The European essential oils market shows significant disparity in market value share among countries, with France leading at 27.26 euros, followed by the United Kingdom at 16.58 euros, and Spain at 15.95 euros in 2024. Year-on-year variations reveal notable growth in smaller markets like Romania (7.62%) and Sweden (7.85%) in 2023, while larger markets such as France and Italy experienced modest growth rates under 2%.
Future trends suggest enhanced growth potential in Eastern Europe, propelled by an increasing demand for natural products. Sustainability and innovation in extraction processes may also drive market expansion across the region. Keep an eye on emerging markets and regulatory impacts influencing market dynamics.
Top countries in Essential Oils Market Size Value Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 27.26 | 2023 | +1.28% | +1.62% | View data |
2 | 2 United Kingdom | 16.58 | 2023 | +0.66% | +1.83% | View data |
3 | 3 Spain | 15.95 | 2023 | +2.73% | +2.58% | View data |
4 | 4 Italy | 12.33 | 2023 | +1.3% | +1.16% | View data |
5 | 5 Poland | 9.61 | 2023 | +3.65% | +4.65% | View data |
6 | 6 Romania | 4.32 | 2023 | +5.33% | +7.62% | View data |
7 | 7 Sweden | 2.94 | 2023 | +5.37% | +7.85% | View data |
8 | 8 Austria | 2.83 | 2023 | +1.78% | +1.71% | View data |
9 | 9 Czech Republic | 2.48 | 2023 | +1.57% | +2.18% | View data |
10 | 10 Greece | 2.41 | 2023 | +2.31% | +3.07% | View data |