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Essential Oil Market by Product (Orange, Eucalyptus, Corn Mint, Peppermint, Citronella, Lemon, Lime, Clover Leaf, Spearmint, and Others), and Application (Food & Beverages, Medical, Cleaning & Home, Spa & Relaxation, and Others) - Global Opportunity Analysis and Industry Forecast, 2015-2022

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FO_161412
Pages: 120
Jun 2016 | 15675 Views
 
Author's : Preksha Verma
Tables: 46
Charts: 83
 

Essential oil market Overview : 

Essential Oil Market is expected to reach $11.19 billion by 2022, with a CAGR of 8.7% from 2016 to 2022. Essential oils, also known as volatile oils/aetherolea/ethereal oils, are derived from leaves, stems, flowers, bark, roots, or other parts of a plant. Essential oil is obtained from various herbs and plants, such as orange, eucalyptus, corn mint, peppermint, citronella, lemon, lime clover leaf, and spearmint, using distillation methods such as steam and water distillation. An essential oil contains volatile aroma compounds and real essence of the plant from which it is derived. Essential oils are primarily used in cosmetics & toiletries, food items and beverages.

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The major factor boosting the market growth is the increasing consumer preference for natural and organic products be it cosmetics, food or similar other product categories. This in turn, has led the manufacturers operating in such industries to develop products that contain natural additives. Thus, the growing usage of essential oils among the aforementioned industries, coupled with factors which include increasing disposable income and improved standards of living in emerging economies, supplement the market growth. The factors restricting the market growth are high price of essential oils, availability of synthetic substitutes, and limited availability of raw materials. Government support and favorable regulations are likely to offer lucrative opportunities for market growth. The leading essential oil market players, such as doTERRA International and Moksha Lifestyle Products, develop a wide variety of essential oils, such as ginger oil, basil seeds oil, and others, to cater to the increasing demands of essential oils in varied industries.

The essential oil market is segmented on the basis of product type, application, and geography. The product segment is further classified as orange, eucalyptus, corn mint, peppermint, citronella, lime, lemon, clover leaf, spearmint, and others. Orange oil segment accounted for the maximum revenue share in 2015 and is likely to consolidate its position during the forecast period, owing to its anti-inflammatory, antidepressant, and antispasmodic product characteristics. In addition, the food and flavor industry majorly uses orange oil due to its fresh smell and juicy flavor. Based on application, the essential oil market is classified as food & beverages, medical, cleaning & home, spa & relaxation, and others. Spa & relaxation is estimated be the fastest growing application segment, closely followed by  applications  Food & beverages. Other applications, such as health & wellness, cleaning products where essential oil serves as sweet-smelling mixes, and healthy substitutes for synthetic drugs are anticipated to witness sustainable development in future. Based on geography, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA.

The prominent players analyzed in this report include dTERRA International, Biolandes, Sydney Essential Oils Co. Pty Ltd, Young Living Essential Oils, Farotti SRL, The Lebermuth Company, Essential Oils of New Zealand, H.Reynaude & Fils, Moksha Lifestyle Products, and West India Species, Inc.

ESSENTIAL OIL MARKET KEY BENEFITS

  • This report provides an in-depth analysis of the world essential oil market to elucidate the potential investment pockets.
  • The current trends and future scenarios are outlined to determine the overall market potential and single out profitable trends to gain a stronger foothold in the essential oil market.
  • This report provides information regarding key drivers, restraints, and opportunities with their detailed impact analysis.
  • Quantitative analyses of the current market and future estimations for 2016 - 2022 are provided to indicate the present and future market lucrativeness.
  • Porter’s Five Forces Model and SWOT analysis of the industry illustrate the potency of the buyers and suppliers.
  • Value chain analysis provides a clear understanding on the roles of the stakeholders involved.

ESSENTIAL OIL MARKET SEGMENTATION

By Product

  • Orange
  • Eucalyptus
  • Corn mint
  • Peppermint
  • Citronella
  • Lemon
  • Lime
  • Clover Leaf
  • Spearmint
  • Others (Cederwood, Lavandin, Litsea Cubeba & Lemongrass Oil, Coriander, Basil, Mandarine, Patchouli, Tea Tree Oil)

By Application

  • Food & Beverages
  • Medical
  • Cleaning & Home
  • Spa & Relaxation
  • Others (Cosmetics, Paint, Petroleum, Textile, Paper & Printing, Perfumes & Fragrances, and Dental Preparation Industries)

By Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Rest of APAC
  • LAMEA
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA

Key Players

  • doTERRA International
  • Biolandes
  • Sydney Essential Oils Co. Pty Ltd
  • Young Living Essential Oils
  • Farotti S.R.L
  • The Lebermuth Company, Inc
  • Essential Oils of New Zealand Ltd
  • H.Reynaude & Fils
  • Moksha Lifestyle Products
  • West India Species, Inc.
 

