#Aromatherapy Market

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Aromatherapy Market is estimated to Witness High Growth Owing to Rising Consumer Inclination towards Natural Products

The aromatherapy market has significantly grown over the past few years owing to the growing awareness about the therapeutic benefits of essential oils. Aromatherapy involves the use of plant oils and other aromatic compounds from plants for improving health and wellbeing. It helps reduce stress, anxiety, improves sleep, relieves pain and enhances mood. The rising inclination towards natural therapies due to the adverse effects of allopathic medicines has boosted the demand for aromatherapy products globally.

The Global aromatherapy market is estimated to be valued at US$ 7.49 Bn in 2024 and is expected to exhibit a CAGR of 8.2% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the aromatherapy market are doTERRA International, Koninklijke DSM N.V., International Flavors and Fragrances Inc., Symrise, Eden Garden, Young Living Essential Oils, Frontier Natural Products Corporation, Rocky Mountain Oil, Mountain Rose Herbs, Plant Therapy Inc., Thann-Oryza Co. Ltd, G Baldwin and Co., Ouwave Aroma Tech Co. Ltd, RyohinKeikaku Co. Ltd, and Isagenix International LLC. The key players are focused on introducing innovative product formats and expanding their global footprint through strategic partnerships and acquisitions.

The Aromatherapy Market Demand include expanding applications in therapeutic massage, introducing aromatherapy products for pets, and leveraging the online retail platforms. There is huge potential for growth in the emerging markets of Asia Pacific and Latin America due to growing middle-class population and rising disposable incomes.

The global expansion of the aromatherapy market is driven by growing e-commerce sales, increasing demand from developing nations, and expanding applications in therapeutic massage and spa treatments.

Market Drivers

The Aromatherapy Market Size And Trends health conditions like insomnia, depression, anxiety, skin care, pain management, respiratory disorders, digestive issues and more is expected to drive the market growth. The rising use of aromatherapy as a suitable alternative for medicinal therapies will further propel the demand. Growing availability of aromatherapy products through online retail channels and innovative marketing strategies by leading players will boost the consumer awareness and uptake of aromatherapy products globally during the forecast period. PEST Analysis

Political: Regulations around the usage of essential oils and aromatherapy products are still evolving with some regional variations. Standards ensure product quality and safety. Economic: Growing health and wellness trend is driving consumer spending on alternative therapies like aromatherapy. Higher disposable incomes allow for premium natural products. Social: People are increasingly embracing holistic and natural remedies for health, relaxation and well-being. Aromatherapy provides stress relief and quality of life benefits. Technological: Advancements in extraction methods help harness therapeutic properties while ensuring sustainable sourcing. Digital channels aid product discovery and adoption.

The aromatherapy market in terms of value is concentrated in regions with higher consumer awareness and spending like North America and Western Europe. North America alone accounts for over 30% share due to growing adoption of aromatherapy for various applications ranging from sleep to pain relief. Changing lifestyles and openness to complementary medicine sustains market growth.

The Asia Pacific region presents the strongest growth prospects for the global aromatherapy market. Rapid economic development, rising health consciousness and openness to wellness influences from the west are major drivers. Countries like China and India with their huge populations and growing middle class embarking on self-care regimens will propel future demand. Improving regulations and investments in regional sourcing and production will aid market penetration across Asia Pacific. Get More Insights On, Aromatherapy Market For More Insights Discover the Report In language that Resonates with you

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

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Unveiling the Power of Data: Global Aromatherapy Market

he global aromatherapy market is growing at a Compound Annual Growth Rate (CAGR) of 6.4% from 2024 to 2034, which is a sign of optimism. From an estimated USD 7,048.0 million in 2024 to a projected USD 13,106.40 million by 2034, which corresponds to a huge market value jump.

The numerous health benefits linked to aromatherapy are the reason for this increase. Future Market Insights’ historical study shows that the market has grown significantly, with a compound annual growth rate (CAGR) of 6.5% from 2016 to 2021.

The Covid-19 pandemic was a significant influence influencing customer choice in aromatherapy. The growing body of research demonstrating the many advantages of aromatherapy and topical essential oil therapies for pain management in conditions such as dysmenorrhea is expected to propel the market’s expansion in the next years. The rapid development of hospital-based aromatherapy programs in developed nations is another important factor anticipated to drive the growth of the aromatherapy market.

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Key Takeaways

Several wellness professionals including spa therapists, aroma therapists, massage therapists, and gym trainers, prefer single and blended essential oils for the treatment of insomnia, anxiety, pain, agitation, stress, and other conditions because essential oils provide the desired therapeutic effects with minimal or no side effects. This is due to the fact that these treatments may be conducted without the use of medicines.

