Learn the Full Report: https://www.cognitivemarketresearch.com/agarwoods-market-report
Report Insights: In response to Cognitive Market Analysis, the worldwide Agarwood market measurement shall be USD 145.2 million in 2024. It’ll rise on the compound annual development fee (CAGR) of 5.00% from 2024 to 2031.
North America held the most important market share for greater than 40% of the worldwide income with a market measurement of USD 58.08 million within the yr 2024 and can rise on the compound annual development fee (CAGR) of three.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the worldwide income with a market measurement of USD 43.56 million.
Asia Pacific held a market share of round 23% of the worldwide income with a market measurement of USD 33.40 million within the yr 2024 and can rise on the compound annual development fee (CAGR) of seven.0% from 2024 to 2031.
Latin America had a market share of greater than 5% of the worldwide income with a market measurement of USD 7.26 million in 2024 and can rise at a compound annual development fee (CAGR) of 4.4% from the yr 2024 to 2031.
Center East and Africa had a market share of round 2% of the worldwide income and was estimated at a market measurement of USD 2.90 million in 2024 and can rise at a compound annual development fee (CAGR) of 4.7% from the yr 2024 to 2031.
The natural class is the quickest rising phase of the Agarwood business
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