The Global Mace Oil Market was valued at USD 34.2 Million in 2024 and is projected to reach USD 43.8 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024-2030). This growth trajectory is fueled by increasing applications in food flavoring, therapeutic aromatherapy, and natural personal care products across major markets.
With regulatory approvals like FDA GRAS status and rising consumer demand for clean-label ingredients, mace oil manufacturers are expanding production capacities and innovating extraction techniques. This report analyzes the Top 10 Companies in the Mace Oil Industry—pioneers setting benchmarks in quality control, sustainable sourcing, and application development across continents.
🔟 1. India Essential Oils
Headquarters: Mumbai, India
Key Offering: Pharmaceutical-grade Mace Oil, Nutraceutical Blends
As South Asia’s largest producer of spice-based essential oils, India Essential Oils controls 18% of global mace oil production. Their steam-distilled variants achieve 98.7% purity levels through proprietary filtration processes.
Market Advantages:
- Operates 12 GMP-certified distillation units across India
- Supplies 45+ multinational food and cosmetic brands
- Patent-protected nano-encapsulation technology for enhanced bioavailability
Download FREE Sample Report: Global Mace Oil Market – View in Detailed Research Report
9️⃣ 2. Aromaaz International
Headquarters: Indore, India
Key Offering: Organic Certified Mace Oil, Custom Formulations
Specializing in therapeutic-grade essential oils since 2001, Aromaaz International produces mace oil with less than 0.5% solvent residue, meeting stringent EU Cosmetic Regulation standards.
Technical Capabilities:
- Fractional distillation delivering precise myristicin concentrations (25-30%)
- B2B solutions for pain relief formulations and stress management products
8️⃣ 3. Kanta Group
Headquarters: Singapore
Key Offering: Industrial Mace Oil, ASEAN Distribution Network
Kanta Group dominates Southeast Asia’s flavor ingredients sector with just-in-time delivery to 600+ food manufacturers. Their cryogenic grinding process preserves 92% of volatile compounds.
Operational Scale:
- 14,000 metric tons annual mace processing capacity
- Strategic partnerships with Indonesian and Malaysian spice growers
7️⃣ 4. Shiv Sales Corporation
Headquarters: Mumbai, India
Key Offering: Mace Oleoresins, Soluble Extracts
This 35-year-old manufacturer supplies standardized oleoresins to global beverage companies, with laboratory capabilities to adjust solubility for alcohol-based applications.
Innovation Pipeline:
- Water-dispersible mace oil variants for RTD tea formulations
- Co-extraction technology combining mace and cinnamon bioactive compounds
Download FREE Sample Report: Global Mace Oil Market – View in Detailed Research Report
6️⃣ 5. Blue Bell Fragrances
Headquarters: New York, USA
Key Offering: Perfumer’s Mace Oil, Luxury Fragrance Ingredients
Supplying 40% of niche perfumeries in North America, Blue Bell’s triple-filtered mace oil contains stabilized sesquiterpenes for prolonged scent profiles in premium fragrances.
Client Segments:
- Exclusive supplier to 3 major French perfume houses
- Custom aging programs creating vintage-style flavor profiles
5️⃣ 6. AGRIM
Headquarters: Chittoor, India
Key Offering: Fair Trade Certified Mace Oil
AGRIM’s farmer collective model supports 2,800 small growers through guaranteed purchases and shared distillation facilities, yielding oils with distinctive regional terroir characteristics.
Socioeconomic Impact:
- 35% women participation in production workforce
- Carbon-negative operations through biomass energy utilization
4️⃣ 7. Sri Venkatesh Aromas
Headquarters: Bangalore, India
Key Offering: Clinical-Grade Mace Oil, Standardized Extracts
This Ayurvedic specialist supplies standardized mace oil to 60+ nutraceutical brands, with documented anti-inflammatory effects in peer-reviewed studies.
Research Initiatives:
- Ongoing clinical trials for neurological applications
- University partnerships analyzing antimicrobial properties
Download FREE Sample Report: Global Mace Oil Market – View in Detailed Research Report
3️⃣ 8. Sanket Enterprises
Headquarters: Ahmedabad, India
Key Offering: Bulk Mace Oil, Private Label Solutions
Specializing in cost-optimized production, Sanket supplies industrial users with consistency-tested mace oil batches at price points 15-20% below market average.
Production Metrics:
- 80,000 liter annual output with 72-hour turnaround times
- Automated ISO 22000-certified bottling lines
2️⃣ 9. Avi Naturals
Headquarters: New Delhi, India
Key Offering: USDA Organic Mace Oil, Blended Wellness Products
Pioneering organic certification in India’s essential oils sector, Avi Naturals exports to 28 countries with complete supply chain transparency from farm to vial.
Certifications:
- USDA Organic, Ecocert, and COSMOS approvals
- Vegan and cruelty-free product lines
1️⃣ 10. Rakesh Sandal Industries
Headquarters: Jaipur, India
Key Offering: Traditional Ayurvedic Mace Oil
Maintaining century-old copper pot distillation methods, this family enterprise produces small-batch oils prized by Ayurvedic practitioners for authentic therapeutic properties.
Cultural Heritage:
- Documented formulations in ancient Ayurvedic texts
- Museum showcasing historical distillation artifacts
Get Full Report Here: Global Mace Oil Market – View in Detailed Research Report
🌿 Market Outlook: The Evolving Landscape of Botanical Actives
The mace oil sector is transitioning from commodity trading to value-added applications, with these key developments:
📈 Emerging Opportunities:
- Pharmaceutical research into myristicin’s neuroprotective potential
- Clean-label movement driving 12% annual growth in natural preservatives
- Microencapsulation technologies enabling water-soluble applications
- Blockchain integration ensuring full supply chain transparency
Get Full Report Here: Global Mace Oil Market – View in Detailed Research Report
These market leaders demonstrate how traditional botanical extracts can achieve mainstream commercial success through scientific validation, process innovation, and responsible sourcing practices.
