Vetiver Oil Market: Current Analysis and Forecast (2025-2033)

Global Vetiver Oil Market Size & Forecast

The global vetiver oil Market was valued at USD 61.41 million in 2024 and is expected to grow at a strong CAGR of around 6.7% during the forecast period (2025-2033F), driven by rising demand for natural and plant-based fragrances in perfumery, cosmetics, and personal care products.

Vetiver Oil Market Analysis

Vetiver oil is a natural essential oil that is made from steam distillation of the roots of the perennial grass (Chrysopogon zizanioides). It is famous because of its woody, deep, earthy scent and high fixation power. Due to this, it is used as a major constituent in fine perfumes, cosmetics, and personal care products.

The vetiver oil market is expanding as more people are demanding natural and plant-based products in different sectors such as fragrances, cosmetics, and personal care products. The increased interest of consumers in clean-label, eco-friendly, and aromatherapy-wise wellness products has largely increased the application of vetiver oil as calming and curing agents. It has a high fixative property that is catalyzing its usage in high-end perfumery and widening its applications in pharmaceuticals, food flavorings, and natural insect repellents.

Global Vetiver Oil Market Trends

This section discusses the key market trends that are influencing the various segments of the global vetiver oil market, as found by our team of research experts.

Growth in the Adoption of Advanced Extraction Technologies

Adoption of advanced extraction technologies is a crucial future market trend in the vetiver oil market, as manufacturers seek to increase oil yield, purity, and aroma consistency. Techniques used in the modern world include enhanced steam distillation, fractional distillation, and solvent-free extraction to preserve the oil's complex aromatic profile and minimize thermal degradation. Such technologies also contribute to increased process efficiency, reduced waste, and sustainable production. In addition, advanced technology makes the extraction process more efficient and provides more quality assurance, which is needed to achieve high standards of high-end use in fragrance, cosmetic, and pharmaceutical products, leading to the growth of the vetiver oil market.

Vetiver Oil Industry Segmentation

This section provides an analysis of the key trends in each segment of the global vetiver oil market report, along with forecasts at the global, regional, and country levels for 2025-2033.

The Conventional Segment Dominates the Global Vetiver Oil Market

Based on the product category, the market is categorized into organic and conventional. Among these, the conventional vetiver oil segment currently holds the maximum market share since it has a more extensive market availability, cheaper production, and is highly acceptable in the perfumery, cosmetics, and industrial fragrance sectors. Conventional vetiver oil is advantageous due to the well-established cultivation and extraction methods, which enable a steady supply at reasonable prices. However, the organic vetiver oil market will experience a more rapid growth in the near future, because of the increasing popularity of natural, chemical-free, and sustainably sourced ingredients among consumers.

The Spa and Relaxation Segment Dominates the Global Vetiver Oil Market.

Based on the application category, the market is segmented into spa and relaxation, medical, food and beverage, cleaning and home, and others. Among these, the spa and relaxation segment holds the largest market share in the vetiver oil market, as it has many applications in aromatherapy, massage oils, and wellness products due to its calming and stress-relieving properties. This dominance is supported by high penetration in the high-end spa and wellness centers. However, the medical segment is expected to grow at a faster pace, due to the growing research on therapeutic advantages of vetiver oil, growing demand in natural remedies, and an increased use of the oil in pharmaceuticals and alternative medicine preparations.

The Asia-Pacific region held the dominant market share in the Global Vetiver Oil Market

Asia-Pacific had the largest market share in the vetiver oil market because it has excellent agro-climatic conditions that support large-scale vetiver grass growth, and because it has a long tradition of using vetiver in traditional medicine, perfume, and wellness practices. India is among the prominent producers, as it enjoys the benefits of good distillation practices, abundant raw materials, and cheap labor. There is also good domestic demand and growing export of oil, which has enhanced the dominance of the Asia-Pacific region.

India held a Dominant share of the Asia-Pacific Vetiver Oil Market in 2024

India dominates the Asia-Pacific vetiver oil market due to its vast agricultural areas, and growing government support to enhance aromatic crop cultivation is further boosting market growth. For instance, under the CSIR Aroma Mission, the production of essential oils has been stimulated by the promotion of aromatic crops, such as lemongrass, palmarosa, and vetiver, among others, cutting the reliance on imports, especially of vetiver oil, by the cultivation of larger areas, such as Uttar Pradesh, Bihar, and Tamil Nadu. The nation has well-developed farming belts, especially in states like Tamil Nadu, Uttar Pradesh, and Rajasthan, which have ensured a supply of raw materials. The dominance of India is further supported by its large domestic fragrance and aromatherapy markets, strong export demand from global perfume brands, and numerous small- and mid-scale distillers supplying high-quality vetiver oil to international clients.

Vetiver Oil Industry Competitive Landscape

The global vetiver oil market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, geographical expansions, and mergers and acquisitions.

Top Vetiver Oil Market Companies

Some of the major players in the market are Robertet Group, UniKode S.A., Frager S.A., Floracopeia Inc, BERJE Inc, International Flavors & Fragrances Inc, Aromatic Herbals Private Limited, Vee Kay International, Mountain Rose Herbs, Inc., and Plant Therapy Essential Oils.

Recent Developments in the Vetiver Oil Market

• In November 2025, Loving Essential Oils unveiled its 2025 range of “Lavender and Vetiver” blends designed to support mood enhancement and better sleep, with formulations created by a certified aromatherapist to promote relaxation and wellness through natural aromatherapy.

• In July 2023, Australian skincare brand Ipsum Skin introduced its first product in the Ipsum SPA range, the “Spa Body Balm Vetiver Citrus”, a luxurious, COSMOS-certified organic body conditioning balm formulated with natural plant oils, antioxidants, and Australian botanicals to deeply nourish and rejuvenate skin.

Global Vetiver Oil Market Report Coverage

Reasons to Buy the Vetiver Oil Market Report:

• The study includes market sizing and forecasting analysis confirmed by authenticated key industry experts.

• The report briefly reviews overall industry performance at a glance.

• The report covers an in-depth analysis of prominent industry peers, primarily focusing on key business financials, type portfolios, expansion strategies, and recent developments.

• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

• The study comprehensively covers the market across different segments.

• Deep dive regional level analysis of the industry.

Customization Options:

The global Vetiver Oil market can further be customized as per the requirements or any other market segment. Besides this, UnivDatos understands that you may have your own business needs; hence, feel free to contact us to get a report that completely suits your requirements.