NEW YORK, Oct. 15, 2023 /PRNewswire/ — The organic essential oils market size is expected to grow by USD 2.54 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 7.51% during the forecast period, according to Technavio. Health benefits associated with organic essential oils are notably driving the organic essential oils market. However, factors such as the Increasing availability of counterfeit products may impede market growth. The market is segmented by application (Food and beverage, Personal care and cosmetics, and Pharmaceuticals ), type (Orange oil, Mint oil, Lemon oil, Eucalyptus oil, and Others ), and geography (Europe, North America, APAC, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the organic essential oils market, including Avi Naturals, BMV Fragrances Pvt. Ltd., Eden Botanicals, FLAVEX Natural Extracts GmbH, Givaudan SA, International Flavors and Fragrances Inc., Koninklijke DSM NV, Mane Kancor Ingredients Pvt. Ltd., Moksha Lifestyle, NHR Organic Oils, Norex Flavours Pvt. Ltd., Organic Infusions, Plant Therapy Inc., Robertet SA, Symrise AG, Synthite Industries Pvt. Ltd., Takasago International Corp., Ultra International Ltd., VedaOils, and Vidya Herbs Pvt. Ltd.. This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information
Organic Essential Oils Market 2023-2027: Company Analysis
BMV Fragrances Pvt. Ltd.: The company offers organic essential oils such as frankincense oil, black pepper oil, cardamom oil, clove bud oil, fennel seed oil, ginger oil, and juniper berry oil.
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Organic Essential Oils Market 2023-2027: Segmentation
- The market share growth by the food and beverages segment will be significant during the forecast period. The food and beverage industry is experiencing a growing utilization of essential oils, particularly organic ones, to enhance the flavor and incorporate medicinal benefits into their products.
- Europe is estimated to account for 38% of the global market growth during the forecast period. In Europe, there is a substantial demand for organic essential oils owing to their numerous health advantages and versatile applications in various sectors, including pharmaceuticals, cosmetics, food, and beverages. Key markets for organic essential oils in Europe include Germany, the United Kingdom, France, and Spain.
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Organic Essential Oils Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.51% |
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Market growth 2023-2027 |
USD 2.54 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
7.31 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 38% |
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Key countries |
US, Canada, Japan, Germany, and The Netherlands |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Avi Naturals, BMV Fragrances Pvt. Ltd., Eden Botanicals, FLAVEX Natural Extracts GmbH, Givaudan SA, International Flavors and Fragrances Inc., Koninklijke DSM NV, Mane Kancor Ingredients Pvt. Ltd., Moksha Lifestyle, NHR Organic Oils, Norex Flavours Pvt. Ltd., Organic Infusions, Plant Therapy Inc., Robertet SA, Symrise AG, Synthite Industries Pvt. Ltd., Takasago International Corp., Ultra International Ltd., VedaOils, and Vidya Herbs Pvt. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Excustive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
