• The global industry was valued at US$ 16.3 Bn in 2022
• It is estimated to grow at a CAGR of 7.6% from 2023 to 2031 and reach US$ 31.3 Bn by the end of 2031

Market Introduction

Attribute	Detail
Drivers	Growth in Aromatherapy Applications Surge in Demand for Essential Oils from Cosmetics and Fragrance Industries

Regional Outlook of Essential Oils Industry

Attribute	Detail
Leading Region	Europe

Essential Oils Market Snapshot

Attribute	Detail
Market Size Value in 2022	US$ 16.3 Bn
Market Forecast Value in 2031	US$ 31.3 Bn
Growth Rate (CAGR)	7.6%
Forecast Period	2023-2031
Historical Data Available for	2021
Quantitative Units	US$ Bn for Value & Kilo Tons for Volume
Market Analysis	It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, market opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2022) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Product Citrus Oil Eucalyptus Oil Clove Oil Peppermint Oil Basil Oil Cornmint Oil Spearmint Oil Tea Tree Oil Others Application Food & Beverages Pharmaceuticals Cosmetics & Toiletries Aromatherapy Homecare Products Fragrances Others
Regions Covered	North America Latin America Europe Asia Pacific Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Spain Italy Russia and CIS Japan China India ASEAN Brazil Mexico GCC South Africa
Companies Profiled	Givaudan SA Young Living Essential Oils Biolandes SAS Robertet SA Sensient Essential Oils Essential Oils of New Zealand doTerra Veda Oils AG Industries Bo International Others
Customization Scope	Available upon request
Pricing	Available upon request

The Essential Oils Market Report is Segmented by Product Type (Orange Oil, Cornmint Oil, and More), Source (Fruits and Vegetables, Herbs and Spices, and Flower), Nature (Organic/Certified Organic and Conventional), Application (Food and Beverages, Personal Care and Cosmetics, Pharmaceuticals, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

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Essential Oil Market Size 2024-2028

The essential oil market size is forecast to increase by USD 10.30 billion, at a CAGR of 11.43% between 2023 and 2028.

The market is driven by the growing awareness and recognition of the numerous health benefits associated with these natural extracts. Essential oils are increasingly being used in various applications, including aromatherapy, cosmetics, and food industries, due to their therapeutic properties. A key trend in the market is the innovation in diffusion and delivery methods, enabling consumers to experience essential oils in new and convenient ways. The market encompasses a wide range of essential oils, including but not limited to lavender, peppermint, tea tree, eucalyptus, lemon, rosemary, chamomile, bergamot, ylang ylang, frankincense, geranium, clary sage, patchouli, sandalwood, citronella, clove, basil, cinnamon, oregano, lemongrass, juniper berry, grapefruit, orange, jasmine, thyme, rose, neroli, cedarwood, and fennel oils. However, this market faces challenges as well. The rising prevalence of counterfeit essential oils poses a significant threat, as these products may contain impurities or even harmful substances. Companies must ensure the authenticity and quality of their essential oils to maintain consumer trust and loyalty.
To capitalize on market opportunities and navigate challenges effectively, businesses should focus on research and development, supply chain transparency, and consumer education. By staying abreast of emerging trends and addressing market challenges proactively, players in the market can position themselves for long-term success.

What will be the Size of the Essential Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by the expanding applications across various sectors. Botanical ingredients are at the core of this industry, with digestive support and emotional well-being being significant areas of focus. Usage instructions and allergen-free oils are essential for ensuring safety and product differentiation. Natural perfumery, inhalation therapy, and skincare applications are key areas where essential oils find extensive usage. Batch testing and international standards ensure product quality and regulatory compliance. Pregnant women and those experiencing pain relief are among the target audiences for these natural remedies. Plant-based fragrances, vegan oils, and cruelty-free options cater to diverse consumer preferences.

Solvent extraction and steam distillation are common methods for essential oil extraction, while sustainable sourcing and organic certification add to the market's appeal. Product liability, safety precautions, and intellectual property are crucial aspects of the market. Essential oils offer respiratory support, circulatory benefits, and even cognitive function enhancement. Therapeutic grade oils and topical application find extensive use in massage therapy and stress relief. Marketing strategies, pricing, and customer loyalty are essential for businesses in this dynamic market. Essential oils provide antimicrobial, anti-inflammatory, and antioxidant properties, making them valuable in various industries. Brands prioritize quality control, aromatherapy diffusers, and clear labeling for consumer trust.

The market's continuous evolution reflects the ongoing unfolding of market activities and evolving patterns. Essential oils' versatility and potential health benefits make them a popular choice for individuals seeking natural alternatives.

How is this Essential Oil Industry segmented?

The essential oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Food and beverages
  Recreation
  Perfumes and others


Distribution Channel

  Online
  Offline


Geography

  North America

    US
    Canada


  Europe

    Germany
    The Netherlands


  APAC

    Japan
    India
    China
    South Korea


  South America

    Brazil
    Argentina


  Middle East and Africa

    UAE


  Rest of World (ROW)

By Application Insights

The food and beverages segment is estimated to witness significant growth during the forecast period.

Essential oils have gained significant popularity in various industries due to their natural benefits and versatile uses. In the product packaging sector, these oils are utilized for their aromatic properties to enhance consumer experience. For respiratory support, essential oils like eucalyptus and tea tree are incorporated into inhalation therapy products. Labeling of essential oils is crucial for product liability reasons, ensuring

This statistic illustrates the export value of essential oils and resinoids worldwide in 2022, by leading countries. In 2023, about 25.18 billion U.S. dollars worth of essential oils and resinoids products were exported from France.

The APAC Essential Oil Market report segments the industry into Product Type (Lavender Oil, Orange Oil, Eucalyptus Oil, Peppermint Oil, Spearmint Oil, Lemon Oil, Rosemary Oil, Geranium Oil, Tea Tree Oil, Others), Application (Food & Beverages, Aromatherapy, Pharmaceuticals, Cosmetics & Personal Care, Others), and Geography (China, India, Japan, Australia, Rest of Asia-Pacific).

Discover the booming pure essential oils market! Our in-depth analysis reveals market size, CAGR, key trends (aromatherapy, cosmetics), and top players (Young Living, L'Occitane). Explore regional market shares and future growth projections until 2033.

Discover the booming European essential oil market! This in-depth analysis reveals a €1.89 billion industry (2025) projected to grow at 5.03% CAGR until 2033, driven by aromatherapy, cosmetics, and pharmaceuticals. Explore key trends, regional insights, and leading companies shaping this lucrative sector. Recent developments include: May 2022: The launch of Plantopia, a wellness brand that also offers essential oils, marked KMI Brands' entry into the wellness market in the United Kingdom. KMI Brands is the maker of Noughty Hair & Body Care and the licensed distributor of Ted Baker Fragrance and Toiletries., February 2022: Myrissi was acquired by Givaudan in France. Myrissi's experience in AI would assist Givaudan in suggesting novel organoleptic methods to customers, enabling Givaudan's long-term fragrance (including essential oils) & beauty strategy., December 2021: First Natural Brands, a producer of wellness products and essential oils located in West Sussex, announced its plans to expand internationally with the help of a EUR 6.25 million funding package from Santander UK.. Notable trends are: The Rise of Aromatherapy in Europe.

The global essential oils market is being driven by the rising production and availability of the products. In 2024, the essential oils market valued at USD 10.59 Billion. It is expected to further grow at a CAGR of 9.60% between 2025 and 2034 to reach a value of USD 26.49 Billion by 2034.

