The oud extracts market is expanding as demand for luxury fragrances continues to rise. This growing preference for high-end perfumes is driving the use of oud as a key ingredient. Its distinctive and long-lasting scent makes it highly sought after in premium perfumery. As luxury brands seek exclusivity, they increasingly incorporate oud to enhance product appeal. The shift toward natural and sustainable ingredients is further boosting its market presence. Ethical sourcing practices are gaining importance, influencing production and trade strategies. Additionally, oud’s application in cosmetics and aromatherapy is widening its commercial scope. Advancements in extraction techniques are improving both quality and yield, supporting industry growth. With Middle Eastern and Asian markets leading consumption, global accessibility is steadily increasing. The rising demand for niche and artisanal fragrances is also strengthening oud’s market position. Oud-based formulation advancements are driving new opportunities for growth as the industry progresses.
