Lavandula Oil - Worldwide

Lavandula Oil Market Definition

The Lavandula Oil Market is a worldwide commercial sector dealing with the production, distribution, and consumption of lavender essential oil derived from the Lavandula angustifolia plant. Lavender oil is extracted through steam distillation, hydro distillation, and solvent extraction. It is popularly used in food and beverages, cosmetics, personal care, and pharmaceuticals. Lavandula oil has indeed gained importance in the pharmaceutical industry as it cures diseases such as diabetes, the common cold, and cough, has anti-allerg, antifungal, anti-insomnia, anti-eczema, and anti-nausea properties, and much more.

The distribution channels of sustainably sourced Lavandula oil are also opening up for different sectors of production, including cosmetic care, apparel, food, food service, and retail. This increased use of lavender oil among various end-user industries propelling market growth. North America accounts for a large share of import for Lavandula oil, France, Spain, Italy and Croatia accounting for the major vendors. Applications of this oil include aromatherapy, massage therapy, diffusers, etc. Investments in environmentally friendly or naturally grown products are expected to be the stimulants to increase Lavandula oil demand in the open market.