Europe is anticipated to garner the largest share in the Global Rose Oil Market, owing to the presence of leading rose oil manufacturers in the region.
Government initiatives have helped to increase the production of rose oil in Bulgaria to expand its export business.
The health benefits of rose essential oil can be attributed to its properties such as antidepressant, antiphlogistic, antispasmodic, antiseptic, antiviral, astringent, bactericidal, aphrodisiac, cholagogic, cicatrizant, emmenagogue, depurative, hemostatic, hepatic, laxative, stomachic, nervine, and a uterine substance, which in turn, is expected to be an opportunity for new entrants to offer product variants.
Some of the key players in the Global Rose Oil Products Market are Sigma-Aldrich, Inc. (US), Ernesto Ventos SA (Spain), Alteya Organics, LLC (US), Givaudan SA (Switzerland), Firmenich International SA (Switzerland), Symrise AG (Germany), V. MANE FILS SA (France), Robertet SA (France), International Flavors & Fragrances Inc. (US), and BERJÉ INC. (Switzerland).
North America is expected to register a highest growth rate during the forecast period owing to the increasing awareness regarding health benefits of rose oil.
Growing usage of rose oil in various skin care products to treat various skin related issues such as acne, blemishes, dryness and skin-redness.