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Download Free sampleThe global Tea Tree Oil market was valued at 31.36 Million USD in 2021 and will grow with a CAGR of 5.33% from 2021 to 2027, based on Research newly published report.
The prime objective of Tea Tree Oil Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Tea Tree Oil Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Tea tree oil, also known as melaleuca oil is an essential oil with a fresh camphoraceous odor and a color that ranges from pale yellow to nearly colorless and clear. It is taken from the leaves of the Melaleuca alternifolia, which is native to Southeast Queensland and the Northeast coast of New South Wales, Australia.The Tea Tree Oil is extracted from Melaleuca Ahemifolia, this plant is native to Australia, and is only suitable for planting in subtropical climates. Australia is the main production base of Tea Tree Oil, with over 80% share in global. Global key manufacturers: Main Camp, G.R. Davis, Maria River Plantation, Cassegrain Kalara, NATTO, Jenbrook, LvHuan Technology, Coromandel Mountains, Fuyang Biotechnology, Oribi Oils, Nandu Biology, Bestdo Technology, Thursday Plantation and SOiL and so on. The sales volume of Tea Tree Oil was 692 metric tons in 2017, of which 81.51% is produced in Australia. North America and Europe are the major consumption markets, with global Market Share of 48% and 22% in 2017. Asia is a potential market; the Market Share is gradually increased year by year. Tea Tree Oil mainly sales in pure oil form, Some companies make TTO as medicinal pharmaceutical or premium grade, this is usually based on these oils containing a slightly higher percentage of terpinen-4-ol,however, there is no scientific evidence that these oils are more antimicrobial active than regular TTO. As the downstream healthcare industry is on a flourishing development nowadays, the importance of Tea Tree Oil will become more and more apparent over time, and when the market outbreak its potential, Tea Tree Oil industry will enter a new era. Tea tree oil is also produced in several other countries including China, South Africa, Kenya, Indonesia and Thailand. All of this TTO is produced from Melaleuca alternifolia, an Australian native tree that originated in the coastal regions of Southern Queensland and Northern NSW. No one can accurately state how much TTO is produced in these other countries.
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