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Australia Essential Oils Market Size, Share, Trends, Growth: By Type: Spearmint Oil, Cornmint Oil, Clove Oil, Cedarwood Oil, Lavender Oil, Rosemary Oil, Orange Oil, Others; By Source: Flowers, Fruits and Vegetables, Herb and Species; By Extraction: Cold Press Extraction, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Australia Essential Oils Market Outlook
The Australia essential oils market size reached USD 171.3 million in 2023. The market is expected to grow at a CAGR of 7.6% between 2024 and 2032, reaching USD 331.8 million by 2032.
Key Takeaways:
- As per USDA data, Australia's orange production reached 505,000 metric tons in the marketing year 2022/23.
- The cosmetics sector in Australia is valued at around $3.5 billion, according to information from the International Trade Administration.
- USDA report indicates that Australia's food, beverage, and grocery sectors constitute approximately one-third of the country's manufacturing industry.
Rosemary oil contributes to the Australia essential oils market growth because of its capacity to enhance focus, memory, and mental clarity
Rosemary oil provides diverse benefits such as enhancing mental clarity, memory, and focus through aromatherapy, promoting hair growth and scalp health, relieving headaches and muscle pains, acting as an antimicrobial for immunity, and improving skin health by reducing acne and inflammation, rejuvenating the skin.
Orange oil offers a multitude of advantages including uplifting mood and energy with its citrusy scent, reducing stress, boosting immunity with antioxidants and vitamin C, aiding digestion by stimulating enzyme production to reduce bloating, acting as a natural antimicrobial cleaner for surfaces, and brightening skin tone to reduce wrinkles and dark spots in skincare.
Prinova partnered with Agrumaria Reggina, a prominent Italian manufacturer of citrus-based essential oils and juices, for their inaugural launch in Australia. This collaboration strengthened Agrumaria's sales and marketing efforts to cater to the increasing demand for genuine fruit experiences, featuring essential oils extracted from orange, lemon, blonde/blood orange, mandarin, clementine, and bergamot.
Market Segmentation
Australia Essential Oil Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Spearmint Oil
- Cornmint Oil
- Clove Oil
- Cedarwood Oil
- Lavender Oil
- Rosemary Oil
- Orange Oil
- Others
Market Breakup by Source
- Flowers
- Fruits and Vegetables
- Herb and Species
Market Breakup by Extraction
- Cold Press Extraction
- Distillation
- Carbon Dioxide Extraction
- Others
Market Breakup by Application
- Personal Care and Cosmetics
- Food and Beverages
- Pharmaceuticals
- Home Care Products
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia essential oils market key players are Sydney Essential Oil Company, Young Living Essential Oils (Australia) Pty. Ltd., Down Under Enterprises, Heritage Brands (Australia) Pty Ltd. and Essentially Co Pty Ltd. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Source |
|
| Breakup by Extraction |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Essential Oils Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Essential Oils Historical Market (2018-2023)
8.3 Asia Pacific Essential Oils Market Forecast (2024-2032)
9 Australia Essential Oils Market Overview
9.1 Key Industry Highlights
9.2 Australia Essential Oils Historical Market (2018-2023)
9.3 Australia Essential Oils Market Forecast (2024-2032)
10 Australia Essential Oils Market by Type
10.1 Spearmint Oil
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cornmint Oil
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Clove Oil
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Cedarwood Oil
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Lavender Oil
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Rosemary Oil
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Orange Oil
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Others
11 Australia Essential Oils Market by Source
11.1 Flowers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Fruits and Vegetables
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Herb and Species
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Essential Oils Market by Extraction
12.1 Cold Press Extraction
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Distillation
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Carbon Dioxide Extraction
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Australia Essential Oils Market by Application
13.1 Personal Care and Cosmetics
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Food and Beverages
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Pharmaceuticals
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Home Care Products
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Australia Essential Oils Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Value Chain Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Sydney Essential Oil Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Young Living Essential Oils (Australia) Pty. Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Down Under Enterprises
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Heritage Brands (Australia) Pty Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Essentially Co Pty Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Essential Oils Market: Key Industry Highlights, 2018 and 2032
2. Australia Essential Oils Market: Key Industry Highlights, 2018 and 2032
3. Australia Essential Oils Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Essential Oils Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Essential Oils Historical Market: Breakup by Source (USD Million), 2018-2023
6. Australia Essential Oils Market Forecast: Breakup by Source (USD Million), 2024-2032
7. Australia Essential Oils Historical Market: Breakup by Extraction (USD Million), 2018-2023
8. Australia Essential Oils Market Forecast: Breakup by Extraction (USD Million), 2024-2032
9. Australia Essential Oils Historical Market: Breakup by Application (USD Million), 2018-2023
10. Australia Essential Oils Market Forecast: Breakup by Application (USD Million), 2024-2032
11. Australia Essential Oils Historical Market: Breakup by Region (USD Million), 2018-2023
12. Australia Essential Oils Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Australia Essential Oils Market Structure
Key Questions Answered in the Report
The market was valued at USD 171.3 million in 2023.
The market is projected to grow at a CAGR of 7.6% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 331.8 million in 2032.
The essential oils market is categorised according to source, which includes flowers, fruits and vegetables, herbs, and species.
The key players are Sydney Essential Oil Company, Young Living Essential Oils (Australia) Pty. Ltd., Down Under Enterprises, Heritage Brands (Australia) Pty Ltd. and Essentially Co Pty Ltd. among others.
Based on the extraction, the market is divided into cold press extraction, distillation, carbon dioxide extraction and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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