Essential Oils Market By Product Type, Application (Food & beverages, Cosmetics & Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits & Vegetables, Herbs & Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027
As of 2022, the global essential oils market size was valued at USD 8.8 billion and is expected to grow at a compound annual growth rate of 11.8% from 2022 to 2027. Several key end-user industries, such as food & beverage, beauty & personal care, and aromatherapy, are driving growth in the industry. Due to their health benefits and limited side effects, essential oils are now finding their way into a variety of new industries. Healthy living and ingredient transparency are boosting demand for these oils in North America. Furthermore, essential oil applications are causing R&D and product development to explode, which will boost the global market in the years to come.
"Essential oils industry is set to experience exceptional growth, particularly in the lavender oil segment"
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Essential Oils Market Dynamics
Drivers: The aromatherapy industry has overall displayed an upward trend
Aromatherapy is gaining traction globally, and its rising demand is attributed to the rising hospitality sector and consumer preference for natural aromatherapy products and premium fragrances. The sedentary lifestyle has resulted in increased stress and anxiety levels globally. There is an increased demand for aromatherapy as it is clinically proven to cater to such conditions as it elevates cognitive performance, mood, and performance ability. The stakeholders are harnessing the functional benefits of essential oils and aromatherapy within the supply side. At the same time, the fragrance industry has transited from the classic perfume to the wellness and self-care industry. Besides, beauty and skin care products are integrating within the wellness industry, and aromatherapy is becoming an essential component of fragrance, beauty, and wellness.
Restraints: Side effects may be caused due to consumers being unaware of the appropriate dosage
Essential oils are highly concentrated compounds; using a small amount of these oils imparts numerous benefits. However, essential oils are associated with certain side effects due to their highly concentrated and volatile nature. Most essential oils have been found to be safe; however, they require proper care, and proper instructions should be followed before using them. Side effects of essential oils mainly occur when consumers are unaware of the proper procedure of application to be followed.
Opportunities: Developing countries are expected to experience an increase in demand for essential oils over the coming years
Consumer preference for essential oils is rapidly increasing, and marketing campaigns are planned around highlighting their use and claimed health benefits. Developing countries such as China and India are expected to experience an increase in demand for essential oils over the coming years. The growing demand is also driven by population growth, leading to higher production of food & beverage and cosmetics. The demand for essential oils is expected to grow at a moderate rate in economically backward countries and at an exponential rate in new & emerging markets of Asia Pacific countries. High demand, along with the low cost of extraction, is a major factor that would aid suppliers.
Challenges: Synthetic and substandard products available in the market act as substitutes to natural plant extracts and pose a challenge for the essential oil manufacturers
Synthetic substitutes for essential oils are easily available and are used in most synthetic cosmetics as cheaper substitutes. Several synthetic drugs are available in the market, including antibiotics and anti-inflammatory drugs. Hence, several synthetic and substandard products available in the market act as substitutes for natural plant extracts and pose a challenge for essential oil manufacturers.
Moreover, in most cases, it is highly difficult to recognize the synthetic additives, thus implying the significance of proper labeling. FDA has established labeling requirements for fragrances in cosmetics and aromatherapy. FDA requires the list of ingredients under the Fair Packaging and Labeling Act (FPLA). This law is not allowed to be used to force a company to tell “trade secrets.” Fragrance and flavor formulas are complex mixtures of many different naturals and synthetic chemical ingredients. They are the kinds of cosmetic components that are most likely to be “trade secrets.” Information required for cosmetic essential oils or essential oil products includes the declaration of ingredients and caution statements. The FDA provides a Cosmetic Labeling Guide with full regulations for cosmetic labels and a very useful compliance guide for labeling over-the-counter (OTC) drugs. Such transparency is expected to mitigate the challenge of adulteration and promote the growth of the essential oils market.
Key Features of Essential Oils Market
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High demand: Essential oils have gained widespread popularity in recent years due to their numerous health benefits and uses in personal care products and aromatherapy.
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Wide variety of oils: There is a wide range of essential oils available, each with its own unique properties and benefits, such as lavender, peppermint, eucalyptus, and lemon.
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Natural origin: Essential oils are derived from natural sources, such as plants and flowers, making them appealing to consumers seeking natural and organic products.
- Versatile usage: Essential oils can be used for a variety of purposes, including aromatherapy, personal care, massage, and as ingredients in food and drinks.
- Growing market: The market for essential oils is growing globally, driven by increased demand for natural and organic products, and the growing popularity of aromatherapy and natural health remedies.
- Regional differences: The demand for essential oils varies by region, with some markets, such as Asia-Pacific, showing particularly strong growth.
- Online sales: Online sales have become an important channel for the essential oils market, as consumers increasingly prefer to purchase products online due to convenience and access to a wider range of products.
Essential Oils Market Scope
|
Report Attribute |
Details |
|
Market size value in 2022 |
USD 8.8 billion |
|
Market Size Value in 2027 |
USD 15.3 billion |
|
Market Growth Rate |
11.8% |
|
Forecast Period |
2022 - 2027 |
| Largest Market |
North America |
|
Segments Covered |
Product Type, Application, Source, Method Extraction, and Region |
|
Regional Scope |
North America; Europe; Asia Pacific; South America, and RoW |
|
Key Players Profiled |
Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India), India Essential Oils (India), Falcon (India), FAROTTI S.r.l. (Italy), Rocky Mountains Oils, LCC (US), Young Living Essential Oils, LC. (US), Essential Oils of New Zealand Ltd. (New Zealand), VedaOils (India), HCP Wellness (India), Vital Herbs (India), CV Rasayana Wangi (Indonesia), Alchemy Chemicals (India) |
|
Customization scope |
Available on Demand |
Essential Oils Market Segmentation
Lavender Oil is Gaining Traction for Its Multipurpose Role
Lavender Oil is an essential oil obtained from steam distillation from the spikes of certain species of lavender. Although lavender is native to France and the western Mediterranean regions, it is now cultivated worldwide. Lavender oil can benefit the skin in numerous ways. It could lessen acne, help even skin tone, and reduce wrinkles. It can even be used to treat other things, such as improving hair health and digestion.
"Lavender oil has anti-inflammatory, antifungal, anti-depressant, and antiseptic properties and is widely used in aromatherapy, food & beverages, and cosmetics for its fragrance, calming and skin health benefits."
Distillation is the Most Economical and Cost-Effective Method for Extraction of Essential Oil
Distillation is used for aromatic compounds. Distillation is the most economical method, and the process can be carried out with simple equipment close to the plant production location. It could be attributed to its property of retaining the oil's benefits and its cost-effectiveness. Steam distillation is popular due to its simplicity and low investment requirements. Steam distillation is the most common method for extracting and isolating oleoresins and essential oils from plants for use in natural products. The amount of steam can be controlled because there is no thermal decomposition of the oil constituents.
Indian Aroma Exports, an Indian essential oil manufacturer, provides a diverse range of steam-distilled essential oils. Steam distillation primarily extracts essential oils for perfumery, food, and pharmaceutical applications. Herbs, spices, and flowers can also be distilled. In the process of steam distillation, vegetable material is mixed with water, and the system is brought to a boil, a process known as hydro-distillation. To separate the water from the oil fraction, the vapor is collected and condensed.
The North American Essential Oils Market is Primarily Driven by Growth in the US and Canadian Markets
The US market dominated the North American essential oils market in 2021. It is the largest country in terms of the import and export of essential oils globally. The consumption of essential oil products in the US is considerably high. Products with all-natural ingredients are increasing in popularity because of increasing awareness about health, wellness, and sustainable lifestyle. Consumers are ready to spend extra on products that claim to be natural and organic. It is leading manufacturers of food and beverage and other industries like cosmetics to introduce essential oil in their formulations to satisfy consumer demand and capitalize on the trend. Essential oils, with their natural origin, help manufacturers claim their products to be natural and free from artificial chemicals.
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Consumers have realized the importance of essential oil products due to the growing prevalence of health issues and other lifestyle diseases. Essential oils of herbs and spices origin are rising in demand. Essential oils such as peppermint, spearmint, and orange are in high demand in Canada. This demand is rising because of globalization as consumers demand new, innovative, and international flavors. Moreover, a busy lifestyle and less time for cooking have increased the demand for processed foods as they are convenient, which further opens new possibilities for essential oil use. The increasing awareness about health & hygiene drives the demand for convenience food and consumer products manufactured using natural ingredients in the country. Similarly, the demand for premium consumer products among the high-income population is expected to drive the essential oils market.