One of the crucial driving factors propelling the growth of the global aromatherapy industry is known to be its strong distribution network. Various essential oil markers are working on negotiating distribution arrangements with large retail corporations to make their goods available, which will result in greater penetration of aromatherapy treatments and products.

Aromatherapies are rapidly being preferred these days attributing their properties for relaxation is likely to contribute to the aromatherapy market’s revenue development. The development of inhalation aromatherapy for the treatment of sleep issues such as insomnia is significant market advancement.

Competitive Landscape

Dominant aromatherapy product manufacturers are employing multi-level marketing tactics in order to enhance product distribution and they are also considering hiring a large number of independent distributors. This has resulted in increased accessibility and affordability of aromatherapy goods are likely to stimulate global demand for essential oils and aromatherapy diffuser products.

An extensive marketing network of distributors is expected to benefit both global and local market participants. In addition to that, firms are providing their aromatherapy goods online, which are projected to assist the aromatherapy market’s growth.

More Insights into the Aromatherapy Market

North America is expected to dominate the global aromatherapy market owing to the presence of crucial market competitors in the region. The growth in the region is also attributed to the surging sales of crucial oil for home use, lifestyle changes, a growing urban population, and the increased influence of the media are all factors boosting demand for aromatherapy goods in the region.

The aromatherapy market in Europe is expected to rise significantly over the forecast period. The rising popularity of aromatherapy as a therapeutic and pharmacological alternative is expected to drive market expansion in Europe. The majority of essential oils are sold in European nations including the United Kingdom, Germany, the Netherlands, Belgium, and Ireland.

Competitive Landscape in the Aromatherapy Market:

The aromatherapy market is heavily fragmented, with established companies tussling with local players in well-developed regions. The competition in the market is increasing with the experimentation done by market players to achieve dominance.

Market players are expanding geographically to increase market demand. Prominent player doTERRA is taking steps to expand into underdeveloped nations.

Recent Developments in the Aromatherapy Market

In March 2023, BASF planned expansion of its aroma ingredients facilities in Germany and China. The new manufacturing facility in Ludwigshafen will be concentrated on menthol and linalool downstream plants while the one in Zhanjiang was penned in for the citral plant.

In October 2022, International Flavors & Fragrances Inc. opened its innovation center in Singapore.

In September 2022, Young Living was the recipient of 17 essential oil production patents from the United States Patent and Trademark Office.

In April 2022, the WoodWick Radiance diffuser was launched by The WoodWick Candle Brand. The diffuser affords convenience to users because of its easy refueling process.

In March 2022, Saje Natural Wellness, in collaboration with The Little Market, unveiled a limited-edition diffuser called the Aroma Mosaic diffuser.

Key Companies in the Aromatherapy Market:

doTERRA

International Flavors & Fragrances Inc.

Symrise

Edens Garden

Young Living Essential Oils

Rocky Mountain Oil

Mountain Rose Herbs

Plant Therapy Inc.

Thann-Oryza Co. Ltd.

Isagenix International LLC

Key Segments:

By Product:

Aromatherapy Consumables

Essential Oils

Floral

Citrus

Herbaceous

Spicy

Woodsy

Earthy

Camphorous

Others

Blended Oils

Carrier Oils

Aromatherapy Equipment

Nebulizing Diffusers

Ultrasonic Diffusers

Evaporative Diffusers

Heat Diffusers

By Application:

Relaxation

Insomnia

Pain Management

Scar Management

Skin & Hair Care

Cold & Cough

Others

By Mode of Delivery:

Topical Application

Direct Inhalation

Aerial Diffusion

By Distribution Channels:

Aromatherapy Products Sold at Retail Shops

Aromatherapy Products Sold through Online Channels

Direct Distribution of Aromatherapy Products

By Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa (MEA)

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Aromatherapy Market: Growing Demand for Natural Remedies to Drive Market Growth

