Book Description
Essential Oil Market was valued at USD 11.26 Billion in 2022, and it is expected to reach USD 21 Billion by 2029, exhibiting a CAGR of 9.31 % during the forecast period (2023-2029)
This comprehensive market study delves into current and emerging trends within the Essential Oil industry, offering an in-depth analysis from 2021 to 2029. The report extensively forecasts major market segments, scrutinizing key product positions and competitors. A thorough understanding of the competitive landscape is achieved through profiling key players and evaluating their strategies.
Market Scope:
The analysis provides an up-to-date examination of the present Essential Oil market landscape, encompassing recent trends, drivers, and an overview of the entire market environment. Growing demand for Essential Oil is a primary driver for market expansion. The research explores technology, end-user, and type categories, along with a geographical landscape analysis.
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Drivers:
The market research report presents comprehensive quantitative insights, offering a clear perspective on the global market potential across various categories, including country-by-country analyses. The study investigates major influencing factors and provides complete company profiles for key players.
Segmentation:
The report explores individual market influencing variables and changes in market laws impacting current and future trends. Downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies contribute to anticipating market scenarios for various industries.
by Type
- 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
by Method of Extraction
- Distillation
- Carbon dioxide extraction
- Cold press extraction
- Solvent extraction
- Others
by Application
- Food & beverage
- Cosmetics & toiletries
- Aromatherapy
- Home care
- Health care
- Others
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Key Players:
- West India Species, Inc.
- Biolandes
- Sydney Essential Oils Co. Pty Ltd.
- doTERRA International
- Farotti SR
- Lebermuth
- Rocky Mountain Essential Oils
- Young Living Essential Oils
- Moksha Lifestyle Products
- India Essential Oil
- Ungerer Limited
- Falcon
- Essential Oils of New Zealand
- Flavex Naturextrakte GmbH
- H.Reynaude & Fils
- Moksha Lifestyle Products
- Cargill, Inc.
- DuPont
- Koninklijke DSM N.V.
- Givaudan SA
- Symrise
- Sensient Technologies Corporation
- ROBERTET SA
Regional Analysis:
The regional segment includes variables such as individual market influencers, changes in market laws, and their impact on present and future trends. Data points like downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies are considered. The presence and availability of global players, along with obstacles faced due to competition from local brands, are factored in when analyzing projection data for the region.
COVID-19 Impact Analysis on Essential Oil Market:
The COVID-19 pandemic significantly affected the global Essential Oil industry, resulting in halted production facilities and a workforce shortage. The pandemic caused a substantial and prolonged decline in production utilization, with travel restrictions and facility closures keeping personnel away. However, the negative impact is expected to be temporary, and the sector is anticipated to recover by early 2021 due to increased Essential Oil demand.
Key Questions Answered:
Which segment dominated the Essential Oil market share?
What was the competitive scenario in the Essential Oil market in 2029?
What are the key factors fueling Essential Oil market growth?
Which region held the largest share in the Essential Oil market in 2029?
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