The global essential oils market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.7% during 2023-2028.
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2. Report Description
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3. Report Description
Report Description and Highlights
Global Essential Oils Market Research Report:
The latest report by IMARC, titled “Essential Oils Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028” the global essential oils market size reached US$ 11.2 Billion in
2022.
Essential oils are aromatic liquids derived from plant materials through steam distillation. They are
made of lipophilic, secondary plant metabolites, and principally mono- and sesquiterpenes. They are
known to assist in reducing inflammation, treating sleep disorders like insomnia, and relieving stress,
anxiety, headaches, and migraines. At present, their sales are increasing around the world on account
of the growing popularity of aromatherapy.
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4. Report Description
Report Description and Highlights
Global Essential Oils Market Trends:
Essential oils are utilized in aroma pots or aroma diffusers to add natural fragrance at homes. This, along with the
rising prevalence of respiratory, dermatological, and dental disorders, represents one of the key factors bolstering the
growth of the market. Apart from this, they are widely used as decongestants, expectorants, carminatives, and
antibacterial agents to treat cough, bronchitis, and other respiratory tract ailments. This, coupled with the growing
use of essential oils as natural additives and flavoring agents in the preservation of food products, such as
confections, candies, meat, pickles, and soft drinks, is positively influencing the market.
Moreover, essential oils are widely used in manufacturing personal care products, such as soaps, perfumes,
shampoos, and cleansing gels. Furthermore, the market is driven by the increasing product applications in improving
the safety and quality of seafood, dairy products, cereal-based items, and minimally processed fruit and vegetables.
Looking forward, IMARC Group expects the market to grow at a CAGR of 8.7% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).
5. Report Description
Report Description and Highlights
Market Summary:
Breakup by Product:
• Cedarwood Oil
• Eucalyptus Oil
• Lavender Oil
• Lemongrass Oil
• Rosemary Oil
• Tea Tree Oil
• Ylang Ylang Oil
• Others
Breakup by Application:
• Medical
• Pharmaceutical
• Nutraceuticals
• Food and Beverages
• Bakery and Confectionery
• Beverages
6. Report Description
Report Description and Highlights
• Meat, Poultry and Seafood
• Others
• Spa and Relaxation
• Aromatherapy
• Personal Care
• Cosmetics
• Toiletries
• Others
• Cleaning
• Kitchen Cleaners
• Floor Cleaners
• Bathroom Cleaner
• Others
• Others
Breakup by Sales Channel:
• Offline Stores
• Online Stores
Breakup by Region:
7. Report Description
Report Description and Highlights
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
9. Competitive Landscape with Key Players:
• Biolandes
• doTerra
• Essential Oils of New Zealand Ltd.
• Falcon Essential Oils
• Farotti S.R.L.
• FLAVEX Naturextrakte GmbH
• H. Reynaud & Fils
• India Essential Oils
• Moksha Lifestyle Products
• Rocky Mountain Oils LLC
• Sydney Essential Oil Co. (SEOC)
• The Lebermuth Company
• Ungerer Limited
• Young Living Essential Oils
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Report Description
Report Description and Highlights
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Partial List of Clients
11. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients