Essential Oils Market by Product Type (Orange, Lemon, Lime, Peppermint, Citronella, Jasmine), Method of Extraction, Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), and by Region - Global Forecasts 2017-2022
[176 Pages Report] The global essential oils market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market. Also, increasing cases of depression and anxiety disorders among consumers are seen to be contributing to the growing demand for essential oils from the aromatherapy industry. The market has been segmented based on product type, method of extraction, application, and region.
The objectives of the study include the following:
- To define, segment, and measure the size of the essential oils market concerning its product type, method of extraction, application, and region
- To provide detailed information about the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for the market leaders
- To project the size of the market in terms of value and volume, for four regions (along with their respective key countries), namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
- To strategically profile the key players and comprehensively analyze their core competencies
- To analyze the competitive developments such as new product launches & developments, acquisitions, mergers, expansions & investments, agreements, and joint ventures in the market
Research Methodology
This research study involved the usage of extensive secondary sources (which include directories and databases) such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the essential oils market. The primary sources mainly included industry experts from core & related industries and preferred suppliers, dealers, manufacturers, equipment providers, technology developers, alliances, standards & certification organizations from companies, and organizations related to all segments of this industrys value chain. In-depth interviews were conducted with various primary respondents including key industry participants, subject matter experts, C-level executives of key market players, and industry consultants to obtain & verify critical qualitative & quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied in drafting this report.
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Maximum value addition of a product in the global essential oils market is observed in the stages of manufacturing. The key companies that offer essential oil mainly invest in new product acquisitions and expansions. Companies devise new sales strategies to establish their innovative products in the market. These companies highlight product specifications and certifications from food safety authorities while promoting their essential oil products. Value addition in the distribution and sales stage varies with key players, addressable markets, manufacturing units, and end consumers.
Target audience
- Essential oil manufacturers
- Essential oil importers & exporters
- Essential oil, distributors, and suppliers
- Spa & aromatherapy specialists
- Food & beverage/healthcare/feed/home care/cosmetic & toiletry manufacturers
- Associations and industry bodies such as the Food and Drug Administration (FDA), the European Food Safety Authority (EFSA), the National Association for Holistic Aromatherapy (NAHA), and other food/feed & safety associations.
Scope of the Essential Oils Market Report
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Report Metrics |
Details |
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Market size available for years |
2016-2022 |
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Base year considered |
2016 |
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Forecast period |
2017-2022 |
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Forecast units |
Value(USD) |
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Segments covered |
Product Type, Method of Extraction, Application, and Region |
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Geographies covered |
North America, Europe, APAC, and RoW |
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Companies covered |
It includes key players such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), dτTERRA International LLC. (U.S.), Young Living Essential Oils (U.S.) and Givaudan SA (Switzerland). |
This research report categorizes the essential oils market based on type, method of extraction, application, and region.
Based on product type, the market has been segmented as follows:
- Orange oil
- Lemon oil
- Lime oil
- Peppermint oil
- Cornmint oil
- Citronella oil
- Spearmint oil
- Geranium oil
- Clove leaf oil
- Eucalyptus oil
- Jasmine oil
- Tea tree oil
- Rosemary oil
- Lavender oil
- Others (sandalwood, cedar, chamomile, anise, ginger, thyme, cinnamon, ylang, and basil)
Based on the method of extraction, the market has been segmented as follows:
- Distillation
- Carbon dioxide extraction
- Cold press extraction
- Solvent extraction
- Others (resin tapping and maceration)
Based on application, the essential oils market has been segmented as follows:
- Food & beverage
- Cosmetics & toiletries
- Aromatherapy
- Home care
- Health care
- Others (feed, insecticides, and paint)
Based on the region, the market has been segmented as follows:
- North America
- Europe
- Asia-Pacific
- RoW (South America, the Middle East, and Africa)
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-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
Company Information
- Detailed analysis and profiling of additional market players (up to five)
In the method of extraction segment, the global essential oils market has been segmented into distillation, carbon dioxide extraction, cold press extraction, and solvent extraction methods. The distillation method of extraction is most widely used by manufacturers compared to other extraction methods since it yields the purest form of essential oil. Different types of distillation methods are used such as water distillation, water & steam distillation, and steam distillation for extraction of oils. The main advantages of the distillation method are quality control and wide application usage in the global market.
