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Essential Oils Market Size By Application (Orange oil, Lemon oil, Eucalyptus oil, Clove oil, Peppermint oil, Jasmine oil, Rosemary oil, Cornmint oil, Citronella oil, Geranium, Spearmint oil, Lavender oil, Tea tree oil and others), By Application (Food & beverage, Aromatherapy, Cosmetics & Toiletries, Pharmaceuticals, Cleaning & Home care, Animal Feed, Fragrances and Others) Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2026

  • Report ID: GMI2391
  • Published Date: Oct 2019
  • Report Format: PDF

Industry Trends

Essential Oils Market size is estimated to record over 9% CAGR between 2019 and 2026. Rising penetration in pharmaceutical industry for its application in alternative medical treatment practices including aromatherapy to escalate overall industry size.

Development of aromatherapy has advanced the product use as a potential therapeutic agent, including massage, inhalations and bath using these volatile oils. Growing awareness about the benefits of aromatherapy due to changing people interest in natural care and back-to-nature will provide momentum to the development of natural/organic ingredients with healing abilities.

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Essential oils are the concentrated extracts from parts of plants including leaves, herbs, and barks. These are volatile, aromatic essences of plants and has flavoring attributes which makes them extremely beneficial in food & beverage, cosmetics, home care & cleaning, aromatherapy, and fragrance applications.

Essential oils market share from cosmetic ingredients exceeded USD 8 billion in 2018. Demand for natural ingredients in food products owing to developing concerns towards health & wellness has surged the demand for nutritional additives in food items.

Growing trend of clean labelling is a key contributor to the overall industry expansion due to rise in consumer concern for simple and less synthetic ingredients on product labels. Clean labels do not reflect unhealthy ingredients including chemical formulas of synthetic ingredients. This trend is poised to stimulate manufacturers to adopt use of essential oils as an alternative to synthetic ingredients.

Significant growth in citrus oils extraction to augment essential oils demand

Based on product, essential oils market has been segmented into orange oil, lemon oil, eucalyptus oil, clove oil, peppermint oil, jasmine oil, rosemary oil, cornmint oil, citronella oil, geranium, spearmint oil, lavender oil and tea tree oil. Orange oil garnered maximum revenue since product offer multiple health remedies such as skin elasticity, firmness and treat acne, scars, and stretch marks. Lemon and orange oils has antiseptic properties which makes it an ideal ingredient in skin and hair care.

Growth in food and beverage sector will create lucrative opportunities for industry participants to enhance their sales. D-limonene is a key constituent of orange oil which gives it a sweet and tangy essence, favorable for flavoring and coloring in fruit jams, bakery products, and Curacao-type liqueurs. The product also contains purifying properties and is being used as additions to smoothies, salad dressings, aroma drinks, soups, sauces, and porridges. 

Robust consumption in the food and beverage sector to drive essential oils industry share

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Based on application, essential oils market has been segmented into food & beverage, cosmetics & toiletries, pharmaceuticals, aromatherapy, cleaning & home care, animal feed, fragrances, and others. Clove, cinnamon, orange, lemon, peppermint, pepper oil is extensively utilized in food sector for cooking and seasoning purposes. Additionally, these are good source of bioactive compounds with its antioxidative, and antimicrobial properties drives its use as a flavor additive and prevents spoilage of food. Eos are used as an alternative preservative and pathogen control method and forms edible films in packed food items.

Plant based oils witness wide array of applications in cake frostings, chocolates and confectionery products with leading companies exerting significant efforts to feature these as green ingredients. Stringent regulations by FDA regarding approval of the said product in food industry to stimulate product adoption in the foreseeable timeframe.

Trend towards natural cosmetics to support essential oils demand in European region

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France essential oils market is anticipated to register over 8% CAGR from 2019 to 2026. France tails Germany in the import of peppermint and citrus oils, with majority of consumption lies in the food and beverage industry. European government active healthcare programs to enhance consumer knowledge about ongoing research and innovations in production of therapeutic drugs is expected to boost regional market demand.

In Europe, there is strong public perception that natural ingredients are safer than existing synthetic alternatives, leading to a trend which supplemented the market of natural cosmetics. Supportive import and trade policies and changing lifestyle patterns in the region has led to consumer shift towards adoption of natural skin care products.

Excessive R&D and product innovation to remain key growth strategies

Key players operating in the market are adopting strategies such as collaborations and acquisitions, product innovations and partnerships, to enhance their existing offerings and target a wider customer base and strengthen its market position. Some of the major players operating in the essential oils market are DoTerra, Symrise, Young Living, Firmnich, Frutarom, Bio Landes, Flacon.

The essential oils market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume (Kilo Tons) and revenue (USD Million) from 2015 to 2026, for the following segments:

By Product

  • Orange oil
  • Lemon oil
  • Eucalyptus oil
  • Clove oil
  • Peppermint oil
  • Jasmine oil
  • Rosemary oil
  • Cornmint oil
  • Citronella oil
  • Geranium
  • Spearmint oil
  • Lavender oil
  • Tea tree oil
  • Others

By Application

  • Food & beverage
  • Aromatherapy
  • Cosmetics & Toiletries
  • Pharmaceuticals
  • Cleaning & home care
  • Animal Feed
  • Fragrances
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Russia
    • Spain
  • APAC
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Thailand
    • Malaysia
    • Australia
    • Brazil
  • MEA
    • Saudi Arabia
    • South Africa
    • UAE


Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global market for essential oils is set to achieve over 9.5% CAGR up to 2026, according to a new report published by Global Market Insights, Inc.
DoTerra, Symrise, Young Living, Firmnich, Frutarom, Bio Landes and Flacon are the major players operating in the worldwide industry for essential oils.
The global essential oils idustry is anticipated to be worth over USD 15billion by 2026.

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 15
  • Tables & Figures: 236
  • Countries covered: 21
  • Pages: 280
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

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