Global Sandalwood Essential Oil
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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"Global Sandalwood Essential Oil market size 2025 is $505 Million whereas according out published study it will reach to $708.867 Million by 2033. Sandalwood Essential Oil market will be growing at a CAGR of 4.33% during 2025 to 2033."
As per the current market study, out of 505 Million USD global market revenue 2025, North America market holds 26.62% of the market share. The North America Sandalwood Essential Oil industry grew from 116.875 Million USD in 2021 to 134.431 Million USD in 2025 and will record 86.94% growth. In coming future this industry will reach 182.321 Million by 2033 with a 3.882% CAGR. If we look at the percentage market shares of top North America countries for 2025,United States (80.26%), Canada (12.24%), Mexico (7.50%)
As per the current market study, out of 505 Million USD global market revenue 2025, Europe market holds 21.30% of the market share. The Europe Sandalwood Essential Oil industry grew from 93.347 Million USD in 2021 to 107.565 Million USD in 2025 and will record 86.78% growth. In coming future this industry will reach 148.862 Million by 2033 with a 4.145% CAGR. If we look at the percentage market shares of top Europe countries for 2025,United Kingdom (11.90%), Germany (18.40%), France (10.70%), Italy (5.10%), Russia (11.80%), Spain (6.60%), Sweden (4.90%), Denmark (4.50%), Switzerland (4.10%), Luxembourg (2.90%), Rest of Europe (19.10%)
As per the current market study, out of 505 Million USD global market revenue 2025, Asia Pacific market holds 37.50% of the market share. The Asia Pacific Sandalwood Essential Oil industry grew from 158.988 Million USD in 2021 to 189.375 Million USD in 2025 and will record 83.95% growth. In coming future this industry will reach 278.585 Million by 2033 with a 4.943% CAGR. If we look at the percentage market shares of top Asia Pacific countries for 2025,China (39.50%), Japan (10.96%), India (18.80%), South Korea (4.60%), Australia (2.53%), Singapore (2.80%), South East Asia (15.37%), Taiwan (3.00%), Rest of APAC (2.44%)
As per the current market study, out of 505 Million USD global market revenue 2025, South America market holds 6.50% of the market share. The South America Sandalwood Essential Oil industry grew from 22.591 Million USD in 2021 to 32.825 Million USD in 2025 and will record 68.82% growth. In coming future this industry will reach 46.785 Million by 2033 with a 4.529% CAGR. If we look at the percentage market shares of top South America countries for 2025,Brazil (34.50%), Argentina (11.30%), Colombia (8.10%), Peru (5.30%), Chile (4.80%), Rest of South America (36.00%)
As per the current market study, out of 505 Million USD global market revenue 2025, Middle East market holds 4.86% of the market share. The Middle East Sandalwood Essential Oil industry grew from 20.715 Million USD in 2021 to 24.543 Million USD in 2025 and will record 84.40% growth. In coming future this industry will reach 30.907 Million by 2033 with a 2.924% CAGR. If we look at the percentage market shares of top Middle East countries for 2025,Saudi Arabia (37.70%), Turkey (23.50%), UAE (11.96%), Egypt (11.60%), Qatar (9.74%), Rest of Middle East (5.50%)
As per the current market study, out of 505 Million USD global market revenue 2025, Africa market holds 3.22% of the market share. The Africa Sandalwood Essential Oil industry grew from 13.725 Million USD in 2021 to 16.261 Million USD in 2025 and will record 84.40% growth. In coming future this industry will reach 21.408 Million by 2033 with a 3.497% CAGR. If we look at the percentage market shares of top Africa countries for 2025,Nigeria (24.80%), South Africa (42.80%), Rest of Africa (32.40%)
2021 | 2025 | 2033 | CAGR | |
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Global Sandalwood Essential Oil Market Sales Revenue | $ 426.24 Million | $ 505 Million | $ 708.867 Million | 4.33% |
North America Sandalwood Essential Oil Market Sales Revenue | $ 116.875 Million | $ 134.431 Million | $ 182.321 Million | 3.882% |
United States Sandalwood Essential Oil Market Sales Revenue | $ 94.271 Million | $ 107.894 Million | $ 145.419 Million | 3.801% |
Canada Sandalwood Essential Oil Market Sales Revenue | $ 14.072 Million | $ 16.454 Million | $ 23.045 Million | 4.301% |
Mexico Sandalwood Essential Oil Market Sales Revenue | $ 8.532 Million | $ 10.082 Million | $ 13.856 Million | 4.055% |
Europe Sandalwood Essential Oil Market Sales Revenue | $ 93.347 Million | $ 107.565 Million | $ 148.862 Million | 4.145% |
United Kingdom Sandalwood Essential Oil Market Sales Revenue | $ 10.922 Million | $ 12.8 Million | $ 18.012 Million | 4.362% |
Germany Sandalwood Essential Oil Market Sales Revenue | $ 16.709 Million | $ 19.792 Million | $ 28.284 Million | 4.564% |
France Sandalwood Essential Oil Market Sales Revenue | $ 10.268 Million | $ 11.509 Million | $ 15.184 Million | 3.524% |
