Essential Oils Market Size, Share, and Trends 2024 to 2034

The global essential oils market size is calculated at USD 25.93 billion in 2025 and is forecasted to reach around USD 49.77 billion by 2034, accelerating at a CAGR of 7.50% from 2025 to 2034. The Europe essential oilsmarket size surpassed USD 11.73 billion in 2025 and is expanding at a CAGR of 7.70% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1694
  • Category : Food and Beverages

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Essential Oils Market 

5.1. COVID-19 Landscape: Essential Oils Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Essential Oils Market, By Product Type

8.1. Essential Oils Market, by Product Type,

8.1.1. Acorus Calamus

8.1.1.1. Market Revenue and Forecast

8.1.2. Ajowan

8.1.2.1. Market Revenue and Forecast

8.1.3. Basil

8.1.3.1. Market Revenue and Forecast

8.1.4. Black pepper

8.1.4.1. Market Revenue and Forecast

8.1.5. Cardamom

8.1.5.1. Market Revenue and Forecast

8.1.6. Carrot Seed

8.1.6.1. Market Revenue and Forecast

8.1.7. Cassia

8.1.7.1. Market Revenue and Forecast

8.1.8. Cedarwood

8.1.8.1. Market Revenue and Forecast

8.1.9. Others

8.1.9.1. Market Revenue and Forecast

Chapter 9. Global Essential Oils Market, By Application Type

9.1. Essential Oils Market, by Application Type,

9.1.1. Medical

9.1.1.1. Market Revenue and Forecast

9.1.2. Pharmaceutical

9.1.2.1. Market Revenue and Forecast

9.1.3. Nutraceuticals

9.1.3.1. Market Revenue and Forecast

9.1.4. Food & Beverages

9.1.4.1. Market Revenue and Forecast

9.1.5. Bakery

9.1.5.1. Market Revenue and Forecast

9.1.6. Confectionery

9.1.6.1. Market Revenue and Forecast

9.1.7. Dairy

9.1.7.1. Market Revenue and Forecast

9.1.8. Others

9.1.8.1. Market Revenue and Forecast

Chapter 10. Global Essential Oils Market, By Sales Channel Type 

10.1. Essential Oils Market, by Sales Channel Type,

10.1.1. Direct Selling

10.1.1.1. Market Revenue and Forecast

10.1.2. Online Sales

10.1.2.1. Market Revenue and Forecast

10.1.3. Others

10.1.3.1. Market Revenue and Forecast

Chapter 11. Global Essential Oils Market, By Method of Extraction Type

11.1. Essential Oils Market, by Method of Extraction Type,

11.1.1. Distillation

11.1.1.1. Market Revenue and Forecast

11.1.2. Carbon dioxide extraction

11.1.2.1. Market Revenue and Forecast

11.1.3. Cold press extraction

11.1.3.1. Market Revenue and Forecast

11.1.4. Solvent extraction

11.1.4.1. Market Revenue and Forecast

11.1.5. Others

11.1.5.1. Market Revenue and Forecast

Chapter 12. Global Essential Oils Market, By Type

12.1. Essential Oils Market, by Type,

12.1.1. Singles

12.1.1.1. Market Revenue and Forecast

12.1.2. Blends

12.1.2.1. Market Revenue and Forecast

Chapter 13. Global Essential Oils  Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product

