Pune, India -- (SBWIRE) -- 11/10/2017 -- Market Research Future published a Cooked Research Report (CRR) on World Essential Oil Market which is estimated to grow more than 5.92% after 2023.

Market Overview:

Essential Oil market is projected to grow at 5.92% during the forecasted period 2017to 2023. APAC region is estimated to dominate the market with more than 50% of market share followed by America in the year 2017. France, Italy and Germany are major essential oil producers in the Europe region. Increasing popularity of essential oil in aromatherapy and pharmaceuticals supporting various essential oil production in America and Europe region. U.S. and Canada are major essential oil market in the American region. Strong potential of essential oil production and rising application of essential oil in cosmetics and personal care supporting market growth among the various regions in the world.

Global essential oil market is projected to reach USD 18,956 million by 2023 with growth rate of 5.92%. Pure essential oil will grow at the CAGR of 6.16% during forecast period 2017 to 2023. Pure essential oil holds the major market share followed by compound essential oil in the year 2017. Corn mint and Orange together holds more than 57% of market share in the year 2017. Clove leaf essential oil market is projected to reach around USD 150 million by 2023 with CAGR of 6.09% and it is majorly produced in APAC region.

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Competitive Analysis:

The major key players in essential oil market are,

- Young Living (U.S.)
- Sydney Essential Oil (Australia)
- Biolandes (France)
- d?TERRA (U.S.)
- Shaanxi Guanjie Technology Co., Ltd (China)
- Shiva Sales Corporation (India)
- The Lebermuth Company (U.S.)

Key Findings:

- Globally, application of Essential oil in aromatherapy is growing at higher rate of 6.19%

- Globally, corn mint and orange essential oil holds more than 57% of market share in the year 2017

- The Global Essential oil market is projected to reach USD 18,956 million by 2023 with growth rate of 5.92%
 
The reports also cover country level analysis:

America:

- U.S.
- Canada
- Mexico
- Rest of America

Europe:

- Germany
- U.K.
- France
- Rest of Europe

Asia Pacific:

- China
- India
- Indonesia
- Japan
- Rest of APAC

Rest of World:

- Nigeria
- South Africa
- Iran
- Other Countries

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Table of Contents:

1    Executive Summary

2    Introduction

3    Research Methodology

4    Market Dynamics

5    Market Trends

6    Emerging Markets for Essential Oil

7    Market Factor Analysis

List of Tables:

TABLE 1    INNOVATIONS IN PRODUCTS/PROCESS IN ESSENTIAL OIL

TABLE 2    PESTLE ANALYSIS U.K.

TABLE 3    PESTLE ANALYSIS-INDIA

TABLE 4    PESTLE ANALYSIS-CHINA

TABLE 5    GLOBAL ESSENTIAL OIL MARKET, BY TYPE (2016-2023), USD MILLION

TABLE 6    GLOBAL ESSENTIAL OIL MARKET, BY PURE ESSENTIAL OIL (2016-2023), USD MILLION

TABLE 7    GLOBAL ESSENTIAL OIL MARKET, BY COMPOUND ESSENTIAL OIL (2016-2023), USD MILLION

TABLE 8    GLOBAL ESSENTIAL OIL MARKET, BY OTHER ESSENTIAL OIL (2016-2023), USD MILLION

TABLE 9    GLOBAL ESSENTIAL OIL MARKET, BY INGREDIENTS (2016-2023), USD MILLION

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