Worldwide Essential Oils Industry to 2027

Worldwide Essential Oils Industry to 2027

DUBLIN, Jan. 18, 2023 /PRNewswire/ — The “Essential Oils Market By Product Type, Application (Food & drinks, Cosmetics & Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits & Vegetables, Herbs & Spices, Flowers), Method of Extraction and Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s providing.Research_and_Markets_LogoThe international important oils market measurement is estimated to be valued at USD 8.8 billion in 2022 and is projected to attain USD 15.3 billion by 2027, recording a CAGR of 11.8% when it comes to worth.By utility, the aromatherapy is projected to develop quickly in the course of the forecast intervalThe rising reputation of aromatherapy and different various drugs is growing in demand, as are the stress-free results of important oils when utilized by way of a therapeutic massage. The well being {industry} has begun to incorporate important oils in aromatherapy functions to deal with Alzheimer’s, bronchitis, and numerous cardiovascular issues.Changing existence and their penalties, similar to excessive stress and despair, together with growing disposable incomes, ends in a rise in demand for aromatherapy. Ginger oil, pine oil, oregano oil, and wintergreen oil are a number of the important oils used on a big scale in various therapies.The National Association for Holistic Aromatherapy (NAHA), the Alliance of International Aroma Therapists, and The Canadian Federation of Aroma Therapists have established requirements for aromatherapy certification within the US and Canada. This would enable the important oil {industry} to use totally different oils for numerous aromatherapy merchandise, globally.By kind, the orange important oil is broadly utilized in all of the domains due to the presence of the excessive quantity of vitamin C and interesting perfumeOranges are filled with vitamin C and provide a number of well being benefits. The rind of the candy orange, Citrus sinensis, is used to make orange important oil. Cold urgent, a way used to extract the oils from the rind, is used to accomplish this. Brazil is the main orange producer on the earth producing about 30% of the world’s output.Story continuesOrange oil, which is energetic, is without doubt one of the most generally used choices in aromatherapy. The oil can lower numerous sorts of ache similar to irritation, muscle spasms, tissue injury, ache from bone fractures, headache, and many others.The Asia Pacific market is being pushed by a rise in demand for home merchandise introduced on by an increasing center classThe Asia Pacific area is usually segmented into India, China, Japan, New Zealand, Australia, and Rest of Asia pacific. The enhancing lifestyle and excessive per capita revenue within the area, together with larger expenditure, are driving up the demand for important oils, which has been considerably influenced by the expansion of the wellness and leisure sectors.The demand for citrus-based important oils like orange and lemon has additionally attracted lots of shopper curiosity in a few of nations. The product is turning into extra broadly used within the private care and family merchandise sectors, and the utilization of citrus important oil in tastes, odorants, and pharmaceutical substances has recently elevated.With rising economies, rising industrialization, growing demand for processed meals, and shopper choice for high quality merchandise, ingredient suppliers have gotten more and more optimistic concerning the progress of the meals & beverage {industry}.Key Topics Covered:1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights4.1 Attractive Opportunities for Players in Essential Oil Market4.2 Essential Oils Market: Major Regional Submarkets4.3 Asia-Pacific: Essential Oil Market, by Source & Country4.4 Asia-Pacific: Essential Oil Market, by Application4.5 Essential Oil Market, by Methods of Extraction4.6 Essential Oil Market, by Application & Region5 Market Overview5.1 Introduction5.2 Macroeconomic Indicators5.2.1 Rise in Depression and Anxiety Disorders5.2.2 Increasing Demand for Organic Food5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Increase in Demand for Aromatherapy5.3.1.2 Increasing Demand for Natural Ingredients and Clean Label Products5.3.1.3 Increased Use of Essential Oils in Homecare Products5.3.1.4 Use of Essential Oils as an Additive in Feed5.3.1.5 Demand for Essential Oils in Cosmetic & Fragrance Industry5.3.2 Restraints5.3.2.1 Depletion of Natural Resources5.3.2.2 Side Effects Associated with Specific Essential Oils5.3.3 Opportunities5.3.3.1 Powdered Essential Oil to Create New Opportunities5.3.4 Challenges5.3.4.1 Prevalence of Synthetic/Adulterated Products6 Industry Trends6.1 Introduction6.2 Value Chain6.2.1 Research and Product Development6.2.2 Raw Material Sourcing6.2.3 Production6.2.4 Packaging, Storage, and Distribution6.2.5 End-Users6.3 Supply Chain Analysis6.4 Market Map and Ecosystem of Essential Oils Market6.4.1 Demand Side6.4.2 Supply Side6.4.3 Ecosystem Map6.5 Trends/Disruptions Impacting Customers’ Businesses6.5.1 Revenue Shift and New Revenue Pockets in Essential Oil