Vetiver Oil Market Size, Share, Trends, Growth, Forecast & Analysis 2033

The Global Vetiver Oil Market was valued at USD 61.41 million in 2024 and is expected to grow at a strong CAGR of around 6.7% during the forecast period (2025-2033F),

Vetiver oil is a natural essential oil that is made from steam distillation of the roots of the perennial grass (Chrysopogon zizanioides). It is famous because of its woody, deep, earthy scent and high fixation power. Due to this, it is used as a major constituent in fine perfumes, cosmetics, and personal care products. Aromatherapy Vetiver oil is also a calming and grounding oil, commonly used in traditional medicine due to its possible therapeutic properties. It is also used in the flavouring of foods and as a natural insect repellent.

Growth in the Adoption of Advanced Extraction Technologies

Adoption of advanced extraction technologies is a crucial future market trend in the vetiver oil market, as manufacturers seek to increase oil yield, purity, and aroma consistency. Techniques used in the modern world include enhanced steam distillation, fractional distillation, and solvent-free extraction to preserve the oil's complex aromatic profile and minimize thermal degradation. Such technologies also contribute to increased process efficiency, reduced waste, and sustainable production. In addition, advanced technology makes the extraction process more efficient and provides more quality assurance, which is needed to achieve the high standards of high-end use in fragrance, cosmetic, and pharmaceutical products, leading to the growth of the vetiver oil market.

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Rising Investments in Product Launches Accelerating Vetiver Oil Market Growth

Growing investments by manufacturers of vetiver oil in launching new products are significantly driving the vetiver oil market. Some of the new combinations are of innovative blends, high-quality oils, and segment-specific formulations that are being introduced by companies to serve the perfumery, personal care, aromatherapy, and wellness sectors. These innovative product launches help manufacturers enhance their product portfolios, serve niche and high-margin markets, and reinforce brand presence. Moreover, greater marketing and R&D will enable the company to achieve higher quality, greater consistency, and a more sustainable positioning, further attracting the attention of global consumers. The sustained product innovation consequently remains in demand in the industries, which contributes to the long-term market growth.

For instance, in July 2023, VedaOils launched a comprehensive cosmetic raw material range to support personal care and beauty brands with high-quality formulation ingredients such as vetiver oil. The newly introduced portfolio included emollients, emulsifiers, botanical extracts, and functional additives, aimed at helping brands develop effective and customized personal care products.

Technological Advancements and Product Innovation Shaping the Vetiver Oil Market

The use of modern extraction technology to increase the yield of oil, quality, and sustainability of the product to the standards of the end-use industries has been supporting the vetiver oil market. At the same time, an increase in investments in innovative product releases is widening areas of application, promoting branding, and enhancing long-term market development through innovation and expansion of the portfolios. According to UnivDatos, the growing adoption of aromatherapy and wellness products, supported by increasing consumer focus on mental well-being, is the major factor driving the growth of the Vetiver Oil market.

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