The global Aromatherapy Market is estimated to be valued at US$ 5,042.3 million in 2020 and is expected to exhibit a CAGR of 8.2% over the forecast period 2020-2027, as highlighted in a new report published by Coherent Market Insights. Market Overview: Aromatherapy involves the use of essential oils to improve physical and mental well-being. These oils are derived from plants and possess therapeutic properties. Aromatherapy products such as essential oils, diffusers, and candles are widely used for aromatherapy treatments. The advantages of aromatherapy include stress relief, relaxation, pain management, and improved sleep quality. With the increasing focus on natural remedies and holistic healing, the demand for aromatherapy products is expected to grow significantly. These products are also gaining popularity among consumers due to their non-toxic and eco-friendly nature. The market is witnessing the launch of innovative products and increasing adoption of aromatherapy in spas, wellness centers, and healthcare facilities. Market Key Trends: One key trend in the aromatherapy market is the rising demand for personalized aromatherapy products. Consumers are seeking customized products that cater to their specific needs and preferences. Companies are offering customized essential oil blends and diffuser combinations to target different health concerns such as stress, insomnia, and respiratory issues. This trend is driven by the growing awareness about the potential benefits of aromatherapy and the desire for personalized wellness solutions. The availability of online platforms and mobile applications enables consumers to explore different aromatherapy options and create their own unique blends. As a result, the market is witnessing an increase in the demand for personalized aromatherapy products. Porter’s Analysis Threat of New Entrants: The Global Aromatherapy Market faces a moderate threat of new entrants. While the market has significant growth potential, the high initial investment required to establish production facilities and establish brand recognition acts as a barrier to entry for new players. Additionally, existing key players hold a strong market position and have established distribution networks, making it difficult for new entrants to compete. Bargaining Power of Buyers: The bargaining power of buyers in the aromatherapy market is moderate. Buyers have access to a wide range of products and can easily switch between different brands or suppliers. This gives buyers some leverage to negotiate for better pricing or quality. However, the growing demand for aromatherapy products and the presence of loyal customers provide some level of stability to the market. Bargaining Power of Suppliers: The bargaining power of suppliers in the aromatherapy market is low. There are numerous suppliers of essential oils, plant extracts, and other raw materials used in aromatherapy products. This high availability of suppliers ensures that manufacturers have multiple options to source their ingredients, reducing their dependence on specific suppliers. Threat of New Substitutes: The threat of new substitutes in the aromatherapy market is low. Aromatherapy offers unique benefits and experiences that cannot be easily replicated by alternative products or therapies. The strong consumer preference for natural and holistic remedies further limits the threat of substitutes. Competitive Rivalry: The competitive rivalry in the aromatherapy market is high. Several key players, such as doTERRA International, Young Living Essential Oils, and Koninklijke DSM N.V., dominate the market. These companies constantly innovate, develop new products, and expand their distribution networks to maintain and enhance their market position. Intense competition among key players drives continuous improvement and product differentiation.

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https://www.databridgemarketresearch.com/reports/global-aromatherapy-market

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Discover the latest trends, analysis, and growth opportunities in the essential oils market. Know how MarketsandMarkets can help you succeed in aromatherapy market.

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Aromatherapy Diffuser Market Device That Disperses Essential Oils Into The Air And Creates A Soothing Aroma

An aromatherapy diffuser is a device that disperses essential oils into the air and creates a soothing aroma. These diffusers atomize essential oils into micro-droplets that remain suspended in the air for a more dispersed experience. Aromatherapy diffusers are used to diffuse essential oils for their calming and stress-relieving effects. Diffusing essential oils is considered as a natural alternative for relaxation, pain relief, and anxiety reduction. Moreover, aromatherapy can help boost mood, improve sleep quality, lessen joint pain, and increase focus.

The Global aromatherapy diffuser Market is estimated to be valued at US$ 2.34 Bn in 2024 and is expected to exhibit a CAGR of 9.2% over the forecast period 2024 To 2031.

Key players operating in the aromatherapy diffuser Market are Saje Natural Wellness, Escents Aromatherapy, Newell Brands Inc., Edens Garden, Organic Aromas, dōTERRA, ZAQ, ArOmis Aromatherapy, Puzhen Life Co. Ltd., and NOW Health Group Inc. These companies are focusing on launching advanced diffusers with versatile features to cater to the growing demand from households and businesses such as spas. This enables them to strengthen their market position.

The Aromatherapy Diffuser Market Trends  oil products for self-care, rising adoption of aromatherapy in workplaces to reduce stress, and increasing awareness about benefits of diffusing essential oils at home for creating ambiance. Moreover, continuous development of smart and app-controlled diffusers presents an opportunity for manufacturers to attract more customers. Vendors are also focusing on collaboration with hotels, spas, and wellness centers to provide branded diffusers and essential oils.

The global expansion of the aromatherapy diffuser market is accelerated by online retail channels. E-commerce has made aromatherapy diffusers easily accessible to customers, while manufacturers are able to promote and sell their products internationally. Moreover, the demand for aromatherapy is growing with increasing health consciousness around the world. Vendors are expanding to untapped regions of Asia Pacific and Middle East & Africa due to rising living standards.

