Essential oils are extracted from the different parts of plants such as seeds, roots, flowers, stems, leaves, fruits and other parts of the plant. It is obtained from various herbs such as lemon, corn mint, peppermint, orange, eucalyptus, among others. Essential oilsare extensively used in a wide range of applications including food & beverage, home care, health care and others. The essential oil is extracted from various methods such as distillation, extraction with solvents and other extraction. In addition, the distillation is a procedure to separate liquid mixtures by means of boiling and condensation.

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The factors driving the global essential oils market include increasing disposable income among consumers, improved standard of living in developing economies and growing usage of essential oils in various applications especially food and beverages as well as cosmetic applications. The inclination of consumers towards natural and organic products will increase the demand for essential oils in the market. Furthermore, increasing the working women population due to the growing awareness regarding women health and hygiene will boost the global essential oils market. Increasing demand for the added flavors and fragrances and high adoption of natural products over chemical-based products by the consumers will further propel the global essential oils market. In addition, rising demand for aromatic personal care products will further enhance the growth of the global essential oils market in upcoming years. However, the high price of the essential oils, less availability of raw material and side effects related to certain essential oils are the certain factors that may hinder the global essential oils market.

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Various notable players operating in the market, include Cargill, E. I. Du Pont De Nemours and Company, Koninklijke DSM N.V., Dōterra International LLC, Givaudan SA, Firmenich SA, Young Living Essential Oils, Sensient Technologies Corporation, The Lebermuth Company, Inc., International Flavors & Fragrances Inc., Symrise AG, among others. Prominent players are adopting various strategies such as expansion, collaborations, partnerships, product launches and acquisitions to enhance their existing product portfolio and strengthen their position in the global market.

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The global essential oils market has been segmented on the basis of product type, application, method of extraction and key geographies. Based on product type, the market is segmented into lemon oil, orange oil, lime oil, corn mint oil, peppermint oil, citronella oil, spearmint oil, geranium oil, clove leaf oil, lavender oil and others. Based on application, the market is segmented into food & beverage, cosmetics & toiletries, aromatherapy, home care, health care and others. Based on method of extraction, the market is segmented into distillation, carbon dioxide extraction, cold press extraction, solvent extraction and others.

Key questions answered in this research report:

At what pace is global essential oils market growing? What will be the growth trend in the future?
What are the key drivers and restraints in essential oils market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global essential oils market?
What are the various application areas of global essential oils market and how they are poised to grow?

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