Monday, March 30, 2020

Global Home Healthcare Market, Global Home Healthcare Industry, Market Major Players, Market Revenue: Ken Research


How is the Home Healthcare Market Positioned Across the Globe?
The growth of home healthcare market in the past decade was limited to America and Europe. The industry has now started booming with companies expanding their global footprint and investing in growth markets such as India, China and Germany. In countries where it is adopted by the government, home healthcare proved to reduce emergency department visits, hospitalizations and readmissions. In USA, Medicare saved USD 2,700 per beneficiary annually for homebound patients.
The occupancy rates of beds in nursing homes and hospitals has been increasing in various countries hence stakeholders are more willing to adopt ways to shift patients to their homes and free up beds for more complex and urgent cases. According to a survey by Canadian Home Care Association, with the aid of healthcare services at home, there has been a decline of around 72% in emergency department visits in the country in 2018.

Across the globe, hospitalization costs are surging and quality of nursing homes and residential care facilities is reported to be deteriorating. This has further paved the way for quality in-home care demand. The number of remotely monitored patients in 2016 was estimated to be around ~ million and is forecasted to reach ~ million by the year ending 2021. Home medical monitoring devices connections are estimated to reach ~ million units by 2021, led by the CRM segment.

Countries such as Japan and Germany are currently facing an “ageing crisis” with high demand for long term care but much lower supply of medical professionals, especially in the home healthcare segment, where employee turnover ratios are as high as ~40.0%.

Even though home healthcare constitutes an average of 3.0%-6.0% of overall health spending, it is a growing challenge for the government to sustain the demand. EHC, one of the leading home healthcare providers, reported that out-of-pocket spending contributed less than 1.0% to its revenue in 2018. The ratio can be anywhere between 1.0% to 8.0% in USA for Medicare/Medicaid enrolled agencies and much higher in countries where home health care is not covered in government health insurance and policies, such as India.

How is global Drug Abuse Testing Devices market Segmented?
By Region (Americas, Europe, Asia-Pacific and MEA)
The Americas region accounted for the highest market share in terms of revenue by capturing ~% in 2019, USA being the major provider of home healthcare services. It was followed by Europe, Asia-Pacific and the MEA region. The growth rate in APAC region has been considerably higher than other regions.

By Age Group
Elderly population accounted for the highest share in global home healthcare revenues, followed by middle aged population. Various countries currently face an ageing crisis and home healthcare has been proven to be an effective way to care for the elderly.

By Patient Profile (Elderly Care, Rehabilitation, Physiotherapy, Wound Care and Others)
Corollary to the highest share of elderly population, elderly care services contribute the highest revenue. In most cases it is followed next by rehabilitation services. It was also witnessed that Dementia and Alzheimer’s care services are also on the rise in few countries.

Key Segments Covered:-
Global Home Healthcare Market
By Region
America
Europe
Asia Pacific
Middle East and Africa

By Countries
USA
Canada
Germany
UK
Australia
Japan
India
South Africa
UAE
Snapshot on China Home Healthcare Market

By Age Group
Mother and Infant
Below 25
25-40
40-65
65 Above

By Patient Profile
Elderly Care
Rehabilitation
Physiotherapy
Wound Care
Others (COPD, Lab Tests, Injections, Dementia Care etc.)

By Service Stream
Staff & Support Service (Nurses, Doctors, Assistants and Support Software)
Rental Service (Equipment/Lab/Pharma)

Key Target Audience:-
Home Healthcare Agencies
Healthcare Device Manufacturing Companies
Healthcare Software Companies
Home Care Companies
Nursing/Elderly Care Companies
Government Health Departments/Ministry of Health
Nursing Associations
Home Care Associations
Elderly Care Associations/Companies
Healthcare Consulting Companies
Home Healthcare NGOs and Non-Profit Organizations

Time Period Captured in the Report
Historical Period: 2014-2019
Forecast Period: 2020F-2025F

Companies Covered:-
Healthcare at Home
Kindred Healthcare
Home Instead Senior Care
LHC Group
Bayada
Amedisys
Almost Family
Encompass Health Corporation
Addus Homecare
Right at Home
Portea Medical (Healthvista India Pvt. Ltd.)