Based on type, the market is segmented into orange oil, lemon oil, lime oil, peppermint oil, corn mint oil, citronella oil, spearmint oil, geranium oil, clove leaf oil, eucalyptus oil, jasmine oil, tea tree oil, rosemary oil, lavender oil, and others. The orange oil segment accounted for the highest market share in 2017. Brazil, the U.S., China, India, and Mexico are among the major producers of oranges in the global market, with most oranges for the production of orange essential oils being sourced from these countries. The demand for essential oils is booming which is encouraging the manufacturers to increase the production to cater to the growing demand and also explore the market further.
The global essential oils market, by application, is segmented into food & beverage, cosmetics & toiletries, aromatherapy, home care, health care, and others. The food & beverage segment is the largest in terms of market share. Essential oils are identified for their health benefits, as they are natural ingredients that impart the essence of the source that they have been derived from. Various essential oils used by the manufacturers include orange oil, lemon oil, and lime oil. Orange oil is mainly used in food & beverages to impart citrus flavor and freshness to the final product. As consumers are becoming increasingly aware of the health benefits of essential oils, the preferences for food & beverage products with these oils as additives has increased.
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The market for essential oils in Europe accounted for the largest share, whereas the market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. The major driver for the growth of the market in the Asia-Pacific region is a rise in the availability and affordability of these essential oils due to the dual income of households, and the rise in awareness about functionalities, health benefits, and applications of essential oils in the global market.
The market is characterized by medium to high competition due to the presence of several large- & small-scale firms with low product differentiation. Acquisitions and expansions are the key strategies adopted by these players to ensure their growth in the market. The market is dominated by players such as Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), and dτTERRA International LLC. (U.S.). Other players in the industry include Young Living Essential Oils (U.S.) and Givaudan SA (Switzerland).
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Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Periodization Considered
1.5 Currency Considered
1.6 Units Considered
1.7 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
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 Primaries
2.2 Macro-indicators
2.2.1 Introduction
2.2.2 Growth in Awareness Toward Preventive Healthcare
2.2.3 Improvements in the Standard of Living and Rise in Double Income Households
2.2.4 Rise in Depression and Anxiety Disorders
2.3 Essential Oils Market Size Estimation
2.4 Market Breakdown & Data Triangulation
2.5 Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations
3 Executive Summary (Page No. - 33)
4 Premium Insights (Page No. - 39)
4.1 Attractive Opportunities in the Essential Oils Market
4.2 Essential Oils Market, By Region
4.3 Europe: Market, By Country & Type
4.4 Essential Oils Market, By Application
4.5 Essential Oils Market: Major Country/Region
4.6 Product Life Cycle, By Region
5 Market Overview (Page No. - 45)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Aromatherapy
5.2.1.2 Increased Demand for Food & Beverage and Cosmetic Applications
5.2.1.3 Growing Research & Development Activities
5.2.2 Restraints
5.2.2.1 Depletion of Natural Resources
5.2.2.2 Side Effects Associated With Certain Essential Oils
5.2.3 Opportunities
5.2.3.1 Rise in Demand for Natural Ingredients
5.2.3.2 Growing Demand From Emerging Countries
5.2.4 Challenges
5.2.4.1 Prevalence of Synthetic/Adulterated Products
5.3 Value Chain Analysis
5.4 Supply Chain Analysis
5.5 Regulatory Framework
5.5.1 Regulations in Cosmetic Applications
5.5.2 Regulations in Aromatherapy Applications
5.5.3 Regulations in Food & Beverage Applications
6 Essential Oils Market, By Product Type (Page No. - 55)
6.1 Introduction
6.2 Orange Oil
6.3 Lemon Oil
6.4 Lime Oil
6.5 Peppermint Oil
6.6 Cornmint Oil
6.7 Citronella Oil
6.8 Spearmint Oil
6.9 Geranium Oil
6.10 Clove Leaf Oil
6.11 Eucalyptus Oil
6.12 Jasmine Oil
6.13 Rosemary Oil
6.14 Tea Tree Oil
6.15 Lavender Oil
6.16 Others
7 Essential Oils Market, By Method of Extraction (Page No. - 74)
7.1 Introduction
7.2 Distillation
7.3 Carbon Dioxide Extraction
7.4 Cold Press Extraction
7.5 Solvent Extraction
7.6 Other Extraction Methods
8 Essential Oils Market, By Application (Page No. - 81)
8.1 Introduction
8.2 Food & Beverages
8.3 Cosmetics & Toiletries
8.4 Aromatherapy
8.5 Home Care
8.6 Health Care
8.7 Others
9 Essential Oils Market, By Region (Page No. - 91)
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 U.K.
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Australia & New Zealand
9.4.5 Rest of Asia-Pacific
9.5 Rest of the World (RoW)
9.5.1 South America
9.5.2 Middle East
9.5.3 Others in RoW
10 Essential Oils Market, By Brand (Page No. - 120)
10.1 Introduction
10.2 Biacid (Cargill)
10.3 Crina (Koninklijke DSM N.V.)
10.4 Enviva Eo (E. I. Du Pont De Nemours and Company)
10.5 Now (Now Health Group, Inc.)
10.6 Dōterra (Dōterra International LLC.)
10.7 Young Living (Young Living Essential Oils)
10.8 Frutarom (Frutarom Industries Ltd.)
10.9 RMO (Rocky Mountain Oils, LLC)
10.10 Robertet SA (Robertet)
10.11 Naturals Together (Firmenich SA)
11 Competitive Landscape (Page No. - 122)
11.1 Introduction
11.2 Vendor Dive
11.2.1 Visionary Leaders
11.2.2 Innovators
11.2.3 Dynamic Differentiators
11.2.4 Emerging Companies
11.3 Competitive Benchmarking
11.3.1 Product Offering
11.3.2 Business Strategy
*Top 25 Companies Analyzed for This Study are Dōterra International LLC., Young Living Essential Oils, E. I. Du Pont De Nemours and Company, Cargill, Koninklijke DSM N.V., Givaudan SA, Firmenich SA, Sensient Technologies Corporation, The Lebermuth Company, Inc, International Flavors & Fragrances Inc., Symrise, Frutarom Industries Ltd., Mane, Robertet SA, Rocky Mountain Oils, LLC, West India Spices, Inc., Ungerer & Company, Nhr Organic Oils, Ultra International B.V., Flavaroma, Prinova Europe Limited, Natural & Essential Oils Pvt. Ltd, Kallin International Limited, Falcon, Sydney Essential Oil Co. Pty Ltd
11.4 Market Share Analysis, 2016
12 Company Profiles (Page No. - 127)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
12.1 Cargill
12.2 E. I. Du Pont De Nemours and Company: Business Overview
12.3 Koninklijke DSM N.V.
12.4 Dōterra International LLC.
12.5 Givaudan SA
12.6 Firmenich SA
12.7 Young Living Essential Oils
12.8 Sensient Technologies Corporation
12.9 The Lebermuth Company, Inc.
12.10 International Flavors & Fragrances Inc.
12.11 Symrise
12.12 Frutarom Industries Ltd.
12.13 Mane
12.14 Robertet SA
12.15 Rocky Mountain Oils LLC.
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 168)
13.1 Discussion Guide
13.2 Knowledge Store: MarketsandMarkets Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (94 Tables)
Table 1 Essential Oils Banned By the IFRA (International Fragrance Association)
Table 2 Essential Oils Restricted By the IFRA (International Fragrance Association)
Table 3 Essential Oils Market Size, By Type, 20152022 (USD Million)
Table 4 Market Size, By Type, 20152022 (KT)
Table 5 Orange Oil Market Size, By Region, 20152022 (USD Million)
Table 6 Orange Oil Market Size, By Region, 20152022 (KT)
Table 7 Lemon Oil Market Size, By Region, 20152022 (USD Million)
Table 8 Lemon Oil Market Size, By Region, 20152022 (KT)
Table 9 Lime Oil Market Size, By Region, 20152022 (USD Million)
Table 10 Lime Oil Market Size, By Region, 20152022 (KT)
Table 11 Peppermint Oil Market Size, By Region, 20152022 (USD Million)
Table 12 Peppermint Oil Market Size, By Region, 20152022 (KT)
Table 13 Cornmint Oil Market Size, By Region, 20152022 (USD Million)
Table 14 Cornmint Oil Market Size, By Region, 20152022 (KT)
Table 15 Citronella Oil Market Size, By Region, 20152022 (USD Million)
Table 16 Citronella Oil Market Size, By Region, 20152022 (KT)
Table 17 Spearmint Oil Market Size, By Region, 20152022 (USD Million)
Table 18 Spearmint Oil Market Size, By Region, 20152022 (KT)
Table 19 Geranium Oil Market Size, By Region, 20152022 (USD Million)
Table 20 Geranium Oil Market Size, By Region, 20152022 (KT)
Table 21 Clove Leaf Oil Market Size, By Region, 20152022 (USD Million)
Table 22 Clove Leaf Oil Market Size, By Region, 20152022 (KT)
Table 23 Eucalyptus Oil Market Size, By Region, 20152022 (USD Million)
Table 24 Eucalyptus Oil Market Size, By Region, 20152022 (KT)
Table 25 Jasmine Oil Market Size, By Region, 20152022 (USD Million)
