Laurel Oil Market

The Latin America Laurel Oil market size was valued at US$ 34 million in 2024 and is projected to reach US$ 46 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.

Laurel oil is an essential oil extracted from the leaves of the laurel tree, used in aromatherapy, personal care products, and as a flavoring agent in the food industry.

The Latin American laurel oil market is a niche but growing segment, driven by increasing consumer interest in natural and traditional remedies. Brazil, Mexico, and Peru account for 70% of the regional market. In 2023, the personal care industry consumed 45% of laurel oil in Latin America. The market saw a 12% increase in demand for organic certified laurel oil in 2023, particularly for use in natural cosmetics and hair care products. Use in aromatherapy and massage oils is growing at 7% annually. Key manufacturers are focusing on sustainable sourcing practices, with an 18% year-over-year increase in initiatives for supporting small-scale laurel farmers. The industry is also witnessing a trend towards value-added laurel oil products, with a 25% rise in product launches featuring laurel oil blends and infusions for specific therapeutic applications.

Report Includes

Laurel Oil Market is an essential reference for who looks for detailed information on Latin America Laurel Oil. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Laurel Oil, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

Laurel Oil Market aims to provide a comprehensive presentation of the Latin America Laurel Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Laurel Oil. Laurel Oil Market contains market size and forecasts of Laurel Oil in Latin America, including the following market information:

We surveyed the Laurel Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Brazil

•    Mexico

•    Argentina

•    Chile

•    Colombia

•    Peru

•    Venezuela

by Products type:

•    Organic Laurel Oil

•    Conventional Laurel Oil

by Application:

•    Pharmaceuticals

•    Personal Care and Cosmetics

•    Food Industry

•    Others

key players include: (At least 8-10 companies included)

•    Petrobras

•    Pemex

•    Ecopetrol

•    YPF S.A.

•    PDVSA

•    Petroamazonas EP

•    Petroper