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Hydrosols Market size was valued at USD 700 million in 2022 and is projected to grow at over 5.5% CAGR from 2023 to 2032, driven by the rising demand for essential oils. The market will expand rapidly due to rising customer interest in organic and natural skincare and body items such as perfumes. Furthermore, the growing use of hydrosols in topical creams due to their anti-bacterial, antiseptic, anti-inflammatory, and antioxidant properties is fueling the industry growth. Moreover, high product adoption due to its pleasant smell and as an effective toner will drive the market demand.
Hydrosol is the water-soluble portion of the plant and is an important by-product of the essential oil formulation process since it has the same qualities as an essential oil. It is the water-based product of steam distillation of flowers, fruits, leaves, and other plant materials. Rising demand for organic cosmetics and body care products will propel the market growth.
Report Attribute | Details |
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Base Year: | 2022 |
Hydrosols Market Size in 2022: | USD 700 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.8% |
2032 Value Projection: | USD 1.2 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 244 |
Segments covered: | Type, Source, End-Use |
Growth Drivers: |
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The COVID-19 pandemic had a negative impact on the hydrosol industry landscape since product demand for the manufacturing of perfumes and other body products declined. Many perfume businesses were negatively impacted due to poor demand, harvests of important components were going unpicked, and the supply of alcohol was disrupted, all while consumer demand fluctuated. However, the hydrosol market is set to gain momentum in the post-pandemic period as consumers’ purchasing power stabilizes, coupled with the resumption of raw material supply chain worldwide.
Essential oils are natural sources of components used in scents and flavorings, and they are frequently used in aromatherapy product blends with other essential oils. Although essential oils and hydrosols share some properties, hydrosols have a much higher water content, making them gentler than essential oils and allowing them to be applied directly to the skin without the need for dilution. They are utilized in cosmetics as scent components, as well as for their 'active' cosmetic characteristics. There is also an increase in demand for exotic essential oils for the cosmetics and fragrance industries.
The hydrosols market size from the flower segment will expand at 5.5% CAGR through 2032. The extensive usage of hydrosols derived in aromatherapy and perfumery due to their pleasant and aromatic fragrance is driving the market expansion. Furthermore, their increasing use in the production of natural skincare products due to their moisturizing and toning properties is projected to boost segment growth.
The hydrosol market value from the food and beverage segment reached USD 370 million in 2022. Hydrosols have emerged as a vital flavoring component in foods and beverages owing to their rich antioxidant properties and ongoing R&D for novel antimicrobials to control germs in foods. Furthermore, rising consumer demand for ready-to-eat food products with natural preservatives is supplementing segment growth.
Europe hydrosols market was worth USD 250 million in 2022. Hydrosols are gaining traction for their antimicrobial activity in vitro as well as in food matrices, particularly for preventing the growth of pathogenic and spoilage microorganisms, including fungi and bacteria. Increasing usage of hydrosols, particularly in food production, by manufacturers in the region is foreseen to drive business growth.
Some of the leading companies operating in the hydrosol market are:
These firms concentrate on advancing the development of innovative products and adopting expansion tactics to maintain their market position.
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