Oregano Oil Market

Oregano Oil Market Study by Carvacrol 0% to 24%, Carvacrol 25% to 50%, and Carvacrol 51% to 75% Content for Pharmaceuticals, F&B, Cosmetics & Personal Care, and Retail/Households from 2024 to 2034

Analysis of Oregano Oil Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Oregano Oil Market Outlook (2024 to 2034)

According to a newly published research report by Fact.MR, the global oregano oil market is pegged at US$ 8.22 billion in 2024. Global demand for oregano oil is predicted to increase at a CAGR of 5.1% and reach a market valuation of US$ 13.49 billion by 2034-end.

More consumers are becoming health-conscious and are looking for natural alternatives to artificial products, which is forecasted to drive the demand for oregano oil owing to its perceived health benefits. This oil is also becoming popular in herbal medicine. In addition, it is also utilized due to its potential antioxidant, anti-inflammatory, and antimicrobial properties.

Growing preference for herbal and natural products is projected to stimulate the oregano oil market share. This oil is used in several industries, including food and beverages, pharmaceuticals, animal feed, and personal care, because of its antimicrobial properties.

Oregano oil is well known due to its carvacrol content, owing to which it provides anti-inflammatory, antioxidant, and other beneficial properties. Producers in the food and beverage industry are adopting natural preservatives for food preservation, and oregano oil is one of the popular options. Thymol and carvacrol are prominent components found in oregano oil and are responsible for the antioxidant properties and odor of the oil.

  • Worldwide sales of organic oregano oil are predicted to increase at a 5.4% CAGR and reach US$ 3.6 billion by the end of 2034.
  • Sales of oregano oil in the United States are forecasted to increase at a CAGR of 4.7% and reach US$ 2.16 billion by 2034.
  • North America is predicted to account for a 20.7% share of global market revenue by 2034.

In recent years, more consumers have opted for gluten-free products due to gluten intolerance and celiac disease. Adoption of gluten-free products is the only effective option available for these people to relieve the symptoms of diseases. Consumption of oregano oil is predicted to help in boosting the immune system, cleanse the body, and boost essential nutrition.

Several minerals and vitamins, including copper, silicon, vitamin E, zinc, and B complex, are also found in oregano oil. Therefore, it is utilized as one of the key ingredients in some pharmaceutical products to treat bruises, burns, cuts, etc.

Report Attributes Details
Oregano Oil Market Size (2024E) US$ 8.22 Billion
Forecasted Market Value (2034F) US$ 13.49 Billion
Global Market Growth Rate (2024 to 2034) 5.1% CAGR
Market Share of East Asia (2034F) 23.7%
Demand Growth in Japan (2024 to 2034) 5.9% CAGR
United States Market Value (2034F) US$ 2.16 Billion
Conventional Segment Value (2024E) US$ 6.09 Billion
Pharmaceuticals Segment Share (2034F) 34.2%
Key Companies Profiled
  • NOW Health Group, Inc.
  • AOS Product Pvt. Ltd.
  • Doterra International, LLC
  • Healing Solutions
  • Plant Therapy
  • Rocky Mountain Oils, LLC
  • Aura Cacia
  • Fabulous Frannie
  • Mountain Rose Herbs
  • Plant Guru
  • Natural Factors Nutritional Products Ltd.
  • SVA Organics
  • North American Herb and Spice
  • Edens Garden
  • NHR Organic Oils
  • Visagenics Premium Essential Oils
  • Ultra International B.V.
  • Young Living Essential Oils

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Which Key Factors are Positively Influencing the Market for Oregano Oil?

“Growing Use of Oregano Oil Due to Rising Awareness about its Health Benefits”

There has been a significant increase in the adoption of natural products due to rising awareness about health and wellness. There is a noteworthy increase in the prevalence of some diseases, including respiratory diseases, depression, throat infections, and fatigue, which is forecasted to attract more patients to adopt healthy products.