13.1.2. Market Revenue and Forecast, by Application

13.1.3. Market Revenue and Forecast, by Sales Channel

13.1.4. Market Revenue and Forecast, by Method of Extraction

13.1.5. Market Revenue and Forecast, by Type

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product

13.1.6.2. Market Revenue and Forecast, by Application

13.1.6.3. Market Revenue and Forecast, by Sales Channel

13.1.6.4. Market Revenue and Forecast, by Method of Extraction

13.1.7. Market Revenue and Forecast, by Type  

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Product

13.1.8.2. Market Revenue and Forecast, by Application

13.1.8.3. Market Revenue and Forecast, by Sales Channel

13.1.8.4. Market Revenue and Forecast, by Method of Extraction

13.1.8.5. Market Revenue and Forecast, by Type

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product

13.2.2. Market Revenue and Forecast, by Application

13.2.3. Market Revenue and Forecast, by Sales Channel

13.2.4. Market Revenue and Forecast, by Method of Extraction  

13.2.5. Market Revenue and Forecast, by Type  

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product

13.2.6.2. Market Revenue and Forecast, by Application

13.2.6.3. Market Revenue and Forecast, by Sales Channel

13.2.7. Market Revenue and Forecast, by Method of Extraction  

13.2.8. Market Revenue and Forecast, by Type  

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product

13.2.9.2. Market Revenue and Forecast, by Application

13.2.9.3. Market Revenue and Forecast, by Sales Channel

13.2.10. Market Revenue and Forecast, by Method of Extraction

13.2.11. Market Revenue and Forecast, by Type

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product

13.2.12.2. Market Revenue and Forecast, by Application

13.2.12.3. Market Revenue and Forecast, by Sales Channel

13.2.12.4. Market Revenue and Forecast, by Method of Extraction

13.2.13. Market Revenue and Forecast, by Type

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product

13.2.14.2. Market Revenue and Forecast, by Application

13.2.14.3. Market Revenue and Forecast, by Sales Channel

13.2.14.4. Market Revenue and Forecast, by Method of Extraction

13.2.15. Market Revenue and Forecast, by Type

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product

13.3.2. Market Revenue and Forecast, by Application

13.3.3. Market Revenue and Forecast, by Sales Channel

13.3.4. Market Revenue and Forecast, by Method of Extraction

13.3.5. Market Revenue and Forecast, by Type

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product

13.3.6.2. Market Revenue and Forecast, by Application

13.3.6.3. Market Revenue and Forecast, by Sales Channel

13.3.6.4. Market Revenue and Forecast, by Method of Extraction

13.3.7. Market Revenue and Forecast, by Type

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product

13.3.8.2. Market Revenue and Forecast, by Application

13.3.8.3. Market Revenue and Forecast, by Sales Channel

13.3.8.4. Market Revenue and Forecast, by Method of Extraction

13.3.9. Market Revenue and Forecast, by Type

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product

13.3.10.2. Market Revenue and Forecast, by Application

13.3.10.3. Market Revenue and Forecast, by Sales Channel

13.3.10.4. Market Revenue and Forecast, by Method of Extraction

13.3.10.5. Market Revenue and Forecast, by Type

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product

13.3.11.2. Market Revenue and Forecast, by Application

13.3.11.3. Market Revenue and Forecast, by Sales Channel

13.3.11.4. Market Revenue and Forecast, by Method of Extraction

13.3.11.5. Market Revenue and Forecast, by Type

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product

13.4.2. Market Revenue and Forecast, by Application

13.4.3. Market Revenue and Forecast, by Sales Channel

13.4.4. Market Revenue and Forecast, by Method of Extraction

13.4.5. Market Revenue and Forecast, by Type

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product

13.4.6.2. Market Revenue and Forecast, by Application

13.4.6.3. Market Revenue and Forecast, by Sales Channel

13.4.6.4. Market Revenue and Forecast, by Method of Extraction

13.4.7. Market Revenue and Forecast, by Type

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product

13.4.8.2. Market Revenue and Forecast, by Application

13.4.8.3. Market Revenue and Forecast, by Sales Channel

13.4.8.4. Market Revenue and Forecast, by Method of Extraction

13.4.9. Market Revenue and Forecast, by Type

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product

13.4.10.2. Market Revenue and Forecast, by Application

13.4.10.3. Market Revenue and Forecast, by Sales Channel

13.4.10.4. Market Revenue and Forecast, by Method of Extraction

13.4.10.5. Market Revenue and Forecast, by Type

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product

13.4.11.2. Market Revenue and Forecast, by Application

13.4.11.3. Market Revenue and Forecast, by Sales Channel

13.4.11.4. Market Revenue and Forecast, by Method of Extraction

13.4.11.5. Market Revenue and Forecast, by Type

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product

13.5.2. Market Revenue and Forecast, by Application

13.5.3. Market Revenue and Forecast, by Sales Channel

13.5.4. Market Revenue and Forecast, by Method of Extraction

13.5.5. Market Revenue and Forecast, by Type

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product

13.5.6.2. Market Revenue and Forecast, by Application

13.5.6.3. Market Revenue and Forecast, by Sales Channel

13.5.6.4. Market Revenue and Forecast, by Method of Extraction

13.5.7. Market Revenue and Forecast, by Type

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product

13.5.8.2. Market Revenue and Forecast, by Application

13.5.8.3. Market Revenue and Forecast, by Sales Channel

13.5.8.4. Market Revenue and Forecast, by Method of Extraction

13.5.8.5. Market Revenue and Forecast, by Type

Chapter 14. Company Profiles

14.1. Takasago International Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Flavex Naturextrakte GmbH

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Firmenich SA

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Synthite Industries Ltd.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. ROBERTET GROUP

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. International Flavors & Fragrances Inc.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Norex Flavours Private Limited

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. BMV Fragrances Pvt. