Essential Oil Market is driven by Growing health and
wellness awareness

The essential oil market has witnessed significant growth in
the recent years, owing to wide range of applications in aromatherapy, personal
care, health care, and food & beverages industries. Essential oils are
highly concentrated plant extracts that offer therapeutic properties through
aromatherapy. Rising health and wellness awareness among individuals has
boosted the demand for essential oils globally. Essential oils provide numerous
health benefits such as reducing stress and anxiety, improving immunity and
sleep, lessening pain, and treating various illnesses like cold, cough, and
nasal congestion.

The Global
essential oil market is estimated to be valued at US$ 21.66 Bn in 2024 and is
expected to exhibit a CAGR of 10.% over the forecast period 2024 To 2031.



Key Takeaways

Key players operating in the essential oil market are BSN, Finaflex, EFX
Sports, Nutrex Research, SynTech Nutrition, BPI Sports LLC, Nutrabolt, JNX Sports,
SAN, eFlow Nutrition LLC. These major players are adopting collaboration and
partnership strategies to expand their footprint in the emerging economies and
meet the growing demand.

The increasing awareness about health and wellness among
individuals is fueling the Essential
Oils Market Demand. Essential oils offer numerous health benefits like
reducing stress and anxiety, improving immunity and sleep, lessening pain, and
treating illnesses like cold, cough, and nasal congestion which is boosting
their adoption.

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Insights on- Essential
Oil Market