Forecast: Sold Production of Concentrates of Essential Oils in Fats in Germany

In 2023, Germany's production of concentrates of essential oils in fats was 1.155 million kilograms. The forecast for 2024 is set at 1.1706 million kilograms, marking a 1.35% increase from the previous year. The subsequent years show a steady growth trend: 1.30% (2025), 1.28% (2026), 1.25% (2027), and 1.23% (2028). The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.28%. This consistent year-on-year increase suggests a stable expansion for the industry.

Future trends to monitor:

  • Consumer preferences shifting towards natural ingredients might boost demand.
  • Regulatory changes impacting production or ingredient sourcing can influence growth.
  • Technological advancements in extraction could enhance production efficiency.

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