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO Perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top Impacting Factors
3.2.2 Top Winning Strategies
3.2.3 Top Investment Pockets

3.3 Value Chain Analysis
3.4 Porters Five Forces Analysis

3.4.1 Low Switching Cost and High Demand for Raw Material Leads to Moderate Bargaining Power Of Suppliers
3.4.2 Large Number of Manufacturers Lead to High Bargaining Power of Buyers
3.4.3 Presence of Chemicals That Can Be Used In Flavoring and Cosmetics Industry Leads to Moderate Threat of Substitutes
3.4.4 Presence of Big Market Players, Stringent Government Regulations and High Capital Cost Lowers the Threat of New Entrants
3.4.5 Low Switching Cost and High Fixed Cost Increases Rivalry in the Market

3.5 Market Player Positioning, 2015
3.6 Drivers

3.6.1 Increasing Popularity of Aromatherapy
3.6.2 Growing Preference for Natural Ingredient
3.6.3 Lifestyle Changes
3.6.4 Emerging Applications for Pharmaceutical Industry

3.7 Restraints

3.7.1 High Price
3.7.2 Lack of Awareness

3.8 Opportunity

3.8.1 Favorable Government Regulations

Chapter: 4 WORLD ESSENTIAL OIL MARKET, BY PRODUCT

4.1 Introduction

4.1.1 Market Size and Forecast

4.2 Orange

4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market Size and Forecast

4.3 Eucalyptus

4.3.1 Key Market Trends
4.3.2 Key Growth Factors and Opportunities
4.3.3 Market Size and Forecast

4.4 Corn Mint

4.4.1 Key Market Trends
4.4.2 Key Growth Factors and Opportunities
4.4.3 Market Size and Forecast

4.5 Peppermint

4.5.1 Key Market Trends
4.5.2 Key Growth Factors and Opportunities
4.5.3 Market Size and Forecast

4.6 Citronella

4.6.1 Key Market Trends
4.6.2 Key Growth Factors and Opportunities
4.6.3 Market Size and Forecast

4.7 Lemon

4.7.1 Key Market Trends
4.7.2 Key Growth Factors and Opportunities
4.7.3 Market Size and Forecast

4.8 Lime

4.8.1 Key Market Trends
4.8.2 Key Growth Factors and Opportunities
4.8.3 Market Size and Forecast

4.9 Clover Leaf

4.9.1 Key Market Trends
4.9.2 Key Growth Factors and Opportunities
4.9.3 Market Size and Forecast

4.10 Spearmint

4.10.1 Key Market Trends
4.10.2 Key Growth Factors and Opportunities
4.10.3 Market Size and Forecast

4.11 Others

4.11.1 Key Market Trends
4.11.2 Key Growth Factors and Opportunities
4.11.3 Market Size and Forecast

4.11.3.1 Cederwood Oil
4.11.3.2 Lavandin Oil
4.11.3.3 Litsea Cubeba & Lemongrass Oils
4.11.3.4 Coriander Oil
4.11.3.5 Basil Oil
4.11.3.6 Mandarine Oil
4.11.3.7 Patchouli Oil
4.11.3.8 Tea Tree Oil

Chapter: 5 WORLD ESSENTIAL OIL MARKET, BY APPLICATION

5.1 Introduction

5.1.1 Market Size and Forecast

5.2 Food & Beverages

5.2.1 Key Market Trends
5.2.2 Key Growth Factors and Opportunities
5.2.3 Market Size and Forecast

5.3 Medical

5.3.1 Key Market Trends
5.3.2 Key Growth Factors and Opportunities
5.3.3 Market Size and Forecast

5.4 Cleaning & Home

5.4.1 Key Market Trends
5.4.2 Key Growth Factors and Opportunities
5.4.3 Market Size and Forecast

5.5 Spa & Relaxation

5.5.1 Key Market Trends
5.5.2 Key Growth Factors and Opportunities
5.5.3 Market Size and Forecast

5.6 Others

5.6.1 Key Market Trends
5.6.2 Key Growth Factors and Opportunities
5.6.3 Market Size and Forecast

5.6.3.1 Paint
5.6.3.2 Petroleum
5.6.3.3 Textile
5.6.3.4 Paper & printing
5.6.3.5 Adhesive
5.6.3.6 Tobacco
5.6.3.7 Dental preparation Industries

