Reports

Global Essential Oils Market to Grow at a CAGR of 9.6% between 2024 and 2032

Sale

Global Essential Oils Market Size, Share, Forecast: By Type: Mentha Oil, Orange Oil, Peppermint Oil, Clove Oil; By Application: Flavour and Fragrance, Industrial, Pharmaceuticals; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Global Essential Oils Market Analysis

The essential oils market is significantly driven by the growing demand for natural products. These oils are concentrated and usually have less or no adulteration. A transition from synthetic to natural additives is witnessed owing to the growth in the organic products sector. The increasing awareness regarding health and wellness among the consumers is also aiding the industry growth. The increased application of essential oil in the making of natural flavours and fragrances due to their rising demand across significant industries is also expected to propel the essential oils market growth further. The demand for personal care products, where essential oils are being used in products such as body scrubs, lotions, etc., is expected to increase at a high growth rate, thus, supporting the forecast growth of the essential oils market.

Essential oils are significantly used in spas and therapies. Rising consumer awareness about the medical and relaxing properties of essential oils are the major driving factors of the market. The growing consumer awareness and their increasing demand for natural organic ingredients are expected to increase the demand for essential oils. Major companies are also investing in essential oils-based products, thus, driving the demand for the products. The demand for lemon oil, particularly, is expected to increase among consumers in the coming years, driven by high consumer awareness of its multiple uses as a relaxant, household cleaner, and in skin care applications. The cosmetics market is a crucial driver for the lavender oil demand as it is used in the production of multiple cosmetic products.

The pharmaceutical market also uses essential oils. Oils like onion oil, lemon oil, eucalyptus oil, etc, have medicinal uses and, thus, are used to treat problems topically. The market for mint oil is growing due to the increasing overseas demand for Indian produced menthol. Clove oil, on the other hand, is abundantly used as an anaesthetic in aquariums to euthanize sick or diseased fish by giving an overdose. It is also finding rising use in mouse traps.

Essential Oils Market Report Snapshots

Essential Oils Market Size

Essential Oils Market Analysis

Essential Oils Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Essential Oils Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Essential Oils Historical Market (2018-2023)
   8.3   Global Essential Oils Market Forecast (2024-2032)
   8.4   Global Essential Oils Market by Type
       8.4.1   Mentha Oil
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
           8.4.1.3 Breakup by End Use
               8.4.1.3.1   Tobacco
               8.4.1.3.2   Cosmetics
               8.4.1.3.3   Confectionery
               8.4.1.3.4   Pharmaceuticals
               8.4.1.3.5   Oral Care
               8.4.1.3.6   Others
       8.4.2   Orange Oil
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
           8.4.2.3 Breakup by End Use
               8.4.2.3.1   Personal Care
               8.4.2.3.2   Food
               8.4.2.3.3   Pharmaceuticals
               8.4.2.3.4   Others
       8.4.3   Peppermint Oil
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
           8.4.3.3 Breakup by End Use
               8.4.3.3.1   Personal Care
               8.4.3.3.2   Food
               8.4.3.3.3   Pharmaceuticals
               8.4.3.3.4   Others
       8.4.4   Clove Oil
           8.4.4.1 Historical Trend (2018-2023)
           8.4.4.2 Forecast Trend (2024-2032)
           8.4.4.3 Breakup by Product
               8.4.4.3.1   Clove Leaf Oil
               8.4.4.3.2   Clove Stem Oil
               8.4.4.3.3   Clove Bud Oil
           8.4.4.4 Breakup by Application
               8.4.4.4.1   Food & Beverages
               8.4.4.4.2   Household Care
               8.4.4.4.3   Pharmaceuticals
               8.4.4.4.4   Tobacco
               8.4.4.4.5   Fabric Care
   8.5   Global Essential Oils Market by Application
       8.5.1   Flavor and Fragrance
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   Industrial
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
       8.5.3   Pharmaceuticals
           8.5.3.1 Historical Trend (2018-2023)
           8.5.3.2 Forecast Trend (2024-2032)
   8.6   Global Essential Oils Market by Region
8.6.1 North America
           8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Essential Oils Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Essential Oils Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Essential Oils Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Essential Oils Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Essential Oils Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code – 3301)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 Mentha Oil Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Orange Oil Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Peppermint Oil Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Clove Oil Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Lebermuth, Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Sydney Essential Oil Co.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Biolandes SA
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Young Living Essential Oils
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Givaudan SA
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Farotti SRL
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Robertet SA
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Others
19 Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Essential Oils Market: Key Industry Highlights, 2018 and 2032
2.   Global Essential Oils Historical Market: Breakup by Type (USD Billion), 2018-2023
3.   Global Essential Oils Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.   Global Essential Oils Historical Market: Breakup by Application (USD Billion), 2018-2023
5.   Global Essential Oils Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.   Global Essential Oils Historical Market: Breakup by Region (USD Billion), 2018-2023
7.   Global Essential Oils Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.   North America Essential Oils Historical Market: Breakup by Country (USD Billion), 2018-2023
9.   North America Essential Oils Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.   Europe Essential Oils Historical Market: Breakup by Country (USD Billion), 2018-2023
11.   Europe Essential Oils Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.   Asia Pacific Essential Oils Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   Asia Pacific Essential Oils Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Latin America Essential Oils Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Latin America Essential Oils Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Middle East and Africa Essential Oils Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Middle East and Africa Essential Oils Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Major Exporting Countries by Value
19.   Major Importing Countries by Value
20.   Major Exporting Countries by Volume
21.   Major Importing Countries by Volume
22.   Global Essential Oils Market Structure

