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Essential Oil Market
| Status : Published | Published On : May, 2024 | Report Code : VRFB11019 | Industry : Food & Beverage | Available Format :
|
Page : 190 |
Global Essential Oil Market - Analysis and Forecast (2025-2030)
Industry Insight by Type (Orange, Lemon, Eucalyptus, Peppermint, Clove Leaf, Lime, Cornmint, Citronella, Spearmint, Geranium, Jasmine, Tea Tree, Rosemary, Lavender, and Others), by Application (Food & Beverages, Medical, Animal Feed, Spa & Relaxation, Cleaning & Home, and Others), By Sales Channel (Direct Selling, Online Sales, and Others), By Method of Extraction (Distillation Method, Carbon Dioxide (CO2) Extraction, Cold Press Extraction, Solvent Extraction, Resin Tapping Extraction, Maceration and Others), By Source (Flowers, Herbs and Spices) and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)
Industry Overview
The Global Essential Oil Market Size is expected to rise at a CAGR of 9.5% during the forecast period from USD 10.7 billion in 2023 to USD 16.75 billion in 2030.
Essential oils refer to the concentrated extracts of different herbs and plants. These oils have a wide range of application, including by practitioners in natural and alternative health practices such as naturopath and aromatherapy. Essential oils contain active ingredients and smell stronger than plants due to higher concentration. These are extracted through different processes such as water distillation, cold pressing, and others. The global essential market is segregated into different parts based on different parameters. For example, it is divided by the product types out of which the orange segment dominates the market with the clove leaves segment following closely.
The market is also divided by its applications out of which the food & beverages segment dominates the market but the cleaning & home segment is also showing significant promise for growth. The market is further divided by direct selling, online, and other sales channels where the direct selling segment dominating the market and is closely followed by the online sales segment. The different methods of extracting essential oils also divides the market but distillation method, or steam distillation method to be more precise shows promises for growth due to the limitations in other methods.
The essential oils market is also divided into single and blend type formulation and also into flowers, herbs, and spices based on their sources. Though the choice of single or blend types is a matter of personal choice, the flower source dominates the market with the spices segment being its close competitor showing promises to surpass it.
Market Segmentation
Insight by Type
There are different types of essential oil available in the market and the market is divided accordingly, including but not limited to orange, lemon, eucalyptus, peppermint, clove leaf, lime, corn mint, citronella, spearmint, geranium, jasmine, tea tree, rosemary, lavender, and others.
Out of all these segments, the orange segment dominates the global essential oil market and is expected to hold its position during the forecast period. This is mainly due to its characteristic traits and benefits such as non-greasy and firm nature. It can treat acne, scars, and stretch marks, and is environment friendly, making it the preferred choice. It is used extensively in household cleaners, pest controls, and others which increases its demand, sales, and market growth.
On the other hand, the clove leaf segment is also expected to grow at a significant rate during the forecast period due to its strong germicide property. It is used extensively in dental applications as well as fragrance for soaps, toiletries, lotions, toothpaste, massage oils, perfumes, cosmetics, and more.
Insight by Application
The global essential oil market is divided into several segments based on their application such as food & beverages, medical, animal feed, spa & relaxation, cleaning & home, and others.
Out of all these segments, the food & beverages segment dominates the market and is expected to maintain its dominance throughout the forecast period due to higher adoption and use. The antimicrobial and antioxidant properties prevent or helps in controlling bacteria growing on food. The natural active ingredients cause no harmful effects as synthetic preservatives do.
However, the cleaning & home segment is also expected to grow at a fast rate during the forecast period due to the rising preference of consumers toward the adoption of a chemical-free solution for cleaning. The natural and non-toxic properties make them usable for a wide range of home cleaning purposes ensuring safety and personal care. The versatile nature makes them so popular and inexpensive solution, which pushes it market growth higher.
Insight by Sales Channel
Direct selling, online sales, and others are the segments in which the global essential oil market is divided into.
