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Essential Oils Market Size and Growth Analysis: 2028 Forecast

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Essential Oils Market Size and Growth Analysis: 2028 Forecast

Essential Oils Market, By Type (Orange, Lemon, Lime, Peppermint, Citronella, and Others), Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), Method of Extraction and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Essential Oils Market Overview

Global Essential Oils market is anticipated to reach USD 10.4 billion in 2021 growing at a CAGR of 9.4% during the forecasting period, 2021-2028.

Essential oils are flower, herbs and plant extracts that are concentrated in order to maintain their essence, fragrance and flavour. These are hydrophobic in nature and are also volatile. They are called essential since they are being derived from a living organism. There are multiple process used to derive these oils which include distillation and steaming. These oils have been believed to have calming effect on mind.

Due to an increased trend of aromatherapy along with the use in cosmetic and beverages are some of the factors that have supported long-term expansion for Essential Oils industry.

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Key Findings

Global Essential Oils market is segmented into Type, Application, Method of Extraction and geography.

Type segment is segmented into Orange, Lemon, Lime, Peppermint, Citronella, and Others

Application segment is segmented into Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, and Healthcare

Geographically, global Essential Oils market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Essential Oils Market Competitive Landscape

Key players

·       Cargill Inc. (US)

·       DuPont (US)

·       Koninklijke DSM N.V. (Netherlands)

·       dôTERRA International LLC (US)

·       Givaudan SA (Switzerland)

·       Young Living Essential Oils (US)

·       The Lebermuth Company Inc. (US)

·       Symrise (Germany)

·       Sensient Technologies Corporation (US)

·       Essential oils of New Zealand (New Zealand)

·       Firmenich SA (Switzerland)

·       International Flavors & Fragrances Inc. (US)

·       Mane (France)

·       ROBERTET SA (France)

·       Rocky Mountain Oils LLC (US)

·       BIOLANDES SAS (France)

·       Falcon (India)

·       Farroti (Italy)

·       Indian Essential Oils (India)

·       Ungerer Limited (UK)

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Reasons to Acquire in the Essential Oils Market

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Essential Oils market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Frequently Asked Questions

What are the years considered to study Essential Oils Market?

What is the compound annual growth rate (CAGR) of the Essential Oils Market?

Which region holds the largest market share in Essential Oils Market?

Which region is growing with the highest CAGR during the forecast period 2023-2030?

Who are the major players in Essential Oils Market?

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