Pune, India -- (SBWire) -- 08/01/2018 --Global Essential Oils Market, By Product (Orange, Eucalyptus, Peppermint, Citronella, Lemon, Lime, Clover Leaf, Others), By Application (Food & Beverages, Medical, Cleaning & Home, Spa & Relaxation, Others), By Mode of Extraction (Distillation, Carbon Dioxide, Cold Press, Solvent, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The Global Essential Oils Market is expected to reach USD 14.28 million by 2025, from USD 7.44 million in 2017, growing at a CAGR of 8.5% during the forecast period of 2018 to 2025.
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Major Market Competitors/Players: Global Essential Oils Market
Some of the major players operating in the global essential oils market are
H. Reynaud & Fils, The Lebermuth Company, d?TERRA, Essential Oils of New Zealand Ltd., Farotti SRL, Flavex Naturextrakte GmbH, Ungerer Limited, West India Spices Inc., India Essential Oils, Cargill, Incorporated., DuPont, Royal DSM, Givaudan, Firmenich SA, Young Living Essential Oils, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, MANE, ROBERTET SA, Rocky Mountain Oils, LLC, Biolandes, MOKSHA, Sydney Essential Oil Co. Pty Ltd., Frutarom among others.
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Major Market Drivers & Market Restraint: Global Essential Oils Market
- Rise in the aromatherapy
- Growth in demand of fragrances, flavors and personal care products
- Lower side effects of essential oils
- High industrialization in emerging markets
- Exhaustion of natural resources
- Changing climatic conditions
- Limited availability of raw material
Market Segmentation: Global Essential Oils Market
The global essential oils market is segmented on the basis of product, application, modes of extraction and end user.
The global essential oils market is segmented on the basis of product into
- orange,
- eucalyptus,
- cornmint,
- peppermint,
- citronella,
- lemon,
- lime,
- clover leaf,
- spearmint and others
Others are further sub segmented into cederwood, lavandin, litsea cubeba, lemongrass oil, coriander, basil, mandarine, patchouli, tea tree oil.
The global essential oils market is segmented on the basis of application into
- food & beverages,
- medical,
- cleaning & home,
- spa & relaxation and others
Others are further sub segmented into pharmaceuticals, aromatherapy, cosmetics, paint, petroleum, textile, paper & printing, perfumes & fragrances and dental preparation industries.
The global essential oils market is segmented on the basis of modes of extraction into
- distillation,
- carbon dioxide extraction,
- cold press extraction,
- solvent extraction and others
Based on geography, the global essential oils market report covers data points for 28 countries across multiple geographies namely
- North America & South America,
- Europe,
- Asia-Pacific and,
- Middle East & Africa.=
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Competitive Landscape
The global essential oils market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of essential oils for global, Europe, North America, Asia Pacific and South America.
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Frequently Asked Questions?
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Essential Oils Market?
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Global Botanical Extracts Market: Global Botanical Extracts Market accounted for USD 3.92 Billion in 2017 and is projected to grow at a CAGR of 9.1% during the forecast period of 2018 to 2025.
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Global Essential Oils Market by Product (Orange, Eucalyptus, Peppermint, Citronella, Lemon, Lime, Clover Leaf) and Market Is Expected to Reach USD 14.28 Million by 2025
Global Essential Oils Market is expected to reach USD 14.28 million by 2025, from USD 7.44 million in 2017, growing at a CAGR of 8.5% during the forecast period of 2018 to 2025.