Essential
oils are volatile liquid compounds extracted from natural plants and possess
healing and purifying attributes. Essential oils are used for various
applications such as for manufacturing soaps, perfumes, skincare products, for
household cleaning products along with being used for aromatherapy and
medicinal purposes. Using essential oils helps in relaxing mind and body,
energizing mood, combating problems of cold, flu, etc. During 2011-2015, global
essential oils market registered CAGR of around 6%, on account of increasing
demand for essential oils from various regions with customer preferences
shifting from using conventional drugs to cure ailments towards using essential
oils, as essential oils have no side effects. Few of the major players operating
in the global essential oils market are Young Living Essential, Sydney
Essential Oil Co., Biolandes, H. Reynaud & FILS, etc. Multi-level marketing
and direct selling are few of the strategies adopted by these companies to
enhance their market in Europe and North America region. Europe accounted for
the largest share in the global essential oils market, on account of changing
consumer preferences towards using healthier options for cooking and opting for
food products that are low in fat, have moderate sugar and salt content, etc.
According to a TechSci Research report “Global Essential Oils Market By Product Type, By Application, By Region
Competition Forecast and Opportunities, 2011-2021”, global market for
essential oils is anticipated to grow at a CAGR of 9% during 2016–2021. This
growth in essential oils market during the forecast period can be attributed to
increasing online presence of major essential oil selling companies, and more
number of people opting for online purchase as it is a hassle free process and offers
convenience of selection and ordering. Increasing consumer awareness regarding
health benefits associated with using natural & organic personal care
products containing herbal essential oils, coupled with shifting focus of food
manufacturers from using synthetic substances to natural additives, are few of
the major factors driving the sales of essential oils, across the globe. Market
for orange essential oils accounted for the largest share in the global
essential oils market in 2015, on account of its wide application in making food,
beverages, desserts, sweetmeats, etc. “Global
Essential Oils Market By Product Type, By Application, By Region Competition
Forecast and Opportunities, 2011-2021” discusses the following
aspects of global essential oils market:
- Global Essential Oils Market Size,
Share & Forecast
- Segmental Analysis – Type (Orange,
Eucalyptus, Peppermint, Lemon, Citronella and Others), By Application
(Food & Beverages, Medical, Spa & Relaxation, Cleaning &
Home),
- Regional Analysis (Europe, North
America, Asia-Pacific, South America and Middle East & Africa)
- Changing Market Trends & Emerging
Opportunities
- Competitive Landscape & Strategic
Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of
global essential oils market
- To identify the customer preference
towards essential oils
- To help industry consultants, essential
oil manufacturers, vendors and dealers align their market-centric
strategies
- To obtain research based business
decisions and add weight to presentations and marketing material
- To gain competitive knowledge of
leading market players
- To avail 10% customization in the report without
any extra charges and get the research data or trends added in the report as
per the buyer’s specific needs
Report Methodology
The information
contained in this report is based upon both primary and secondary sources.
Primary research includes interviews with essential oils
manufacturers, distributors and industry experts. Secondary research includes
an exhaustive search of relevant publications such as company annual reports,
financial reports and other proprietary databases.