Essential Oil Industry Outlook 2022 - 2026

Key Market Indicators

Essential oil consumption is on the rise, with a projected worth of €2.2 billion by 2026. This growth of 0.2% year-on-year on average is despite a 1.8% decrease in demand compared to 2020. The United Kingdom, Spain, and Italy are the top three countries in terms of consumption, occupying the second, third, and fourth spots, respectively.

Essential Oil Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Essential Oils: Diving into Product Variations and Strategic Opportunities in the Global Market

  A diverse range of product offerings characterizes the global market for essential oils. These naturally extracted oils are derived from a myriad of plant species, each providing unique scent profiles, health benefits, and practical applications. This broad variety –from lavender for relaxation, peppermint for energy, to tea tree for antibacterial...

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• Vegetable Oils: Unveiling the Robust Potential and Growth of the Camelina Oil Market

  Camelina oil, a vegetable oil derived from the seeds of the Camelina Sativa plant, has been capturing the interest of various sectors. The oil's unique composition - high in omega-3 fatty acids and vitamin E, along with its impressive stability - make it an attractive choice in a number of...

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• Exploring Dynamic Growth Trajectories in the Global Tea Tree Oil Sector

  Present tea tree oil trajectories show that both supply and demand are on the rise, and are predicted to continue that trend. The main driver for this rapid upward shift comes from the global shift towards natural and organic products. As consumers become more health conscious, their demand for essential...

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• Essential Oils: Diving into Agarwood's Impact on the Cosmetics and Personal Care Industry

  At the nexus of economic trend and cultural practice lies Agarwood essential oil, a major player in the cosmetics and personal care industry. Its use has been embedded in traditional societies across Asia and the Middle East where it is esteemed for its typical aromatic fragrance and healing properties. Today,...

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• Essential Oils Unveiled: Basil's Expansive Role in Market Growth, Trends, and Opportunities

  The market for Basil Essential Oil is experiencing significant expansion, driven by a convergence of factors. Primarily, the growth of the wellness industry and an increasing consumer preference for natural and organic products have stimulated demand. Additionally, basil oil, noted for its aromatic, therapeutic, and medicinal properties, has found extensive...

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