Essential Oil is a Concentrated Hydrophobic Liquid containing Aroma from Plants. They are also identified as Volatile Oils, Ethereal Oils and Aetherolea. There are different types of Extraction Techniques available in the market such as extraction by distillation or by using Steam, Solvent Extraction, Absolute Oil Extraction, Resin Tapping and Cold Pressing which is supporting the growth of Essential Oil Market. Essential Oils are mainly used in Perfumes, Soaps, Cosmetics, Air Fresheners and other Products. Along with this its application in Pharmaceutical Products is increasing due to Antibacterial, Antifungal, Antiviral and Antimicrobial characteristics of the oil. These characteristics of the oil will further drive growth of the market during forecast period 2016-2022.
Key Players in the Essential Oils Market are:
- Biolandes (France)
- Young Living (U.S.)
- Sydney Essential Oils (Australia)
- doTERRA (U.S.)
- Farotti SRL (Italy)
- The Lebermuth Company (U.S.)
- Aromatika Ukraine LLC (Ukraine)
- Moksha Lifestyle Products (India)
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Globally the Essential Oils Market is mainly driven by increasing use of various types of essential oil in personal care and beauty products. Increasing consumer preference for organic flavors in Food and Beverages is supporting growth of the market. Growing demand for natural personal care products with pleasant aroma is further driving growth of the market. The rising popularity of essential oils in aromatherapy has created a huge demand for quality essential oils which is influencing the market growth.
These factors will play a key role in the growth of essential oils market at the CAGR of 7% during 2016-2022.
- Essential oil manufacturers
- Convenience food manufacturers
- Pharmaceutical industry
- Agriculture industry
- Retailers & wholesalers
- E-commerce companies
- Traders, importers and exporters
Access the market data and market information presented through more than 60 market data tables and 25 figures spread over 110 numbers of pages of the project report “Global Essential Oils Market – Forecast to 2022”
- Orange oil is also expected to witness a high growth rate. The demand for biological pest control made from orange oil is significantly increasing in developed countries.
- Demand for pure essential oil is expected to grow at a significant rate compared to compound essential oil.
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List of Tables
TABLE 1 Pestle Analysis – U.S.
TABLE 2 Pestle Analysis- IRELAND
TABLE 3 Pestle Analysis- CHINA
TABLE 4 Pestle Analysis- JAPAN
TABLE 5 Pestle Analysis- GERMANY
List of Figures
FIGURE 1 Research Methodology
FIGURE 2 Primary Data Analysis Approach
FIGURE 3 Secondary Data Analysis Approach
FIGURE 4 Trends in Essential Oil Imports 2012-15
FIGURE 5 Growth Rate In Essential Oil Imports 2012-15
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