MARKET OVERVIEW
Essential oils are aromatic compounds derived from plants. The aromatic compounds in essential oils give them their unique scent and flavor. Steam distillation or mechanical processes, such as cold pressing, are used to extract essential oils. Lavender, tea tree, lemon, rosehip, and eucalyptus are some of the most widely utilized essential oils for various applications such as food & beverages, personal care, pharmaceuticals & nutraceuticals, animal feed, and pet foods. The rising demand for natural flavors and extracts due to clean-label trends is driving the demand for essential oils market. Moreover, growing demand for essential oils from spas, massage centers, and aromatherapy centers is also boosting the essential oils market.
MARKET SCOPE AND REPORT FEATURES
Our report on "Global Essential Oils Market Analysis to 2028" encapsulate a detailed market analysis on key segments such as type and application of Essential Oils Market, and a deep dive statistical and qualitative analysis by geography covering five key regions and several countries. As a part of qualitative analysis report offers evaluation of key market dynamics such prevailing market driver, key challenges and opportunities that pave the path for future developments. Further, our analysis on the key competition provides a strategic viewpoint on the market initiatives, SWOT analysis, and highlights on the products and service developments of the players.
MARKET SEGMENTATION
Global Essential Oils Market - By Type
-Lavender
-Rosemary
-Eucalyptus
-Lemon
-Tea Tree
-Others
Global Essential Oils Market - By Application
-Food & Beverages
-Personal Care
-Pharmaceuticals and Nutraceuticals
-Others
MARKET DYNAMICS
REGIONAL INSIGHTS
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America (SAM). The essential oils market by each region is later sub segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the essential oils market in these regions.
MARKET PLAYERS
The report covers key developments in the essential oils market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from essential oils market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the essential oils market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Givaudan
-Sensient Technologies Corporation
-Symrise
-International Flavors and Fragrances Inc.
-Firmenich SA
-MANE
-DSM
-Elixarome Limited
-BORDAS S.A.
-De Monchy Aromatics
REPORT HIGHLIGHTS
Our report on Essential Oils Market cover following key parameters:
-Comprehensive market analysis at global, regional and country level
-Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
-Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
-Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)
-In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
-Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
-Impact of COVID`19 pandemic on ecosystem and the market
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.