Middle East & Africa Wintergreen Oil Market Forecast to 2031 - Regional Analysis - by Type, End Use, and Distribution Channel

List of Tables

The Middle East & Africa wintergreen oil market was valued at US$ 4.18 million in 2023 and is expected to reach US$ 5.81 million by 2031; it is estimated to register a CAGR of 4.2% from 2023 to 2031.

Inclination Toward Organic Products Bolsters Middle East & Africa Wintergreen Oil Market

Health awareness trends, including clean-label and organic products, have gained significant traction in recent years. The increasing incidences of diabetes, obesity, hypertension, heart diseases, and skin disorders are driving consumer preference toward certified organic products. Organic products are perceived healthier than conventional ones as they are produced using raw materials grown by following well-regulated farming practices that avoid using pesticides and chemical fertilizers, genetically modified organisms (GMOs), antibiotics, and external growth hormone applications. The organic trend is not confined to food and beverages. The demand for organic haircare and skincare products such as shampoos, conditioners, and moisturizers is also on the rise. As a result, the use of organic wintergreen oil is emerging as a significant trend in the food & beverages, cosmetics, personal care products, and home care products industries. Wintergreen oil manufacturers are focusing on acquiring organic certifications for their products to meet evolving consumer demands and gain a competitive edge in the market.

The preference for organic ingredients is not only limited to industrial applications, but the consumers using essential oils such as wintergreen oil for aromatherapy also prefer products with organic claim. To cater to the increasing demand Florihana Distillerie, Nature's Note Organics, NHR Organic Oils are key players offering organic wintergreen oil direct to consumers. Similarly, LEBERMUTH is one of the major companies that provide organic wintergreen oil for food and beverage application. Thus, inclination towards organic products is expected to create new trend in the Middle East & Africa wintergreen oil market.

Middle East & Africa Wintergreen Oil Market Overview

The wintergreen oil market is gradually gaining traction in the Middle East & Africa. Many countries in the Middle East have a tradition of using essential oils and natural products for both medicinal and cosmetic purposes. The historical and cultural significance of herbal remedies plays an instrumental role in the acceptance and demand for wintergreen oil. The demand for essential oils, including wintergreen oil, has spurred in this region with people taking much interest in natural and organic products. Known for its distinctive minty aroma and therapeutic properties, wintergreen oil is used in a variety of applications, ranging from aromatherapy and personal care to alternative medicine. As consumers become more health-conscious, there is a noticeable shift toward incorporating natural remedies into their daily routines.

In recent years, the Middle East & Africa has witnessed a shift in socioeconomic conditions owing to rapid economic progress and surging disposable incomes of people. Rapid urbanization, modern lifestyle, and rise in consumer spending capacity have changed the purchasing habits and consumption patterns of consumers. In line with this, the expanding wellness and spa industry in countries such as the UAE and Saudi Arabia has further fueled the demand for essential oils, including wintergreen oils.

Middle East & Africa Wintergreen Oil Market Revenue and Forecast to 2031 (US$ Million)

Middle East & Africa Wintergreen Oil Market Segmentation

The Middle East & Africa wintergreen oil market is categorized into type, end use, distribution channel, and country.

Based on type, the Middle East & Africa wintergreen oil market is bifurcated into organic and conventional. The conventional segment held a larger Middle East & Africa wintergreen oil market share in 2023.

In terms of end use, the Middle East & Africa wintergreen oil market is segmented into pharmaceuticals, food and beverages, personal care and cosmetics, aromatherapy, and others. The aromatherapy segment held the largest Middle East & Africa wintergreen oil market share in 2023.

By distribution channel, the Middle East & Africa wintergreen oil market is divided into wholesalers, supermarkets and hypermarkets, pharmacies and drugstores, and online retail. The wholesalers segment held the largest Middle East & Africa wintergreen oil market share in 2023.

By country, the Middle East & Africa wintergreen oil market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The UAE dominated the Middle East & Africa wintergreen oil market share in 2023.

