The essential oils market in the UK reached 1.14 billion euros in 2023. Forecasts from 2024 to 2028 suggest a steady annual growth, with a Compound Annual Growth Rate (CAGR) of approximately 1% over this five-year period. Year-on-year growth is modest, indicating a stable but slow increase in turnover.

Future trends to watch for include:

Rising consumer interest in wellness and natural products, potentially accelerating growth.
Expansion into new applications and industries, which may drive demand beyond current projections.
Regulatory changes and sustainability trends, influencing product formulations and market dynamics.