Global Essential Oils Market to Grow at 8.39% During 2025-2033, Augmented by Increasing Popularity of Aromatherapy

November 13, 2024 | Food & Beverages

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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 2025-2033,” the global essential oils market size reached USD 13.2 Billion in 2024. 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, the market value is projected to reach USD 25.2 Billion by 2033, expanding at a CAGR of 8.39% during 2025-2033.

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	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
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
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)

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Global Essential Oils Market to Grow at 8.39% During 2025-2033, Augmented by Increasing Popularity of Aromatherapy

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