Essential Oils Market - By Sales Channel (Direct Selling and Others), By Application (Medical, Cleaning & Home, Spa & Relaxation, and Food & Beverages), By Product (Cardamom, Lemon, Clove, Lime, Garlic, Turmeric, Eucalyptus, Neem, Cinnamon, Basil, Juniper, Pepper mint, Cumin, and Ginger), and By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Description

The global essential oils market is slated record the CAGR of nearly 8.9% over the period from 2020 to 2026. The report offers assessment and analysis of the essential oils market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million).

Introduction

Essential oils are concentrated natural plant derivatives that are best sources of bioactive products having anti-oxidative and anti-microbial characteristics. These oils are used as disinfectants as well as relaxing, anti-inflammatory, anti-mutagenic, and stimulating materials. The compounds have huge potential for unraveling benefits of clinical medicine. For the record, procedures used for manufacturing essential oils are predicted to be introduced by Ibn-al-Baitar during 1188-1248. The chemical make-up of these compounds vary extensively based on their geographical sites, bacterial endophytes, botanical sites, genetics, and extraction methods.

Moreover, essential oils are extensively utilized in food, cosmetics, and flavor. In addition to this, the essential oils were used in traditional medicine and aromatherapy for treating ailments since many years. Many of the products derived from Lavandula angustifolia, Rosmarinus officinalis, Jasminum sambac, Nigella sativa, Eucalyptus globulus, Acorus gramineus, and Mentha piperita are reported to provide effective neuroprotective effects to the users. As per NCBI, research is going on across the globe to make essential oils available in the form of drugs to the people along with focusing on its kinetic profile and route of administration. Combination of essential oils and antibiotics can help in reduction of anti-biotic resistance of manifold-medicine resistant microbes.  Essential oils like eucalyptus oil displays inhibitory effects against pathogens like Lactobacillus acidophilus and hence these oils are used as anti-cariogenic agents.

Market Growth Dynamics

Essential oils are mainly utilized in food & cosmetic sectors and this may help the market gain traction over the coming years. These products find a spectrum of applications as natural substitutes to synthetic formulations for preventing & treating contagious ailments. Apparently, essential oils can treat nervous disorders, respiratory tract diseases, digestive system ailments, gynecological problems, heart disorders, andrological diseases, skin infections, and problems pertaining to endocrine.  Reportedly, few of these essential oils have exhibited anticancer activities. It possess anti-fungal as well as anti-viral properties and have good effect on Staphylococcus aureus that re resistant to methicillin.

According to NCBI, essential oils derived from lavandula stoechas L. demonstrates effective antimicrobial features against bacteria, yeasts, and filamentous fungi. For the record, in vitro studies have unleashed anti-bacterial impact of essential oils. NIH researchers performed in vitro, in vivo, and clinical experiments on essential oils and found them to be effective against Alzheimer disease, dementia, neurological disorders, depression, epilepsy, and anxiety. In addition to this, essential oils have anti-aging and neuroprotective potential, thereby further driving the market trends.

It has been found that the products are effective against various pathological targets and have enhanced cognitive performance in humans as well as animal models. Apparently, Essential oils are likely to be developed as multi-potent medicines against neural ailments and can prove as safe and cost-effective drugs. Studies have revealed the products to be beneficial during oral therapy in dentistry and can enhance the quality of dental treatment. Nonetheless, the preparation of these essential oils can cause intoxication and neurotoxicity in humans as well as can impact the skin, thereby hindering the market growth.

Asia Pacific Market To Witness Fastest Growth Over Forecast Timeline

The growth of the market in the sub-continent over 2020-2026 is owing to rise in the incidence of dental problems and neurological disorders in the countries like India and China. In addition to this, rise in the demand for natural items will further embellish the market growth in the region over the coming years. Apart from this, humungous use of these products for improving flavor and fragrance of food & personal care and cosmetic items will boost the market progression in the Asia Pacific zone over the forthcoming years.  

Key players driving the market growth are NOW Foods, Ungerer and Company, Inc., Young Living Essential Oils, Flavex Naturextrakte GmbH, DoTerra, The Lebermuth Company, Essential Oils of New Zealand, India Essential Oils, and West India Spices Inc.