Essential Oils Market Key Players
Key players in this market include Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India) and India Essential Oils (India).
Target Audience:
- Supply side: Essential oil producers, suppliers, distributors, importers, and exporters
- Demand side: Food & beverage manufacturers, cosmetic manufacturers, home care product manufacturers, health care product manufacturers, feed and toiletries manufacturers
- Regulatory bodies: Government agencies and Non-Governmental Organization (NGO)
- Commercial R&D institutions and financial institutions
- Associations, regulatory bodies, and other industry-related bodies:
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In this report, the essential oils market is segmented based on product type, application, source, method of extraction and region.
Market By Product Type
- Orange
- Peppermint
- Lemon
- Lavender
- Lime
- Rosemary
- Cornmint
- Spearmint
- Geranium
- Clove Leaf
- Rose
- Coriander
- Tea Tree
- Citronella
- Eucalyptus
- Jasmin
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Other Product Type
Other product types include sandalwood, cedar, chamomile, sage, saffron, grape seed, anise, ginger, thyme, cinnamon, ylang ylang, and basil oils
Market By Application
- Food & beverages
- Cosmetics
- Aromatherapy
- Home care
- Health care
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Other applications
Other applications types include feed, insecticides, and paints
Market By Source
- Fruits & vegetables
- Herbs & spices
- Flowers
Market By Method of Extraction
- Distillation
- Carbon dioxide extraction
- Cold press extraction
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Other extraction methods
Other extraction methods include resin tapping and maceration
Market By Region
- North America
- Europe
- Asia Pacific
- South America
- Rest of the World (RoW)
- Middle East
- Africa
Recent Developments
- In July 2022, doTERRA is growing rapidly with Expansion into India. doTERRA's essential oils are sourced from India, Asia, the Pacific, the Middle East, and Africa, so an operating presence in India makes strategic sense for doTERRA’s global growth.
- In February 2022, Givaudan acquired Myrissi (France). The acquisition of Myrissi would enable Givaudan’s long-term Fragrance & Beauty strategy; their expertise in AI would support Givaudan in proposing new organoleptic approaches to consumers.
- In September 2021, MANE KANCOR’s innovation Center was opened at Angamaly, focusing on innovations in natural shelf-life solutions, natural color solutions, culinary taste solutions, personal care ingredients, and nutraceutical products.
- In July 2021, the acquisition of Flavor Solutions, Inc. (US) grew Sensient’s flavor portfolio through the expansion of its traditional flavor offering as well as the addition of savory reaction flavors, natural shelf-life extender technologies, and additional sweetness enhancing and salt reduction taste-modulation technology platforms.
Frequently Asked Questions (FAQs):
How big is the essential oils market?
The global essential oils market size is projected to reach USD 15.3 billion by 2027
Which essential oil is in high demand?
Lavender oil is in high demand for its multipurpose role. Lavender oil can benefit the skin in numerous ways.
Which is the largest essential oil company in the world?
Cargill, Incorporated is one of the largest globally diversified services company in the global essential oils market
Which region is projected to account for the largest share of the essential oils market?
The essential oils market is expected to grow in North America and is expected to dominate during the forecast period. Based on the consumption pattern for beverage items, North America is considered to witness significant demand for processed beverage products that contain essential oils such as lemon and orange.
Which are the key players in the market, and how intense is the competition?
Key players in this market include Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India) and India Essential Oils (India). The global essential oils market witnesses increased scope for growth. The market is seeing an increase in the number of mergers and acquisitions and new product launches. Moreover, the companies involved in the production of essential oils are investing a considerable proportion of their revenues in research and development activities.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 46)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
1.3.1 INCLUSIONS AND EXCLUSIONS
1.4 REGIONS COVERED
1.5 YEARS CONSIDERED
1.6 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2021
1.7 UNIT CONSIDERED
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 52)
2.1 RESEARCH DATA
FIGURE 2 ESSENTIAL OILS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 ESSENTIAL OILS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY SIDE)
FIGURE 5 MARKET SIZE ESTIMATION (DEMAND SIDE)
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 6 ESSENTIAL OILS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 7 ESSENTIAL OILS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 RESEARCH LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY (Page No. - 63)
TABLE 2 ESSENTIAL OILS MARKET SHARE SNAPSHOT, 2022 VS. 2027 (USD MILLION)
FIGURE 9 ESSENTIAL OIL MARKET SIZE, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 10 ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
FIGURE 11 ESSENTIAL OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2022 VS. 2027 (USD MILLION)
FIGURE 12 ESSENTIAL OIL MARKET SHARE AND GROWTH RATE (VALUE), BY REGION, 2021
4 PREMIUM INSIGHTS (Page No. - 68)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ESSENTIAL OIL MARKET
FIGURE 13 GROWING DEMAND FOR NATURAL AND ORGANIC INGREDIENTS TO CREATE MARKET GROWTH OPPORTUNITIES
4.2 ESSENTIAL OILS MARKET: MAJOR REGIONAL SUBMARKETS
FIGURE 14 ASIA PACIFIC WAS LARGEST MARKET IN 2021
4.3 ASIA PACIFIC: ESSENTIAL OIL MARKET, BY SOURCE & COUNTRY
FIGURE 15 CHINA TO ACCOUNT FOR LARGEST SHARE IN ASIA PACIFIC MARKET IN 2021
4.4 ASIA PACIFIC: ESSENTIAL OIL MARKET, BY APPLICATION
FIGURE 16 FOOD & BEVERAGES TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
4.5 ESSENTIAL OIL MARKET, BY METHODS OF EXTRACTION
FIGURE 17 DISTILLATION METHOD TO BE USED ON A LARGE-SCALE DURING FORECAST PERIOD
4.6 ESSENTIAL OIL MARKET, BY APPLICATION & REGION
FIGURE 18 FOOD & BEVERAGES TO DOMINATE MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 73)
5.1 INTRODUCTION
5.2 MACROECONOMIC INDICATORS
5.2.1 RISE IN DEPRESSION AND ANXIETY DISORDERS
FIGURE 19 PREVALENCE OF DEPRESSION INCREASED SIGNIFICANTLY IN 2020
5.2.2 INCREASING DEMAND FOR ORGANIC FOOD
FIGURE 20 ORGANIC FRESH PRODUCE SALES, BY VOLUME, 2020–2021
5.3 MARKET DYNAMICS
FIGURE 21 ESSENTIAL OIL MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Increase in demand for aromatherapy
TABLE 3 ESSENTIAL OILS MOST COMMONLY PURCHASED BY AROMATHERAPISTS, 2016–2017
5.3.1.2 Increasing demand for natural ingredients and clean label products
5.3.1.3 Increased use of essential oils in homecare products
5.3.1.4 Use of essential oils as an additive in feed
5.3.1.5 Demand for essential oils in cosmetic & fragrance industry
5.3.2 RESTRAINTS
5.3.2.1 Depletion of natural resources
5.3.2.2 Side effects associated with specific essential oils
5.3.3 OPPORTUNITIES
5.3.3.1 Powdered essential oil to create new opportunities
5.3.4 CHALLENGES
5.3.4.1 Prevalence of synthetic/adulterated products
6 INDUSTRY TRENDS (Page No. - 84)
6.1 INTRODUCTION
6.2 VALUE CHAIN
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT
