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Aromatherapy Market Emerging Trend | By Key Players, Product Type, Application and Region
Aromatherapy Market
Aromatherapy primarily utilizes aromatic materials, including essential oils (EOs), which are believed to enhance psychological well-being. The practice is gaining recognition as an alternative treatment method.
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Key Drivers of Market Growth
Aromatherapy in Cancer Treatment
One of the most significant developments in aromatherapy is its implementation in cancer care. The World Health Organization (WHO) reports that noncommunicable diseases (NCDs) claim approximately 41 million lives annually, accounting for 74% of global deaths. Aromatherapy is increasingly used by cancer patients to improve quality of life and alleviate symptoms such as stress, anxiety, pain, nausea, and vomiting associated with the disease and its treatments. Research indicates that essential oils can inhibit cancer cell growth while sparing healthy cells.
Focus on Mental Health
Growing awareness of mental health issues, with 1 in 8 people globally experiencing mental disorders according to WHO, is driving the aromatherapy market. The practice is being adopted for various mental health conditions, including anxiety, depression, cognitive disorders, insomnia, and stress management.
Innovative Textiles
The use of textiles infused with essential oils is emerging as a promising trend, acting as carriers for therapeutic effects. These textiles can facilitate the controlled release of health-related compounds, improving overall well-being. Applications include antibacterial medical clothing and bedding.
Rising Prevalence of Chronic Diseases
The increasing occurrence of chronic diseases is prompting consumers to seek preventive care options, steering them toward aromatherapy for its numerous health benefits.
Interest in Natural Products
A growing preference for natural products is enhancing the aromatherapy market. Consumers are turning to aromatherapy for its holistic benefits in addressing various health issues, such as anxiety, pain, and skin problems.
Market Challenges
Despite its growth, the aromatherapy market faces challenges. The side effects associated with essential oils, such as skin and nasal irritation, pose significant hurdles. Moreover, certain oils may not be safe for pregnant or breastfeeding women, necessitating continuous research and development to ensure product safety.
Market Segmentation Insights
The aromatherapy market can be segmented by product, mode of delivery, and application:
Product Segmentation: The market comprises consumables (essential oils) and equipment (diffusers). Consumables dominate the market, driven by the increasing adoption of medicinal oils. The equipment segment is expected to see robust growth, particularly with the emergence of innovative diffusers.
Mode of Delivery: The topical application segment leads, as it is the most effective method for delivering therapeutic properties. Direct inhalation is also gaining traction for treating respiratory issues.
Application Insights: The relaxation segment accounts for the largest market share, with essential oils effectively addressing anxiety and sleep disorders. The scar management segment is expected to grow significantly due to rising cases of burn injuries, with essential oils aiding in scar treatment.
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Aromatherapy Top Companies and Competitive Landscape
The global Aromatherapy market is fairly fragmented, with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective Aromatherapy solutions.
Some major players included in the global Aromatherapy market report are:
doTERRA International
Starwest Botanicals.
Eden Garden
Frontier Natural Products Corporation
G Baldwin & Co.
International Flavors & Fragrances Inc.
Isagenix International LLC
Koninklijke DSM N.V.
Mountain Rose Herbs
Organic Aromas
Ouwave Aroma Tech Co. Ltd.
Plant Therapy Inc.
Puzhen
Rocky Mountain Oil
Nu Skin
Symrise
Thann-Oryza Co. Ltd
BASF SE
Young Living Essential Oils
Falcon
Sparoom
Air Aroma
Aromatherapy Latest Industry Updates
In April 2022, The WoodWick Candle Brand, a piece of Newell Brands, launched a creative scent diffuser, the WoodWick Brilliance diffuser, a battery-worked diffuser intended to mirror the brand's famous hourglass outline and furnish buyers with a simple to-change top off process that does not need water.
In March 2022, Saje Normal Health collaborated with The Little Market, a non-profit fair-trade shop featuring ethically sourced, craftsman made products, and launched a limited-edition Aroma Mosaic diffuser. It includes a perplexing carved hexagon-dash design propelled by The Little Market craftsman local community.
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For the purpose of this report, Emergen Research has segmented global Aromatherapy market on the basis of Product, Mode of delivery, Application and region:
Product Outlook (Revenue, USD Billion; 2020-2033)
Consumables
Essential Oils
Singles
Herbaceous
Woody
Spicy
Floral
Citrus
Earthy
Camphoraceous
Others
Blends
Carrier Oils
Equipment
Ultrasonic
Nebulizing
Evaporative
Heat
Mode of Delivery Outlook (Revenue, USD Billion; 2020-2033)
Aerial Diffusion
Topical Application
Direct Inhalation
Application Outlook (Revenue, USD Billion; 2020-2033)
Skin and Hair Care
Pain Management
Relaxation
Scar Management
Insomnia
Cough & Cold
Others
Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Look Over transcripts provided by Emergen Research
Aromatherapy Market Size@ https://www.emergenresearch.com/industry-report/aromatherapy-market/market-size
Aromatherapy Market Share@ https://www.emergenresearch.com/industry-report/aromatherapy-market/market-share
Aromatherapy Market Trends@ https://www.emergenresearch.com/industry-report/aromatherapy-market/market-trends
Aromatherapy Market Demands@ https://www.emergenresearch.com/industry-report/aromatherapy-market/regional-market-demand
Aromatherapy Market Analysis@ https://www.emergenresearch.com/industry-report/aromatherapy-market/market-analysis
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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