For More Information, refer to below link:-
Global Home Healthcare Market

Related Reports:-
India Home Healthcare Market Outlook to 2023 - By Patient Profile (Elderly Care, Physiotherapy, Stroke rehabilitation, Wound Care and Others); By Organized (Subscription and Non Recurring Model) and Unorganized, By Major Cities

Europe POCT Devices Market Outlook to 2022 - by Geography (Western Europe & Eastern Europe), by Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1Ac POCT & Drugs of Abuse POCT), by Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units and Homecare & Patients)

Asia Pacific Orthopedic Device Market Outlook To 2025 – By Country (China, Japan, India, Korea, RoAPAC), By Type Of Treatment (Joint, Spine, Trauma And Orthobiology And Sports Medicine); And By Type Of End User (Multispecialty And Orthopedic Specialty Hospitals)

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Growth In The Demand For Global Electronic Stability Control Market Outlook: Ken Research

The Electronic Stability Control (ESC) is exceedingly operative in supporting the driver maintain control of the car, thereby circumventing or decreasing the severity of crashes. Electronic Stability Control (ESC) is a technology that advances the vehicle's steadiness by distinguishing and decreasing loss of traction.
The Electronic stability control perceives the damage of traction and automatically smears brakes to advance the vehicle’s stability. Whereas, Africa is an enormous impending market; however, it will take a little duration for the electronic stability control systems to become customary in the automobiles promoted. The transactions of the automobiles are presently very low but are predicted to increase exponentially, exclusively in markets like Ghana and Nigeria that are undergoing an effective augment in disposable incomes. But, the maximum growth in the review duration is anticipated to be in the Asia-Pacific economy, where there has been increasing the protection concern and more rigorous regulations. India is predicted to present the maximum rate of growth in the region.
Global Electronic Stability Control Market
According to the report analysis, ‘Global Electronic Stability Control (ESC) Market 2019 by Manufacturers, Regions, Type, and Application, Forecast to 2024’ states that in the worldwide electronic stability control (ESC) market there are abundant entities which presently functioning more actively for leading the fastest market growth and registering the handsome value of market share around the globe over the near years more positively while establishing the several research and development programs, increasing the durability and productivity of the product, advancing the technologies of production, delivering the better consumer satisfaction and employing the young workforce includes Bosch, Continental, TRW Automotive, Denso, Aisin, Delphi Automotive, Hyundai Mobis, Autoliv, Knorr-Bremse, Mando, WABCO, Hitachi, Johnson Electric and several others.
The worldwide market for Electronic Stability Control (ESC) is projected to increase at a CAGR of roughly 3.4% over the next five years will reach 13100 million USD in 2024, from 10700 million USD in 2019.
During the near years, the snowballing demand for luxury cars in economies such as Europe and Asia-Pacific, mainly in China, India, and Japan, is predicted to propel the market. Supportable growth in the electronic stability control system market will fundamentally be contingent upon forthcoming legislations in innumerable countries. ESC systems are compulsory in industrialized countries, while legislations in underdeveloped countries are speedily catching up generating high growth opportunities.
Globally, the Electronic Stability Control industry the market is determined as the manufacturing technology of Electronic Stability Control is comparatively matured than some high-tech equipment. And few enterprises, like Bosch, Continental, TRW Automotive, etc. are well-known for the delightful performance of their Electronic Stability Control and connected services. During the same time, Europe employed 32.67% production market share in 2015, is extraordinary in the worldwide Electronic Stability Control industry owing to their market share and technology status of Electronic Stability Control.
Across Europe and North America, the ESC systems are well-established and have a great penetration rate. The usage of these systems is also increasing proficiently in the Asia-Pacific and ROW regions, owing to the effective rise in the consumer purchasing power and their predilection for better protection measures and the overview of legislation and policy framework mandating the installation of safety equipment in cars. Developing countries such as India, Russia, Brazil, and Mexico are anticipated to show a great growth rate in the requirement for the ESC systems. Therefore, in the near years, it is anticipated that the market of electronic stability control will increase around the globe over the upcoming future more progressively.
For More Information on the Research Report, refer to below links: -
Related Reports: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: India

Rise in Demand from Cosmetic Industry Expected to Drive Global Lavender Essential Oil Extract Market: Ken Research

Lavender oil is an essential oil, obtained from the extraction of the flowers of lavender, also known aslavandula oil. Lavender oil extract is the collection of crucial crude mixtures from extraction of various parts of lavender flower, which is extracted by using solvent for instance ethanol or water. Among all the essential oils, it is the most versatile & expensive one. This product is popular in the cosmetic sector as it is used for the purpose of fragrance and in food industry lavender oil is used for flavoring purpose in dairy products, culinary herb, jelly andtea. It also finds applications in the pharmaceutical industry where it is used in the therapies,diabetes, dermatitis, insect repellant, cold, asthma, and for many other purposes.

According to study, “Global Lavender Essential Oil Extract Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global lavender essential oil extract market areZen Supplements Ltd., Sun Bio Naturals India Private Limited, Xi'an DN Biology Co., Ltd.,Vietgo Company Limited, Wuhan Vanz Pharm Inc., SNN Natural Products, Sri Venkatesh Aromas, Praveen Aroma Pvt Ltd., Sky Petro-Chem Pte. Ltd.,Natures Natural India, Nuvaria Ingredients,Cn Lab Canada, Asian Group, Contek Life Science Co., Ltd.,Amarnath Exports, Bo International,Adept Impex Private Limited. The key companies are likely to expand their business by enhancing their product portfolio in global Lavender essential oil extract market.

Based on type, lavender essential oil extract market is segmented into <90%, 90%-95%, 95%-98% and >98%. Based on extraction method, market is segmented into steam distillation, hydro distillation, and solvent extraction. Based on distribution channel, market is segmented into pharmacy & drug stores, online retailing, health & beauty stores, and others. In addition, based on application, market is segmented into dietic foods, drug formula, cosmetics,research uses, and others. Cosmetic segment is

The lavender essential oil extract market is driven by high demand in the beauty care & body care products, followed by increase in population, rise in disposable income of consumers, change in lifestyle pattern of people,rise in consumer preference for natural lavender extract based products and increase in awareness about health benefits of lavender essential oil. However, high cost of oil may impact the market. Moreover, rise indemand for natural ingredients of lavender extracts oil in processed foods is a key opportunity for market.

Based on geography, the European region holds major share in lavender essential oil extract market, followed by Asian-Pacific region owing to rise in usage of oils in skincare products extracted from lavender flower in the region. Whereas, the North-American region is anticipated to exhibit substantial growth rate due to rise in demand from food & beverage industry over the forecast period. In upcoming years, it is projected that the market will be reached at rapid pace as a result of increase in consumer preference to buy food & beverages which are rich in terms of natural flavor, natural ingredient, taste, aroma etc. during the forecast period.

For More Information, Click on the Link Below:-
Global Lavender Essential Oil Extract Market

Related Reports:-
Lavender Essential Oil Extract Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Lavender Essential Oil Extract Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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ATM Managed Services Providers Market Outlook: Ken Research

The ATM Managed Services Providers has effectively perceived durable growth incited by an intensification in the quantity of cash dispensing machines & cash recycling machines; reduction in the prices accused by managed service benefactors, admission of the new players in the industry & an augment in the quantity of the bank branches amongst the calculated duration. The market is presently positioned in the growth stage with a stout prospect for further expansion at a sooner pace with positive trends projected in the industry.
ATM managed services Market
The market size by revenue monitored a five-year CAGR of an effective percentage during the calculated period. The Profitability accompanying the ATM Cash Management Market is exceedingly correlated with numerous factors such as enlightening the process of cash withdrawals in the ATM, establishing a fresh breed of ATM machines, advancement in the customer retention schemes and relationships for the lengthier contracts. All of the above-mentioned aspects along with the ingenuities taken by the Bank Indonesia in the region have completely exaggerated the ATM Managed Service requirement in Indonesia.
However, the UAE ATM managed services market was effectively monitored to be functioning at its growth stage, forthcoming maturity as banks and ATM managed services entities begin investing in groundbreaking technology to systematize their services. The market is anticipated to effectively augment in the size owing to the effective increase in the cash management services market. Banks in the UAE have taken several steps in order to decrease the overall costs of functions. Apart from subcontracting the management of the ATMs, banks have begun decreasing their commercial footprint by finishing down branches, assimilation with the other banks and investment in technology-based services to decrease the reliance on ATMs for consumer services.
In addition, the Competition stage within UAE ATM managed services market was pragmatic to be decidedly determined among the three foremost companies. For cash management services, Transguard has a monopoly while Brink’s has just in progress to enter the market with an unimportant market share. Transguard attained its competitor G4S in the recent past years to become the market frontrunner in cash management and security services. Also, Transguard controls an enormous proportion of cash in the movement in the UAE while the due is controlled by banks. Last, of all, the competition with the ATM supply market of the UAE was also seen to be decidedly concentrated among 2 entities namely NCR Corporation and Diebold Nixdorf.
Not only has this, the effective growth in the number of ATMs and cash withdrawal transactions, increasing the outsourcing activity by the banks, entry of the fresh players to increase the growth in Indonesia ATM managed services market. Furthermore, the establishment of the fresh breed of the ATM machines namely multifunctional ATMs, cash recyclers, touch screen ATMs, mobile ATMs in the market will confirm more transactions in an ATM. Such machines deliver a bunch of the services apart from the cash withdrawal involving the cash deposit, statement inquiry, bill payment, updating passbook and several others.
For More Information on the Research Report, refer to below links: -
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Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Location: India