6.2.2 RAW MATERIAL SOURCING
6.2.3 PRODUCTION
6.2.4 PACKAGING, STORAGE, AND DISTRIBUTION
6.2.5 END USERS
FIGURE 22 ESSENTIAL OIL MARKET: VALUE CHAIN
6.3 SUPPLY CHAIN ANALYSIS
FIGURE 23 MARKET FOR ESSENTIAL OILS: SUPPLY CHAIN
6.4 MARKET MAP AND ECOSYSTEM OF ESSENTIAL OILS MARKET
6.4.1 DEMAND SIDE
6.4.2 SUPPLY SIDE
FIGURE 24 ESSENTIAL OILS: ECOSYSTEM MAP
6.4.3 ECOSYSTEM MAP
TABLE 4 ESSENTIAL OILS: ECOSYSTEM
6.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
6.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN MARKET FOR ESSENTIAL OIL
FIGURE 25 REVENUE SHIFT IMPACTING ESSENTIAL OIL MARKET
6.6 TECHNOLOGY ANALYSIS
6.6.1 ULTRASONIC HYDRO DISTILLATION
6.6.2 PRESSURIZED HOT WATER EXTRACTION
6.6.3 DRYING TECHNOLOGY
6.6.4 ENCAPSULATION
6.7 PRICING ANALYSIS
6.7.1 SELLING PRICES CHARGED BY KEY PLAYERS IN TERMS OF APPLICATION
FIGURE 26 SELLING PRICES OF KEY PLAYERS FOR ESSENTIAL OILS APPLICATIONS
TABLE 5 SELLING PRICE OF KEY PLAYERS FOR TOP APPLICATIONS (USD/KG))
FIGURE 27 AVERAGE SELLING PRICE IN KEY REGIONS, BY APPLICATION, 2017–2021 (USD/KG)
TABLE 6 FOOD & BEVERAGES: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
TABLE 7 COSMETICS: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
TABLE 8 AROMATHERAPY: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
TABLE 9 HOMECARE: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
TABLE 10 HOMECARE: AVERAGE SELLING PRICE, BY REGION, 2018–2021 (USD/KG)
TABLE 11 HEALTHCARE: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
TABLE 12 OTHER APPLICATIONS: AVERAGE SELLING PRICE, BY REGION, 2017–2021 (USD/KG)
6.8 ESSENTIAL OILS MARKET: PATENT ANALYSIS
FIGURE 28 NUMBER OF PATENTS GRANTED FOR ESSENTIAL OILS, 2011–2021
FIGURE 29 REGIONAL ANALYSIS OF PATENTS GRANTED FOR ESSENTIAL OILS, 2022
6.8.1 LIST OF MAJOR PATENTS
TABLE 13 PATENTS IN ESSENTIAL OIL MARKET, 2019–2022
6.9 TRADE ANALYSIS: ESSENTIAL OIL MARKET
6.9.1 EXPORT SCENARIO: ESSENTIAL OILS FOR CITRUS FRUITS
FIGURE 30 CITRUS FRUIT ESSENTIAL OILS EXPORT, BY KEY COUNTRIES, 2017–2021 (USD THOUSAND)
TABLE 14 EXPORT DATA OF CITRUS FRUIT ESSENTIAL OILS FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME)
6.9.2 IMPORT SCENARIO: CITRUS FRUIT ESSENTIAL OILS
FIGURE 31 CITRUS FRUIT ESSENTIAL OILS IMPORT, BY KEY COUNTRIES, 2017–2021 (USD THOUSAND)
TABLE 15 IMPORT DATA OF CITRUS FRUIT ESSENTIAL OILS FOR KEY COUNTRIES, 2021 (VALUE AND VOLUME)
6.9.3 EXPORT SCENARIO: ESSENTIAL OILS
FIGURE 32 ESSENTIAL OILS EXPORT, BY KEY COUNTRIES, 2017–2021 (USD THOUSAND)
TABLE 16 EXPORT DATA OF ESSENTIAL OILS FOR KEY COUNTRIES, 2021 (VALUE)
6.9.4 IMPORT SCENARIO: ESSENTIAL OILS
FIGURE 33 ESSENTIAL OILS IMPORT, BY KEY COUNTRIES, 2017–2021 (USD THOUSAND)
TABLE 17 IMPORT DATA OF ESSENTIAL OILS FOR KEY COUNTRIES, 2021 (VALUE)
6.10 CASE STUDIES: ESSENTIAL OIL MARKET
6.10.1 ROCKY MOUNTAIN OILS: SUSTAINABLE PACKAGING
6.10.2 DOTERRA: INCREASE OPERATIONS EFFICIENCY
6.11 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 18 KEY CONFERENCES AND EVENTS IN ESSENTIAL OIL MARKET
6.12 TARIFF AND REGULATORY LANDSCAPE
6.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 20 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 21 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 22 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.12.2 REGULATORY FRAMEWORK
6.12.2.1 North America
6.12.2.1.1 US
6.12.2.1.2 Canada
6.12.2.2 Europe
6.12.2.3 Asia Pacific
6.12.2.3.1 India
6.12.2.3.2 Japan
6.12.2.4 South America
6.13 PORTER’S FIVE FORCES ANALYSIS
TABLE 23 ESSENTIAL OIL MARKET: PORTER’S FIVE FORCES ANALYSIS
6.13.1 INTENSITY OF COMPETITIVE RIVALRY
6.13.2 BARGAINING POWER OF SUPPLIERS
6.13.3 BARGAINING POWER OF BUYERS
6.13.4 THREAT OF SUBSTITUTES
6.13.5 THREAT OF NEW ENTRANTS
6.14 KEY STAKEHOLDERS AND BUYING CRITERIA
6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP APPLICATIONS
TABLE 24 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP APPLICATIONS (%)
6.14.2 BUYING CRITERIA
FIGURE 35 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR
TABLE 25 KEY CRITERIA FOR SELECTING SUPPLIER/VENDOR
7 ESSENTIAL OILS MARKET, BY TYPE (Page No. - 118)
7.1 INTRODUCTION
FIGURE 36 ESSENTIAL OILS MARKET SIZE, BY TYPE, 2022 VS. 2027 (USD MILLION)
TABLE 26 MARKET, BY TYPE, 2017–2021 (USD MILLION)
TABLE 27 MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 28 MARKET, BY TYPE, 2017–2021 (KT)
TABLE 29 MARKET, BY TYPE, 2022–2027 (KT)
7.2 ORANGE OIL
7.2.1 INCREASED USE IN AROMATHERAPY
TABLE 30 ORANGE OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 31 ORANGE OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 32 ORANGE OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 33 ORANGE OIL: MARKET, BY REGION, 2022–2027 (KT)
7.3 PEPPERMINT OIL
7.3.1 EUROPE AND ASIA PACIFIC TO HAVE SIGNIFICANT IMPACT ON MARKET
TABLE 34 PEPPERMINT OIL: MARKET FOR ESSENTIAL OILS, BY REGION, 2017–2021 (USD MILLION)
TABLE 35 PEPPERMINT OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 36 PEPPERMINT OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 37 PEPPERMINT OIL: MARKET, BY REGION, 2022–2027 (KT)
7.4 LEMON OIL
7.4.1 RISE IN DEMAND FOR NUTRACEUTICALS WITH NATURAL FLAVOR
TABLE 38 LEMON OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 39 LEMON OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 40 LEMON OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 41 LEMON OIL: MARKET, BY REGION, 2022–2027 (KT)
7.5 LAVENDER OIL
7.5.1 IMPROVES SKIN HEALTH
TABLE 42 LAVENDER OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 43 LAVENDER OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 44 LAVENDER OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 45 LAVENDER OIL: MARKET, BY REGION, 2022–2027 (KT)
7.6 LIME OIL
7.6.1 EFFECTIVE FOR SKIN INFECTION TREATMENTS
TABLE 46 LIME OIL: MARKET FOR ESSENTIAL OILS, BY REGION, 2017–2021 (USD MILLION)
TABLE 47 LIME OIL: OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 48 LIME OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 49 LIME OIL: ESSENTIAL OILS MARKET, BY REGION, 2022–2027 (KT)
7.7 ROSEMARY OIL
7.7.1 INCREASED USAGE IN HEALTHCARE PRODUCTS DUE TO ANTIOXIDANT PROPERTIES
TABLE 50 ROSEMARY OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 51 ROSEMARY OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 52 ROSEMARY OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 53 ROSEMARY OIL: MARKET, BY REGION, 2022–2027 (KT)
7.8 CORNMINT OIL
7.8.1 POWERFUL ANTIBACTERIAL AND ANTISEPTIC OIL
TABLE 54 CORNMINT OIL: MARKET FOR ESSENTIAL OILS, BY REGION, 2017–2021 (USD MILLION)
TABLE 55 CORNMINT OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 56 CORNMINT OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 57 CORNMINT OIL: MARKET, BY REGION, 2022–2027 (KT)
7.9 SPEARMINT OIL
7.9.1 EXTENSIVELY USED IN FOOD & BEVERAGE INDUSTRY AS FLAVORING INGREDIENT
TABLE 58 SPEARMINT OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 59 SPEARMINT OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 60 SPEARMINT OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 61 SPEARMINT OIL: MARKET, BY REGION, 2022–2027 (KT)
7.10 GERANIUM OIL
7.10.1 PRIMARY FLORAL COMPONENT IN FRAGRANCE AND COSMETICS
TABLE 62 GERANIUM OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 63 GERANIUM OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 64 GERANIUM OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 65 GERANIUM OIL: MARKET, BY REGION, 2022–2027 (KT)
7.11 CLOVE LEAF OIL
7.11.1 USED FOR ORAL HEALTH DUE TO GERMICIDAL PROPERTIES
TABLE 66 CLOVE LEAF OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 67 CLOVE LEAF OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 68 CLOVE LEAF OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 69 CLOVE LEAF OIL: MARKET, BY REGION, 2022–2027 (KT)
