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Herb Oil Market Share

Report ID: GMI7560
Published Date: Dec 2023
Report Format: PDF

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Herb Oil Market Share

Some of the major companies operating in the herb oil industry are:

DoTERRA
Young Living
NOW Foods
Nature's Way
Gaia Herbs
Herb Pharm
Planetary Herbals
Bluebonnet Nutrition
Jarrow Formulas
Pure Encapsulations

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

DoTERRA is provider of essential oils and other herbal products. The company was founded in 2008 by David Stirling and a group of natural health enthusiasts. The company's extensive product line includes single essential oils and proprietary blends that cater to a wide range of applications, from aromatherapy to personal care and natural remedies.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of herb oil reached USD 8.70 billion in 2022 and is poised to surpass USD 16.58 billion by 2032, as consumers seek healthier and more sustainable alternatives.

Basil oil segment generated revenues worth USD 2.06 billion in 2022, attributed to its versatile and distinctive flavor profile, making it a key ingredient in a wide range of culinary applications, including Italian, Mediterranean, and Asian cuisines.

Asia Pacific market size was worth USD 4.42 billion in 2022, due to the surging interest in natural and holistic health & wellness practices across countries in APAC.

DoTERRA, Young Living, NOW Foods, Nature's Way, Gaia Herbs, Herb Pharm, Planetary Herbals, Bluebonnet Nutrition, Jarrow Formulas, and Pure Encapsulations.