Saudi Arabia Essential Oil Market is thriving, driven by growing consumer interest in natural products and wellness. Essential oils are derived from plants and are renowned for their aromatic and therapeutic properties. The market has witnessed significant demand due to its various positive attributes, including stress relief, aromatherapy, skincare, and home cleaning solutions. The versatility of essential oils has led to their integration into diverse industries, such as personal care, food and beverages, and aromatherapy. This trend reflects a shift towards sustainable and holistic lifestyles, promoting overall well-being among consumers.
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Data Bridge Market Research analyses that the Saudi Arabia essential oil market is expected to grow to USD 27.96 million by 2029, at a CAGR of 7.1% during the forecast period of 2022 to 2029. A rising focus on health and well-being has led to the popularity of aromatherapy and wellness practices. Essential oils play a significant role in aromatherapy due to their soothing and therapeutic properties.
Key Findings of the Study
Increasing use of aromatherapy diffusers is expected to drive the market's growth rate
The increasing use of essential oils in aromatherapy diffusers has become a driver for the essential oil market. Aromatherapy diffusers are gaining popularity as they offer a convenient and effective way to disperse the aromatic properties of essential oils, promoting relaxation and stress relief. The user-friendly nature of these diffusers, along with the growing interest in natural and holistic wellness practices, has contributed to the rising demand for essential oils as a preferred choice for creating a soothing and fragrant ambiance at home or in wellness settings.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Citrus Oils, Herb Oils, Aromatic Oils, Mint Oils, Spice Oils, Spice Seed Oils, and Others), Parts Used For Extraction (Flowers, Leaves, Fruit, Cloves, Seed, and Bark), Extraction Method (Cold Pressed, Solvent Extraction, Supercritical Extraction, Enzymatic Extraction, And Others), Nature (Organic And Conventional), Category (Natural And Synthetic), Product Category (Singles And Blends), Application (Food and Beverages, Dietary Supplements, Sports Nutrition, Personal Care, Cosmetic, Aromatherapy, Home Care, Animal Feed, And Others)
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Market Players Covered
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RopaPharm Delacon Biotechnik GmbH (Austria), doTERRA (Saudi ARABIA), Kelvin Natural Mint Pvt. Ltd. (India), Young Living Essential Oils (Saudi Arabia), AURA CACIA (Saudi Arabia), Kshrey, Inc (India), Silverline Chemicals (India), Vigon International, LLC. (SAUDI ARABIA), Bulk Apothecary (Saudi Arabia), Lemon Oil Manufacturers (India), KM Chemicals (India) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
Saudi Arabia essential oil market is segmented on the basis of type, parts used for extraction, extraction method, nature, category, product category, and application.
- On the basis of type, the Saudi Arabia essential oil market is segmented into Citrus Oils, herb oils, aromatic oils, mint oils, spice oils, spice seed oils, and others
- On the basis of parts used for extraction, the Saudi Arabia essential oil market is segmented into flowers, leaves, fruit, cloves, seed, and bark
- On the basis of extraction method, the Saudi Arabia essential oil market is segmented into cold pressed, solvent extraction, supercritical extraction, enzymatic extraction, and others
- On the basis of nature, Saudi Arabia essential oil market is segmented into organic, conventional
- On the basis of category, Saudi Arabia essential oil market is segmented into natural, synthetic
- On the basis of product category, the Saudi Arabia essential oil market is segmented into Singles and blends
- On the basis of application, the Saudi Arabia essential oil market is segmented into food and beverages, dietary supplements, Sports Nutrition, personal care, cosmetic, aromatherapy, home care, Animal Feed, and others
Major Players
Data Bridge Market Research recognizes the following companies as the major Saudi Arabia essential oil market players in Saudi Arabia essential oil market are doTERRA (Saudi Arabia), Kelvin Natural Mint Pvt. Ltd. (India), Young Living Essential Oils (Saudi Arabia), AURA CACIA (Saudi Arabia), Kshrey, Inc (India), Silverline Chemicals (India), Vigon International, LLC. (Saudi Arabia)
Market Developments
- In 2022, doTERRA is growing rapidly with Expansion into India. doTERRA's essential oils are sourced from India, Asia, the Pacific, the Middle East, and Africa, so an operating presence in India makes strategic sense for doTERRA’s global growth.
- In 2022, Givaudan acquired Myrissi (France). The acquisition of Myrissi would enable Givaudan’s long-term Fragrance & Beauty strategy; their expertise in AI would support Givaudan in proposing new organoleptic approaches to consumers.
- In 2022, MANE KANCOR’s innovation Center was opened at Angamaly, focusing on innovations in natural shelf-life solutions, natural color solutions, culinary taste solutions, personal care ingredients, and nutraceutical products.
- In 2022, the acquisition of Flavor Solutions, Inc. (US) grew Sensient’s flavor portfolio through the expansion of its traditional flavor offering as well as the addition of savory reaction flavors, natural shelf-life extender technologies, and additional sweetness enhancing and salt reduction taste-modulation technology platforms.
- In 2020, dOTERRA launched several new essential oil products Helichrysum touch, and three new wellness programs designed to help people focus on health goals
- In 2020, Young Living Essential Oils launched new products in the happy, healthy home category, including Cassia oil, Ecuadorian oregano oil, and one heart essential oil
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