The global essential oils market is segmented as follows:

By Product

• Acorus Calamus
• Ajowan
• Basil
• Black pepper
• Cardamom
• Carrot Seed
• Cassia
• Cedarwood
• Celery
• Cinnamon
• Citronella
• Ciz-3 Hexanol
• Clove
• Cornmint
• Cumin Seed
• Curry Leaf
• Cypriol
• Davana
• Dill Seed
• De-Mentholised Peppermint
• Eucalyptus
• Fennel
• Frankincense
• Garlic
• Ginger
• Holy Basil
• Juniper Berry
• Lemon
• Lemongrass
• Lime
• Mace
• Mustard
• Neem
• Nutmeg
• Orange
• Palmarosa
• Pepper Mint
• Rosemary
• Spearmint
• Tea Tree
• Turmeric
• Vetiver
• Others

By Application

• Medical
  • Pharmaceutical
  • Nutraceuticals
• Food & Beverages
  • Bakery
  • Confectionery
  • Dairy
  • RTE meals
  • Beverages
  • Meat, Poultry & Seafood
  • Snacks & Nutritional Bars
• Spa & Relaxation
  • Aromatherapy
  • Massage Oil
  • Personal Care
    • Cosmetics
      • Hair Care
      • Skin Care
      • Sun Care
      • Makeup and color cosmetics
    • Toiletries
      • Soaps
      • Shampoos
      • Men's Grooming
      • Oral Care
      • Baby Care
    • Fragrances
      • Perfumes
      • Body Sprays
      • Air fresheners
• Cleaning & Home
  • Kitchen Cleaners
  • Floor Cleaners
  • Bathroom Cleaner
  • Fabric Care

By Sales

• Direct Selling
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Table Of Content

