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Europe Essential Oils Market: Future Business Trends and Strategic Assessment By 2026 - Key Players are DuPont, Royal DSM, Givaudan, H. Reynaud & Fils, The Lebermuth Company, dōTERRA, Young Living Essential Oils, Sensient Technologies Corporation
This industry segment's potential has been rigorously investigated in conjunction with primary market challenges in this Essential Oils Market Report. This report analyzed in detail the factors influencing production, consumption, revenue, gross margin, cost, gross market share, CAGR and European market for the period 2019-2026. The market drivers and limitations of Essential Oils Market were derived from a well-known SWOT analytical method. The Essential Oils report analyzes the type, application, player and region of the Essential Oils market. To understand these key players and brands, we took profiles from their company. Regional market classification has limited historical. This report contains all company profiles for top players and brands as well as a breakdown of market definitions, classifications and market trends. Also discussed are the new strategic plan and suggestions that will help both old and new players on the market to maintain competitiveness.Europe essential oils market is expected to grow with a CAGR of 18.4% in the forecast period of 2019 to 2026.
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Essential Oils are generally used for the aromatherapy, which is a form of the medical alternative. It contains ethereal oil or volatile oil having aroma similar to the plants. Essential oils are obtained from different herbs which include eucalyptus, lemon, corn mint, peppermint, and orange. They are extracted from the roots, seeds, flowers, fruits, stems, leaves, and other parts of the plant. The essential oils have a wide range of applications in household cleaning, soap, perfumes, and cosmetics owing to their antibiotic and antiseptic properties.
Segmentation: Europe Essential Oils Market
Europe essential oils market is segmented into five notable segments such as type, products, application, extraction method, distribution channel.
On the basis of type, the market is segmented into singles, blends.
In January 2016, Cargill researchers are focusing on improving gut health in poultry to promote feed efficiency and keep birds healthy. This improvement will enhance the company portfolio.
On the basis of products, the market is segmented into lavender oil, lemon oil, orange oil, frankincense, chamomile oil, lime oil, rosemary, tea tree, patchouli oil, lavandin oil, lemongrass oil, citronella oil, balsam, bergamot, mandarine oil, eucalyptus oil, clove oil, cedarwood oil, coriander oil, basil oil, cornmint oil, peppermint oil, spearmint oil, litsea cubeba oil, others.
In December 2017, DSM has acquired BioCare Copenhagen (Denmark)to expand gut health ingredients portfolio with probiotics. This acquisition helped DSM in addressing its ambition in the gut microbiome and its portfolio of nutritional ingredients are very synergetic with BioCare Copenhagen’s approach and products, and there combination will well-catered to address the existing and emerging gut health areas.
On the basis of application, the market is segmented into spa & relaxation, cleaning & home, food & beverages, medical, others. The spa & relaxation segment is sub-segmented into aromatherapy, personal care, and massage oil. The personal care segment is sub-segmented into fragrances, cosmetics.
In February 2019, DuPont will showcase Enviva EO, a natural identical phytogenic blend designed to fit into any nutritional health strategy and consistently improve feed intake, leading to improved gut heath and performance.
On the basis of extraction method, the market is segmented into distillation, cold press extraction, carbon dioxide extraction, solvent extraction, others.
In August 2018, Ungerer Limited U.K is thrilled to announce the opening of a subsidiary office to our Shanghai production facilities. This business expansion will help to grow the company portfolio and growth rate.
On the basis of distribution channel, the market is segmented into Direct, Retail. The retail segment is sub-segmented into supermarket/hypermarket, online retailing.
Major companies including Rocky Mountain Oils, LLC, Young Living Essential Oils, dōterra offers its products through online shopping and distributors.
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Key Players: Europe Essential Oils Market
DuPont, Royal DSM, Givaudan, H. Reynaud & Fils, The Lebermuth Company, dōTERRA, Young Living Essential Oils, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, MANE, Cargill, Essential Oils of New Zealand Ltd., Farotti SRL, Flavex Naturextrakte GmbH, Ungerer Limited, West India Spices Inc., India Essential Oils, Firmenich SA, Incorporated., ROBERTET SA, Rocky Mountain Oils, LLC, Biolandes, MOKSHA, Sydney Essential Oil Co. Pty Ltd., Frutarom
Product Launch:
In April 2018, Edens Garden releases natural bar soap collection made with 100% pure essential oils. This business expansion and product portfolio will enhance the company growth rate.
In October 2018, Edens Garden introduces essential oils candles made with nontoxic ingredients. This product launch will enhance the company growth rate.
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