The key driver for the aromatherapy diffuser market is increased awareness about benefits of aromatherapy. Various studies have demonstrated the relaxing, stress-relieving and therapeutic effects of essential oils. The growing applications of aromatherapy in anxiety, depression and insomnia treatment have boosted its popularity. Additionally, rising health care costs are propelling the demand for natural and cost-effective aromatherapy products.

PEST Analysis Political: The demand for Aromatherapy Diffuser Market Size And Trends  depends on the regulations regarding the inclusion of essential oils in wellness products. Favorable regulations promote the sales and adoption of aromatherapy diffusers.

Economic: Economic growth drives the disposable income of consumers which increases their spending on aromatherapy diffusers as luxury wellness products. Increased investments in self-care boosts the aromatherapy diffuser market.

Social: Changing lifestyle, increasing stress levels and hectic schedules have raised the importance of relaxation and well-being therapies like aromatherapy. This increases the acceptance and popularity of aromatherapy diffusers for stress relief.

Technological: Advancements in diffuser technologies have enhanced the efficiency, portability and functionality of aromatherapy diffusers. Features like humidity control, LED lights and variable mist settings in new models appeal to consumers. Connected aromatherapy diffusers integrated with smart home systems are gaining traction.

The North American region currently accounts for the largest share of the global aromatherapy diffuser market in terms of value. This can be attributed to the high awareness regarding wellness products and growing inclination towards natural therapies in countries like the United States. The region also has a strong presence of leading aromatherapy diffuser manufacturers.

The Asia Pacific region is poised to be the fastest growing market for aromatherapy diffusers during the forecast period. Rising living standards, growing middle class population and increasing investments into wellness industries are some of the key factors driving the adoption of aromatherapy diffusers in Asia Pacific countries like India and China. Evolving lifestyles and openness to use alternative therapies also support the market growth in the region. Get More Insights On, Aromatherapy Diffuser Market About Author: Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163

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Aromatherapy Market will grow at highest pace owing to rising demand for natural remedies

Aromatherapy uses plant-derived aromatic compounds from flowers, herbs, and other plants to support physical and emotional well-being. The essential oils obtained from plants like lavender, peppermint, geranium, and lemon have been used for therapeutic purposes such as relaxation, pain relief, skin healing, and stress reduction. The growing popularity of essential oils is attributed to their rich composition of healing phytonutrients and minimal side effects. Aromatherapy massages and diffusers are convenient options for households to reduce anxiety and promote sound sleep.

The global aromatherapy market is estimated to be valued at US$ 6.39 Bn in 2024 and is expected to exhibit a CAGR of 8.2% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the aromatherapy market are doTERRA International, Koninklijke DSM N.V., International Flavors & Fragrances Inc., Symrise, Eden Garden, Young Living Essential Oils, Frontier Natural Products Corporation, Rocky Mountain Oil, Mountain Rose Herbs, Plant Therapy Inc., Thann-Oryza Co. Ltd, G Baldwin & Co., Ouwave Aroma Tech Co. Ltd, RyohinKeikaku Co. Ltd, and Isagenix International LLC. The rising consumer preference for all-natural remedies is driving the demand for essential oils notably in home care and personal care products. Diffusers and aromatic candles infused with essential oils are gaining popularity among households and workspaces to enhance mood and productivity. Technological advancements allow aromatherapy products to deliver targeted benefits. Smart diffusers with built-in routines, customizations, clocks and connectivity enable convenient usage. Market Trends Personalization is a key trend with customers preferring bespoke aromatherapy blends and treatments based on their needs and wellness goals. Manufacturers are focusing on new product development to cater to custom requirements. Another notable trend is the influx of portable aromatherapy products like roll-ons, essential oils in sticky drops and moisturizers which facilitate on-the-go usage. Market Opportunities The growing acceptance of complementary and alternative medicine presents significant opportunities for aromatherapy in clinical settings and hospitals. Researchers are investigating therapeutic applications of essential oils in the management of chronic conditions like cancer, depression, anxiety etc. which can boost the revenue stream from medical-grade essential oils. Expanding e-commerce channels enable wider accessibility and discovery of aromatherapy products globally. Impact of COVID-19 on Aromatherapy Market Growth The COVID-19 pandemic has significantly impacted the growth of the aromatherapy market. During the pre-COVID times, the market was growing at a steady pace due to the increasing awareness about the various health benefits of aromatherapy. However, the outbreak of the pandemic boosted the demand for aromatherapy products as people started using essential oils to reduce stress and anxiety caused due to fear and lockdowns. Many essential oils like lavender, peppermint, and eucalyptus oils gained popularity as they are known to provide soothing effects. Various aromatherapy products like candles, cream and lotions infused with essential oils also witnessed increased sales during this period. With lockdowns and social distancing measures in place, more people took to aromatherapy to boost their immunity and opt for a healthy lifestyle. Several aromatherapy companies started offering online consultations and virtual therapy sessions. They also launched new product ranges suitable for home use. The demand is expected to remain high even in the post-pandemic times as preventive healthcare has gained more focus. Companies will have to focus on innovative product launches, expand their online presence, offer customized therapy packages and develop essential oil blends specially formulated to boost immunity. Affordability will also be a key factor to leverage growth opportunities. North America is the Largest Market for Aromatherapy North America represents the largest as well as the most lucrative market for aromatherapy globally. The United States alone accounts for over 45% of the overall aromatherapy demand in the region. Factors such as high awareness levels regarding aromatherapy, growing preference towards natural therapies and wellness trends have been driving the US market. Lavender, peppermint, and lemon oils are the most commonly used essential oils across households as well as spas. The market enjoys high penetration of premium products due to high consumer spending capabilities.

