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Celery is an aromatic herb that is grown as a crop. Celery is also cultivated for its seeds derived from plant flower petals. The seeds yield have an incredibly strong scent. The long seeds are processed to derive oil. Celery seed oil has an oaky, and have warm aroma. Oil derived from seed of celery serves as a potent detoxification agent and acts as an effective detoxifier. It can also be used to treat headache fatigue, nervousness etc.
Recent improvements in manufacturing facilities and mechanisms, has helped the global celery seed oil market to grow. The production method of this product has significantly become efficient, as a result of companies which now indulge in manufacturing high-grade celery oil with a longer lifespan. Thus, technological advances have played an essential part in the manufacturing process, thus driving market growth.
Agricultural celery production, however, involves much water retention, rich soil for healthy growth, and lower temperatures, which affects celery seed oil manufacture overall thus restraining the market. If optimal conditions aren't met, the crop yielded is average thus larger investments to guarantee a sustainable yield is required which in turn restrains the market.
Key Market Driver -
Strong growth in technical advancements drives the market.
Key Market Restraint -
Non-favorable environmental conditions are expected to restrict the market growth.
Based on product type, the market for celery seed oil is further segmented into organic celery seed oil and conventional celery seed oil. Based on application, the market for celery seed oil is further segmented into food & beverages, pharmaceuticals, personal care and others.From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global celery seed oil market is fairly fragmented, with a number of global & regional players operating. Some of the key players in the celery seed oil market includes Katyani Exports, Kanta Enterprises Private Limited, Rakesh Sandal Industries, Indian Spice Oil Industries, SVA Organicsis, BOS Natural Flavors (P) Limited, Imperial Extracts, Expo Essential Oils, Sri Venkatesh Aromas, Suminter India Organics, Pioneer Enterprise, KWS SAAT SE & Co. KGaA and others.
In terms of Geography, the celery seed oil market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region dominates the celery seed oil market owing to the fact that celery develops well in this area, which has led to huge cultivation and development of celery seed oil, due to prevailing climatic conditions. The North American population consumes more amounts of celery. The market for celery seed oil in this region is projected to accelerate massively due to increased understanding of the importance of the oil resulting in more people eating the product. Europe has a prominent market share as the general willingness to purchase goods due to growing spending power. The growing emphasis on maintaining a healthy lifestyle has also influenced personal decision-making processes across the globe. Because of the variety of applications such as being used as a flavour enhancer in food items, Middle East and Africa are forecasted to face steady growth. This is one of the factors that will affect the global demand for celery seed oil sales growth positively. Latin America is expected to have relatively slow due to the less number of modern equipements avialable in the market.
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