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The global essential oils market was valued at US$ 10.3 Billion in 2021.
We expect the global essential oils market to exhibit a CAGR of 9.4% during 2022-2027.
The emergence of naturopathy, along with growing popularity of organic essential oils with
extended shelf-life and additional health benefits,?is primarily driving the global essential oils
The sudden outbreak of the COVID-19 pandemic has led to the shifting consumer preferences from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of various essential oils.
Based on the product, the global essential oils market can be categorized into cedarwood oil,
eucalyptus oil, lavender oil, lemongrass oil, rosemary oil, tea tree oil, ylang ylang oil, and others.
Currently, tea tree oil exhibits clear dominance in the market.
Based on the application, the global essential oils market has been segmented into medical, food
and beverages, spa and relaxation, cleaning, and others. Among these, the spa and relaxation sector
currently represents the largest market share.
Based on the sales channel, the global essential oils market can be bifurcated into offline stores and
online stores. Currently, offline stores account for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where Europe currently dominates the global market.
Some of the major players in the global essential oils market include Biolandes, doTerra, Essential
Oils of New Zealand Ltd., Falcon Essential Oils, Farotti S.R.L., FLAVEX Naturextrakte GmbH, H.
Reynaud & Fils, India Essential Oils, Moksha Lifestyle Products, Rocky Mountain Oils LLC, Sydney
Essential Oil Co. (SEOC), The Lebermuth Company, Ungerer Limited, and Young Living Essential Oils.
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