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The tens of billions of essential oils industry ushered in major changes

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  • Time of issue:2022-02-11
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(Summary description)1. The market size of the essential oil extraction industry exceeds 10 billion yuan and is in a stage of rapid development

Essential oil is an ancient spice. There are many stories about the peculiar effects of essential oils, which add to the mystery of essential oils. Because of their high prices, they are often exclusive luxury items for royalty.

With the advancement of science and technology, human beings have more in-depth research on essential oils, and the application of essential oils has become more extensive. From high-end perfumes to daily washing and care, to various nutritional health products, the shadow of essential oils can be seen. For example, peppermint oil, whose main component is menthol (also known as menthol), has been proven by modern medicine to have a variety of medical effects, and is widely used in medicines, health products, health foods and daily consumer goods. In addition, hundreds of essential oils, such as eucalyptus oil, rose oil, tea tree oil, cinnamon oil, rosemary oil, etc., all have different health effects.

The planting, processing, and application of essential oils have developed into a huge industry. Humans consume more than 100,000 tons of essential oils every year. For essential oils that are widely used, such as eucalyptus oil and peppermint oil, the annual consumption of a single product is tens of thousands of tons. . According to the statistics and forecast of Markets and Markets, the global market size of essential oil raw materials is expected to reach 2.83 billion US dollars by 2023.

my country's plant essential oil industry is in a stage of rapid development. According to relevant data from the China Research Institute of Puhua Industrial Research, from 2016 to 2019, the output of my country's plant essential oil industry increased from 56,900 tons to 86,400 tons, with a compound growth rate of 14.9%.

2. my country's essential oil processing industry is big but not strong

my country is one of the countries with the most abundant spice plant resources in the world. Spice plants are distributed from south to north, with more than 400 species belonging to 62 families, of which about 120 kinds of natural spices have been industrially produced. The annual output of essential oils such as peppermint oil, eucalyptus oil, fenugreek oil, cinnamon oil, and fennel oil ranks first in the world. In 2019, my country exported 10,228.67 tons of eucalyptus oil, with an amount of 1.317 billion yuan, and exported 7,495.97 tons of peppermint extracts such as menthol and peppermint oil, with an amount of 1.439 billion yuan.

With the advantages of natural resources, my country has become a major producer of essential oils, but the degree of industrialization of essential oil processing is still not high enough. Traditional essential oil processing generally adopts soil stove fumigation or semi-industrial tank distillation extraction. Problems such as poor environment, high labor intensity, low production capacity, low yield, and unstable product quality lead to high prices of essential oils, which objectively limit the application of essential oils.

In order to further develop the essential oil industry in my country, it must rely on technological progress to improve the efficiency of processing links and solve problems such as low output, low efficiency, heavy pollution, and unstable product quality. The essential oil industry needs a company with strong technical strength and the courage to innovate in technology to shoulder this responsibility and lead China's essential oil industry to become bigger and stronger.

The tens of billions of essential oils industry ushered in major changes

(Summary description)1. The market size of the essential oil extraction industry exceeds 10 billion yuan and is in a stage of rapid development

Essential oil is an ancient spice. There are many stories about the peculiar effects of essential oils, which add to the mystery of essential oils. Because of their high prices, they are often exclusive luxury items for royalty.

With the advancement of science and technology, human beings have more in-depth research on essential oils, and the application of essential oils has become more extensive. From high-end perfumes to daily washing and care, to various nutritional health products, the shadow of essential oils can be seen. For example, peppermint oil, whose main component is menthol (also known as menthol), has been proven by modern medicine to have a variety of medical effects, and is widely used in medicines, health products, health foods and daily consumer goods. In addition, hundreds of essential oils, such as eucalyptus oil, rose oil, tea tree oil, cinnamon oil, rosemary oil, etc., all have different health effects.