NOW Health Group Inc, Edens Garden Essentials Corp, doTERRA International LLC, and Young Living Essential Oils LC are some of the leading companies operating in the Middle East & Africa wintergreen oil market.

Product Code: BMIRE00031319

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Middle East & Africa Wintergreen Oil Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Materials Suppliers:
- 4.3.2 Manufacturers:
- 4.3.3 Wholesalers/Distributors/Suppliers:
- 4.3.4 End Users:

5. Middle East & Africa Wintergreen Oil Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Health Benefits and Functional Properties Associated with Wintergreen Oil
- 5.1.2 Rising Adoption of Aromatherapy Among Population
5.2 Market Restraints
- 5.2.1 Availability of Alternatives
5.3 Market Opportunities
- 5.3.1 Consumer Preference for Personal Care Products and Cosmetics with Natural Ingredients
5.4 Future Trends
- 5.4.1 Inclination Toward Organic Products
5.5 Impact of Drivers and Restraints:

6. Wintergreen Oil Market - Middle East & Africa Market Analysis

6.1 Middle East & Africa Wintergreen Oil Market Revenue (US$ Thousand), 2021-2031
6.2 Middle East & Africa Wintergreen Oil Market Forecast Analysis

7. Middle East & Africa Wintergreen Oil Market Analysis - by Type

7.1 Organic
- 7.1.1 Overview
- 7.1.2 Organic: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
7.2 Conventional
- 7.2.1 Overview
- 7.2.2 Conventional: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

8. Middle East & Africa Wintergreen Oil Market Analysis - by End Use

8.1 Pharmaceuticals
- 8.1.1 Overview
- 8.1.2 Pharmaceuticals: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.2 Food and Beverages
- 8.2.1 Overview
- 8.2.2 Food and Beverages: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.3 Personal Care and Cosmetics
- 8.3.1 Overview
- 8.3.2 Personal Care and Cosmetics: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.4 Aromatherapy
- 8.4.1 Overview
- 8.4.2 Aromatherapy: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

9. Middle East & Africa Wintergreen Oil Market Analysis - by Distribution Channel

9.1 Wholesalers
- 9.1.1 Overview
- 9.1.2 Wholesalers: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.2 Supermarkets and Hypermarkets
- 9.2.1 Overview
- 9.2.2 Supermarkets and Hypermarkets: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.3 Pharmacies and Drugstores
- 9.3.1 Overview
- 9.3.2 Pharmacies and Drugstores: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
9.4 Online Retail
- 9.4.1 Overview
- 9.4.2 Online Retail: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)

10. Middle East & Africa Wintergreen Oil Market - Country Analysis

10.1 Middle East & Africa
- 10.1.1 Middle East & Africa: Wintergreen Oil Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 10.1.1.1 Middle East & Africa: Wintergreen Oil Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 South Africa: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.2.1 South Africa: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.2.2 South Africa: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.2.3 South Africa: Wintergreen Oil Market Breakdown, by Distribution Channel
  - 10.1.1.3 Saudi Arabia: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.3.1 Saudi Arabia: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.3.2 Saudi Arabia: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.3.3 Saudi Arabia: Wintergreen Oil Market Breakdown, by Distribution Channel
  - 10.1.1.4 United Arab Emirates: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.4.1 United Arab Emirates: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.4.2 United Arab Emirates: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.4.3 United Arab Emirates: Wintergreen Oil Market Breakdown, by Distribution Channel
  - 10.1.1.5 Rest of Middle East & Africa: Wintergreen Oil Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 10.1.1.5.1 Rest of Middle East & Africa: Wintergreen Oil Market Breakdown, by Type
    - 10.1.1.5.2 Rest of Middle East & Africa: Wintergreen Oil Market Breakdown, by End Use
    - 10.1.1.5.3 Rest of Middle East & Africa: Wintergreen Oil Market Breakdown, by Distribution Channel

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Company Profiles

12.1 NOW Health Group Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Edens Garden Essentials Corp
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 doTERRA International LLC
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Young Living Essential Oils LC
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments

13. Appendix

13.1 About The Insight Partners