The global Hydrosols Market is expected to grow at a CAGR of 5.75% during the forecast period and is expected to reach a value of USD 949.61 Million during the assessment period. Hydrosols are also known as herbal distillates, herbal waters, floral waters, aqueous water, and vital waters. It is called the aqueous product since it is usually made up of hydro distillation of fresh plants. They are a by-product of the essential oil production process and have many of the same properties as essential oils. It is now frequently utilized because many people are aware of its medical properties. The therapeutic qualities of some hydrosols are likely driving up demand for hydrosols. It is also commonly used to make lotions, natural scents, facial toners, creams, and other toiletry and skincare products as a water substitute. The hydrosol technique is carried out by market players that are extremely similar to pure essential oils. As a result, the hydrosols industry's growth is reliant on the growing popularity of aromatherapy and the need for flowery smells.
Because of the lockdown and strong social distancing standards across many countries, the continuous COVID-19 epidemic has caused further destruction for industrialists, producers, and marketers. The hydrosols market has also been impacted, as its supply chain and manufacturing chain have been disrupted in recent years. This worldwide market has also lost a significant number of investors as a result of the pandemic.
Based on the category, the global Hydrosols Market has been segmented into conventional and organic.
Based on the source, the global market has been segmented into roman chamomile, rose, lavender, neroli, and others.
Based on the distribution channels, the global market has been segmented into non-store-based and store-based (convenience stores, supermarkets & hypermarkets, and others).
Based on the region, the global market has been segmented into North America (the US, Canada, and Mexico), Asia-Pacific (Japan, India, Australia and New Zealand, China, and the rest of Asia-Pacific), Europe (France, Germany, UK, Spain, Italy, and the rest of Europe), and the Rest of the World (Middle East Africa and South America).
The European region is projected to have a monopoly on the global market. Furthermore, during the assessment period, this region is expected to increase its Hydrosols Market share. The rising demand for organic ingredients in personal care products is boosting this regional industry. Furthermore, a country like Italy is regarded as a center for well-known fragrances and perfumes, fuelling the market's demand in the region. During the review period, the Asia Pacific area is expected to be the fastest-growing region. Because of people's changing living standards and the growing popularity of aromatic items in the region, regional sales of hydrosols in the Asia-Pacific are driving the global market growth. Furthermore, this location is thought to have abundant raw materials and low-cost labor. As a result, the industry heavyweights are directing their attention to this region to improve their production facilities and boost the regional market growth.
The major key players in the market are Sydney Essential Oil Co. Pty Limited, Aromatic International LLC, The Soap Kitchen Ltd., Plant Therapy Essential Oils, The Mountain Rose Herbs, Eden Botanicals, Hydrosol World Inc., Neo Essential Oils, Moksha Lifestyle Products, and Green Valley Aromatherapy Ltd. The Hydrosols Market is growing day by day as a result of the combined efforts of market titans who are adopting new ideas and techniques to boost the market growth.
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