Aromatherapy Market Growth, Essential Oils Benefits, and Key Players | Forecast 2024-2031

Report Overview
Global Aromatherapy Market is estimated to grow at a CAGR of 11.9% during the forecast period 2024-2031.

Aromatherapy, a form of alternative medicine, employs aromatic oils and other aroma compounds to enhance psychological or physical well-being. It is used to address a variety of disorders, including skin issues, pain management, insomnia, cardiovascular and respiratory disorders, digestive problems, cold and cough, immune system functioning, anxiety, and wound healing.

Essential oils, which are natural, organic products extracted from plants, are used in this therapy. These products are non-toxic, safe to inhale, and can act as natural cleansers and antibacterial remedies when ingested.

Therapeutic grade essential oils have a positive impact on a patient's overall wellness. For example, inhaling rosemary oil can alleviate both headaches and cold and cough symptoms. Additionally, when applied topically, it benefits the skin and hair. A clinical trial conducted on 50 patients with second and third-degree burns in 2016, as reported by the National Center for Biotechnology Information (NCBI), demonstrated that aromatherapy could serve as a complementary therapy for pain relief among burn patients.

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Aromatherapy Market Drivers:

The market for aromatherapy is being propelled by several factors, including the increased adoption of essential oils as therapeutic agents for various diseases, the growing use of aromatherapy at home, a rising consumer preference for natural products, and an increase in lifestyle diseases.

As per Plastic and Aesthetic Research, burns account for one million accidents annually in Brazil. Aromatherapy has proven to be highly effective in alleviating burn pain. Pharmaceuticals often have various adverse effects, leading people to lean towards naturally developed products. Unlike synthetic drugs, bacteria and viruses do not develop resistance to natural substances. Moreover, pharmaceuticals may harm healthy cells along with the diseased ones, as seen in cancer therapy.

Therefore, extensive research is being conducted to explore the benefits of essential oils in managing brain cancer. Many drugs have large molecular sizes, rendering them ineffective as treatment solutions. In contrast, essential oils have small-sized molecules that work effectively without damaging the brain. As such, these naturally processed medicinal products hold immense potential in treating chronic diseases without harming surrounding tissues.

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Market Segmentation

By Product Type
Consumables
Equipment

By Mode of Delivery
Topical Application
Aerial Diffusion
Direct Inhalation

By Application
Relaxation
Skin & Hair Care
Pain Management
Cold & Cough
Insomnia
Scar Management
Others

By End User
Home Use
Spa & Wellness Centres
Hospitals & Clinics
Yoga & Meditation Centres

Market Key Players
Major players are Edens Garden, Young Living Essential Oils, Frontier Natural Products Co-op, Rocky Mountain Oils, Plant Therapy Essential Oils, FLORIHANA, Thann-Oryza Co., Ltd., Mountain Rose Herbs, G Baldwin & Co., Ouwave Aroma Tech Co., Ltd. and Biolandes.

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