"Some of the key driving factors of the market are rising inclination towards natural products, growing popularity of relaxation therapies, increasing disposable income resulting in better standards of living, and growing awareness of the probable side effects of chemical substances. The essential oil market is highly dependent on the raw material prices, which are expected to be steady in the near future. Increasing use of essential oils in spa & aromatherapy, flavoring, and fragrance ... Read more
The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil ... Read more
The market’s opportunity is expected to touch US$17.36 bn by 2017. Further, the market is projected to expand at a CAGR of 9.60% between 2017 and 2022 and attain a value of US$27.49 bn by the end of 2022. The escalating industrialization and the augmenting disposable income of consumers are the also projected to drive the growth of this market in the near future, especially in emerging countries, such as India, China, Thailand, and Vietnam.
The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil ... Read more
Vendor landscape in the global essential oil market is forecast to remain vastly concentrated. New businesses can face entry barriers considering the predominance of leading companies. Nonetheless, Transparency Market Research (TMR) predicts the competition in the essential oil market to intensify in the coming years due to the telling increase in product and service varieties offered by key firms. In order to emerge at the top key players are also looking to expand their activities across ... Read more
Vendor landscape in the global essential oil market is forecast to remain vastly concentrated. New businesses can face entry barriers considering the predominance of leading companies. Nonetheless, Transparency Market Research (TMR) predicts the competition in the essential oil market to intensify in the coming years due to the telling increase in product and service varieties offered by key firms. In order to emerge at the top key players are also looking to expand their activities across ... Read more
With the increasing preference for natural products among consumers, the global market for essential oil is observing a tremendous rise in its valuation. The market is anticipated to remain reporting high growth over the next few years, thanks to the expanding application base of essential oil, from the cosmetics and the food and beverages industry to the aromatherapy and the pharmaceuticals sectors. This research study offers a decisive overview of the worldwide market for essential oil by ... Read more
The competitive landscape of the global essential oil market is highly fragmented landscape, says Transparency Market Research (TMR). This is mainly due to the presence of several key players across the globe. Key players in the market are focusing on novel techniques to improve properties and expand applications of essential oil. Apart from this, players are ramping up their investment in research and ... Read more
In 2019, the market size of Lemon Essential Oil is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