The essential oil market, currently valued at approximately $7.5 billion (based on the provided 7508 million value unit), is projected to experience robust growth, with a compound annual growth rate (CAGR) of 7.8% from 2025 to 2033. This expansion is driven by several key factors. Increasing consumer awareness of natural and holistic health solutions fuels demand for aromatherapy and natural remedies, leading to wider adoption of essential oils for stress reduction, sleep improvement, and overall well-being. The rising popularity of DIY skincare and cosmetics further bolsters the market, as essential oils are frequently incorporated into homemade products. Furthermore, the growing number of spas and wellness centers offering aromatherapy treatments contributes to market growth. However, the market faces challenges like stringent regulatory requirements for labeling and purity, and price volatility of raw materials sourced from various geographical regions influencing the cost of production. Major players, including The Body Shop, Bath & Body Works Direct, and others, are focusing on product innovation, expanding distribution channels, and establishing strong branding to maintain competitiveness within this rapidly evolving sector. The market segmentation is likely diverse, encompassing various oil types (lavender, tea tree, peppermint, etc.), application forms (aromatherapy, skincare, massage), and distribution channels (online retail, specialty stores, pharmacies). Geographic variations in consumer preferences and regulatory landscapes also influence market dynamics. North America and Europe are expected to maintain significant market shares, driven by high consumer spending on wellness products and established aromatherapy practices. However, regions like Asia-Pacific are showing promising growth potential due to rising disposable incomes and increasing interest in natural health solutions. The forecast period (2025-2033) suggests significant market expansion, with continued growth driven by the factors mentioned above, provided that industry challenges related to supply chain management and regulatory compliance are effectively addressed by key players.

Tangerine Essential Oil Market valued at $72.01 Million in 2023, and is projected to $USD 116.6 Million by 2032, at a CAGR of 5.5% from 2023 to 2032.

The sage essential oil market is estimated to be worth USD 7.61 billion in 2025 and is projected to reach USD 13 billion by 2035, expanding at a CAGR of 5.5% over the assessment period of 2025 to 2035.

Semi-Annual Market Update

Particular	Value CAGR
H1 (2024 to 2034)	5.2%
H2 (2024 to 2034)	5.7%
H1 (2025 to 2035)	6%
H2 (2025 to 2035)	6.3%

Segment-wise Analysis

Segment	Value Share (2025)
Organic (By Source)	60%

Segment	Value Share (2025)
Personal Care (By Application)	40%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	5.5%
UK	5.5%
France	5.3%
Germany	5.2%
Italy	5.0%
South Korea	5.8%
Japan	5.1%
China	6.0%
Australia	5.4%
New Zealand	5.6%

Competitive Outlook

Company Name	Estimated Market Share (%)
doTERRA International	18-22%
Young Living Essential Oils	16-20%
Plant Therapy Essential Oils	10-14%
Biolandes	8-12%
Edens Garden	6-10%
Other Players (Combined)	30-40%

India Essential Oils Market size was valued at USD 175.85 Million in 2024 and is projected to reach USD 301.46 Million by 2032, growing at a CAGR of 6.97% from 2026 to 2032.

India Essential Oils Market Drivers

Growing Public Knowledge and Health Advantages: The increased consumer knowledge of the therapeutic advantages of essential oils is one of the main factors propelling the essential oils market in India. Essential oils are well-known for their numerous skin and hair care qualities as well as their ability to reduce stress and promote better sleep and mood. The market for essential oils has expanded as more people look for holistic and natural solutions for their health issues. This consciousness has been strengthened even more by educational initiatives and easier access to knowledge through digital media.

Demand from Different End-Use Sectors: Numerous businesses, including food and drink, cosmetics, medicines, and personal care items, employ essential oils. Essential oils are used in food and beverage production as natural flavourings. They are prized for their scent and health benefits in cosmetics and personal care. Because essential oils have therapeutic benefits in aromatherapy and complementary medicine, the pharmaceutical sector uses them. The demand for essential oils in India is mostly driven by the variety of applications they have across many sectors.

Expansion of the Aromatherapy and Wellness Industry: India's wellness and aromatherapy industry has been expanding gradually due to a growing emphasis on both physical and mental health. As a complementary therapy, aromatherapy—which employs essential oils for therapeutic purposes—has grown in popularity.

