Essential Oils market Key Players and Production Information analysis 2024
Axiom Market
Research & Consulting™ added a, ”Essential Oils Market Report, By Products, Application
and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”.
Essential
oils, often called as ethereal or volatile oils are very complex natural
mixtures of lipophilic substances. They are aromatic oily liquids categorized
by a strong odour and are extracted from various plant material as secondary
metabolites. Essential oils are volatile, transparent and rarely coloured
liquids, which are soluble in organic solvents, having a lower density than
water.
Request for Free Sample Report: https://axiommrc.com/request-for-sample/?report=1730
Analyses of Global Essential
Oils Market Report Based On Application:
The global
essential oils market is estimated and forecasted in terms of revenue (USD
million) generated by the global market. The global market is valued at USD
8703.00 million in 2017 and projected to grow at a CAGR of 7.68% during the
forecast period 2019 to 2024. The report analyses the global essential oils
market based on products, application and geography. Based on products, the
market is segmented into orange, lemon, lime, peppermint, corn mint,
citronella, spearmint, geranium, clove leaf, eucalyptus, jasmine, rosemary, tea
tree, lavender and others.
Analyses of Global Essential
Oils Market Based
Product:
the
market is segmented into orange, lemon, lime, peppermint, corn mint,
citronella, spearmint, geranium, clove leaf, eucalyptus, jasmine, rosemary, tea
tree, lavender and others. Among these products, the orange oil segment
accounted for the highest market share in 2017, owing to its antidepressant,
anti-inflammatory, and antispasmodic characteristics. Orange oil is mainly used
in food & beverages to impart citrus flavour and freshness to the final
product. As customers are becoming increasingly aware of the health benefits of
essential oils, the preferences for food & beverage products with these
oils as additives has augmented.
Analyses of Global Essential
Oils Market Based
On Application:
The
global essential oils market finds major applications in food & beverages,
personal care & cosmetics, spa & relaxation, home care, health care and
others. In 2017, the food & beverage segment dominated the market and is
anticipated to maintain its market hold over the next six years. Rising
consumer income across developing nations coupled with high demand for premium
cuisine is expected to contribute to the segment growth.
Analyses of Global Essential
Oils Market Based On Region:
North
America, Europe, Asia Pacific, and Rest of the world. Europe is estimated to
account for the largest share in 2017, followed by North America and
Asia-Pacific. The European market for essential oils makes an important
contribution to the growth of the global market.
Key
Players of Global Essential Oils Market:
Cargill Inc., E.I. du Pont de Nemours and Company,
Koninklijke DSM N.V., dôTERRA International LLC, Givaudan SA, Symrise,
International Flavors & Fragrances Inc., Firmenich SA, Mane SA, Frutarom
Industries Ltd, and Sensient Technologies Corp. Other prominent players of the
essential oil market include Young Living Essential Oils, The Lebermuth
Company, Inc., Rocky Mountain Oils LLC and Robertet SA among others.
About Axiom MRC:
Axiom Market Research & Consulting™ (also known
as Axiom MRC), is a full-service market research and data analytics firm,
driven by a simple aim of providing key market intelligence to companies to
assist them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
Media Contact:
Ganesh Sai
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
616 Corporate Way, Suite 2-4268
Valley Cottage, NY, United States
Email:
sales@axiommrc.com
Tel: +1(845)875-9786, +44(0) 20 23869707
Tel: +1(845)875-9786, +44(0) 20 23869707
Comments
Post a Comment