DUBLIN–(BUSINESS WIRE)–The “Essential Oil Market 2019-2025” report has been added to ResearchAndMarkets.com’s offering.
The global essential oil market is projected to grow at a significant CAGR during the forecast period. The primary factors that drive the growth of the market include the increased use of the essential oil owing to the various health benefits offered by it. Unlike the allopathy and other conventional medicines and drugs, essential oils do not have any side effects which encourages the end users to adopt it and in turn increases the growth of the market during the forecast period. However, the higher prices of the oil can hamper the growth of the essential oil industry over the forecast period.
The global essential oil market is segmented on the basis of product type and applications. Based on the product types, the market is segmented into lavender oil, eucalyptus oil, peppermint oil, lemon oil, rosemary oil, and other oil. Based on the application, the market is segmented into food and beverages, medical, spa & relaxation, and other applications. Amongst the product type, lavender oil holds a significant share in the market. Whereas, amongst the applications, the spa & relaxation segment is estimated to contribute a prominent share to the market growth.
Geographically, the study of the global essential oil market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. Europe is estimated to hold a prominent share in the market, while Asia-Pacific is estimated to exhibit significant growth during the forecast period.
Further, Biolandes SAS, DoTERRA International LLC, Edens Gardens Inc., NOW Foods, Plant Therapy, Inc., Rocky Mountain Oil LLC, Soulflower Co. Ltd., and Young Living Essential Oil are some of the prominent players operating in the global essential oil market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market. For instance, in November 2018, Young Living Essential Oil company started its services in the Philippines ‘Southeast Asian market in order to expand its geographical reach.
The Report covers:
- Comprehensive research methodology of the global Essential Oil market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Essential Oil market.
- Insights about market determinants which are stimulating the global Essential Oil market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.2. SWOT Analysis
3.2.3. Recent Developments
4. Market Determinants
5. Market Segmentation
5.1. Global Essential Oil Market by Product Type
5.1.2. Orange Oil
5.1.7. Other Oil
5.2. Global Essential Oil Market by Application
5.2.1. Food and Beverages
5.2.3. Spa & Relaxation
5.2.4. Other Applications
6. Regional Analysis
6.1. North America
6.1.1. United States
6.2.6. Rest of Europe
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Biolandes SAS
7.2. DoTERRA International, LLC
7.3. Edens Gardens, Inc.
7.4. Falcon Essential Oil
7.5. Farotti Srl
7.6. Givaudan SA
7.7. NOW Foods
7.8. Plant Therapy, Inc.
7.9. Rocky MountainOil LLC
7.10. Soulflower Co. Ltd.
7.11. Young Living Essential Oil
For more information about this report visit https://www.researchandmarkets.com/r/7c8y5u
Laura Wood, Senior Press Manager
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