Table 26 Jasmine Oil Market Size, By Region, 20152022 (KT)
Table 27 Rosemary Oil Market Size, By Region, 20152022 (USD Million)
Table 28 Rosemary Oil Market Size, By Region, 20152022 (KT)
Table 29 Tea Tree Oil Market Size, By Region, 20152022 (USD Million)
Table 30 Tea Tree Oil Market Size, By Region, 20152022 (KT)
Table 31 Lavender Oil Market Size, By Region, 20152022 (USD Million)
Table 32 Lavender Oil Market Size, By Region, 20152022 (KT)
Table 33 Essential Oils Market Size for Other Product Types, By Region, 20152022 (USD Million)
Table 34 Essential Oils Market Size for Other Product Types, By Region, 20152022 (KT)
Table 35 Essential Oils Market Size, By Method of Extraction, 20152022 (USD Million)
Table 36 Market Size, By Method of Extraction, 20152022 (KT)
Table 37 Distillation Market Size, By Region, 20152022 (USD Million)
Table 38 Distillation Market Size, By Region, 20152022 (KT)
Table 39 Carbon Dioxide Extraction Market Size, By Region, 20152022 (USD Million)
Table 40 Carbon Dioxide Extraction Market Size, By Region, 20152022 (KT)
Table 41 Cold Press Extraction Market Size, By Region, 20152022 (USD Million)
Table 42 Cold Press Extraction Market Size, By Region, 20152022 (KT)
Table 43 Solvent Extraction Market Size, By Region, 20152022 (USD Million)
Table 44 Solvent Extraction Market Size, By Region, 20152022 (KT)
Table 45 Other Extraction Methods Market Size, By Region, 20152022 (USD Million)
Table 46 Other Extraction Methods Market Size, By Region, 20152022 (KT)
Table 47 Essential Oils Market Size, By Application, 20152022 (USD Million)
Table 48 Market Size, By Application, 20152022 (KT)
Table 49 Essential Oils Market Size in Food & Beverages, By Region, 20152022 (USD Million)
Table 50 Market Size in Food & Beverages, By Region, 20152022 (KT)
Table 51 Market Size in Cosmetics & Toiletries, By Region, 20152022 (USD Million)
Table 52 Market Size in Cosmetics & Toiletries, By Region, 20152022 (KT)
Table 53 Market Size in Aromatherapy, By Region, 20152022 (USD Million)
Table 54 Market Size in Aromatherapy, By Region, 20152022 (KT)
Table 55 Market Size in Home Care, By Region, 20152022 (USD Million)
Table 56 Market Size in Home Care, By Region, 20152022 (KT)
Table 57 Market Size in Healthcare, By Region, 20152022 (USD Million)
Table 58 Market Size in Healthcare, By Region, 20152022 (KT)
Table 59 Market Size in Other Applications, By Region, 20152022 (USD Million)
Table 60 Market Size in Other Applications, By Region, 20152022 (KT)
Table 61 Essential Oils Market Size, By Region, 20152022 (USD Million)
Table 62 Essential Oils Market Size, By Region, 20152022 (KT)
Table 63 North America: Market Size, By Country, 20152022 (USD Million)
Table 64 North America: Market Size, By Country, 20152022 (KT)
Table 65 North America: Market Size, By Product Type, 20152022 (USD Million)
Table 66 North America: Market Size, By Product Type, 20152022 (KT)
Table 67 North America: Market Size, By Method of Extraction, 20152022 (USD Million)
Table 68 North America: Market Size, By Method of Extraction, 20152022 (KT)
Table 69 North America: Market Size, By Application, 20152022 (USD Million)
Table 70 North America: Market Size, By Application, 20152022 (KT)
Table 71 Europe: Market Size, By Country, 20152022 (USD Million)
Table 72 Europe: Market Size, By Country, 20152022 (KT)
Table 73 Europe: Market Size, By Type, 20152022 (USD Million)
Table 74 Europe: Market Size, By Type, 20152022 (KT)
Table 75 Europe: Market Size, By Method of Extraction, 20152022 (USD Million)
Table 76 Europe: Market Size, By Method of Extraction, 20152022 (KT)
Table 77 Europe: Market Size, By Application, 20152022 (USD Million)
Table 78 Europe: Market Size, By Application, 20152022 (USD Million)
Table 79 Asia-Pacific: Market Size, By Country, 20152022 (USD Million)
Table 80 Asia-Pacific: Market Size, By Country, 20152022 (KT)
