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Aromatherapy Market Size
- Report ID: GMI7586
- Published Date: Dec 2023
- Report Format: PDF
Aromatherapy Market Size
Aromatherapy Market was valued at USD 1.9 billion in 2022 and is estimated to witness 10.9% CAGR from 2023 to 2032. Aromatherapy is a holistic healing practice that utilizes the therapeutic properties of essential oils extracted from plants to enhance physical, mental, and emotional well-being. Moreover, the rising awareness of mental health issues and the need for stress relief has led to an increased interest in aromatherapy.
For instance, Johns Hopkins University reports that approximately 9.5% of U.S. adults, aged 18 years and above, are projected to experience depressive illnesses, including major depression, dysthymia, or bipolar disorder, annually. Thus, essential oil, are believed to have calming and mood-enhancing properties making them attractive to individuals seeking holistic solutions for managing depression and improving mental wellness.
Furthermore, ongoing innovations in aromatherapy products, including diffusers, topical applications, and unique oil blends contribute to market growth. Moreover, advances in extraction methods, product formulations, and convenient delivery systems appeal to a diverse consumer base, fostering continued interest and consumption of aromatherapy products.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Aromatherapy Market Size in 2022: | USD 1.9 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 10.9% |
| 2032 Value Projection: | USD 5.4 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 354 |
| Tables, Charts & Figures: | 864 |
| Segments covered: | Product Type, Mode of Delivery, Application, End-use, and Region |
| Growth Drivers: |
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Aromatherapy Market Scope
