Originating in ancient Chinese medicine, mandarin oil is reputed to be the most calming and sweetest essential oil. According to ancient stories, the mandarin fruit was exchanged as gifts in a ritual known as ‘Mandarinsn’ which may have given rise to the current name. Mandarin oil brightens the skin, reduces acne, fights insomnia, reduces scars, eliminates wrinkles, and tackles oily skin. Mandarin oil is even thought to have antiseptic qualities that address health issues such as leaky gut syndrome in addition to relieving gas and stimulating the lymphatic system. Mandarin oil is used in cosmetics, skin care products, and even in beverages and food products today, making the scope of the mandarin oil market almost limitless.
Market Taxonomy
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Source Type |
Form Type |
Application |
Distribution Channel |
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Natural |
Absolute |
Therapeutics |
Modern Trade |
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Organic |
Concentrates |
Aromatherapy |
Franchise Outlets |
|
|
Blends |
Food & Beverage |
Specialty Stores |
|
|
|
Cosmetics |
Online |
|
|
|
Toiletries |
|
|
|
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Fragrances |
|
|
|
|
Cleaning & Home |
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|
|
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Others |
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report.)
Preference for ‘Natural or Organic’ to Benefit the Mandarin Oil Market
A notable shift in consumer tastes has occurred in the 21st century where they expressly prefer natural or organic products. Mandarin oil, as one of the essential oils, is perfectly placed to benefit from this as it is mild enough to use without fear in aromatherapy. While essential oils have been popular in developed countries for some time now, they have become much more so in emerging economies led by China, India, Indonesia, Thailand, and Vietnam. Mandarin oil has no side effects unlike conventional drugs which go a long way in raising the profile of the mandarin oil market.
Trade Segment Much Larger than Franchise Outlet in Mandarin Oil Market
The trade segment is nearly twice the size of the franchise outlet segment in the mandarin oil market by revenue share and is on track to be worth more than US$ 90 million at the end of 2022. Europe is a particularly attractive region as it is poised to witness the highest CAGR of 5% for the period from 2017 to 2022. The franchise outlet segment is only anticipated to near a revenue share of 1/5th in the mandarin oil market by distribution channel. Along with Europe, key stakeholders would be advised to target North America.
Online Segment Might Boom In the Mandarin Oil Market
Even though the online segment accounts for just a fifth of the revenue in the mandarin oil market, there is a strong possibility that this distribution channel could become increasingly important in the days ahead. Improving Internet connectivity in emerging markets coupled with the falling prices of data and smartphones are expected to make online retail critical and companies are recommended to account for this in this plans. Europe represents approx. 2/5th of the contribution to the online channel and it is projected to retain this share and have a value of nearly US$ 23 million in 2022.
Natural Segment Critical in the Mandarin Oil Market
The natural segment has a 3/4th revenue share in the mandarin oil market and it is estimated to rise to nearly US$ 170 million by end 2022. Europe and Latin America are likely to grow with a CAGR considerably higher than that of other regions in the mandarin oil market.
Competition Tracking
The report also highlights key manufacturers in the global market for mandarin oil, which include Fischer S/A - Com. Ind. e Agricultura (Citrosuco Paulista SA), Bontoux S.A.S, Lionel Hitchen Essential Oils Ltd., Symrise AG, Young Living Essential Oils LC, Citrus and Allied Essences Ltd., Mountain Rose Herbs, Inc., doTERRA International, LLC, Plant Therapy Essential Oils, and Biolandes.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR.
In its recent report, Fact.MR offers a comprehensive perspective on the global mandarin oil market across few targeted regions. With a history in traditional Chinese medicine that is thousands of years old, mandarin oil is considered the most calming and sweetest essential oil. Mandarin oil is similar to tangerine and known for its healing properties and the mandarin oil market serves both the food & beverage and cosmetics industry. The report focuses on the provision of in-depth research and detailed insights about global mandarin oil market for the forecast period 2017 to 2022.
Scope
The prime focus of Fact.MR’s report is to provide readers with an unbiased and accurate analysis of current market status of mandarin oil, along with future growth estimations. Mandarin oil producers, suppliers, and distributors in the global market will benefit from the insights offered in this report. A detailed discussion guide has been formulated in this report, which can attract the interest of top trade magazines and journals related to mandarin oil.
Summary
The report commences by providing an executive summary, market dynamics and market taxonomy, underlining the factors which influence growth of the global mandarin oil market. This executive summary offers the foundation on which the report is based, providing users with scope of the report. The executive summary contains key statistics and facts impacting the global mandarin oil market.
Overview
This section offers a detailed view of the global mandarin oil market, comprising the market introduction, along with the standard definition of product – mandarin oil. Market value as well as year-over-year expansion is offered to readers in this section. Y-o-Y growth enables readers to view broader aspects of growth patterns during the forecast period.
This section also details the drivers, restraints, opportunities and key trends influencing the market growth based on perspectives of macroeconomic, demand, and supply sides. Impact analysis of the weighted average model-based expansion drivers is included in the report for the provision of better decision-making insights to clients.
To offer readers with latest information about advancements in the global mandarin oil market, updates about opportunities benefitting leading mandarin oil producing companies are offered in the report. Continuous evolution of the food & beverages sector necessitates keeping record of upcoming and recent developments and trends which are fundamental for mandarin oil producers to formulate and adopt key business strategies. The detailed analysis pertaining to list of distributors, pricing analysis, raw material sourcing, cost structures, and supply chain are offered in this section.
By considering the global mandarin oil market, and provide an in-depth analysis, Fact.MR’s report offers segment-wise analysis and forecast. The mandarin oil market is categorized on the basis of source type, form type, application, distribution channel, and region. Segmentation analysis offered is comprehensive, along with the detailed country-wise forecast offered on all parameters.
The report’s last section emphasizes on the competitive landscape of the global mandarin oil market, providing readers with the dashboard of company analysis as well as the market players. Competitive intelligence provided by the report is based on providers’ categories in the value chain, and their presence in the global mandarin oil market.
Research Methodology
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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Mandarin Oil Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022