Essential Oils Market Size, Share, and Growth Trends for 2030


Global Essential Oils Market was valued at USD 10.12 billion in 2021 and is expected to reach USD 18.64 billion by the year 2028, at a CAGR of 9.12%.

Essential_Oils_Market

Global Essential Oils Market was valued at USD 10.12 billion in 2021 and is expected to reach USD 18.64 billion by the year 2028, at a CAGR of 9.12%.

Any class of volatile oils derived from plants that process the scent and other distinctive qualities of plants and are mostly used in the food and beverage industry, medicines, cosmetics, and other industries are referred to as essential oils. Essential oils are extracted from plants, including lemongrass, cinnamon, cassia, orange, lemon, ginger, curcuma, rose, and clove, and they are used to make a variety of goods, including subproducts and distinct oil flavors. Additionally, the growing demand for organic, plant-based products and veganism among consumers drove the rise of the essential oils market.

Players Covered in Essential Oil Market are:

Cargill Incorporated, Givaudan S.A., Rocky Mountain Oils LLC., Indian Essential Oils, Ungerer Ltd., DowDuPont, Koninklijke DSM N.V., Young Living Essential Oils, Sensient Technologies Corporation, Mane, dôTERRA, ROBERTET S.A., Falcon, Farroti, H. REYNAUD & FILS, Eden’s Garden, Essential Oils of New Zealand Ltd and other major players.

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The Global Essential Oils Market study contains information on the global industry, as well as user data and numbers. The Global Market is examined in depth in this research report, including raw material suppliers, industry chain structures, and manufacturing. The Essential Oils Sales market investigates the market's most important segments. This insightful analysis includes historical data as well as a predicted timeframe. This report examines the whole value chain, as well as downstream and upstream fundamentals. This Market study examines the Essential Oils Industry's technical data, production plants, and raw material suppliers, as well as which product has the largest penetration, profit margins, and R&D status. The report's forecasts are based on an examination of the market's subdivisions, which include the global market size by product, end-user application, and several regions. The research contains information on market intelligence, changing market dynamics, present and anticipated market trends, and so on.

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Segmentation Analysis of The Essential Oils Market:

By Type

  • Jasmine Oil
  • Lemon Oil
  • Lavender Oil
  • Orange Oil
  • Others

By Application

Food & Beverages

Cosmetics & Personal Care

Home Care

Health Care

Pharmaceuticals

Others

By Extraction Methods

  • Distillation
  • Cold Press Extraction
  • Solvent Extraction
  • Co2 Extraction

By Distribution Channels

  • Supermarket/Hypermarkets
  • Pharmacies
  • Specialty Store
  • Online
  • Others

Regional Analysis of The Essential Oils Market

The North America essential oils market is estimated major countries such as United States and Canada. Growing consumer concerns regarding the ramification of chemical substances in food items and cosmetics and the rising consumer awareness associated with benefits of essential oils are fueled growth of the US essential oils market.

 

Being presence of key players in the Europe region such as, Ungerer Ltd, Mane, BIOLANDES SAS hastening the market growth.  Early developed economy, ahead with a higher standard of living, is imparting to the growth of key end-use industries.

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By Region

  • North America (US, 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, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Report includes Competitor's Landscape:

  • Major trends and growth projections by region and country
  • Key winning strategies followed by the competitors
  • Who are the key competitors in this industry?
  • What shall be the potential of this industry over the forecast tenure?
  • What are the factors propelling the demand for the Action Figures And Statues?
  • What are the opportunities that shall aid in significant proliferation of the market growth?
  • What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
  • How has the covid-19 impacted the growth of the market?
  • Has the supply chain disruption caused changes in the entire value chain?

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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market.

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Published on

Jan 24, 2024

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