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.
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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.
Increased demand from major end-use sectors such as food and beverage, personal care and cosmetics, and aromatherapy is likely to drive the market. Essential oils, unlike most conventional medications and chemicals, have no significant negative effects. Such product characteristics are expected to be the primary driver of market expansion.
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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.
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Segmentation:
The Essential Oils Market is segmented by type, application, distribution channel, and region. By type, the market is divided into citronella, clove, spearmint, tea tree, geranium oil, etc. Based on the application the market is bifurcated into medical, spa, and ingredient. Whereas for the end user, the market is segmented into supermarkets, retail stores, and online. Region-Wise the market is segmented by North America, Europe, Asia-Pacific, and the rest of the world.
Key Players:
The Essential Oils Market report includes players such as Cargill Inc. (US), DuPont (US), Givaudan SA (Switzerland), Sensient Technologies Corporation (US), The Lebermuth Company Inc. (US), Firmenich SA (Switzerland), Sydney Essential Oil CO. (Australia), Moksha Lifestyle Products (India), Reynaude & Fils (France) and doTerra International (US), and among others.
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