Table 81 Asia-Pacific: Market Size, By Product Type, 20152022 (USD Million)
Table 82 Asia-Pacific: Market Size, By Product Type, 20152022 (KT)
Table 83 Asia-Pacific: Market Size, By Method of Extraction, 20152022 (USD Million)
Table 84 Asia-Pacific: Market Size, By Method of Extraction, 20152022 (KT)
Table 85 Asia-Pacific: Market Size, By Application, 20152022 (USD Million)
Table 86 Asia-Pacific: Market Size, By Application, 20152022 (KT)
Table 87 RoW: Essential Oils Market Size, By Region, 20152022 (USD Million)
Table 88 RoW: Market Size, By Region, 20152022 (KT)
Table 89 RoW: Market Size, By Product Type, 20152022 (USD Million)
Table 90 RoW: Market Size, By Product Type, 20152022 (KT)
Table 91 RoW: Market Size, By Method of Extraction, 20152022 (USD Million)
Table 92 RoW: Market Size, By Method of Extraction, 20152022 (KT)
Table 93 RoW: Market Size, By Application, 20152022 (USD Million)
Table 94 RoW: Market Size, By Application, 20152022 (KT)
List of Figures (45 Figures)
Figure 1 Essential Oils Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Health Expenditure Per Capita (Current USD)
Figure 5 Share of Women Employed in the Non-Agricultural Sector
Figure 6 GDP, PPP (Current International USD) of Top Economies, 20112015
Figure 7 Market Size Estimation: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Market Breakdown & Data Triangulation
Figure 10 Overview of the Market, in Terms of Value
Figure 11 Essential Oils Market Size, By Region, in Terms of Volume
Figure 12 Market Size, By Product Type, 2017 vs 2022 (USD Million)
Figure 13 Market Size, By Application, 2017 vs 2022 (USD Million)
Figure 14 Oils Market Size, By Method of Extraction, 2017 vs 2022 (USD Million)
Figure 15 Emerging With Promising Growth Potential, 20172022 (USD Billion)
Figure 16 Asia-Pacific Projected to Grow at the Highest Rate From 2015 to 2022
Figure 17 Orange Oil Segment Held the Largest Share in the European Market, in 2016
Figure 18 Food & Beverages Segment Held the Largest Share Across All Regions, in 2016
Figure 19 U.S. Accounted for the Largest Share in the Country- & Region-Wise Market, in Terms of Volume (2016)
Figure 20 Essential Oils Market is at the Growth Stage, Globally
Figure 21 Drivers, Restraints, Opportunities, and Challenges
Figure 22 Value Chain Analysis
Figure 23 Supply Chain Analysis
Figure 24 Orange Oil to Dominate the Market Through 2022 (USD Million)
Figure 25 Distillation Method of Extraction to Dominate the Market Through 2022
Figure 26 Food & Beverage Segment to Lead the Market Through 2022 (USD Million)
Figure 27 Market Size, By Region, 20152022 (USD Million)
Figure 28 U.S. to Dominate the Market in North America Through 2022 (USD Million)
Figure 29 France is Projected to Be the Fastest-Growing Market in Europe Between 2017 & 2022
Figure 30 Germany is Projected to Dominate the Market in Europe Through 2022
Figure 31 India to Witness the Highest Growth in the Essential Oils Market in Asia-Pacific By 2022 (USD Million)
Figure 32 Japan to Lead the Essential Oils Market in the Asia-Pacific Region By 2022 (USD Million)
Figure 33 South America to Lead the Market in RoW Through 2022
Figure 34 Essential Oils Market: DIVE Chart
Figure 35 Cargill: Company Snapshot
Figure 36 E.I. Du Pont De Nemours and Company: Company Snapshot
Figure 37 Koninklijke DSM N.V.: Company Snapshot
Figure 38 Givaudan SA: Company Snapshot
Figure 39 Firmenich SA: Company Snapshot
Figure 40 Sensient Technologies Corporation: Company Snapshot
Figure 41 International Flavors & Fragrances Inc.: Company Snapshot
Figure 42 Symrise: Company Snapshot
Figure 43 Frutarom Industries Ltd: Company Snapshot
Figure 44 Mane SA: Company Snapshot
Figure 45 Robertet SA: Company Snapshot
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Growth opportunities and latent adjacency in Essential Oils Market
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