Press release
Global Essential Oils Market is Estimated to Grow at a CAGR Over 7% from 2016 to 2022
Market OverviewEssential Oil is a Concentrated Hydrophobic Liquid containing Aroma from Plants. They are also identified as Volatile Oils, Ethereal Oils and Aetherolea. There are different types of Extraction Techniques available in the market such as extraction by distillation or by using Steam, Solvent Extraction, Absolute Oil Extraction, Resin Tapping and Cold Pressing which is supporting the growth of Essential Oil Market. Essential Oils are mainly used in Perfumes, Soaps, Cosmetics, Air Fresheners and other Products. Along with this its application in Pharmaceutical Products is increasing due to Antibacterial, Antifungal, Antiviral and Antimicrobial characteristics of the oil. These characteristics of the oil will further drive growth of the market during forecast period 2016-2022.
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Competitive Analysis-
Key Players in the Essential Oils Market are:
• Young Living (U.S.)
• Sydney Essential Oils (Australia)
• Biolandes (France)
• doTERRA (U.S.)
• Farotti SRL (Italy)
• The Lebermuth Company (U.S.)
• Aromatika Ukraine LLC (Ukraine)
• Moksha Lifestyle Products (India)
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Essential Oils Market Report- Forecast to 2022”
Market Forecast
Globally the Essential Oils Market is mainly driven by increasing use of various types of essential oil in personal care and beauty products. Increasing consumer preference for organic flavors in food and beverages is supporting growth of the market. Growing demand for natural personal care products with pleasant aroma is further driving growth of the market. The rising popularity of essential oils in aromatherapy has created a huge demand for quality essential oils which is influencing the market growth.
These factors will play a key role in the growth of essential oils market at the CAGR of 7% during 2016-2022.
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Intended Audience
• Essential oil manufacturers
• Convenience food manufacturers
• Pharmaceutical industry
• Agriculture industry
• Retailers & wholesalers
• E-commerce companies
• Traders, importers and exporters
Key Findings:
• Orange oil is also expected to witness a high growth rate. The demand for biological pest control made from orange oil is significantly increasing in developed countries.
• Demand for pure essential oil is expected to grow at a significant rate compared to compound essential oil.
Market Segmentation-
Global essential oils market is segmented by type, source, ingredients, application and region.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Akash Anand,
Market Research Future
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Email: akash.anand@marketresearchfuture.com
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