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atulpmrApril 24, 2021
In its report titled, “
Lavender Oil Market: Global Industry Analysis and Forecast, 2016–2024” Persistence Market Insights reveals that more than US$ 76 Mn worth lavender oil was consumed worldwide in 2016. The lavender market, particularly in Europe will remain highly lucrative in 2017 and beyond owing to the increasing consumer preference for natural plant derived lavender oil products in the region. Meanwhile, personal care products account for a bulk of the overall demand for lavender globally
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Medicinal Properties of Lavender Oil Boosting its Popularity amongst Consumers
Consumers both in developed and developing countries are spending more on organic essential oil products including lavender oil owing to their health benefits. Lavender oil is considered to have unique properties that are beneficial for the skin, hence, used in various skincare products. Over the years, application of lavender extract, oil and essence in food and beverage pr