Myrrh Essential Oil Market

Myrrh has been used since ancient times as perfume and incense for medicinal and sacred purposes. Myrrh essential oil is a staple in aromatherapy and is believed to ease coughs and colds, soothe digestive discomfort, and boost immunity. Sourced from the gum of the Commiphora myrrha tree (a plant native to the Arabian peninsula and Africa), myrrh essential oil contains several compounds that may help enhance health, including terpenoids, a class of chemicals with antioxidant and anti-inflammatory effects.

Myrrh Essential Oil Market contains market size and forecasts of Myrrh Essential Oil in global, including the following market information:

Global Myrrh Essential Oil Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Myrrh Essential Oil Market Sales, 2017-2022, 2023-2028, (Kiloton)

Global top five Myrrh Essential Oil companies in 2021 (%)

The global Myrrh Essential Oil market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Refined Myrrh Essential Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Myrrh Essential Oil include PRZ, D?ve Herbes, Rocky Mountain Oils, Mountain Meadow Herbs, Ryaal Essentials, Kazima Perfumers, BrownBoi, Moksha Lifestyle Products and Riya Agro Products, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Myrrh Essential 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:

Global Myrrh Essential Oil Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Myrrh Essential Oil Market Segment Percentages, by Type, 2021 (%)

Refined Myrrh Essential Oil

Unrefined Myrrh Essential Oil

Global Myrrh Essential Oil Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Myrrh Essential Oil Market Segment Percentages, by Application, 2021 (%)

Food and Beverage

Household Care

Healthcare

Cosmetics and Personal Care

Other

Global Myrrh Essential Oil Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)

Global Myrrh Essential Oil Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Myrrh Essential Oil revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Myrrh Essential Oil revenues share in global market, 2021 (%)

Key companies Myrrh Essential Oil sales in global market, 2017-2022 (Estimated), (Kiloton)

Key companies Myrrh Essential Oil sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

PRZ

D?ve Herbes

Rocky Mountain Oils

Mountain Meadow Herbs

Ryaal Essentials

Kazima Perfumers

BrownBoi

Moksha Lifestyle Products

Riya Agro Products

Frankie and Myrrh

Kapco International Ltd

India Essential Oils

Florihana Distillerie

VedaOils

Ambre Blends

Naissance Trading and Alabama Essential Oil Company