Out of these segments, the direct selling segment dominated the essential oils market with the majority of the market share. It is expected to grow during the forecast period due to absence of product distribution intermediaries and availability of wholesalers and regional distribution centers that add to the convenience.
On the other hand, the online sales segment is also expected to grow at a higher rate during the forecast period. This is due to the rise in the momentum of the eCommerce platforms and online sales channels, which is attributed further to the rise in adoption of smartphones and higher internet penetration. In addition, there are lot of benefits offered by the online sales channels such as discounts and free home delivery, which are driving the sales as well as the growth of the essential oils market on a global scale.
Insight by Method of Extraction
There are different methods followed for extracting essential oils from different plants and herbs such as distillation method, carbon dioxide (CO2) extraction, cold press extraction, solvent extraction, resin tapping extraction, maceration, and others.
Out of these segments, it is the distillation method segments that dominated the market contributing a larger share. It is expected to grow significantly during the forecast period due to the increased utilization of distilled essential oils in making aromatic compounds. Moreover, distillation is much more cost-effective and economical method of extraction as compared to other methods, which is why it is preferred more for the production of essential oils in a large scale. Out of all distillation processes, steam distillation is more popular due to its higher efficiency, lower investment requirements, and ability to carry out this process close to the production plant location.
In comparison, the other methods of extraction of essential oils are not so popular due to low yield and loss of volatile chemicals. These processes also leave hazardous solvents as residues and takes a long time to extract oils.
Insight by Source
According to the source of the essential oils extracted, the essential oils market worldwide is divided into flowers, herbs, and spices. Out of these three segments, the flower source segment dominates the market providing the highest revenue share to the market. It is also expected to grow during the forecast period due to a significant rise in the demand for natural and organic products that are appealing to end consumers.
On the other hand, the spices segment is also expected to grow significantly during the analysis period due to higher adoption and use across different industry verticals such as food & beverage, pharmaceutical, and perfumery and other varied end-use applications. Usually there are oleoresins available in the essential oil extracts which contribute to the fragrance, favor, and health benefits. This boosts its market growth.
Global Essential Oil Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 10.7 Billion |
|
Revenue Forecast in 2030 |
U.S.D. 16.75 Billion |
|
Growth Rate |
9.5% |
|
Segments Covered in the Report |
By Type and By Application |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Industry Trends
There is an increased use of essential oils in treating different health conditions such as immunity disorders, stress conditions, depression, and sleep disorders due to their antioxidant, antimicrobial, and anti-infective properties. This growing demand in turn boosts the global essential oils market growth.
Rising awareness among people about the simplicity and the growing demand for less synthetic ingredients is also noticed. This also leads to market expansion.The rise in demand for essential oils as natural preservatives is also seen which brightens the market prospects further. Major players in the industry are displaying their interest in improving their production and supply strategy as well as marketing approaches which increases product sales to meet the exponentially rise in demand for these products.
Major companies in the market are adopting different strategies to promote market growth such as collaborations, acquisitions, partnerships, and product launches. This helps them to increase their customer base and have a stronger foothold in the market.
Growth Drivers
The most significant growth driver of thew global essential oils market is the rising adoption for several applications such as flavor & fragrance, and more. Also, extensive use of these oil in aromatherapy especially has driven the market growth. This is mainly due to the psychological and physiological benefits provided by these oils to the body. Typically, essential oils are used as effective home remedies for several physical and psychological conditions.
Moreover, the rise in disposable income among people has also increased the demand and sales of essential oils for different purposes including massage, therapy, bathing, and more. There is a significant rise in public awareness about the importance of using essential oils. This has raised their interest in natural care which further propels product sales and growth of the market. Extensive use of essential oils across different settings including commercial, industrial, household applications, and healthcare sectors has also driven the growth of the market. Also, growing health awareness among people about natural and organic products and their sustainability has increased their adoption thereby pushing the global essential oils market northward.
Challenges
One of the most significant challenges that is hindering a smoother and faster growth of the global essential oil market is adulteration using synthetic adulterants. The high prices of these oils are also a major factor restraining the growth of the global essential oil market.
