Essential Oil Market
                     Essential Oil Market
Set to Exceed USD 453.2 billion by 2026 | CAGR 6.8%
“Essential Oil Market [By Product Type (Lemon, Lime, 
Orange, Corn Mint, Eucalyptus, Peppermint, 
Citronella, Clove Leaf, Others); By Distribution 
Channel (Offline Stores, Online Platforms); By 
Application (Healthcare and Pharmaceutical, 
Cleaning, Food and Beverages, Spa and Wellness, 
Others); By Region]: Market Size & Forecast, 2018 – 
2026”
Essential Oil Market Estimate & Forecast to 2026
According to a new report published by Polaris Market Research the essential oil market is 
anticipated to reach USD 16,172.2 million by 2026. In 2017, the orange essential oil 
segment dominated the global market, in terms of revenue. Europe is expected to be the 
leading contributor to the global market revenue during the forecast period.
A significant increase in disposable income, changing lifestyles, and initiatives by market 
players to promote healthy lifestyles drive the growth of this market.  Other driving factors 
include increasing incidences of stress and anxiety, growing inclination towards use of 
natural and organic products, and increasing awareness regarding physical and mental 
health. The use of essential oils in various applications such as food and beverages, 
healthcare, pharmaceutical, cosmetics, and aromatherapy further propel the market growth. 
Increasing demand in developing nations is expected provide numerous growth 
opportunities to the market players during the forecast period.
There has been a shift towards e-commerce and consumers are increasingly purchasing 
essential oils through online platforms. The variety of choices available coupled with ease of 
purchase offered by online platforms encourages consumers to buy essential oils online, 
supplementing the growth of the market.
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Essential Oil Market Scope
By Product Type By Distribution Channel By Application By Region Report Attributes
 Lemon  Offline Stores  Healthcare and  North America  Historic year: 2015-2016
 Lime  Online Platforms Pharmaceutical  Europe  Base year: 2017
 Orange  Cleaning  Asia Pacific  Forecast Year: 2018-
 Corn mint  Food and Beverages  Latin America Middle 2026
 Eucalyptus  Spa and Wellness East & Africa  Revenue (USD Million)
 Peppermint  Others
 Citronella
 Clove leaf
 Others
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Essential Oil Market Estimate & Forecast to 2026
The different types of essential oils in the market include lemon, lime, orange, corn mint, 
eucalyptus, peppermint, citronella, clove leaf, and others. In 2017, the orange essential oil 
segment accounted for the highest market share. The increasing demand for orange 
essential oil is owing to properties such as anti-inflammatory, antidepressant, and 
antispasmodic. Use of orange essential oil has a calming effect on mind and body, and is 
used in various cosmetics products. It is also used in various foods and beverages to 
enhance flavor.
 
The well-known companies profiled in the report include Dōterra International LLC., Rocky 
Mountain Oils, LLC, Naturals Together, Robertet SA, Now Health Group, Inc., Biolandes SAS, 
Falcon Essential Oils, Ungerer Limited, The Lebermuth Company, Flavex Naturextrakte 
GmbH, Farotti Srl, and E. I. Du Pont De Nemours and Company among others. These 
companies launch new products and collaborate with other market leaders to innovate and 
launch new products to meet the increasing needs and requirements of consumers.
                                                                                    
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Essential Oil Market Share
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