Global Essential Oils Market Size Predicted to Reach USD 14.1 Billion 2026 – Facts & Factors
An increase in the consumer demand for cosmetics and personal care products is estimated to propel the growth of the essential oil market. The benefits of essential oil to the human body are anticipated to create a surging demand from the pharmaceutical industry.
Essential oil is the prominent natural oil that is extracted from the plants. It has the distinguishing smell of the plant from which it is obtained. To produce a single bottle of essential oil it takes numerous quantities of the plants in pounds. Aromatherapy is one of the prominent applications of essential oil. The rise in human stress and anxiety is propelling the demand for essential oil.
The Global essential oil market was at USD 7 billion in 2019, and it is estimated to cross the USD 14.1 billion by 2026 at the CAGR of at least 9.3 percent between the forecast years.
Free Sample of this report available Here
Personal care products are having a wide range of consumer base. From the small baby to the old people consume essential oil through their consumers. From moisturizers, soaps to deodorants all product categories use essential oil as a prominent raw material. The aging population across the globe is creating sustainable demand for the essential oil market. The aging population is pushing consumers towards personal care anti-aging products. Additionally, the negative impact on the work-life balance has created anxiety and stress problems amongst the working population. There are around 3 billion people are employed across the globe. As per the data published by strees.org, around 94 percent of Americans experience stress. Additionally, around 89 percent of the population of India is going through anxiety and stress. An increase in stress is shifting the population towards aromatherapy. Essential oil is prominently used for aromatherapy, the aromatherapy service demand is propelling the consumption of essential oil.
The growth of the aging population across the globe is creating a sustainable demand for personal care products. Essential oil is prominently used for personal care products. Additionally, people suffering from anxiety and stress are pushing the market growth of essential oils. The aromatherapy is creating surging demand for essential oil. Additionally, the negative effects of chemical-based aroma oil may have a negative impact on the human body. The shift towards organic and plant-based oils may create a lucrative opportunity for the essential oil market. However, organizations such as the United Nations have imposed stringent norms over plant harvesting. The stringent regulations on plant harvesting may hinder the market growth of the essential oil market.
Top Market Players
- H.Reynaude & Fils
- Sydney Essential Oils Co. Pty Ltd.
- Biolandes
- Farotti SRL
- The Lebermuth Company
- Moksha Lifestyle Products
- Young Living Essential Oils
- doTERRA International
- West India Species Inc.
- Essential Oils of New Zealand.
To know an additional revised 2020 list of market players, request a sample report
Based on type, the essential oil market is segmented as orange, spearmint, eucalyptus, lime, corn mint, lemon, peppermint, clove, citronella, and others. The lemon category is acquiring a prominent share of the market owing to its popular demand. Based on the Application, the market is segmented as food and beverages, spa and relaxation, cleaning and home, medical, and others. Cleaning and home and spa and relaxation are acquiring the major share of the essential oil market. On the basis of region, the market is bifurcated as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North American market is estimated to have a leading share of the essential oil market.
Frequently Asked Questions
What essential Oil?
Essential oil is the prominent natural oil that is extracted from the plants. It has the distinguishing smell of the plant from which it is obtained. To produce a single bottle of essential oil it takes numerous quantities of the plants in pounds. Aromatherapy is one of the prominent applications of essential oil. The rise in human stress and anxiety is propelling the demand for essential oil.
What are the key factors driving Essential OilMarket expansion?
The growth of the aging population across the globe is creating a sustainable demand for personal care products. Essential oil is prominently used for personal care products. Additionally, people suffering from anxiety and stress are pushing the market growth of essential oils. The aromatherapy is creating surging demand for essential oil. Additionally, the negative effects of chemical-based aroma oil may have a negative impact on the human body. The shift towards organic and plant-based oils may create a lucrative opportunity for the essential oil market.
Request a customized copy of the report HERE
Which region will make notable contributions towards global Essential OilMarket revenue?
On the basis of region, the market is bifurcated as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North American market is estimated to have a leading share of the essential oil market.
Which are the key players leveraging Essential OilMarket growth?
The key market players operating in the essential oil market are West India Species, Inc., Biolandes, Sydney Essential Oils Co. Pty Ltd., doTERRA International, Farotti SRL, The Lebermuth, Rocky Mountain Essential Oils, Young Living Essential Oils, India Essential Oil, Ungerer Limited, Falcon, Essential Oils of New Zealand, FlavexNaturextrakte GmbH, and H.Reynaude&Fils,
Great article.Really thank you! Really Cool.
Very neat blog.Really thank you! Much obliged.
I am so grateful for your article.Much thanks again. Really Cool.
Im grateful for the article. Really Cool.
Really appreciate you sharing this blog post.Much thanks again. Will read on…
I loved your blog article.Much thanks again. Great.
Thanks for sharing, this is a fantastic blog.Thanks Again. Keep writing.
Thanks a lot for the post.Thanks Again. Really Great.