Global Soda Ash Industry Research Report: Ken Research



Soda Ash is considered to be among one of the top 5 major inorganic chemicals at the global level wherein the major production happens through the Synthetic process. Due to the high concentration of Natural Soda Ash Reserves in the US, the production process has been shifting from Synthetic to Natural. Even though the pattern is shifting, 75% of production is done through synthetic mode worldwide with the high scope of revenue from down-stream industries.
Environmental Challenge
Mining of Soda Ash from Natural resources implied exhaustion and depletion of Trona ores, resulting in low volume and high soda ash prices. Emission of ~60 Mt (Source: Ken Research Analysis) of CO2 gas during the soda ash production process and sulfur oxides during its transportation through vessels have raised alarms for serious Environmental concerns across the world and therefore called for stringent regulations and restricted processes.
Global Soda Ash Market
Impact of Stringent Regulations
Such emission norms caused a significant decline in supplies from countries majorly Europe and China (with the highest concentration of manufacturing capacity) due to high production costs. Environmental checks to improve industrial waste caused supply-demand difference and resulted in price fluctuations across the globe. Moreover, with the new regulations, manufacturers in the industry are required to either upgrade their existing machinery or replace the old factories with new ones to meet new environmental standards.
Is there a room for Growth?
Reduced production and process up-gradation costs pave way for enlarged opportunities for countries like Turkey, to augment their products in the future so as to meet the worldwide steady soda ash demand. A noteworthy growth rate of 6%-7% has been witnessed in the Synthetic soda ash production process segment due to its rising availability as a raw material to the global glass (largest application sector) manufacturing industry.
Opportunity for South Asian Countries
With infrastructural support to Middle-east and Asian Pacific countries (China, Thailand, Vietnam, Indonesia) development of domestic and commercial buildings, Household Detergents and Water Treatment industry in such Countries will upsurge their soda ash consumption Indonesia, being the 3rd largest importer of soda ash now has the opportunity to set up their first manufacturing plant in the country to meet this rising demand domestically and from neighbouring nations.
Key Target Audience: -
Soda Ash Manufacturers
Soda Ash Distributors
Chemicals Industry
Glass Industry
Soaps and Detergents Industry
Industry Associations
Government Associations
Government Agencies
Private Equity and Venture Capitalist Firms
Time Period Captured in the Report:
Historical Period: 2012 – 2019(P)
Forecast Period: 2019 – 2024F
Companies Covered:
Manufacturers
Solvay
Nirma
Ciner
TATA Chemicals
Genesisalkali
CIECH Group
Distributors
ANSAC
PT Lautan Luas
PT AKR Corporindo
Key Topics Covered in the Report: -
Global Soda Ash Market
Global Soda Ash Industry
Asia Soda Ash Market
Soda Ash Indonesia
Household Cleaners Global Market Size
Indonesia Glass Industry Revenue
Growth Rate of Indonesia Glass Industry
Global Players Soda Ash Market
Global Soda Ash Consumption Market
Soda Ash Factory Indonesia
Global Soda Ash Market Research Report
Global Soda Ash Industry Research Report
Production Costs of Soda Ash Indonesia
For More Information on the research report, refer to below link: -
Related Report by Ken Research: -
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Indonesia

