Press release
Essential Oils Market Report 2023, Size, Share, Growth, Trends and Forecast 2028
Report Highlights
How big is the essential oils market?
The global essential oils market size reached US$ 11.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.8 Billion by 2028, exhibiting a growth rate (CAGR) of 8.7% during 2023-2028.
What is essential oils?
Essential oils represent aromatic liquids that are generally obtained from the fruits, seeds, roots, stems, leaves, wood, barks, and flowers of a single plant species by using the expression, steam distillation, and carbon dioxide extraction. They have characteristic fragrances and are widely utilized in the manufacturing of soaps, perfumes, shampoos, cleaning gels, etc. Essential oils also exhibit several therapeutic properties. Consequently, they are commonly used in medications for aromatherapy or as carriers for drug delivery. In line with this, essential oils find extensive applications to improve the sensory properties of agricultural items, including animal feeds and food commodities
Request for a free sample copy of this report: https://www.imarcgroup.com/essential-oils-market/requestsample
What are the growth prospects and trends in the essential oils industry?
The growing number of individuals who are diagnosed with respiratory, dermatological, and dental disorders is primarily driving the essential oils market. Additionally, the widespread adoption of these liquids in various forms, such as decongestants, expectorants, carminative and antibacterial agents, etc., to treat bronchitis and cough is further catalyzing the market growth. Besides this, the inflating popularity of essential oils as natural additives in the conservation and preservation of food products, such as confections, candies, meat, pickles, soft drinks, etc., is acting as another significant growth-inducing factor. Moreover, they include the synthesis of repellents and edible film coatings and as odorants in detergents and paints, which is positively influencing the global market. Apart from this, the rising utilization of essential oils for promoting the safety and quality of seafood, cereal-based items, minimally processed fruit and vegetables, etc., is also propelling the market growth. Furthermore, the introduction of active packaging systems to protect food products from microbial contamination and the escalating demand for extended shelf-life and minimal addition of preservatives are anticipated to fuel the essential oils market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
Cedarwood Oil
Eucalyptus Oil
Lavender Oil
Lemongrass Oil
Rosemary Oil
Tea Tree Oil
Ylang Ylang Oil
Others
Breakup by Application:
Medical
Pharmaceutical
Nutraceuticals
Food and Beverages
Bakery and Confectionery
Beverages
Meat, Poultry and Seafood
Others
Spa and Relaxation
Aromatherapy
Personal Care
Cosmetics
Toiletries
Others
Cleaning and Home
Kitchen Cleaners
Floor Cleaners
Bathroom Cleaner
Others
Others
Breakup by Sales Channel:
Offline Stores
Online Stores
Breakup by Geography:
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Biolandes
doTerra
Essential Oils of New Zealand Ltd.
Falcon Essential Oils
Farotti S.R.L.
FLAVEX Naturextrakte GmbH
Reynaud & Fils
India Essential Oils
Moksha Lifestyle Products
Rocky Mountain Oils LLC
Sydney Essential Oil Co. (SEOC)
The Lebermuth Company
Ungerer Limited
Young Living Essential Oils.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=3434&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
LinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Essential Oils Market Report 2023, Size, Share, Growth, Trends and Forecast 2028 here
News-ID: 3228687 • Views: …
More Releases from IMARC Group
Global Shrimp Market Report 2025: Size Projected USD 105.35 Billion, CAGR of 3.9 …
According to the latest report by IMARC Group, titled "Shrimp Market Size, Share, Trends and Forecast by Environment, Species, Shrimp Size, Distribution Channel, and Region, 2025-2033", offers a comprehensive analysis of the global shrimp market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
How Big is the Shrimp Market?
