Global Nutmeg Oil Market Projected to Reach USD 360 Million by 2032, Fueled by Rising Demand in Food, Cosmetic, and Pharmaceutical Sectors

The global Nutmeg Oil Market is witnessing steady growth as industries increasingly leverage its aromatic, therapeutic, and flavoring properties. According to Market Intelo’s latest research, the Nutmeg Oil Market was valued at USD 215 million in 2023 and is expected to reach USD 360 million by 2032, growing at a CAGR of 5.7% during the forecast period (2024–2032).

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