Global Jasmine Oil Market to Reach US$126.5 Million by 2030

The global market for Jasmine Oil estimated at US$99.2 Million in the year 2024, is expected to reach US$126.5 Million by 2030, growing at a CAGR of 4.1% over the analysis period 2024-2030. Jasminum Grandiflorum, one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$80.1 Million by the end of the analysis period. Growth in the Jasminum Officinale segment is estimated at 5.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$27.0 Million While China is Forecast to Grow at 7.4% CAGR

The Jasmine Oil market in the U.S. is estimated at US$27.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.6 Million by the year 2030 trailing a CAGR of 7.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

Global Jasmine Oil Market - Key Trends & Drivers Summarized

How Is Jasmine Oil Positioned in the Growing Landscape of Natural Extracts?

Jasmine oil, an essential oil derived from jasmine flowers, is valued for its aromatic, therapeutic, and cosmetic properties. It is used extensively in perfumes, personal care products, traditional medicine, and aromatherapy. As consumer interest in natural and plant-based ingredients rises, jasmine oil continues to gain importance across beauty, wellness, and holistic health segments.

The oil is typically extracted using methods such as solvent extraction or enfleurage, with jasmine grandiflorum and jasmine sambac being the most commonly used species. Its floral, rich scent makes it highly desirable for high-end fragrances, while its reputed soothing and skin-enhancing qualities drive demand in massage oils, skin creams, and wellness formulations. Increased preference for clean-label, paraben-free products is contributing to the continued integration of jasmine oil into both premium and mass-market product lines.

What Innovations and Product Applications Are Expanding Its Market Reach?

Refinement in extraction methods and blending techniques has improved the purity and shelf stability of jasmine oil. Producers are exploring certified organic variants and CO2 extraction to appeal to niche consumer segments concerned with sustainability and ingredient traceability. The oil is now being formulated in combination with other essential oils such as sandalwood, lavender, and ylang-ylang to enhance therapeutic value and product differentiation.

In skincare, jasmine oil is incorporated into serums, facial oils, and toners for its hydrating and antioxidant properties. In the wellness segment, it features in bath products, diffuser blends, and stress-relief formulations. Brands are using jasmine oil to promote emotional wellness, sleep support, and mood elevation, reinforcing its place in both self-care and spa product categories. Packaging innovations and growing availability through e-commerce platforms are also enhancing visibility.

Where Is Demand Rising, and Who Are the Key Consumers?

Demand is increasing in regions with high consumption of natural cosmetics, such as North America and Western Europe. Asia Pacific is also a key production and consumption hub, particularly in countries like India and China where jasmine has long been used in traditional medicine and cultural rituals. Middle East and Africa show growing interest, driven by perfume manufacturing and traditional wellness systems.

Key consumers include aromatherapy practitioners, spa service providers, natural cosmetics manufacturers, and health-conscious individuals. Niche markets such as prenatal care, luxury personal care, and ayurvedic treatments are also incorporating jasmine oil into tailored product lines. As awareness of therapeutic oils expands among urban and aging populations, jasmine oil continues to attract a loyal consumer base.

What Is Driving Growth in the Jasmine Oil Market?

Growth in the jasmine oil market is driven by several factors including increasing consumer shift toward botanical ingredients, rising use in premium personal care formulations, and sustained demand from natural fragrance manufacturers. Technological improvements in oil purity, extraction efficiency, and shelf-life stability are helping producers meet growing quality expectations.

End-use expansion into holistic wellness, natural cosmetics, aromatherapy, and high-end perfumery is increasing consumption volume. Rising interest in emotional well-being, especially through non-pharmaceutical routes, supports jasmine oil’s inclusion in home-use self-care products. As product developers explore multifunctional natural ingredients, jasmine oil is gaining prominence as a versatile and marketable essential oil across personal and therapeutic applications.