7.12 ROSE OIL
7.12.1 WIDELY USED IN AROMATHERAPY
TABLE 70 ROSE OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 71 ROSE OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 72 ROSE OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 73 ROSE OIL: MARKET, BY REGION, 2022–2027 (KT)
7.13 CORIANDER OIL
7.13.1 USE IN SEASONINGS DUE TO FLAVORING PROPERTIES
TABLE 74 CORIANDER OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 75 CORIANDER OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 76 CORIANDER OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 77 CORIANDER OIL: MARKET, BY REGION, 2022–2027 (KT)
7.14 TEA TREE OIL
7.14.1 THERAPEUTIC BENEFITS TO INCREASE DEMAND IN SKINCARE AND COSMETICS INDUSTRY
TABLE 78 TEA TREE OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 79 TEA TREE OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 80 TEA TREE OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 81 TEA TREE OIL: MARKET, BY REGION, 2022–2027 (KT)
7.15 CITRONELLA OIL
7.15.1 LARGE-SCALE USE IN AROMATHERAPY TO TREAT MIGRAINE AND HEADACHES
TABLE 82 CITRONELLA OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 83 CITRONELLA OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 84 CITRONELLA OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 85 CITRONELLA OIL: MARKET, BY REGION, 2022–2027 (KT)
7.16 EUCALYPTUS OIL
7.16.1 HIGH DEMAND IN DENTAL CARE DUE TO GERMICIDAL PROPERTIES
TABLE 86 EUCALYPTUS OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 87 EUCALYPTUS OIL: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 88 EUCALYPTUS OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 89 EUCALYPTUS OIL: MARKET, BY REGION, 2022–2027 (KT)
7.17 JASMINE OIL
7.17.1 EXTENSIVELY USED FOR HEALTH BENEFITS
TABLE 90 JASMINE OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 91 JASMINE OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 92 JASMINE OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 93 JASMINE OIL: MARKET, BY REGION, 2022–2027 (KT)
7.18 OTHER TYPES
TABLE 94 OTHER TYPES OF OIL: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 95 OTHER TYPES OF OIL: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 96 OTHER TYPES OF OIL: MARKET, BY REGION, 2017–2021 (KT)
TABLE 97 OTHER TYPES OF OIL: MARKET, BY REGION, 2022–2027 (KT)
8 ESSENTIAL OILS MARKET, BY METHOD OF EXTRACTION (Page No. - 154)
8.1 INTRODUCTION
FIGURE 37 ESSENTIAL OILS MARKET SHARE (VALUE), BY METHOD OF EXTRACTION, 2022 VS. 2027
TABLE 98 ESSENTIAL OIL MARKET, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 99 ESSENTIAL OIL MARKET, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 100 ESSENTIAL OIL MARKET, BY METHOD OF EXTRACTION, 2017–2021 (KT)
TABLE 101 ESSENTIAL OIL MARKET, BY METHOD OF EXTRACTION, 2022–2027 (KT)
8.2 DISTILLATION
8.2.1 STEAM DISTILLATION METHOD USED EXTENSIVELY TO OBTAIN ESSENTIAL OILS ECONOMICALLY
TABLE 102 DISTILLATION: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 103 DISTILLATION: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 104 DISTILLATION: OIL MARKET, BY REGION, 2017–2021 (KT)
TABLE 105 DISTILLATION: MARKET, BY REGION, 2022–2027 (KT)
8.3 COLD PRESS EXTRACTION
8.3.1 CITRUS FRUITS EXTRACTED VIA COLD PRESS
TABLE 106 COLD PRESS EXTRACTION: ESSENTIAL OIL MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 107 COLD PRESS EXTRACTION: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 108 COLD PRESS EXTRACTION: MARKET, BY REGION, 2017–2021 (KT)
TABLE 109 COLD PRESS EXTRACTION: MARKET, BY REGION, 2022–2027 (KT)
8.4 CARBON DIOXIDE EXTRACTION
8.4.1 AROMA AND BIOACTIVE COMPONENTS OF ESSENTIAL OILS EFFECTIVELY RETAINED
TABLE 110 CARBON DIOXIDE EXTRACTION: ESSENTIAL OIL MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 111 CARBON DIOXIDE EXTRACTION: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 112 CARBON DIOXIDE EXTRACTION: MARKET, BY REGION, 2017–2021 (KT)
TABLE 113 CARBON DIOXIDE EXTRACTION: MARKET, BY REGION, 2022–2027 (KT)
8.5 OTHER EXTRACTIONS
TABLE 114 OTHER EXTRACTIONS: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 115 OTHER EXTRACTIONS: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 116 OTHER EXTRACTIONS: MARKET, BY REGION, 2017–2021 (KT)
TABLE 117 OTHER EXTRACTIONS: ESSENTIAL OILS MARKET, BY REGION, 2022–2027 (KT)
9 ESSENTIAL OILS MARKET, BY SOURCE (Page No. - 164)
9.1 INTRODUCTION
FIGURE 38 ESSENTIAL OIL MARKET SIZE, BY SOURCE, 2022 VS. 2027 (USD MILLION)
TABLE 118 ESSENTIAL OILS MARKET, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 119 ESSENTIAL OIL MARKET, BY SOURCE, 2022–2027 (USD MILLION)
9.2 FRUITS & VEGETABLES
9.2.1 COLD PRESS METHOD PREFERRED FOR ESSENTIAL OIL EXTRACTION FROM FRUITS AND VEGETABLE
TABLE 120 FRUITS & VEGETABLES: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 121 FRUITS & VEGETABLES: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
9.3 FLOWERS
9.3.1 ESSENTIAL OILS REPRESENT AN UPSTREAM BUSINESS OPPORTUNITY FOR FLORICULTURE MARKET
TABLE 122 FLOWERS: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 123 FLOWERS: MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4 HERBS & SPICES
9.4.1 HERB-DERIVED ESSENTIAL OILS AS NATURAL REPLACERS OF COMPOUNDS OF SYNTHETIC ORIGIN
TABLE 124 HERBS & SPICES: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 125 HERBS & SPICES: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
10 ESSENTIAL OILS MARKET, BY APPLICATION (Page No. - 170)
10.1 INTRODUCTION
FIGURE 39 ESSENTIAL OILS MARKET SHARE (VALUE), BY APPLICATION, 2022 VS. 2027
TABLE 126 ESSENTIAL OIL MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 127 ESSENTIAL OIL MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 128 ESSENTIAL OIL MARKET, BY APPLICATION, 2017–2021 (KT)
TABLE 129 ESSENTIAL OIL MARKET, BY APPLICATION, 2022–2027 (KT)
10.2 FOOD & BEVERAGES
10.2.1 EXTENSIVE USE OF CITRUS ESSENTIAL OILS IN FOOD & BEVERAGE INDUSTRY
TABLE 130 FOOD & BEVERAGES: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 131 FOOD & BEVERAGES: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 132 FOOD & BEVERAGES: MARKET, BY REGION, 2017–2021 (KT)
TABLE 133 FOOD & BEVERAGES: MARKET, BY REGION, 2022–2027 (KT)
10.3 COSMETICS & TOILETRIES
10.3.1 EXTENSIVE USE OF ESSENTIAL OILS DUE TO FRAGRANCE AND FUNCTIONAL PROPERTIES
TABLE 134 COSMETICS & TOILETRIES: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 135 COSMETICS & TOILETRIES: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 136 COSMETICS & TOILETRIES: MARKET, BY REGION, 2017–2021 (KT)
TABLE 137 COSMETICS & TOILETRIES: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (KT)
10.4 AROMATHERAPY
10.4.1 THERAPEUTIC POTENTIAL OF ESSENTIAL OILS
TABLE 138 AROMATHERAPY: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 139 AROMATHERAPY: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 140 AROMATHERAPY: MARKET, BY REGION, 2017–2021 (KT)
TABLE 141 AROMATHERAPY: MARKET, BY REGION, 2022–2027 (KT)
10.5 HOMECARE
10.5.1 DEMAND FOR NATURAL INGREDIENTS TO BOOST DEMAND
TABLE 142 HOMECARE: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 143 HOMECARE: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 144 HOMECARE: MARKET, BY REGION, 2017–2021 (KT)
TABLE 145 HOMECARE: MARKET, BY REGION, 2022–2027 (KT)
10.6 HEALTHCARE
10.6.1 MENTAL WELL-BEING TO DRIVE HEALTHCARE INDUSTRY
TABLE 146 HEALTHCARE: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 147 HEALTHCARE: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 148 HEALTHCARE: MARKET, BY REGION, 2017–2021 (KT)
TABLE 149 HEALTHCARE: MARKET, BY REGION, 2022–2027 (KT)
