Essential Oils Market Synopsis
Essential Oils Market Size Was Valued at USD 11.41 billion in 2023, and is Projected to Reach USD 27.82 billion by 2032, Growing at a CAGR of 10.55% From 2024-2032.
Essential oils are natural compounds extracted from plants, providing therapeutic benefits like stress relief, relaxation, immune support, and natural cleaning. They have gained popularity in traditional medicine, aromatherapy, and skin care for their unique characteristics and potential health benefits. Each oil has unique characteristics, making them valuable ingredients in various products and holistic practices.
- Essential oils are renowned for their natural properties, extracted from plants through distillation or cold pressing methods. They are appealing to consumers seeking clean-label and sustainable alternatives, and their diverse applications span across industries like aromatherapy, personal care, cosmetics, food and beverages, home care, and healthcare. Essential oils are used for therapeutic properties in aromatherapy, such as stress relief, relaxation, mood enhancement, and mental clarity, and in personal care and cosmetics, they are incorporated into skincare, haircare, and fragrance products for their fragrance, antimicrobial, and antioxidant benefits.
- The demand for essential oils is driven by consumer interest in natural wellness practices, environmental sustainability, and the preference for clean and green products. Research and development efforts in aromatherapy and natural medicine contribute to the expanding demand. Several trends are shaping the essential oils market, including customization and integration of essential oils into mainstream products, as well as an emphasis on sustainability and ethical sourcing practices.
- The rise in DIY projects and home remedies has boosted demand for essential oils, as consumers seek natural alternatives for personal care, cleaning, and healthcare. This has led to the rise of online communities, blogs, and social media influencers sharing essential oil recipes. The essential oils market reflects a convergence of consumer preferences, industry innovation, and societal trends driving growth and innovation.
Essential Oils Market Trend Analysis
Growing Demand for Natural and Organic Products
- The escalating desire for natural and organic goods serves as a pivotal driving force propelling the surge in demand for essential oils. As consumers become increasingly health-conscious and environmentally mindful, they gravitate towards products devoid of synthetic chemicals, pesticides, and additives. Essential oils, extracted from natural plant sources through methods like distillation or cold pressing, perfectly align with this inclination towards cleaner and more sustainable alternatives. Consumers are now actively seeking transparency and authenticity in their purchases, fueling a growing interest in natural remedies and holistic wellness practices.
- Essential oils are perceived as unadulterated botanical extracts, offering a plethora of therapeutic benefits without the potential drawbacks associated with synthetic compounds. The organic movement is gaining traction, with consumers prioritizing products cultivated using sustainable and environmentally friendly methods. Organic essential oils, sourced from plants grown without synthetic pesticides or fertilizers, cater to the escalating demand for eco-conscious and ethically sourced products. In essence, the escalating demand for natural and organic products is catalyzing the expansion of the essential oils market, as consumers pursue healthier, safer, and more environmentally friendly alternatives for their well-being.
Growing Awareness of Health Benefits
- The increasing recognition of the health advantages linked with essential oils offers a notable opportunity for the essential oils market. With consumers becoming more health-conscious and seeking alternatives to synthetic products, essential oils emerge as an appealing solution. Essential oils are celebrated for their therapeutic properties, encompassing anti-inflammatory, antimicrobial, analgesic, and stress-alleviating effects. These attributes position essential oils as valuable components of wellness regimens and holistic healthcare approaches.
- Essential oils are versatile, finding application in aromatherapy, skincare, massage therapy, and dietary supplements, catering to diverse consumer needs and preferences. The growing popularity of alternative medicine and complementary therapies further fuels interest in essential oils as natural remedies for various common health issues. the proliferation of digital platforms, social media, and online communities has facilitated consumer education and awareness about the health advantages of essential oils, stimulating market expansion and demand.
- The growing awareness of the health benefits of essential oils is driving a shift towards natural wellness practices. Consumers are drawn to their therapeutic properties, which can help manage stress, improve sleep quality, and enhance overall well-being. This trend is affecting industries like healthcare, personal care, and aromatherapy. Manufacturers can capitalize on this by developing innovative products, expanding distribution channels, and educating consumers about the diverse applications of essential oils. This presents a promising market growth opportunity.
Essential Oils Market Segment Analysis:
Essential Oils Market Segmented on the basis of Type, Product, Category, Method of Extraction, and Application.