India Untreated Mosquito Nets Market Growth led by Export Demand from Africa, Government Initiatives to achieve “zero malaria status” and Expanding Presence of Regional Players in Tier-2 and Tier-3 cities in India: Ken Research


“India has been persistent in its fight against malaria and other vector borne diseases, leading to demand for mosquito repellent products such as mosquito nets. For instance, Manipur government aims to achieve “zero malaria status” by 2021, 9 years ahead of the national target of eliminating malaria by 2030”.

Production Clusters: Karur in Tamil Nadu is one of the major production clusters in India for production of untreated mosquito nets in India and is home to ~2,000+ knitting looms. Surat and Delhi are other important production clusters gaining visibility.

Limited Acceptability: Untreated mosquito nets are being used as compliment product to other vector control products with higher efficacy, rather than a substitute. People perceive mosquito nets a low quality product, especially in Tier I cities. However, demand for untreated mosquito nets has increased in Tier-2 and Tier-3 cities since past few years.

Higher Demand in Northeastern States: Due to their topography and moist climate, Northeastern states such as Arunachal Pradesh, Tripura, Nagaland and Manipur are major demand hotspots for mosquito nets in India. However, region is not a major supplier of nets due to absence of local manufacturers, leading to increase in imports from China and Bangladesh.

High Malaria Prevalence: Despite efforts by state governments of India, malaria prevalence has been increasing due to entry of new variants of the pathogen. According to National Health Profile 2019, maximum number of cases and deaths due to Malaria in 2018 has been reported in Chattisgarh (77,140 cases and 26 deaths), followed by Odisha, Uttar Pradesh, Jharkhand and West Bengal. Demand for mosquito nets is higher in such regions.

Government Efforts: To achieve malaria-free country by 2027 and elimination by 2030, National Strategic Plan (NSP) 2017-22 for Malaria Elimination has been developed by National Vector Borne Disease Control Programme. Free distribution of mosquito nets has been an important measure to achieve this objective.

The report titled “India Untreated Mosquito Nets Market Outlook to 2024- By Unorganized and Organized, By Product Type (Frame/Foldable and Hanging), By Material Used (HDPE & Polyester, Nylon and Cotton), By Bed Size (Double Bed and Single Bed), By Regional Clusters and By Distribution Channel (Offline and Online)”gives an in depth, comprehensive study on the untreated mosquito nets market in India. The report covers various aspects including overview & genesis of the market, market trends and challenges, market size by revenue and volume, findings of a detailed customer survey conducted across tier-2 and tier-3 cities in India for understanding product adoption, perception and future demand for untreated mosquito net products in various regions, along with segmentations for regional clusters (North India, South India, West India, South India and Central India). The report also maps the competitive landscape of the market including pricing analysis by SKUs, major distributors and their strengths, weaknesses and innovations. The market is expected to grow by CAGR 0.9% between 2019 and 2024.

Key Segments Covered:-
India Untreated Mosquito Nets Market
Revenue by Market Structure
Unorganized
Organized

Revenue by Product Type
Framed/Foldable
Hanging

Revenue by Material Used
HDPE and Polyester
Nylon
Cotton

Volume and Revenue by Bed Size
Double Bed
Single Bed & Infant Bed

Volume by Region
North India
South India
West India
South India
Central India

Revenue by Distribution Channel
Kirana Stores
Flea Markets
Furniture and Furnishing Stores
Supermarkets, Cosmetic Stores & Other Non Grocery Retailers
Online Platforms

Key Target Audience:-
Mosquito Repellent FMCG Companies
Mosquito Net Manufacturers/Distributors
Vector Control Government Organizations
Vector Borne Diseases NGOs
Untreated Mosquito Net Companies
Consultancy Companies

Time Period Captured in the Report:-
Historical Period: 2017-2019
Forecast Period: 2020F-2024F

