Essential Oils Market Report, Size, Trends, Segment & Forecast 2027

The Essential Oils Market is predicted to grow at a CAGR of around 9% during the forecast period 2021-2027

A comprehensive overview of the Essential Oils Market is recently added by UnivDatos to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the essential oils market. The report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the essential oils market at the regional levels.

Market Overview 

The global essential oils market is expected to witness robust growth mainly due to the increase in demand for aromatherapy, the growing uses of

essential oils in food & beverage, and cosmetic products, and the usage of essential oils in various applications

such as flavor & fragrance, aromatherapies, and others.  In the pharmaceutical industry, essential oils are extensively used in capsules and tablets. The functional properties of ethereal oils make them crucial

ingredients in the pharmaceutical industry for the production of capsules and

tablets. 

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Essential Oils

Market report is studied

thoroughly with several aspects that would help stakeholders in making their

decisions more curated.  

By Type, the market is primarily categorized into:   

Orange 

Eucalyptus 

Lavender    

Peppermint  

Citronella  

Lemon    

Tea Tree   

Clove  

Spearmint   

Others 

In 2020, orange oil accounted for a significant share of the global

essential oils market. The growth of this segment can be attributed to the

availability of orange essential oil, antimicrobial activity, pain relief, and anti-cancer

properties. According to the National Center for Biotechnology Information of

India, d-Limonene, the most abundant constituent of navel orange essential oil,

has been shown to have anti-proliferative and apoptosis-inducing effects, thus

it has been used as a chemopreventive and

chemotherapeutic agent against multiple types of tumors.  

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By Method of Extraction, the market is

primarily studied into:       

Distillation 

Carbon Dioxide Extraction 

Cold Press Extraction 

Solvent Extraction 

Other Extraction Methods 

Among these,

the distillation segment held a prominent share in 2020 and will continue to

grow at a steady rate during the forecast period. The efficiency of the

distillation method is expected to drive the growth of this segment.

Distillation, or classical distillation, is the process of separating the

components or substances from a liquid mixture by using selective boiling and

condensation. To separate a mixture of liquids, the mixture can be heated to

force components, which have different boiling points, into the gas phase. The

gas is then condensed back into liquid form and collected.  

Essential Oils Market Region Segmentation Includes: 

North America (US, Canada, Rest of North America) 

Europe (Germany, UK, France, Italy, Rest of Europe) 

Asia-Pacific (China, India, Japan, South Korea, Rest

of Asia-Pacific) 

and Rest of World 

In 2020, Europe accounted for a significant amount of shares in the global essential oils market and it is

expected to grow at a substantial growth rate in 2020. This is attributed to the presence of developed end-use

industries and rising awareness about the benefits of essential oils amongst

consumers. The presence of organizations such as the European Federation of

Essential Oils (EFEO) has benefitted the industry growth in Europe. According to EFEO, its aim is to represent producers and

traders of essential oils and related products within Europe. It protects and

promotes their interest and acts in defense of these products at relevant

national, European, and international levels. 

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The major players targeting the market include:   

Cargill Inc. 

Firmenich SA 

Rocky Mountain Oils LLC 

Young Living Essential Oils LC. 

Sydney Essential Oil Company 

Essential Oils Of New Zealand Ltd. 

Robertet SA 

The Lebermuth Company Inc. 

Givaudan SA 

West India Spices Inc. 

Competitive Landscape 

The degree of

competition among prominent companies has been elaborated by analyzing several

leading key players operating in the global

context. The specialist team of research analysts sheds light on various traits

such as global market competition, market share, most recent industry

advancements, innovative product launches, partnerships, mergers, or

acquisitions by leading companies in the essential oils market. The major players

have been analyzed using different research methodologies for getting insight

views on market competition. 

Key questions resolved through this analytical market

research report include: 

What are the latest trends, new patterns, and advancements in the essential oils market? 

Which factors are influencing the essential oils market over the forecast period? 

Which factors are propelling and restraining the essential oils market? 

What are the demanding regions of the essential oils globally? 

What will be the market size in the upcoming

What are the crucial market acquisition strategies and policies applied

by the companies? 

We understand

the requirement of different

businesses, regions, and countries, we offer customized reports as per your

requirements of business nature. Please let us know If you have any custom

needs.  

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About

UnivDatos is a

passionate market research firm and a subsidiary of Universal Data Solutions.

We believe in delivering insights through Market Intelligence Reports,

Customized Business Research, and Primary Research. Our research studies are

spread across topics across the world, we cover markets in over 100 countries using smart research

techniques and agile methodologies. We offer in-depth studies, detailed

analysis, and customized reports that help shape winning business strategies for

our clients. 

 

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