By Product, Citrus Oils segment is expected to dominate the market during the forecast period
- Citrus oils, derived from fruits like oranges, lemons, and grapefruits, dominate the essential oils market due to their widespread availability and versatile applications across various industries. Citrus fruits are widely cultivated globally, ensuring a steady supply of raw materials for oil extraction. Advancements in cultivation techniques and agricultural practices have further increased citrus fruit yields.
- Citrus oils are known for their vibrant and refreshing aroma, making them popular in fragrances, perfumes, and aromatherapy products. They are also sought after in the wellness and personal care industries for their natural antibacterial and antifungal properties. In the food and beverage industry, citrus oils are used as flavoring agents in various products, adding depth and complexity to culinary creations. They are also valued for their potential health benefits, including antioxidants, vitamins, and bioactive compounds, which support immune health, aid digestion, and skincare.
- Citrus oils are a popular choice due to their versatility, compatibility with various products, and ability to blend with other essential oils for custom fragrances or therapeutic formulations. Their long shelf life and stability make them suitable for various formulations without compromising quality. Citrus oils' ability to evoke freshness, vitality, and positivity resonates with consumers seeking natural, uplifting experiences, driving sustained demand and market growth in this popular product category.
By Application, Organic segment is expected to dominate the market during the forecast period
- Organic essential oils are experiencing rapid growth compared to conventional oils due to increasing demand for natural products. This growth is driven by health-conscious consumers' growing awareness of the risks associated with synthetic chemicals and pesticides and the growing distrust towards conventional farming practices. Organic certification ensures essential oils are derived from plants grown and processed according to strict organic standards, providing transparency and authenticity.
- The organic movement is supported by regulatory initiatives and certification programs that promote organic agriculture and ensure compliance with organic standards, building consumer trust and confidence in organic products. The rapid growth of organic essential oils reflects shifting consumer preferences towards natural, organic, and sustainably sourced products, driving market expansion in response to evolving consumer demands for healthier and environmentally conscious alternatives.
- Organic essential oils are known for their superior quality and potency due to their cultivation in nutrient-rich soil and strict organic farming practices. This appeals to consumers who prioritize efficacy and purity. The increasing availability of organic essential oils across various distribution channels has facilitated their growth. As consumers prioritize health, sustainability, and authenticity, the demand for organic essential oils is expected to accelerate, driving continued growth and expansion in the organic segment of the essential oils market.
Essential Oils Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- The Asia Pacific region is anticipated to lead the essential oils market due to several pivotal reasons. Initially, this area boasts extensive biodiversity, abundant in botanical resources essential for producing oils. Nations like India, China, and Indonesia have rich histories of traditional medicine and herbal remedies, laying a robust groundwork for the extraction and application of essential oils.
- Escalating disposable incomes and evolving lifestyles within the region have spurred an augmented demand for natural and organic products, including essential oils. As individuals prioritize health and environmental consciousness, they increasingly seek alternatives to synthetic items, propelling the market expansion of natural ingredients like essential oils.
- Rapid urbanization and industrial development in the Asia Pacific region have heightened the need for personal care, cosmetics, and aromatherapy products. With a sizable population and diverse consumer base, the region presents substantial market potential for essential oils.
Essential Oils Market Top Key Players:
- Young Living Essential Oils (US)
- Lebermuth Inc (US)
- Anima Mundi Apothecary (US)
- Nefertari Inc. (US)
- Mountain Rose Herbs (US)
- Plant Therapy (US)
- Rocky Mountain Oils (US)
- Melaleuca, Inc. (US)
- The Lebermuth Company (US)
- Sensient Technologies Corporation (US)
- ScentAir Technologies, Inc. (US)
- doTERRA (US)
- Symrise AG (Germany)
- H. Reynaud & Fils (France)
- Robertet (France)
- Firmenich SA (Switzerland)
- Givaudan SA (Switzerland)
- Sydney Essential Oil Co. (Australia)
- FAROTTI SRL (Italy)
- Moksha Lifestyle Products (India)
- Kelvin Natural Mint Pvt. Ltd. (India)
- LISHA Trade (India)
- KM Chemicals (India)
- AROMA TIERRA (India)
- Still Pure Naturals Ltd. (South Africa)
- SOiL Organic Aromatherapy and Skincare (South Africa), and Other Major Players.
