Key Market Indicators
The global market for essential oils is on the rise. By 2026, consumption is expected to reach €86 million, up from €78 million in 2020. This equates to an average annual increase of 1.5%. Demand grew by 3.4% year-on-year over the same period. The United Kingdom, Spain and Italy are the biggest consumers of essential oils, coming in at second, third and fourth respectively.