Chapter: 6 WORLD ESSENTIAL OIL MARKET, BY GEOGRAPHY

6.1 Introduction

6.1.1 Market Size and Forecast

6.2 North America

6.2.1 Key Market Trends
6.2.2 Key Growth Factors and Opportunities
6.2.3 Market Size and Forecast

6.2.3.1 U.S.
6.2.3.2 Rest of North America

6.3 Europe

6.3.1 Key Market Trends
6.3.2 Key Growth Factors and Opportunities
6.3.3 Market Size and Forecast

6.3.3.1 UK
6.3.3.2 Germany
6.3.3.3 France
6.3.3.4 Rest of Europe

6.4 Asia-Pacific

6.4.1 Key Market Trends
6.4.2 Key Growth Factors and Opportunities
6.4.3 Market Size and Forecast

6.4.3.1 Japan
6.4.3.2 China
6.4.3.3 India
6.4.3.4 Rest of Asia-Pacific

6.5 LAMEA

6.5.1 Key Market Trends
6.5.2 Key Growth Factors and Opportunities
6.5.3 Market Size and Forecast

6.5.3.1 Brazil
6.5.3.2 South Africa
6.5.3.3 UAE
6.5.3.4 Rest of LAMEA

Chapter: 7 COMPANY PROFILE

7.1 doTerra International

7.1.1 Company Overview
7.1.2 Operating Business Segments
7.1.3 Strategy Move and Development
7.1.4 SWOT Analysis

7.2 Biolandes

7.2.1 Company Overview
7.2.2 Operating Business Segments
7.2.3 SWOT Analysis

7.3 Sydney Essential Oils Co. Pty Ltd

7.3.1 Company Overview
7.3.2 Operating Business Segments
7.3.3 Strategy Move and Development
7.3.4 SWOT Analysis.

7.4 Young Living Essential Oils

7.4.1 Company Overview
7.4.2 Operating Business Segments
7.4.3 Strategy Move and Development
7.4.4 SWOT Analysis

7.5 The Lebermuth Company, Inc.

7.5.1 Company Overview
7.5.2 Operating Business Segments
7.5.3 Strategy Move and Development
7.5.4 SWOT Analysis

7.6 Moksha Lifestyle Products

7.6.1 Company Overview
7.6.2 Operating Business Segments
7.6.3 SWOT Analysis

7.7 Essential Oils of New Zealand Ltd.

7.7.1 Company Overview
7.7.2 Operating Business Segments
7.7.3 SWOT Analysis

7.8 Farotti S.R.L.

7.8.1 Company Overview
7.8.2 Operating Business Segments
7.8.3 SWOT Analysis

7.9 H.Reynaude & Fils

7.9.1 Company Overview
7.9.2 Operating Business Segments
7.9.3 SWOT Analysis

7.10 West India Spices Inc.

7.10.1 Company Overview
7.10.2 Operating Business Segments
7.10.3 SWOT Analysis

List of Tables

TABLE 1 WORLD ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 2 WORLD ESSENTIAL OIL MARKET BY PRODUCT TYPE, 2015-2022 ($MILLION)
TABLE 3 ORANGE ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 4 EUCALYPTUS ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5 CORNMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 6 PEPPERMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 7 CITRONELLA ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 8 LEMON ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9 LIME ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022($MILLION)
