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U.S. Essential Oils Market Size to Reach over USD 6 Billion by 2026 – Arizton

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U.S. Essential Oils Market Size to Reach over USD 6 Billion by 2026 – Arizton

December 21
17:57 2020

The U.S. essential oils market by revenue is expected to grow at a CAGR of 7% during the period 2021–2026.  

 

The consumption of the essential oils in the US is estimated at 96.45 kilotons in 2020 and is expected to reach 158.88 kilotons by 2026, growing at a CAGR of 8.67%. The presence of a large volume of buyers in the end-user industries and the rising awareness of natural and organic products among consumers are major factors influencing the US market. The US is one of the major contributors to the world essential oils market as it is witnessing increasing application in the preventive healthcare industry. Factors such as surging aromatherapy and pharmaceutical application, the increasing demand for “green solution,” and the high adoption of natural products over synthetic are the factors expected to contribute to the growth of the essential oils market in US.

 

The following factors are likely to contribute to the growth of the U.S. essential oils market during the forecast period:

  • Demand for Aromatherapy & Other Natural Therapies
  • Consumption of Essential Oils by Cosmetics & Personal Care Segment
  • Demand for Men’s Grooming Products

The study considers the present scenario of the U.S. essential oils market and its market dynamics for the period 2020−2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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U.S. Essential Oils Market – Vendor Profiles

 

Prominent Vendors 

  • Artisan Aromatics
  • Doterra
  • Eden Botanicals
  • Labermuth
  • Nature’s Truth
  • Now Foods
  • Nutrix International
  • Rocky Mountain Oils
  • The Essential Oil Company
  • Ungerer
  • WFMED
  • Young Living Essential Oils

 

U.S. Essential Oils Market – Segmentation

 

U.S. Essential Oils Market by Product

  • Frankincense Essential Oils
  • Lavender Essential Oils
  • Peppermint Essential Oils
  • Tea Tree Essential Oils
  • Eucalyptus Essential Oils
  • Rosemary Essential Oils
  • Sandalwood
  • Lemon Essential Oils
  • Lemongrass Essential Oils
  • Clove Essential Oils
  • Thyme Essential Oils
  • Orange Essential Oils
  • Basil Essential Oils
  • Spearmint Essential Oils
  • Chamomile Essential Oils
  • Other Essential Oils

U.S. Essential Oils Market by End-user 

  • F&B Industry
  • Healthcare Industry
  • Spa & Relaxation Industry
  • Cosmetics & Personal Care Industry
  • Cleaning & Household Industry
  • Others

U.S. Essential Oils Market by Geography

  • US
    • South
    • West
    • Mid-West
    • Northeast 

 

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U.S. Essential Oils Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope Of The Study

4.4          Market Segments

4.4.1      Market Segmentation by Product

4.4.2      Market Segmentation by End-User

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.1          Currency Conversion

5.2          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.2          Raw Material Insights

7.2.1      Obstacles in importing raw materials

7.3          Value Chain Analysis

7.3.1      Insights on Input suppliers, Wild Collectors, and Farmers

7.3.2      Crop Collectors and Distillers

7.3.3      Exporters

7.3.4      Importers and Manufacturers

7.4          Profit Margin

7.5          Industry FAQ

7.5.1      How has the essential oils market performed so far, and how will it perform in the coming years?

7.5.2      Which is the most profitable & preferred distillation technology for the essential oils market?

7.5.3      Which essential oil holds the highest share in the US, and which one is showing the fastest growth?

7.5.4      Which end-user industry generates the highest revenue for essential oils in the US?

7.5.5      Which essential oil generates the highest demand in terms of volume in the essential oils market of the US?

7.6          Impact Of Covid-19

 

8              Market Opportunities & Trends

8.1          Rising Demand For Aromatherapy & Other Natural Therapies

8.2          Increasing Consumption Of Essential Oils By Cosmetics & Personal Care Segment

8.3          Rising Demand For Men’s Grooming Products

 

9              Market Growth Enablers

9.1          Rising Popularity Of Natural And Organic Products

9.2          High Demand From Pharmaceuticals Segment

9.3          High Disposable Income & Increasing Number Of Households

 

10           Market Restraints

10.1        Strict Regulations On Harvesting & Cultivation Due To Associated Hazards

10.2        Presence Of Alternative Synthetic Substitutes

10.3        Lack Of Traceability In Supply Chain

 