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Aromatherapy Essential Oil Market to See Sustainable Growth Ahead

Latest business intelligence report released on Global Aromatherapy Essential Oil Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Aromatherapy Essential Oil market outlook. List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis: Young Living (United States), dōTERRA (United States), Frontier Co-op. (Norway), Edens Garden (United States), MOUNTAIN ROSE HERBS (United States), Artnaturals (United States), Rocky Mountain Oils, LLC (United States), Barefut Essential Oils. (United States), Janvi Herbs (India), Vigon International, Inc. (United States). Download Free Sample PDF Brochure (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/80137-global-aromatherapy-essential-oil-market Brief Overview on Aromatherapy Essential Oil: Aromatherapy Essential oils are pure plant essences and aromatic compounds found in the bark, roots, seeds, flowers, stems, shrubs, roots, and trees. Essential Oil can be both beautifully and powerfully fragrant, and they are used to calm, balance, and give energy to the mind, spirit, and body. Aromatherapy Essential Oil is using for personal and health-related care, it is best to use plant parts that are free from toxic chemicals, such as pesticides or herbicides and this is projected the growth of aromatherapy essential oil market in the forecast period. Key Market Trends: Rising Healthcare Spending and Growing Healthcare Industry Globally Opportunities: Rise in Demand of Natural Preservatives by the Healthcare Industry Boost the Aromatherapy Market

Increase in Demand of Health Consciousness among the Customers Market Growth Drivers: Increasing Disposable Income of People of Developed and Developing Countries

Growing Awareness of Benefits of Essential Oils among the People Segmentation of the Global Aromatherapy Essential Oil Market: by Type (Lavender, Peppermint, Lemon, Tea Tree, Bergamot, Rosemary, Eucalyptus, Ginger, Geranium, Mandarin), Application (Cosmetic, Massage, Medical, Olfactory, Psycho, Others), Distribution Channel (Online, Offline) Purchase this Report now by availing up to 10% Discount on various License Type along with free consultation. Limited period offer. Share your budget and Get Exclusive Discount @: https://www.advancemarketanalytics.com/request-discount/80137-global-aromatherapy-essential-oil-market Geographically, the following regions together with the listed national/local markets are fully investigated: • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania) • North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (Saudi Arabia, UAE, South Africa)Furthermore, the years considered for the study are as follows: Historical data – 2017-2022 The base year for estimation – 2022 Estimated Year – 2023 Forecast period** – 2023 to 2028 [** unless otherwise stated] Browse Full in-depth TOC @: https://www.advancemarketanalytics.com/reports/80137-global-aromatherapy-essential-oil-market

Summarized Extracts from TOC of Global Aromatherapy Essential Oil Market Study Chapter 1: Exclusive Summary of the Aromatherapy Essential Oil market Chapter 2: Objective of Study and Research Scope the Aromatherapy Essential Oil market Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027 Chapter 5: Decision Framework Chapter 6: Market Dynamics- Drivers, Trends and Challenges Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile Chapter 8: Appendix, Methodology and Data Source Buy Full Copy Aromatherapy Essential OilMarket – 2021 Edition @ https://www.advancemarketanalytics.com/buy-now?format=1&report=80137 Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com