Essential Oil Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

Market Size 2023 (Base Year) USD 12.59 Billion
Market Size 2032 (Forecast Year) USD 25.80 Billion
CAGR 8.3%
Forecast Period 2024 - 2032
Historical Period 2018 - 2023

Essential Oil Market Insights

As per the published report by Market Research Store, the Global Essential Oil Market size was estimated at USD 12.59 Billion in 2023 and is anticipated to reach reach USD 25.80 Billion by 2032, growing at a projected CAGR of 8.3% during the forecast period 2024-2032. The report provides a detailed analysis of the global Essential Oil Market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.

Essential Oil Market Size

Essential Oil Market: Report Scope

Report Attributes Report Details
Report Name Essential Oil Market
Market Size in 2023 USD 12.59 Billion
Market Forecast in 2032 USD 25.80 Billion
Growth Rate CAGR of 8.3%
Number of Pages 110
Key Companies Covered Biolandes, Sydney Essential Oils, HRF, The Lebermuth Company, Young Living Essential Oils, doTerra, Essential Oils of New Zealand, Sydella Laboratoire, Farotti Essenze, Moksha Lifestyle Products, West India Spices Inc., Falcon, and Ungerer Limited.
Segments Covered By Product, By Application, By, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2023
Forecast Year 2024 to 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization


The report covers forecast and analysis for the essential oil market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the essential oil market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the essential oil market on a global level.

In order to give the users of this report a comprehensive view on the essential oil market, we have included a detailed value chain analysis. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the essential oil market has also been included. The study encompasses a market attractiveness analysis, wherein product segments and application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the essential oil market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key product segmented market covered under this study includes orange, corn mint, eucalyptus, citronella, pepper mint, lemon, clover leaf, lime, spearmint. Key application market covered under this study includes medical, food & beverage, spa & relaxation, cleaning & home, and other. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Rest of the World with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil. This segmentation includes demand for essential oil based on individual applications in all the regions and countries.

The report also includes detailed profiles of end players such as Biolandes, Sydney Essential Oils, HRF, The Lebermuth Company, Young Living Essential Oils, doTerra, Essential Oils of New Zealand, Sydella Laboratoire, Farotti Essenze, Moksha Lifestyle Products, West India Spices Inc., Falcon, and Ungerer Limited. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.

This report segments the global essential oil market as follows:

Essential Oil Market: Product Segment Analysis

  • Orange
  • Corn mint
  • Eucalyptus
  • Citronella
  • Pepper mint
  • Lemon
  • Clover leaf
  • Lime
  • Spearmint

Essential Oil Market:  Application Segment Analysis

  • Medical
  • Food & Beverage
  • Spa & Relaxation
  • Cleaning & Home
  • Other

Essential Oil Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Frequently Asked Questions

These dominant industry players use well planned strategies to occupied highest market share in this market. Some of the top players in [Keyword] business includes. [Company list]

As per [Keyword] market analysis, North America is forecasted to occupied major share in the [Keyword] market.

The statistical data of the dominant industry player of [Keyword] market can be acquired from the company profile segment described in the report. This segment come up with analysis of major player’s in the [Keyword] market, also their last five-year revenue, segmental, product offerings, key strategies adopted and geographical revenue produced.

The report come up with a segment of the [Keyword] market based on Type, Region, and Application, Also offer a determined view on the [Keyword] market.

The report offers a nitty-gritty estimation of the market by providing data on various viewpoints that incorporate, restraints, drivers, and opportunities threats. This data can help in making suitable decisions for stakeholders before investing.

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