11           Market Landscape

11.1        Market Overview

11.1.1    Demand Insights

11.2        Supply Chain Overview

11.2.1    Vertical Integration in Supply Chain

11.2.2    Vendors Perception

11.2.3    Sourcing Practices

11.2.4    Market Size & Forecast (Value & Volume)

11.3        Five Forces Analysis

11.3.1    Threat of New Entrants

11.3.2    Bargaining Power of Suppliers

11.3.3    Bargaining Power of Buyers

11.3.4    Threat of Substitutes

11.3.5    Competitive Rivalry

 

12           Product

12.1        Market Snapshot & Growth Engine (Value)

12.2        Market Snapshot & Growth Engine (Volume)

12.3        Market Overview

12.4        Frankincense

12.4.1    Market Overview

12.4.2    Procurement of Raw Materials

12.4.3    Market Size & Forecast (Value & Volume)

12.5        Lavender

12.5.1    Market Overview

12.5.2    Market Size & Forecast (Value & Volume)

12.6        Peppermint

12.6.1    Market Overview

12.6.2    Market Size & Forecast (Value & Volume)

12.7        Tea Tree

12.7.1    Market Overview

12.7.2    Market Size & Forecast (Value & Volume)

12.8        Eucalyptus

12.8.1    Market Overview

12.8.2    Market Size & Forecast (Value & Volume)

12.9        Rosemary

12.9.1    Market Overview

12.9.2    Market Size & Forecast (Value & Volume)

12.10     Sandalwood

12.10.1  Market Overview

12.10.2  Market Size & Forecast (Value & Volume)

12.11     Lemon

12.11.1  Market Overview

12.11.2  Market Size & Forecast (Value & Volume)

12.12     LEMONGRASS

12.12.1  Market Overview

12.12.2  Market Size & Forecast (Value & Volume)

12.13     Clove

12.13.1  Market Overview

12.13.2  Market Size & Forecast (Value & Volume)

12.14     Thyme

12.14.1  Market Overview

12.14.2  Market Size & Forecast (Value & Volume)

12.15     Orange

12.15.1  Market Overview

12.15.2  Market Size & Forecast (Value & Volume)

12.16     Basil

12.16.1  Market Overview

12.16.2  Market Size & Forecast (Value & Volume)

12.17     Spearmint

12.17.1  Market Overview

12.17.2  Market Size & Forecast (Value & Volume)

12.18     Chamomile

12.18.1  Market Overview

12.18.2  Market Size & Forecast (Value & Volume)

12.19     Others

12.19.1  Market Overview

12.19.2  Market Size & Forecast (Value & Volume)

 

13           End-User

13.1        Market Snapshot & Growth Engine (Value)

13.2        Market Snapshot & Growth Engine (Volume)

13.3        Market Overview

13.4        F&B Industry

13.4.1    Market Overview

13.4.2    F&B Industry Outlook

13.4.3    Bakery & Confectionery

13.4.4    Processed & RTE Food

13.4.5    Meat & Poultry

13.4.6    Beverages

13.4.7    Market Dynamics of Essential Oils in the F&B Industry

13.4.8    Market Size & Forecast (Value & Volume)

13.5        Healthcare Industry

13.5.1    Market Overview

13.5.2    Pharmaceuticals

13.5.3    Nutraceuticals

13.5.4    Key Insights

13.5.5    Market Size & Forecast (Value & Volume)

13.6        Spa & Relaxation

13.6.1    Market Overview

13.6.2    Spa & Relaxation Industry Outlook

13.6.3    Market Size & Forecast (Value & Volume)

13.7        Cosmetics & Personal Care Industry

13.7.1    Market Overview

13.7.2    Cosmetics & Personal Care Industry Outlook

13.7.3    Perfume, Deodorant, & Fragrance Industry

13.7.4    Market Size & Forecast (Value & Volume)

13.8        Cleaning & Household Industry

13.8.1    Market Overview

13.8.2    Market Size & Forecast (Value & Volume)

13.9        Others

13.9.1    Market Overview

13.9.2    Market Size & Forecast (Value & Volume)

 

14           Geography

14.1        Market Snapshot & Growth Engine

14.2        Geographic Overview

 

15           Key Regions

15.1        South

15.1.1    Market Overview

15.1.2    Texas

15.1.3    Florida

15.1.4    North Carolina

15.1.5    Market Size & Forecast (Value)

15.2        West

15.2.1    Market Overview

15.2.2    California

15.2.3    Washington

15.2.4    Market Size & Forecast (Value)

15.3        MIDWEST

15.3.1    Market Overview

15.3.2    Illinois

15.3.3    Michigan

15.3.4    Minnesota

15.3.5    Market Size & Forecast (Value)

15.4        Northeast

15.4.1    Market Overview

15.4.2    New York

15.4.3    New Jersey

15.4.4    Market Size & Forecast (Value)

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

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