TABLE 10 CLOVER LEAF ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 11 SPEARMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 12 OTHER ESSENTIAL OILS MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 13 WORLD ESSENTIAL OIL MARKET BY APPLICATION, 2015-2022 ($MILLION)
TABLE 14 FOOD AND BEVERGAE ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 15 MEDICAL ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 16 CLEANING AND HOME ESSENTIAL OIL BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 17 SPA & RELAXATION ESSENTIAL OIL BY GEOGRAPHY, 2015-2022($MILLION)
TABLE 18 OTHER (PAINT, PETROLEUM, TEXTILE, PAPER AND PRINTING, COSMETICS, DENTAL PREPERATION INDUSTRY, ADDHESIVES, PERFUMES AND FRAGRANCE) ESSENTIAL OIL BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 19 NORTH AMERICA ESSENTIAL OIL MARKET BY APPLICATION, 2015-2022 ($MILLION)
TABLE 20 NORTH AMERICA ESSENTIAL OIL MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 21 EUROPE ESSENTIAL OIL MARKET BY APPLICATION, 2015-2022 ($MILLION)
TABLE 22 EUROPE ESSENTIAL OIL MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 23 ASIA-PACIFIC ESSENTIAL OIL MARKET BY APPLICATION, 2015-2022 ($MILLION)
TABLE 24 ASIA-PACIFIC ESSENTIAL OIL MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 25 LAMEA ESSENTIAL OIL MARKET BY APPLIACTION, 2015-2022 ($MILLION)
TABLE 26 LAMEA ESSENTIAL OIL MARKET BY COUNTRY, 2015-2022 ($MILLION)
TABLE 27 SNAPSHOT OF DOTERRA INTERNATIONAL
TABLE 28 DOTERRA INTERNATIONAL- OPERATING SEGMENTS
TABLE 29 SNAPSHOT OF BIOLANDES
TABLE 30 BIOLANDES- OPERATING SEGMENTS
TABLE 31 SNAPSHOT OF SYDNEY ESSENTIAL OIL CO.
TABLE 32 SYDNEY ESSENTIAL OIL CO. - OPERATING SEGMENTS
TABLE 33 SNAPSHOT OF YOUNG LIVING ESSENTIAL OILS
TABLE 34 YOUNG LIVING ESSENTIAL OILS- OPERATING SEGMENTS
TABLE 35 SNAPSHOT OF THE LEBERMUTH COMPANY, INC
TABLE 36 THE LEBERMUTH COMPANY INC- OPERATING SEGMENTS
TABLE 37 SNAPSHOT OF MOKSHA LIFESTYLE PRODUCTS
TABLE 38 MOKSHA LIFESTYLE PRODUCTS- OPERATING SEGMENTS
TABLE 39 SNAPSHOT OF ESSENTIAL OILS OF NEW ZEALAND LTD.
TABLE 40 ESSENTIAL OILS OF NEW ZEALAND- OPERATING SEGMENTS
TABLE 41 SNAPSHOT OF FAROTTI ESSENZ SRL
TABLE 42 FAROTTI ESSENZ SRL- OPERATING SEGMENTS
TABLE 43 SNAPSHOT OF H.REYNAUDE & FILS
TABLE 44 H.REYNAUDE & FILS- OPERATING SEGMENTS
TABLE 45 SNAPSHOT OF WEST INDIA SPICES INC.
TABLE 46 WEST INDIA SPICES INC- OPERATING SEGMENTS

