Global Essential Oils Market report from Global Insight Services is the single authoritative source of intelligence on Essential Oils Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An essential oil is a liquid obtained by distilling the plant’s stems, leaves, seeds, roots, or blossoms. Lavender, tea tree, orange, lemon, peppermint, wild mint, and other essential oils are often utilized. Antibacterial, antiviral, antifungal, and antimicrobial properties are all present in these oils. They easily bypass the digestive system, making them advantageous to persons who have difficulty digesting or assimilating food. Essential oils are also highly oxygenating, making them excellent for newborns who are unable to take pills or capsules.
Manufacturers have been obliged to move their attention from synthetic to natural products as consumer awareness of natural and organic personal care products, food and beverages has grown, which has functioned as one of the key influences influencing the global essential oils market.
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Key Trends and Drivers:
- Aromatherapy is the practice of using essential oils for therapeutic and cosmetic purposes. Essential oils are widely utilized in aromatherapy because they benefit both physical and mental facilities of the body at the same time. Essential oil demand is projected to benefit from the growing aromatherapy business.
- Manufacturers have been obliged to move their attention from synthetic to natural products as consumer awareness of natural and organic personal care products, food and beverages has grown, which has functioned as one of the key influences driving the growth global essential oils market.
Restraints and Challenges:
- Essential oils have very low yield per unit of raw plan. Growth of essential oils market has resulted in excessive plantation of these non food plants and also extensive deforestation where these plants grow in the wild. This problem is more acute in developing markets and has resulted in deforestation as well as increase in prices of essential oils which can hamper future growth of the market.
- Concentrated pure essential oils are very costly owning to low yields, limited cultivation, and production in remote areas. This has resulted in use of additives and adulterants in essential oils. Poor quality control and harmful impact of adulterants can have negative repercussions on the growth of the market.
Segmentation:
By Type
- Citronella oil
- Clove leaf oil
- Eucalyptus oil
- Geranium oil
- Jasmine oil
- Lavender oil
Key Players:
- Cargill Inc.
- DuPont
- Givaudan SA
- Sensient Technologies Corporation
- The Lebermuth Company Inc.
- Firmenich SA
- Sydney Essential Oil CO.
- Moksha Lifestyle Products.
- Reynaude & Fils
- doTerra International
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