Global Essential Oils Market to Grow at 7.8% During 2024-2032, Augmented by Increasing Popularity of Aromatherapy

August 05, 2021 | Food & Beverages

According to the latest report by IMARC Group, titled “Essential Oils Market Report by Product (Cedarwood Oil, Eucalyptus Oil, Lavender Oil, Lemongrass Oil, Rosemary Oil, Tea Tree Oil, Ylang Ylang Oil, and Others), Application (Medical, Food and Beverages, Spa and Relaxation, Cleaning, and Others), Sales Channel (Offline Stores, Online Stores), and Region 2024-2032,” the global essential oils market size reached US$ 12.2 Billion in 2023. Essential oils are aromatic liquids derived from plant materials through steam distillation. They are made of lipophilic, secondary plant metabolites, and principally mono- and sesquiterpenes. They are known to assist in reducing inflammation, treating sleep disorders like insomnia, and relieving stress, anxiety, headaches, and migraines. At present, their sales are increasing around the world on account of the growing popularity of aromatherapy.

Global Essential Oils Market Trends:

Essential oils are utilized in aroma pots or aroma diffusers to add natural fragrance at homes. This, along with the rising prevalence of respiratory, dermatological, and dental disorders, represents one of the key factors bolstering the growth of the market. Apart from this, they are widely used as decongestants, expectorants, carminatives, and antibacterial agents to treat cough, bronchitis, and other respiratory tract ailments. This, coupled with the growing use of essential oils as natural additives and flavoring agents in the preservation of food products, such as confections, candies, meat, pickles, and soft drinks, is positively influencing the market. Moreover, essential oils are widely used in manufacturing personal care products, such as soaps, perfumes, shampoos, and cleansing gels. Furthermore, the market is driven by the increasing product applications in improving the safety and quality of seafood, dairy products, cereal-based items, and minimally processed fruit and vegetables. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.8% during 2024-2032.

Market Summary:

  • Based on the product, the market has been divided into cedarwood, eucalyptus, lavender, lemongrass, rosemary, tea tree, ylang-ylang, and other oils.
  • On the basis of the application, the market has been classified into medical (pharmaceutical and nutraceuticals); food and beverages (bakery and confectionery, beverages, meat, poultry, and seafood, and others); spa and relaxation (aromatherapy, personal care, cosmetics, toiletries, and others); cleaning (kitchen cleaners, floor cleaners, bathroom cleaners, and others); and others. At present, the spa and relaxation segment holds the largest market share.
  • Based on the sales channel, the market has been bifurcated into offline and online stores. Presently, offline stores account for the majority of the total market share.
  • Region-wise, the market has been categorized into North America (the United States and Canada); Asia Pacific (India, Japan, China, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Mexico, Brazil, and others); and Middle East and Africa. Amongst these, Europe enjoys the leading position in the market.
  • The competitive landscape of the market has been examined, with some of the key players being Biolandes, SAS, doTERRA International, LLC, 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., The Lebermuth Company, Inc., Ungerer & Company, and Young Living Essential Oils.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Application, Sales Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:


USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Essential Oils Market to Grow at 7.8% During 2024-2032, Augmented by Increasing Popularity of Aromatherapy
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More