Key Market Indicators
Consumption of essential oils is expected to drop by 0.9% each year on average over the next six years, according to new figures. In 2020, the market was worth an estimated €43 million and is predicted to reach €43 million by 2026. Demand for essential oils has decreased by 1.7% year on year. The United Kingdom, Spain, and Italy are the top three markets for essential oils, accounting for a combined share of over 40% of the total market.