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Middle East and Africa Essential Oil Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Food & Beverage
  • Upcoming Report
  • Jun 2022
  • MEA
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Middle East and Africa Essential Oil Market, By Type (Singles, Blends), Products (Lavender Oil, Lemon Oil, Orange Oil, Frankincense, Chamomile Oil, Lime Oil, Rosemary, Tea Tree, Patchouli Oil, Lavandin Oil, Lemongrass Oil, Citronella Oil, Balsam, Bergamot, Mandarine Oil, Eucalyptus Oil, Clove Oil, Cedarwood Oil, Coriander Oil, Basil Oil, Cornmint Oil, Peppermint Oil, Spearmint Oil, Litsea Cubeba Oil, Others), Application (Spa and Relaxation, Cleaning and Home, Food and Beverages, Medical, Others), Extraction Method (Distillation, Cold Press Extraction, Carbon Dioxide Extraction, Solvent Extraction, Others), Distribution Channel (Direct, Retail) – Industry Trends and Forecast to 2029

Middle East and Africa Essential Oil Market

Market Analysis and Size

The essential oils market is primarily driven by the health benefits they provide. As a result, the market witnessed rapid growth in its application, as they are now used in almost every industry, from food and beverage to medicines and animal feed, and personal care products.

Data Bridge Market Research analyses that the essential oil market was valued at USD 4.33 million in 2021 and is expected to reach the value of USD 16.39 million by 2029, at a CAGR of 18.1% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Singles, Blends), Products (Lavender Oil, Lemon Oil, Orange Oil, Frankincense, Chamomile Oil, Lime Oil, Rosemary, Tea Tree, Patchouli Oil, Lavandin Oil, Lemongrass Oil, Citronella Oil, Balsam, Bergamot, Mandarine Oil, Eucalyptus Oil, Clove Oil, Cedarwood Oil, Coriander Oil, Basil Oil, Cornmint Oil, Peppermint Oil, Spearmint Oil, Litsea Cubeba Oil, Others), Application (Spa & Relaxation, Cleaning & Home, Food & Beverages, Medical, Others), Extraction Method (Distillation, Cold Press Extraction, Carbon Dioxide Extraction, Solvent Extraction, Others), Distribution Channel (Direct, Retail),

Countries Covered

UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa

Market Players Covered

GrainCorp (Australia), Malteurop (France), Rahr Corporation (U.S.), Boortmalt (Belgium), Indesso (Spain), Lipoid Kosmetic AG (Germany), The Herbarie at Stoney Hill Farm, Inc. (U.S.), International Flavors& Fragrances, Inc. (Netherlands), Bell Flavors & Fragrances (France), Rutland Biodynamics Ltd. (Scotland), Prakruti Products Pvt. Ltd (India), Ambe Phytoextracts Pvt. Ltd. (Austria), The Green Labs LLC (Netherlands), Berje, Inc. (Italy), Umalaxmi Organics Pvt. Ltd. (India), DSM (Netherlands)

Opportunities

  • Increased disposable income and standard of living
  • The variety of essential oil applications in personal care products is expanding rapidly

Market Definition

Essential oils are concentrated extracts of plant parts such as leaves, herbs, and barks. These are volatile, aromatic plant essences with flavouring properties that make them extremely useful in food and beverage, cosmetics, home care and cleaning, aromatherapy, and fragrance applications.

Drivers

  • Long shelf life as well as growing demand from personal care industry

Essential oil has a long shelf life because it does not oxidise or become rancid and does not degrade when subjected to high temperatures and pressure because of this property, it is used in a variety of skin care products, including moisturisers, facial cleansers, scar and stretch mark minimizers, and anti-acne gels, as well as hair care products, including conditioners, de-tangling creams, and hair regrowth serums.

  • The growing application in supplement and pharmaceutical industries

In addition, essential oil contains a variety of vitamins and minerals, including vitamin E and B complex, silicon, chromium, copper, iodine, and zinc. As a result, it is used as a diet supplement and as a key ingredient in several pharmaceutical products for the treatment of sores, cuts, bruises, burns, and athlete's foot and warts. Furthermore, as some plants seeds can be cultivated after five years, leading companies are investing in R&D activities to develop innovative and cost-effective technologies to ensure a consistent supply of oil resources.

Opportunity

Increased disposable income and standard of living are the major factors driving the growth of the essential oil market; increased demand for personal care products drives the market rapidly. The variety of essential oil applications in personal care products is expanding rapidly, which is likely to create new opportunities for essential oil market manufacturers during the forecast period.

