Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global Essential
Oil market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Essential Oil
market. The research also emphasizes on the impact
of restraints, drivers, and macro indicators on the regional and global Essential Oil
market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of global Essential
Oil market is offered. In
accordance with the report, the global Essential Oil market
is projected to expand at a CAGR of 10.3% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Essential oils
are extracted from plants and have strong aroma and flavor. These Essential
oils have several health benefits- for these characteristics, those oils are
typically used in aromatherapy, a part of alternative medicine. Essential oils
are either inhaled, or applied topically on the skin. When applied topically,
chemicals of the oils are partly absorbed or while inhaled, the chemical of the
oils stimulate the limbic system of the human body. The global Essential Oil market
is primarily driven by the growing trend of aromatherapy across worldwide.
According to a study, the global aromatherapy market is anticipated to reach to
US$ 2.5 Bn in 2027, growing by almost 10% during the upcoming period. The U.S.
and the Asia Pacific regions are predicted to capture significant share in the
global aromatherapy market. Prominent health benefits by from aromatherapy may
help the global Essential Oil market to grow in future. On the contrary,
volatility in the prices of raw materials and growing concern regarding the
consumer safety in the alternative medicine would likely to restrain the global
Essential Oil market in the upcoming future. However, medical tourism in the
developing countries may provide the global Essential Oil market an opportunity
to propel in future. In July 2019, Young Living Essential Oils, a stalwart in
the essential oil industry, acquired Nature’s Ultra, an independent provider of
pharmaceutical grade CBD products which are certified under federal law- this
acquisition helps Young Living Essential Oils to offer industry leading
solution for essential oils and other products required in alternative medicine
industry.
Segment Covered:
This market
intelligence report on the global Essential Oil
market encompasses segments based
on type and application. On the basis of type, the sub-market is foramen peppermint,
lavender, sandalwood, bergamot, rose, chamomile, Ylang-Ylang, tea, jasmine,
lemon and others. Based on application, the global Essential Oil market
has been segregated into cosmetic, mental health, headaches and migraines,
sleep and insomnia, antibiotic, pain and inflammation and others. By Geography,
the global Essential Oil market has been
divided into North America (the U.S., Canada), Latin America (Brazil, Mexico,
Argentina and other countries), Europe (Germany, France, the U.K., Spain,
Italy, Russia, and other countries), Asia Pacific (India, Japan, China,
Australia and New Zealand and other countries), Middle East and Africa (GCC,
South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence reportoffers profiling of reputed companies that are operating in
the market. Companies such as doTerra, Essential Oils of New Zealand, Falcon
Essential Oils, Farotti Srl, Biolandes SAS, Moksha Lifestyle Products, Rocky
Mountain Essential Oils, West India Spices, Inc, Young Living Essential Oils etc.
have been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Essential Oil
related investment & spending
and developments by major players of the market are tracked in this global
report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid pictureof the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is alsoprovided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This studyofferscomprehensive
yet detailed analysis of the Essential Oil market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2018 as the base year
Ø
It
explainsupcoming revenue opportunities across various market segments and
attractive matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Essential Oil
market is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as doTerra, Essential Oils of New Zealand, Falcon Essential
Oils, Farotti Srl, Biolandes SAS, Moksha Lifestyle Products, Rocky Mountain
Essential Oils, West India Spices, Inc, Young Living Essential Oils and among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technicalup gradation
Ø
The world
market for Essential Oil caters to the needs
of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Essential Oil market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Essential Oil
market
v
Identification
of key factors driving investment opportunities in the Essential
Oil market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop strategies
based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants