Global Essential Oils Market To Grow Swiftly With An (CAGR) of 5.9% during the forecast period 2024-2032

As per Zion Market Research, the global Essential Oils Market was valued at USD 268.21 Billion in 2023 and is projected to hit USD 449.30 Billion by 2032, with a compound annual growth rate (CAGR) of 5.9% during the forecast period 2024-2032. Solid development of end-use sectors such as personal care & cosmetics, food & beverage, and aromatherapy is responsible for the development of the global market.

Major players comprised in the development and expansion of the global market comprise Young Living Essential Oils; DoTerra; The Lebermuth Company; Essential Oils of New Zealand; India Essential Oils; NOW Foods; Ungerer and Company, Inc.; Flavex Naturextrakte GmbH; and West India Spices Inc.

Increasing Preference Of Users Towards Organic And Natural Goods To Power The Development Of Global Essential Oils Market

Various overall health advantages provided by these oils are expected to power their requirement in medical and pharmaceutical applications. Unlike most of the conventional drugs and medicines, they have no major negative effects. Increasing preference of users towards organic and natural goods is also causing elevated employment of essential oils in food & beverages and cosmetics sectors. Increasing awareness related to health advantages of naturally sourced oils together with rising number of users showing preference towards aromatherapy is predicted to offer a boost to the development of global market. Aromatherapy is attaining reputation, particularly amongst urban population, owing to rising media influence and altering lifestyles.

Asia Pacific Predicted To See The Uppermost Growth In The Years To Come In The Global Essential Oils Market

Asia Pacific added up for more than 11% in terms of capitalization in 2019. It is predicted to see the uppermost growth in the years to come. The development in this area can be majorly credited to attendance of huge population together with different untapped markets, which are predicted to draw attention of major players to extend and establish their distribution and operational hubs in this area.

Browse the full “Essential Oils Market - By Sales Channel (Direct Selling and Others), By Application (Medical, Cleaning & Home, Spa & Relaxation, and Food & Beverages), By Product (Cardamom, Lemon, Clove, Lime, Garlic, Turmeric, Eucalyptus, Neem, Cinnamon, Basil, Juniper, Pepper mint, Cumin, and Ginger), and By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/essential-oils-market

The global essential oils market is segmented as follows:

By Product

• Acorus Calamus
• Ajowan
• Basil
• Black pepper
• Cardamom
• Carrot Seed
• Cassia
• Cedarwood
• Celery
• Cinnamon
• Citronella
• Ciz-3 Hexanol
• Clove
• Cornmint
• Cumin Seed
• Curry Leaf
• Cypriol
• Davana
• Dill Seed
• De-Mentholised Peppermint
• Eucalyptus
• Fennel
• Frankincense
• Garlic
• Ginger
• Holy Basil
• Juniper Berry
• Lemon
• Lemongrass
• Lime
• Mace
• Mustard
• Neem
• Nutmeg
• Orange
• Palmarosa
• Pepper Mint
• Rosemary
• Spearmint
• Tea Tree
• Turmeric
• Vetiver
• Others

By Application

• Medical
  • Pharmaceutical
  • Nutraceuticals
• Food & Beverages
  • Bakery
  • Confectionery
  • Dairy
  • RTE meals
  • Beverages
  • Meat, Poultry & Seafood
  • Snacks & Nutritional Bars
• Spa & Relaxation
  • Aromatherapy
  • Massage Oil
  • Personal Care
    • Cosmetics
      • Hair Care
      • Skin Care
      • Sun Care
      • Makeup and color cosmetics
    • Toiletries
      • Soaps
      • Shampoos
      • Men's Grooming
      • Oral Care
      • Baby Care
    • Fragrances
      • Perfumes
      • Body Sprays
      • Air fresheners
• Cleaning & Home
  • Kitchen Cleaners
  • Floor Cleaners
  • Bathroom Cleaner
  • Fabric Care

By Sales

• Direct Selling
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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