Companies Covered:-
Archie (Royal Mosquito Nets)
Classic Mosquito Nets
Athena Creations
Story@Home
Healthgenie
Healthy Sleeping Mosquito Net
Creative Mosquito Net
Verdioz
Riddhi Mosquito Nets
Sankari Plastic
Shoo Moski
Neruti Enterprise
Oscar Overseas
Pacicorp Organics

For More Information, refer to below link:-
India Untreated Mosquito Nets Market

Related Reports:-
Structural Changes for Malaria Control in India by 2027

India Baby Mobility Equipment Market Outlook To 2022 - Rising Online Sales Of Baby Mobility Equipments And Number Of MBOs To Foster Growth

India POCT Market Outlook to 2023 - By Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy and Fertility Testing Kits, Cardio Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits and Others), By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others), By Distribution Channel (Distributors and Direct Sales), By Consumables and Instruments and By Region

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

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Rise in Adoption of Lemongrass Oil in Aromatherapy Expected to Drive Global Lemongrass Essential Oil Market: Ken Research

Lemongrass oil is an essential oil with fresh & citrusy fragrance, extracted from lemongrass herb. It is anti-bacterial, anti-depressant, anti-fungal, antiseptic, anti-pyretic, and astringent. It is commonly used in disinfectant, pain balm, and insect repellent cream. It is used to improve digestion, anxiety, reduces cholesterol level, relieve stress, aids cancer treatment and many more.It is also known as fever grass owing to its ability to bring down a fever. It is used in various culinary delights, paired with beef, fish, poultry and seafood’s, added to ready-made curries as well as used for flavoring tea and soups.

According to study, “Global Lemongrass Essential Oil Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global lemongrass essential oil market areSky Petro-Chem Pte. Ltd., Shiv Sales Corporation, Showa Pharmaceutical Co., Ltd., Praveen Aroma Pvt Ltd., VEMO 99 Ltd., Organic Herb Inc., Kanta Enterprises Private Limited, Katyani Exports, Il Health And Beauty Natural Oils Co Inc., Imperial Malts Limited, TalyaBitkiselUrunlerTicaretSanayi Limited Sirketi, DBR Exports India, Shanghai SoyoungBiotechnology Inc., Sun Bio Naturals India Private Limited, SNN Natural Products, Sri Venkatesh Aromas, Shaanxi Orient Industrial Co., Ltd., Grenera Nutrients Private Limited, Harry Baba, Enjay Marketing Services Private Limited, Goyum Screw Press, Dran Co. Ltd., Ecuadorian Rainforest, LLC. The key companies are exploring the market by adopting mergers & acquisitions (M&A), investments, expansions, new service launches and collaborations as their preferred strategies. The companies are exploring new geographies through expansions & acquisitions to avail competitive benefit through combined synergies.

Based on type, lemongrass essential oil market is segmented into flower, leaf and mixed part. Based on grade type, market is segmented into therapeutic grade and food grade. Therapeutic grade is used for pharmaceutical as well as personal care uses while food grade is useful for food & beverage purpose. In addition, based on application, market is segmented into research uses, dietic foods, drug formula, cosmetics and others. Cosmetic segment includes shampoos, conditioner, soaps, deodorants, body lotion, air freshener and tonics.

The lemongrass essential oil market is driven by rise in adoption of lemongrass essential oil in aromatherapy, followed by growth in demand from pharmaceutical industry& increase in health benefits and rise in food & beverage industry for culinary dishes. However, high cost of lemongrass oil and side effects of the oil if consumed directly on breastfeeding or pregnant women may impact the market. Moreover, growth in preference for natural medicines among individuals and increase in awareness regarding health benefits provided by lemongrass oil are key opportunities for market.

Based on geography, the Latin-American and European regions hold major share in lemongrass essential oil market owing to change in lifestyle of people and presence of key manufacturers in the regions. Whereas, the Asian-Pacific region is expected to exhibit substantial growth rate due to rise in application in cosmetic & personal care products such as perfumes, soaps, and deodorants over the forecast period. In upcoming years, it is estimated that future of the market will be optimistic as a result of rise in popularity from health conscious consumers during the forecast period.

For More Information, Click on the Link Below:-
Global Lemongrass Essential Oil Market

Related Reports:-
Lemongrass Essential Oil Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Global Lemongrass Essential Oil Market Analysis 2013-2018 and Forecast 2019-2024

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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