Several essential oils in combination with base oils, provide health benefits due to their medicinal properties. They are adopted as effective alternatives to chemical-infused medicines. Headaches and migraines, anxiety, stress, sleep, inflammatory conditions, and some other issues are cured with the application of oregano oil. Therefore, a noteworthy shift to healthy and natural products is predicted to stimulate the adoption of oregano oil as a popular ingredient.

“Increasing Adoption of Natural Preservatives Stimulating Demand for Oregano Oil”

The food & beverage industry is predicted to contribute to the growing need for natural preservative products. Rising awareness related to the healing properties of these essential oils in aromatherapy is also forecasted to impact oregano oil demand positively.

The healthcare and pharmaceutical sectors are set to use oregano oil as an antiseptic oil. Among the available aromatic plants, oregano leaves have a significant portion of phenol, which is responsible for antibacterial action. In addition, increasing demand for natural cosmetic products because of their health benefits is predicted to fuel demand for oregano oil. It works efficiently against several viruses, bacteria, and parasites, which is further contributing to revenue streams.

What Challenges Do Oregano Oil Producers Need to Tackle?

“Limited Supply of Raw Materials and Presence of Stringent Regulations”

The expansion of the global market is hampered due to the limited supply of raw materials. In addition, the implementation of stringent quality standards is forecasted to pose challenges for small- and medium-scale players to match the regulations set by respective governing bodies.

“Availability of Various Substitutes in the Market”

More customers are looking for affordable and convenient substitutes that are further predicted to adversely impact demand for oregano oil. The easy availability of substitute options offering the same benefits or properties is predicted to limit the adoption of oregano oil.

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How are Start-ups Contributing to Oregano Oil Market Size Expansion?

“Using Oregano Oil with Complementary Natural Ingredients for Product Innovation”

The development of specialized products or unique formulations with the use of oregano oil is predicted to contribute to the profit share of start-ups. They can use oregano oil to create blends with several complementary natural ingredients, thus leading to the production of convenient dosage forms. Offering customized and sustainably sourced products with oregano oil is predicted to contribute to oregano oil market growth.

Country-wise Insights

Fact.MR, a market research and competitive intelligence provider, in its newly published study that East Asia is predicted to hold a 23.7% share of global market revenue by the end of 2034. The dominance of the region in the global market is attributed to the growing use of oregano oil in aromatherapy and medicines.

Which Oregano Oil Market Trends are Prominent in the United States?

“Rising Adoption of Oregano Oil as Natural Remedy in Healthcare”

Attribute United States
Market Value (2024E) US$ 1.36 Billion
Growth Rate (2024 to 2034) 4.7% CAGR
Projected Value (2034F) US$ 2.16 Billion

More consumers in the United States are emphasizing health and wellness. Oregano oil is commonly perceived as a natural remedy with several potential health benefits, including anti-inflammatory, antioxidant, and antimicrobial properties. Therefore, it is observed that more Americans are opting for natural alternatives instead of synthetic ones, which is predicted to stimulate demand for oregano oil.

What Opportunities Do Oregano Oil Suppliers Have in China?

“Historical Integration of Oregano Oil in Traditional Chinese Medicine”

Attribute China
Market Value (2024E) US$ 1.41 Billion
Growth Rate (2024 to 2034) 5.4% CAGR
Projected Value (2034F) US$ 2.38 Billion

Oregano oil is used significantly in some traditional Chinese medicine. These medicines are not only becoming popular in China but also in other countries. Herbal products, including oregano oil, are explored owing to their integration into traditional practices and potential health properties.

Regulatory authorities in China are encouraging the adoption of traditional medicine and natural products. Supportive policies and regulations are predicted to facilitate the availability and use of oregano oil in the country.

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Category-wise Insights

Demand for oregano oil in the food & beverages industry is predicted to increase at a CAGR of 5.2% through 2034 owing to the burgeoning need for nutritional and healthy products, which is leading to the development of innovative products with nutritious and natural ingredients.