Restraints

However, the market's growth is expected to be hampered by a limited supply of raw materials and stringent quality standards. The consumption of natural reserves and the subsequent outcomes associated with some essential oils restrain market growth.

This essential oil market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the essential oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Essential Oil Market

Despite the fact that the COVID-19 pandemic had a negative impact on several industries, the essential oils market grew during this time. As mentioned essential oils have antimicrobial, antioxidant, and anti-infective properties, they are used to treat a variety of health conditions such as stress, immunity disorders, sleep disorders, and depression. As a result, the importance of the essential oils market increased during the pandemic as the number of patients with mental health problems increased, propelling the market's growth.

Recent development

  • Firmenich completed the acquisition of Les Derives Résiniques et Terpeniques, a Middle East and Africa leader in developing and supplying high-quality, renewable, and naturally derived ingredients, in May 2020. This acquisition would position Firmenich as a leader in renewable ingredients for perfumery and other applications.
  • dôTERRA announced several new essential oil products and diffusers in October 2020 and three new wellness programmes to help people focus on their specific health goals.
  • Givaudan acquired Myrissi in February 2021. Givaudan's long-term Fragrance & Beauty strategy would be aided by the acquisition of Myrissi. Their AI expertise would help Givaudan propose new organoleptic approaches to consumers.

Middle East and Africa Essential Oil Market Scope

The essential oil market is segmented on the basis of products, application, extraction method and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Extraction method

  • Distillation
  • Cold Press Extraction
  • Carbon Dioxide Extraction
  • Solvent Extraction
  • Others

Products

  • Lavender Oil
  • Lemon Oil
  • Orange Oil
  • Frankincense
  • Chamomile Oil
  • Lime Oil
  • Rosemary
  • Tea Tree
  • Patchouli Oil
  • Lavandin Oil
  • Lemongrass Oil
  • Citronella Oil
  • Balsam
  • Bergamot
  • Mandarine Oil
  • Eucalyptus Oil
  • Clove Oil
  • Cedarwood Oil
  • Coriander Oil
  • Basil Oil
  • Cornmint Oil
  • Peppermint Oil
  • Spearmint Oil
  • Litsea Cubeba Oil
  • Others

Application

  • Spa and Relaxation
  • Aromatherapy
  • Massage oil
  • Personal care
  • Fragrance
  • Cosmetics
  • Cleaning and Home
  • Food and Beverages
  • Medical
  • Others

Distribution channel

  • Direct
  • Retail
  • Supermarket/hypermarket
  • Online retailing

Essential Oil Market Regional Analysis/Insights

The essential oil market is analysed and market size insights and trends are provided by country, products, application, extraction method and distribution channel as referenced above.

The countries covered in the essential oil market report are UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Essential Oil Market Share Analysis

The essential oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to essential oil market.

Some of the major players operating in the essential oil market are:

  • GrainCorp (Australia)
  • Malteurop (France)
  • Rahr Corporation (U.S.)
  • Boortmalt (Belgium)
  • Indesso, (Spain)
  • Lipoid Kosmetic AG (Germany)
  • The Herbarie at Stoney Hill Farm, Inc. (U.S.)
  • International Flavors& Fragrances, Inc. (Netherlands)
  • Bell Flavors& Fragrances (France)
  • Rutland Biodynamics Ltd. (Scotland)
  • Prakruti Products Pvt. Ltd (India)
  • AmbePhytoextractsPvt. Ltd. (Austria)
  • The Green Labs LLC (Netherlands)
  • Berje, Inc. (Italy)
  • Umalaxmi Organics Pvt. Ltd. (India)
  • DSM (Netherlands)


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Frequently Asked Questions

The Middle East and Africa Essential Oils Market segmented By Application such as Spa and Relaxation, Cleaning and Home, Food and Beverages, Medical, Others.
The major players covered in the essential oils market report are H. REYNAUD & FILS, Lebermuth, Inc., dōterra, FAROTTI SRL, FLAVEX Naturextrakte GmbH, Ungerer & Company, Cargill Incorporated, Dupont, YoungLiving, Rocky Mountain Oils, LLC, Robertet SA, Givaudan, Moksha, Sensient Colors LLC, Sydney Essential Oil Co. Pty Ltd., Edens Garden, Essential Oils of New Zealand Ltd., DSM among others.
This Middle East and Africa Essential Oil Market provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
The Middle East and Africa Essential Oil Market value is expected USD 16.39 million by 2029.