Italy Sandalwood Essential Oil Market Sales Revenue | $ 5.134 Million | $ 5.486 Million | $ 6.997 Million | 3.087% |
Russia Sandalwood Essential Oil Market Sales Revenue | $ 11.388 Million | $ 12.693 Million | $ 16.97 Million | 3.697% |
Spain Sandalwood Essential Oil Market Sales Revenue | $ 6.441 Million | $ 7.099 Million | $ 9.676 Million | 3.947% |
Sweden Sandalwood Essential Oil Market Sales Revenue | $ 4.761 Million | $ 5.271 Million | $ 6.848 Million | 3.326% |
Denmark Sandalwood Essential Oil Market Sales Revenue | $ 4.294 Million | $ 4.84 Million | $ 6.55 Million | 3.853% |
Switzerland Sandalwood Essential Oil Market Sales Revenue | $ 4.014 Million | $ 4.41 Million | $ 5.806 Million | 3.496% |
Luxembourg Sandalwood Essential Oil Market Sales Revenue | $ 2.894 Million | $ 3.119 Million | $ 4.168 Million | 3.689% |
Rest of Europe Sandalwood Essential Oil Market Sales Revenue | $ 16.522 Million | $ 20.545 Million | $ 30.368 Million | 5.006% |
Asia Pacific Sandalwood Essential Oil Market Sales Revenue | $ 158.988 Million | $ 189.375 Million | $ 278.585 Million | 4.943% |
China Sandalwood Essential Oil Market Sales Revenue | $ 62.323 Million | $ 74.803 Million | $ 113.384 Million | 5.337% |
Japan Sandalwood Essential Oil Market Sales Revenue | $ 18.061 Million | $ 20.756 Million | $ 29.419 Million | 4.457% |
India Sandalwood Essential Oil Market Sales Revenue | $ 28.936 Million | $ 35.603 Million | $ 54.324 Million | 5.424% |
South Korea Sandalwood Essential Oil Market Sales Revenue | $ 8.108 Million | $ 8.711 Million | $ 11.422 Million | 3.445% |
Australia Sandalwood Essential Oil Market Sales Revenue | $ 4.34 Million | $ 4.791 Million | $ 6.491 Million | 3.868% |
Singapore Sandalwood Essential Oil Market Sales Revenue | $ 4.77 Million | $ 5.303 Million | $ 7.243 Million | 3.976% |
South East Asia Sandalwood Essential Oil Market Sales Revenue | $ 24.118 Million | $ 29.107 Million | $ 40.506 Million | 4.218% |
Taiwan Sandalwood Essential Oil Market Sales Revenue | $ 5.088 Million | $ 5.681 Million | $ 7.8 Million | 4.042% |
Rest of APAC Sandalwood Essential Oil Market Sales Revenue | $ 3.243 Million | $ 4.621 Million | $ 7.995 Million | 7.094% |
South America Sandalwood Essential Oil Market Sales Revenue | $ 22.591 Million | $ 32.825 Million | $ 46.785 Million | 4.529% |
Brazil Sandalwood Essential Oil Market Sales Revenue | $ 7.726 Million | $ 11.325 Million | $ 16.281 Million | 4.642% |
Argentina Sandalwood Essential Oil Market Sales Revenue | $ 2.621 Million | $ 3.709 Million | $ 5.006 Million | 3.819% |
Colombia Sandalwood Essential Oil Market Sales Revenue | $ 1.807 Million | $ 2.659 Million | $ 3.836 Million | 4.69% |
Peru Sandalwood Essential Oil Market Sales Revenue | $ 1.242 Million | $ 1.74 Million | $ 2.386 Million | 4.028% |
Chile Sandalwood Essential Oil Market Sales Revenue | $ 1.13 Million | $ 1.576 Million | $ 2.199 Million | 4.255% |
Rest of South America Sandalwood Essential Oil Market Sales Revenue | $ 8.065 Million | $ 11.817 Million | $ 17.077 Million | 4.71% |
Middle East Sandalwood Essential Oil Market Sales Revenue | $ 20.715 Million | $ 24.543 Million | $ 30.907 Million | 2.924% |
Saudi Arabia Sandalwood Essential Oil Market Sales Revenue | $ 7.706 Million | $ 9.253 Million | $ 11.615 Million | 2.883% |
Turkey Sandalwood Essential Oil Market Sales Revenue | $ 4.951 Million | $ 5.768 Million | $ 7.17 Million | 2.759% |
UAE Sandalwood Essential Oil Market Sales Revenue | $ 2.457 Million | $ 2.935 Million | $ 3.802 Million | 3.285% |
Egypt Sandalwood Essential Oil Market Sales Revenue | $ 2.362 Million | $ 2.847 Million | $ 3.647 Million | 3.144% |
Qatar Sandalwood Essential Oil Market Sales Revenue | $ 1.956 Million | $ 2.39 Million | $ 3.041 Million | 3.055% |
Rest of Middle East Sandalwood Essential Oil Market Sales Revenue | $ 1.284 Million | $ 1.35 Million | $ 1.632 Million | 2.4% |
Africa Sandalwood Essential Oil Market Sales Revenue | $ 13.725 Million | $ 16.261 Million | $ 21.408 Million | 3.497% |
Nigeria Sandalwood Essential Oil Market Sales Revenue | $ 3.376 Million | $ 4.033 Million | $ 5.395 Million | 3.704% |
South Africa Sandalwood Essential Oil Market Sales Revenue | $ 5.929 Million | $ 6.96 Million | $ 9.055 Million | 3.345% |
Rest of Africa Sandalwood Essential Oil Market Sales Revenue | $ 4.419 Million | $ 5.269 Million | $ 6.958 Million | 3.537% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Report scope is customizable as we have a huge database of Sandalwood Essential Oil industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Sandalwood Essential Oil Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Growing Interest in Cosmetics and Personal Care Products
Sandalwood oil is a popular ingredient in skincare products because of its anti-inflammatory, antibacterial, and antioxidant qualities. Customers looking for natural remedies for skin health and anti-aging are served by its inclusion in moisturizers, creams, lotions, and serums. This tendency is especially noticeable in high-end product categories.
