Global Essential Oil Market, By Type (Singles, Blends), Products (Lavender Oil, Lemon Oil, Orange Oil, Frankincense, Chamomile Oil, Lime Oil, Rosemary, Tea Tree, Patchouli Oil, Lavandin Oil, Lemongrass Oil, Citronella Oil, Balsam, Bergamot, Mandarine Oil, Eucalyptus Oil, Clove Oil, Cedarwood Oil, Coriander Oil, Basil Oil, Cornmint Oil, Peppermint Oil, Spearmint Oil, Litsea Cubeba Oil, Others), Application (Spa and Relaxation, Cleaning and Home, Food and Beverages, Medical, Others), Extraction Method (Distillation, Cold Press Extraction, Carbon Dioxide Extraction, Solvent Extraction, Others), Distribution Channel (Direct, Retail), – Industry Trends and Forecast to 2029

ESSENTIAL OIL MARKET ANALYSIS AND INSIGHT

  • Data Bridge Market Research analyses that the essential oil market was valued at USD 16 million in 2021 and is expected to reach the value of USD 32.83 million by 2029, at a CAGR of 9.4% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

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COVID-19 Impact on Essential Oils Market

Despite the fact that the COVID-19 pandemic had a negative impact on several industries, the essential oils market grew during this time. As mentioned essential oils have antimicrobial, antioxidant, and anti-infective properties, they are used to treat a variety of health conditions such as stress, immunity disorders, sleep disorders, and depression. As a result, the importance of the essential oils market increased during the pandemic as the number of patients with mental health problems increased, propelling the market's growth.

Recent development

  • Firmenich completed the acquisition of Les Derives Résiniques et Terpeniques, a global leader in the development and supply of high-quality, renewable, and naturally derived ingredients, in May 2020. This acquisition would position Firmenich as a leader in renewable ingredients for perfumery and other applications.
  • dôTERRA announced several new essential oil products and diffusers in October 2020 and three new wellness programmes to help people focus on their specific health goals.
  • Givaudan acquired Myrissi in February 2021. Givaudan's long-term Fragrance & Beauty strategy would be aided by the acquisition of Myrissi. Their AI expertise would help Givaudan propose new organoleptic approaches to consumers.

ESSENTIAL OIL MARKET SEGMENTATION-

Extraction method

  • Distillation
  • Cold Press Extraction
  • Carbon Dioxide Extraction
  • Solvent Extraction
  • Others

Products

  • Lavender Oil
  • Lemon Oil
  • Orange Oil
  • Frankincense
  • Chamomile Oil
  • Lime Oil
  • Rosemary
  • Tea Tree
  • Patchouli Oil
  • Lavandin Oil
  • Lemongrass Oil
  • Citronella Oil
  • Balsam
  • Bergamot
  • Mandarine Oil
  • Eucalyptus Oil
  • Clove Oil
  • Cedarwood Oil
  • Coriander Oil
  • Basil Oil
  • Cornmint Oil
  • Peppermint Oil
  • Spearmint Oil
  • Litsea Cubeba Oil
  • Others

Application

  • Spa and Relaxation
  • Aromatherapy
  • Massage oil
  • Personal care
  • Fragrance
  • Cosmetics
  • Cleaning and Home
  • Food and Beverages
  • Medical
  • Others

Distribution channel

  • Direct
  • Retail
  • Supermarket/hypermarket
  • Online retailing

KEY MARKET COMPETITORS COVERED IN THE REPORT

  • GrainCorp (Australia)
  • Malteurop (France)
  • Rahr Corporation (US)
  • Boortmalt (Belgium)
  • Indesso, (Spain)
  • Lipoid Kosmetic AG,(Germany)
  • The Herbarie at Stoney Hill Farm, Inc.(U.S)
  • International Flavors& Fragrances, Inc.(Netherlands)
  • Bell Flavors& Fragrances (france)
  • Rutland Biodynamics Ltd. (Scotland)
  • Prakruti Products Pvt. Ltd (India)
  • AmbePhytoextractsPvt. Ltd. (Austria)
  • The Green Labs LLC (Nethelands)
  • Berje, Inc.(Italy)
  • Umalaxmi Organics Pvt. Ltd.(India)
  • DSM (Netherlands)

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/global-essential-oils-market

ESSENTIAL OIL MARKET COUNTRY LEVEL ANALYSIS

  • The countries covered in the Essential Oil Market report are
  • U.S.
  •  Canada
  •  and Mexico in North America
  •  Germany
  •  France
  •  U.K.
  •  Netherlands
  •  Switzerland
  •  Belgium
  •  Russia
  •  Italy
  •  Spain
  •  Turkey
  •  Rest of Europe in Europe
  •  China
  •  Japan
  •  India
  •  South Korea
  •  Singapore
  •  Malaysia
  •  Australia
  •  Thailand
  •  Indonesia
  •  Philippines
  •  Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
  •  Saudi Arabia
  •  U.A.E
  •  South Africa
  •  Egypt
  •  Israel

BASIC QUESTIONS ANSWERED

  • Who are the leading players dominating the Global Essential Oil Market?
  • Which factors could potentially hamper the global market growth during the forecast period?
  • Which regional market offers the most attractive growth opportunities to the companies operating in this market?
  • How is the raw material availability affecting the demand for Tracheostomy Products in this industry vertical?

MAJOR TOC OF THE REPORT

  • Introduction
  • Market Segmentation
  • Executive Summary
  • Premium Insight
  • Market Overview
  • Covid-19 Impact on Tracheostomy Products in Healthcare Industry
  • Essential Oil Market, by Product Type
  • Essential Oil Market, by Modality
  • Essential Oil Market, by Type
  • Essential Oil Market, by Mode
  • Essential Oil Market, by End User
  • Essential Oil Market, by Geography
  • Essential Oil Market, Company Landscape
  • Swot Analysis
  • Company Profiles
  • Related Reports

Get TOC Details- https://www.databridgemarketresearch.com/reports/global-essential-oils-market

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