(PharmaNewsWire.Com, November 09, 2023 ) As per Maximize Market research, the Tamanu Oil Market was USD 150 Million in 2022 and is expected to grow at a CAGR of 4.6 percent over the forecast period to reach USD 198 Million by 2029.
Tamanu Oil Market Report Scope and Research Methodology
The Tamanu Oil market report provides a detailed analysis of the industry, investigating market trends, drivers, challenges, and growth opportunities. The research methodology involves a meticulous blend of primary and secondary research to ensure the accuracy and credibility of the data. The scope of the report encompasses a comprehensive examination of market segments, major players, and regional influences, offering stakeholders a holistic perspective on the Tamanu Oil market dynamics.
People use Tamanu oil for pain relief and healing purposes. Recent scientific research studies have uncovered that multiple skin-related benefits, such as antioxidant, antifungal, anti-inflammatory, and wound-healing effects. The notable UV-absorption properties make it a potential ingredient in sun protection and ophthalmic products.
Tamanu Oil Market Regional Insights
North America has dominated the Tamanu Oil Market in the year 2022 with the largest share. The market size and growth assess the demand in countries such as the United States and Canada. Hence, the growth rate and factors are driving the adoption.
Maximize Market Research is leading Healthcare research firm, has also published the following reports:
Beard Oil Market- The market size is expected to reach USD 1640 Mn. by 2029 at a CAGR of 5.8 percent during the forecast period.
Ginger Oil Market- The market size is expected to reach USD 15.27 Bn. by 2029 at a CAGR of 3.7 percent during the forecast period.
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