Oakmoss Extract Market Size, Share, Opportunities, And Trends By Application (Food And Beverages, Cosmetics, Others), By Nature (Organic, Conventional), By End-User (Individuals, Industry), And By Geography - Forecasts From 2024 To 2029

The oakmoss extract market is anticipated to expand at a high CAGR over the forecast period.

The Oakmoss is a species of lichen. It is usually found in mountain forests throughout the Northern Hemisphere. Oakmoss grows on the trunk and branches of oak trees but is also commonly found on the bark of other deciduous trees and confiners such as fir and pine. It can be identified as green and yellowish growth on tree branches and trunks. Oakmoss extract is widely used in the making of perfumes. Oakmoss extract is used in the cosmetic, food, and beverage industries.

Oakmoss is generally available in the market in oil form. It is mainly derived from 2 sources that are naturally procured from branches of an oak tree from which it is extracted through steam distillation.

The cosmetic industry holds a notable share of the oakmoss extract market. It is also used in the cosmetic industry and the food and beverage industry. Oakmoss extract is available in the market in the form of oil. Growing demand for natural essential oils has played a pivotal role in driving the oakmoss extract market growth.

Market Drivers

• Growing demand for aromatherapy

Oakmoss extract is used in the form of oils for aromatherapy. It is a naturopathic remedy that boosts well-being and also helps in improving both our psychological as well as physiological health. Increasing anxiety, and depression in today’s world are among the few major concerns faced by this generation. According to World Health Organization estimates, 3.8% of the world population experience depression, which accounts for around 280 million people, including 5% of adults, and 5.7% of adults older than 60 years. The data suggest that increased anxiety, stress, and depression contributed to increased demand for aromatherapy. Thus, being a major contributor to the increased oakmoss extract demand.

• Growing demand for organic essential oil-

Increasing demand for organic products is considered one of the primary drivers for increasing demand for oakmoss extract. Increasing consumer awareness about the products having natural and organic ingredients contributes to increasing oakmoss extract demand.

A product in this trend is Oakmoss absolute, which is extracted from oakmoss through solvent extraction. It is also known as moss oil and is generally used as a fixative in the perfume industry. Apart from being used for making perfumes, it is also used in creams due to its restorative and healing properties. Additionally, Oakmoss Oil derived from the lichen that grows on oak trees is used in making premium perfumes it also has some medicinal properties such as clearing nasal congestion, antiseptic properties, and restoring immunity. The scope of cosmetic applications and the growing consumer demand for organic products collectively drive the increasing demand observed in the oakmoss extract market.

Market Restraints

• Limited availability and stringent regulations

The limited availability of oakmoss and the high production cost hamper the market growth, thus making it a premium alternative to synthetic options available in the market. Its extraction process requires skilled personnel, specialized at handling equipment and expertise. The Oakmoss Extract market faces challenges due to the strict regulations and guidelines imposed by regulatory authorities. As per International Fragrance Association (IFRA) guidelines, fragrances are not permitted to contain more than 0.1% oakmoss extract, thus resulting in its classification as a restricted ingredient. This creates impediments to the market growth.

Oakmoss extracts market by end-users is segmented into Individuals and Industry.

The oakmoss extracts market is categorized based on end-users into two main segments: individuals and industry. Under the individuals segment, subcategories include fragrances, skincare, and aromatherapy. Meanwhile, the industry application segment comprises the fragrance, cosmetics, and food and beverage industries.

Europe is anticipated to hold a significant share of the oakmoss extract market.

Europe is anticipated to hold a notable share of the oakmoss extract market. Increasing awareness and health consciousness among consumers in the region propels the demand for organic ingredients in the product. Oakmoss extracts essential oils are highly in demand due to their natural fragrance and long-lasting properties. Apart from being used as an ingredient in perfumes it also contains medicinal benefits such as antiseptic, anti-inflammatory, and antioxidant qualities. Its medicinal properties are driving growth in the European market, as people are looking for more natural alternatives because of growing health concerns.

Company Products

• Devinez Oakmoss Resinoid Essential Oil – Devine Zinda has introduced Devinez Oakmoss Resinoid Essential, priced at Rs.422 on its official website. Its main components are atranorine, delta usnic acid, and evernic acid. The essential oil is extracted first by the solvent extraction method, and then the final product is obtained by a vacuum distillation method.  Its benefits are improving skin health, healing of scars, and reduction of swelling.
• Oakmoss - 100% Pure Essential Oil)- Oakmoss - 100% pure essential oil is promoted by Sultan fragrances, and costs Rs. 1000 for a 3 ml bottle. It is an extremely thick oil with deep earthy, woody, mossy, smokey notes and has a tobacco-like undertone. It is first extracted from the lichen by solvent extraction and then through vacuum distillation. The oil has a wonderful fragrance, and it blends well with other essential oils. Some of its medical benefits are clearing congested nasal passages, antiseptic properties, and helping with digestion-related problems.
• Pure Oakmoss Essential Oil- Dev Herbs sells pure oakmoss essential oil at the cost of Rs. 252 for a 5 ml dropper bottle. The oil acts as a restorative agent and helps in reducing aging signs. Oil has rapid healing properties and also helps in restoring the cells, tissues, and muscles to their healthy states. It helps in restoring the immunity. It soothes the skin and keeps it soft by maintaining the moisture and oil balance of the skin.

Market Segmentation

• By Application
  • Food and Beverages
  • Cosmetics
  • Others
• By Nature
  • Organic
  • Conventional
• By End User
  • Individuals
  • Industry
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others