• The global industry was valued at US$ 3.0 Bn in 2022
• It is expected to grow at a CAGR of 6.1% from 2023 to 2031 and reach US$ 5.1 Bn by the end of 2031

Market Introduction

Attribute	Detail
Market Drivers	Growth in Demand for Home Care Products Increase in Usage of Lemon Essential Oil in Aromatherapy

Regional Outlook

Attribute	Detail
Leading Region	North America

Lemon Essential Oil Market Snapshot

Attribute	Detail
Market Size in 2022	US$ 3.0 Bn
Market Forecast (Value) in 2031	US$ 5.1 Bn
Growth Rate (CAGR)	6.1%
Forecast Period	2023-2031
Historical Data Available for	2018-2021
Quantitative Units	US$ Bn for Value and Tons for Volume
Market Analysis	It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2022) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Nature Organic Conventional End-use Food & Beverages Pharmaceuticals Aromatherapy Cosmetics & Personal Care Retail/Household Distribution Channel Business to Business Business to Consumer Hypermarkets/Supermarkets Specialty Stores Online Retail Other Retail Formats
Regions Covered	North America Europe Asia Pacific Latin America Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Italy Spain Russia Poland Hungary Balkan & Baltics China India Japan South Korea Thailand Indonesia Malaysia Australia New Zealand KSA Turkiye Brazil Mexico Argentina South Africa
Companies Profiled	Now Health Group, Inc. Citromax Flavors, Inc. Symrise AG Bontoux S.A.S. doTERRA International, LLC Young Living Essential Oils LC Mountain Rose Herbs, Inc. Takasago International Corporation Southern Flavoring Company, Inc. Lionel Hitchen Essential Oils Ltd. International Flavours & Fragrances Inc. Nature's Sunshine Products, Inc Citrus and Allied Essences Ltd. Firmenich S A Citrus Oleo Others (on additional request)
Customization Scope	Available Upon Request
Pricing	Available Upon Request

The global Essential Oil Industry is poised for robust expansion, projected to reach a substantial market size of approximately $XX million in 2025. This impressive growth trajectory is underpinned by a Compound Annual Growth Rate (CAGR) of 8.60% throughout the study period of 2019-2033, indicating sustained and significant market development. The industry's dynamism is fueled by a confluence of powerful drivers, including a burgeoning consumer demand for natural and organic products, a rising awareness of the therapeutic benefits of essential oils in aromatherapy and personal care, and their increasing integration into the food and beverage sector for natural flavoring. Furthermore, the pharmaceutical industry's exploration of essential oils for their antimicrobial and medicinal properties contributes to this upward trend. The diverse range of applications for essential oils, spanning aromatherapy, personal care and cosmetics, food and beverages, pharmaceuticals, and home care products, ensures broad market penetration and sustained demand. Key product types such as Orange Oil, Cornmint Oil, Spearmint Oil, and Cedarwood Oil are leading the charge, with innovation in extraction techniques and novel product formulations further stimulating market growth. While the industry benefits from these strong drivers and diverse applications, it also navigates certain restraints, such as fluctuating raw material prices and stringent regulatory landscapes in specific regions. Nevertheless, the prevailing trends point towards continued innovation in product development, a growing preference for sustainable sourcing, and an expanding global footprint for essential oil manufacturers and suppliers. Key players like Givaudan SA, Doterra Holdings LLC, and Robertet are actively shaping the market landscape through strategic investments and product diversifications. Key drivers for this market are: Increasing Incidences of Food Allergies, Favorable Government Initiatives and Regulations for Food Safety. Potential restraints include: Inconsistencies Involved in Food Allergen Declarations. Notable trends are: Multiple Applications for Essential Oils and Increasing Demand for Organic Products Contribute to the Market's Expansion..

Global Essential Oil market was valued at USD 20.34 billion in 2024 and is expected to grow to USD 29.54 billion by 2030 with a CAGR of 7.54% during the forecast period.

Pages	182
Market Size	2024: USD 20.34 Billion
Forecast Market Size	2030: USD 29.54 Billion
CAGR	2025-2030: 7.54%
Fastest Growing Segment	Indirect
Largest Market	Europe
Key Players	1. Sydney Essential Oil Company 2. Biolandes SAS 3. India Essential Oils 4. H. Reynaud & Fils 5. Young Living Essential Oils, LC 6. Essential Oils New Zealand Ltd 7. Farotti Srl 8. Falcon 9. Aethon International LLP 10. A.G. Organica

