According to a new market research report published by Global Insight Services “Essential Oils Market is expected to reach US$ XX bn by 2031”. 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 Players:
- Cargill Inc.
- DuPont
- Givaudan SA
- Sensient Technologies Corporation
- The Lebermuth Company Inc.
- Firmenich SA
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:
By Type
- Citronella oil
- Clove leaf oil
- Eucalyptus oil
- Geranium oil
- Jasmine oil
- Lavender oil
- Lemon oil
- Lime oil
- Orange oil
- Peppermint oil
- Rosemary oil
- Spearmint oil
- Tea tree oil
- Wild mint oil
By Application
- Medical
- Cleaning And Home
- Spa And Relaxation
- Food And Beverages
By Distribution Channel
- Supermarkets
- Retail stores
- Online
Reasons to buy Essential Oils Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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