Reports
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Global Essential Oils Market: By Type: Mentha Oil, Orange Oil, Peppermint Oil, Clove Oil, Others; By Application: Flavour and Fragrance, Industrial, Pharmaceuticals; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Essential Oils Market Outlook
The global essential oils market is being driven by the rising production and availability of the products. In 2020, the availability of essential oils was 177.6 thousand metric tons. It is expected to further grow at a CAGR of 8.8% between 2021 and 2026 to reach a volume of 294.5 thousand metric tons by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
In 2018, the industry reached a value of USD 6.8 billion. The essential oils market is significantly supported by a few essential oils such as mint oil, orange oil, and clove oil. India and China are the major sourcing regions for mentha oils. More than half of the global orange oil production takes place in Brazil. It is followed by the United States. The clove oil production is dominated by Indonesia, which produces more than 75% of clove oil globally. Madagascar is also a leading producer of clove oil.
Many developing countries, such as India, Indonesia, and Brazil, are the leading producers and exporters of a variety of essential oils in the global market. Increasing consumer awareness of the medicinal and soothing properties of essential oils are the key drivers of the industry. Some segments of essential oil are also finding extensive application in the food and beverage sector as edible oils, with orange oil being the leading segment. Their rising use in the food and beverage industry is being driven by the increasing demand for natural flavours and ingredients.
Properties and Applications
Essential oils refer to oils derived from natural sources. They capture the fragrance and flavour of the plant, or "essence." Unique aromatic compounds give every essential oil its distinctive essence. They are most widely used in the study of aromatherapy, in which they are inhaled by various methods. The major types of essential oils are:
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
- Mentha Oil
- Orange Oil
- Peppermint Oil
- Clove Oil
- Others
They find their applications in:
- Flavour and Fragrance
- Industrial
- Pharmaceuticals
The mentha oil finds its end-uses in the production of tobacco, cosmetics, confectionery, pharmaceuticals, and oral care, among others. Its major regional markets are India, China, Brazil, and the United States, among others. Orange oil is used in personal care, food, and pharmaceuticals, among others. The major regional markets for orange oil are Brazil, the United States, the European Union, Mexico, and China, among others. Peppermint oil, meanwhile, also finds its end-uses in personal care, food, and pharmaceuticals, among others. The United States, India, China, and Brazil among others, are its major regional markets.
The global clove oil market is further divided into products, namely, clove leaf, clove stem, and clove bud oil. It finds its end-uses in food and beverages, pharmaceutical, household care, tobacco, fabric care, and other sectors. The regional markets for the product include Indonesia, Madagascar, Sri Lanka, Comoros, and Tanzania, among others.
The report also covers the regional essential oils markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
The essential oils market is significantly driven by the growing demand for natural products. These oils are concentrated and usually have less or no adulteration. A transition from synthetic to natural additives is witnessed owing to the growth in the organic products sector. The increasing awareness regarding health and wellness among the consumers is also aiding the industry growth. The increased application of essential oil in the making of natural flavours and fragrances due to their rising demand across significant industries is also expected to propel the essential oils market growth further. The demand for personal care products, where essential oils are being used in products such as body scrubs, lotions, etc., is expected to increase at a high growth rate, thus, supporting the forecast growth of the essential oils market.
Essential oils are significantly used in spas and therapies. Rising consumer awareness about the medical and relaxing properties of essential oils are the major driving factors of the market. The growing consumer awareness and their increasing demand for natural organic ingredients are expected to increase the demand for essential oils. Major companies are also investing in essential oils-based products, thus, driving the demand for the products. The demand for lemon oil, particularly, is expected to increase among consumers in the coming years, driven by high consumer awareness of its multiple uses as a relaxant, household cleaner, and in skin care applications. The cosmetics market is a crucial driver for the lavender oil demand as it is used in the production of multiple cosmetic products.
The pharmaceutical market also uses essential oils. Oils like onion oil, lemon oil, eucalyptus oil, etc, have medicinal uses and, thus, are used to treat problems topically. The market for mint oil is growing due to the increasing overseas demand for Indian produced menthol. Clove oil, on the other hand, is abundantly used as an anaesthetic in aquariums to euthanize sick or diseased fish by giving an overdose. It is also finding rising use in mouse traps.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global essential oils market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Lebermuth, Inc.
- Sydney Essential Oil Co.
