Product Code: TMRGL31019
Essential Oils Market - Scope of Report
TMR's report on the global essential oils market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global essential oils market for the period 2017-2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global essential oils market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the essential oils market.
Market Snapshot |
Market Value in 2022 | US$ 16.3 Bn |
Market Value in 2031 | US$ 31.3 Bn |
CAGR | 7.6% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global essential oils market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global essential oils market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global essential oils market.
The report delves into the competitive landscape of the global essential oils market. Key players operating in the global essential oils market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global essential oils market profiled in this report.
Key Questions Answered in Global essential oils Market Report:
- What is the sales/revenue generated by essential oils across all regions during the forecast period?
- What are the opportunities in the global essential oils market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Essential Oils Market - Research Objectives and Research Approach
The comprehensive report on the global essential oils market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global essential oils market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global essential oils market.
Table of Contents
1. Executive Summary
- 1.1. Global Market Outlook
- 1.2. Demand Side Trends
- 1.3. Key Facts and Figures
- 1.4. Trends Impacting Market
- 1.5. TMR's Growth Opportunity Wheel
2. Market Overview
- 2.1. Market Segmentation
- 2.2. Key Developments
- 2.3. Market Definitions
- 2.4. Key Market Trends
- 2.5. Market Dynamics
- 2.5.1. Drivers
- 2.5.2. Restraints
- 2.5.3. Opportunities
- 2.6. Global Essential Oils Market Analysis and Forecasts, 2023-2031
- 2.6.1. Global Essential Oils Market Volume (Kilo Tons)
- 2.6.2. Global Essential Oils Market Revenue (US$ Mn)
- 2.7. Porter's Five Forces Analysis
- 2.8. Regulatory Landscape
- 2.9. Value Chain Analysis
- 2.9.1. List of Manufacturers
- 2.9.2. List of Dealer/Distributors
- 2.9.3. List of Potential Customers
- 2.10. Product Specification Analysis
- 2.11. Production Overview
- 2.12. Cost Structure Analysis
3. COVID-19 Impact Analysis
- 3.1. Impact on Supply Chain of Essential Oils
- 3.2. Impact on Demand for Essential Oils - Pre & Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Production Output Analysis (Kilo Tons)
- 5.1. North America
- 5.2. Europe
- 5.3. Asia Pacific
- 5.4. Latin America
- 5.5. Middle East & Africa
6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031
- 6.1. Price Comparison Analysis by Product
- 6.2. Price Comparison Analysis by Application
- 6.3. Price Comparison Analysis by Region
7. Global Essential Oils Market Analysis and Forecast, by Product , 2023-2031
- 7.1. Introduction and Definitions
- 7.1.1. Global Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product, 2023-2031
- 7.1.2. Citrus Oil
- 7.1.3. Eucalyptus Oil
- 7.1.4. Clove Oil
- 7.1.5. Peppermint Oil
- 7.1.6. Basil Oil
- 7.1.7. Cornmint Oil
- 7.1.8. Spearmint Oil
- 7.1.9. Tea Tree Oil
- 7.1.10. Others
8. Global Essential Oils Market Analysis and Forecast, Application, 2023-2031
- 8.1. Introduction and Definitions
- 8.2. Global Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 8.2.1. Food and Beverages
- 8.2.2. Pharmaceuticals
- 8.2.3. Cosmetics & Toiletries
- 8.2.4. Aromatherapy
- 8.2.5. Homecare Products
- 8.2.6. Fragrances
- 8.2.7. Others
- 8.3. Global Essential Oils Market Attractiveness, by Application
9. Global Essential Oils Market Analysis and Forecast, by Region, 2023-2031
- 9.1. Key Findings
- 9.2. Global Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2023-2031
- 9.2.1. North America
- 9.2.2. Europe
- 9.2.3. Asia Pacific
- 9.2.4. Latin America
- 9.2.5. Middle East & Africa
- 9.3. Global Essential Oils Market Attractiveness, by Region
10. North America Essential Oils Market Analysis and Forecast, 2023-2031
- 10.1. Key Findings
- 10.2. North America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 10.3. North America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.4. North America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2023-2031
- 10.4.1. U.S. Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 10.4.2. U.S. Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.4.3. Canada Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Production Process, 2023-2031
- 10.4.4. Canada Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 10.5. North America Essential Oils Market Attractiveness Analysis
11. Europe Essential Oils Market Analysis and Forecast, 2023-2031
- 11.1. Key Findings
- 11.2. Europe Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.3. Europe Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4. Europe Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031
- 11.4.1. Germany Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.2. Germany Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.3. France Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.4. France Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.5. U.K. Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.6. U.K. Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.7. Italy Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.8. Italy Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.9. Russia & CIS Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.10. Russia & CIS Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.4.11. Rest of Europe Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 11.4.12. Rest of Europe Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 11.5. Europe Essential Oils Market Attractiveness Analysis
