Essential Oils Market Scope And Analysis

  • Report Code : TIPRE00003975
  • Category : Consumer Goods
  • No. of Pages : 150
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Essential Oils Market Report - Analysis by 2031

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Essential Oils Market Report Essential Oils Market Size and Share Essential Oils Market Scope and Analysis

Essential Oils Market Report Scope

Report Attribute Details
Market size in 2024 US$ 15.24 Billion
Market Size by 2031 US$ 24.39 Billion
Global CAGR (2025 - 2031) 6.9%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Lemon
  • Tea tree
  • Lavender
  • Rosemary
  • Eucalyptus
By Category
  • Organic and Conventional
By Application
  • Food & Beverages
  • Cosmetics & Personal Care
  • Aromatherapy
  • Household Cleaning Products
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Cargill Incorporated
  • Givaudan
  • Sensient Technologies Corporation
  • International Flavors and Fragrances Inc
  • Firmenich SA
  • MANE
  • DSM
  • Elixarome Limited
  • BORDAS S A

    • Essential Oils Market News and Recent Developments

    The essential oils market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion:

    • doTERRA – a US-based essential oil company, announced the launch of new sustainably sourced and natural essential oils. These newly launched essential oils include eucalyptus essential oil and guaiac wood essential oil. (Source: doTERRA, Press Release, 2022)
    • Phoenix Flavors and Fragrances, a leading compounder and developer of high-performance fragrances and flavors, announced the acquisition of Innovative Fragrances Inc. (IFI), an Atlanta-based developer and compounder of fragrance compounds that serve a diverse set of end markets, including candle, personal care, home fragrance, and other air fresheners. This acquisition of IFI aligns with the vision to create a market-leading developer of high-performance flavors and fragrances, supported by a strong team of regulatory experts and perfumers to meet customer-specific requirements and needs. (Source: Phoenix Flavors and Fragrances, Newsletter, 2022)

    Essential Oils Market Report Coverage and Deliverables

    The “Essential Oils Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles