Herb Oil Market - Global Industry Analysis

The herb oil market is set for a rapid growth over the forecast period. In terms of revenue, the global herb oil market accounted for USD 1174.76 Million in 2019 and is expected to Reach USD 1748.99 Million by 2026, growing at a CAGR of around 5.85%.

The leaves of both herbaceous plants and non-woody plants can be used to obtain herbs. Essential oils, also known as herb oils or herbal oils, are concentrated hydrophobic plant extracts in liquid form. These oils are generally used in alternative forms of medicine, such as aromatherapy. Some of the other uses of these oils that augment the growth of the herb oil market include its uses in the cosmetic and personal care industries, where the herb oils are used to manufacture perfumes, soaps, etc., and for adding flavors in several foods and beverages. These oils also have the potential to act as organic pesticides by reducing the dependence on artificial pesticides. Increased demand for herbal products and alternative medicines has been observed owing to which these products are gaining popularity. As a result, the herb oil market is expected to witness steady growth in the upcoming years. 

There are several factors that contribute to the growth of the global herb oil market. Some of these factors include the increasing consumer interest in seeking organic and natural solutions for the day-to-day issues. The millennial generation comprises the substantial population across the world that is one of the major driving forces responsible for popularizing the herb oil market. Hence, increasing health consciousness, the importance placed on physical fitness, and growing awareness among the people about alternative solutions to health issues will be the major growth factors for this market.

The global herb oil market can be divided based on product type and extraction method. Based on product type, the global herb oil market can be further bifurcated into basil, mint, thyme, and dill, among other herbs. Techniques like distillation, cold pressing, and solvent extraction, among many others are the segments of the market based on the extraction method. The global herb oil market can be further divided based on application into personal care and cosmetics, food and beverages, pharmaceutical, and aromatherapy, among others.

Based on regions, the global herb oil market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is anticipated to lead the herb oil market owing to the demand for basil in the personal care and cosmetics industry. Thyme as a product is highly popular in the pharmaceutical industry. This increasing demand is driving the market growth of Europe’s herb oil market. The developing economies, like China, India, etc., consist of the markets where the demand for herbal oil is still in its initial phase. Additionally, the food and beverage segment in the Asia Pacific region holds the maximum market potential for herb oils. The demand for herb oil in the personal care industry is also gaining popularity, which might continue in the upcoming years. 

The key market players of the global herb oil market include Givaudan, Symrise, Biolandes, Young Living Essential Oils LC, China Flavors and Fragrances, International Flavors & Fragrances Ltd., The Lebermuth, Citrus, and Allied Essences, DoTERRA International, Enio Bonchev Production Ltd., among several others.

Herb Oil Market: Regional Segment Analysis

• 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

• Chapter 1.Preface
  • 1.1.Report Description
  • 1.2.Report Scope
• Chapter 2.Research Methodology
  • 2.1.Research Methodology
  • 2.2.Secondary Research
  • 2.3.Primary Research
  • 2.4.Models
    • 2.4.1.Company Share Analysis Model
    • 2.4.2.Revenue Based Modeling
  • 2.5.Research Limitations
• Chapter 3.Executive Summary
  • 3.1.Global Herb Oil Market, 2016 – 2026 (USD Million)
  • 3.2.Global Herb Oil Market: Snapshot
• Chapter 4.Herb Oil Market – Industry Analysis
  • 4.1.Introduction
  • 4.2.Market Drivers
    • 4.2.1.Driving Factor 1 Analysis
    • 4.2.2.Driving Factor 2 Analysis:
  • 4.3.Market Restraints
    • 4.3.1.Restraining Factor Analysis
  • 4.4.Market Opportunities
    • 4.4.1.Market Opportunity & Use-case Anaysis
    • 4.4.2.Use – Cases for Herb Oil
  • 4.5.Porter’s Five Forces Analysis
  • 4.6.COVID 19 Impact Analysis
    • 4.6.1.1.Impact on Product Development and Technology Adoption
    • 4.6.1.2.Gap Analysis

