Market Overview:
Hydrosol is an aromatic water that remains after steam-distilling or hydro-distilling botanical material such as rose, lavender, jasmine, roman chamomile, neroli, and others. Hydrosols have numerous skin benefits; thus, it is used as a hydrating component in cream, cleanser, and other cosmetic products. Moreover, owing to its cooling, anti-inflammatory and wound healing attributes, it is applicable in various industries such as aromatherapy, fragrance and flavor, pharmaceuticals, and others.
Hydrosols are produced by distilling fresh leaves, fruits, flowers, and other plant materials. They act as an effective toner, anti-inflammatory, cooling agent, wound healer, and others, which is driving the growth of the hydrosols market din various industries. Moreover, increasing consumer preference for organic and natural products is boosting the growth of the hydrosol market across the globe.
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Increased disposable income and improved standard of living are also contributing to the growth of hydrosol market. Moreover, government support and favorable regulations for organic products have opened doors for hydrosol market. However, low availability and high price of the product may hamper the growth of the hydrosol market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 5.6% of hydrosols market during the forecast period 2017-2023.
Major Key Players Analysis:
Some of the key players profiled in the Global Hydrosols Market Bo International (India), The Essential Oil Company (U.S.), Sydney Essential Oils Co. Pty Ltd (Australia), Plant Therapy Essential Oils (U.S.), Aromatics International (U.S.), Hydrosol GmbH & Co. KG (Germany), Florihana Distillerie (France)
Downstream Analysis:
Hydrosols market is segmented on the basis of type such as rose, lavender, jasmine, roman chamomile, neroli, and others. Among all, lavender is dominating the market. Lavender hydrosols have excellent antiseptic as well as analgesic property, which have largely increased its application in aromatherapy, fragrance and flavor, pharmaceuticals, and cosmetics. However, rose and jasmine are expected to witness a moderate growth over the forecast period
On the basis of raw materials, the hydrosols are segmented into flowers, leaves, peel, berries, and others. The flower segment is the fastest growing among all followed by leaves and berries.
Based on the application, the hydrosols are segmented into aromatherapy, fragrance and flavor, pharmaceuticals, cosmetics, and others. The aromatherapy is the most dominating among all owing to its historic presence in the application of hydrosols. However, cosmetics segment is expected to surge the market over the estimated period based on the increasing demand for organic cosmetics among the population.
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Regional Analysis:
The Global Hydrosols Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific is dominating the hydrosol market followed by Europe. In Asia Pacific, the major contributors of hydrosol market are India and China. Europe market leads the production of hydrosols in which the U.K. and the Netherlands are the major exporters of hydrosols.
North America is expected to witness a substantial growth in which the U.S. is the major contributing country. Moreover, high inclination towards natural and organic products is likely to surge the market for hydrosols in rest of the world.
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