Opportunities
New opportunities are created for the global essential oils market to grow due to continual research and development processes to create more effective and affordable products. Most importantly, the therapeutic properties of essential oils create lucrative market opportunities for manufacturers in the global essential oil industry.
Geographic Overview
North America contributes the larger share in the essential oil market. This is mainly due to the increased presence of end-use industries in this region. It is also going to grow significantly during the forecast period due to the growing demand for these oils in the aromatherapy market as well as the rising awareness among people about the benefits of using essential oils.
On the other hand, Asia Pacific is also expected to display rapid growth during the forecast period. This is because it is the major market for natural antioxidants. Apart from that, the increased prominence of these oils in the health sector will also affect its growth positively. The region also has a more favorable condition for agriculture and cultivation of these plants, which, in turn increases the production and availability of raw materials. growing awareness among people about the significance of these oils is also propelling the growth of the essential oils market in this region.
Competitive Insight
Leading companies operating in the global Essential Oils Market are exhibiting a rise in product sales. Therefore, the market players in the industry are primarily focused on improving their supply and production strategy to fulfill the exponentially growing demand for the products and make effective marketing strategies. In addition, the demand for peppermint oil, tea tree oil, and eucalyptus oil, which have the potential as antiviral & antibacterial, and aromatherapy has increased in recent years.
Various companies operating in the Essential Oils Market are adopting various strategies to fulfill the increasing demand for essential oils like collaborations, acquisitions, product launches and expansions, and partnerships to offer extensive offerings, a wide customer base, and a strong foothold in the market.
Essential Oils of New Zealand Ltd. offers a comprehensive range of essential oils, vegetable (carrier) oils, essential oil blends, fragrances, perfumes, and flavors, as well as glass bottles. Experiments with more exotic plants like clary sage, imported cardamom seeds, Australian tea tree grown in Karamea, and New Zealand native kanuka and manuka oils have all contributed to a better understanding of essential oil crop management, harvesting, and distillation techniques, as well as the overwhelming importance of quality as a key ingredient in successfully marketing essential oils globally. These essential oils can be used by a massage therapist, a candle maker, an aromatherapy practitioner, a personal care products producer, or someone who utilizes essential oils to improve their well-being.
Young Living Essential Oils, LC, based in Lehi, Utah, is one of the prominent global leaders in essential oils and oil-infused products. Young Living is committed to industry leadership, setting the bar with its Seed to Seal® quality promise, which is built on three pillars: sourcing, science, and standards. These guiding principles enable Young Living to safeguard the environment while still providing pure, authentic items that members may use and share with friends and family.
Recent Development by Key Players
Young Living, the world leader of essential oils and oil-infused products has released two new products, Season Essentials and Red Cedar Bless essential oil blends. These products pack premier essential oils into potent blends for a stimulating experience.
The merger between Firmenich International SA and DSM has been completed, creating DSM-Firmenich AG, one of the leading innovators in nutrition, health, and beauty innovation.
Key Players Covered in the Report
Some of the industry players in the global Essential Oil Market included BIOLANDES, doTERRA, Essential Oils of New Zealand Ltd., Givaudan, Lebermuth, Inc., and Young Living Essentials Oils, LC., Cargill, Incorporated, Moksha Lifestyle Products, Firmenich SA, and International Flavors & Fragrances Inc.
