Essential Oil Market Size, Share, and Trends Analysis Report

CAGR :  Diagram

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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

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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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Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global essential oil market, 2014 - 2020, (Kilo tons) (USD Million)
    • 2.2. Essential oil: Market snapshot
  • Chapter 3. Essential Oil Market– Industry Analysis
    • 3.1. Essential oil: Market dynamics
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Growing demand for natural personal care products
      • 3.3.2. High demand for fragrance and flavors from the end-users
    • 3.4. Restraints
      • 3.4.1. Limited availability of raw material
      • 3.4.2. Less awareness about essential oil market in developing countries
    • 3.5. Opportunity
      • 3.5.1. Increasing growth in spa & relaxation industries
    • 3.6. Porter’s Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market attractiveness analysis by product segment
      • 3.7.2. Market attractiveness analysis by application segment
      • 3.7.3. Market attractiveness analysis by regional segment
  • Chapter 4. Global Essential Oil Market -Competitive Landscape
    • 4.1. Company market share analysis, 2014
    • 4.2. Production capacity (subject to data availability)
    • 4.3. Raw material analysis
    • 4.4. Price trend analysis
  • Chapter 5. Essential Oil Market – Product Analysis
    • 5.1. Global essential oil market volume share, by product, 2014 & 2020
    • 5.2. Global orange essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.3. Global corn mint essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.4. Global eucalyptus essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.5. Global citronella essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.6. Global pepper mint essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.7. Global lemon essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.8. Global clover leaf essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.9. Global lime essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
    • 5.10. Global spearmint essential oil market, 2014 – 2020 (Kilo tons) (USD Million)
  • Chapter 6. Global Essential Oil Market: Application Overview
    • 6.1. Global essential oil market volume share, by application, 2014 and 2020
    • 6.2. Global essential oil market for medical, 2014 – 2020 (Kilo tons) (USD Million)
    • 6.3. Global essential oil market for food & beverage, 2014 – 2020 (Kilo tons) (USD Million)
    • 6.4. Global essential oil market for spa & relaxation, 2014 – 2020 (Kilo tons) (USD Million)
    • 6.5. Global essential oil market for cleaning & home, 2014 – 2020 (Kilo tons) (USD Million)
    • 6.6. Global essential oil market for others, 2014 – 2020 (Kilo tons) (USD Million)
  • Chapter 7. Essential Oil Market - Regional Analysis
    • 7.1. Global essential oil market: Regional overview
      • 7.1.1. Global essential oil market volume share, by region, 2014 and 2020
    • 7.2. North America
      • 7.2.1. North America essential oil market volume, by product, 2014 – 2020 (Kilo tons)
      • 7.2.2. North America essential oil market revenue, by product, 2014 – 2020 (USD Million)
      • 7.2.3. North America essential oil market volume, by application, 2014 – 2020 (Kilo tons)
      • 7.2.4. North America essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.2.5.2. U.S. essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.2.5.3. U.S. essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.2.5.4. U.S. essential oil market revenue, by application, 2014 – 2020 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe essential oil market volume, by product, 2014 – 2020 (Kilo tons)
      • 7.3.2. Europe essential oil market revenue, by product, 2014 – 2020 (USD Million)
      • 7.3.3. Europe essential oil market volume, by application, 2014 – 2020 (Kilo tons)
      • 7.3.4. Europe essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.5. Germany
        • 7.3.5.1. Germany essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.3.5.2. Germany essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.3.5.3. Germany essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.3.5.4. Germany essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.6. UK
        • 7.3.6.1. UK essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.3.6.2. UK essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.3.6.3. UK essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.3.6.4. UK essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.3.7. France
        • 7.3.7.1. France essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.3.7.2. France essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.3.7.3. France essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.3.7.4. France essential oil market revenue, by application, 2014 – 2020 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia-Pacific essential oil market volume, by product, 2014 – 2020 (Kilo tons)
      • 7.4.2. Asia-Pacific essential oil market revenue, by product, 2014 – 2020 (USD Million)
      • 7.4.3. Asia-Pacific essential oil market volume, by application, 2014 – 2020 (Kilo tons)
      • 7.4.4. Asia-Pacific essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.5. China
        • 7.4.5.1. China essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.4.5.2. China essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.5.3. China essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.4.5.4. China essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.6. Japan
        • 7.4.6.1. Japan essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.4.6.2. Japan essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.6.3. Japan essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.4.6.4. Japan essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.4.7. India
        • 7.4.7.1. India essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.4.7.2. India essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.4.7.3. India essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.4.7.4. India essential oil market revenue, by application, 2014 – 2020 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America essential oil market volume, by product, 2014 – 2020 ( Kilo tons)
      • 7.5.2. Latin America essential oil market revenue, by product, 2014 – 2020 (USD Million)
      • 7.5.3. Latin America essential oil market volume, by application, 2014 – 2020 (Kilo tons)
      • 7.5.4. Latin America essential oil market revenue, by application, 2014 – 2020 (USD Million)
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil essential oil market volume, by product, 2014 – 2020 (Kilo tons)
        • 7.5.5.2. Brazil essential oil market revenue, by product, 2014 – 2020 (USD Million)
        • 7.5.5.3. Brazil essential oil market volume, by application, 2014 – 2020 (Kilo tons)
        • 7.5.5.4. Brazil essential oil market revenue, by application, 2014 – 2020 (USD Million)
    • 7.6. Middle East & Africa
      • 7.6.1. Middle East & Africa essential oil market volume, by product, 2014 – 2020 (Kilo tons)
      • 7.6.2. Middle East & Africa essential oil market revenue, by product, 2014 – 2020 (USD Million)
      • 7.6.3. Middle East & Africa essential oil market volume, by application, 2014 – 2020 (Kilo tons)
      • 7.6.4. Middle East & Africa essential oil market revenue, by application, 2014 – 2020 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. Biolandes
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Sydney Essential Oils
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. HRF
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. The Lebermuth Company
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Young Living Essential Oils
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. doTerra
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Essential Oils of New Zealand
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Sydella Laboratoire
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Farotti Essenze
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments
    • 8.10. Moksha Lifestyle Products
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments
    • 8.11. West India Spices Inc
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product portfolio
      • 8.11.4. Business strategy
      • 8.11.5. Recent developments
    • 8.12. Falcon
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product portfolio
      • 8.12.4. Business strategy
      • 8.12.5. Recent developments
    • 8.13. Ungerer Limited
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Product portfolio
      • 8.13.4. Business strategy
      • 8.13.5. Recent developments

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