August 29, 2019 by Steve Blade
A vital ingredient in traditional Chinese medicine, mandarin oil has been used for thousands of years. Mandarin oil is commonly considered the most calming and sweetest citrus essential oil. Mandarin oil is known to be mild and imbibed with healing properties that help diminish scars, minimize stress, eliminate age spots, and reduce acne. Mandarin oil even relieves gas, stimulates the lymphatic system, and acts as an antispasmodic, digestive, antiseptic, sedative, nervous relaxant, and tonic substance. global mandarin oil market have been given below to help you understand the current and future prospects in the mandarin oil market which should grow with a CAGR of 3.8% from 2017 to 2022
Mandarins are quite closely related to tangerines with slight differences in colour. The mandarin oil market is directly linked to the growth in the cosmetics, food & beverage, and toiletries industries as mandarin oil finds application in all of these.
Mandarin oil has a number of health benefits as it is an antiseptic, antispasmodic, digestive, hepatic all rolled into one. Several studies have proven that mandarin oil is highly effective at treating nausea and anxiety. Mandarin oil may be able to develop analgesics for providing pain relief, protecting wounds and promoting collection of leucocytes and platelets at the wound.
As mandarin oil is entirely natural, it has no side effects which makes it quite popular as an antispasmodic that cures any breathing or digestive issues. A few drops of mandarin oil improve blood circulation and even aid digestion by discharging bile and digestive juices in the stomach, thereby increasing a person’s appetite. Mandarin oil is also good for the liver as it assists bile discharge and protects the organ from infection. Thus, it isn’t surprising that mandarin oil is used in the food & beverage industry in a variety of roles. The food & beverage segment is poised to be worth US$ 20 million in Europe alone, making it extremely lucrative.
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.
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.
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