The Essential Oil Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Type
- Orange
- Lemon
- Eucalyptus
- Peppermint
- Clove Leaf
- Lime
- Cornmint
- Citronella
- Spearmint
- Geranium
- Jasmine
- Tea Tree
- Rosemary
- Lavender
- Others
- By Application
- Food & Beverages
- Medical
- Animal Feed
- Spa & Relaxation
- Cleaning & Home
- Others
- By Sales Channel
- Direct Selling
- Online Sales
- Others
- By Method of Extraction
- Distillation Method
- Carbon Dioxide (CO2) Extraction
- Cold Press Extraction
- Solvent Extraction
- Resin Tapping Extraction
- Maceration
- Others
- By Source
- Flowers
- Herbs
- Spices
Geographical Segmentation
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
.png "Essential Oil Market Size and Market Analysis")
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Type
1.2.2. By Application
1.2.3. By Region
1.3. Research Phases
1.4. Limitations
1.5. Research Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. By Type
5.1.1. Orange
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Lemon
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.1.3. Eucalyptus
5.1.3.1. Market Definition
5.1.3.2. Market Estimation and Forecast to 2030
5.1.4. Peppermint
5.1.4.1. Market Definition
5.1.4.2. Market Estimation and Forecast to 2030
5.1.5. Clove Leaf
5.1.5.1. Market Definition
5.1.5.2. Market Estimation and Forecast to 2030
5.1.6. Lime
5.1.6.1. Market Definition
5.1.6.2. Market Estimation and Forecast to 2030
5.1.7. Citronella
5.1.7.1. Market Definition
5.1.7.2. Market Estimation and Forecast to 2030
5.1.8. Spearmint
5.1.8.1. Market Definition
5.1.8.2. Market Estimation and Forecast to 2030
5.1.9. Geranium
5.1.9.1. Market Definition
5.1.9.2. Market Estimation and Forecast to 2030
5.1.10. Jasmine
5.1.10.1. Market Definition
5.1.10.2. Market Estimation and Forecast to 2030
5.1.11. Tea Tree
5.1.11.1. Market Definition
5.1.11.2. Market Estimation and Forecast to 2030
5.1.12. Rosemary
5.1.12.1. Market Definition
5.1.12.2. Market Estimation and Forecast to 2030
5.1.13. Lavender
5.1.13.1. Market Definition
5.1.13.2. Market Estimation and Forecast to 2030
5.1.14. Others
5.1.14.1. Market Definition
5.1.14.2. Market Estimation and Forecast to 2030
5.2. By Application
5.2.1. Food & Beverages
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Medical
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Animal Feed
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.2.4. Spa & Relaxation
5.2.4.1. Market Definition
5.2.4.2. Market Estimation and Forecast to 2030
5.2.5. Cleaning & Home
5.2.5.1. Market Definition
5.2.5.2. Market Estimation and Forecast to 2030
5.2.6. Others
5.2.6.1. Market Definition
5.2.6.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Type
6.2. By Application
6.3. By Country
6.3.1. U.S. Market Estimate and Forecast
6.3.2. Canada Market Estimate and Forecast
6.3.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Type
7.2. By Application
7.3. By Country
7.3.1. Germany Market Estimate and Forecast
7.3.2. France Market Estimate and Forecast
7.3.3. U.K. Market Estimate and Forecast
7.3.4. Italy Market Estimate and Forecast
7.3.5. Spain Market Estimate and Forecast
7.3.6. Russia Market Estimate and Forecast
7.3.7. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Type
8.2. By Application
8.3. By Country
8.3.1. China Market Estimate and Forecast
8.3.2. Japan Market Estimate and Forecast
8.3.3. India Market Estimate and Forecast
8.3.4. South Korea Market Estimate and Forecast
8.3.5. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Type
9.2. By Application
9.3. By Country
9.3.1. Brazil Market Estimate and Forecast
9.3.2. Saudi Arabia Market Estimate and Forecast
9.3.3. South Africa Market Estimate and Forecast
9.3.4. U.A.E. Market Estimate and Forecast
9.3.5. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. BIOLANDES.
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. doTERRA.
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. Essential Oils of New Zealand Ltd.
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. Givaudan
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. Lebermuth, Inc.,
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Young Living Essentials Oils, LC.
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. Cargill, Incorporated
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. Firmenich SA
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. International Flavors & Fragrances Inc.