10.7 OTHER APPLICATIONS
TABLE 150 OTHER APPLICATIONS: ESSENTIAL OILS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 151 OTHER APPLICATIONS: ESSENTIAL OIL MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 152 OTHER APPLICATIONS: MARKET, BY REGION, 2017–2021 (KT)
TABLE 153 OTHER APPLICATIONS: MARKET, BY REGION, 2022–2027 (KT)
11 ESSENTIAL OILS MARKET, BY REGION (Page No. - 184)
11.1 INTRODUCTION
FIGURE 40 ESSENTIAL OILS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
FIGURE 41 GEOGRAPHIC SNAPSHOT OF ESSENTIAL OILS MARKET IN TERMS OF CAGR, BY VALUE, 2022–2027
TABLE 154 ESSENTIAL OILS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
TABLE 155 ESSENTIAL OIL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 156 ESSENTIAL OIL MARKET SIZE, BY REGION, 2017–2021 (KT)
TABLE 157 ESSENTIAL OIL MARKET SIZE, BY REGION, 2022–2027 (KT)
11.2 NORTH AMERICA
TABLE 158 NORTH AMERICA: ESSENTIAL OILS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
TABLE 159 NORTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 160 NORTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY COUNTRY, 2017–2021 (KT)
TABLE 161 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2022–2027 (KT)
TABLE 162 NORTH AMERICA: MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)
TABLE 163 NORTH AMERICA: OIL MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 164 NORTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY TYPE, 2017–2021 (KT)
TABLE 165 NORTH AMERICA: MARKET SIZE, BY TYPE, 2022–2027 (KT)
TABLE 166 NORTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 167 NORTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 168 NORTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (KT)
TABLE 169 NORTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (KT)
TABLE 170 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 171 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 172 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 173 NORTH AMERICA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
TABLE 174 NORTH AMERICA: MARKET SIZE, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 175 NORTH AMERICA: MARKET SIZE, BY SOURCE, 2022–2027 (USD MILLION)
11.2.1 US
11.2.1.1 Multifold end-use applications driving market
TABLE 176 US: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 177 US: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 178 US: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 179 US: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.2.2 CANADA
11.2.2.1 High demand for essential oils from herbs & spices
TABLE 180 CANADA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 181 CANADA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 182 CANADA: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 183 CANADA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.2.3 MEXICO
11.2.3.1 Economic growth and increase in population driving end-use industries
TABLE 184 MEXICO: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 185 MEXICO: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 186 MEXICO: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 187 MEXICO: MARKET SIZE, BY APPLICATION, 2022–2027 (KT )
11.3 EUROPE
TABLE 188 EUROPE: ESSENTIAL OILS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
TABLE 189 EUROPE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 190 EUROPE: MARKET SIZE, BY COUNTRY, 2017–2021 (KT)
TABLE 191 EUROPE: MARKET SIZE, BY REGION, 2022–2027 (KT)
TABLE 192 EUROPE: MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)
TABLE 193 EUROPE: MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 194 EUROPE: MARKET SIZE, BY TYPE, 2017–2021 (KT)
TABLE 195 EUROPE: MARKET SIZE, BY TYPE, 2022–2027 (KT)
TABLE 196 EUROPE: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 197 EUROPE: MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 198 EUROPE: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021(KT)
TABLE 199 EUROPE: OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (KT)
TABLE 200 EUROPE: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 201 EUROPE: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 202 EUROPE: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 203 EUROPE: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
TABLE 204 EUROPE: MARKET SIZE, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 205 EUROPE: MARKET SIZE, BY SOURCE, 2022–2027 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Use of essential oils for aromatherapy to meet consumers’ demand for natural scents
TABLE 206 GERMANY: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 207 GERMANY: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 208 GERMANY: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 209 GERMANY: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.3.2 FRANCE
11.3.2.1 Fragrance and flavor companies extensively using essential oils
TABLE 210 FRANCE: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 211 FRANCE: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 212 FRANCE: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 213 FRANCE: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.3.3 UK
11.3.3.1 Personal care and cosmetics companies focus on aromatherapy
TABLE 214 UK: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 215 UK: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION )
TABLE 216 UK: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 217 UK: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.3.4 ITALY
11.3.4.1 Major producer of lemon and other citrus essential oils
TABLE 218 ITALY: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 219 ITALY: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 220 ITALY: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 221 ITALY: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.3.5 SPAIN
11.3.5.1 Expansion of fragrance and perfumery industry
TABLE 222 SPAIN: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 223 SPAIN: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 224 SPAIN: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 225 SPAIN: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.3.6 REST OF EUROPE
11.3.6.1 Development of food & beverages, homecare, and flavoring industry
TABLE 226 REST OF EUROPE: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 227 REST OF EUROPE: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 228 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 229 REST OF EUROPE: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 230 ASIA PACIFIC: ESSENTIAL OILS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
TABLE 231 ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 232 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2017–2021 (KT)
TABLE 233 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2022–2027 (KT)
TABLE 234 ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)
TABLE 235 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 236 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2017–2021 (KT)
TABLE 237 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2022–2027 (KT)
TABLE 238 ASIA PACIFIC: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 239 ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 240 ASIA PACIFIC: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021(KT)
TABLE 241 ASIA PACIFIC: MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (KT)
TABLE 242 ASIA PACIFIC: MARKET SIZE, APPLICATION, 2017–2021 (USD MILLION)
TABLE 243 ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 244 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 245 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
