According to the current analysis of Reports and Data, the global essential oils (EO) market was valued at USD 8.26 Billion in 2019 and is expected to reach USD 16.41 billion by the year 2027, at a CAGR of 8.7%. The global Essential Oils market report is an exhaustive analysis of the chemicals and materials industry and offers key insights into the market dynamics, drivers, restraints, current and emerging trends, and growth opportunities in the Essential Oils market. The report provides an accurate estimation of the market size in terms of value and volume. The market size and share has been estimated and validated by implementing both top-down and bottom-up approaches. The research report provides a comprehensive assessment of the top companies operating in the market to offer a clear understanding of the competitive landscape of the Essential Oils market on a global and regional scale.
Extensive primary and secondary research has been carried out to identify and screen the key players of the industry along with their market share, market reach, global position, revenue and gross profit margins, and overall company overview. The report also offers insights into the recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing and manufacturing agreements, and product launches, among others.
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Rapid adoption of digital technologies to improve efficiency and production, prioritization of environment sustainability, enhancement of global supply chain, and rising import/export of chemicals and materials have significantly contributed to the revenue growth of the market. Increasing demand for personal care and consumer products such as soaps and other materials, growing focus on the production of petrochemicals, increasing capital expenditures, and rising emphasis on decarbonization have further fueled the revenue growth of the materials and chemicals industry.
Key participants include Cargill (U.S.), E.I. du Pont de Nemours and Company (U.S.), Koninklijke DSM N.V. (Netherlands), dôTERRA International LLC. (U.S.), Young Living Essential Oils (U.S.) and Givaudan SA (Switzerland). Based in the U.S., Young Living Essential Oils is into the production of essential oils and other related products. The company offers a diverse portfolio including lavender, cardamom, basil. Clove, coriander and eucalyptus, to name a few. The products are available in blends and singles for personal care and food applications.
The report offers a key assessment of the major geographical regions in the Essential Oils market along with focus on factors such as regulatory framework, , manufacturing and product policies, cost analysis, import and export ratio, supply and demand dynamics, trends, global revenue generation, and profit margins. It also provides statistical data about market share, market size, key drivers, and CAGR for the forecast period 2017-2027.
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Global Essential Oils Market Segmentation:
Product Type (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
- Orange oil
- Lemon oil
- Lime oil
- Peppermint oil
- Cornmint oil
- Citronella oil
- Spearmint oil
- Geranium oil
- Clove leaf oil
- Eucalyptus oil
- Jasmine oil
- Tea tree oil
- Rosemary oil
- Lavender oil
- Others
Method of Extraction (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
- Distillation
- Carbon dioxide extraction
- Cold press extraction
- Solvent extraction
- Others
Application (Volume, Kilo Tons; 2017-2027 and Revenue, USD Million; 2017-2027)
- Food & beverage
- Cosmetics & toiletries
- Aromatherapy
- Home care
- Health care
- Others
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Regional Analysis covers:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Features of the Global Essential Oils Market Research Report:
- The research report offers a detailed overview of the Essential Oils market through thorough examination of key market features
- The report provides accurate estimations and forecasts for the period 2024-2027
- In-depth regional analysis and insights into the regions anticipated to show promising growth over the forecast period
- Comprehensive analysis of the competitive landscape along with their financial standing, regional reach, global position, and strategic expansion tactics undertaken by them
- Analysis of the recent developments and product advancements in the market
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