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Essential Oil Market, By Source, 2018 - 2023 (USD Billion)
Table 5 Global Essential Oil Market, By Source, 2025 - 2030 (USD Billion)
Table 6 Global Essential Oil Market, By Class, 2018 - 2023 (USD Billion)
Table 7 Global Essential Oil Market, By Class, 2025 - 2030 (USD Billion)
Table 8 Global Essential Oil Market, By Application, 2018 - 2023 (USD Billion)
Table 9 Global Essential Oil Market, By Application, 2025 - 2030 (USD Billion)
Table 10 Global Essential Oil Market, by Region, 2018 - 2023 (USD Billion)
Table 11 Global Essential Oil Market, by Region, 2025 - 2030 (USD Billion)
Table 12 North America Essential Oil Market, By Source, 2018 - 2023 (USD Billion)
Table 13 North America Essential Oil Market, By Source, 2025 - 2030 (USD Billion)
Table 14 North America Essential Oil Market, By Class, 2018 - 2023 (USD Billion)
Table 15 North America Essential Oil Market, By Class, 2025 - 2030 (USD Billion)
Table 16 North America Essential Oil Market, By Application, 2018 - 2023 (USD Billion)
Table 17 North America Essential Oil Market, By Application, 2025 - 2030 (USD Billion)
Table 18 North America Essential Oil Market, by Region, 2018 - 2023 (USD Billion)
Table 19 North America Essential Oil Market, by Region, 2025 - 2030 (USD Billion)
Table 20 Europe Essential Oil Market, By Source, 2018 - 2023 (USD Billion)
Table 21 Europe Essential Oil Market, By Source, 2025 - 2030 (USD Billion)
Table 22 Europe Essential Oil Market, By Class, 2018 - 2023 (USD Billion)
Table 23 Europe Essential Oil Market, By Class, 2025 - 2030 (USD Billion)
Table 24 Europe Essential Oil Market, By Application, 2018 - 2023 (USD Billion)
Table 25 Europe Essential Oil Market, By Application, 2025 - 2030 (USD Billion)
Table 26 Europe Essential Oil Market, by Region, 2018 - 2023 (USD Billion)
Table 27 Europe Essential Oil Market, by Region, 2025 - 2030 (USD Billion)
Table 28 Asia-Pacific Essential Oil Market, By Source, 2018 - 2023 (USD Billion)
Table 29 Asia-Pacific Essential Oil Market, By Source, 2025 - 2030 (USD Billion)
Table 30 Asia-Pacific Essential Oil Market, By Class, 2018 - 2023 (USD Billion)
Table 31 Asia-Pacific Essential Oil Market, By Class, 2025 - 2030 (USD Billion)
Table 32 Asia-Pacific Essential Oil Market, By Application, 2018 - 2023 (USD Billion)
Table 33 Asia-Pacific Essential Oil Market, By Application, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Essential Oil Market, by Region, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific Essential Oil Market, by Region, 2025 - 2030 (USD Billion)
Table 36 RoW Essential Oil Market, By Source, 2018 - 2023 (USD Billion)
Table 37 RoW Essential Oil Market, By Source, 2025 - 2030 (USD Billion)
Table 38 RoW Essential Oil Market, By Class, 2018 - 2023 (USD Billion)
Table 39 RoW Essential Oil Market, By Class, 2025 - 2030 (USD Billion)
Table 40 RoW Essential Oil Market, By Application, 2018 - 2023 (USD Billion)
Table 41 RoW Essential Oil Market, By Application, 2025 - 2030 (USD Billion)
Table 42 RoW Essential Oil Market, by Region, 2018 - 2023 (USD Billion)
Table 43 RoW Essential Oil Market, by Region, 2025 - 2030 (USD Billion)
Table 44 Snapshot – BIOLANDES.
Table 45 Snapshot – doTERRA.
Table 46 Snapshot – Essential Oils of New Zealand Ltd.
Table 47 Snapshot – Givaudan.
Table 48 Snapshot – Lebermuth, Inc.
Table 49 Snapshot – Young Living Essentials Oils, LC.
