Praptihinge@123

1
Essential Oils Market Size, Share and Global
Trend By Type (Citrus, Eucalyptus, Lavender,
Rosemary, Tea Tree, and Others), Application
(Food Beverages, Personal Care Cosmetics,
Pharmaceuticals, and Others), and Geography
Forecast till 2050
Sample PDF
Buy Now
Get Discount
Published Date April 2019
Region Global
Report Format PDF
Base Year 2018
2
Essential Oils Market Size, Share and Global
Trend By Type (Citrus, Eucalyptus, Lavender,
Rosemary, Tea Tree, and Others), Application
(Food Beverages, Personal Care Cosmetics,
Pharmaceuticals, and Others), and Geography
Forecast till 2050
Fortune Business Insights has published a premium
research report on, titled, ESSENTIAL OILS
Market Size, Share and Global Trend by Type
(Citrus, Eucalyptus, Lavender, Rosemary, Tea
Tree, and Others), Application (Food Beverages,
Personal Care Cosmetics, Pharmaceuticals, and
Others), and Geography Forecast till 2026 GLOBAL
MARKET ANALYSIS, INSIGHTS AND FORECAST,
2015-2026 predicts that essential oils play a
crucial role in food and beverages,
pharmaceuticals, and cosmetics industry.
Essential oils are used in aromatherapy, which
is likely to gain prominence, especially among
people in urban areas. The growing inclination
for aromatherapy among the population is expected
to offer an upthrust to the essential oils market
growth. The food and beverage industry is
gradually transforming. The shift towards healthy
and organic food is fueling the demand for
essential oils. As per a report by Fortune
Business Insights, the Global Essential Oils
Market is expected to rise at a CAGR of 9.65
between 2019 and 2025. According to the report,
the global market for essential oils was worth
US 7.03 Bn in 2018 and is anticipated to reach
US 14.6 Bn by 2026. This shows that the
essential oils market size is expected to
increase in the forthcoming years.
3
Browse Summary of this Report https//www.fortun
ebusinessinsights.com/industry-reports/essential-o
ils-market-101063 The increasing importance for
herbal and natural treatment across the world is
fuelling demand for essential oils. In order to
enhance the flavor, some manufacturers add
synthetic chemicals to food products which can
adversely affect the health. Hence, manufacturers
are compelled to use a natural and organic
product such as essential oils to make the food
product more aesthetically appealing.
Essential Oils Market to Gain from Rising
Demand from Food Beverages Sector Essential
oils demand is increasing at a rapid pace in the
food and beverages sector. As per the report,
this sector holds a 46.1 share in the global
market, which expands the essential oils market
share. Increasing FDA approvals of essential oils
in this sector is expected to positively impact
the market. Biological properties such as
insecticidal, antiparasitic, and anti-toxigenic
offered by these oils is one of the primary
factors for their rising preference in food and
beverages industry. Use of essential oil in food
products increases their shelf-life and storage
capability. The market in North America and
Europe is expected to witness higher CAGR during
the forecast period (2019-2026). This is
attributable to the presence of a large number of
manufacturers in these regions. A large number of
cosmetic production firms present in Europe is
likely to surge regional market growth.
4
Request a Sample Copy of the Global Essential
Oils Market Research Report https//www.fortuneb
usinessinsights.com/enquiry/request-sample-pdf/ess
ential-oils-market-101063 Rising RD Activities
and Launch of Innovative Extraction Techniques to
Bolster Demand for Essential Oils Growing
research and development (RD) activities on
essential oils will help manufacturers to
understand the benefits of essential oils.
Botanists are also getting involved in several
extraction techniques, which will amplify the
demand for essential oils, said a lead analyst
at Fortune Business Insights. Customer
preference is shifting towards green and
sustainable products, which are multifunctional
in nature. This shift will stimulate growth in
the market, he added. Growing hospitality and
tourism industry is escalating demand for
aromatherapy. This, along with the rising usage
of natural active products in cosmetics and
pharmaceuticals, is boosting the essential oils
market growth. doTERRAs Personalized
Healthcare Vision to Help Market Grow Young
Living expanded its product offerings and
solutions to Philippines in November 2018. The
company aims to increase its market share and
maintain a strong foothold. The global essential
oils market is highly fragmented with the
presence of private and local companies. Several
companies are adopting technological advancements
to develop superior and high-quality products.
5
This will further help the market to grow
rapidly. A leading producer of essential oils,
doTERRA aims to offer personalized healthcare and
increase mental and physical functions through
essential oils. The company revealed a
custom-designed label for essential oil bottles
in July 2019. About Us Fortune Business
Insights offers expert corporate analysis and
accurate data, helping organizations of all sizes
make timely decisions. We tailor innovative
solutions for our clients, assisting them to
address challenges distinct to their businesses.
Our goal is to empower our clients with holistic
market intelligence, giving a granular overview
of the market they are operating in. Our reports
contain a unique mix of tangible insights and
qualitative analysis to help companies achieve
sustainable growth. Our team of experienced
analysts and consultants use industry-leading
research tools and techniques to compile
comprehensive market studies, interspersed with
relevant data. At Fortune Business Insights we
aim at highlighting the most lucrative growth
opportunities for our clients. We, therefore,
offer recommendations, making it easier for them
to navigate through technological and
market-related changes. Our consulting services
are designed to help organizations identify
hidden opportunities and understand prevailing
competitive challenges. Contact Us
6
Contact Us Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters, Survey No. 36,
Baner, Pune-Bangalore Highway, Pune - 411045,
Maharashtra, India. Phone US 1 424 253 0390 UK
44 2071 939123 APAC 91 744 740 1245 Email
sales_at_fortunebusinessinsights.com Website
Fortune Business Insights Follow us on LinkedIn
Twitter Blogs