According to the research report titled, ‘Global Eucalyptus Oil Market Size by Type (Medicinal Type, Perfumery Type, Industrial Type) by Application (Food and Beverages, Fragrances and Aromatherapy, Pharmaceuticals) by distribution channel (Online, Conventional store, Pharmacies, Specialty Stores), and Regional Forecasts 2021-2027’, available with Market Study Report, global eucalyptus oil market was worth USD 0.34 billion in 2020 and is expected to record a compound annual growth rate of 6.1% during 2021-2027, thereby accumulating USD 0.51 billion by the end of the analysis timeline.
 

A wide range of health benefits offered by the product including its usage in aromatherapy to treat bronchitis, heart diseases, and respiratory tract infections are fueling global eucalyptus oil market progression.
 

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In addition, increasing demand for organic products along with rising health and beauty concerns among the masses are augmenting industry outlook. Rapid surge in food & beverage sector is also adding momentum to market development as these oils are used as essence and preservatives for various food products.
 

For the unversed, eucalyptus oil is a type of essential oil extracted from the leaves of eucalyptus plants. It provides a variety of applications in antiseptic, pharmaceutical, flavoring, fragrance, repellent, and other industrial uses.
 

On the contrary, requirement of higher investments to facilitate the production of eucalyptus oil is likely to hamper the market remuneration scope. Moreover, high costs of essential oils will also impact product demand in the ensuing years.
 

Regionally speaking, North America, Europe, Latin America, and Asia Pacific are the major benefactors to global eucalyptus oil market revenue. Among these, Europe presently leads the market in terms of consumption, with Spain and Portugal at the forefront, accreditable to the rapid development in the regions’ fragrance and flavor sector.
 

Meanwhile, Asia Pacific market is anticipated to amass notable gains during 2021-2027 owing to high rate of consumption and production of eucalyptus oils in the region.
 

Key players like International Flavors & Fragrances, Inc., Plant Therapy Essential Oils, AOS Products Pvt. Ltd., M/s. PSC Aromatics, doTERRA International LLC, Integria Healthcare (Australia) Pty. Ltd., Kama Ayurveda Pvt. Ltd., Etosha Pan (India) Pvt. Ltd., Emu Ridge Eucalyptus Oil Distillery, and Khadi Natural Healthcare are profiled in global eucalyptus oil market report.