The global essential market size is expected to reach around US$ 34.6 billion by 2030 and is expected to grow at an impressive double-digit rate of 7.2% from 2022 to 2030.
The government is aiding market participants in developing ecologically friendly products is contributing towards the growth of global essential oils market.
The study includes drivers and restraints of this market. The study provides an analysis of the global essential market for the period 2017-2030, wherein 2022 to 2030 is the forecast period and 2021 is considered as the base year.
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Report Scope of the Essential Oils Market
| Report Coverage | Details |
| Market Size by 2030 | USD 34.6 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 7.2% |
| Europe Market Share in 2021 | 50% |
| Spa and Relaxation Segment Market Share in 2021 | 47% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
Research Methodology
A unique research methodology has been utilized to conduct comprehensive research on the growth of the global essential market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the draw conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global essential market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Why should you invest in this report?
If you are aiming to enter the global essential market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for essential are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global essential market include:
- Takasago International Corporation
- Flavex Naturextrakte GmbH
- Firmenich SA
- Synthite Industries Ltd.
- ROBERTET GROUP
- International Flavors & Fragrances Inc.
- Norex Flavours Private Limited
- BMV Fragrances Pvt. Ltd.
- MOKSHA LIFESTYLE PRODUCTS
- Ultra International
Market Segmentation:
By Product
- Acorus Calamus
- Ajowan
- Basil
- Black pepper
- Cardamom
- Carrot Seed
- Cassia
- Cedarwood
- Celery
- Cinnamon
- Citronella
- Clove
- Cornmint
- Cumin Seed
- Curry Leaf
- Cypriol
- Davana
- Dill Seed
- Eucalyptus
- Fennel
- Frankincense
- Garlic
- Ginger
- Holy Basil
- Juniper Berry
- Lemon
- Lemongrass
- Lime
- Mace
- Mustard
- Neem
- Nutmeg
- Orange
- Palmarosa
- Pepper Mint
- DMO
- Rosemary
- Spearmint
- Turmeric
- Vetiver
- Ciz-3 Hexanol
- Tea Tree
- Others
By Application
- Medical
- Pharmaceutical
- Nutraceuticals
- Food & Beverages
- Bakery
- Confectionery
- Dairy
- RTE meals
- Beverages
- Meat, Poultry & Seafood
- Snacks & Nutritional Bars
- Spa & Relaxation
- Aromatherapy
- Massage Oil
- Personal Care
- Cleaning & Home
- Kitchen Cleaners
- Floor Cleaners
- Bathroom Cleaner
- Fabric Care
By Sales Channel
- Direct Selling
- Online Sales
- Others
By Method of Extraction
- Distillation
- Carbon dioxide extraction
- Cold press extraction
- Solvent extraction
- Other extraction methods (resin tapping and maceration)
By Type
- Singles
- Blends
Regional Analysis:
The geographical analysis of the global essential market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global essential Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global essential market in 2030?
- What is the expected CAGR for the essential market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global essential market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Essential Oils Market
5.1. COVID-19 Landscape: Essential Oils Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Essential Oils Market, By Product Type
8.1. Essential Oils Market, by Product Type, 2022-2030
8.1.1. Acorus Calamus
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Ajowan
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Basil
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Black pepper
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Cardamom
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Carrot Seed
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Cassia
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Cedarwood
8.1.8.1. Market Revenue and Forecast (2017-2030)
8.1.9. Others
8.1.9.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Essential Oils Market, By Application Type
9.1. Essential Oils Market, by Application Type, 2022-2030
9.1.1. Medical
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Pharmaceutical
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Nutraceuticals
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Food & Beverages
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Bakery
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Confectionery
9.1.6.1. Market Revenue and Forecast (2017-2030)
9.1.7. Dairy
9.1.7.1. Market Revenue and Forecast (2017-2030)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Essential Oils Market, By Sales Channel Type
10.1. Essential Oils Market, by Sales Channel Type, 2022-2030
10.1.1. Direct Selling
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Online Sales
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Essential Oils Market, By Method of Extraction Type
11.1. Essential Oils Market, by Method of Extraction Type, 2022-2030
11.1.1. Distillation
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Carbon dioxide extraction
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Cold press extraction
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Solvent extraction
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Essential Oils Market, By Type
12.1. Essential Oils Market, by Type, 2022-2030
12.1.1. Singles
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Blends
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Essential Oils Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Product (2017-2030)
13.1.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.1.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.1.5. Market Revenue and Forecast, by Type (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.1.7. Market Revenue and Forecast, by Type (2017-2030)
13.1.8. Rest of North America
13.1.8.1. Market Revenue and Forecast, by Product (2017-2030)
13.1.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.1.8.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.1.8.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.1.8.5. Market Revenue and Forecast, by Type (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Product (2017-2030)
13.2.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.2.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.2.5. Market Revenue and Forecast, by Type (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.2.7. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.2.8. Market Revenue and Forecast, by Type (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Product (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.2.10. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.2.11. Market Revenue and Forecast, by Type (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Product (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.2.13. Market Revenue and Forecast, by Type (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Product (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Application (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.2.15. Market Revenue and Forecast, by Type (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Product (2017-2030)
13.3.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.3.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.3.5. Market Revenue and Forecast, by Type (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.3.7. Market Revenue and Forecast, by Type (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.3.9. Market Revenue and Forecast, by Type (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Product (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Type (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Product (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Type (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Product (2017-2030)
13.4.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.4.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.4.5. Market Revenue and Forecast, by Type (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.4.7. Market Revenue and Forecast, by Type (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.4.9. Market Revenue and Forecast, by Type (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Product (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Type (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Product (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Application (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Type (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Product (2017-2030)
13.5.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.5.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.5.5. Market Revenue and Forecast, by Type (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.5.7. Market Revenue and Forecast, by Type (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Product (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Application (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Sales Channel (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Method of Extraction (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Type (2017-2030)
Chapter 14. Company Profiles
14.1. Takasago International Corporation
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Flavex Naturextrakte GmbH
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Firmenich SA
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Synthite Industries Ltd.
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. ROBERTET GROUP
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. International Flavors & Fragrances Inc.
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Norex Flavours Private Limited
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. BMV Fragrances Pvt. Ltd.
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. MOKSHA LIFESTYLE PRODUCTS
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Ultra International
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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