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India Essential Oil 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
Report Format: PDF+Excel | Report ID: SR112024A5422
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Market Overview:
The India essential oil market size reached US$ 172.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 306.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.62% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 172.1 Million |
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Market Forecast in 2032
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US$ 306.4 Million |
| Market Growth Rate 2024-2032 | 6.62% |
Essential oils are liquid extracts obtained from stems, roots, barks, leaves, fruits, woods, flowers and seeds through cold pressing, evaporation, oil drilling, steam distillation, wax plugging and resin pressing. Eucalyptus, rosemary, ylang-ylang, lemongrass, cedarwood, tea tree and lavender are some of the commonly available types of essential oils. They are widely used in aromatherapy diffusers, humidifiers, cleaning gels, spas, shampoos, kitchen cleaners and soaps. Essential oils exhibit antifungal, nematocidal, insecticidal, antiviral and antioxidant properties. They also assist in reducing inflammation, stress, anxiety, pain, and nausea, boosting mood, improving digestion and sleep, killing bacteria and relieving headaches. As a result, they are widely used in medicines, bakery and confectionery, cosmetics, beverages, and personal care and cleaning items.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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India Essential Oil Market Trends:
The significant growth in the food and beverage (F&B) industry in India is creating a positive outlook for the market. Essential oil is widely used as a flavoring agent and natural additive in candies, meats, soft drinks, chocolates, sauces, pickles and flavored desserts. Additionally, the widespread product adoption in aromatherapy and spas to ease anxiety, stress, long-term health issues and improve sleep is also favoring the market growth. Apart from this, various product innovations, such as the introduction of the product in innovative aromas and flavors, such as rose, hyssop, roman chamomile, myrrh and grapefruit are providing an impetus to the market growth. In line with this, the increasing demand for organic products with extended shelf life and additional health benefits has further intensified the product adoption amongst consumers. Other factors, including the increasing product utilization in medicines due to the rising number of dermatological, respiratory, and dental disorders, along with the implementation of various initiatives by the Government of India (GoI) to promote preventive healthcare are anticipated to drive the market further toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India essential oil market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on product, application and sales channel.
Breakup by Product:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Cedarwood Oil
- Eucalyptus Oil
- Lavender Oil
- Lemongrass Oil
- Rosemary Oil
- Tea Tree Oil
- Ylang Ylang Oil
- Others
Breakup by Application:
- Medical
- Pharmaceutical
- Nutraceuticals
- Food and Beverages
- Bakery and Confectionery
- Beverages
- Meat, Poultry and Seafood
- Others
- Spa and Relaxation
- Aromatherapy
- Personal Care
- Cosmetics
- Toiletries
- Others
- Cleaning
- Kitchen Cleaners
- Floor Cleaners
- Bathroom Cleaner
- Others
- Others
Breakup by Sales Channel:
- Offline Stores
- Online Stores
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Product, Application, Sales Channel, Region |
| Region Covered | North India, West and Central India, South India, East India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| 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) |
We expect the India essential oil market to exhibit a CAGR of 6.62% during 2024-2032.
The emergence of naturopathy, along with growing popularity of organic essential oils with extended shelf life and additional health benefits, is currently driving the India essential oil market.
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 application, the India essential oil market has been segmented into medical, food and beverages, spa and relaxation, cleaning, and others. Among these, the food and beverage sector currently represents the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where West and Central India currently dominates the market.
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