LONDON–(BUSINESS WIRE) – The essential oils market will see additional spending of approximately $ 5.1 billion, up 10.15% over the five-year forecast period. A well-directed strategic approach to essential oil sourcing can open up several options for buyers. This report also provides market implications and new opportunities arising from the COVID-19 pandemic. Download free sample pages
Key Benefits Of Buying This Report:
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How is the market dynamic?
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What are the main market trends?
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What are the category growth drivers?
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What are the constraints on category growth?
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Who are the suppliers in this market?
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What are the shifts in supply and demand?
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What are the main category requirements?
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What are the best practices for sourcing in this market?
Current trends information and information on the Supply Chain Market Knowledge Center on Impact Assessment for COVID-19
SpendEdge’s reports now include an in-depth free analysis of the COVID-19 procurement impact and the latest market data to help your business address procurement issues. Our Essential Oils Market Sourcing report provides actionable insights into sourcing intelligence, sourcing strategies, and action plans to mitigate the risks arising from the current pandemic situation. The insights contained in our reports will help procurement professionals streamline supply chain operations and gain insight into best procurement practices to minimize losses.
Insights into buyer strategies and tactical negotiation levers:
The report explains various strategic and tactical bargaining levers to help buyers get the best prices on the essential oils market. The report also assists buyers with relevant essential oil price levels, pros and cons of common pricing models such as volume-based pricing, spot pricing, as well as cost-plus pricing, and category management strategies and best practices to achieve their category goals.
Further information on buyer strategies and tactical negotiation levers can be found here
How to Access the Definitive Essential Oils Buying Guide that will answer all of your top questions about price trends and analysis:
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Do I pay / do I get the correct prices? Is my TCO (Total Cost of Ownership) for essential oils cheap?
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How should the price forecast change? What is driving current and future price changes?
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Which pricing models offer the most rewarding options?
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Some of the major essential oil suppliers featured in this report:
This essential oil sourcing report has identified key suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.
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doTERRA International LLC
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Young Living essential oils
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Biolandes
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Sydney Essential Oil Co. Pty Ltd.
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The Lebermuth Co. Inc.
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FAROTTI SRL
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Moksha lifestyle products
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H. Reynaud & Fils
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Aromatika BV
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Jiangsu Taiyang Reducer Co. Ltd.
This sourcing report will help buyers identify and select the most suitable suppliers for their essential oils needs by answering the following questions:
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Am I working with the right suppliers?
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Which KPIs should I use to evaluate my established suppliers?
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For which supplier selection criteria are relevant?
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What are the essential elements of the essential oils category in terms of SLAs and RFx?
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Table of Contents
Summary
Market insights
Insights into the pricing category
Opportunities to save costs
Recommended course of action
Category ecosystem
Category management strategy
Category management enablers
Supplier selection
Suppliers under cover
US Market Insights
Category area
appendix
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