The essential oil industry is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 8.60% from 2025 to 2033. This expansion is driven by several key factors. Increasing consumer awareness of natural and holistic health solutions fuels demand for aromatherapy and personal care products incorporating essential oils. The burgeoning food and beverage industry's interest in natural flavorings and preservatives further contributes to market growth. Furthermore, the pharmaceutical sector's exploration of essential oils for therapeutic applications presents a significant opportunity. While challenges exist, such as price fluctuations in raw materials and the potential for adulteration, the overall market trajectory remains positive. Segment analysis reveals strong performance across various essential oil types, with orange, lemon, and eucalyptus oils consistently popular. Applications in aromatherapy and personal care are particularly dynamic, reflecting consumer preferences for natural and effective products. Geographic analysis suggests North America and Europe currently hold significant market shares, although the Asia-Pacific region is expected to demonstrate substantial growth in the coming years due to rising disposable incomes and increasing awareness of the benefits of essential oils. Established players like Givaudan SA and Robertet are driving innovation and market consolidation, while smaller niche players cater to specialized demands. The competitive landscape is dynamic, with established multinational companies competing alongside smaller, specialized businesses focusing on specific essential oil types or applications. Successful strategies emphasize product differentiation, sustainable sourcing, and high-quality standards. The ongoing trend towards natural and sustainable products presents considerable growth opportunities, demanding innovation in extraction techniques, product formulation, and supply chain management. Future market expansion will likely be shaped by the increasing demand for certified organic oils, traceable sourcing practices, and a focus on meeting consumer preferences for transparency and authenticity. The industry's future success hinges on effectively addressing environmental sustainability concerns, fostering innovation in product development, and building consumer trust through rigorous quality control. The forecast indicates a significant expansion of the essential oil market across all segments and regions, presenting attractive investment prospects and driving continued innovation in this dynamic sector. Recent developments include: October 2022: doTERRA announced the launch of new natural and sustainably sourced essential oils. The newly launched essential oils include eucalyptus essential oil and guaiac wood essential oil., September 2022: Robertette launched a brand-new online sales platform for essential oil. The platform offers a wide range of essential oils, vegetal oils, and floral waters, with absolute CO2 extracts and more planned for launch in the not-too-distant future., April 2022: Phoenix Flavors and Fragrances, a leading developer and compounder of high-performance flavors and fragrances, announced the acquisition of Innovative Fragrances Inc., an Atlanta-based developer and compounder of fragrance compounds serving a diverse set of end markets including home fragrance, personal care, candles, and other air fresheners. The acquisition of IFI aligns with the Company's vision of creating a market-leading developer of high-performance flavors and fragrances, supported by a strong team of perfumers and regulatory experts to meet customer-specific requirements and needs.. Notable trends are: Multiple Applications for Essential Oils and Increasing Demand for Organic Products Contribute to the Market's Expansion..

Essential Oil Market is segmented By Extraction Technique (Solvent Extraction, Expressed Oils, Distillation, Others), and Product Type (Orange, Jasmine, Eucalyptus, Others)

The demand for Asia Pacific Essential Oil and Oleoresin market is expected to be valued at USD 20.18 Billion in 2025, forecasted at a CAGR of 3.5%to have an estimated value of USD 26.33 Billion from 2025 to 2035. From 2020 to 2024 a CAGR of 3.2% was registered for the market.

Attributes	Description
Estimated Industry Size (2025E)	USD 20.18 Billion
Projected Industry Value (2035F)	USD 26.33 Billion
Value-based CAGR (2025 to 2035)	3.5%

Country wise Insights

Countries	CAGR (2025 to 2035)
India	5.5%
Japan	4.3%
China	3.5%

Category-wise Insights

Segment	Value Share (2025)
Food and Beverages (Application)	44%

Segment	Value Share (2025)
Indirect Sales (Distribution Channel)	69%

Essential Oils Market size worth at USD 268.21 Billion in 2023 and projected to USD 449.30 Billion by 2032, with a CAGR of around 5.9% between 2024-2032.

The booming plant-extracted essential oil market is projected to reach $28 billion by 2033, fueled by rising demand for natural products and aromatherapy. Explore market size, CAGR, key players, and regional trends in this comprehensive analysis.