According to Cognitive Market Research, The Global Litsea Cubeba Oil market size will grow at a compound annual growth rate (CAGR) of 6.69% from 2023 to 2030.
The demand for the litsea cubeba oil market is rising due to increasing demand for fragrance in various applications, such as cosmetic and personal care products, detergents & cleaners, Air Fresheners, food flavors, etc.
Demand for fragrance remains higher in the litsea cubeba oil market.
The 75% purity category held the highest litsea cubeba oil market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific litsea cubeba oil market will experience the strongest growth until 2030.
