Essential Oils Market - Trends Forecast Till 2028

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)

Published Date: April, 2021

Base Year Estimate: 2020

Report ID: D-FB-EOM-138

Format:  

Number of Pages: 313

Domain: Food & Beverages

Essential Oils Market – Trends Forecast Till 2028

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.

Essential Oils Market Report

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

Key players in global Essential Oils market are  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), and Ungerer Limited (UK) among others.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Essential Oils market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Essential Oils market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Essential Oils market.

Primary Respondent breakdown is given below:

Essential Oils Market Primary Respondents

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Essential Oils market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • 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

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 10.4 billion

Growth Rate

CAGR of 9.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Type, Application , Method of Extraction and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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), and Ungerer Limited (UK)

Available Customization

In addition to the market data for Essential Oils market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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