Jasminum officinale is flower species, commonly known as jasmine and belongs to olive family of flowering plants. In terms of characteristics, this flower has very good scent and sharp pointed pinnate leaves and used as an extract and as well as its oil extracted from jasminum officinale (Jasmine) has wide application in cosmetic and healthcare industry. In essential oil segment, jasminum officinale is also known as king of oils and extracted from solvent extraction process. Asia-Pacific countries are the largest producers of jasminum officinale in the world.
Market Dynamics of Jasminum Officinale:
Key market driver which influence the demand of jasminum officinale is from manufacturers of cosmetic industry as it is one of the prime ingredient which is used in cosmetic products because of its sweet scent and natural fragrance. On the other side, this product is also trending in market due to its heavy demand among the health conscious consumers, as they always seeks for cosmetics products made from herbal ingredient and free from side effects. Jasminum officinale is also gaining demand from medicinal purpose where its oil is mostly used in therapies, skin diseases, itching, ulcer and to cure from many other health related problems.
Market of jasminum officinale is segmented on the basis of form and application. On the basis of form jasminum officinale is segmented into powder, extract and liquid form. As per the application, jasminum officinale is segmented in three different segment which includes cosmetic industry, medicinal purpose, home care products and other (food and beverage). Demand of jasminum officinale is growing from the cosmetic industry where its flowers and its oil used in perfumes, body lotions, cream, shampoos, hair oil, soaps, talcum powder and in many other body care products. Increasing middle...