Global Sandalwood Market Study 2016-2026, by Segment (Santalum album, Santalum spicatum, … …), by Market (Sandalwood Wood, Sandalwood Oil), by Company (FPC, WA Sandalwood Plantations, … …)

Summary
Sandalwood is a parasitic tree and obtains nutrients from several other plant species. While there are other species of sandalwood, including red sandalwood, Australian Sandalwood Network (S. spicatum) and New Caledonian Sandalwood (S. austrocaledonicum), these are quite different from true Santalum album and have very different properties and fragrances. There is another tree that yields an essential oil which is sometimes called West Indian sandalwood or amyris (Amyris balsamifera) – it is from Haiti and other islands in the West Indies and is not related to true sandalwood. It is, however, sometimes used as a sandalwood substitute, especially in products such as sandalwood soap, where using the true sandalwood would be too expensive. Sandalwood products are obtained from the sandalwood tree (Santalum album), which is a member of the Santalaceae family. It is known as white sandalwood, Mysore sandalwood, East Indian sandalwood, sandal, Chandan (Hindi), and tan xiang (Mandarin). The white sandalwood is an evergreen tree which grows to 50 feet and naturally occurs in Eastern India in the states of Mysore, Kerala, Tamil Nadu and Karnatika. It grows in dry and rocky environments and reproduces by suckers and by seeds. The environmental conditions required by this tree are rather strict and not completely understood. Due to a combination of the environmental requirements and the necessity of living off a host plant, Sandalwood is not easy to propagate. Even so, it has long been cultivated in other Southeast Asian locations, including Indonesia where some good quality Sandalwood essential oil is produced.
The global Sandalwood market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):


Santalum album
Santalum spicatum
Santalum paniculatum
Santalum yasi
Santalum austrocaledonicum
Demand Coverage (Market Size & Forecast, Consumer Distribution):
Sandalwood Wood
Sandalwood Oil

Company Coverage (Sales data, Main Products & Services etc.):


FPC
WA Sandalwood Plantations
Australian Sandalwood Network
Santanol Group
TFS
KS&DL

Major Region

Market
North America
Europe
Asia-Pacific
South America
Middle East & Africa

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