Global Tagetes Oil Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Industrial Grade, Pharmaceutical Grade and Others.

By Application;

Medicine, Pesticides, Cosmetics and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn391878501 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Tagetes Oil Market (USD Million), 2021 - 2031

In the year 2024, the Global Tagetes Oil Market was valued at USD 71.28 million. The size of this market is expected to increase to USD 100.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global Tagetes oil market represents a segment within the broader essential oils industry that is characterized by its distinct aromatic properties and diverse applications across various sectors. Tagetes oil is derived from the Tagetes minuta and Tagetes patula plants, commonly known as marigold or Mexican marigold. These plants are native to South America and are cultivated worldwide for their therapeutic and aromatic qualities.

Tagetes oil is renowned for its rich, fruity fragrance with citrus undertones, making it a popular ingredient in the fragrance and perfumery industry. It is widely used in the formulation of perfumes, colognes, and other personal care products due to its ability to impart a fresh and uplifting scent. Additionally, Tagetes oil is valued in aromatherapy for its calming and soothing properties, often used to alleviate stress, anxiety, and promote relaxation.

Beyond its aromatic uses, Tagetes oil has applications in the pharmaceutical and cosmetic industries. It is known for its antimicrobial and insect-repellent properties, making it a valuable ingredient in skincare products, insect repellents, and herbal medicines. The global market for Tagetes oil is influenced by factors such as consumer preferences for natural and sustainable products, advancements in extraction techniques, and regulatory trends impacting the use of essential oils in various end-use applications.

As demand for natural ingredients and holistic health solutions continues to rise, the Tagetes oil market is poised for growth. Market players are focusing on expanding their product portfolios, enhancing extraction methods, and exploring new applications to capitalize on emerging opportunities in the global market. This dynamic landscape underscores the importance of understanding consumer trends and regulatory frameworks to navigate and succeed in the competitive Tagetes oil market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Tagetes Oil Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Natural and Organic Products
        2. Growth in Aromatherapy and Alternative Medicine
        3. Rising Consumer Awareness about Benefits of Essential Oils
        4. Expansion of Cosmetic and Personal Care Industries
        5. Rising Use in Perfumery and Fragrance Applications
      2. Restraints
        1. Seasonal Variability in Tagetes Oil Production
        2. Regulatory Challenges and Compliance Requirements
        3. Limited Supply Chain Transparency
        4. Price Volatility of Raw Materials
        5. Competition from Synthetic Fragrance Ingredients
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Development of New Applications in Pharmaceuticals
        3. Innovation in Extraction and Processing Technologies
        4. Partnerships and Collaborations with Cosmetic Brands
        5. Increasing Focus on Sustainable Sourcing Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Tagetes Oil Market, By Type, 2021 - 2031 (USD Million)
      1. Industrial Grade
      2. Pharmaceutical Grade
      3. Others
    2. Global Tagetes Oil Market, By Application, 2021 - 2031 (USD Million)
      1. Medicine
      2. Pesticides
      3. Cosmetics
      4. Others
    3. Global Tagetes Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Albert Vieille SAS
      2. Ernesto Ventós, S.A.
      3. Fleurchem, Inc.
      4. Berje Inc.
      5. Vigon International, Inc.
      6. AOS Products Pvt. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market