A leading research firm Zion Market research added a recent report on “Essential Oils Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026” to its research database. The Essential Oils Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market. It also includes industry aspects such as drivers, restraints, and opportunities that have been observed in the market throughout its forecast period. It also includes figures pertaining to the volume, value and growth rate of the market from a historical as well as futuristic point of view. The Essential Oils Market report includes the forecasts, analysis and important industry trends, market size, market share estimates and profiles of the leading industry Players.
Alternatively, essential oils are also known as volatile oils and they are obtained from flowers, roots, leaves, stem, and several other parts of plants. Essential oils contain the real essence of the plants and aroma compounds. Mainly, essential oils are used in the food and beverages and cosmetics and personal care industries. Essential oils have several medicinal benefits thus it is also utilized in the pharmaceutical sector.
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Growth in the food and beverage sector and the rise in the disposable income have increased the demand for the added flavors and fragrances which are obtained using the essential oils. These fragrances are used in the massages, aromatherapy, and in other relaxation techniques for stimulation. The essential oils offer several health benefits which have increased the demand for the essential oils in the pharmaceutical and medical applications thus triggering the growth of the essential oils market. Other factors that are driving the growth of the essential oils market are increasing demand for the aromatic personal care products, growing popularity of the odorants and pharmaceutical ingredients, the rise in the R&D and technological advancements, and the growing disposable income. Developments in the spa and the relaxation sectors have positively benefitted the market.
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The global essential oils market is fragmented into the product type, method of extraction, and application. On the basis of the product type, the global market is categorized into lemon oil, peppermint oil, citronella oil, geranium oil, eucalyptus oil, tea tree oil, lavender oil, orange oil, lime oil, corn mint oil, spearmint oil, clove leaf oil, jasmine oil, rosemary oil, and others. Based on the method of extraction of the essential oils, the global essential oils market is segregated into carbon dioxide extraction, solvent extraction, distillation, cold press extraction, and others segment which is subdivided into resin tapping and maceration. On the basis of application, the market is classified into cosmetics & toiletries, home care, food & beverage, aromatherapy, health care, and others.
The Asia Pacific is anticipated to register a rapid growth in the essential oils market in the coming years. The factors that are driving the growth of the market in the region are a rise in the disposable income, growing interest in the use of the natural products such as essential oils by the consumers, and the rapid industrialization. Majority of the market share is anticipated to be contributed by North America. In North America, the U.S. leads the essential oils market and is the major exporter and importer of the essential oils. Major exports are to the countries such as Germany, Canada, Japan, and the U.K. Imports are from the countries such as India and France. The growth in the production of the essential oils coupled with the increasing demand from several end-user industries increases the demand for the essential oil products worldwide.
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Some of the most important market players in the essential oils market include Biolandess SAS, E.I. du Pont de Nemours and Company, Young Living Essential Oils, Givaudan SA, Sydney Essential Oil Co., Koninklijke DSM N.V., and Cargill, among others.
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Global Essential Oils Market: Regional Segment Analysis
- North America
- The U.S.
- The UK
- The Asia Pacific
- Latin America
- The Middle East and Africa
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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