The latest report by MarkNtel Advisors, titled “Essential Oils Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Essential Oils Market Share, Size, and Industry Analysis. By Type (Citrus, Tea Tree, Lavender, Eucalyptus, Rosemary, Others), By Application (Aromatherapy, Food & Beverages, Healthcare, Personal Care & Cosmetics), and others.The Global Essential Oils Market is estimated to grow at a CAGR of around 8.8% during the forecast period, i.e., 2024-30.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Essential Oils Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global Essential Oils Market Driver:
Rising Aromatherapy Practices & Growing Usage of Essential Oils in Food & Beverages to Thrive the Market – Nowadays, consumers have been showing a heightened focus on health & personal care, leading to a surge in visits to spa and relaxation centers for aromatherapy sessions utilizing essential oils. This trend is further amplified by the flourishing tourism and hospitality industries, contributing significantly to driving the Global Essential Oil Market growth.
Besides, several studies cite that essential oils play a crucial role in naturally preserving foods by showing antibacterial activities in foods like meat, fish, cooked rice, and milk & other dairy products. As a result, the rising consumer interest in organic products has made these oils a significant ingredient in the food & beverage industry, with the growing utilization of them by food manufacturers to enhance the aesthetics as well as nutritional & functional properties of food products. This, in turn, is aiding in enhancing the Essential Oils Market share in the future.
Essential Oils Market Segmentation
By Type
-Citrus
-Tea Tree
-Lavender
-Eucalyptus
-Rosemary
-Others (Chamomile, Peppermint, etc.)
By Application
-Aromatherapy
-Food & Beverages
-Healthcare
-Personal Care & Cosmetics
By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
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Major Key Players in Essential Oils Market research report:
-Aura Cacia
-doTERRA
-DuPont
-Givaudan
-NOW Essential Oils
-Plant Therapy
-Rocky Mountain Oils, LLC
-Sydney Essential Oil Co.
-The Lebermuth Company
-Young Living
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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