The U.S. essential oil market thrives, 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 U.S. Essential Oil Market is expected to grow to USD 5,953.07 million by 2029, at a CAGR of 10.0% during the forecast period of 2022 to 2029. Increasing awareness about the benefits of natural products and a preference for chemical-free alternatives has driven the demand for essential oils as a natural and holistic solution for various health and wellness needs.
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 driven 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 and the growing interest in natural and holistic wellness practices have 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 And Others), Parts Used For Extraction (Seed, Bark, Cloves, Leaves, Fruit, Flower), Extraction Method (Cold Pressed, Solvent Extraction, Supercritical Extraction, Enzymatic Extraction And Others), Nature (Organic, Conventional), Category (Natural, Synthetic), Product Category (Singles, Blends), Application (Food & Beverages, dietary supplements, Sports Nutrition, Personal Care, Cosmetics, Aromatherapy, Home Care, Animal Feed, Others)
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Market Players Covered
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RopaPharm Delacon Biotechnik GmbH (Austria), doTERRA (U.S.), Kelvin Natural Mint Pvt. Ltd. (India), Young Living Essential Oils (U.S.), AURA CACIA (U.S.), Kshrey, Inc (India), Silverline Chemicals (India), Vigon International, LLC. (U.S.), Bulk Apothecary (U.S.), 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:
The U.S. 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 U.S. essential oil market is segmented into citrus oils, herb oils, aromatic oils, mint oils and others
- On the basis of parts used for extraction, the U.S. essential oil market is segmented into seed, bark, cloves, leaves, fruit, flower
- On the basis of extraction method, the U.S. essential oil market is segmented into cold pressed, solvent extraction, supercritical extraction, enzymatic extraction and others
- On the basis of nature, the U.S. essential oil market is segmented into organic, conventional
- On the basis of category, the U.S. essential oil market is segmented into natural, synthetic
- On the basis of product category, the U.S. essential oil market is segmented into singles, blends
- On the basis of application, the U.S. essential oil market is segmented into food and beverages, dietary supplements, sports nutrition, personal care, cosmetics, aromatherapy, home care, animal feed, others.
Major Players
Data Bridge Market Research recognizes the following companies as the major U.S. essential oil market players in U.S. essential oil market are doTERRA (U.S.), Kelvin Natural Mint Pvt. Ltd. (India), Young Living Essential Oils (U.S.), AURA CACIA (U.S.), Kshrey, Inc (India), Silverline Chemicals (India), Vigon International, LLC. (U.S.)
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.
For more detailed information about the U.S. essential oil market report, click here – https://www.databridgemarketresearch.com/reports/us-essential-oil-market