TABLE 246 ASIA PACIFIC: MARKET SIZE, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 247 ASIA PACIFIC MARKET SIZE, BY SOURCE, 2022–2027 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Demand for essential oils for aromatherapy
TABLE 248 CHINA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 249 CHINA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 250 CHINA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 251 CHINA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.4.2 JAPAN
11.4.2.1 Increasing use of essential oil-infused skincare products
TABLE 252 JAPAN: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 253 JAPAN: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 254 JAPAN: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 255 JAPAN: MARKET SIZE, BY APPLICATION, 2022–2027 (KT )
11.4.3 INDIA
11.4.3.1 Increased demand for natural and organic products in food & beverage industry
TABLE 256 INDIA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION )
TABLE 257 INDIA: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 258 INDIA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 259 INDIA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.4.4 AUSTRALIA & NEW ZEALAND
11.4.4.1 Increase in consumer preferences for high-quality products with natural ingredients
TABLE 260 AUSTRALIA & NEW ZEALAND: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 261 AUSTRALIA & NEW ZEALAND: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 262 AUSTRALIA & NEW ZEALAND: SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 263 AUSTRALIA & NEW ZEALAND: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.4.5 REST OF ASIA PACIFIC
TABLE 264 REST OF ASIA PACIFIC: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 265 REST OF ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 266 REST OF ASIA PACIFIC: SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 267 REST OF ASIA PACIFIC: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.5 SOUTH AMERICA
FIGURE 43 SOUTH AMERICA: MARKET SNAPSHOT
TABLE 268 SOUTH AMERICA: ESSENTIAL OILS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)
TABLE 269 SOUTH AMERICA: SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 270 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY COUNTRY, 2017–2021 (KT)
TABLE 271 SOUTH AMERICA: OIL MARKET SIZE, BY COUNTRY, 2022–2027 (KT))
TABLE 272 SOUTH AMERICA: MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)
TABLE 273 SOUTH AMERICA: MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 274 SOUTH AMERICA: MARKET SIZE, BY TYPE, 2017–2021 (KT)
TABLE 275 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY TYPE, 2022–2027 (KT)
TABLE 276 SOUTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 277 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 278 SOUTH AMERICA: MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021(KT)
TABLE 279 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (KT)
TABLE 280 SOUTH AMERICA: MARKET SIZE, APPLICATION, 2017–2021 (USD MILLION)
TABLE 281 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 282 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 283 SOUTH AMERICA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
TABLE 284 SOUTH AMERICA: MARKET SIZE, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 285 SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY SOURCE, 2022–2027 (USD MILLION)
11.5.1 BRAZIL
11.5.1.1 Leading producer of orange OIL
TABLE 286 BRAZIL: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 287 BRAZIL: MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 288 BRAZIL: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 289 BRAZIL: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.5.2 ARGENTINA
11.5.2.1 Growing demand for aromatherapy
TABLE 290 ARGENTINA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 291 ARGENTINA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 292 ARGENTINA: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 293 ARGENTINA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.5.2.2 Rest of South America
TABLE 294 REST OF SOUTH AMERICA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 295 REST OF SOUTH AMERICA: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 296 REST OF SOUTH AMERICA: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 297 REST OF SOUTH AMERICA: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
11.6 REST OF THE WORLD
TABLE 298 ROW: ESSENTIAL OILS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)
TABLE 299 ROW: ESSENTIAL OIL MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 300 ROW: MARKET SIZE, BY REGION, 2017–2021 (KT)
TABLE 301 ROW: MARKET SIZE, BY REGION, 2022–2027 (KT)
TABLE 302 ROW: MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)
TABLE 303 ROW: ESSENTIAL OIL MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)
TABLE 304 ROW: MARKET SIZE, BY TYPE, 2017–2021 (KT)
TABLE 305 ROW: MARKET SIZE, BY TYPE, 2022–2027 (KT)
TABLE 306 ROW: ESSENTIAL OIL MARKET SIZE, BY METHOD OF EXTRACTION, 2017–2021 (USD MILLION)
TABLE 307 ROW: MARKET SIZE, BY METHOD OF EXTRACTION, 2022–2027 (USD MILLION)
TABLE 308 ROW: ESSENTIAL OIL MARKET SIZE, APPLICATION, 2017–2021 (USD MILLION)
TABLE 309 ROW: ESSENTIAL OIL MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 310 ROW: MARKET SIZE, BY APPLICATION, 2017–2021 (KT)
TABLE 311 ROW: MARKET SIZE, BY APPLICATION, 2022–2027 (KT)
TABLE 312 ROW: MARKET SIZE, BY SOURCE, 2017–2021 (USD MILLION)
TABLE 313 ROW: MARKET SIZE, BY SOURCE, 2022–2027 (USD MILLION)
11.6.1 MIDDLE EAST
11.6.1.1 Extensive use in food industry
TABLE 314 MIDDLE EAST: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 315 MIDDLE EAST: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 316 MIDDLE EAST: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2017–2021 (KT)
TABLE 317 MIDDLE EAST: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2022–2027 (KT)
11.6.2 AFRICA
11.6.2.1 Increase in demand for essential oil-infused cosmetic products
TABLE 318 AFRICA: ESSENTIAL OILS MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 319 AFRICA: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 320 AFRICA: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2017–2021 (KT)
TABLE 321 AFRICA: MARKET SIZE FOR ESSENTIAL OILS, BY APPLICATION, 2022–2027 (KT)
12 COMPETITIVE LANDSCAPE (Page No. - 264)
12.1 OVERVIEW
12.2 MARKET SHARE ANALYSIS, 2021
TABLE 322 ESSENTIAL OILS MARKET: DEGREE OF COMPETITION (COMPETITIVE)
12.3 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS
FIGURE 44 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2017–2021 (USD BILLION)
12.4 KEY PLAYER STRATEGIES
TABLE 323 STRATEGIES ADOPTED BY KEY ESSENTIAL OILS MANUFACTURERS
12.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE PLAYERS
12.5.4 PARTICIPANTS
FIGURE 45 MARKET SIZE FOR ESSENTIAL OILS: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
12.5.5 PRODUCT FOOTPRINT
TABLE 324 COMPANY FOOTPRINT, BY TYPE
TABLE 325 COMPANY FOOTPRINT, BY APPLICATION
TABLE 326 COMPANY FOOTPRINT, BY REGION
TABLE 327 OVERALL COMPANY FOOTPRINT
12.6 ESSENTIAL OILS MARKET, EVALUATION QUADRANT FOR START-UPS/SMES, 2021
12.6.1 PROGRESSIVE COMPANIES
12.6.2 STARTING BLOCKS
12.6.3 RESPONSIVE COMPANIES
12.6.4 DYNAMIC COMPANIES
FIGURE 46 ESSENTIAL OILS MARKET: COMPANY EVALUATION QUADRANT, 2021 (START-UP/SME)
12.6.5 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
TABLE 328 MARKET SIZE FOR ESSENTIAL OILS: DETAILED LIST OF KEY START-UPS/SMES
TABLE 329 MARKET SIZE FOR ESSENTIAL OILS: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
