About Aromatherapy Oil
Aromatherapy is One of the Complementary Therapies Used Along Mainstream Medication Which Use Aromatherapy Oils as the Major Therapeutic Agents to Treat Several Ailments. The Aromatherapy Oils are Extracted From the Flowers, Barks, Stem, Leaves, Roots, Fruits and Other Parts of the Plant by Numerous Methods. Inhalation, Local Application, and Baths are the Main Methods Used in Aromatherapy that Utilize These Oils to Penetrate the Human Skin Surface Utilizing Various Permutation and Combinations to Get Relief from Several Ailments like Depression, Indigestion, Headache, Insomnia, Muscular Ache, Respirational Problems, Skin Diseases, Swollen Joints, Urine Related Problems Etc. Steam Distillation, Cold Pressing, and Resin Tapping are Some of the Industrial Methods Used for the Extraction of Essential Oils
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Aromatherapy oils market is moderately fragmented with the presence of a good number of players worldwide. Some of the leading players are adopting some organic and inorganic strategies such as a merger, acquisition, expansion, new product launches, among others in order to gain leading share within the market. Owing to the supportive government regulations there are massive opportunities emerging for the new entrants Analyst at AMA Research estimates that United States and European Vendors will contribute the maximum growth to Global Aromatherapy Oil market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Doterra (United States), Young Living (Netherlands), Edens Garden (United States), Hermitage Oils (United Kingdom), Radha Beauty (United States), Majestic Pure (United States), Now Foods (United States), Artnaturals (United States), Healing Solutions (United States) and Rocky Mountain Oils (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mountain Rose Herbs (United States), Aromaaz International (New Delhi), The Lebermuth Company (United States), Moksha Lifestyle (India) and Sydney Essential Oil Co. (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Aromatherapy Oil market by Type (Citronella, Corn Mint, Eucalyptus, Orange, Lemon, Clove Leaf, Others, Cinnamon, Citronella, Clove, Cumin Seed, Cypriol, Davana, Dill Seed and Others), Application (Medical {Pharmaceutical and Nutraceuticals}, Cosmetics & Personal Care Products {Skin Care, Hair Care, Sun Care, and Others}, Spa & Salon Products {Aromatherapy and Massage Oil}, Food and Beverages {Dairy, Bakery, Confectionery, Meat, Poultry & Seafood, Snacks, Nutritional Bars and Others} and Others) and Region.
On the basis of geography, the market of Aromatherapy Oil has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Hypermarket/Supermarket will boost the Aromatherapy Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Concern, the sub-segment i.e. Wrinkles will boost the Aromatherapy Oil market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Aromatherapy Oils with Widespread Usage in Home, Therapeutics, Pharma Sector Owing To Their Health Benefits
Market Growth Drivers:
Rising Spa and Relaxation Centres Owing to the Rise in Disposable Income has Stimulated the Increased Usage of Aromatherapy Oils for Distressing and Other Therapeutic Usage and Shifting Trend of the Consumer from Synthetic to Organic Products in Food and Cosmetics Products due to Growing Rejection of Synthetic Products Owing to their Side-Effects
Challenges:
Lack of Clinical Information Regarding The Benefits of Aromatherapy Oils by May Pose a Challenge and High Manufacturing Costs of Aromatherapy Oils May Restrict the Market Share
Restraints:
Stringent Government Regulations Concerning the Manufacturing, Export, and Import of Aromatherapy Oils may Hinder the Widespread Growth
Opportunities:
There is an Increased Opportunity for Usage of Aromatherapy Oils in Pharmaceuticals Industry due to Their Antimicrobial and Antioxidant Applications and Hectic Lifestyle has Resulted in Alarming Number of People Suffering From Anxiety and Depression Disorders Paying Way for surging Traditional Aromatherapy Oils Usage for Health Recovery and Well-Being
Market Leaders and their expansionary development strategies
In Oct. 2019, Doterra, an Aromatherapy Oils Manufacturer Introduced 14 New Essential Oil Products, Including Four New Single Essential Oils and In November 2019, Jeunesse Global Entered the Aromatherapy Oils Market with EVOK, a Premium Line of Aromatherapy Oils
In September 2019, Procter & Gamble Co. Launched a New Antiperspirant Collection Made Exclusively From Aromatherapy Oils
Key Target Audience
Manufacturers, Investors, Distributors/Traders, Importers/Exporters, Regulatory and Government Bodies, Downstream Vendors, Up-Stream Vendors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.