Which Type of Oregano Oil is Highly Popular?

“High Demand for Conventional Oregano Oil Due to its Versatile Nature”

Attribute Conventional Oregano Oil
Segment Value (2024E) US$ 6.09 Billion
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 9.89 Billion

The versatile nature of conventional oregano oil is predicted to stimulate its use in several industries beyond health supplements. This oil is employed in food & beverages as a natural preservative. In addition, it is also used because of its potential benefits for animals. Moreover, the antimicrobial properties of oregano oil are projected to stimulate its adoption in personal care products.

Oregano oil is becoming popular due to its health benefits, including anti-inflammatory, antioxidant, and antimicrobial properties. More consumers are opting for natural supplements and remedies, which is predicted to stimulate the adoption of oregano oil.

Which Application of Oregano Oil is Generating Significant Revenue?

“Medicine Formulations of Oregano Oil Driving its Adoption in Pharmaceuticals”

Attribute Pharmaceuticals
Segment Value (2024E) US$ 2.86 Billion
Growth Rate (2024 to 2034) 4.9% CAGR
Projected Value (2034F) US$ 4.61 Billion

Pharmaceuticals are predicted to hold a 34.2% oregano oil market share by 2034. In conventional medicine, oregano oil is used for several conditions, including gastrointestinal, respiratory, anti-inflammatory, anti-bacterial, menstrual disorders, etc. The pharmaceutical industry is predicted to leverage the properties of oregano oil in the modern era by harnessing its medicine formulations.

Competitive Landscape

Manufacturers of oregano oil are adopting several strategies to achieve their respective purposes, including ensuring product quality control, effective supply chain management systems, new developments, and innovations.

Key players in the oregano oil industry are NOW Health Group, Inc., AOS Product Pvt. Ltd., Doterra International, LLC, Healing Solutions, Plant Therapy, Rocky Mountain Oils, LLC, Aura Cacia, Fabulous Frannie, Mountain Rose Herbs, Plant Guru, Natural Factors Nutritional Products Ltd., SVA Organics, North American Herb and Spice, Edens Garden, NHR Organic Oils, Visagenics Premium Essential Oils, Ultra International B.V., and Young Living Essential Oils.

Segmentation of Oregano Oil Market Research

  • By Nature :

    • Organic
    • Conventional
  • By Content :

    • Carvacrol 0% to 24%
    • Carvacrol 25% to 50%
    • Carvacrol 51% to 75%
  • By Application :

    • Pharmaceuticals
    • Food & Beverages
    • Cosmetics & Personal Care
    • Retail/Households
  • By Distribution Channel :

    • Business to Business
    • Business to Consumer
      • Hypermarkets/Supermarkets
      • Convenience Stores
      • Specialty Stores
      • Online Retail
  • By Region :

    • North America
    • Europe
    • East Asia
    • Latin America
    • Middle East & Africa
    • South Asia & Oceania

- FAQs -

What is the valuation of the oregano oil market in 2024?

The global oregano oil market is estimated at US$ 8.22 billion in 2024.

Where does the demand for conventional oregano oil stand in 2024?

Demand for conventional oregano oil is estimated at a market valuation of US$ 6.09 billion in 2024.

What are the projected sales of oregano oil for 2034?

Sales of oregano oil are forecasted to reach US$ 13.49 billion by the end of 2034.

At what rate is the demand for oregano oil predicted to increase?

Worldwide demand for oregano oil is predicted to increase at a CAGR of 5.1% from 2024 to 2034.

What is the projected contribution of East Asia to the global market?

East Asia is predicted to contribute 23.7% share of global market revenue by 2034.

What share of the global market is the pharmaceuticals segment forecasted to occupy?

The pharmaceuticals segment is predicted to account for 34.2% share of the global market by 2034.

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