Essential Oil Market was valued at USD 9.84 Bn in 2023 and is expected to reach USD 21.48 Bn by 2030, at a CAGR of 11.8 % during the forecast period.
Essential Oil Market Overview
The research findings indicate substantial growth opportunities for the Essential Oil Market within the anticipated period. The report conducts a thorough analysis of the market structure, providing valuable insights into the sector of Essential Oil Market.
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Essential Oil Market Scope and Research Methodology
The Essential Oil Market was developed using a combination of primary and secondary research methods. Primary research involved interviews with industry experts, while secondary research involved a review of industry publications, government reports, and other relevant sources. The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the Essential Oil Market dynamics, market size, market share, and key players. It also includes a list of the Essential Oil Market key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the Essential Oil Market industry. A bottom-up approach was used to estimate the Essential Oil Market size.
Essential Oil Market Regional Analysis
The report provides a detailed analysis of the Essential Oil Market across regions, sub-regions, and countries. Profit forecasts and market share information for each country are included, along with discussions on share and growth rates in each region, country, and sub-market. A comprehensive PEST analysis for North America, Europe, Asia Pacific, Middle East and Africa, and South America evaluates political, economic, social, and technical factors influencing the Essential Oil Market in these regions.
Essential Oil Market Segmentation
by Type
Orange oil
Lemon oil
Lavender oil
Lime oil
Peppermint oil
Geranium oil
Clove leaf oil
Eucalyptus oil
Jasmine oil
Tea tree oil
Rosemary oil
Others
by Mode of Extraction
Distillation
Carbon dioxide extraction
Cold press extraction
Solvent extraction
Others
by Application
Food & beverage
Cosmetics & toiletries
Aromatherapy
Home care
Health care
Others
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Essential Oil Market Key Players:
North America:
1. Young Living Essential Oil – Lehi, Utah
2. doTERRA International LLC – Pleasant Grove, Utah, USA
3. Frontier Co-op – Norway, Iowa, USA
4. Rocky Mountain Oils – Orem, Utah, USA
5. Plant Therapy Essential Oils – Twin Falls, Idaho, USA
Europe:
6. NEOM Organics (UK)
7. Farotti Essenze Srl – Bergamo, Italy
8. Biolandes SAS – Maisons-Alfort, France
9. Symrise AG – Holzminden, Germany
10. Robertet Group – Grasse, France
11. Florihana Distillerie – Cabris, France
Asia Pacific:
12. Frutarom Industries Ltd. (Takasago International Corporation) – Tokyo, Japan
13. Young Living Essential Oils (Asia Pacific) Ltd. – Chatswood, Australia
14. NHR Organic Oils – India
15. Shaanxi Guanjie Technology Co., Ltd. – Xi’an, China
16. Australian Botanical Products – Melbourne, Australia
Key Questions answered in the Essential Oil Market are:
- What is Essential Oil Market?
- What will be the CAGR of the Essential Oil Market during the forecast period?
- Which region held the largest market share in the Essential Oil Market?
- What are the opportunities for the Essential Oil Market?
- What factors are hampering the Essential Oil Market growth?
- Which company held the largest share in the Essential Oil Market?
- What key trends are likely to emerge in the Essential Oil Market in the coming years?
- Who are the Essential Oil Market key players in the Essential Oil Market industry?
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Key offerings include:
- Comprehensive Market Overview
- Analysis of Market Share
- Evaluation of Market Size
- Revenue Forecast for Market Growth
- Market Dynamics covering Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Detailed Market Segmentation Analysis, including sub-segments
- Examination of the Competitive Landscape, highlighting Leading Key Players and other Prominent Participants
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