Essential Oils Market Size & Trends | Growth, Share, Research 2019-2027
                     GLOBAL ESSENTIAL 
OILS MARKET
FORECAST 2019-2027

• The essential oils are extracted from plants using 
the distillation, and its applications are found in 
perfumes, soaps, cosmetics, etc.
• The global essential oils market is estimated to 
grow at a CAGR of 9.18% and generate a revenue 
of $4487.31 million by 2027. 
• The rising demand for natural products, shifting 
preferences towards natural personal care, rising 
demands for flavors and fragrances are the factors 
that stimulate the growth of essential oils market.
• The essential oils are utilized across many end-user industries. 
• The global personal care products sector is estimated to witness 
substantial growth during the forecast period.
• The rising disposable consumer income, increasing working 
women’s population, adoption of natural products due to awareness 
about female hygiene and health, choice of natural products over 
products with chemical or synthetic content, are the factors 
estimated to contribute to the growth of global essential oils market.
• The expensive products, the limited access to raw materials, and 
the lack of awareness, restrict the growth of the market.
• The favorable government regulations can provide ample 
opportunities for the growth of the essential oils market, along with 
its adoption in the agrochemical sector.
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The Global essential oils market is estimated to grow at a CAGR of 9.18% and 
generate a revenue of $4487.31 million by 2027.
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The North America essential oil market is estimated to 
grow at a CAGR of 8.07% during the forecast period. 
The introduction of government initiatives, surging 
aromatherapy and pharmaceutical segments, the 
demand for ‘green solution,’ increasing consumer 
demands and awareness, adoption of natural 
products over synthetic are the factors estimated to 
contribute in the growth of the North American 
essential oils market.
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The Europe essential oils market is estimated to 
grow at a CAGR of 8.21% during the forecast 
period. The introduction of new amendments, the 
presence of food and beverage industries, rising 
disposable incomes, high standards of living, 
preference of chemical-free cosmetics, are the 
factors contributing substantially to the growth of 
European essential oils market.
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The Asia Pacific essential oils market is expected 
to project a CAGR of 8.23% during the forecast 
period. The rising demands for essential oils, 
expanding distribution networks, increasing 
preference for native products, expanding food and 
beverages industries, rising urban class population, 
etc. are some of the factors contributing to the 
growth of the Asia Pacific market. 
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The rising urban population is resulting in increased consumer 
awareness and demands, all of which has resulted in the 
emergence of various players in the region. Some of the major 
companies are Moksha Lifestyle Products, Rocky Mountain 
Essential Oils, Falcon Essential Oils, West India Spices, Inc., 
etc.