragrant products to ease tension, control germs, and call dermatological and trophological health.
• food industry: Applied as a natural food flavoring compound as a key ingredient for Mediterranean recipes, giving a unique fragrance and taste to soups, sauces, and marinades.
• others: Laurel oil is also used in the cleaning products and perfumery industries and also in some folk medicines since it contains antibiotic and fragrant characteristics.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions. 

DRIVING FACTORS

"Growing Consumer Preference for Natural and Organic Products Boost the Market"

Evolving concerns of health and environment make the consumers buy natural and organic products for personal care and wellness. laurel oil market growth, which possesses antimicrobial, anti-inflammatory and softening effects, which is gradually becoming popular in cosmetics, skin care, and aromatherapy. This need for chemistry free and environment-friendly products or the clean beauty and natural health movements are the primary reason people are purchasing laurel oil. It is suggested that prominent manufacturers are opting for organic concepts in sourcing and extended green manufacturing processes; all of these have equally contributed to the growth of the market as more and more customers turn to nature-based healthful solutions to explore market products.

"Expansion in the Pharmaceutical and Therapeutic Industries Expand the Market"

Laurel oil is also being used pharmaceutical and therapeutic sectors for its medicinal uses that includes anti inflammation and antimicrobial properties. This is a useful ingredient in the formulation of cosmetic products, as well as in over the counter-dendritic, and other types of natural remedies that deal with skin conditions, respiratory disorders, and muscle pain. With people looking for natural solutions to many ailments, there is growing use of laurel oil especially in the treatment of ailments. This process is accelerated by the tendency toward vitality, plant-based, and organic health care systems, which create great demand for related services.

RESTRAINING FACTOR

"Limited Availability of Raw Materials Potentially Impede Market Growth"

The major threat that affects the laurel oil market is that it is not easy to come by this raw material. Laurel trees naturally grow in certain Mediterranean areas and the production depends on different aspects including climate changes, output quotas and labor availability. Also, the long duration taken in the process of harvesting and in extracting the oil in turn reduce the process of large-scale production to meet the ever growing demand in the market. Due to this, there are limited quantities of laurel oil hence the higher cost of pricing for laurel oil making it hard to penetrate mass consumer products in food and personal care industries where cost is a key constraint in market growth.

OPPORTUNITY

"Expanding Applications in the Wellness and Aromatherapy Sector Create Opportunity for The Product in The Market"

In terms of the market development, one the new trends that appear in the laurel oil market is the further strengthening of its position in the development of products for the wellness and aromatherapy industries. Benign tree, particularly laurel oil is emerging as the panacea for stress, microbial, and inflammation ailments occasioned by heightened consumers’ concern over natural holistic health solutions. The need for plant based oil in aromatherapeutic applications is increasing, especially in change search from synthetic chemical drugs for emotional or physical rehabilitation. This trend offers prospects for the development of new products: essential oils, therapeutic products, and wellness treatments since the number of consumers is steadily increasing.

CHALLENGE

"Ensuring Sustainable and Ethical Sourcing Practices Could Be a Potential Challenge for Consumers"

The problem which can be distinguished in the laurel oil market is the question of the sustainable and ethical production of the oil. Therefore, competitors acting in parallel exert pressure on suppliers to satisfy the increasing demand on laurel leaves and at the same time follow the regulation of more sustainable environment. Excessive taking and unsustainable practices, horticulture might negatively impact on the biological diversity as well as the topo Sequa in vital production areas. Moreover, ethical issues of labor are essential since production is intensive in the use of labour in rural settings. Another consideration, which will remain a major problem for the sustainability and future development of the market, is the problem of ensuring sustainability while maintaining affordable production costs.

LAUREL OIL MARKET REGIONAL INSIGHTS

• NORTH AMERICA

North America especially United States laurel oil market is supported by the growing trend in the use of natural and organic products mainly in the Production of personal care, cosmetics, fragrances and wellness products. Residents in the region are increasingly turning to produce and clean-label products over those that contain chemicals they think are hazardous to their health. Skincare and aromatherapy industries consider laurel oil because of its abilities to eliminate inflammation and fight microbial infections. The increasing concerns for the wellness of people along with the emergence of the subject of essential oils as an important component of people’s lives is also expanding the demand for organic products. Also the tendency towards the usage of the organic and non-traditional treatments plays a role in the demand for laurel oil in therapeutic practices

• EUROPE

Due to the primary production of Laurus nobilis in the Mediterranean countries, Europe has considerably higher laurel oil production status. European consumers are opting for ecological and biologic beauty products and laurel oil being popular and applicable in cosmetic, perfumery, Para pharmacy and pharmaceutic industries. The region meanwhile has particularly emphasized on environmental conscious and ethical production and this makes the market more robust. Moreover, the European people’s focus on natural health products and alternative medicine has seen demand for the laurel oil as it serves as one of the most prominent natural cure across the European region.

• ASIA

There is a rising awareness across the consumers in the Asiatic countries toward these natural health care products and an increased boomer with increased incomes empowering the market. One of the most common natural ingredients used by the growing personal care and cosmetic businesses in the region is laurel oil, because it has anti-microbial and skin smothering properties. Aromatherapy is slowly being adopted in countries such as India, China and Japan due to realization that essential oils offer a complete body solution. Besides, the region is witnessing a value added pharmaceutical industries especially those dealing with natural remedies such as plant base medicines which is increasing the demand for laurel oil.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market Through Innovation and Market Expansion"

Key industry players involved in laurel oil market are Albert Vieille, manufacturer of sustainable essential oils; Berje, a supplier of different types of aromatic products. Elixens specialized in cosmetics and pharmaceutical use, especially essential oils Laure volunteering supplies the products for personal care. Robertet Group has a big role to play in the fragrance sector with the company offering laurel oil in various fields. Furthermore, Treatt Plc deals with natural ingredients for food and beverages industries while Ungerer and Company provides a number of essential oil, laurel oil inclusive which is in high demand in global markets.

List Of Top Laurel Oil Market Companies

• Henry Lamotte Oils GmbH (Germany)
• Albert Vieille (France)
• Elixens (France)
• Fleurchem (U.S.)

KEY INDUSTRY DEVELOPMENT

August 2024: Henry Lamotte Oils GmbH introduced organic laurel oil products into the market for with improved indications for sustainability and natural products​ IMR market reports.

REPORT COVERAGE

The laurel oil market has potential growth prospects because of the increasing demand for natural organic products in the global market especially in the personal care, cosmetics and wellness industries. Leading actors such as Henry Lamotte Oils GmbH, and Albert Vieille are shifting away from this trend by improving their portfolio and adopting sustainable manufacturing techniques. Negative trends that inspire the industry includes the new organic laurel oil lines, strategic acquisitions, and qualities and environmentalism. Also, with the expansion of aromatherapy, herpes, and natural supplements the need for laurel oil also enhances. In the dynamics of the industry, the demand for development of their new forms of distribution and new portfolios is expected to supply the market, providing opportunities for new growth​ International Marketing Reports, & Stats Market Research, and 6Wresearch. Altogether, the condition of the market with laurel oil shows the positive trends in the further perspective with the movement to ecological and healthy products consumption.