12.7 COMPETITIVE SCENARIO
12.7.1 NEW PRODUCT LAUNCHES
TABLE 330 ESSENTIAL OILS: NEW PRODUCT LAUNCHES, 2021–2022
12.7.2 DEALS
TABLE 331 ESSENTIAL OILS: DEALS, 2018–2021
12.7.3 OTHERS
TABLE 332 ESSENTIAL OILS: OTHERS, 2020–2022
13 COMPANY PROFILES (Page No. - 281)
13.1 INTRODUCTION
(Business overview, Products offered, Recent Developments, MNM view)*
13.2 KEY PLAYER
13.2.1 DSM
TABLE 333 DSM: COMPANY OVERVIEW
FIGURE 47 DSM: COMPANY SNAPSHOT
TABLE 334 DSM: PRODUCTS OFFERED
TABLE 335 DSM: DEALS
TABLE 336 DSM: OTHERS
13.2.2 GIVAUDAN
TABLE 337 GIVAUDAN: COMPANY OVERVIEW
FIGURE 48 GIVAUDAN: COMPANY SNAPSHOT
TABLE 338 GIVAUDAN: PRODUCTS OFFERED
TABLE 339 GIVAUDAN: NEW PRODUCT LAUNCHES
TABLE 340 GIVAUDAN: DEALS
TABLE 341 GIVAUDAN: OTHERS
13.2.3 INTERNATIONAL FLAVORS & FRAGRANCES INC. (IFF)
TABLE 342 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW
FIGURE 49 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT
TABLE 343 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED
TABLE 344 INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS
13.2.4 SENSIENT TECHNOLOGIES CORPORATION
TABLE 345 SENSIENT TECHNOLOGIES CORPORATION: COMPANY OVERVIEW
FIGURE 50 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
TABLE 346 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED
TABLE 347 SENSIENT TECHNOLOGIES CORPORATION: DEALS
13.2.5 CARGILL, INCORPORATED
TABLE 348 CARGILL, INCORPORATED: COMPANY OVERVIEW
FIGURE 51 CARGILL, INCORPORATED: COMPANY SNAPSHOT
TABLE 349 CARGILL, INCORPORATED: PRODUCTS OFFERED
TABLE 350 CARGILL, INCORPORATED: NEW PRODUCT LAUNCHES
13.2.6 SYMRISE
TABLE 351 SYMRISE: COMPANY OVERVIEW
FIGURE 52 SYMRISE: COMPANY SNAPSHOT
TABLE 352 SYMRISE: PRODUCTS OFFERED
TABLE 353 SYMRISE: DEALS
TABLE 354 SYMRISE: OTHERS
13.2.7 ROBERTET, SA
TABLE 355 ROBERTET SA: COMPANY OVERVIEW
FIGURE 53 ROBERTET SA: COMPANY SNAPSHOT
TABLE 356 ROBERTET SA: PRODUCTS OFFERED
TABLE 357 ROBERTET SA.: DEALS
13.2.8 MANE
TABLE 358 MANE: COMPANY OVERVIEW
TABLE 359 MANE: PRODUCTS OFFERED
TABLE 360 MANE: DEALS
TABLE 361 MANE: OTHERS
13.2.9 DÔTERRA
TABLE 362 DÔTERRA: COMPANY OVERVIEW
TABLE 363 DÔTERRA: PRODUCTS OFFERED
TABLE 364 DÔTERRA: OTHERS
13.2.10 NOW FOODS
TABLE 365 NOW FOODS: COMPANY OVERVIEW
TABLE 366 NOW FOODS: PRODUCTS OFFERED
13.2.11 SYNTHITE INDUSTRIES LTD.
TABLE 367 SYNTHITE INDUSTRIES LTD.: COMPANY OVERVIEW
TABLE 368 SYNTHITE INDUSTRIES LTD.: PRODUCTS OFFERED
13.2.12 LEBERMUTH, INC.
TABLE 369 LEBERMUTH, INC.: COMPANY OVERVIEW
TABLE 370 LEBERMUTH, INC.: PRODUCTS OFFERED
13.2.13 BIOLANDES
TABLE 371 BIOLANDES: COMPANY OVERVIEW
TABLE 372 BIOLANDES.: PRODUCTS OFFERED
13.2.14 NOREX FLAVOURS PRIVATE LIMITED
TABLE 373 NOREX FLAVOURS PRIVATE LIMITED: COMPANY OVERVIEW
TABLE 374 NOREX FLAVOURS PRIVATE LIMITED: PRODUCTS OFFERED
13.2.15 INDIA ESSENTIAL OILS
TABLE 375 INDIA ESSENTIAL OILS: COMPANY OVERVIEW
TABLE 376 INDIA ESSENTIAL OILS: PRODUCTS OFFERED
13.3 OTHER PLAYERS (SMES/START-UPS)
13.3.1 FALCON
TABLE 377 FALCON: COMPANY OVERVIEW
TABLE 378 FALCON: PRODUCTS OFFERED
13.3.2 FAROTTI S.R.L.
TABLE 379 FAROTTI: COMPANY OVERVIEW
TABLE 380 FAROTTI S.R.L: PRODUCTS OFFERED
13.3.3 VIDYA HERBS
TABLE 381 VIDYA HERBS.: COMPANY OVERVIEW
TABLE 382 VIDYA HERBS: PRODUCTS OFFERED
13.3.4 YOUNG LIVING ESSENTIAL OILS, LC.
TABLE 383 YOUNG LIVING ESSENTIAL OILS, LC.: COMPANY OVERVIEW
TABLE 384 YOUNG LIVING ESSENTIAL OILS, LC.: PRODUCTS OFFERED
TABLE 385 YOUNG LIVING ESSENTIAL OILS, LC.: NEW PRODUCT LAUNCHES
TABLE 386 YOUNG LIVING ESSENTIAL OILS, LC.: DEALS
13.3.5 ESSENTIAL OILS OF NEW ZEALAND LTD.
TABLE 387 ESSENTIAL OILS OF NEW ZEALAND LTD.: BUSINESS OVERVIEW
TABLE 388 ESSENTIAL OILS OF NEW ZEALAND: PRODUCTS OFFERED
13.3.6 VEDA OILS
13.3.7 HCP WELLNESS
13.3.8 VITAL HERBS
13.3.9 CV RASAYANA WANGI
13.3.10 ALCHEMY CHEMICALS
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS (Page No. - 337)
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 PLANT EXTRACTS MARKET
14.3.1 MARKET DEFINITION
14.3.2 MARKET OVERVIEW
14.3.3 PLANT EXTRACTS MARKET, BY TYPE
TABLE 389 PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 390 PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 391 PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (KT)
TABLE 392 PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (KT)
14.3.4 PLANT EXTRACTS MARKET, BY REGION
14.3.4.1 North America
TABLE 393 NORTH AMERICA: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 394 NORTH AMERICA: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 395 NORTH AMERICA: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (KT)
TABLE 396 NORTH AMERICA: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (KT)
14.3.4.2 Europe
TABLE 397 EUROPE: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 398 EUROPE: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 399 EUROPE: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (KT)
TABLE 400 EUROPE: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (KT)
14.3.4.3 Asia Pacific
TABLE 401 ASIA PACIFIC: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 402 ASIA PACIFIC: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 403 ASIA PACIFIC: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (KT)
TABLE 404 ASIA PACIFIC: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (KT)
14.3.4.4 Rest of the World (RoW)
TABLE 405 REST OF THE WORLD: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (USD MILLION)
TABLE 406 REST OF THE WORLD: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 407 REST OF THE WORLD: PLANT EXTRACTS MARKET, BY TYPE, 2016–2021 (KT)
TABLE 408 REST OF THE WORLD: PLANT EXTRACTS MARKET, BY TYPE, 2022–2027 (KT)
14.3.5 PHYTOGENIC FEED ADDITIVES MARKET
14.3.5.1 Market definition
14.3.5.2 Market overview
14.3.5.3 Phytogenic feed additives market, by type
14.3.5.3.1 Introduction
TABLE 409 PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 410 PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 411 PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (TONS)
TABLE 412 PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
14.3.5.4 Phytogenic feed additives market, by region
14.3.5.4.1 North America
TABLE 413 NORTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 414 NORTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 415 NORTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE 2018–2021 (TONS)
TABLE 416 NORTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
14.3.5.4.2 Europe
TABLE 417 EUROPE: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 418 EUROPE: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 419 EUROPE: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE 2018–2021 (TONS)
TABLE 420 EUROPE: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
14.3.5.4.3 Asia Pacific
TABLE 421 ASIA PACIFIC: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 422 ASIA PACIFIC: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 423 ASIA PACIFIC: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE 2018–2021 (TONS)
TABLE 424 ASIA PACIFIC: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
14.3.5.4.4 South America
TABLE 425 SOUTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 426 SOUTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 427 SOUTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE 2018–2021 (TONS)
TABLE 428 SOUTH AMERICA: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
14.3.5.4.5 Rest of the World (RoW)
TABLE 429 ROW: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 430 ROW: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 431 ROW: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE 2018–2021 (TONS)
TABLE 432 ROW: PHYTOGENIC FEED ADDITIVES MARKET, BY TYPE, 2022–2027 (TONS)
15 APPENDIX (Page No. - 359)
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
This research involves the extensive use of secondary sources; directories; and databases, such as the Food and Drug Administration (FDA), Herb Society of America, American Herbal Products Association, American Spice Trade Association, Essential Oils Association of India, Bloomberg, and Factiva, to identify and collect information useful for a technical, market-oriented, and commercial study of the essential oils market. In-depth interviews were conducted with various primary respondents, such as key industry participants, Subject Matter Experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information and to assess prospects.
Secondary Research
In the secondary research process, various sources, such as the Food and Drug Administration (FDA), European Spices Association, Spices Board, European Flavors & Fragrances Association, The International Federation of Essential Oils and Aroma Trades, were referred to identify and collect information for this study. The secondary sources also include medical journals, press releases, investor presentations of companies, whitepapers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.
Secondary research was conducted to obtain critical information about the industry’s supply chain, the total pool of key players, and market classification and segmentation according to the industry trends to the bottom-most level and geographical markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
The essential oil market comprises several stakeholders, including fruits & vegetables, and spices & herbs suppliers, ingredient suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary interviewees from the supply-side include research institutions involved in R&D to introduce technology, distributors, wholesalers, importers & exporters of spices and herbs, essential oils manufacturers and technology providers. Primary sources from the demand-side include key opinion leaders, executives, vice presidents, and CEOs of food & beverage product, aromatherapy product manufacturers, cosmetics, home care and health care products manufacturing companies, through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Essential Oils Market Size Estimation
Both the top-down and bottom-up approaches have been used to estimate and validate the total size of the essential oil market. These approaches were extensively used to determine the size of the subsegments in the market. The research methodology used to estimate the market size includes the following details:
Top-down approach:
- The key industry and market players were identified through extensive secondary research.
- The industry's supply chain and market size were determined through primary and secondary research.
- All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
- The peer market—the plant extracts and botanical extracts market—was considered to validate further the market details of essential oils.
Bottom-up approach:
- The market sizes were analyzed based on the share of each type of essential oils at regional and country levels. Thus, the global market was estimated with a bottom-up approach of the type at the country level.
- Other factors include the penetration rate of essential oils in distinguished application sectors, such as food & beverages, home care, health care, aromatherapy, and cosmetics; consumer awareness; and function trends; pricing trends; the adoption rate and price factors; patents registered; and organic and inorganic growth attempts.
- All macroeconomic and microeconomic factors affecting the essential oil market were considered while estimating the market size.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
Aromatherapy and it’s relation in essential oils market.
Aromatherapy and essential oils are closely connected, as essential oils are the primary raw materials used in aromatherapy. Aromatherapy is a holistic practice that uses essential oils and other plant-based materials to promote physical, mental, and emotional well-being.
