OPOPONAX EXTRACT RESINOID MARKET ANALYSIS

Market Challenges And Opportunities

Global Opoponax Extract Resinoid Market: Drivers

The global opoponax extract resinoid market is expected to witness significant growth, owing to increasing incidence of muscle cramps and muscle spasms, mainly due to over age and pregnancy condition in females. According to US National Library of Medicine report published in September 2020, in 2018, around 46% of individuals above the age of 50 were suffering from muscle cramps, globally. Moreover, according to same source, 26% of the pregnant women in China suffered from muscle cramps in calf during pregnancy in 2018.

Global Opoponax Extract Resinoid Market: Restraints

Opoponax oils  are  very difficult to conserve due to its raw form and extracted from natural constituents. In order to extract a minimal amount of essential oil, a manufacturer needs large amount of botanical supply. Therefore, conservation of opoponax oils and stability of opoponax oil is the restraints faced by the manufacturers of essential oils such as lavender essential oil, opoponax oil, and others. Moreover, opoponax essential oil has some major side effects such as ingestion of opoponax oil for longer period of time leads to minor injuries to kidneys in individuals, as there is small amount of presence of opoponax resins in opoponax essential oil.