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1096556

Essential Oils Market: Current Analysis and Forecast (2021-2027)

Published: | UnivDatos Market Insights Pvt Ltd | 241 Pages | Delivery time: 1-2 business days

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Essential Oils Market: Current Analysis and Forecast (2021-2027)
Published: June 1, 2022
UnivDatos Market Insights Pvt Ltd
Content info: 241 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

The essential oils market is expected to grow at a CAGR of ~9% during the forecast period. Key factors influencing the growth of the essential oils market are the increase in demand for aromatherapy, the growing uses of essential oils in food & beverage, and cosmetic products. Aromatherapy refers to a range of traditional, alternative, or complementary therapies that use essential oils. Moreover, essential oils help in reducing nausea, pain and body aches, anxiety, agitation, stress, depression, fatigue, and insomnia. Stress, depression, and fatigue are some common problems rising with the increasing urbanization. Furthermore, the food industry primarily uses essential oils as flavorings, they represent a source of natural antimicrobials for food preservation.

Insights Presented in the Report

"Amongst type, orange essential oil category held prominent market share in 2020"

Based on type, the market is classified into orange, eucalyptus, lavender, peppermint, citronella, lemon, tea tree, clove, spearmint, and others. In 2020, orange essential oil accounted for a significant share of the global essential oils market. Revenue growth of this segment is being driven by antimicrobial activity and pain relief benefits of orange essential oil. It has d-limonene as its main antimicrobial agent which makes orange essential oil a potential antimicrobial agent. Moreover, the orange essential oil has natural antioxidants which can help in reducing inflammation.

"Amongst methods of extraction, the distillation category accounted for a substantial share in the market"

On the basis of the method of extraction, the essential oils market has been divided into distillation, carbon dioxide extraction, cold press extraction, solvent extraction, and others. Among these, the distillation method of extraction held a significant share in the global essential oils market in 2020 and is expected to grow at a robust rate during the forecast period. The efficiency of the distillation extraction method is the main factor driving the growth of this segment. Moreover, distillation is a process involving the conversion of a liquid into a vapor that is subsequently condensed back to liquid form. Distillation effectively removes inorganic compounds such as metals, nitrate, and microorganisms

"Europe held a prominent share in the global essential oil market"

Europe held a significant share in the global essential oil market and is expected to grow at a robust growth rate during the forecast period. Increasing demand for aromatherapy and growth in research & development activities are driving the growth of this market in Europe. Another reason for the growth of the essential oils market is that European consumers are looking for more natural ways to improve and maintain their health. As a result, the demand for essential oils is increasing in Europe. It is expected that this trend will continue, as essential oils offer many beneficial properties.

Some of the major players operating in the market include: Cargill Inc., Firmenich SA, Rocky Mountain Oils LLC, Young Living Essential Oils LC., Sydney Essential Oil Company, Essential Oils of New Zealand Ltd., Robertet SA, The Lebermuth Company Inc., Givaudan SA, West India Spices Inc. among others.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
  • The report presents a quick review of overall industry performance at one glance
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive country-level analysis of the industry

Customization Options:

The global essential oils market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Product Code: UMCG21889

TABLE OF CONTENTS

1 MARKET INTRODUCTION

  • 1.1. Market Definitions
  • 1.2. Limitation
  • 1.3. Stakeholders
  • 1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

  • 2.1. Research Process of the Essential Oils Market
  • 2.2. Research Methodology of the Essential Oils Market
  • 2.3. Forecasting Method
  • 2.4. Respondent Profile
  • 2.5. Main Objective of the Essential Oils Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 IMPACT OF COVID-19 ON THE ESSENTIAL OILS MARKET

6 ESSENTIAL OILS MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

  • 7.1. Orange
  • 7.2. Eucalyptus
  • 7.3. Lavender
  • 7.4. Peppermint
  • 7.5. Citronella
  • 7.6. Lemon
  • 7.7. Tea Tree
  • 7.8. Clove
  • 7.9. Spearmint
  • 7.10. Others

8 MARKET INSIGHTS BY APPLICATION

  • 8.1. Food And Beverages
  • 8.2. Pharmaceuticals
  • 8.3. Cosmetic & Personal Care
  • 8.4. Home Care
  • 8.5. Others

9 MARKET INSIGHTS BY METHOD OF EXTRACTION

  • 9.1. Distillation
  • 9.2. Carbon Dioxide Extraction
  • 9.3. Cold Press Extraction
  • 9.4. Solvent Extraction
  • 9.5. Others

10 MARKET INSIGHTS BY REGION

  • 10.1. North America Essential Oils Market
    • 10.1.1. U.S.
    • 10.1.2. Canada
    • 10.1.3. Rest of North America
  • 10.2. Europe Essential Oils Market
    • 10.2.1. Germany
    • 10.2.2. U.K.
    • 10.2.3. France
    • 10.2.4. Italy
    • 10.2.5. Spain
    • 10.2.6. Rest of Europe
  • 10.3. Asia-Pacific Essential Oils Market
    • 10.3.1. China
    • 10.3.2. Japan
    • 10.3.3. India
    • 10.3.4. South Korea
    • 10.3.5. Rest of Asia-Pacific
  • 10.4. Rest of World Essential Oils Market

11 ESSENTIAL OILS MARKET DYNAMICS

  • 11.1. Market Drivers
  • 11.2. Market Challenges
  • 11.3. Impact Analysis

12 ESSENTIAL OILS MARKET OPPORTUNITIES

13 ESSENTIAL OILS MARKET TRENDS

14 POLICY AND REGULATORY LANDSCAPE

15 DEMAND AND SUPPLY SIDE ANALYSIS

  • 15.1. Demand Side Analysis
  • 15.2. Supply Side Analysis

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

  • 17.1. Porters Fiver Forces Analysis
    • 17.1.1. Bargaining Power of Buyer
    • 17.1.2. Bargaining Power of Supplier
    • 17.1.3. Intensity of Rivalry
    • 17.1.4. Threats of New Entrant
    • 17.1.5. Threat of Substitute

18 COMPANY PROFILED

  • 18.1. Cargill Inc.
  • 18.2. Firmenich SA
  • 18.3. Rocky Mountain Oils LLC
  • 18.4. Young Living Essential Oils LC.
  • 18.5. Sydney Essential Oil Company
  • 18.6. Essential Oils Of New Zealand Ltd.
  • 18.7. Robertet SA
  • 18.8. The Lebermuth Company Inc.
  • 18.9. Givaudan SA
  • 18.10. West India Spices Inc.

19 DISCLAIMER