The Global Oud Oil Market was valued at USD 617.06 million in 2023 and is projected to reach USD 1006.71 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.50% during the forecast period (2023–2029). This growth is being driven by rising demand in luxury perfumes, increasing use in cosmetics and pharmaceuticals, and growing consumer interest in natural and exotic ingredients from emerging markets in Asia-Pacific and the Middle East.

As the fragrance and wellness industries evolve toward premium, sustainable, and authentic natural products, the focus turns to the key suppliers who are pioneering ethical sourcing, advanced extraction techniques, and innovative applications. In this blog, we profile the Top 10 Companies in the Global Oud Oil Market—a blend of traditional distillers, modern extractors, and sustainable producers shaping the future of this luxurious essential oil.

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🔟 1. HAGA Oud

Headquarters: United Arab Emirates
Key Offering: Distilled Oud Oil, Agarwood Chips, Perfume Blends

HAGA Oud is a prominent player in the oud oil sector, specializing in high-quality distilled oils from responsibly managed agarwood plantations. The company supplies premium-grade oud to the luxury perfume market and serves clients in cosmetics and aromatherapy with traditional hydro-distillation methods that preserve the oil’s rich, woody aroma.

Sustainable Sourcing Initiatives:

• Promotion of cultivated agarwood to reduce pressure on wild trees
• Certifications for ethical harvesting practices
• Investment in R&D for synthetic alternatives blended with natural oud

Download FREE Sample Report: Global Oud Oil Market – View in Detailed Research Report

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9️⃣ 2. DD Oud Oil

Headquarters: India
Key Offering: Extracted Oud Oil, Essential Oil Blends, Bulk Supplies

DD Oud Oil focuses on solvent extraction techniques to produce potent oud variants for pharmaceutical and cosmetic applications. Operating in South Asia, it distributes to international markets where oud’s anti-inflammatory properties are valued in wellness products, ensuring high purity for sensitive formulations.

Sustainable Sourcing Initiatives:

• Community-based farming programs for agarwood trees
• Eco-friendly extraction methods minimizing waste

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8️⃣ 3. TREEDOMOUD

Headquarters: Vietnam
Key Offering: Distilled Oud Oil, Agarwood Products, Custom Perfumes

TREEDOMOUD leverages Vietnam’s agarwood resources to produce distilled oud oil for the cosmetics industry, supplying major beauty brands with oils that enhance premium lotions and serums through consistent distillation expertise.

Sustainable Sourcing Initiatives:

• Partnerships with local conservation groups
• Adoption of renewable energy in distillation plants
• Traceability systems for supply chain transparency

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7️⃣ 4. YUZHI OUD

Headquarters: China
Key Offering: Extracted Oud Oil, Pharmaceutical Grades, Industrial Extracts

YUZHI OUD leads in extracted oud oil for pharmaceutical uses, providing high-concentration oils for traditional medicine and therapeutics, benefiting from China’s advanced processing to supply global pharma firms with antimicrobial properties.

Sustainable Sourcing Initiatives:

• Research into biotech cultivation of agarwood
• Compliance with international biodiversity standards

Download FREE Sample Report: Global Oud Oil Market – View in Detailed Research Report

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6️⃣ 5. Binh Nghia Agarwood Co., Ltd.

Headquarters: Vietnam
Key Offering: Distilled and Extracted Oud Oil, Raw Materials, Finished Goods

Binh Nghia Agarwood Co., Ltd. provides a comprehensive range of oud products from raw agarwood to refined oils, exporting to over 50 countries and capitalizing on Vietnam’s favorable climate for agarwood growth in cosmetics applications.

Sustainable Sourcing Initiatives:

• Plantation development programs in rural areas
• Water conservation techniques in processing

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5️⃣ 6. Thai Borai Agarwood Co., Ltd.

Headquarters: Thailand
Key Offering: Premium Distilled Oud, Perfumery Oils, Custom Blends

Thai Borai Agarwood Co., Ltd. specializes in premium distilled oud oil with deep, resinous notes for luxury perfumery, serving high-end cosmetics clients and exploring pharmaceutical applications with Thailand’s cultivation expertise.

Sustainable Sourcing Initiatives:

• Sustainable forestry certifications
• Community education on agarwood conservation
• Low-emission distillation technologies

Download FREE Sample Report: Global Oud Oil Market – View in Detailed Research Report

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4️⃣ 7. Vietnam Essential Oil

Headquarters: Vietnam
Key Offering: Extracted Oud Oil, Blended Essentials, Bulk Exports

Vietnam Essential Oil supplies extracted oud for cosmetics and other applications, providing bulk pure and potent oils tested for contaminants to meet international demand in wellness trends.

Sustainable Sourcing Initiatives:

• Anti-poaching collaborations with authorities
• Recycling of production byproducts

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3️⃣ 8. JAIE Hao Group

Headquarters: China
Key Offering: Distilled Oud Oil, Pharmaceutical Extracts, Research Grades

JAIE Hao Group supplies distilled oud for pharmaceutical ingredients with a research-driven approach, integrating into health supplements and navigating regulations for export to Europe and North America.

Sustainable Sourcing Initiatives:

• Biotech enhancements for faster agarwood maturation
• Carbon-neutral supply chains

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2️⃣ 9. Essential Oils Company

Headquarters: United Arab Emirates
Key Offering: Premium Oud Blends, Cosmetics Oils, Retail Products

Essential Oils Company offers premium oud blends for cosmetics and skincare, dominating the Middle Eastern market with retail expansions and digital traceability for luxury appeal.

Sustainable Sourcing Initiatives:

• Organic certification pursuits
• Partnerships for reforestation
• Innovation in water-efficient extraction

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1️⃣ 10. Jianxi Xinsen

Headquarters: China
Key Offering: Extracted and Distilled Oud Oil, Industrial Applications, Global Distribution

Jianxi Xinsen leads with comprehensive oud oil offerings for cosmetics, pharmaceuticals, and beyond, supporting high-volume production for multinationals through advanced facilities and R&D investments.

Sustainable Sourcing Initiatives:

• Large-scale sustainable plantations
• Global standards adherence for biodiversity

Read Full Report: Global Oud Oil Market – View in Detailed Research Report

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🌍 Outlook: The Future of Oud Oil Is Sustainable and Innovative

The global oud oil market is experiencing transformative changes. While traditional distillation methods persist, the sector is channeling investments into sustainable cultivation, advanced extraction technologies, and expanded applications beyond fragrances into health and wellness.

📈 Key Trends Shaping the Market:

• Expansion of cultivated agarwood farms in Southeast Asia and the Middle East
• Regulatory incentives for sustainable natural oils in cosmetics and pharma
• Digital platforms for oud traceability and e-commerce sales
• Collaborations between producers and brands for custom formulations

Read Full Report: Global Oud Oil Market – View in Detailed Research Report

The companies listed above are not only supplying the essence of luxury—they’re leading the sustainable transformation of the oud oil industry.