I appreciate you sharing this article. Will read on…
Thanks again for the post.Thanks Again. Keep writing.
Very neat article post.Thanks Again. Great.
Thanks for the article post. Want more.
I really liked your blog.Much thanks again. Want more.
Thanks for the blog article. Cool.
Hey, thanks for the blog post. Keep writing.
Thanks-a-mundo for the article.
I value the blog. Awesome.
I appreciate you sharing this article post. Much obliged.
Looking forward to reading more. Great post.Really looking forward to read more. Much obliged.
Im grateful for the post.Really thank you! Really Great.
Very neat article post.Much thanks again. Fantastic.
Really enjoyed this blog article.Really looking forward to read more. Will read on…
Major thanks for the post.Thanks Again. Great.
Say, you got a nice blog article.Really looking forward to read more. Will read on…
Major thankies for the blog article.Much thanks again. Want more.
Very good blog article.Really looking forward to read more. Really Cool.
Im grateful for the blog post.Thanks Again. Fantastic.
Im grateful for the article.Really thank you! Really Great.
I cannot thank you enough for the blog.Much thanks again. Much obliged.
Very neat article post.Really looking forward to read more. Awesome.
I think this is a real great blog post.Thanks Again. Will read on…
Thanks so much for the article. Really Cool.
Say, you got a nice blog post.Thanks Again. Great.
Appreciate you sharing, great post.Thanks Again. Want more.
Im thankful for the blog article.Really thank you! Awesome.
I really like and appreciate your blog post.Really thank you! Much obliged.
I truly appreciate this article post.Much thanks again. Will read on…
Say, you got a nice blog article.Really thank you! Want more.
Thank you for your blog.Really thank you! Awesome.
Wow, great blog article. Cool.
Enjoyed every bit of your article.Much thanks again. Much obliged.
Wow, great blog post.Thanks Again. Fantastic.
A round of applause for your post.Much thanks again.
I appreciate you sharing this post.Really looking forward to read more. Awesome.
Im grateful for the post.Really looking forward to read more. Really Cool.
Im obliged for the blog article.Thanks Again. Cool.
Major thanks for the blog article.Thanks Again. Fantastic.
Great, thanks for sharing this blog.Thanks Again. Awesome.
Hey, thanks for the article.Thanks Again. Really Great.
Thanks a lot for the article post.Much thanks again. Much obliged.
Wow, great blog.Really looking forward to read more. Really Cool.
Looking forward to reading more. Great article post.Much thanks again. Cool.
Great, thanks for sharing this blog article.Thanks Again. Keep writing.
Muchos Gracias for your blog article.Really looking forward to read more. Great.
Thanks a lot for the article. Keep writing.
Looking forward to reading more. Great blog article.Really looking forward to read more.
A big thank you for your blog post.Really looking forward to read more.
Very neat article. Awesome.
Hey, thanks for the blog post.Thanks Again. Cool.
Thanks-a-mundo for the blog article.Really looking forward to read more.
Very good blog post.Really looking forward to read more. Great.
Enjoyed every bit of your post. Much obliged.
Major thanks for the blog post.Much thanks again. Awesome.
Thanks for the blog article.Much thanks again. Great.
Hey, thanks for the blog article.Really thank you! Want more.
Wow, great blog article.Really looking forward to read more. Fantastic.
Really appreciate you sharing this blog article.Really looking forward to read more. Great.
Very neat article.Really looking forward to read more. Cool.
wow, awesome blog post.Really thank you! Much obliged.
I appreciate you sharing this blog article.Really looking forward to read more. Cool.
Thanks a lot for the blog article.Really looking forward to read more. Keep writing.
Enjoyed every bit of your post. Much obliged.
Im grateful for the blog post.Thanks Again. Keep writing.
I truly appreciate this blog post. Really thank you! Fantastic.
wow, awesome post.Much thanks again. Really Cool.
Thanks a lot for the article post.Thanks Again.
I am so grateful for your blog article.
Say, you got a nice post. Really thank you!
I value the post.Really looking forward to read more. Want more.
Thank you for your blog post.Really looking forward to read more. Want more.
A round of applause for your article. Really looking forward to read more. Much obliged.
I value the article.Really looking forward to read more. Will read on…
Really enjoyed this article post. Really thank you! Want more.
Looking forward to reading more. Great article post.Really looking forward to read more. Cool.
I value the blog post.Really thank you! Really Great.
Thanks again for the blog post.Much thanks again. Keep writing.
Very informative blog.Really thank you! Really Great.
wow, awesome blog post.Thanks Again. Really Great.
I am so grateful for your post.Really thank you! Great.
Thank you for your article.Much thanks again. Keep writing.
A big thank you for your article.Much thanks again. Really Great.
Thank you for your post.Really thank you! Will read on…
Very informative article.Thanks Again. Really Great.
Very good blog article. Fantastic.
Looking forward to reading more. Great article post.Much thanks again. Great.