- Biolandes SA
- Young Living Essential Oils
- Givaudan SA
- Farotti SRL
- Robertet SA
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Mentha Oil, Orange Oil, Peppermint Oil, Clove Oil, Others |
| Breakup by Application | Flavour and Fragrance, Industrial, Pharmaceuticals |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
| Price Analysis | Historical and Forecast Price Trends-Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Lebermuth, Inc., Sydney Essential Oil Co., Biolandes SA, Young Living Essential Oils, Farotti SRL, Robertet SA, Givaudan SA, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Essential Oils Market Analysis
8.1 Key Industry Highlights
8.2 Global Essential Oils Historical Market (2017-2021)
8.3 Global Essential Oils Market Forecast (2022-2027)
8.4 Global Essential Oils Market by Type
8.4.1 Mentha Oil
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.1.4 Breakup by End Use
8.4.1.4.1 Tobacco
8.4.1.4.2 Cosmetics
8.4.1.4.3 Confectionery
8.4.1.4.4 Pharmaceuticals
8.4.1.4.5 Oral Care
8.4.1.4.6 Others
8.4.2 Orange Oil
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.2.4 Breakup by End Use
8.4.2.4.1 Personal Care
8.4.2.4.2 Food
8.4.2.4.3 Pharmaceuticals
8.4.2.4.4 Others
8.4.3 Peppermint Oil
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.3.4 Breakup by End Use
8.4.3.4.1 Personal Care
8.4.3.4.2 Food
8.4.3.4.3 Pharmaceuticals
8.4.3.4.4 Others
8.4.4 Clove Oil
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.4.4 Breakup by Product
8.4.4.4.1 Clove Leaf Oil
8.4.4.4.2 Clove Stem Oil
8.4.4.4.3 Clove Bud Oil
8.4.4.5 Breakup by Application
8.4.4.5.1 Food & Beverages
8.4.4.5.2 Household Care
8.4.4.5.3 Pharmaceuticals
8.4.4.5.4 Tobacco
8.4.4.5.5 Fabric Care
8.5 Global Essential Oils Market by Application
8.5.1 Flavor and Fragrance
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Industrial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Pharmaceuticals
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Essential Oils Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Trade Data Analysis (HS Code – 3301)
11.1 Major Importing Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Exporting Countries
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
12.1 Mentha Oil Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.2 Orange Oil Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.3 Peppermint Oil Historical Price Trends (2017-2021) and Forecast (2022-2027)
12.4 Clove Oil Historical Price Trends (2017-2021) and Forecast (2022-2027)
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Lebermuth, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Sydney Essential Oil Co.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Biolandes SA
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Young Living Essential Oils
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Givaudan SA
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Farotti SRL
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
15 Industry Events and Developments
List of Figures and Tables
1. Global Essential Oils Market: Key Industry Highlights, 2017 and 2027
2. Global Essential Oils Historical Market: Breakup by Type (Thousand Metric Tons), 2017-2021
3. Global Essential Oils Market Forecast: Breakup by Type (Thousand Metric Tons), 2022-2027
4. Global Essential Oils Historical Market: Breakup by Application (Thousand Metric Tons), 2017-2021
5. Global Essential Oils Market Forecast: Breakup by Application (Thousand Metric Tons), 2022-2027
6. Global Essential Oils Historical Market: Breakup by Region (Thousand Metric Tons), 2017-2021
7. Global Essential Oils Market Forecast: Breakup by Region (Thousand Metric Tons), 2022-2027
8. North America Essential Oils Historical Market: Breakup by Country (Thousand Metric Tons), 2017-2021
9. North America Essential Oils Market Forecast: Breakup by Country (Thousand Metric Tons), 2022-2027
10. Europe Essential Oils Historical Market: Breakup by Country (Thousand Metric Tons), 2017-2021
11. Europe Essential Oils Market Forecast: Breakup by Country (Thousand Metric Tons), 2022-2027
12. Asia Pacific Essential Oils Historical Market: Breakup by Country (Thousand Metric Tons), 2017-2021
13. Asia Pacific Essential Oils Market Forecast: Breakup by Country (Thousand Metric Tons), 2022-2027
14. Latin America Essential Oils Historical Market: Breakup by Country (Thousand Metric Tons), 2017-2021
15. Latin America Essential Oils Market Forecast: Breakup by Country (Thousand Metric Tons), 2022-2027
16. Middle East and Africa Essential Oils Historical Market: Breakup by Country (Thousand Metric Tons), 2017-2021
17. Middle East and Africa Essential Oils Market Forecast: Breakup by Country (Thousand Metric Tons), 2022-2027
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. Global Essential Oils Market Structure
Key Questions Answered in the Report
In 2020, the global essential oils market attained a volume of nearly 177.6 thousand metric tons.
The market is projected to grow at a CAGR of 8.8% between 2022 and 2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach a volume of 294.5 thousand metric tons by 2026.
The major drivers of the industry, such as the growing demand for natural products, increasing awareness regarding health and wellness, and the rising demand across significant industries, are expected to aid the market growth.
The key market trend guiding the growth of the market includes the rising consumer awareness of the multiple uses of the product.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Mentha oil, orange oil, peppermint oil, and clove oil, among others, are the leading of the product in the industry.
Flavour and fragrance, industrial, and pharmaceuticals are the major applications of the product.
The major players in the industry are Lebermuth, Inc., Sydney Essential Oil Co., Biolandes SA, Young Living Essential Oils, Farotti SRL, Robertet SA, and Givaudan SA, among others.
Analyst Review
The global essential oils market attained a volume of nearly 177.6 thousand metric tons in 2020, driven by growing demand for natural products. Aided by the rising consumer awareness of the product, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.8%. The market is projected to reach a volume of 294.5 thousand metric tons by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into mentha oil, orange oil, peppermint oil, clove oil, and others. On the basis of applications, the industry is divided into flavour and fragrance, industrial, and pharmaceuticals. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Lebermuth, Inc., Sydney Essential Oil Co., Biolandes SA, Young Living Essential Oils, Farotti SRL, Robertet SA, and Givaudan SA, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateFive User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
The global abrasives market attained a value of USD 45.2 billion in 2021, driven by the thriving end user industries of the product. Aided by the technological advancements in the aerospace industry, ...
The global geotextile tubes market attained a value of about USD 4.1 billion in 2021, driven by the increasing use of geotextile tubes in wastewater treatment. Aided by the growing applicability of ge...
The global oilfield chemicals market attained a value of USD 23.6 billion in 2020, driven by the growth in oil and gas exploration activities. Aided by the emergence of eco-friendly oilfield chemica...
The global 3D printing materials market attained a value of nearly USD 1.3 billion in 2020, driven by the increasing deployment of 3D printing technology in the healthcare industry. Aided by the growi...
The global samarium cobalt (SmCo) magnet market attained a value of nearly USD 468 million in 2020, driven by the rising use of samarium cobalt (SmCo) in medical devices. Aided by the growing use of s...
NEWSLETTER