Analysis of Potential Impact of COVID-19 on Celery Oil Market
Celery Oil Market: Introduction
Apium graveolens is the plant from which celery oil is produced. This plant has bright white flowers and 2 mm long seeds. These seeds find applications in the production of spices. Celery seeds are very pleasant in smell and have a strong aroma. These seeds are dried and pressed in order to produce oil. Celery is a herb which is multipurpose and used for medical, healthcare, personal care, food and other applications. The celery seed oil has a very sweet, earthy and warm aroma. The byproducts of celery include linoleic acid, volatile oils, coumarins and flavonoids. The prime constituents of celery are d-selinene, D-limonene, sedanonic acid, sedanolide and anhydrideare. Celery seed oil being a natural detoxing agent can be used to treat digestive problems, cellulite and a post-illness immune system tonics. Furthermore, usage of celery oil is for treatment of nervousness, headache, weight loss due to malnutrition, exhaustion and loss of appetite.
Celery seed oil also helps in detoxification processes of the body as it eliminates the toxins and other harmful substances out the body. The essential oil of celery is an ideal solution for maintaining smooth digestion. As it is stomachic, it allows proper breakdown of the food and nutrients. It mainly assists in preventing digestion-related problems, such as a poor appetite and diarrhea.
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Celery Oil Market Segmentation:
The Celery Oil market can be segmented on the basis of source, end use and distribution channel.
On the basis of source, the Celery Oil market can be segmented as organic and conventional.
On the basis of end-use, the Celery Oil market can be segmented as household and commercial. The commercial segment can be further segmented as food and beverages, perfumes, medicines, nutrition and others.
On the basis of distribution channel, the Celery Oil market can be segmented as directs sales and indirect sales. The indirect sales market can be segmented as store-based retailing and online retail. The store based retailing can be further segmented as modern grocery retail and traditional grocery retail. The modern grocery retail can be segmented as hypermarkets/supermarkets, convenience stores, mom & pop stores and discount stores. The traditional grocery retailing can be further segmented as food & drink specialty, independent small groceries and others.
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Celery Oil Market: Drivers
Over the forecast period, celery seed solid extract and the oil market is expected to grow at a high CAGR globally due to modern chemical laboratories and improved production centers. The current manufacturing companies are serving highly pure as well as effective and accurate composed range of celery oil that has a longer shelf life. The celery oil currently available in the market is from fresh and dried seeds and celery seed extract. There is a growing demand for celery oil in the cosmetics market as it is used in perfumes and other applications.
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Regional Outlook
The plantation of celery has been native to countries of the African continent such as Egypt, Ethiopia and Algeria, which is also available in Asian countries such as India and Balochistan. It finds a significant demand in India as the cultivation is best in humid conditions that requires moderate to cool climate. For the celery oil production, it is the celery seed and fruit that is used extensively. The oil is typically extracted by crushing the whole seeds.
Emerging markets where producers can find opportunity for celery seed extract and oil is countries in Asia Pacific such as Vietnam, Indonesia, India, China among others. India, China, Hungary, the Netherlands, France and the U.S. are the leading producers of celery and its byproducts. Celery oil is the perfect blend of many volatile oils, coumarins, flavonoids and linoleic acid, thereby finding its way in versatile applications.
Celery Oil market Competitive Environment:
Examples of some of the key players in the global celery oil market are Bakker Brothers, Condor Seed Production, Inc., Green Earth Products, Rakesh Sandal Industries and Mountain Rose Herbs Essential Oils.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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