According to the latest analysis by Reports and Data, the global essential oils (EO) market was valued at $ 8.26 billion in 2019 and is projected to reach $ 16.41 billion by 2027, with a CAGR of 8.7%. The Global Essential Oils Market report is a comprehensive analysis of the chemicals and materials industry providing key insights into the market dynamics, drivers, restraints, current and emerging trends, and opportunities for growth in the Essential Oils market. The report provides an accurate estimate of the market size in terms of both value and volume. The market size and share were estimated and validated by implementing both top-down and bottom-up approaches. The research report offers a comprehensive assessment of the top companies operating in the market to provide a clear understanding of the competitive landscape of the Essential Oils market on a global as well as regional level.
Extensive primary and secondary research has been carried out to identify and review the key players in the industry along with their market share, market reach, global position, sales and gross profit margin, and the overall picture of the company. The report also provides insights into recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing and manufacturing agreements, and product launches.
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Important companies in the Essential Oils Market are:
The most important participants include Cargill (USA), EI du Pont de Nemours and Company (USA), Koninklijke DSM NV (Netherlands), dôTERRA International LLC. (USA), Young Living Essential Oils (USA) and Givaudan SA (Switzerland). US-based Young Living Essential Oils makes essential oils and other related products. The company offers a diverse portfolio, including lavender, cardamom, basil. Clove, coriander and eucalyptus to name a few. The products are available in mixes and individually for personal care and food applications.
The rapid adoption of digital technologies to improve efficiency and production, prioritizing environmental sustainability, improving the global supply chain and increasing import / export of chemicals and materials have contributed significantly to the sales growth of the market. The growing demand for personal care and consumer products such as soaps and other materials, the increasing focus on the production of petrochemicals, rising capital expenditures and the increasing emphasis on decarbonization have continued to drive sales growth in the materials and chemicals industries.
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The report provides a key assessment of the major geographical regions of the Essential Oils market with an emphasis on factors such as regulatory framework, manufacturing and product policies, cost analysis, import and export ratio, supply and demand dynamics, trends, global revenue generation, and profit margins. It also provides statistical data on market share, market size, main drivers and CAGR for the forecast period 2017-2027.
The regional analysis includes:
North America
Canada
US
Mexico
Europe
Germany
Italy
United Kingdom
Rest of the EU
Asia Pacific
India
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
United Arab Emirates
Rest of MEA
Global Essential Oils Market Segmentation:
Product Type (Volume, Kilotons; 2017-2027 and Revenue, USD Mn .; 2017-2027)
Orange oil
lemon oil
Lime oil
Peppermint oil
Corn mint oil
Citronella oil
Spearmint oil
Geranium oil
Clove leaf oil
Eucalyptus oil
Jasmine oil
Tea tree oil
Rosemary oil
Lavender oil
Other
Extraction method (volume, kilotons; 2017-2027 and sales, USD million; 2017-2027)
distillation
Carbon dioxide extraction
Cold press extraction
Solvent extraction
Other
Application (volume, kilotons; 2017-2027 and sales, USD million; 2017-2027)
Food & drinks
Cosmetics & toiletries
Aromatherapy
Home care
Health care
Other
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Key Features of Global Essential Oils Market Research Report:
The research report offers an in-depth look at the Essential Oils market through a thorough study of key market characteristics
The report provides accurate estimates and projections for the 2020-2027 period
In-depth regional analysis and insights into the regions that are expected to show promising growth over the forecast period
Comprehensive analysis of the competitive landscape along with their financial standing, regional reach, global position and strategic expansion tactics carried out by them
Analysis of the latest developments and product advances in the market
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