Growth of the essential oils market is fueled by the rising demand of aromatherapy cosmetics

MarketsandMarkets™

Growth of the essential oils market is fueled by the rising demand of aromatherapy cosmetics

The global essential oils market is projected to grow significantly, with an estimated value of USD 8.8 billion in 2022, reaching USD 15.3 billion by 2027. This growth is driven by the wide-ranging applications of essential oils and increasing consumer awareness of their benefits and minimal side effects. In particular, the North American region holds a dominant position in the global market due to the rising trend of adopting a healthy lifestyle and consumers' heightened awareness of ingredient composition in their products. Consequently, there has been increased research and development as well as new product innovations in the essential oils industry, which will propel market growth in the forecasted period.

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The North American essential oils market is primarily driven by the growth in the United States and Canadian markets. The US market, being the largest country in terms of import and export of essential oils globally, holds a significant share in the North American market. Consumer demand for all-natural products is on the rise, driven by increasing health consciousness and a preference for sustainable lifestyles. Consumers are willing to pay a premium for natural and organic products, leading food, beverage, and cosmetics manufacturers to incorporate essential oils in their formulations to meet this demand and leverage the trend. Essential oils, due to their natural origin, allow manufacturers to claim their products as natural and free from artificial chemicals.

In Canada, essential oils such as peppermint, spearmint, and orange are in high demand. With the growing prevalence of health issues and lifestyle diseases, consumers have recognized the importance of essential oil products. Essential oils derived from herbs and spices are witnessing increased demand, driven by globalization and consumer demand for new, innovative, and international flavors.

Additionally, the busy lifestyles of consumers and limited time for cooking have boosted the demand for processed foods, presenting new possibilities for the use of essential oils. The increasing awareness of health and hygiene is driving the demand for convenience foods and consumer products made with natural ingredients. Moreover, the demand for premium consumer products among the high-income population is expected to further drive the essential oils market in Canada.

In Europe, the growth of the essential oils market is fueled by the demand for products marketed as aromatherapy cosmetics to consumers. Increased awareness of the benefits of essential oils has made Europe one of the largest markets for these products. Food and beverage companies in Europe are innovating by producing various beverages and foods based on essential oils to meet consumer demand. European consumers prefer value-added food products, leading manufacturers to incorporate essential oils due to their wide range of applications. The growing consumer demand for high-quality, environmentally friendly products is expected to drive market growth in Europe.

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Furthermore, Europe is a major importer of essential oils due to the increased consumer demand for aromatherapy products, particularly in the form of "aromatherapy cosmetics." The European cosmetics and personal care market is one of the largest globally, providing an attractive opportunity for suppliers and producers of essential oils from developing countries. Consumer demand for cosmetics products free from chemicals is expected to further fuel market growth.

Europe's regulatory environment makes it an important market for companies producing essential oils, with major players in the region including Symrise (Germany), ROBERTET SA (France), MANE (France), and NHR Organic Oils (UK).

Key players in the essential oils market include Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India), and India Essential Oils (India).

MarketsandMarkets™

Essential Oils Market Analysis by Size, Share, Growth, Trends, Opportunities and Forecast (2021-2027)

Mohit Joshi 2024-03-18

Type Segmentation: Orange Essential Oil Takes the LeadIn the landscape of essential oils, orange essential oil emerges as a frontrunner, commanding a significant market share in 2020. Extraction Methods: The Efficiency of DistillationAmong the various methods of extraction, distillation reigns supreme, holding a substantial share in the global essential oils market. Regional Dynamics: Europe Leads the ChargeEurope emerges as a dominant force in the global essential oils market, boasting a prominent market share and robust growth prospects. , Sydney Essential Oil Company, Essential Oils of New Zealand Ltd. , among others, stand as pioneers of innovation in the essential oils market.

PATCHOULI OIL | USES AND BENEFITS

Shera White 2022-06-13

Although they are both derived from the same species, Pogosteman cablin, the vessels in which they are distilled dictate their tones; f➔ If the patchouli oil is distilled in a stainless-steel vat, the viscosity is thin and the colour is deep amber, or light. Which can produce a good amount of Patchouli oil. Extracting Patchouli oilLet’s take a look at the methods for extracting patchouli oil. Some of the common uses of Patchouli oil can be:● Patchouli oil can be helpful in promoting healthier looking skin, soothing acne prone skin, reducing the appearance of blemishes● Support clearer breathing, ease away tension in the mind and body, including discomfort in head and belly● Its aroma is uplifting and encourages us to feel positive● Promoting emotions of relaxation and lessen the experience of stress How to apply patchouli essential oil directly? Don't apply directly to skin, always dilute into a carrier oil or unscented base lotion, cream, cleanser or gel.

Essential oils Market to Showcase Continued Growth in the Coming Years

marketsandmarkets 2022-11-14

According to MarketsandMarkets, the global essential oils market size is estimated to be valued at USD 8. The largest market segment for essential oils is food and beverage, as consumers are becoming increasingly aware of the health benefits of essential oils. Download PDF BrochureFood and beverage manufacturers' most common essential oils include orange oil, lemon oil, cardamom essential oil, peppermint oil, and lime oil. The rising hospitality sector is another prominent avenue for the flower-sourced essential oils business. The European essential oil market growth is attributed to the consumer demand for aromatherapy cosmeticsThe European demand for essential oils is because of the rising aromatherapy sector.

Growth Opportunities & Challenges in the Global Essential Oils Market

MnM 2022-04-13

The Essential Oils Market is estimated to be valued USD 10. In terms of volume, the essential oils market is estimated to account for 253. Factors such as an growth in awareness toward preventive healthcare, rise in demand for essential oils in food products with extended shelf life , along with increase in demand for essential oils in cosmetic applications are some of the factors driving to the growth of the essential oils market. Challenges : Prevalence of synthetic/adulterated productsThere is an important concern of adulteration in essential oils, which has become a major challenge for essential oils market. These adulterated essential oils do not possess the properties of essential oils and merely act as fragrance products.

Essential Oils Market Opportunities, Drivers, Challenges & Forecast 2027

maximize 2021-12-02

Introduction of Essential Oils Market :Essential oils is mainly made up from the roots, seeds, flowers, fruits and leaves of the same plant species using expression, steam distillation and from derivation of carbon dioxide. com/request-sample/657 COVID-19 Impact on Essential Oils Market:The report has identified detailed impact of COVID-19 on Essential Oils Market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. com/market-report/global-essential-oils-market/657/ Essential Oils Market Segmentation:Essential Oils Market size is studied using various approaches and analyses in this research report to provide reliable and in-depth information about the industry. • 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. The Essential Oils Market overview and the analysis of several affecting elements such as drivers, restraints, and opportunities.

Get the Best Sleep with Safe, Certified Essential Oils

Stress Less Oil More 2023-06-01

In this article, we will discuss how to get the best results with essential oils for sleep and provide helpful tips on how to make sure you are using safe and effective products. However, not all essential oils are created equal. It’s important to make sure you are using certified essential oils for sleep that are safe and effective. When shopping for certified essential oils, always look for products that have been tested and verified by an independent third-party organization such as ECOCERT or BDIH. Once you’ve found a safe, effective, certified essential oil for sleep it’s time to use it!

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