Market6.6 Technology Analysis6.6.1 Ultrasonic Hydro Distillation6.6.2 Pressurized Hot Water Extraction6.6.3 Drying Technology6.6.4 Encapsulation6.7 Pricing Analysis6.7.1 Selling Prices Charged by Key Players in Terms of Application6.8 Essential Oils Market: Patent Analysis6.8.1 List of Major Patents6.9 Trade Analysis: Essential Oil Market6.9.1 Export Scenario: Essential Oils for Citrus Fruits6.9.2 Import Scenario: Citrus Fruit Essential Oils6.9.3 Export Scenario: Essential Oils6.9.4 Import Scenario: Essential Oils6.10 Case Studies: Essential Oil Market6.10.1 Rocky Mountain Oils: Sustainable Packaging6.10.2 Doterra: Increase Operations Efficiency6.11 Key Conferences and Events, 2022-20236.12 Tariff and Regulatory Landscape6.12.1 Regulatory Bodies, Government Agencies, and Other Organizations6.13 Porter’s Five Forces Analysis6.14 Key Stakeholders and Buying Criteria7 Essential Oils Market, by Type7.1 Introduction7.2 Orange Oil7.2.1 Increased Use in Aromatherapy7.3 Peppermint Oil7.3.1 Europe and Asia-Pacific to Have Significant Impact on Market7.4 Lemon Oil7.4.1 Rise in Demand for Nutraceuticals with Natural Flavor7.5 Lavender Oil7.5.1 Improves Skin Health7.6 Lime Oil7.6.1 Effective for Skin Infection Treatments7.7 Rosemary Oil7.7.1 Increased Usage in Healthcare Products due to Antioxidant Properties7.8 Cornmint Oil7.8.1 Powerful Antibacterial and Antiseptic Oil7.9 Spearmint Oil7.9.1 Extensively Used in Food & Beverage Industry as Flavoring Ingredient7.10 Geranium Oil7.10.1 Primary Floral Component in Fragrance and Cosmetics7.11 Clove Leaf Oil7.11.1 Used for Oral Health due to Germicidal Properties7.12 Rose Oil7.12.1 Widely Used in Aromatherapy7.13 Coriander Oil7.13.1 Use in Seasonings due to Flavoring Properties7.14 Tea Tree Oil7.14.1 Therapeutic Benefits to Increase Demand in Skincare and Cosmetics Industry7.15 Citronella Oil7.15.1 Large-Scale Use in Aromatherapy to Treat Migraine and Headaches7.16 Eucalyptus Oil7.16.1 High Demand in Dental Care due to Germicidal Properties7.17 Jasmine Oil7.17.1 Extensively Used for Health Benefits7.18 Other Types8 Essential Oils Market, by Method of Extraction8.1 Introduction8.2 Distillation8.2.1 Steam Distillation Method Used Extensively to Obtain Essential Oils Economically8.3 Cold Press Extraction8.3.1 Citrus Fruits Extracted Via Cold Press8.4 Carbon Dioxide Extraction8.4.1 Aroma and Bioactive Components of Essential Oils Effectively Retained8.5 Other Extractions9 Essential Oils Market, by Source9.1 Introduction9.2 Fruits & Vegetables9.2.1 Cold Press Method Preferred for Essential Oil Extraction from Fruits and Vegetable9.3 Flowers9.3.1 Essential Oils Represent an Upstream Business Opportunity for Floriculture Market9.4 Herbs & Spices9.4.1 Herb-Derived Essential Oils as Natural Replacers of Compounds of Synthetic Origin10 Essential Oils Market, by Application10.1 Introduction10.2 Food & Beverages10.2.1 Extensive Use of Citrus Essential Oils in Food & Beverage Industry10.3 Cosmetics & Toiletries10.3.1 Extensive Use of Essential Oils due to Fragrance and Functional Properties10.4 Aromatherapy10.4.1 Therapeutic Potential of Essential Oils10.5 Homecare10.5.1 Demand for Natural Ingredients to Boost Demand10.6 Healthcare10.6.1 Mental Well-Being to Drive Healthcare Industry10.7 Other Applications11 Essential Oils Market, by Region12 Competitive Landscape12.1 Overview12.2 Market Share Analysis, 202112.3 Segmental Revenue Analysis of Key Players12.4 Key Player Strategies12.5 Company Evaluation Quadrant (Key Players)12.5.1 Stars12.5.2 Emerging Leaders12.5.3 Pervasive Players12.5.4 Participants12.5.5 Product Footprint12.6 Essential Oils Market, Evaluation Quadrant for Start-Ups/Smes, 202112.6.1 Progressive Companies12.6.2 Starting Blocks12.6.3 Responsive Companies12.6.4 Dynamic Companies12.6.5 Competitive Benchmarking of Key Start-Ups/Smes12.7 Competitive Scenario12.7.1 New Product Launches12.7.2 Deals12.7.3 Others13 Company Profiles13.1 Introduction13.2 Key Player13.2.1 Dsm13.2.2 Givaudan13.2.3 International Flavors & Fragrances Inc. (Iff)13.2.4 Sensient Technologies Corporation13.2.5 Cargill, Incorporated13.2.6 Symrise13.2.7 Robertet, Sa13.2.8 Mane13.2.9 Doterra13.2.10 Now Foods13.2.11 Synthite Industries Ltd.13.2.12 Lebermuth, Inc.13.2.13 Biolandes13.2.14 Norex Flavours Private Limited13.2.15 India Essential Oils13.3 Other Players (Smes/Start-Ups)13.3.1 Falcon13.3.2 Farotti S.R.L.13.3.3 Vidya Herbs13.3.4 Young Living Essential Oils, Lc.13.3.5 Essential Oils of New Zealand Ltd.13.3.6 Veda Oils13.3.7 Hcp Wellness13.3.8 Vital Herbs13.3.9 Cv Rasayana Wangi13.3.10 Alchemy Chemicals14 Adjacent & Related Markets15 AppendixFor extra details about this report go to https://www.researchandmarkets.com/r/zsul0Media Contact:Research and MarketsLaura Wood, Senior [email protected] For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (exterior U.S.): +353-1-481-1716Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpgCisionView authentic content material:https://www.prnewswire.com/news-releases/worldwide-essential-oils-industry-to-2027—increase-in-demand-for-aromatherapy-drives-growth-301724329.htmlSOURCE Research and Markets

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