Essential Oils Market by Product Type, Distribution Channel, End User 2023-2028

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Global Essential Oils Market Research Report:

The latest report by IMARC, titled “

Essential Oils Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28

” the global essential oils market size reached US$ 11.2 Billion in 2022.

Essential oils are aromatic liquids derived from plant materials through steam distillation. They are made of lipophilic, secondary plant metabolites, and principally mono- and sesquiterpenes. They are known to assist in reducing inflammation, treating sleep disorders like insomnia, and relieving stress, anxiety, headaches, and migraines. At present, their sales are increasing around the world on account of the growing popularity of aromatherapy.

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Global Essential Oils Market Trends:

Essential oils are utilized in aroma pots or aroma diffusers to add natural fragrance at homes. This, along with the rising prevalence of respiratory, dermatological, and dental disorders, represents one of the key factors bolstering the growth of the market. Apart from this, they are widely used as decongestants, expectorants, carminatives, and antibacterial agents to treat cough, bronchitis, and other respiratory tract ailments. This, coupled with the growing use of essential oils as natural additives and flavoring agents in the preservation of food products, such as confections, candies, meat, pickles, and soft drinks, is positively influencing the market.

Moreover, essential oils are widely used in manufacturing personal care products, such as soaps, perfumes, shampoos, and cleansing gels. Furthermore, the market is driven by the increasing product applications in improving the safety and quality of seafood, dairy products, cereal-based items, and minimally processed fruit and vegetables. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.7% during 2023-2028.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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Market Summary:

Breakup by Product:

• Cedarwood Oil

• Eucalyptus Oil

• Lavender Oil

• Lemongrass Oil

• Rosemary Oil

• Tea Tree Oil

• Ylang Ylang Oil

• Others

Breakup by Application:

• Medical

• Pharmaceutical

• Nutraceuticals

• Food and Beverages

• Bakery and Confectionery

• Beverages

• Meat, Poultry and Seafood

• Others

• Spa and Relaxation

• Aromatherapy

• Personal Care

• Cosmetics

• Toiletries

• Others

• Cleaning

• Kitchen Cleaners

• Floor Cleaners

• Bathroom Cleaner

• Others

• Others

Breakup by Sales Channel:

• Offline Stores

• Online Stores

Breakup by Region:

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• North America

• United States

• Canada

• Asia-Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

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Competitive Landscape with Key Players:

• Biolandes

• doTerra

• Essential Oils of New Zealand Ltd.

• Falcon Essential Oils

• Farotti S.R.L.

• FLAVEX Naturextrakte GmbH

• H. Reynaud & Fils

• India Essential Oils

• Moksha Lifestyle Products

• Rocky Mountain Oils LLC

• Sydney Essential Oil Co. (SEOC)

• The Lebermuth Company

• Ungerer Limited

• Young Living Essential Oils

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/essential-oils-market

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