Essential Oils Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Global Essential Oils Market size was valued at USD 18.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7% in terms of revenue from 2022 to 2028. 

Essential oils are liquids that are naturally filtered from the stems, leaves, flowers, seeds or roots of plants. Types of essential oils include lavender, tea tree, orange, lemon, peppermint, and cornmint. These are antibacterial, antiviral, antifungal and antibacterial oils. They bypass the digestive system quickly, so they are beneficial for people with weak digestion/anabolism. Also, because of its high oxygen content, it is suitable for infants and toddlers who cannot swallow tablets or capsules.

Market Segments

By Application

• Food and Beverages
• Medical
• Cleaning and Home
• Spa and Relaxation
• Others

By Product

• Orange
• Eucalyptus
• Cornmint
• Peppermint
• Citronella
• Lemon
• Lime
• Clove
• Spearmint

Key Players

• BIOLANDES
• FAROTTI ESSENZ SRL
• ESSENTIAL OILS OF NEW ZEALAND LTD.
• H. REYNAUD & FILS
• MOKSHA LIFESTYLE PRODUCTS
• SYDNEY ESSENTIAL OIL CO.
• THE LEBERMUTH COMPANY
• WEST INDIA SPICES INC.

Scope of the Report

The research study analyzes the global Essential Oils industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Essential Oils Market Report

1. What was the Essential Oils Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Essential Oils Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Essential Oils Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.