Product Code: ETC087283 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India thyme oil market import shipment demonstrated steady growth with a CAGR of 3.0% from 2020 to 2024. Notably, there was an acceleration in growth momentum between 2023 and 2024, with a growth rate of 11.7%. The market expanded consistently over the period, indicating a positive trend in import shipments.
India is emerging as a leading producer of thyme oil, with an estimated annual production of around 1,000 tons. The demand for essential oils in the country has been increasing due to its therapeutic and cosmetic benefits. Growing awareness regarding health and wellness among consumers has also led to increased consumption of such products. Additionally, manufacturers are introducing innovative product formulations by blending thymol into other essential oils such as eucalyptus and rosemary for added advantages.
Some key drivers that have contributed to the growth of India thyme oil market include rising disposable incomes, healthcare expenditure, growing consumer preference for natural ingredients in personal care products and cosmetics, increasing demand from food & beverages sector etc. Increasing use of aromatherapy in spas & wellness centers is another major factor boosting the market growth prospects. Furthermore, favorable government initiatives promoting agricultural trade, exports and investments have supported business expansion opportunities for regional players operating in this space.
High prices associated with thyme oil compared to other essential oils is a major challenge faced by industry participants in India market landscape. Moreover, availability issues related to raw materials could hamper future growth prospects if not addressed properly on time.
Key players operating across Indiathyme oil industry include Aromaaz International Pvt Ltd., VedaOils Natural Solutions Private Limited (Vedaoils), Synthiko Flavours & Fragrances Pvt Ltd., Kanta Enterprises Pvt Ltd., Ungerer & Company India Pvt Ltd., Mountain Rose Herbs LLC (MRH), Radico Remedies Pvt Ltd., Amba Investchem LLP (AI) amongst others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thyme Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thyme Oil Market Revenues & Volume, 2021 & 2031F |
3.3 India Thyme Oil Market - Industry Life Cycle |
3.4 India Thyme Oil Market - Porter's Five Forces |
3.5 India Thyme Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 India Thyme Oil Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.7 India Thyme Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Thyme Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Thyme Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in the personal care and cosmetic industry. |
4.2.2 Growing awareness about the health benefits of thyme oil, such as its anti-inflammatory and antimicrobial properties. |
4.2.3 Rising use of thyme oil in aromatherapy and alternative medicine practices. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of thyme oil. |
4.3.2 Regulatory challenges and compliance requirements related to the production and marketing of essential oils. |
4.3.3 Competition from substitute products in the market. |
5 India Thyme Oil Market Trends |
6 India Thyme Oil Market, By Types |
6.1 India Thyme Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 India Thyme Oil Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 India Thyme Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 India Thyme Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 India Thyme Oil Market, By Types |
6.2.1 Overview and Analysis |
6.2.2 India Thyme Oil Market Revenues & Volume, By Red Thyme Oil, 2021-2031F |
6.2.3 India Thyme Oil Market Revenues & Volume, By White Thyme Oil, 2021-2031F |
6.2.4 India Thyme Oil Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Thyme Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Thyme Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.3 India Thyme Oil Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 India Thyme Oil Market Revenues & Volume, By Food Products, 2021-2031F |
6.3.5 India Thyme Oil Market Revenues & Volume, By Fragrance, 2021-2031F |
6.3.6 India Thyme Oil Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Thyme Oil Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Thyme Oil Market Revenues & Volume, By Direct, 2021-2031F |
6.4.3 India Thyme Oil Market Revenues & Volume, By Indirect, 2021-2031F |
7 India Thyme Oil Market Import-Export Trade Statistics |
7.1 India Thyme Oil Market Export to Major Countries |
7.2 India Thyme Oil Market Imports from Major Countries |
8 India Thyme Oil Market Key Performance Indicators |
8.1 Number of new product launches incorporating thyme oil in different industries. |
8.2 Consumer sentiment and awareness towards thyme oil and its benefits. |
8.3 Export-import data of thyme oil to gauge international demand and market penetration. |
9 India Thyme Oil Market - Opportunity Assessment |
9.1 India Thyme Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 India Thyme Oil Market Opportunity Assessment, By Types, 2021 & 2031F |
9.3 India Thyme Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Thyme Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Thyme Oil Market - Competitive Landscape |
10.1 India Thyme Oil Market Revenue Share, By Companies, 2024 |
10.2 India Thyme Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |