Catnip, also known as Cat Mint, is a whitish-grey plant with the scientific name Nepata Cataria. Catnip is a well-known medicinal herb that is used for the treatment of many ailments. These medicinal properties come from the various components of Catnip oil, such as Nepetalactone, Valeric Acid, Geraniol, Monoterpene, Nepetalic Anhydride, Citral, Limonene, Dispentine, Thymol, Citronella, Caryophyllene, Nerol, Bio Flavonoids, Nepetalic Acid, and carotenoids. The health benefits of catnip essential oil can be attributed to its properties as an anti-spasmodic, carminative, diaphoretic, emenagogue, nervine, stomachic, stimulant, astringent, and sedative substance. Catnip essential oil is an anesthetic, anti-inflammatory, and antirheumatic agent.
Catnip Essential Oil Market: Segmentation:
Catnip essential oil can be segmented on the basis of source, application and distributional channel.
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On the basis of nature, catnip essential oil can be segmented into organic and conventional. The organic catnip essential oil segment is anticipated to dominate the conventional catnip essential oil segment over the years. Organic products are considered to be healthier and pure, thus increasing acceptance for organic labelled products among the consumers is expected to support the organic Catnip essential oil segment growth over the forecast period.
On the basis of application, catnip essential oil can be segmented into food industry, pharmaceutical industry and cosmetic industry. It is used in food due to its flavoring property and health benefits. In the field of pharmacy, catnip essential oil can cure all problems related with cramps or spasms as it is antispasmodic. Since catnip essential oil strengthens nerves and activates them, it acts as a tonic for nervous system and helps in the management of nervous disorders like Parkinson’s disease, vertigo, Alzheimer’s disease. Apart from treating digestive problems, catnip essential oil is useful in times of stress as it has a calming effect. Since it possess the property of astringent, it has a tightening effect on skin, muscles and even gums which in turn contributes to the cosmetic industry. Moreover catnip essential oil is known for being most effective natural mosquito repellent agent.
Catnip essential oil is further segmented on the basis of distribution channel, which includes direct and indirect channels. When it comes to indirect distribution, the market is sub-segmented into modern store format, medical store, and departmental store and e-commerce retailers.
Catnip Essential Oil Market: Regional Outlook:
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Regional segment for the market of Catnip essential oil is segmented into five different regions: North America, Latin America, Europe, Asia Pacific including Japan and Middle East & Africa. The European market for Catnip essential oils is expected to grow at a healthy rate. Cosmetic products containing essential oils is preferable products in Europe which is expected to support Catnip essential oil market growth during the forecast period. Owing to this, catnip essential oil has huge opportunity in these regions since it possess the property of astringent which provide tightening effect on skin and muscles. Since Catnip is native to southern and eastern Europe, the Middle East, central Asia, these regions holds strong market share as compared to other regions in terms of volume sales. Since it is known for being most effective natural mosquito repellent agent, they can witness opportunity in most malaria prone countries in Africa, Asia – Pacific and America.
Catnip Essential Oil Market: Demand Driver:
The therapeutic properties of Catnip essential oil such as antispasmodic, diaphoretic, Carminative, Diaphoretic, Diuretic helps drive its demand in pharmaceutical industry. Since they are astringent agent, it plays an important role in the world cosmetics which adds up to another factor to demand driver.
Catnip Essential Oil Market: Key Player:
Some of global key players in catnip essential oil market includes: Lebermuth Co., Biolandes S.A., Taytonn PTE LTD, Augustus Oils Ltd, Bontoux S.A, O'Laughlin Industries Inc. The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications. The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa) The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain. A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period. Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
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