The planting, processing, and application of essential oils have developed into a huge industry. Humans consume more than 100,000 tons of essential oils every year. For essential oils that are widely used, such as eucalyptus oil and peppermint oil, the annual consumption of a single product is tens of thousands of tons. . According to the statistics and forecast of Markets and Markets, the global market size of essential oil raw materials is expected to reach 2.83 billion US dollars by 2023.

my country's plant essential oil industry is in a stage of rapid development. According to relevant data from the China Research Institute of Puhua Industrial Research, from 2016 to 2019, the output of my country's plant essential oil industry increased from 56,900 tons to 86,400 tons, with a compound growth rate of 14.9%.

2. my country's essential oil processing industry is big but not strong

my country is one of the countries with the most abundant spice plant resources in the world. Spice plants are distributed from south to north, with more than 400 species belonging to 62 families, of which about 120 kinds of natural spices have been industrially produced. The annual output of essential oils such as peppermint oil, eucalyptus oil, fenugreek oil, cinnamon oil, and fennel oil ranks first in the world. In 2019, my country exported 10,228.67 tons of eucalyptus oil, with an amount of 1.317 billion yuan, and exported 7,495.97 tons of peppermint extracts such as menthol and peppermint oil, with an amount of 1.439 billion yuan.

With the advantages of natural resources, my country has become a major producer of essential oils, but the degree of industrialization of essential oil processing is still not high enough. Traditional essential oil processing generally adopts soil stove fumigation or semi-industrial tank distillation extraction. Problems such as poor environment, high labor intensity, low production capacity, low yield, and unstable product quality lead to high prices of essential oils, which objectively limit the application of essential oils.

In order to further develop the essential oil industry in my country, it must rely on technological progress to improve the efficiency of processing links and solve problems such as low output, low efficiency, heavy pollution, and unstable product quality. The essential oil industry needs a company with strong technical strength and the courage to innovate in technology to shoulder this responsibility and lead China's essential oil industry to become bigger and stronger.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2022-02-11
  • Views:0
Information

1. The market size of the essential oil extraction industry exceeds 10 billion yuan and is in a stage of rapid development

Essential oil is an ancient spice. There are many stories about the peculiar effects of essential oils, which add to the mystery of essential oils. Because of their high prices, they are often exclusive luxury items for royalty.

With the advancement of science and technology, human beings have more in-depth research on essential oils, and the application of essential oils has become more extensive. From high-end perfumes to daily washing and care, to various nutritional health products, the shadow of essential oils can be seen. For example, peppermint oil, whose main component is menthol (also known as menthol), has been proven by modern medicine to have a variety of medical effects, and is widely used in medicines, health products, health foods and daily consumer goods. In addition, hundreds of essential oils, such as eucalyptus oil, rose oil, tea tree oil, cinnamon oil, rosemary oil, etc., all have different health effects.

The planting, processing, and application of essential oils have developed into a huge industry. Humans consume more than 100,000 tons of essential oils every year. For essential oils that are widely used, such as eucalyptus oil and peppermint oil, the annual consumption of a single product is tens of thousands of tons. . According to the statistics and forecast of Markets and Markets, the global market size of essential oil raw materials is expected to reach 2.83 billion US dollars by 2023.

my country's plant essential oil industry is in a stage of rapid development. According to relevant data from the China Research Institute of Puhua Industrial Research, from 2016 to 2019, the output of my country's plant essential oil industry increased from 56,900 tons to 86,400 tons, with a compound growth rate of 14.9%.

2. my country's essential oil processing industry is big but not strong

my country is one of the countries with the most abundant spice plant resources in the world. Spice plants are distributed from south to north, with more than 400 species belonging to 62 families, of which about 120 kinds of natural spices have been industrially produced. The annual output of essential oils such as peppermint oil, eucalyptus oil, fenugreek oil, cinnamon oil, and fennel oil ranks first in the world. In 2019, my country exported 10,228.67 tons of eucalyptus oil, with an amount of 1.317 billion yuan, and exported 7,495.97 tons of peppermint extracts such as menthol and peppermint oil, with an amount of 1.439 billion yuan.