Key Industry Developments in the Essential Oils Market:
- In July 2022, doTERRA is experiencing rapid growth as it expands its operations into India. With essential oils sourced from regions including India, Asia, the Pacific, the Middle East, and Africa, establishing a presence in India aligns strategically with doTERRA's global expansion plans.
- In February 2022, Givaudan completed the acquisition of Myrissi, a company based in France. This acquisition is integral to Givaudan's long-term strategy in Fragrance & Beauty, as Myrissi's expertise in artificial intelligence (AI) will enable Givaudan to introduce innovative approaches to consumer experiences and preferences.
Global Essential Oils Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2020 |
Market Size in 2023: |
USD 12.14 Bn. |
Forecast Period 2022-28 CAGR: |
11.2 % |
Market Size in 2030: |
USD 25.52 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Extraction Methods |
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By Distribution Channels |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Type
ā3.2 By Application
ā3.3 By Extraction Methods
ā3.4 By Distribution Channels
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Essential Oils Market by Type
ā5.1 Essential Oils Market Overview Snapshot and Growth Engine
ā5.2 Essential Oils Market Overview
ā5.3 Jasmine Essential Oils
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2016-2028F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Jasmine Essential Oils: Grographic Segmentation
ā5.4 Lemon Essential Oils
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2016-2028F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Lemon Essential Oils: Grographic Segmentation
ā5.5 Lavender Essential Oils
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2016-2028F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Lavender Essential Oils: Grographic Segmentation
ā5.6 Orange Essential Oils
āā5.6.1 Introduction and Market Overview
āā5.6.2 Historic and Forecasted Market Size (2016-2028F)
āā5.6.3 Key Market Trends, Growth Factors and Opportunities
āā5.6.4 Orange Essential Oils: Grographic Segmentation
ā5.7 Others
āā5.7.1 Introduction and Market Overview
āā5.7.2 Historic and Forecasted Market Size (2016-2028F)
āā5.7.3 Key Market Trends, Growth Factors and Opportunities
āā5.7.4 Others: Grographic Segmentation
Chapter 6: Essential Oils Market by Application
ā6.1 Essential Oils Market Overview Snapshot and Growth Engine
ā6.2 Essential Oils Market Overview
ā6.3 Food & Beverages
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2016-2028F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Food & Beverages: Grographic Segmentation
ā6.4 Cosmetics & Personal Care
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2016-2028F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Cosmetics & Personal Care: Grographic Segmentation
ā6.5 Home Care
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2016-2028F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Home Care: Grographic Segmentation
ā6.6 Health Care
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2016-2028F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Health Care: Grographic Segmentation
ā6.7 Pharmaceuticals
āā6.7.1 Introduction and Market Overview
āā6.7.2 Historic and Forecasted Market Size (2016-2028F)
āā6.7.3 Key Market Trends, Growth Factors and Opportunities
āā6.7.4 Pharmaceuticals: Grographic Segmentation
ā6.8 Others
āā6.8.1 Introduction and Market Overview
āā6.8.2 Historic and Forecasted Market Size (2016-2028F)
āā6.8.3 Key Market Trends, Growth Factors and Opportunities
āā6.8.4 Others: Grographic Segmentation
Chapter 7: Essential Oils Market by Extraction Methods
ā7.1 Essential Oils Market Overview Snapshot and Growth Engine
ā7.2 Essential Oils Market Overview
ā7.3 Distillation
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2016-2028F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Distillation: Grographic Segmentation
ā7.4 Cold Press Extraction
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2016-2028F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Cold Press Extraction: Grographic Segmentation
ā7.5 Solvent Extraction
