Global Pine Needle Oil Market is Set for a Positive Growth Forecast at CAGR of 2.5% till 2023

Bharat Book Bureau Provides the Trending Market Research Report on “Global Pine Needle Oil Market, Forecast to 2023” under Chemical & Materials category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Pine oil is an essential oil obtained by the steam distillation of stumps, needles, twigs and conesfrom a variety of species of pine, particularly Pinus sylvestris

Scope of the Report:
- This report focuses on the Pine Needle Oil in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- In consumption market, the Growth Rate of global consumption is smooth relatively. North America, Europe and China is still the main consumption and the shares are 24.86%, 33.89% and 28.69% in 2016, respectively.
- There are two major classfications of Pine Needle Oil, Pinus Sylvestris and Pinus Palustris. Pine Needle Oil can be widely used in Food Additive, Spices, Therapy and Others. Survey results showed that Food Additive and Therapy are the major consumption of Pine Needle Oil, which accounts for 39.33 and 40.87% in 2016. Due to the development of economy and its unique characteristics, these industries will need more Pine Needle Oil. So, Pine Needle Oil has a huge market potential in the future.

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The worldwide market for Pine Needle Oil is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 18 million US$ in 2023, from 15 million US$ in 2017.

Market Segment by Manufacturers, this report covers
- Aroma Land
- Floracopeia
- Mountain Rose Herbs
- Nowfoods
- BIOLANDES
- HRF
- A. G. Industries
- Shakti Him Pharma
- K.K. Enterprise
- Shiv Sales Corporation

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https://www.bharatbook.com/MarketReports/Global-Pine-Needle-Oil-Market-by-Manufacturers-Regions-Type-and-Application-Forecast-to-2023/1149595

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