Title: Global Camphor market
1Global Camphor market is driven by growing demand
for making medicine for different type of
diseases. Global camphor market is anticipated
to grow at a CAGR of 8 over the forecast period.
Global Camphor market
Camphor market is driven by growing demand for
making medicine for different type of diseases.
Due to good chemical properties camphor is used
in wide range of application in various end user
industries such as pharmaceuticals, food,
agriculture and chemical. Some making ointments
with vapor for treating cough and chest
congestion. Rising demand of camphor for the
ointments is anticipated to drive the growth of
the market. Camphor has been approved by the FDA
for numerous medicinal applications. However,
high level of camphor can be toxic and hence
causes several health risks.
High growth in pharmaceutical industry is among
the leading drivers for camphor market growth and
will continue dominance throughout the period.
Camphor is used in the making of ointments with
vapors for treating chest congestion and cough.
Growing demand for balms used for treating chest
congestion is a major factor driving demand for
camphor. Slight amount of camphor is safe for
human consumption and has been approved by
several regulatory bodies across the globe,
therefore camphor has high acceptance for
medicinal uses.
Asia Pacific accounted for the major percentage
of market share in global market. India is place
where large sum of holy places. Camphor is also
used during prayer of god in Hindu religion
thereby fuelling the market growth. North
America is expected to witness high growth rate
over the forecast period.
2Increasing population leading to high growth of
food and pharmaceutical is major factor which
drive the growth of the camphor market. North
America market is primarily expanding on the back
of the growth and expansion of pharmaceutical
industries in the region. Further, Europe is
expected to grow at a significant CAGR over the
forecast period. Rising advancement and research
activity to increases application for camphor is
expected to offer large amount of opportunities
in the camphor market.
The objective of the report is to present a
comprehensive assessment of the market and
contains thoughtful insights, facts, historical
data, industry-validated market data and
projections with a suitable set of assumptions
and methodology. The report also helps in
understanding camphor market dynamics, structure
by identifying and analyzing the market segments
and project the market size. Further, the report
also focuses on a competitive analysis of key
players by product, price, financial position,
product portfolio, growth strategies, and
regional presence. The report also provides PEST
analysis, PORTER's analysis, SWOT analysis to
address questions of shareholders to prioritizing
the efforts and investment in the near future to
the emerging segment in camphor market. For More
Information Visit https//www.maximizemarketresea
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Scope of the Global Camphor Market
Global Camphor Market, by Product
- Capsules
- Powder
- Oil
- Global Camphor Market, by Application
- Pharmaceutical
- Agriculture
- Food
- Chemicals
3- Others
- Global Camphor Market, by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East Africa
- Key Player analyzed in the Report
- Apt Exim
- Beijing Herbal Health Biotech
- Benefont
- Camphor Allied Products
- Jadran Galenski Laboratorij
- Malligha Asafoetida
- Recochem
- Fujian Green Pine
- Hiya International
- Jian Fine Chemicals
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