Essential Oil Market Size, Share, Statistics, Trends, Segmentation Analysis and Forecast to 2023
Oct 11, 2017
Essential oil Market Information- Type (Pure essential oil, Compound essential oil and Others), Ingredients (Orange, Corn mint, Cedarwood, Eucalyptus, Chamomile, Lavender, Clary sage, Citronella, Litsea cubeba, Citrodora, Peppermint) and Application (Fragrance & Flavor, Aromatherapy) - Forecast to 2023
Pune, India - October 11, 2017 /MarketersMedia/ —
Market Overview:
Essential Oil market is projected to grow at 5.92% during the forecasted period 2017to 2023. APAC region is estimated to dominate the market with more than 50% of market share followed by America in the year 2017. France, Italy and Germany are major essential oil producers in the Europe region. Increasing popularity of essential oil in aromatherapy and pharmaceuticals supporting various essential oil production in America and Europe region. U.S. and Canada are major essential oil market in the American region. Strong potential of essential oil production and rising application of essential oil in cosmetics and personal care supporting market growth among the various regions in the world.
Competitive Analysis-
The major key players in essential oil market are
• Shaanxi Guanjie Technology Co., Ltd (China)
• Shiva Sales Corporation (India)
• Young Living (U.S.)
• Sydney Essential Oil (Australia)
• Biolandes (France)
• dōTERRA (U.S.)
• The Lebermuth Company (U.S.)
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Key Findings
• Global Essential oil market is projected to reach USD 18,956 million by 2023 with growth rate of 5.92%
• Globally, application of Essential oil in aromatherapy is growing at higher rate of 6.19%
• Globally, corn mint and orange essential oil holds more than 57% of market share in the year 2017
Market Forecast
U.S., China and India are the major producers, consumer and exporter of Essential Oil in the world. Essential oil market in India will witness higher growth rate during the forecasting period 2017 to 2023. Essential Oil market in U.S. is growing at CAGR of 6.08% backed by advancement in processing technology of Essential Oil by manufacturers.
Table of Contents
1 Executive Summary 11
2 Introduction 12
3 Research Methodology 15
4 Market Dynamics 18
5 Market Trends 22
6 Emerging Markets For Essential Oil 25
7 Market Factor Analysis 35
8 Global Essential Oil Market, By Type 39
9 Global Essential Oil Market Market, By Ingredients 41
10 Global Essential Oil Market, By Application 48
11 America Essential Oil Market 51
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12 Europe Essential Oil Market 59
13 Asia-Pacific Essential Oil Market 67
14 Rest Of World Essential Oil Market 77
15 Company Profiles 85
Continued…..
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Source: MarketersMedia
Release ID: 248628
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