Essential oils Market to See Major Growth by 2026
The global 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 forecast...
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...