• Chapter 1. Preface
  • 1.1. Report Description and Scope
  • 1.2. Research Scope
  • 1.3. Research Methodology
    • 1.3.1. Market Research Process
    • 1.3.2. Market Research Methodology
• Chapter 2. Executive Summary
  • 2.1. Essential Oils Market, 2016–2026(USD Million)
  • 2.2. Essential Oils Market: Snapshot
• Chapter 3. Global Essential Oils Market– Industry Analysis
  • 3.1. Essential Oils Market: Market Dynamics
  • 3.2. Market Drivers
    • 3.2.1. Essential oils can treat nervous disorders, respiratory tract diseases, digestive system ailments, gyneculogical problems, heart disorders, andrulogical diseases, skin infections, and problems pertaining to endocrine, thereby prompting the growth of Essential Oils Market.
    • 3.2.2. Essential oils have anti-aging and neuroprotective potential, thereby further driving the market trends.
  • 3.3. Porter’s Five Forces Analysis
  • 3.4. Market Attractiveness Analysis
    • 3.4.1. Market attractiveness analysis By Product
    • 3.4.2. Market attractiveness analysis By Sales
    • 3.4.3. Market attractiveness analysis By Application
• Chapter 4. Global Essential Oils Market– Competitive Landscape
  • 4.1. Company market share analysis
    • 4.1.1. Global Essential Oils Market: company market share, 2019
  • 4.2. Strategic development
    • 4.2.1. Acquisitions & mergers
    • 4.2.2. New Product launches
    • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
    • 4.2.4. Research and development and Regional expansion
  • 4.3. Price trend analysis
• Chapter 5. Global Essential Oils Market–Product Analysis
  • 5.1. Global Essential Oils Market overview: By Product
    • 5.1.1. Global Essential Oils Market share, By Product , 2019 and 2026
  • 5.2. Cardamom
    • 5.2.1. Global Essential Oils Market by Cardamom , 2016–2026(USD Million)
  • 5.3. Lemon
    • 5.3.1. Global Essential Oils Market by Lemon, 2016–2026(USD Million)
  • 5.4. Clove
    • 5.4.1. Global Essential Oils Market by Clove, 2016–2026(USD Million)
  • 5.5. Lime
    • 5.5.1. Global Essential Oils Market by Lime, 2016–2026(USD Million)
  • 5.6. Garlic
    • 5.6.1. Global Essential Oils Market by Garlic, 2016–2026(USD Million)
  • 5.7. Turmeric
    • 5.7.1. Global Essential Oils Market by Turmeric, 2016–2026(USD Million)
  • 5.8. Eucalyptus
    • 5.8.1. Global Essential Oils Market by Eucalyptus, 2016–2026(USD Million)
  • 5.9. Neem
    • 5.9.1. Global Essential Oils Market by Neem, 2016–2026(USD Million)
  • 5.10. Cinnamon
    • 5.10.1. Global Essential Oils Market by Cinnamon, 2016–2026(USD Million)
  • 5.11. Basil
    • 5.11.1. Global Essential Oils Market by Basil, 2016–2026(USD Million)
  • 5.12. Juniper
    • 5.12.1. Global Essential Oils Market by Juniper, 2016–2026(USD Million)
  • 5.13. Pepper mint
    • 5.13.1. Global Essential Oils Market by Pepper mint, 2016–2026(USD Million)
  • 5.14. Cumin
    • 5.14.1. Global Essential Oils Market by Cumin, 2016–2026(USD Million)
  • 5.15. Ginger
    • 5.15.1. Global Essential Oils Market by Ginger, 2016–2026(USD Million)
• Chapter 6. Global Essential Oils Market–Sales Analysis
  • 6.1. Global Essential Oils Market overview: By Sales
    • 6.1.1. Global Essential Oils Market share, By Sales , 2019 and 2026
  • 6.2. Direct Selling
    • 6.2.1. Global Essential Oils Market by Direct Selling, 2016–2026(USD Million)
  • 6.3. Others
    • 6.3.1. Global Essential Oils Market by Others, 2016–2026(USD Million)
• Chapter 7. Global Essential Oils Market–Application Analysis
  • 7.1. Global Essential Oils Market overview: By Application
    • 7.1.1. Global Essential Oils Market share, By Application , 2019 and 2026
  • 7.2. Medical
    • 7.2.1. Global Essential Oils Market by Medical, 2016–2026(USD Million)
  • 7.3. Cleaning & Home
    • 7.3.1. Global Essential Oils Market by Cleaning & Home, 2016–2026(USD Million)
  • 7.4. Spa & Relaxation
    • 7.4.1. Global Essential Oils Market by Spa & Relaxation, 2016–2026(USD Million)
  • 7.5. Food & Beverages
    • 7.5.1. Global Essential Oils Market by Food & Beverages, 2016–2026(USD Million)
• Chapter 8. Company Profiles
  • 8.1. Young Living Essential Oils
    • 8.1.1. Overview
    • 8.1.2. Financials
    • 8.1.3. Product Portfolio
    • 8.1.4. Business Strategy
    • 8.1.5. Recent Developments
  • 8.2. DoTerra
    • 8.2.1. Overview
    • 8.2.2. Financials
    • 8.2.3. Product Portfolio
    • 8.2.4. Business Strategy
    • 8.2.5. Recent Developments
  • 8.3. The Lebermuth Company
    • 8.3.1. Overview
    • 8.3.2. Financials
    • 8.3.3. Product Portfolio
    • 8.3.4. Business Strategy
    • 8.3.5. Recent Developments
  • 8.4. Essential Oils of New Zealand
    • 8.4.1. Overview
    • 8.4.2. Financials
    • 8.4.3. Product Portfolio
    • 8.4.4. Business Strategy
    • 8.4.5. Recent Developments
  • 8.5. India Essential Oils
    • 8.5.1. Overview
    • 8.5.2. Financials
    • 8.5.3. Product Portfolio
    • 8.5.4. Business Strategy
    • 8.5.5. Recent Development
  • 8.6. NOW Foods
    • 8.6.1. Overview
    • 8.6.2. Financials
    • 8.6.3. Product Portfolio
    • 8.6.4. Business Strategy
    • 8.6.5. Recent Development
  • 8.7. Ungerer and Company, Inc.
    • 8.7.1. Overview
    • 8.7.2. Financials
    • 8.7.3. Product Portfolio
    • 8.7.4. Business Strategy
    • 8.7.5. Recent Development
  • 8.8. Flavex Naturextrakte GmbH
    • 8.8.1. Overview
    • 8.8.2. Financials
    • 8.8.3. Product Portfolio
    • 8.8.4. Business Strategy
    • 8.8.5. Recent Development
  • 8.9. West India Spices Inc.
    • 8.9.1. Overview
    • 8.9.2. Financials
    • 8.9.3. Product Portfolio
    • 8.9.4. Business Strategy
    • 8.9.5. Recent Development

Methodology