• Chapter 5.Investment Proposition Analysis
  • 5.1.Global Herb Oil Market Attractiveness, By Product Type
  • 5.2.Global Herb Oil Market Attractiveness, By Extraction Method
  • 5.3.Global Herb Oil Market Attractiveness, By Region
• Chapter 6.Competitive Landscape
  • 6.1.Company Market Share Analysis - 2019
    • 6.1.1.Global Herb Oil Market: Company Market Share, 2019
  • 6.2.Strategic Developments
• Chapter 7.Herb Oil Market – Product Type Segment Analysis
  • 7.1.Global Herb Oil Market Overview: by Product Type
    • 7.1.1.Global Herb Oil Market Revenue Share, by Product Type, 2019 & 2026
  • 7.2.Global Herb Oil Market Analysis/Overview – By Product Type
    • 7.2.1.Basil – Overview/Analysis
    • 7.2.2.Mint – Overview/Analysis
    • 7.2.3.Thyme – Overview/Analysis
    • 7.2.4.Dill – Overview/Analysis
    • 7.2.5.Others – Overview/Analysis
  • 7.3.Basil
    • 7.3.1.Global Herb Oil Market for Basil, Revenue (USD Million) 2016 - 2026
  • 7.4.Mint
    • 7.4.1.Global Herb Oil Market for Mint, Revenue (USD Million) 2016 - 2026
  • 7.5.Thyme
    • 7.5.1.Global Herb Oil Market for Thyme, Revenue (USD Million) 2016 - 2026
  • 7.6.Dill
    • 7.6.1.Global Herb Oil Market for Dill, Revenue (USD Million) 2016 - 2026
  • 7.7.Others
    • 7.7.1.Global Herb Oil Market for Others, Revenue (USD Million) 2016 - 2026
• Chapter 8.Herb Oil Market – Extraction Method Segment Analysis
  • 8.1.Global Herb Oil Market Overview: by Extraction Method
    • 8.1.1.Global Herb Oil Market Revenue Share, by Extraction Method, 2019 & 2026
  • 8.2.Global Herb Oil Market Analysis/Overview – By Extraction Method
    • 8.2.1.Distillation – Overview/Analysis
    • 8.2.2.Culd Pressing – Overview/Analysis
    • 8.2.3.Sulvent Extraction – Overview/Analysis
    • 8.2.4.Others – Overview/Analysis
  • 8.3.Distillation
    • 8.3.1.Global Herb Oil Market for Distillation, Revenue (USD Million) 2016 - 2026
  • 8.4.Culd Pressing
    • 8.4.1.Global Herb Oil Market for Culd Pressing, Revenue (USD Million) 2016 - 2026
  • 8.5.Sulvent Extraction
    • 8.5.1.Global Herb Oil Market for Sulvent Extraction, Revenue (USD Million) 2016 - 2026
  • 8.6.Others
    • 8.6.1.Global Herb Oil Market for Others, Revenue (USD Million) 2016 - 2026
• Chapter 9.Herb Oil Market – Regional Analysis
  • 9.1.Global Herb Oil Market: Regional Overview
    • 9.1.1.Global Herb Oil Market Revenue Share, by Region, 2019 & 2026
    • 9.1.2.Global Herb Oil Market Revenue, by Region, 2016 – 2026 (USD Million)
  • 9.2.North America
    • 9.2.1.North America Herb Oil Market Revenue, 2016 - 2026 (USD Million)
    • 9.2.2.North America Herb Oil Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 9.2.3.North America Herb Oil Market Revenue, by Product Type, 2016 – 2026
    • 9.2.4.North America Herb Oil Market Revenue, by Extraction Method, 2016 – 2026
    • 9.2.5. U.S.
    • 9.2.6.Canada
    • 9.2.7.Mexico
  • 9.3.Europe
    • 9.3.1.Europe Herb Oil Market Revenue, 2016 - 2026 (USD Million)
    • 9.3.2.Europe Herb Oil Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 9.3.3.Europe Herb Oil Market Revenue, by Product Type, 2016 – 2026
    • 9.3.4.Europe Herb Oil Market Revenue, by Extraction Method, 2016 – 2026
    • 9.3.5.Germany
    • 9.3.6.France
    • 9.3.7. U.K.
    • 9.3.8.Italy
    • 9.3.9.Spain
    • 9.3.10.Rest of Europe
  • 9.4.Asia Pacific
    • 9.4.1.Asia Pacific Herb Oil Market Revenue, 2016 - 2026 (USD Million)
    • 9.4.2.Asia Pacific Herb Oil Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 9.4.3.Asia Pacific Herb Oil Market Revenue, by Product Type, 2016 – 2026
    • 9.4.4.Asia Pacific Herb Oil Market Revenue, by Extraction Method, 2016 – 2026
    • 9.4.5.China
    • 9.4.6.Japan
    • 9.4.7.India
    • 9.4.8.South Korea
    • 9.4.9.Rest of Asia Pacific
  • 9.5.Latin America
    • 9.5.1.Latin America Herb Oil Market Revenue, 2016 - 2026 (USD Million)
    • 9.5.2.Latin America Herb Oil Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 9.5.3.Latin America Herb Oil Market Revenue, by Product Type, 2016 – 2026
    • 9.5.4.Latin America Herb Oil Market Revenue, by Extraction Method, 2016 – 2026
    • 9.5.5.Brazil
    • 9.5.6.Rest of Latin America
  • 9.6.The Middle-East and Africa
    • 9.6.1.The Middle-East and Africa Herb Oil Market Revenue, 2016 - 2026 (USD Million)
    • 9.6.2.The Middle-East and Africa Herb Oil Market Revenue, by Country, 2016 – 2026 (USD Million)
    • 9.6.3.The Middle-East and Africa Herb Oil Market Revenue, by Product Type, 2016 – 2026
    • 9.6.4.The Middle-East and Africa Herb Oil Market Revenue, by Extraction Method, 2016 – 2026
    • 9.6.5.GCC Countries
    • 9.6.6.South Africa
    • 9.6.7.Rest of Middle-East Africa
• Chapter 10.Company Profiles
  • 10.1.Givaudan
    • 10.1.1.Company Overview
    • 10.1.2.Financial Overview
    • 10.1.3.Product Portfolio
    • 10.1.4.Business Strategy
    • 10.1.5.Recent Developments
  • 10.2.Symrise
  • 10.3.Biulandes
  • 10.4.Young Living Essential Oils LC
  • 10.5.China Flavors and Fragrances
  • 10.6.International Flavors & Fragrances Ltd.
  • 10.7.The Lebermuth
  • 10.8.Citrus
  • 10.9.Allied Essences
  • 10.1.DoTERRA International
  • 10.11.Enio Bonchev Production Ltd.