Sage Essential Oil Market: Introduction:
Sage, or Salvia Officinalis, as it is known in botanical nomenclature system. This essential oil is extracted by steam distillation of sage leaves and is constituted mainly of Aesculetinen, Alpha Humulene, Alpha Thujene, Alpha Thujone, Alpha Terpineol, Alpha Terpenines, Alpha Pinene, Alpha Maaliene, Aromadendrene, Beta Pinene, Beta Copaene, Beta Thujone, Borneol, Camphor, Cineole, Caryophyllene Oxide, Camphene, Delta Cadinenes, Linalool, Limonene, Myrcene, Ocimenes, Octenol, Paracymene, Para Cymenol, Salviol, Terpinenol, Thujanol and Terpinolene. The health benefits of Sage Essential Oil can be attributed to its properties as an antifungal, antimicrobial, antioxidant, antiseptic, anti-inflammatory, antispasmodic, antibacterial, cholagogue and choleretic, cicatrisant, depurative, digestive, disinfectant, emenagogue, expectorant, febrifuge, laxative and stimulating substance.
Sage Essential Oil Market: Segmentation:
Sage Essential Oil can be segmented into source, application, and distribution channel.
On the basis of source, Sage Essential Oil is segmented into organic and inorganic. Since in most of the cases, organic oil is used extensively, Sage oil have higher scope in organic segments.
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In terms of application, Sage Essential Oil is mainly used in Cosmetic industry, Pharmaceutical industry. Sage Oil play a pivotal role in the cosmetic industry. The oil being an antioxidant agent, it is extensively used in anti-aging process and for several skin treatment. In Pharmaceutical industry, it serves as an antiseptic for wounds, surgical incisions, post natal injuries, ulcers and sores. In world of tricilogy, Sage essential oil are tonic and good for hair conditioning and darkening it.
In terms of distribution, they are available both direct and indirect channel. When it comes to direct channel, they are being used in the process of making many cosmetic products. When it comes to indirect channel, they are available in medical stores.
Sage Essential Oil Market: Regional Outlook:
Since Sage cultivation is majorly found in Northern parts of America and several other parts of Europe, they hold major share in this market. It is estimated that The Middle East and Africa (MEA) will be the fastest-growing region in beauty and personal care products over the next five years. The MEA’s $25.4 billion (Dh93.21 billion) market will grow by 6.4 per cent a year over the next five years, according to research by Euromonitor International. Owing to this, ingredient like Sage Essential Oil playing an important role in world of cosmetics would have a higher drive in these regions.
Sage Essential Oil Market: Drivers and Restraints:
Global cosmetics market is expected to garner $429.8 billion by 2022, registering a CAGR of 4.3% during the forecast period 2016-2022. A shift of preference towards natural and organic beauty products, particularly in U.S. and European countries, fosters the growth of the cosmetics market. Rising demand for natural, herbal and organic beauty products creates potential opportunities for manufacturers to innovate and develop new products in accordance to consumer preferences. This critical factor drives the growth in demand for Sage Essential Oil in the cosmetic industry.
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Sage Essential Oil Market: Key Players:
The global players for the Sage Essential Oil Market are India Essential Oils, The Essential Oil Company, Taytonn PTE LTD, Augustus Oils Ltd, Bontoux S.A, Lansdowne Chemicals, Lluch Essence S.L., M&U International LLC, O'Laughlin Industries Inc.
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