The Essential Oils Concentrates Market in Germany has experienced fluctuating growth patterns from 2013 to 2023. Primarily, it expanded from 1.67 million kilograms in 2013 to 3.45 million kilograms in 2023. Notably, 2017 and 2018 saw significant year-on-year increases of 28.57% and 27.17%, respectively. The most recent years, 2022 and 2023, demonstrated moderate growth rates of 7.89% and 5.18%, with the five-year CAGR being 3.15%.
Future trends to watch for:
- Increased demand driven by wellness and aromatic therapy sectors.
- Potential impact of sustainable and organic product trends.
- Technological advancements in production and extraction processes.