Table 50 Snapshot – Cargill, Incorporated.
Table 51 Snapshot – Moksha Lifestyle Products.
Table 52 Snapshot – Firmenich SA.
Table 53 Snapshot – International Flavors & Fragrances Inc.
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Essential Oil Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Essential Oil Market Highlight
Figure 12 Global Essential Oil Market, By Source, 2018 - 2030 (USD Billion)
Figure 13 Global Essential Oil Market, By Class, 2018 - 2030 (USD Billion)
Figure 14 Global Essential Oil Market, By Application, 2018 - 2030 (USD Billion)
Figure 15 Global Essential Oil Market, By Region, 2018 - 2030 (USD Billion)
Figure 16 North America Essential Oil Market Highlight
Figure 17 North America Essential Oil Market, By Source, 2018 - 2030 (USD Billion)
Figure 18 North America Essential Oil Market, By Class, 2018 - 2030 (USD Billion)
Figure 19 North America Essential Oil Market, By Application, 2018 - 2030 (USD Billion)
Figure 20 North America Essential Oil Market, By Region, 2018 - 2030 (USD Billion)
Figure 21 Europe Essential Oil Market Highlight
Figure 22 Europe Essential Oil Market, By Source, 2018 - 2030 (USD Billion)
Figure 23 Europe Essential Oil Market, By Class, 2018 - 2030 (USD Billion)
Figure 24 Europe Essential Oil Market, By Application, 2018 - 2030 (USD Billion)
Figure 25 Europe Essential Oil Market, By Region, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific Essential Oil Market Highlight
Figure 27 Asia-Pacific Essential Oil Market, By Source, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific Essential Oil Market, By Class, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Essential Oil Market, By Application, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific Essential Oil Market, By Region, 2018 - 2030 (USD Billion)
Figure 31 RoW Essential Oil Market Highlight
Figure 32 RoW Essential Oil Market, By Source, 2018 - 2030 (USD Billion)
Figure 33 RoW Essential Oil Market, By Class, 2018 - 2030 (USD Billion)
Figure 34 RoW Essential Oil Market, By Application, 2018 - 2030 (USD Billion)
Figure 35 RoW Essential Oil Market, By Region, 2018 - 2030 (USD Billion)
Global Essential Oils Market Coverage
Type Insight and Forecast 2025-2030
- Orange
- Lemon
- Eucalyptus
- Peppermint
- Clove Leaf
- Lime
- Cornmint
- Citronella
- Spearmint
- Geranium
- Jasmine
- Tea Tree
- Rosemary
- Lavender
- Others
Application Insight and Forecast 2025-2030
- Food & Beverages
- Medical
- Animal Feed
- Spa & Relaxation
- Cleaning & Home
- Others
Geographical Segmentation
Essential Oils Market by Region
North America
- By Type
- By Application
- By Country – U.S., Canada, and Mexico
Europe
- By Type
- By Application
- By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
Asia-Pacific (APAC)
- By Type
- By Application
- By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
Rest of the World (RoW)
- By Type
- By Application
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
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Global Essential Oil Market - Analysis and Forecast (2025-2030)
- The global essential oils market will grow at a CAGR of 9.5 % from USD 10.7 billion to USD 16.75 billion in 2030.
- The market is segregated by product type, application, sales channels, method of extraction, formulation type, and sources. Each of these segments or their subdivisions is expected to grow at a rapid rate during the forecast period.
- Essential oils are adopted and used extensively across a wide range of industry verticals such as food & beverage, healthcare, and household applications and more due to their healing and other significantly useful properties.
- Adulteration in essential oils using synthetic adulterants and high prices are the significant challenges to this market, though continual research and development processes to create more effective and affordable products and the beneficial properties create lucrative opportunities for market growth.
- North America is the largest contributor in terms of revenue due to presence of a large number of end-use industries and rising awareness among people about the benefits of essential oils. The Asia Pacific is also expected to grow swiftly due to favorable conditions and growing awareness among people about the significance of these oils.