With the advantages of natural resources, my country has become a major producer of essential oils, but the degree of industrialization of essential oil processing is still not high enough. Traditional essential oil processing generally adopts soil stove fumigation or semi-industrial tank distillation extraction. Problems such as poor environment, high labor intensity, low production capacity, low yield, and unstable product quality lead to high prices of essential oils, which objectively limit the application of essential oils.

In order to further develop the essential oil industry in my country, it must rely on technological progress to improve the efficiency of processing links and solve problems such as low output, low efficiency, heavy pollution, and unstable product quality. The essential oil industry needs a company with strong technical strength and the courage to innovate in technology to shoulder this responsibility and lead China's essential oil industry to become bigger and stronger.

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  • China Menthol Industry Market Prospect Analysis and Forecast Report
    Market demand This report analyzes and studies the market demand of the menthol industry from the following perspectives: 1. Market scale: By analyzing the consumption scale and year-on-year growth rate of the menthol industry in the Chinese market for the past five consecutive years, judge the market potential and growth of the menthol industry, and forecast the growth trend of the consumption scale in the next five years. The content of this part is presented in the form of "text description + data chart (column line chart)". 2. Product structure: classify the products of the menthol industry from multiple perspectives, give the consumption scale and proportion of menthol products of different types, grades, regions and application fields, and conduct in-depth research on various details. The market capacity, demand characteristics, and major competitors of different products will help customers to grasp the product structure of the menthol industry as a whole and the market demand of various subdivided products. The content of this part is presented in the form of "text description + data chart (table, pie chart)". 3. Market distribution: Analyze the market distribution of the menthol industry from factors such as the geographical distribution and spending power of users, and conduct in-depth research on key regional markets with large consumption scale, including the consumption scale and proportion of the region. , Demand characteristics, demand trends... This part of the content is presented in the form of "text description + data charts (tables, pie charts)". 4. User research: By dividing the user groups of menthol products, the consumption scale and proportion of menthol products by different user groups are given, and at the same time, the purchasing power, price sensitivity, Brand preference, purchasing channels, purchasing frequency, etc., analyze the concerns and unmet needs of various user groups for menthol products, and forecast the consumption scale and growth trend of menthol products by various user groups in the next few years , so as to help menthol manufacturers to grasp the current situation and demand trend of menthol products of various user groups. The content of this part is presented in the form of "text description + data chart (table, pie chart)". 5.   Competitive Landscape Based on Porter's Five Forces Model, this report analyzes from five aspects: the competitiveness of existing competitors in the menthol industry, the ability of potential competitors to enter, the substitution ability of substitutes, the bargaining power of suppliers and the bargaining power of downstream users Competitive Landscape of Menthol Industry. At the same time, through the survey of the existing competitors in the menthol industry, the market share indicators of the menthol industry are given, so as to judge the market concentration of the menthol industry, and at the same time, according to the market share and market influence, the mainstream companies are grouped for competition. Divide and analyze the characteristics of each competition group; in addition, by analyzing the strategic trends, investment dynamics of mainstream companies and the investment enthusiasm of new entrants, market entry strategies, etc., to judge the changing trend of the future competition pattern of the menthol industry. Benchmarking company The research on benchmarking companies has always been the core and foundation of the CEI Vision research report. Because benchmarking companies are equivalent to industry research samples, the development trends of a certain number of benchmarking companies, to a large extent, reflect the mainstream development trend of an industry . This report carefully selects 5-10 large-scale and most representative benchmarking companies in the menthol industry for investigation and research, including each company's industry status, organizational structure, product composition and positioning, operating conditions, marketing models, sales Network, technological advantages, development trends, etc. This report can also adjust the selection number and selection method of benchmarking companies according to customer requirements. Investment Opportunities The research on investment opportunities in the menthol industry in this report is divided into general investment opportunities and specific project investment opportunities. General investment opportunities are mainly analyzed and evaluated from the perspectives of subdivided products, regional markets, and industrial chains. Specific project investment opportunities are mainly for menthol. The brain industry intends to conduct research and evaluation on projects under construction and seeking cooperation.
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