List of Figures

FIGURE 1 TOP IMPACTING FACTORS
FIGURE 2 TOP WINNING STRATEGIES IN ESSENTIAL OIL MARKET
FIGURE 3 TOP WINNING STRATEGY ANALYSIS (% COMPARISON)
FIGURE 4 TOP INVESTMENT POCKETS
FIGURE 5 VALUE CHAIN ANALYSIS OF ESSENTIAL OIL
FIGURE 6 PORTERS FIVE FORCES ANALYSIS
FIGURE 7 MOST UTILIZED ESSENTIAL OIL AND THEIR MAJOR PRODUCERS
FIGURE 8 WORD ESSENTIAL OIL MARKET BY PRODUCT TYPE, 2015 & 2022 (% SHARE)
FIGURE 9 CLASSIFICATION OF ESSENTIAL OIL
FIGURE 10 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF ORANGE ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 11 WORLD ORANGE ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 12 WORLD ORANGE ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 13 IMPORTS OF ORANGE ESSENTIAL OIL
FIGURE 14 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF EUCALYPTUS ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 15 WORLD EUCALYPTUS ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 16 WORLD EUCALYPTUS ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 17 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF CORNMINT ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 18 WORLD CORNMINT ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 19 WORLD CORNMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 20 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF PEPPERMINT ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 21 WORLD PEPPERMINT ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 22 WORLD PEPPERMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 23 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF CITRONELLA ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 24 WORLD CITRONELLA ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 25 WORLD CITRONELLA ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 26 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF LEMON ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 27 WORLD LEMON ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 28 WORLD LEMON ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 29 IMPORTS OF LEMON ESSENTIAL OIL
FIGURE 30 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF LIME ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 31 WORLD LIME ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 32 WORLD LIME ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 33 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF CLOVER LEAF ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 34 WORLD CLOVER LEAF ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 35 WORLD CLOVER LEAF ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 36 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF SPEARMINT ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 37 WORLD SPEARMINT ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 38 WORLD SPEARMINT ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 39 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF OTHER ESSENTIAL OILS MARKET, 2015 & 2022 (%)
FIGURE 40 WORLD OTHER ESSENTIAL OILS MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 41 WORLD OTHERS ESSENTIAL OILS MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 42 APPLICATIONS OF ESSENTIAL OIL
FIGURE 43 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF FOOD & BEVERAGE SECTOR IN ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 44 WORLD FOOD & BEVERAGE ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 45 WORLD FOOD & BEVERAGE ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 46 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF MEDICAL SECTOR IN ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 47 WORLD MEDICAL ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 48 WORLD MEDICAL ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 49 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF CLEANING & HOME SECTOR IN ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 50 WORLD HOME & CLEANING ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 51 WORLD HOME & CLEANING ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 52 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF SPA & RELAXATION SECTOR IN ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 53 WORLD SPA & RELAXATION ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 54 WORLD SPA & RELAXATION ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 55 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF OTHERS SECTOR IN ESSENTIAL OIL MARKET, 2015 & 2022 (%)
FIGURE 56 WORLD OTHER SECTOR ESSENTIAL OIL MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 57 WORLD OTHER SECTOR ESSENTIAL OIL MARKET BY GEOGRAPHY, 2015-2022 (%)
FIGURE 58 UNITED STATES ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 59 REST OF NORTH AMERICA ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 60 MEXICO- IMPORTS OF ESSENTIAL OILS
FIGURE 61 UNITED KINGDOM ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 62 GERMANY ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 63 FRANCE ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 64 REST OF EUROPE ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 65 CHINA ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 66 JAPAN ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 67 INDIA ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 68 REST OF ASIA-PACIFIC ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 69 INDIA- EXPORTS OF ESSENTIAL OILS
FIGURE 70 BRAZIL ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 71 SOUTH AFRICA ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 72 UAE ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 73 REST OF LAMEA ESSENTIAL OIL MARKET, 2015-2022 ($MILLION)
FIGURE 74 SWOT ANALYSIS OF DOTERRA INTERNATIONAL
FIGURE 75 SWOT ANALYSIS OF BIOLANDES
FIGURE 76 SWOT ANALYSIS OF SYDNEY ESSENTIAL OIL CO.
FIGURE 77 SWOT ANALYSIS OF YOUNG LIVING ESSENTIAL OILS
FIGURE 78 SWOT ANALYSIS OF THE LEBERMUTH COMPANY, INC
FIGURE 79 SWOT ANALYSIS OF MOKSHA LIFESTYLE PRODUCTS
FIGURE 80 SWOT ANALYSIS OF ESSENTIAL OILS OF NEW ZEALAND LTD.
FIGURE 81 SWOT ANALYSIS OF FAROTTI SRL
FIGURE 82 SWOT ANALYSIS OF H.REYNAUDE & FILS
FIGURE 83 SWOT ANALYSIS OF WEST INDIA SPICES INC.

 

An essential oil is a highly concentrated, hydrophobic, fragrant liquid extracted from the leaves, stems, flowers, roots, seeds, or other elements of a plant. Essential oils are obtained through distillation methods such as steam and water distillation of various herbs and plants, including orange, eucalyptus, corn mint, peppermint, citronella, lemon, lime, clover leaf, and spearmint among others.

Essential oils are gaining significant acceptance from different users which include food & beverage industry owing to increasing demand for natural flavoring ingredient, spa & aroma therapists, and pharmaceutical industry among others. Increasing awareness regarding health benefits of essential oils, growing demand for aromatic fragrance and flavors in cosmetics, food products and spa & relaxation applications are further driving the adoption of essential oils, worldwide.

In the current market scenario, Europe leads the essential oil market, closely followed by North America. From a growth perspective, Asia-Pacific and LAMEA are anticipated to be the lucrative regions. The growth in these regions is likely to be driven by the burgeoning spa & aromatherapy sector, technological advancements in distillation process and innovative product launches, coupled with increasing per capita income.

A wide range of products are available in essential oils market, manufactured to serve particular requirements of specific industries. For instance, orange essential oil is most popular in Europe for its usage in the flavor industry as its tangy and citrus fragrance lends a refreshing taste to the food items.

dōTERRA International, Biolandes, and The Lebermuth Company are among the top companies in the essential oil market. These companies have established a strong global foothold while introducing varieties of essential oils such as lavender, tea tree lemon, and others.

 

 

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