India Essential Oils Market to Grow with a CAGR of 8.16% through 2030F
The India Essential Oils
Market is driven by factors such as growing consumer preference for natural and
organic products, expanding applications in personal care and wellness, and
increasing aromatherapy adoption.
According to
TechSci Research report, “India Essential Oils Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Essential Oils Market was valued at USD 185.68 Million in 2024
and is expected to reach USD 297.24 Million by 2030 with a CAGR of 8.16% during
the forecast period. The India essential oils market has witnessed significant
growth in recent years, driven by rising consumer awareness about natural
health and wellness products. Essential oils, derived from aromatic plants, are
now widely used across industries such as personal care, food and beverages,
pharmaceuticals, and aromatherapy. India's long-standing tradition in Ayurveda
and herbal medicine has played a crucial role in popularizing essential oils
among consumers. With increasing focus on natural, chemical-free alternatives,
essential oils are gaining traction not only in urban areas but also in
semi-urban and rural regions where traditional remedies are still preferred.
One of the primary factors contributing
to market growth is the expanding use of essential oils in the personal care
and cosmetics sector. These oils are commonly found in products like skincare
creams, hair oils, perfumes, soaps, and bath oils due to their therapeutic,
anti-inflammatory, and antimicrobial properties. Brands are launching essential
oil-based products to cater to the demand for organic and sustainable beauty
solutions.
The India essential oils market is
expected to grow steadily due to favorable trends such as rising disposable
incomes, increasing interest in clean-label products, and advancements in
extraction technologies. Government support for the cultivation of medicinal
and aromatic plants under schemes like the National AYUSH Mission and the
development of export-friendly policies will likely further bolster the
industry. As consumer preferences continue shifting toward sustainable and
holistic lifestyles, essential oils will remain integral to the evolution of
wellness, personal care, and therapeutic product formulations across the
country.
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" India Essential Oils Market”
The India Essential
Oils Market is segmented into product type, application and region.
Based
on product type, Eucalyptus has emerged as the dominating segment in the India
essential oils market due to its widespread applications across the
pharmaceutical, personal care, and wellness industries. Known for its
antiseptic, anti-inflammatory, and decongestant properties, eucalyptus oil is a
key ingredient in balms, cough syrups, inhalers, and topical pain-relief
products. Its demand has surged post-pandemic with increased focus on
respiratory health and hygiene. Additionally, its use in aromatherapy and home
care further boosts consumption. The southern states of India, particularly
Tamil Nadu and Karnataka, have established eucalyptus cultivation zones,
ensuring consistent supply to meet both domestic and international market
demands.
Based on region, West India has emerged as the
fastest-growing region in the India essential oils market, driven by rapid
industrialization, increasing consumer awareness, and a robust demand from key
end-use industries. States like Maharashtra and Gujarat are major hubs for
cosmetics, personal care, and pharmaceuticals, which are significant consumers
of essential oils. The growing popularity of aromatherapy, wellness centers,
and spa treatments in urban areas such as Mumbai, Pune, and Ahmedabad has
further boosted demand. Additionally, the region benefits from strong
distribution networks, well-developed export infrastructure, and higher
disposable incomes, all of which contribute to accelerated market growth. The
shift towards natural and organic products in West India continues to push
manufacturers and retailers to expand their essential oil offerings rapidly.
Major companies
operating in India Essential Oils Market are:
- Biolandes
Natural Extracts Private Limited
- Falcon
Essential Oil
- BO
International Private Limited
- Young
living EssentialOils India Private limited
- Mother
Herbs Private limited (India EssentialOil)
- The
Wynaad Essential Oils (India) Private limited
- BMV
Fragrances Private ltd
- Anjali
Essential Oils Private limited
- Gangotri
Essential Oils Pvt Ltd
- Vinayak
Ingredients (INDIA) Pvt Ltd.
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“The India essential oils market is
driven by increasing consumer preference for natural and organic products,
growing demand from the personal care and pharmaceutical sectors, and rising
awareness of aromatherapy benefits. Key trends include the surge in wellness
and self-care routines, expanding use of essential oils in cosmetics and spa
treatments, and a shift toward sustainable and ethically sourced ingredients.”
said Mr. Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“India Essential Oils
Market By Product Type (Orange, Eucalyptus, Peppermint, Lemon, Citronella,
Others), By Application (Food & Beverages, SPA & Relaxation, Cleaning
& Home, Medical), By Region, Competition, Forecast & Opportunities,
2020-2030F”, has evaluated the future growth potential of India Essential
Oils Market and provides statistics & information on market size, structure
and future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the India Essential Oils
Market.
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