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
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.
Over the next five years, LPI(LP Information) projects that Pine Needle Oil will register a 2.5% CAGR in terms of revenue, reach US$ 18 million by 2023, from US$ 15 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Mountain Rose Herbs
A. G. Industries
Shakti Him Pharma
Shiv Sales Corporation
Heng Cheng Natural Perfume Oil
Global Natural Spice
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into