Arnica Oil Market Report

The global Arnica Oil market is expected to benefit from increasing demand for Arnica among personal care and pharmaceutical industries. Arnica Oil is a herbal formulation used for the treatment and relief of bruises, joint pain, swellings, inflammation caused by insect bites, or sore muscles. Arnica plant is known to possess excellent anti-inflammatory properties.

The Arnica Oil market has been undergoing a number of innovations since past few years. For instance, John Aromas has introduced Arnica Extract LIQUID. The extracts of Arnica are deployed in homeopathic medicine for the treatment for various conditions such as pains, acne, boils, rashes, bruises, sprains, and various other wounds.

Manufacturers to Take up Product Development and Innovation as a key Growth Strategy

Vege Tech Co., Wheezal, Greentech, Prod’Hyg, Health and beauty Natural Oils, John Aromas, Carrubba Inc., Grau-Aromatics, and Inovia International are some of the major manufacturers operating in the Arnica Oil market. Manufacturers are involved in product development, innovations, mergers, partnerships, extensive research and development, and expansion of the production capacity.

For instance, one of the key companies, Wheezal has introduced Arnica Hair Treatment Oil. It helps in maintaining healthy hair growth and slowing down hair loss. In addition, it aids nourishment of scalp and hair follicles and improves blood circulation to the scalp. It also serves as a nervous tonic and provides relaxation and soothing effect to the brain.

Surge in the Demand from the Pharmaceutical Industry to Drive the Market

Demand for Arnica is increasing among the pharmaceutical industry on account of its anti-inflammatory properties. Growing usage of Arnica Oil in perfumes, cosmetics, hair tonics, and anti-dandruff preparations is also anticipated to fuel the market growth in the near future. Moreover, application of arnica is predicted to witness a surge in the food industry as a flavor ingredient in beverages, candy, baked goods, frozen dairy desserts, gelatins, and puddings.

Increasing awareness among the consumers regarding the health benefits of natural products over chemical and conventional products may create a robust demand for Arnica Oil. Extensive research and development by the manufacturers is likely to open novel avenues for the Arnica Oil market. However, strict government regulations may act as a major restraining factor in the market growth. Additionally, there is a lack of evidence regarding its safety, which may hamper the overall market growth.

Market Segmentation

By Type

●  Pure

●  Infused

By Form

●  Oil

●   Pellets

●  Topical gels

●  Creams

By Channel

●  Direct

●  Indirect

Demand for pure Arnica Oil is estimated to rise on account of increasing consumer preference for natural and organic products. According to the analysts, Homoephatic Arnica is likely to gain traction in the form of pellets or tablets as demand for pain relief medicine is on the rise among the customers. Arnica is also found as a herbal OTC medicine in the form of creams, ointments, and gels, which may gain demand in the near future. The report also offers detailed analysis of the channel segments of Arnica Oil market including direct and indirect.

By Region

Large scale production of Arnica Montana in Europe is playing a key role in driving the Arnica Oil market. In addition, presence of leading companies in this region may create growth opportunities for the Arnica Oil market growth. Surge in the usage of herbal extracts and growing demand for Arnica Oil from pharmaceutical and personal care industries are predicted to bode well for the Arnica Oil market in North America. Asia Pacific is expected to witness lucrative growth in the near future owing to growing consumer inclination towards herbal and natural products, which is attributed to their low side effects.

The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.

Analysts have used investigative approach to deduce important elements pertinent to the industry. The reports are aimed towards giving the reader a holistic approach about the industry’s development and future scenario. Competitive landscapes have been written with in-depth analysis of the historical data and careful understanding of the management styles. QYR Consulting aims to provide the readers a guided approach towards making well-informed business decisions through its research reports.