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2016-2028F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Solvent Extraction: Grographic Segmentation
ā7.6 Co2 Extraction
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2016-2028F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Co2 Extraction: Grographic Segmentation
Chapter 8: Essential Oils Market by Distribution Channels
ā8.1 Essential Oils Market Overview Snapshot and Growth Engine
ā8.2 Essential Oils Market Overview
ā8.3 Supermarket/Hypermarkets
āā8.3.1 Introduction and Market Overview
āā8.3.2 Historic and Forecasted Market Size (2016-2028F)
āā8.3.3 Key Market Trends, Growth Factors and Opportunities
āā8.3.4 Supermarket/Hypermarkets: Grographic Segmentation
ā8.4 Pharmacies
āā8.4.1 Introduction and Market Overview
āā8.4.2 Historic and Forecasted Market Size (2016-2028F)
āā8.4.3 Key Market Trends, Growth Factors and Opportunities
āā8.4.4 Pharmacies: Grographic Segmentation
ā8.5 Specialty Store
āā8.5.1 Introduction and Market Overview
āā8.5.2 Historic and Forecasted Market Size (2016-2028F)
āā8.5.3 Key Market Trends, Growth Factors and Opportunities
āā8.5.4 Specialty Store: Grographic Segmentation
ā8.6 Online
āā8.6.1 Introduction and Market Overview
āā8.6.2 Historic and Forecasted Market Size (2016-2028F)
āā8.6.3 Key Market Trends, Growth Factors and Opportunities
āā8.6.4 Online: Grographic Segmentation
ā8.7 Others
āā8.7.1 Introduction and Market Overview
āā8.7.2 Historic and Forecasted Market Size (2016-2028F)
āā8.7.3 Key Market Trends, Growth Factors and Opportunities
āā8.7.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
ā9.1 Competitive Landscape
āā9.1.1 Competitive Positioning
āā9.1.2 Essential Oils Sales and Market Share By Players
āā9.1.3 Industry BCG Matrix
āā9.1.4 Ansoff Matrix
āā9.1.5 Essential Oils Industry Concentration Ratio (CR5 and HHI)
āā9.1.6 Top 5 Essential Oils Players Market Share
āā9.1.7 Mergers and Acquisitions
āā9.1.8 Business Strategies By Top Players
ā9.2 CARGILL INCORPORATED
āā9.2.1 Company Overview
āā9.2.2 Key Executives
āā9.2.3 Company Snapshot
āā9.2.4 Operating Business Segments
āā9.2.5 Product Portfolio
āā9.2.6 Business Performance
āā9.2.7 Key Strategic Moves and Recent Developments
āā9.2.8 SWOT Analysis
ā9.3 GIVAUDAN S.A.
ā9.4 ROCKY MOUNTAIN OILS LLC.
ā9.5 INDIAN ESSENTIAL OILS
ā9.6 UNGERER LTD.
ā9.7 DOWDUPONT
ā9.8 KONINKLIJKE DSM N.V.
ā9.9 YOUNG LIVING ESSENTIAL OILS
ā9.10 SENSIENT TECHNOLOGIES CORPORATION
ā9.11 MANE
ā9.12 DĆTERRA
ā9.13 ROBERTET S.A.
ā9.14 FALCON
ā9.15 FARROTI
ā9.16 H. REYNAUD & FILS
ā9.17 EDENāS GARDEN
ā9.18 ESSENTIAL OILS OF NEW ZEALAND LTD
ā9.19 OTHER MAJOR PLAYERS
Chapter 10: Global Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā10.1 Market Overview
ā10.2 Historic and Forecasted Market Size By Type
āā10.2.1 Jasmine Essential Oils
āā10.2.2 Lemon Essential Oils
āā10.2.3 Lavender Essential Oils
āā10.2.4 Orange Essential Oils
āā10.2.5 Others
ā10.3 Historic and Forecasted Market Size By Application
āā10.3.1 Food & Beverages
āā10.3.2 Cosmetics & Personal Care
āā10.3.3 Home Care
āā10.3.4 Health Care
āā10.3.5 Pharmaceuticals
āā10.3.6 Others
ā10.4 Historic and Forecasted Market Size By Extraction Methods
āā10.4.1 Distillation
āā10.4.2 Cold Press Extraction
āā10.4.3 Solvent Extraction
āā10.4.4 Co2 Extraction
ā10.5 Historic and Forecasted Market Size By Distribution Channels
āā10.5.1 Supermarket/Hypermarkets
āā10.5.2 Pharmacies
āā10.5.3 Specialty Store
āā10.5.4 Online
āā10.5.5 Others
Chapter 11: North America Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Type
āā11.4.1 Jasmine Essential Oils
āā11.4.2 Lemon Essential Oils
āā11.4.3 Lavender Essential Oils
āā11.4.4 Orange Essential Oils
āā11.4.5 Others
ā11.5 Historic and Forecasted Market Size By Application
āā11.5.1 Food & Beverages
āā11.5.2 Cosmetics & Personal Care
āā11.5.3 Home Care
āā11.5.4 Health Care
āā11.5.5 Pharmaceuticals
āā11.5.6 Others
ā11.6 Historic and Forecasted Market Size By Extraction Methods
āā11.6.1 Distillation
āā11.6.2 Cold Press Extraction
āā11.6.3 Solvent Extraction
āā11.6.4 Co2 Extraction
ā11.7 Historic and Forecasted Market Size By Distribution Channels
āā11.7.1 Supermarket/Hypermarkets
āā11.7.2 Pharmacies
āā11.7.3 Specialty Store
āā11.7.4 Online
āā11.7.5 Others
ā11.8 Historic and Forecast Market Size by Country
āā11.8.1 U.S.
