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Essential Oil Market Recorded 8.69% Y-O-Y Growth Rate in 2021 | Health Benefits of Essential Oils to Boost Growth | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jun 20, 2022, 08:20 ET

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NEW YORK, June 20, 2022 /PRNewswire/ -- The essential oil market size is set to grow by USD 5.04 billion from 2020 to 2025, progressing at a CAGR of 8.94% according to Technavio. Technavio categorizes the essential oil market as part of the global packaged foods and meats market. The research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the essential oil market during the forecast period.

For more highlights on the parent market analysis - Request a sample report.

Technavio has announced its latest market research report titled Essential Oil Market by Application and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Essential Oil Market by Application and Geography - Forecast and Analysis 2021-2025

Essential Oil Market 2021-2025: Scope

 Our essential oil market report covers the following areas:

  • Essential Oil Market size
  • Essential Oil Market trends
  • Essential Oil Market industry analysis

Essential Oil Market 2021-2025: Vendor Analysis

The essential oil market is fragmented and the vendors are deploying growth strategies such as organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including Aromaaz International, Bath, and Body Works Direct Inc., Biolandes Aromes SAS, doTERRA International LLC, Frontier Co-op, H. Reynaud, and Fils, NOW Health Group Inc., Sydney Essential Oil Co. Pty Ltd., The Lebermuth Co. Inc., and Young Living Essential Oils.

Essential Oil Market 2021-2025: Market Dynamics

Drivers: The health benefits of essential oils, expanding applications across various industries & expanding retail space will offer immense growth opportunities,

Challenges: The increasing availability of counterfeit products, low awareness in developing economies & the enforcement of stringent regulations on essential oils will challenge the growth of the market participants. 

The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. This essential oil market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth. 

Essential Oil Market 2021-2025: Segmentation Analysis

  • Application
    • Food And Beverages
    • Recreation
    • Others
  • Geography
    • Europe
    • North America
    • APAC
    • South America
    • MEA

To know about the market contribution of each segment - Grab a sample now!

Get ready to achieve excellent business outcomes from this exclusive Essential Oil Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as -

  • What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
  • What is the current trend taking place in the market space?
  • Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
  • What are market drivers, restraints, and challenges impacting demand & growth of the market?
  • Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Essential Oil Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don't wait, Make a strategic approach & boost your business goals with our Essential Oil Market Forecast Report - Buy Now!

Related Reports:

  •  The non-GMO animal feed market size is predicted to surge to USD 13.49 billion from 2021 to 2026 at a CAGR of 7.1%.
  • The vegan supplements market share in North America from 2021 to 2026 is USD 768.62 million at a progressing CAGR of 7.75%.

Essential Oil Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.94%

Market growth 2021-2025

USD 5.04 billion

Market structure

Fragmented

YoY growth (%)

8.69

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 37%

Key consumer countries

US, Germany, The Netherlands, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aromaaz International, Bath and Body Works Direct Inc., Biolandes Aromes SAS, doTERRA International LLC, Frontier Co-op, H. Reynaud and Fils, NOW Health Group Inc., Sydney Essential Oil Co. Pty Ltd., The Lebermuth Co. Inc., and Young Living Essential Oils

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Packaged Foods and Meats

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five Forces Summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 15: Application - Market share 2020-2025 (%)
  • 5.2 Comparison by Application
    • Exhibit 16: Comparison by Application
  • 5.3 Food and beverages - Market size and forecast 2020-2025
    • Exhibit 17: Food and beverages - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Food and beverages - Year-over-year growth 2020-2025 (%)
  • 5.4 Recreation - Market size and forecast 2020-2025
    • Exhibit 19: Recreation - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Recreation - Year-over-year growth 2020-2025 (%)
  • 5.5 Others - Market size and forecast 2020-2025
    • Exhibit 21: Others - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Others - Year-over-year growth 2020-2025 (%)
  • 5.6 Market opportunity by Application
    • Exhibit 23: Market opportunity by Application

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 25: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 26: Geographic comparison
  • 7.3 Europe - Market size and forecast 2020-2025
    • Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
  • 7.4 North America - Market size and forecast 2020-2025
    • Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 37: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 40: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 44: Market positioning of vendors
  • 10.3 Aromaaz International
    • Exhibit 45: Aromaaz International - Overview
    • Exhibit 46: Aromaaz International - Product and service
    • Exhibit 47: Aromaaz International - Key offerings
  • 10.4 Bath and Body Works Direct Inc.
    • Exhibit 48: Bath and Body Works Direct Inc. - Overview
    • Exhibit 49: Bath and Body Works Direct Inc. - Product and service
    • Exhibit 50: Bath and Body Works Direct Inc. - Key offerings
  • 10.5 Biolandes Aromes SAS
    • Exhibit 51: Biolandes Aromes SAS - Overview
    • Exhibit 52: Biolandes Aromes SAS - Product and service
    • Exhibit 53: Biolandes Aromes SAS - Key offerings
  • 10.6 doTERRA International LLC
    • Exhibit 54: doTERRA International LLC - Overview
    • Exhibit 55: doTERRA International LLC - Product and service
    • Exhibit 56: doTERRA International LLC - Key offerings
  • 10.7 Frontier Co-op
    • Exhibit 57: Frontier Co-op - Overview
    • Exhibit 58: Frontier Co-op - Product and service
    • Exhibit 59: Frontier Co-op - Key offerings
  • 10.8 H. Reynaud and Fils
    • Exhibit 60: H. Reynaud and Fils - Overview
    • Exhibit 61: H. Reynaud and Fils - Product and service
    • Exhibit 62: H. Reynaud and Fils - Key offerings
  • 10.9 NOW Health Group Inc.
    • Exhibit 63: NOW Health Group Inc. - Overview
    • Exhibit 64: NOW Health Group Inc. - Product and service
    • Exhibit 65: NOW Health Group Inc. - Key offerings
  • 10.10 Sydney Essential Oil Co. Pty Ltd.
    • Exhibit 66: Sydney Essential Oil Co. Pty Ltd. - Overview
    • Exhibit 67: Sydney Essential Oil Co. Pty Ltd. - Product and service
    • Exhibit 68: Sydney Essential Oil Co. Pty Ltd. - Key offerings
  • 10.11 The Lebermuth Co. Inc.
    • Exhibit 69: The Lebermuth Co. Inc. - Overview
    • Exhibit 70: The Lebermuth Co. Inc. - Product and service
    • Exhibit 71: The Lebermuth Co. Inc. - Key offerings
  • 10.12 Young Living Essential Oils
    • Exhibit 72: Young Living Essential Oils - Overview
    • Exhibit 73: Young Living Essential Oils - Product and service
    • Exhibit 74: Young Living Essential Oils - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 75: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 76: Research Methodology
    • Exhibit 77: Validation techniques employed for market sizing
    • Exhibit 78: Information sources
  • 11.4 List of abbreviations
    • Exhibit 79: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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