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Essential Oil Market Share, Supply Demand, share and Value Chain 2016-2020

Chemicals Research

Updated on Jun 15, 2016

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Essential Oil (Orange, Corn Mint, Eucalyptus, Citronella, Pepper Mint, Lemon, Clover Leaf, Lime, Spearmint) Market for Medical, Food & Beverage, Spa & Relaxation, Cleaning & Home, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020

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Zion Research has published a new report titled “Essential Oil (Orange, Corn Mint, Eucalyptus, Citronella, Pepper Mint, Lemon, Clover Leaf, Lime, and Spearmint) Market for Medical, Food & Beverage, Spa & Relaxation, Cleaning & Home, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020.” According to the report, global demand for essential oil market was valued at around USD 5.50 billion in 2014 and is expected to reach around USD 9.80 billion in 2020, growing at a CAGR of approximately 9% between 2015 and 2020. In terms of volume, the global essential oil market stood at 160.0 kilo tons in 2014.

Essential oils are also known as volatile or ethereal oil or aetherolea. An essential oil is a concentrated hydrophobic liquid containing volatile aroma compounds from plants. It is extracted from the vast variety of plants and herbs like orange, corn mint, eucalyptus, citronella, pepper mint, lemon, clover leaf, lime, and spearmint, etc. Essential oils are generally extracted by distillation, often by using steam. Other processes include expression, solvent extraction, absolute oil extraction, resin tapping, and cold pressing. They are used in perfumes, cosmetics, soaps and other products, for flavoring food and drink, and for adding scents to incense and household cleaning products.

Browse the full "Essential Oil (Orange, Corn Mint, Eucalyptus, Citronella, Pepper Mint, Lemon, Clover Leaf, Lime, Spearmint) Market for Medical, Food & Beverage, Spa & Relaxation, Cleaning & Home, and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020" report at http://www.marketresearchstore.com/report/essential-oil-market-z38554

Global essential oil market is mainly driven by increasing demand from natural and organic care products due to increasing health issues among the consumers. Development in organic product industry attracts the attention of consumers and manufacturers. Sharp rise in demand for natural aromatic flavors and fragrances in cosmetics, perfumes, as well as spa and relaxation applications is anticipated to foster the demand for essential oils. However, availability of synthetic substitutes and high prices of essential oils will be major concern for manufacturers.

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