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Essential Oils Market Size, Share, Growth Analysis Report 2022-2027

02-06-2023 02:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Essential Oils Market Size, Share, Growth Analysis Report

According to IMARC Group's latest report, titled "Essential Oils Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," Offers a comprehensive analysis of the industry, which comprises insights on essentials oils market.

The global essential oils market reached a value of US$ 10.3 Billion in 2021. Essential oils represent aromatic liquids that are generally obtained from the fruits, seeds, roots, stems, leaves, wood, barks, and flowers of a single plant species by using the expression, steam distillation, and carbon dioxide extraction. They have characteristic fragrances and are widely utilized in the manufacturing of soaps, perfumes, shampoos, cleaning gels, etc. Essential oils also exhibit several therapeutic properties. Consequently, they are commonly used in medications for aromatherapy or as carriers for drug delivery. In line with this, essential oils find extensive applications to improve the sensory properties of agricultural items, including animal feeds and food commodities.

Request Free Sample Report: https://www.imarcgroup.com/essential-oils-market/requestsample

Market Trends

The growing number of individuals who are diagnosed with respiratory, dermatological, and dental disorders is primarily driving the essential oils market. Additionally, the widespread adoption of these liquids in various forms, such as decongestants, expectorants, carminative and antibacterial agents, etc., to treat bronchitis and cough is further catalyzing the market growth. Besides this, the inflating popularity of essential oils as natural additives in the conservation and preservation of food products, such as confections, candies, meat, pickles, soft drinks, etc., is acting as another significant growth-inducing factor. Moreover, they include the synthesis of repellents and edible film coatings and as odorants in detergents and paints, which is positively influencing the global market. Apart from this, the rising utilization of essential oils for promoting the safety and quality of seafood, cereal-based items, minimally processed fruit and vegetables, etc., is also propelling the market growth. Furthermore, the introduction of active packaging systems to protect food products from microbial contamination and the escalating demand for extended shelf-life and minimal addition of preservatives are anticipated to fuel the essential oils market over the forecasted period. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2027, exhibiting a CAGR of 9.4% during 2022-2027.

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/essential-oils-market

List of Key Companies Covered in this Market Report:

Biolandes
doTerra
Essential Oils of New Zealand Ltd.
Falcon Essential Oils
Farotti S.R.L.
FLAVEX Naturextrakte GmbH
Reynaud & Fils
India Essential Oils
Moksha Lifestyle Products
Rocky Mountain Oils LLC
Sydney Essential Oil Co. (SEOC)
The Lebermuth Company
Ungerer Limited
Young Living Essential Oils.

The report has segmented the market on the basis of product, application, sale channel and geography.

Breakup by Product:

Cedarwood Oil
Eucalyptus Oil
Lavender Oil
Lemongrass Oil
Rosemary Oil
Tea Tree Oil
Ylang Ylang Oil
Others

Breakup by Application:

Medical
Pharmaceutical
Nutraceuticals
Food and Beverages
Bakery and Confectionery
Beverages
Meat, Poultry and Seafood
Others
Spa and Relaxation
Aromatherapy
Personal Care
Cosmetics
Toiletries
Others
Cleaning and Home
Kitchen Cleaners
Floor Cleaners
Bathroom Cleaner
Others
Others

Breakup by Sales Channel:

Offline Stores
Online Stores

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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