The global Essential Oil market was valued at US$ 6942.6 million in 2022 and is projected to reach US$ 11490 million by 2029, at a CAGR of 7.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Essential oils also known as ethereal oils, volatile oils, and aetherolea are extracted from plants.
This report aims to provide a comprehensive presentation of the global market for Essential Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Essential Oil. This report contains market size and forecasts of Essential Oil in global, including the following market information:
Global Essential Oil Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Essential Oil Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Essential Oil companies in 2022 (%)
In terms of geography, Europe led the global essential oil market. The growth of this market in Europe is attributed to the presence of more than 1,400 spas and health resorts in the region.
We surveyed the Essential Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Essential Oil Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Essential Oil Market Segment Percentages, by Type, 2022 (%)
- Natural Essential Oil
- Synthetic Essential Oil
Global Essential Oil Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Essential Oil Market Segment Percentages, by Application, 2022 (%)
- Food and Beverages
- Recreation
- Other
Global Essential Oil Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Essential Oil Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Essential Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Essential Oil revenues share in global market, 2022 (%)
- Key companies Essential Oil sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Essential Oil sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- The Body Shop
- Bath & Body Works Direct
- Aromaaz
- Aura Cacia
- Biolandes
- Bon Vital'
- Nature's Alchemy
- Edens Garden
- Earthly Body
- Fabulous Frannie
- Khadi Natural
- MHP
- Now Foods
- Plant Therapy Essential Oils
- Soothing Touch
- Sydney Essential Oils
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Essential Oil, market overview.
- Chapter 2: Global Essential Oil market size in revenue and volume.
- Chapter 3: Detailed analysis of Essential Oil manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Essential Oil in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Essential Oil capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
