The European essential oils market shows significant variation in the number of enterprises by country, with France leading. However, France experienced a slight decline recently, whereas Spain, Bulgaria, Italy, Germany, Austria, and several Eastern European countries enjoyed growth. Notably, Greece, Poland, Romania, and a few smaller markets like Portugal and Iceland showed stronger growth rates. Trends indicate that countries with smaller markets are seeing higher relative growth, possibly due to increasing demand or emerging local producers.
Future trends to observe in this industry include:
- Potential market saturation in larger countries like France.
- A continued rise in the number of enterprises in Eastern Europe.
- Emergent sustainability and eco-friendly production practices potentially influencing enterprise distribution and new market entries.
Top countries in Essential Oils Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 213 | 2023 | 0% | -0.047% | View data |
| 2 | 2 Spain | 152 | 2023 | +2.01% | +3.5% | View data |
| 3 | 3 Bulgaria | 117 | 2023 | +4.46% | +3.82% | View data |
| 4 | 4 Italy | 94 | 2023 | 0% | +1.56% | View data |
| 5 | 5 United Kingdom | 66 | 2023 | +1.54% | 0% | View data |
| 6 | 6 Germany | 45 | 2023 | +2.27% | +1.39% | View data |
| 7 | 7 Greece | 39 | 2023 | +5.41% | +8.45% | View data |
| 8 | 8 Poland | 38 | 2023 | +8.57% | +7.89% | View data |
| 9 | 9 Romania | 35 | 2023 | +6.06% | +9.73% | View data |
| 10 | 10 Bosnia and Herzegovina | 26 | 2023 | +4% | 0% | View data |
