Agarwood Oil Market: Global Industry Analysis and Forecast (2023-2029)

The Agarwood or Eaglewood is a resinous wood found predominantly in the southeast region of the Asia-Pacific. Agarwood after getting infected with yeast, pest, or microbial infection releases aromatic resins called Agarwood Oil. The presence of aromatic essence has resulted in a wide-scale use of Agarwood Oil throughout the world. Agarwood Oil possesses antimicrobial and antioxidant properties that are used in manufacturing medicines for asthma, digestion, and mental health-related issues.