Essential Oil And Aromatherapy Market Report
The report on the Global Essential Oil & Aromatherapy Market is segmented By Product (Essential Oils [Orange oils, Lemon oil, Eucalyptus oil, Clove oil, Peppermint oil, Jasmine oil, Rosemary oil, Cornmint oil, Lavender oil, Tea tree oil, Others], Blended Oils, Carrier Oils, Others), By Flavor (Fruits, Spices, Flowers, Herbs, Others), By Application (Food & Beverage, Medical, Personal Care [Cosmetics, Toiletries, Fragrances, Others], Homecare, Spa & Wellness Products, Others) and Region. It also covers COVID-19 Impact Analysis and Forecast to 2026. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global essential oil & aromatherapy market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Global Essential Oil & Aromatherapy Market is segmented By Product (Essential Oils [Orange oils, Lemon oil, Eucalyptus oil, Clove oil, Peppermint oil, Jasmine oil, Rosemary oil, Cornmint oil, Lavender oil, Tea tree oil, Others], Blended Oils, Carrier Oils, Others), By Flavor ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Global Essential Oil & Aromatherapy Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 8.2% during the forecast period.
Figure: Global Essential Oil & Aromatherapy Market Size, 2020-2026 (USD Million)
Wish to get a sample report? Click Here…
Essential oil & aromatherapy is the medicinal usage of plant-based products such as essential oils that are primarily used for healing purposes and to promote the psychological well-being of a person. It is considered one of the vital relaxation therapies and has thus gained popularity in the past few years. Moreover, it is combined with other therapeutic practices to improve the result of the therapy. It is also used to cure numerous health problems such as the common cold, acne, digestive problems, cough, etc.
Key players operating in the global essential oil & aromatherapy market are-
Want to know the full scope of the report? Register Here
Increasing demand for natural and unconventional treatment procedures has positively influenced market growth.
Based on application, the global essential oil & aromatherapy market has been bifurcated into food & beverage, medical, personal care, homecare, spa & wellness products, and others.
By region, the North American market accounted for the largest market share in 2020 and is likely to grow at a robust CAGR during the review period.
The COVID-19 pandemic has significantly affected the essential oil & aromatherapy industry due to stringent social distance and restricted movement of people. Also, the temporary and complete shutdown of spa & wellness centres across the globe further hampers the market growth. The cancelled appointments and postponing of spa appointments around the world further hinders the product demand.
The following is a list of the customers that the Essential Oil and Aromatherapy market aims to convert the most:
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The essential oil & aromatherapy market is expected to witness an impressive growth of 8.2% CAGR in the foreseeable future.
G Baldwin & Co (U.K.), DoTerra (The U.S.), Rocky Mountains Oil (The U.S.), Young Living Essential Oils (The U.S.), Mountain Rose Herbs (The U.S.), Thann (The U.S.), Ryohin Keikaku Co., Ltd. (Japan), Biolandes SAS (France), Essential Oils of New Zealand (New Zealand), and Falcon Essential Oils (India) are among the key players in the essential oil & aromatherapy market.
Increasing demand for natural and unconventional treatment procedures, rising trend of relaxation therapy for improving physical disorders, rising adoption for skin treatments are the factors driving the growth of essential oil & aromatherapy market.
North American market accounted for the largest market share in 2020 and is likely to grow at a robust CAGR during the review period.
The spa & wellness products segment held the highest market share in 2020 and is estimated to register a healthy CAGR during the review period.
Essential oil & aromatherapy companies, Spas & wellness centers, Toiletries, Food & beverage companies, Research Centers & Organizations are the target audience in the essential oil & aromatherapy market.