Essential Oil Market - Size, Share, Trends, Outlook, and Opportunity Analysis, 2018-2026 Essential oils are the volatile aromatic oils plant extracts, originating from flowers, seeds, stem, bark, leaves, and roots. These oils as they represent the flavor and aroma of the plant from which they are extracted. Essential oils are also known as ethereal oils, volatile oils or aetherolea, and are extracted through several processes such as distillation. These oils are used as aromatic and flavoring agents, as they contain several organic compounds such as terpenes, phenols, alcohols, aldehydes, ketones, lactones, coumarins, esters, and ethers. Therapeutic properties of essential oils depend upon the plant it is extracted from. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/871 Owing to such therapeutic and aromatic properties, the demand for essential oils is increasing. Increasing demand for natural products, in turn, is increasing the demand for essential oils in the food and beverages, cosmetics, personal care, and healthcare industries. Growing popularity of aromatherapy as well as increasing consumer awareness regarding the benefits of essential oils and related herbal products are major factors driving growth of the market for essential oils. However, low availability of raw materials is the major factor restraining growth of the essential oil market. The market in Asia Pacific is projected to witness significant growth, owing to increasing demand for natural oil-based products and growing disposable income among the populace. The growing in the food and beverages, and healthcare industries in China and India, as well as increasing inclination towards aromatherapy are fueling growth of the essential oil market in the region. According to India Brand Equity Foundation (IBEF)—trust established by the Department of Commerce, Ministry of Commerce and Industry—the fast moving consumer goods (FMCG) sector in India is expected to reach US$ 103.7 billion by 2020. FMCG sector in India consists of 19% food and beverages, 31% healthcare, and 50% household and personal care products. These sectors are major consumers of essential oils. Thus, the demand for essential oil is expected to increase in India, in turn, propelling growth of the essential oil market in Asia Pacific. Europe holds a dominant position in the essential oil market, owing to increasing demand for natural beauty products and cosmetics, medicines, and nutraceuticals in the region. The increasing health Key Players in the Global Essential Oil market Key players in the essential oil market are adopting inorganic approaches to retain their foothold in the global market. Some key players operating in the essential oil market are Biolandes, doTERRA International, Essential Oils of New Zealand, Farotti SRL, H.Reynaude & Fils, Moksha Lifestyle Products, Sydney Essential Oils Rocky Mountain Oils LLC, Co. Pty Ltd, The Lebermuth Company, West India Species, Inc., and Young Living Essential Oils. For More Information: https://www.coherentmarketinsights.com/ongoing-insight/essential-oil-market871 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
The research report on Essential Oil Market is segmented By Extraction Technique, Product Type, and By Application - Size, Share, Growth, Trends, Outlook, and Opportunity Analysis, 2018-2026
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