Essential Oils Market

Global Essential Oils Market Size, Forecasts, And Opportunities

Learn about the global essential oils market through The Business Research Company, which provides information on essential oils market size, essential oils market drivers and restraints, essential oils market players, the COVID-19 impact on the essential oils market, and more.


The global essential oils market size is expected to grow from $12.36 billion in 2021 to $13.58 billion in 2022 at a compound annual growth rate (CAGR) of 9.90%. The global essential oil market size is expected to grow to $21.85 billion in 2026 at a CAGR of 12.62%.


The growing spa industry across the globe is expected to propel the growth of the essential oils market.


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The essential oil market consists of sales of essential oils by entities (organizations, sole traders, and partnerships) that refer to the oils that are concentrated plant extracts that retain the natural flavor/essence and smell of their source. These types of oils are mainly used in aromatherapy.


Global Essential Oils Market Segments Include:

By Type: Orange Oil, Lemon Oil, Lime Oil, Peppermint Oil, Cornmint Oil, Citronella Oil, Spearmint Oil, Geranium Oil, Clove Leaf Oil, Eucalyptus Oil

By Method of Extraction: Distillation, Carbon Dioxide Extraction, Cold Press Extraction, Solvent Extraction, Others

By Application: Food and Beverage, Aromatherapy, Cosmetics and Toiletries, Pharmaceuticals, Cleaning and Home Care, Animal Feed, Fragrances

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the essential oils market in 2021.


New product launches are a key trend gaining popularity in the essential oils market.


TBRC’s essential oils market report covers:

Major Market Players: ivaudan SA, Young Living Essential Oils, The Lebermuth Company Inc., Symrise, Essential oils of New Zealand, International Flavors & Fragrances Inc, Robertet SA, BIOLANDES SAS, Cargill Inc, DuPont, Koninklijke DSM N.V., dôTERRA International LLC, Sensient Technologies Corporation, Firmenich SA, Mane, Rocky Mountain Oils LLC, Falcon, Farroti, Indian Essential Oils, and Ungerer Limited.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)


The Essential Oils Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides essential oils market overviews, analyzes and forecasts market size, share, essential oils market players, essential oils market segments and geographies, leading competitor revenues, profiles and market shares.


TBRC’s essential oils market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.


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