Key Questions Answered in the Report

What was the global essential oils market size in 2023?

In 2023, the essential oils market was valued at USD 10.59 billion.

What is the growth rate of the global essential oils market?

The market is projected to grow at a CAGR of 9.6% between 2024 and 2032.

What is the forecast outlook of the global essential oils market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 24.16 billion by 2032.

What are the major market drivers?

The major drivers of the market are growing demand for natural products, increasing awareness regarding health and wellness, and rising demand across significant industries.

What are the key trends of the market?

The key trends guiding the growth of the market include the rising consumer awareness of the multiple uses of the product, customisation of essential oils, and their use as a functional fragrance.

What are the major regional markets of the product, according to the market report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading types of essential oils in the market?

Mentha oil, orange oil, peppermint oil, and clove oil are the leading types in the global essential oils market.

What are the major applications of essential oils?

Flavour and fragrance, industrial, and pharmaceuticals are the major applications of essential oils.

Who are the key market players, according to the report?

The major players in the market are Lebermuth, Inc., Sydney Essential Oil Co., Biolandes SA, Young Living Essential Oils, Givaudan SA, Farotti SRL, Robertet SA, Others.

Analyst Review

The global essential oils market attained a value of nearly USD 10.59 billion in 2023, driven by growing demand for natural products. Aided by the rising consumer awareness of the product, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.6%. The market is projected to reach a value of USD 24.16 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into mentha oil, orange oil, peppermint oil, clove oil, and others. On the basis of applications, the industry is divided into flavour and fragrance, industrial, and pharmaceuticals. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Lebermuth, Inc., Sydney Essential Oil Co., Biolandes SA, Young Living Essential Oils, Givaudan SA, Farotti SRL, Robertet SA, Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Request Sample

Purchase Full Report

Datasheet

$ ~~2199~~ $1999

Selected Sections, One User
Printing Not Allowed
Email Delivery in PDF
~~Free Limited Customisation~~
~~Post Sales Analyst Support~~
~~50% Discount on Next Update~~

Buy Now

Single User License

$ ~~3299~~ $2999

All Sections, One User
One Print Allowed
Email Delivery in PDF
~~Free Limited Customisation~~
~~Post Sales Analyst Support~~
~~50% Discount on Next Update~~

Buy Now

Five User License

$ ~~4399~~ $3999

All Sections, Five Users
Five Prints Allowed
Email Delivery in PDF
Free Limited Customisation
Post Sales Analyst Support
~~50% Discount on Next Update~~

Buy Now

Corporate License

$ ~~5499~~ $4999

All Sections, Unlimited Users
Unlimited Prints Allowed
Email Delivery in PDF + Excel
Free Limited Customisation
Post Sales Analyst Support
50% Discount on Next Update

Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER