Global Essential Oils Market Analysis & Industry Forecast 2018-2028, With an Expected CAGR of 8.5% and market players are Young Living Essential Oils, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, MANE, ROBERTET SA,
The essential oils are termed as ethereal oil or volatile oil having aroma from plants. The oil is obtained from various herbs and plants including orange, peppermint, corn mint, lemon, eucalyptus, and others. The oil is obtained by extraction of leaves, stems, fruits, flowers, seeds, roots, and other parts of the plant. The essential oils are applicable in wide range of applications such as perfumes, soap, cosmetics, and household cleaning products owing to their antiseptic and antibiotic properties. The increasing applications of essential oils are driving the growth of the market. According to Statista in 2015, the demand for essential oils worldwide amounted to approximately 174 tons and is forecasted to reach around 245 tons by 2020. The rising demand for essential oils is also one of the boosting factors to the market. For instance, in November 2017, Organic Aromas, maker of a wide range of premium aromatherapy products for the home and professional-use markets launched several exciting and unique new products with the advent of its proprietary Nebulizing Diffuser technology.
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Major Market Drivers & Market Restraint: Global Essential Oils Market
• Rise in the aromatherapy
• Growth in demand of fragrances, flavors and personal care products
• Lower side effects of essential oils
• High industrialization in emerging markets
• Exhaustion of natural resources
• Changing climatic conditions
• Limited availability of raw material
Market Segmentation: Global Essential Oils Market
The global essential oils market is segmented on the basis of product, application, modes of extraction and end user.
The global essential oils market is segmented on the basis of product into
• clover leaf,
• spearmint and others
Others are further sub segmented into cederwood, lavandin, litsea cubeba, lemongrass oil, coriander, basil, mandarine, patchouli, tea tree oil.
The global essential oils market is segmented on the basis of application into
• food & beverages,
• cleaning & home,
• spa & relaxation and others
Others are further sub segmented into pharmaceuticals, aromatherapy, cosmetics, paint, petroleum, textile, paper & printing, perfumes & fragrances and dental preparation industries.
The global essential oils market is segmented on the basis of modes of extraction into
• carbon dioxide extraction,
• cold press extraction,
• solvent extraction and others
Based on geography, the global essential oils market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Asia-Pacific and,
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
The global essential oils market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of essential oils for global, Europe, North America, Asia Pacific and South America.
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Frequently Asked Questions?
• What will the market size be in 2025?
• What are the key factors driving the global market?
• What are the challenges to market growth?
• Who are the key players in the market?
• What are the market opportunities and threats faced by the key players?
• What will be the growth rate in 2025?
• Which strategies are used by top players in the Global Essential Oils Market?
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TABLE OF CONTENTS
2) MARKET SEGMENTATION
3) Market Overview
4) EXECUTIVE SUMMARY
5) premium insights
6) Global Essential Oils Market, by Product
7) Global Essential Oils Market, by Application
8) Global Essential Oils Market, by Mode of Extraction
9) Global Essential Oils Market, by geography
• North America
• south America
• Middle East and Africa
10) Global Essential Oils Market, Competitive Analysis
11) company profiles
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Top Competitors of Market
• Essential Oils of New Zealand Ltd.,
• Farotti SRL,
• Flavex Naturextrakte GmbH,
• Ungerer Limited,
• West India Spices Inc.,
• India Essential Oils,
• Firmenich SA,
• Royal DSM,
• H. Reynaud & Fils,
• The Lebermuth Company,
• Young Living Essential Oils,
• Sensient Technologies Corporation,
• International Flavors & Fragrances Inc.,
• ROBERTET SA,
• Rocky Mountain Oils, LLC,
• Sydney Essential Oil Co. Pty Ltd.,
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Global Botanical Extracts Market: Global Botanical Extracts Market accounted for USD 3.92 Billion in 2017 and is projected to grow at a CAGR of 9.1% during the forecast period of 2018 to 2025.
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