Essential oils are highly concentrated plant extracts that are believed to have therapeutic properties when used in aromatherapy.
The essential oils market is a key component of the aromatherapy industry, as many aromatherapy products rely on high-quality essential oils to deliver their therapeutic benefits. Essential oils are typically sold in small bottles and are used in a variety of ways, including as diffuser oils, massage oils, and inhalants.
- Aromatherapy diffusers: Diffusers are one of the most popular ways to use essential oils in aromatherapy. Aromatherapy companies may sell essential oil blends specifically designed for use in diffusers, or they may sell diffusers themselves that are pre-loaded with essential oils.
- Massage oils: Essential oils are often combined with carrier oils to create massage oils that can be used to promote relaxation, reduce stress, and soothe sore muscles. Many aromatherapy companies offer a range of massage oils that are formulated with specific essential oil blends.
- Personal care products: Essential oils are also used in a wide range of personal care products, including soaps, lotions, and bath products. Aromatherapy companies may use essential oils to add fragrance or therapeutic benefits to these products.
- Essential oil blends: Aromatherapy companies may also sell pre-blended essential oil blends that are formulated for specific therapeutic purposes, such as promoting relaxation or improving mental clarity.
- Quality control: Quality control is a critical aspect of the essential oils market, as the purity and potency of essential oils can vary widely. Aromatherapy companies that rely on high-quality essential oils must carefully vet their suppliers and ensure that their oils meet strict quality standards.
Overall, the aromatherapy industry and the essential oils market are closely intertwined, as essential oils are a key component of many aromatherapy products.
Raw materials and technology deployed by key players in aromatherapy industry
The aromatherapy industry encompasses a wide range of products and applications, from essential oils and diffusers to cosmetics and personal care products. As such, the raw materials and technologies deployed by key players can vary depending on the specific products and applications.
- Essential oils: These are the primary raw materials used in aromatherapy. Essential oils are extracted from plants through steam distillation, cold pressing, or solvent extraction. Key players in the industry source essential oils from a variety of suppliers and may also invest in their own extraction facilities.
- Carrier oils: These are used to dilute essential oils and make them safe for use on the skin. Common carrier oils include jojoba oil, coconut oil, and almond oil.
- Botanicals: Many aromatherapy products contain additional botanicals such as herbs, flowers, and fruits. These can be used to add fragrance or therapeutic benefits to products.
- Extraction equipment: Key players in the aromatherapy industry may use a variety of extraction equipment to produce essential oils and other botanical extracts. This can include steam distillation equipment, cold press machines, and solvent extraction systems.
- Manufacturing equipment: Companies in the aromatherapy industry may also use a variety of manufacturing equipment to produce their products, including filling machines, mixing tanks, and labelling machines.
- Technology: Aromatherapy companies may also leverage technology to enhance their products and production processes. For example, some companies use digital scent technology to create custom fragrances, while others may use software to manage their supply chain and production processes.
Overall, the key players in the aromatherapy industry rely on a combination of raw materials, equipment, and technology to produce their products and meet consumer demand.
Top 10 companies in Aromatherapy market
- doTERRA
- Young Living
- Mountain Rose Herbs
- Now Foods
- Edens Garden
- Aura Cacia
- Plant Therapy
- Rocky Mountain Oils
- plant Guru
- Radha Beauty
Growth Drivers for Aromatherapy Business from Macro to Micro Level.
-
Macro Level:
- Increasing awareness of aromatherapy and its benefits among health-conscious consumers.
- Increasing demand for natural health products and spa treatments.
- Rising disposable incomes, particularly in emerging markets.
- Expansion of the retail sector, with the growth in online sales and increasing availability of essential oils.
- Growing presence of health-focused company stores and beauty retailers.
-
Micro Level:
- Targeting specific consumer segments through marketing campaigns and product development.
- Strengthening existing relationships with clients to increase customer loyalty.
- Introducing new product lines and expanding into new markets.
- Investing in research and development to develop more effective products.
- Developing comprehensive training programs to educate clients about the benefits of aromatherapy.
Hypothetic Growth Opportunity or future use cases or niche growth drivers or niche threats for aromatherapy Business in North America.
Increased interest in natural and alternative health remedies: The COVID-19 pandemic has spurred interest in natural and alternative health remedies, including aromatherapy. As consumers seek out ways to boost their immunity and manage stress, the demand for aromatherapy products could continue to grow. For example, in 2021, Aromatherapy Associates launched a new line of products designed to boost the immune system, including a bath and shower oil and a rollerball blend.
Expansion into new distribution channels: Aromatherapy companies could potentially expand into new distribution channels to reach new customers and grow their business. For example, in 2021, Canadian aromatherapy company Saje Natural Wellness announced plans to expand into the US market by partnering with natural food and wellness retailer Whole Foods Market.
Increased focus on sustainability: As consumers become more environmentally conscious, there is a growing demand for sustainable and eco-friendly products. Aromatherapy companies could differentiate themselves by focusing on sustainability and using eco-friendly packaging and sourcing practices. For example, in 2021, Young Living Essential Oils announced plans to become a carbon-neutral company by 2050 and launched a new line of eco-friendly home cleaning products.
Use in clinical settings: Aromatherapy could potentially be used in clinical settings to support patient care and improve outcomes. For example, a 2021 study published in the Journal of Clinical Nursing found that aromatherapy massage could be effective in reducing anxiety and depression in cancer patients undergoing chemotherapy.
Niche threats: While the aromatherapy industry has many growth opportunities, there are also potential threats that could impact the business. For example, increased regulation and safety concerns around essential oils could impact the availability and use of certain oils. In 2021, the International Fragrance Association (IFRA) announced new safety guidelines for several essential oils, including lavender and peppermint, which could impact their use in aromatherapy products.
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Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall essential oils market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Essential Oils Report Objectives
- To define, segment, and project the global essential oils market on the basis of product type, application, method of extraction, source, and region
- To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To analyze the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- To project the size of the market and its submarkets, in terms of value with respect to the regions (along with the key countries)
- To strategically profile the key players and comprehensively analyze their market position and core competencies
- To analyze the competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & developments in the essential oil market
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.
The following customization options are available for the report:
Product Analysis
- Product Matrix, which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
With the given market data, MarketsandMarkets offers customizations according to the company-specific scientific needs.
- Further breakdown of the Rest of European essential oil market, by key country
- Further breakdown of the Rest of South America essential oil market, by key country
Company Information
- Detailed analyses and profiling of additional market players
Growth opportunities and latent adjacency in Essential Oils Market
Which are the other plants or natural sources from which essential oils are extracted?
What are the growth opportunities in the essential oils market in Europe region? Can you provide separate analysis for EU region?
We require information on these crops: damask rose, wild marigold, mushkbala, lavender, and rosemary, for the Essential Oils Market. Would it be possible to customize the Essential Oils Market report based on these crops?
I am interested in the Essential Oils Market report. I would like to know if the report includes the following: damask rose (Rosa damascena), wild marigold (Tagetes minuta), lavender (Lavendula officinalis), rosemary (Rosemarinus officinalis), mushkbala (Valeriana jatamnsi), lemongrass (Cymbopogon flexuosus), palmarosa ( Cymbopogon martinii), scented geranium (Pelargonium graveolens), clary sage (Salvia sclarea).
The essential oils market report provides verified statistical and qualitative information to make decisions towards segments or subsegments with high growth potential and address the key question ‘’whether or not these segments will be profitable in future’’. We are looking for information regarding damask rose, wild marigold, mushkbala, lavender, rosemary. We are working on these crops, and we require the information about these crops at earliest.
Want more details about the growth rate of the essential oils market in upcoming years.
Can you provide separate and detailed analysis of essential oils market for cosmetics segment?
Our company is currently working on Vettiver, LemonGrass, Rosemary, Dhavanam, Basil, Citronella, and Geranium cultivation. We want to understand the market better and would appreciate it if you could share the market condition -demand/supply, and commercial rates for various regions to target the industry.
We are currently working on the cultivation of essential oil crops. We appreciate it if you could share the demand/supply portfolio, and regional commercial rates of these crops. This will help us to target the right consumer base.
Who is the target audience for essential oils market in Japan and China region?
Are there any information on the deals done in past 5 years by various oil manufactures in North America region?
Does the study cover Eucalyptus Oil Market? I would like to know how more about this.