The Global Sandalwood Essential Oil Market was valued at US$143 million in 2022 and is projected to reach US$279.6 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. This expansion is driven by surging demand from the aromatherapy sector, luxury cosmetics manufacturers, and pharmaceutical applications globally, alongside heightened consumer preference for natural wellness products.

As sustainability concerns transform botanical sourcing strategies, industry attention focuses on producers demonstrating excellence in ethical cultivation and advanced distillation of this precious aromatic resource. This analysis profiles the Top 10 Companies in the Sandalwood Essential Oil Industry—organizations pioneering sustainable sourcing, innovative extraction techniques, and global distribution networks.

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🔟 1. Quintis (TFS Corporation)

Headquarters: Perth, Australia
Key Offering: Indian Sandalwood Oil (Santalum album)

As the world’s premier vertically integrated Indian sandalwood supplier, Quintis manages extensive plantations across Northern Australia. Their vertically integrated model guarantees full traceability from sapling to distilled oil, serving premium perfumeries and cosmetic multinationals.

Sustainable Practices:

• 25,000+ hectares of managed plantation estates

• Holistic 15-year growth cycle management

• Renewable-energy powered distillation facilities

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9️⃣ 2. Santanol Group

Headquarters: Kununurra, Australia
Key Offering: Pharmaceutical-grade Santalum album oil

Backed by Singapore’s KKR & Co., Santanol cultivates 4,200 hectares of sandalwood in Australia’s Kimberly region. Their oils, with exceptionally high santalol content (75-85%), are preferred ingredients for European perfumery houses.

Sustainable Practices:

• Collaborative wild harvesting with indigenous communities

• Zero-waste water management in extraction

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8️⃣ 3. RK-Essential Oils

Headquarters: Kannauj, India
Key Offering: Traditional copper-distilled Indian Sandalwood Oil

This fifth-generation perfumer preserves ancient distillation methods while implementing ISO-certified quality controls, supplying global ayurvedic brands and maintaining rare aged Mysore oil inventories.

Sustainable Practices:

• Fairtrade partnerships with smallholder farmers

• Active participation in Indian sandalwood conservation initiatives

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7️⃣ 4. Meena Perfumery

Headquarters: Mumbai, India
Key Offering: Sandalwood fragrance bases

Established in 1948, Meena specializes in authentic Mysore scent replication for mass-market personal care products, leveraging patented molecular matching technologies for consistent olfactory profiles.

Innovation Highlights:

• Chromatography-based scent profiling

• Custom fragrance architecture services

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Sandalwood Essential Oil Market – View in Detailed Research Report

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6️⃣ 5. Naresh International

Headquarters: New Delhi, India
Key Offering: Therapeutic-grade steam-distilled oils

Originating as a licensed sandalwood trader in 1972, Naresh now exports boutique distilled oils to global aromatherapy brands, maintaining artisanal production methods with modern certifications.

Certifications:

• USDA Organic Certified (since 2008)

• ISO 9001:2015 Quality certified operations

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5️⃣ 6. Essentially Australia

Headquarters: Margaret River, Australia
Key Offering: Santalum spicatum oil

Specializing in native Australian species, this boutique producer crafts distinctive fusanol-rich oils preferred by niche perfumers for their unique terroir characteristics.

Sustainable Practices:

• Biodiversity-focused wild harvest protocols

• Carbon-negative distillation certification

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4️⃣ 7. Katyani Exports

Headquarters: Indore, India
Key Offering: Value-segment sandalwood oil blends

Dominating the cost-sensitive market, Katyani supplies economical oil blends for soap, detergent, and incense manufacturers across emerging markets through strategic farmer partnerships.

Operational Advantages:

• 800-ton annual distillation capacity

• Integrated supply chain with 200+ smallholders

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3️⃣ 8. KS&DL (Karnataka Soaps & Detergents)

Headquarters: Bangalore, India
Key Offering: Government-certified Mysore sandalwood oil

As Karnataka’s authorized sandalwood processor, KS&DL controls all legal Mysore oil distribution through state-regulated auctions, supplying India’s premium soap industry from century-old distillation facilities.

Market Position:

• Exclusive government processing rights

• 200+ year distillation heritage

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2️⃣ 9. Sandalwood Forest (Qingyuan)

Headquarters: Guangdong, China
Key Offering: Climate-adapted sandalwood oils

This essential oil leader developed novel cultivars thriving in subtropical climates, addressing China’s growing aromatherapy demand with locally-sourced alternatives.

Technical Innovations:

• Fast-growth hybrid varieties (6-year maturation)

• Industrial-scale CO2 extraction capability

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1️⃣ 10. Jiangxi Jishui Natural Essential Oil Factory

Headquarters: Jiangxi, China
Key Offering: Nature-identical sandalwood fragrances

Specializing in molecular distillation, this chemical engineering leader creates cost-efficient aromatic compounds matching sandalwood’s sensory profile for budget-conscious manufacturers.

Laboratory Capabilities:

• GC-MS quality verification systems

• Custom fragrance formulation services

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Sandalwood Essential Oil Market – View in Detailed Research Report

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🌿 Market Outlook: Evolving Dynamics in Sandalwood Oil Production

The sandalwood industry stands at a critical juncture, balancing traditional production methods with innovation to address sustainability challenges while meeting growing global demand.

📈 Emerging Industry Trends:

• Australian plantation expansion offsetting Indian supply constraints

• Digital traceability solutions ensuring ethical sourcing

• Clinical validation of therapeutic applications driving medical demand

• Precision distillation technologies enhancing oil quality

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Sandalwood Essential Oil Market – View in Detailed Research Report

These industry leaders exemplify the successful convergence of tradition and innovation required to sustain sandalwood oil’s position in global wellness markets while addressing critical ecological concerns.