Juniper berry oil is derived from the ripe fruit of the juniperus species, which include juniperus communis, juniperus phoenicea, and others. Juniper berry oil is generally employed in the food and beverage business, where it is primarily used as a flavoring in food cuisines, but it is also in high demand for pharmaceutical, cosmetics, and personal care goods due to its antibacterial and therapeutic characteristics. It is used to treat digestive issues, gas, bloating, urinary problems, and other ailments.In cosmetics and personal care goods, however, it is utilized as a fragrance in soaps, skin care products, bath oils, hair care, and a variety of other products. The global market for juniper berry oil is dominated by North America, Western Europe, and Asia-Pacific countries, particularly in the culinary industry as well as cosmetics and personal care goods.
Companies Covered:
NHR ORGANIC OILS, MOUNTAIN ROSE HERBS, Florihana Distillerie, Jiangxi Baicao Pharmaceutical Co., Ltd., Inovia International, Biolandes, Eden Botanicals, Young Living Essential Oils, Kanta Enterprises Private Limited, Guangzhou Chumu Trading Co., Ltd., Thracian Oils, and others.
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COVID-19 Impact Analysis
- COVID-19 has a direct and detrimental influence on the global market for juniper berries. Because a disrupted distribution system tends to diminish berries consumption globally, value addition activities were significantly impacted.
- Changes in consumer spending, labor availability, logistics, and trade will all have an impact on juniper berries market.
- COVID-19 has made consumers more health conscious and they are now consuming healthier foods. This is expected to benefit the juniper berries market; there is huge growth potential in the market.
Top Impacting Factors
- The increasing demand for juniper berry oil as a taste and for fragrance purposes is one of the key factors impacting demand in the global market. Juniper berry oil is used as a condiment and flavoring component by food and beverage industries.
- Manufacturers are increasingly requesting juniper berry oil as a natural component or flavor due to rising demand for juniper berries in liquor and other flavored beverages on the global market. On the other hand, due to its medical characteristics, juniper berry oil is becoming increasingly popular in the pharmaceutical business.
- The use of juniper berry oil in cosmetics and personal care products is on the rise, particularly in foundation creams, lotions, hair conditioners, scents, soap, and a variety of other items. The expense of production and rising market pricing of juniper berry seeds are two problems that are limiting the expansion of juniper berry oil in the near future. Furthermore, the availability of replacement oils such as lavender oil, clove oil, and other essential oils is projected to limit market growth during the projection period.
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Market Trends
Juniper berries grown organically are still in high demand
Organic food is becoming increasingly popular around the world. Fresh juniper berries grow in the same way that dried juniper berries do. Because organic juniper berries are in high demand in North America and Europe, growers of juniper berries in a range of nations, including Turkey, the United States, and Greece, is cultivating organic juniper berries to capitalize on the current market trend for organic products.
Furthermore, organic juniper berries have a higher market value than regular juniper berries. Producers of organic dried juniper berries, on the other hand, outweigh those of organic juniper berries. This is due to the fact that juniper berries have a lower shelf life, necessitating the use of preservatives to lengthen it. As a result, the biological quality of the juniper berries is compromised. Organic juniper berries are also in high demand throughout the Middle East, particularly in the United Arab Emirates, where consumers are becoming more aware of the advantages of organic products.
Weather changes have a big impact on juniper berries output, worsening the demand-supply gap
Climate change is occurring all across the world, and this has a significant impact on agricultural productivity. The regional climate in Mediterranean countries also varies significantly. Because juniper berries only grow once a year in a specific season, any bad climatic conditions could have a severe impact on the fruit’s production and quality. Juniper berries are very susceptible to illnesses; therefore the impact of climate on fig production is a crucial factor affecting availability.
Turkey, which is located in the Mediterranean region, is one of the world’s main juniper berries producers. Variable weather circumstances in this region are severely limiting production output and causing market instability.The value of juniper berries production in Turkey has been impacted by the country’s changing environment, resulting in a major decrease in juniper berries production.
Key Benefits of the Report
- This study presents the analytical depiction of the Juniper Berry industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Juniper Berry Market share.
- The current market is quantitatively analyzed from 2020 to 2028 to highlight the Juniper Berry Market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Juniper Berry Market analysis based on competitive intensity and how the competition will take shape in coming years.
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