Herbal Oil Market Insights and Growth by 2031
MARKET INTRODUCTION Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Herbs can be obtained from the leaves of both non-woody plants and herbaceous. Herb oils or herbal oils, also known as essential oils, are liquid extracts obtained from hydrophobic plants. These oils are often used in complementary and alternative medicine, such as aromatherapy. These oils have the ability to serve as natural pesticides, eliminating the need for synthetic products. There has been an increase in demand for herbal products and natural medicines, indicating that these products are becoming more mainstream. As a result, in the coming years, the herbal oil demand is expected to expand steadily.
MARKET DYNAMIC
Factors driving the growth of the herbal oil market rising consumer preference for natural personal care products, and increasing demand for flavors and fragrances from key end-use industries. However, limited availability of raw materials is likely to hamper the growth of the market. Moreover, growing awareness for herbal products in developing markets is likely to create growth opportunities in the market.
MARKET SCOPE
The "Herbal Oil Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of herbal oil market with detailed market segmentation by type, and end user. The herbal oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in herbal oil market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The herbal oil market is segmented based on type, and end user. Based on type, the market is categorized as orange, corn mint, eucalyptus, citronella, clove leaf, and others. Based on end user, the market is categorized as pharmaceuticals, food and beverages, spa and salon products, cosmetics and personal care products, household cleaning products, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the herbal oil market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The herbal oil market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting herbal oil market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the herbal oil market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the herbal oil market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The herbal oil market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting herbal oil market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the herbal oil market in these regions.
MARKET PLAYERS
The report covers key developments in the herbal oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from herbal oil market are anticipated to have lucrative growth opportunities in the future with the rising demand for herbal oil in the global market. Below mentioned is the list of few companies engaged in the herbal oil market.
The report also includes the profiles of key players in herbal oil market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Farotti Essenze
- H.Reynaud & Fils (HRF)
- Falcon
- Moksha Lifestyle Products
- Biolandes
- Ungerer Limited
- TFS Corporation
- Essential Oils of New Zealand
- Young Living Essential Oils
- RK-Essential Oils
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Herbal Oil Market - By Type
1.3.2 Herbal Oil Market - By End User
1.3.3 Herbal Oil Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HERBAL OIL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HERBAL OIL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HERBAL OIL MARKET - GLOBAL MARKET ANALYSIS
6.1. HERBAL OIL - GLOBAL MARKET OVERVIEW
6.2. HERBAL OIL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HERBAL OIL MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ORANGE
7.3.1. Overview
7.3.2. Orange Market Forecast and Analysis
7.4. CORN MINT
7.4.1. Overview
7.4.2. Corn Mint Market Forecast and Analysis
7.5. EUCALYPTUS
7.5.1. Overview
7.5.2. Eucalyptus Market Forecast and Analysis
7.6. CITRONELLA
7.6.1. Overview
7.6.2. Citronella Market Forecast and Analysis
7.7. CLOVE LEAF
7.7.1. Overview
7.7.2. Clove Leaf Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. HERBAL OIL MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. PHARMACEUTICALS
8.3.1. Overview
8.3.2. Pharmaceuticals Market Forecast and Analysis
8.4. FOOD AND BEVERAGES
8.4.1. Overview
8.4.2. Food and Beverages Market Forecast and Analysis
8.5. SPA AND SALON PRODUCTS
8.5.1. Overview
8.5.2. Spa and Salon Products Market Forecast and Analysis
8.6. COSMETICS AND PERSONAL CARE PRODUCTS
8.6.1. Overview
8.6.2. Cosmetics and Personal Care Products Market Forecast and Analysis
8.7. HOUSEHOLD CLEANING PRODUCTS
8.7.1. Overview
8.7.2. Household Cleaning Products Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. HERBAL OIL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Herbal Oil Market Overview
9.1.2 North America Herbal Oil Market Forecasts and Analysis
9.1.3 North America Herbal Oil Market Forecasts and Analysis - By Type
9.1.4 North America Herbal Oil Market Forecasts and Analysis - By End User
9.1.5 North America Herbal Oil Market Forecasts and Analysis - By Countries
9.1.5.1 United States Herbal Oil Market
9.1.5.1.1 United States Herbal Oil Market by Type
9.1.5.1.2 United States Herbal Oil Market by End User
9.1.5.2 Canada Herbal Oil Market
9.1.5.2.1 Canada Herbal Oil Market by Type
9.1.5.2.2 Canada Herbal Oil Market by End User
9.1.5.3 Mexico Herbal Oil Market
9.1.5.3.1 Mexico Herbal Oil Market by Type
9.1.5.3.2 Mexico Herbal Oil Market by End User
