Demand For Essential Oils is Growing Within The Cosmetics Industry
The global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value.
The market is growing due to its wide application and increased awareness among consumers globally. Essential oils are being used in new domains as they have various health benefits and less known side...
Essential Oils Market Regional Analysis & Global Forecast to 2027
The global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value.
The market is growing due to its wide application and increased awareness among consumers globally. Essential oils are being used in new domains as they have various health benefits and less known side...
Essential Oils Market Opportunities & Challenges for Manufacturers in Coming Years
The Essential Oils Market size is estimated to be valued USD 10.3 billion in 2021 and is expected to reach a value of USD 16.0 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period. In terms of volume, the essential oils market is estimated to account for 253.2 KT in 2021 and is expected to reach at 345.4 KT by 2026, growing at a CAGR of 6.4% during the...
Sustainable Growth Opportunities in the Essential Oils Market
The global essential oils market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022. The shifting trend towards preventive healthcare, coupled with an improved standard of living among consumers, are the major factors driving the market. Also, increasing cases of depression and anxiety disorders among consumers are seen to be contributing to the growing...
Rising Concern Regarding Animal Feed Quality and Ban on Antibiotics to Drive the Phytogenic Feed Additives Market Growth
The global phytogenic feed additives market size is estimated to be valued at USD 701 million in 2019 and is projected to reach USD 1,226 billion by 2025, growing at a CAGR of 9.8% during the forecast period. Phytogenics are non-antibiotic growth promoters representing a group of natural substances used in the livestock industry for nutrition. Phytogenics have evolved as a key feed additive, as they...
Growth in Awareness Toward Preventive Healthcare Drives the Essential Oils Market
The essential oils market is projected to reach USD 14.9 billion by 2025 at a CAGR of 15.7% from 2019. Various herbs and plants such as orange, eucalyptus, corn mint, peppermint, spearmint, geranium, citronella, lime, lemon, and clove leaf are the sources of essential oils. The various methods to extract essential oils include carbon dioxide extraction, cold press extraction, solvent extraction, and...
Essential Oils Market by Product Type, Method of Extraction, Application, and Region – Global Forecast to 2022
The report “Essential Oils Market by Product Type (Orange, Lemon, Lime, Peppermint, Citronella, Jasmine), Method of Extraction, Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), and Region – Global Forecast to 2022“, The essential oils market is projected to reach USD 11.19 Billion by 2022 growing at a CAGR of 8.83% from 2017 to 2022....
The Global Essential Oils Market has Grown Steadily in The Last Few Years
The Global Essential Oils Market has grown steadily in the last few years. The market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022. The shifting trend towards preventive healthcare, coupled with improved standard of living among consumers, are the major factors driving the essential oils market. Also, increasing cases of depression and anxiety disorders...