Haitian Vetiver Oil Market 2016 Share, Trend and Forecast Haitian Vetiver Oil Market - Global Industry Analy | Page 2
benefits dry, irritated and dehydrated skin, and helps reduce wrinkles and stretch
marks.
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Europe to Maintain Lead on Global Haitian Vetiver Oil Market
Geographically, the worldwide market for Haitian vetiver oil reports its presence
across Asia Pacific, Europe, Latin America, the Middle East and Africa, and North
America. With a share of nearly 75%, Europe dominated the overall market in 2016
and is expected to retain its position over the forthcoming years.
North America acquired the second position in this market in 2016. Researchers
predict the regional market to maintain it in the near future; however, with a decline
in its market share due to higher dependency on outer sources for growing vetiver.
The increasing interest of consumers in product quality and safety, which is
projected to shift their focus towards the origin and traceability of raw materials on
account of the high usage of synthetic chemicals in the agriculture sector, is also
anticipated to reflect negatively on the North America market for Haitian Vetiver oil
over the years to come.
Haiti Essential Oil Co. SA, Fleurchem Inc., Floracopeia Inc., Ernesto Ventos SA.,
Robertet Groupe, Frager S.A., UniKode S.A., Lluch Essence Sl., and International
Fragrance and Flavor Inc. are some of the key players functional in the market for
Haitian vetiver oil across the world.
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