According to a www.techsciresearch.com report “Global Essential Oils Market By Product Type, By Application, By Region Competition Forecast and Opportunities, 2011-2021”, global market for essential oils is anticipated to grow at a CAGR of 9% during 2016–2021.
Report URL :- https://www.techsciresearch.com/report/global-essential-oils-market-by-product-type-orange-eucalyptus-peppermint-lemon-citronella-and-others-by-application-food-beverages-medical-spa-relaxation-cleaning-home-by-region-competition-forecast-and-opportunities/816.html
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Global Essential Oils Market Forecast 2021- brochure
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
Global Essential Oils Market By Product Type,
By Application, By Region, Competition
Forecast and Opportunities, 2011-2021
13. I n d u s t r y B r i e f
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Essential Oils Market to Grow at CAGR 9% till 2021
Growing awareness regarding health benefits of using essential oils, coupled with rising personal disposable income to drive the
global essential oils market through 2021
According to TechSci Research report, “Global Essential Oils Market By Product Type, By Application, By Region Competition
Forecast and Opportunities, 2011-2021”, global essential oils market is anticipated to grow at a CAGR of around 9.4%, during
2016-2021, on the back of increasing consumer awareness regarding health benefits associated with using natural & organic
personal care products containing herbal essential oils. Use of synthetic additives & flavours in food & beverages industry is on
the rise, which causes various health related disorders. This has resulted in increasing number of consumer shifting towards using
products made from natural additives, containing essential oils as use of essential oil strengthens the immune system and have
no side effects. Expanding online presence of major essential oil manufacturing companies along with growing retail presence
using various sales strategies such as multi-level marketing, direct selling, etc. is expected to result in augmented demand
for essential oils across the globe over next five years. However, complexities associated with producing essential oils & limited
availability of raw materials, combined with lack of awareness among consumers in developing countries regarding using
essential oils and its benefits are some of the reasons restricting the growth of essential oils. Young Living Essential Oils, Sydney
Essential Oils, Biolandes, H.Reynaud & Fils, The Lebermuth Co., etc. are of few of the leading players operating in the global
essential oils market.
Orange essential oils accounted for the largest share in the global essential oils market in 2015. Continuous product innovation
and expanding application areas such as using essential oils in food packaging sector, as it helps in food preservation is expected
to drive global essential oils market during 2016-2025. Europe accounted for lion’s share in the global essential oils market on
account of huge concentration of essential oil manufacturers in the region coupled with high demand for essential oils emanating
from countries such as France, Germany, Italy and Spain, etc.
“Rapidly changing consumer preferences towards using natural additives containing essential oils, as essential oils are 100% free
from chemicals and contain no synthetic products, along with increasing awareness about the health benefits associated with
essential oils and applicability of essential oils ranging from fragrance to flavours, medicinal products, spa treatments, easy
availability of the product in brick and mortar retail format and through online point of sales as well coupled with growing
disposable income and rising health concerns are the major factors contributing to the growth of essential oils market, globally.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
15. R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: Global Essential Oils Market By Product Type, By Application,
By Region, Competition Forecast and Opportunities, 2011-2021
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