Essential Oils Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

Essential oils have its existence around the globe for centuries as a healing agent and for various application due to its aroma and flavor properties. The use of essential oil dated since 4500 B.C.E., by the Egyptians for medicinal uses and beauty products. Since then the essentials oils have been known to mankind as a healing agent and as a beauty product due to its aroma. Wide range of essential oils are present in the market which are used in various end-user industries including food, cosmetic and personal care products, pharmaceutical and household cleaning products among others. Essential oils are added to food items and beverages due to its aroma and flavor, it is used in the cosmetic and personal care products and pharmaceutical industry due to its medicinal properties, used in household cleaning products due to its aromatic properties. The household cleaning products which make use of essential oils are air fresheners, mosquito repellents and furniture cleaning products among others. Other uses of essential oils are into making scented candles, and scented gif items among others. Hence, high demand is reported for essential oils in the market.

The various types of essential oils used in wide range of end-user industries are orange, citronella, corn mint, eucalyptus, lemon, clove leaf and others. Among these, orange oil is used on a large scale due to its medicinal and aromatic properties in a wide range of end-user industries. Corn mint accounted as the second-largest product segment of global essential oils market in 2020 and is anticipated to increase in the near future. Other essential oils are also projected to boost high growth of global essential oils market in the near future.

Essential oils market is expected to reach over US$ 15.51 Bn by 2029, growing at a CAGR of more than 8.8% during the forecast period 2021-2029.

Purpose of the Report

The purpose of this strategic research study titled “Global Essential oils Market - Growth, Share Opportunities, and Competitive Analysis, 2021 - 2029” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global essential oils market.

Target Audience

• Industry Investors
• Essential Oils Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global Essential oils Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 - 2029” offers strategic insights into the global essential oils market along with the market size and estimates for the duration 2021 to 2029. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision-makers, the report also includes competitive profiling of the leading essential oils vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within the essential oils industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2019 - 2020)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global essential oils market, of growth, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above-mentioned factors.


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