9.2. EUROPE
9.2.1 Europe Herbal Oil Market Overview
9.2.2 Europe Herbal Oil Market Forecasts and Analysis
9.2.3 Europe Herbal Oil Market Forecasts and Analysis - By Type
9.2.4 Europe Herbal Oil Market Forecasts and Analysis - By End User
9.2.5 Europe Herbal Oil Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Herbal Oil Market
9.2.5.1.1 Germany Herbal Oil Market by Type
9.2.5.1.2 Germany Herbal Oil Market by End User
9.2.5.2 France Herbal Oil Market
9.2.5.2.1 France Herbal Oil Market by Type
9.2.5.2.2 France Herbal Oil Market by End User
9.2.5.3 Italy Herbal Oil Market
9.2.5.3.1 Italy Herbal Oil Market by Type
9.2.5.3.2 Italy Herbal Oil Market by End User
9.2.5.4 Spain Herbal Oil Market
9.2.5.4.1 Spain Herbal Oil Market by Type
9.2.5.4.2 Spain Herbal Oil Market by End User
9.2.5.5 United Kingdom Herbal Oil Market
9.2.5.5.1 United Kingdom Herbal Oil Market by Type
9.2.5.5.2 United Kingdom Herbal Oil Market by End User
9.2.5.6 Rest of Europe Herbal Oil Market
9.2.5.6.1 Rest of Europe Herbal Oil Market by Type
9.2.5.6.2 Rest of Europe Herbal Oil Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Herbal Oil Market Overview
9.3.2 Asia-Pacific Herbal Oil Market Forecasts and Analysis
9.3.3 Asia-Pacific Herbal Oil Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Herbal Oil Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Herbal Oil Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Herbal Oil Market
9.3.5.1.1 Australia Herbal Oil Market by Type
9.3.5.1.2 Australia Herbal Oil Market by End User
9.3.5.2 China Herbal Oil Market
9.3.5.2.1 China Herbal Oil Market by Type
9.3.5.2.2 China Herbal Oil Market by End User
9.3.5.3 India Herbal Oil Market
9.3.5.3.1 India Herbal Oil Market by Type
9.3.5.3.2 India Herbal Oil Market by End User
9.3.5.4 Japan Herbal Oil Market
9.3.5.4.1 Japan Herbal Oil Market by Type
9.3.5.4.2 Japan Herbal Oil Market by End User
9.3.5.5 South Korea Herbal Oil Market
9.3.5.5.1 South Korea Herbal Oil Market by Type
9.3.5.5.2 South Korea Herbal Oil Market by End User
9.3.5.6 Rest of Asia-Pacific Herbal Oil Market
9.3.5.6.1 Rest of Asia-Pacific Herbal Oil Market by Type
9.3.5.6.2 Rest of Asia-Pacific Herbal Oil Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Herbal Oil Market Overview
9.4.2 Middle East and Africa Herbal Oil Market Forecasts and Analysis
9.4.3 Middle East and Africa Herbal Oil Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Herbal Oil Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Herbal Oil Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Herbal Oil Market
9.4.5.1.1 South Africa Herbal Oil Market by Type
9.4.5.1.2 South Africa Herbal Oil Market by End User
9.4.5.2 Saudi Arabia Herbal Oil Market
9.4.5.2.1 Saudi Arabia Herbal Oil Market by Type
9.4.5.2.2 Saudi Arabia Herbal Oil Market by End User
9.4.5.3 U.A.E Herbal Oil Market
9.4.5.3.1 U.A.E Herbal Oil Market by Type
9.4.5.3.2 U.A.E Herbal Oil Market by End User
9.4.5.4 Rest of Middle East and Africa Herbal Oil Market
9.4.5.4.1 Rest of Middle East and Africa Herbal Oil Market by Type
9.4.5.4.2 Rest of Middle East and Africa Herbal Oil Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Herbal Oil Market Overview
9.5.2 South and Central America Herbal Oil Market Forecasts and Analysis
9.5.3 South and Central America Herbal Oil Market Forecasts and Analysis - By Type
9.5.4 South and Central America Herbal Oil Market Forecasts and Analysis - By End User
9.5.5 South and Central America Herbal Oil Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Herbal Oil Market
9.5.5.1.1 Brazil Herbal Oil Market by Type
9.5.5.1.2 Brazil Herbal Oil Market by End User
9.5.5.2 Argentina Herbal Oil Market
9.5.5.2.1 Argentina Herbal Oil Market by Type
9.5.5.2.2 Argentina Herbal Oil Market by End User
9.5.5.3 Rest of South and Central America Herbal Oil Market
9.5.5.3.1 Rest of South and Central America Herbal Oil Market by Type
9.5.5.3.2 Rest of South and Central America Herbal Oil Market by End User
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL HERBAL OIL MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. HERBAL OIL MARKET, KEY COMPANY PROFILES
12.1. FAROTTI ESSENZE
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. H.REYNAUD AND FILS (HRF)
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. FALCON
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MOKSHA LIFESTYLE PRODUCTS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. BIOLANDES
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. UNGERER LIMITED
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. TFS CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. ESSENTIAL OILS OF NEW ZEALAND
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. YOUNG LIVING ESSENTIAL OILS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. RK-ESSENTIAL OILS
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. Farotti Essenze
2. H.Reynaud & Fils (HRF)
3. Falcon
4. Moksha Lifestyle Products
5. Biolandes
6. Ungerer Limited
7. TFS Corporation
8. Essential Oils of New Zealand
9. Young Living Essential Oils
10. Enio Bonchev Production Ltd.
11. RK-Essential Oils
12. The Lebermuth Company
13. Givaudan
14. China Flavors and Fragrances
15. Allied Essences
16. DoTERRA International
17. International Flavors & Fragrances Ltd.
18. Symrise
19. Citrus
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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