Market Analysis: Global Essential Oils Market

The Global Essential Oils Market is expected to reach USD 14.28 million by 2025, from USD 7.44 million in 2017, growing at a CAGR of 8.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Definition: Global Essential Oils Market

The essential oils are termed as ethereal oil or volatile oil having aroma from plants. The oil is obtained from various herbs and plants including orange, peppermint, corn mint, lemon, eucalyptus, and others. The oil is obtained by extraction of leaves, stems, fruits, flowers, seeds, roots, and other parts of the plant. The essential oils are applicable in wide range of applications such as perfumes, soap, cosmetics, and household cleaning products owing to their antiseptic and antibiotic properties. The increasing applications of essential oils are driving the growth of the market. According to Statista in 2015, the demand for essential oils worldwide amounted to approximately 174 tons and is forecasted to reach around 245 tons by 2020. The rising demand for essential oils is also one of the boosting factors to the market. For instance, in November 2017, Organic Aromas, maker of a wide range of premium aromatherapy products for the home and professional-use markets launched several exciting and unique new products with the advent of its proprietary Nebulizing Diffuser technology.

Major Market Drivers and Restraints:
• Rise in the aromatherapy
• Growth in demand of fragrances, flavors and personal care products
• Lower side effects of essential oils
• High industrialization in emerging markets
• Exhaustion of natural resources
• Changing climatic conditions
• Limited availability of raw material

Major Market Competitors/Players: Global Essential Oils Market

Some of the major players operating in the global essential oils market are H. Reynaud & Fils, The Lebermuth Company, dōTERRA, Essential Oils of New Zealand Ltd., Farotti SRL, Flavex Naturextrakte GmbH, Ungerer Limited, West India Spices Inc., India Essential Oils, Cargill, Incorporated., DuPont, Royal DSM, Givaudan, Firmenich SA, Young Living Essential Oils, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, MANE, ROBERTET SA, Rocky Mountain Oils, LLC, Biolandes, MOKSHA, Sydney Essential Oil Co. Pty Ltd., Frutarom among others.

Market Segmentation: Global Essential Oils Market
• The global essential oils market is segmented on the basis of product, application, modes of extraction and end user.
• The global essential oils market is segmented on the basis of product into orange, eucalyptus, cornmint, peppermint, citronella, lemon, lime, clover leaf, spearmint and others. Others are further sub segmented into cederwood, lavandin, litsea cubeba, lemongrass oil, coriander, basil, mandarine, patchouli, tea tree oil.
• The global essential oils market is segmented on the basis of application into food & beverages, medical, cleaning & home, spa & relaxation and others. Others are further sub segmented into pharmaceuticals, aromatherapy, cosmetics, paint, petroleum, textile, paper & printing, perfumes & fragrances and dental preparation industries.
• The global essential oils market is segmented on the basis of modes of extraction into distillation, carbon dioxide extraction, cold press extraction, solvent extraction and others.
• Based on geography, the global essential oils market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Competitive Analysis: Global Essential Oils Market
The global essential oils market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of essential oils for global, Europe, North America, Asia Pacific and South America.

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Research Methodology: Global Essential Oils Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others

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