The global shrimp market size was valued at USD 71.87 Billion in 2024. Looking…
Global Toys Market Edition 2025: Industry Size to Reach USD 196.3 Billion by 203 …
According to the latest report by IMARC Group, titled "Toys Market Size, Share, Trends and Forecast by Product Type, Age Group, Sales Channel, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global toys market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global toys market size was valued at USD 113.94 Billion in 2024 and is…
Global Cephalosporin Market Size projected to Reach USD 24.84 Billion by 2033 | …
According to the latest report by IMARC Group, titled "Cephalosporin Market Report by Generation (First Generation, Second Generation, Third Generation, Fourth Generation, Fifth Generation), Route of Administration (Injection, Oral), Application (Respiratory Tract, Skin Infection, Ear Infection, Urinary Tract Infection, Sexually Transmitted Infection, and Others), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global cephalosporin market. The report also includes competitor and regional analysis,…
Global Packaging Machinery Market Report 2025: Size Projected USD 78.8 Billion, …
According to the latest report by IMARC Group, titled "Packaging Machinery Market Report by Machine Type (Filling Machines, FFS (Form, Fill and Seal) Machines, Cartoning Machines, Palletizing Machines, Labeling Machines, Wrapping Machines, Cleaning and Sterilizing Machines, and Others), Technology (General Packaging, Modified Atmosphere Packaging, Vacuum Packaging), End-Use (Food, Beverages, Pharmaceutical and Personal Care, Chemicals, and Others), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on…
More Releases for Oil
Hydraulic Oil Market,By Base Oil (Mineral Oil, Synthetic Oil, Semi-Synthetic Oil …
In recent years, the production capacity for hydraulic oil has increased significantly across the globe. Moreover, the Group II and III base oils are primarily gaining popularity for utilization in lubricant formulations for automatic transmission engines, heavy-duty trucks, and passenger automobiles. Therefore, these determinants are expected to for drive the development of the global hydraulic oil market in the anticipated period.
Global Hydraulic Oil Market was valued at USD 10.47 billion in 2021…
Cosmetic Oil Market Future Outlook 2023-2029, Industry Demand, Trends, Size, New …
This Cosmetic Oil Market research report is one of the best and wide-ranging, which provides market insights by considering numerous factors. Therefore, businesses can get important market insights cost-effectively with the help of the Cosmetic Oil Market research report. Such a persuasive report is the best to gain a competitive advantage in this quickly transforming marketplace. In addition, the report also provides market segmentation based on type and end-user. The…
Transformer Oil Market, Transformer Oil Market Size, Transformer Oil Market Shar …
The Transformer Oil Market research report consists of a detailed study of the market and the market dynamics that are related to the same. The in-depth data on the development of the market is presented in the Research report. Not only this but also the detailed data on the performance of the market for the forecast period are presented in the Transformer Oil Market research report. The performance analysis is…
Growing demand for corn oil as cooking oil is fuelling the Corn Oil Market
The research report "Corn Oil Market: by Product Type (High Oleic, Middle Oleic, Low Oleic), By Application (Biodiesel, Soap Making, Food Services, Pharmaceutical, Others) and Geography- Global/Region/Country Forecast to 2028." The global corn oil market size was valued at USD 4.2 Bn in the year 2021, growing at a CAGR rate of 7.2% during the evaluation time span 2022-2028.
Glance our 200 slides market research and competitive intelligence research report,…
Apricot Oil, Apricot Kernel Oil Supplier, Co2 Apricot Oil Manufacturer
The seed inside every apricot contains thin oil, which is extracted from the kernel of the seed after eating the delectable fruit. Apricot oil is also known as apricot kernel oil. This oil has been the interest of many experts for research purposes due to its infinite health benefits. It has been found that the oil could cure some serious health conditions (like cancer). Apricot oil has a profound nutty…
Global Sustainable Palm Oil Market analysis report- with Leading players, Applic …
Sustainable Palm Oil Market
The most widely used vegetable oil there is, palm oil is found in everything from snacks to household cleaners to cosmetics. Palm oil is used in many of the products on supermarket shelves, from margarine and chocolate to ice cream, soaps, cosmetics, and fuel for cars and power plants. The report presents a comprehensive overview, market shares, and growth opportunities of Sustainable Palm Oil market by product type,…