12. Asia Pacific Essential Oils Market Analysis and Forecast, 2023-2031
- 12.1. Key Findings
- 12.2. Asia Pacific Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product
- 12.3. Asia Pacific Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4. Asia Pacific Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031
- 12.4.1. China Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 12.4.2. China Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.3. Japan Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 12.4.4. Japan Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.5. India Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 12.4.6. India Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.7. ASEAN Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 12.4.8. ASEAN Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.4.9. Rest of Asia Pacific Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 12.4.10. Rest of Asia Pacific Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 12.5. Asia Pacific Essential Oils Market Attractiveness Analysis
13. Latin America Essential Oils Market Analysis and Forecast, 2023-2031
- 13.1. Key Findings
- 13.2. Latin America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product Production Process, 2023-2031
- 13.3. Latin America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4. Latin America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031
- 13.4.1. Brazil Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 13.4.2. Brazil Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4.3. Mexico Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 13.4.4. Mexico Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.4.5. Rest of Latin America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 13.4.6. Rest of Latin America Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 13.5. Latin America Essential Oils Market Attractiveness Analysis
14. Middle East & Africa Essential Oils Market Analysis and Forecast, 2023-2031
- 14.1. Key Findings
- 14.2. Middle East & Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 14.3. Middle East & Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4. Middle East & Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country and Sub-region, 2023-2031
- 14.4.1. GCC Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 14.4.2. GCC Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4.3. South Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 14.4.4. South Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.4.5. Rest of Middle East & Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Product , 2023-2031
- 14.4.6. Rest of Middle East & Africa Essential Oils Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Application, 2023-2031
- 14.5. Middle East & Africa Essential Oils Market Attractiveness Analysis
15. Competition Landscape
- 15.1. Market Players - Competition Matrix (by Tier and Size of Companies)
- 15.2. Market Share Analysis, 2022
- 15.3. Market Footprint Analysis
- 15.3.1. By Production Process
- 15.3.2. By End-use
- 15.4. Company Profiles
- 15.4.1. Givaudan SA
- 15.4.1.1. Company Revenue
- 15.4.1.2. Business Overview
- 15.4.1.3. Product Segments
- 15.4.1.4. Geographic Footprint
- 15.4.1.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.1.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.2. Young Living Essential Oils
- 15.4.2.1. Company Revenue
- 15.4.2.2. Business Overview
- 15.4.2.3. Product Segments
- 15.4.2.4. Geographic Footprint
- 15.4.2.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.2.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.3. Biolandes SAS
- 15.4.3.1. Company Revenue
- 15.4.3.2. Business Overview
- 15.4.3.3. Product Segments
- 15.4.3.4. Geographic Footprint
- 15.4.3.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.3.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.4. Robertet SA
- 15.4.4.1. Company Revenue
- 15.4.4.2. Business Overview
- 15.4.4.3. Product Segments
- 15.4.4.4. Geographic Footprint
- 15.4.4.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.4.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.5. Sensient Essential Oils
- 15.4.5.1. Company Revenue
- 15.4.5.2. Business Overview
- 15.4.5.3. Product Segments
- 15.4.5.4. Geographic Footprint
- 15.4.5.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.5.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.6. Essential Oils of New Zealand
- 15.4.6.1. Company Revenue
- 15.4.6.2. Business Overview
- 15.4.6.3. Product Segments
- 15.4.6.4. Geographic Footprint
- 15.4.6.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.6.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.7. doTerra
- 15.4.7.1. Company Revenue
- 15.4.7.2. Business Overview
- 15.4.7.3. Product Segments
- 15.4.7.4. Geographic Footprint
- 15.4.7.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.7.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.8. Veda Oils
- 15.4.8.1. Company Revenue
- 15.4.8.2. Business Overview
- 15.4.8.3. Product Segments
- 15.4.8.4. Geographic Footprint
- 15.4.8.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.8.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.9. AG Industries
- 15.4.9.1. Company Revenue
- 15.4.9.2. Business Overview
- 15.4.9.3. Product Segments
- 15.4.9.4. Geographic Footprint
- 15.4.9.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.9.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
- 15.4.10. Bo International
- 15.4.10.1. Company Revenue
- 15.4.10.2. Business Overview
- 15.4.10.3. Product Segments
- 15.4.10.4. Geographic Footprint
- 15.4.10.5. Production Process/Plant Details, etc. (*As Applicable)
- 15.4.10.6. Strategic Partnership, Production Process Expansion, New Product Innovation etc.
16. Primary Research: Key Insights
17. Appendix