āā11.8.2 Canada
āā11.8.3 Mexico
Chapter 12: Europe Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Type
āā12.4.1 Jasmine Essential Oils
āā12.4.2 Lemon Essential Oils
āā12.4.3 Lavender Essential Oils
āā12.4.4 Orange Essential Oils
āā12.4.5 Others
ā12.5 Historic and Forecasted Market Size By Application
āā12.5.1 Food & Beverages
āā12.5.2 Cosmetics & Personal Care
āā12.5.3 Home Care
āā12.5.4 Health Care
āā12.5.5 Pharmaceuticals
āā12.5.6 Others
ā12.6 Historic and Forecasted Market Size By Extraction Methods
āā12.6.1 Distillation
āā12.6.2 Cold Press Extraction
āā12.6.3 Solvent Extraction
āā12.6.4 Co2 Extraction
ā12.7 Historic and Forecasted Market Size By Distribution Channels
āā12.7.1 Supermarket/Hypermarkets
āā12.7.2 Pharmacies
āā12.7.3 Specialty Store
āā12.7.4 Online
āā12.7.5 Others
ā12.8 Historic and Forecast Market Size by Country
āā12.8.1 Germany
āā12.8.2 U.K.
āā12.8.3 France
āā12.8.4 Italy
āā12.8.5 Russia
āā12.8.6 Spain
āā12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Type
āā13.4.1 Jasmine Essential Oils
āā13.4.2 Lemon Essential Oils
āā13.4.3 Lavender Essential Oils
āā13.4.4 Orange Essential Oils
āā13.4.5 Others
ā13.5 Historic and Forecasted Market Size By Application
āā13.5.1 Food & Beverages
āā13.5.2 Cosmetics & Personal Care
āā13.5.3 Home Care
āā13.5.4 Health Care
āā13.5.5 Pharmaceuticals
āā13.5.6 Others
ā13.6 Historic and Forecasted Market Size By Extraction Methods
āā13.6.1 Distillation
āā13.6.2 Cold Press Extraction
āā13.6.3 Solvent Extraction
āā13.6.4 Co2 Extraction
ā13.7 Historic and Forecasted Market Size By Distribution Channels
āā13.7.1 Supermarket/Hypermarkets
āā13.7.2 Pharmacies
āā13.7.3 Specialty Store
āā13.7.4 Online
āā13.7.5 Others
ā13.8 Historic and Forecast Market Size by Country
āā13.8.1 China
āā13.8.2 India
āā13.8.3 Japan
āā13.8.4 Singapore
āā13.8.5 Australia
āā13.8.6 New Zealand
āā13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Type
āā14.4.1 Jasmine Essential Oils
āā14.4.2 Lemon Essential Oils
āā14.4.3 Lavender Essential Oils
āā14.4.4 Orange Essential Oils
āā14.4.5 Others
ā14.5 Historic and Forecasted Market Size By Application
āā14.5.1 Food & Beverages
āā14.5.2 Cosmetics & Personal Care
āā14.5.3 Home Care
āā14.5.4 Health Care
āā14.5.5 Pharmaceuticals
āā14.5.6 Others
ā14.6 Historic and Forecasted Market Size By Extraction Methods
āā14.6.1 Distillation
āā14.6.2 Cold Press Extraction
āā14.6.3 Solvent Extraction
āā14.6.4 Co2 Extraction
ā14.7 Historic and Forecasted Market Size By Distribution Channels
āā14.7.1 Supermarket/Hypermarkets
āā14.7.2 Pharmacies
āā14.7.3 Specialty Store
āā14.7.4 Online
āā14.7.5 Others
ā14.8 Historic and Forecast Market Size by Country
āā14.8.1 Turkey
āā14.8.2 Saudi Arabia
āā14.8.3 Iran
āā14.8.4 UAE
āā14.8.5 Africa
āā14.8.6 Rest of MEA
Chapter 15: South America Essential Oils Market Analysis, Insights and Forecast, 2016-2028
ā15.1 Key Market Trends, Growth Factors and Opportunities
ā15.2 Impact of Covid-19
ā15.3 Key Players
ā15.4 Key Market Trends, Growth Factors and Opportunities
ā15.4 Historic and Forecasted Market Size By Type
āā15.4.1 Jasmine Essential Oils
āā15.4.2 Lemon Essential Oils
āā15.4.3 Lavender Essential Oils
āā15.4.4 Orange Essential Oils
āā15.4.5 Others
ā15.5 Historic and Forecasted Market Size By Application
