Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Myrrh Essential 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 Myrrh Essential Oil. This report contains market size and forecasts of Myrrh Essential Oil in global, including the following market information:
Global Myrrh Essential Oil Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Myrrh Essential Oil Market Sales, 2019-2024, 2025-2030, (Kiloton)
Global top five Myrrh Essential Oil companies in 2023 (%)
The global Myrrh Essential Oil market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Refined Myrrh Essential Oil Segment to Reach $ Million by 2030, 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 2023, 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, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Myrrh Essential Oil Market Segment Percentages, by Type, 2023 (%)
Refined Myrrh Essential Oil
Unrefined Myrrh Essential Oil
Global Myrrh Essential Oil Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Myrrh Essential Oil Market Segment Percentages, by Application, 2023 (%)
Food and Beverage
Household Care
Healthcare
Cosmetics and Personal Care
Other
Global Myrrh Essential Oil Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Kiloton)
Global Myrrh Essential Oil Market Segment Percentages, By Region and Country, 2023 (%)
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, 2019-2024 (Estimated), ($ millions)
Key companies Myrrh Essential Oil revenues share in global market, 2023 (%)
Key companies Myrrh Essential Oil sales in global market, 2019-2024 (Estimated), (Kiloton)
Key companies Myrrh Essential Oil sales share in global market, 2023 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Myrrh Essential Oil, market overview.
Chapter 2: Global Myrrh Essential Oil market size in revenue and volume.
Chapter 3: Detailed analysis of Myrrh Essential Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Myrrh Essential Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Myrrh Essential Oil capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