Growth in the Use of Aromatherapy and Wellness
Sandalwood oil's soothing and anchoring scent has solidified its place in aromatherapy techniques meant to promote mental clarity and stress reduction. Its demand in wellness routines has increased due to the increased focus on mental health and holistic well-being.
Concerns about Overharvesting and Sustainability
Natural populations of sandalwood trees have significantly declined as a result of overexploitation, especially in Australia and India. Prices have gone up as a result of this shortage, and regulators and customers are now more concerned about ethics and the environment.
High Costs of Production
Sandalwood oil extraction is an expensive and time-consuming procedure that affects the oil's ultimate price. For producers who want to follow sustainable harvesting guidelines, the sluggish growth rate of sandalwood trees and the high cost of production provide financial difficulties.
New Developments in Extraction Methods
The manufacturing of sandalwood oil is becoming more sustainable and efficient thanks to developments in extraction technology like supercritical CO? extraction. These techniques produce premium oil with little harm to the environment, satisfying consumer demands for green products.
Including Luxury Products
Sandalwood oil is being used more and more in luxury products, such as expensive spa treatments, boutique cosmetics, and perfumes. Customers looking for natural ingredients and exclusivity in personal care and fragrance products are drawn to its exotic scent and apparent health advantages.
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Chemical and materials companies are facing some challenges including stringent rules & regulation, supply chain disruption along with raw material price volatility. Thus, some of the key players are adopting new technologies to enhance their product portfolio. Now days digital technologies play an important role in this sector because it improves efficiency, operations and productivity of the plant. This study helps you to understand the competitor’s revenue generation, key strategies, recent development coupled with its S.W.O.T analysis.
Top Companies Market Share in Sandalwood Essential Oil Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The regional analysis offers Sandalwood Essential Oil market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in Sandalwood Essential Oil market . Sandalwood Essential Oil market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.
The current report Scope analyzes Sandalwood Essential Oil Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Sandalwood Essential Oil Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Sandalwood Essential Oil Industry growth. Sandalwood Essential Oil market has been segmented with the help of its Type, Application , and others. Sandalwood Essential Oil market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2021 to 2033. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Type of Sandalwood Essential Oil analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sandalwood Essential Oil Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Sandalwood Essential Oil Market.
Some of the key Application of Sandalwood Essential Oil are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Sandalwood Essential Oil Market is witnessing significant growth in the near future.
In 2023, the Indian Sandalwood Essential Oil segment accounted for noticeable share of global Sandalwood Essential Oil Market and is projected to experience significant growth in the near future.
The Cosmetics Industry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies DoTERRA International, TFS Corporation and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Indian Sandalwood Essential Oil, Australian Sandalwood Essential Oil, Other |
Application | Cosmetics Industry, Pharmaceuticals Industry, Other |
List of Competitors | DoTERRA International, Eden Botanicals, TFS Corporation, Santanol Group, RK Essential Oils Company, Meena Perfumery, Royal Aroma, Sallamander Concepts, Naresh International, Essentially Australia, Katyani Exports, New Mountain Merchants, Dru Era, Amrit Fragrances, A.G. Industries, Jiangxi Jishui, Jinagxi Xuesong, Blue Bell Fragrances, Ravindra & Sons, Sandalwood Forest |
This chapter will help you gain GLOBAL Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review Global Sandalwood Essential Oil Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review North America Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review Europe Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review Asia Pacific Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review South America Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review Middle East Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Sandalwood Essential Oil. Further deep in this chapter, you will be able to review Middle East Sandalwood Essential Oil Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Sandalwood Essential Oil. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Sandalwood Essential Oil market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Indian Sandalwood Essential Oil have a significant impact on Sandalwood Essential Oil market? |
What are the key factors affecting the Indian Sandalwood Essential Oil and Australian Sandalwood Essential Oil of Sandalwood Essential Oil Market? |
What is the CAGR/Growth Rate of Cosmetics Industry during the forecast period? |
By type, which segment accounted for largest share of the global Sandalwood Essential Oil Market? |
Which region is expected to dominate the global Sandalwood Essential Oil Market within the forecast period? |
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