Global Sage Aromatic Water Market Size By Type (Medicine, Skin Toner), By Application (Cosmetics, Healthcare), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 36108 | Published Date: Jun 2023 | No. of Pages: | Base Year for Estimate: Jun 2023 | Format:


The Global Sage Aromatic Water Market was valued at approximately USD 200 million in 2023 and is projected to grow to USD 340 million by 2031, with a CAGR of 6.5% during the forecast period. This growth is driven by rising consumer awareness of natural skincare solutions, increasing demand for herbal and organic products, and expanding applications of sage aromatic water in cosmetic, therapeutic, and food industries. Sage aromatic water is valued for its antioxidant, anti-inflammatory, and rejuvenating properties, making it a popular choice in health-conscious consumer segments.

Drivers:

Increased Demand for Natural Skincare Solutions: The global trend towards organic and herbal personal care products is a significant driver. Sage aromatic water, known for its gentle skin benefits, aligns well with this demand.

Expanding Use in Aromatherapy: The therapeutic properties of sage, which include relaxation and anti-stress effects, are increasing its use in aromatherapy products.

Rising Consumer Preference for Eco-friendly Products: The growing consumer inclination towards eco-friendly and biodegradable products is propelling the demand for sage aromatic water.

Restraints:

High Cost of Organic Ingredients: The sourcing and processing of high-quality sage for aromatic water can be costly, impacting the final product price.

Regulatory Challenges: Compliance with cosmetic and food regulations across different regions can hinder market growth and entry for smaller producers.

Opportunity:

Growth in Emerging Markets: Increasing awareness and acceptance of herbal skincare and health products in emerging markets such as Asia-Pacific and Latin America present growth opportunities.

R&D in Multi-functional Applications: Investment in R&D for the development of sage aromatic water formulations with multifunctional properties for skincare, therapeutic, and food applications is opening new avenues in the market.

Market by System Type Insights:

The Organic Sage Aromatic Water segment is anticipated to dominate, with consumers gravitating towards organic, chemical-free options. This segment is expected to grow due to rising awareness regarding the potential health benefits and eco-conscious appeal of organic ingredients.

Market by End-use Insights:

The Cosmetic and Personal Care segment led the market in 2023, with over 50% market share. The segment benefits from increased demand for natural ingredients in skincare and haircare, as sage aromatic water is increasingly used in products marketed for sensitive skin and hydration. The Therapeutic Applications segment is also poised for rapid growth, driven by the increasing use of sage water in stress-relief and aromatherapy products.

Market by Regional Insights:

North America held the largest share in 2023, driven by high awareness of herbal skincare and therapeutic products. Meanwhile, Asia-Pacific is expected to witness the highest growth rate due to growing consumer preferences for natural and organic skincare solutions, increasing disposable income, and the expansion of the wellness industry in countries like China, Japan, and India.

Competitive Scenario:

Key players in the Global Sage Aromatic Water Market include Alteya Organics, Florihana, Plant Therapy, The Sage Apothecary, and Aromatika Inc. Companies are focused on expanding their product lines, enhancing product quality, and tapping into emerging markets. Notable developments include Alteya Organics’ expansion in the U.S. with organic-certified sage water products, targeting the wellness and personal care sectors, and Florihana’s introduction of sustainable packaging solutions for its product lines.

Scope of Work – Global Sage Aromatic Water Market

Report Metric

Details

Market Size (2023)

USD 200 million

Projected Market Size (2031)

USD 340 million

CAGR (2023-2031)

6.5%

Key Segments by System Type

Organic Sage Aromatic Water, Conventional Sage Aromatic Water

Key Segments by End-Use

Cosmetic and Personal Care, Therapeutic Applications, Food & Beverage

Leading Region

North America

Key Players

Alteya Organics, Florihana, Plant Therapy, The Sage Apothecary, Aromatika Inc.

Market Drivers

Demand for natural skincare, growth in aromatherapy, eco-friendly trend

Market Opportunities

Growth in emerging markets, R&D in multi-functional applications

Key Market Developments:

2023: Alteya Organics expanded its product line to include organic-certified sage water, catering to the rising demand for clean beauty products in North America.

2024: Florihana launched eco-friendly packaging for its aromatic water products, aiming to reduce its carbon footprint and appeal to environmentally conscious consumers.

2025: Aromatika Inc. partnered with retailers in Asia-Pacific to strengthen its market presence, focusing on therapeutic products containing sage aromatic water for the wellness market.

FAQs:

What is the current market size of the Global Sage Aromatic Water Market?

The Global Sage Aromatic Water Market was valued at USD 200 million in 2023.

What is the major growth driver of the Global Sage Aromatic Water Market?

The primary growth driver is the increasing demand for natural and organic skincare solutions.

Which is the largest region during the forecast period in the Global Sage Aromatic Water Market?

North America is expected to hold the largest market share during the forecast period.

Which segment accounted for the largest market share in the Global Sage Aromatic Water Market?

The Cosmetic and Personal Care segment held the largest market share in 2023.

Who are the key market players in the Global Sage Aromatic Water Market?

Key players include Alteya Organics, Florihana, Plant Therapy, The Sage Apothecary, and Aromatika Inc. 

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