āā15.5.1 Food & Beverages
āā15.5.2 Cosmetics & Personal Care
āā15.5.3 Home Care
āā15.5.4 Health Care
āā15.5.5 Pharmaceuticals
āā15.5.6 Others
ā15.6 Historic and Forecasted Market Size By Extraction Methods
āā15.6.1 Distillation
āā15.6.2 Cold Press Extraction
āā15.6.3 Solvent Extraction
āā15.6.4 Co2 Extraction
ā15.7 Historic and Forecasted Market Size By Distribution Channels
āā15.7.1 Supermarket/Hypermarkets
āā15.7.2 Pharmacies
āā15.7.3 Specialty Store
āā15.7.4 Online
āā15.7.5 Others
ā15.8 Historic and Forecast Market Size by Country
āā15.8.1 Brazil
āā15.8.2 Argentina
āā15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global Essential Oils Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2020 |
Market Size in 2023: |
USD 12.14 Bn. |
Forecast Period 2022-28 CAGR: |
11.2 % |
Market Size in 2030: |
USD 25.52 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Extraction Methods |
|
||
By Distribution Channels |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Essential Oils Market research report is 2024-2032.
Young Living Essential Oils (US), Lebermuth Inc (US), Anima Mundi Apothecary (US), Nefertari Inc. (US), Mountain Rose Herbs (US), Plant Therapy (US), Rocky Mountain Oils (US), Melaleuca, Inc. (US), The Lebermuth Company (US), Sensient Technologies Corporation (US), ScentAir Technologies, Inc. (US), doTERRA (US), Symrise AG (Germany), H. Reynaud & Fils (France), Robertet (France), Firmenich SA (Switzerland), Givaudan SA (Switzerland), Sydney Essential Oil Co. (Australia), FAROTTI SRL (Italy), Moksha Lifestyle Products (India), Kelvin Natural Mint Pvt. Ltd. (India), LISHA Trade (India), KM Chemicals (India), AROMA TIERRA (India), Still Pure Naturals Ltd. (South Africa), SOiL Organic Aromatherapy and Skincare (South Africa) and Other Major Players.
The Essential Oils Market is segmented into Type, Product, Category, Method of Extraction, Application, and region. By Type, the market is categorized into Single Essential Oils and blends. By Product, the market is categorized into Citrus Oils, Floral Oils, Herbaceous Oils, Camphoraceous Oils, Minty Oils, and Spicy Oils. By Category, the market is categorized into Conventional and Organic. By Method of Extraction, the market is categorized into Hydro-Or-Steam- Distillation, Microwave Assisted Process (MAP), Cold Press Extraction, Water Distillation, Supercritical Fluid Extraction, and Solvent Extraction. By Application, the market is categorized into Food & Beverages, Aromatherapy, Cosmetics & Personal Care, Home Care, Toiletries and Cleaners, Alternative Energy, and Medical. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Essential oils are natural compounds extracted from plants, providing therapeutic benefits like stress relief, relaxation, immune support, and natural cleaning. Used in traditional medicine, aromatherapy, and skin care, they have gained popularity for their unique characteristics and potential health benefits. Each oil has unique characteristics, making them valuable ingredients in various products and holistic practices.
Essential Oils Market Size Was Valued at USD 11.41 billion in 2023, and is Projected to Reach USD 27.82 billion by 2032, Growing at a CAGR of 10.55% From 2024-2032.