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 |
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.
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
Essential Oil Market: Application Segment Analysis
Essential Oil Market: Regional Segment Analysis
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Essential Oil
Essential Oil
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