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Sep 28, 2020 (AmericaNewsHour) —
The global Essential Oils Market was valued at USD 6.71 billion in 2016 and is projected to reach USD 14.12 billion by 2025, growing at a CAGR of 11.3% from 2017 to 2025.

Essential oils are concentrated hydrophobic liquids that contain volatile aroma compounds from plants. They are also known as oil of the plant from which they are extracted. They are extracted by distillation. They find increased application in food & beverages and personal care products.

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Market Dynamics:
1. Market Drivers
1.1 Increasing applications in aromatherapy
1.2 Growing demand for fragrances and flavors in food & beverages and personal care products
1.3 Growing consumer preference for natural products
2. Market Restraints
2.1 Natural resource depletion
2.2 Availability of synthetic products

Market Segmentation:
The global Essential Oils Market is segmented on the basis of product, extraction method, application, and region.
1. Global Essential Oils Market, by Product:
1.1 Orange
1.2 Corn Mint
1.3 Eucalyptus
1.4 Citronella
1.5 Peppermint
1.6 Lemon
1.7 Clove Leaf
1.8 Lime
1.9 Spearmint
1.10 Others

2. Global Essential Oils Market, by Application:
2.1 Medical
2.2 Food & Beverages
2.3 Spa & Relaxation
2.4 Aromatherapy
2.5 Massage Oil
2.6 Personal Care
2.7 Cosmetics
2.8 Toiletries
2.9 Fragrances
2.9.1 Others
2.9.2 Cleaning & Home
2.9.3 Others

3. Global Essential Oils Market, by Extraction Method:
3.1 Distillation
3.2 Carbon Dioxide Extraction
3.3 Cold Press Extraction
3.4 Solvent Extraction
3.5 Other Extraction Methods

4. Global Essential Oils Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Biolandes SAS
2. doTerra
3. Essential Oils of New Zealand
4. Falcon Essential Oils
5. Farotti Srl
6. Flavex Naturextrakte GmbH
7. H. Reynaud & Fils (HRF)
8. India Essential Oils
9. Moksha Lifestyle Products
10. Rocky Mountain Essential Oils
11. Sydney Essential Oil Co. (SEOC)
12. The Lebermuth Company
13. Ungerer Limited
14. Young Living Essential Oils
15. West India Spices, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Essential Oils Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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