PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1739726
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1739726
Haitian Vetiver Oil Market is estimated to be valued at USD 29.6 Mn in 2025 and is expected to reach USD 36.7 Mn by 2032, growing at a compound annual growth rate (CAGR) of 3.1% from 2025 to 2032.
Report Coverage | Report Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 29.6 Mn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 3.10% | 2032 Value Projection: | USD 36.7 Mn |
Haitian vetiver oil is used for skin treatment as it has medicinal and therapeutic benefits on the skin as well as the nervous system. It helps in treating skin issues such as acne, pimple, dry skin, and others. Rising trend among health-conscious customers regarding the utilization of natural and organic ingredients across the globe is favoring the growth of the market in recent past years.
The global Haitian vetiver oil market has witnessed significant growth in recent past years, owing to the rising awareness regarding the benefits of natural food ingredients among consumers. This in turn has resulted a rise in demand for innovative packaging solutions. This is expected to foster the demand for Haitian vetiver oil in the next few years.
Major players in the global Haitian vetiver oil market are increasing their investment in innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries such as cosmetics, food & beverages, pharmaceuticals, and others. This scenario is expected to fuel the market during the forecast period.
Factors like the rising need for Haitian vetiver oil in the fragrance industry and the growing awareness among young and middle-class customers about the health benefits of the oil. The market for Haitian vetiver oil is expected to expand due to the increasing popularity of aromatherapy and its numerous medicinal benefits, such as its anti-inflammatory and antiseptic properties.
Key features of the study: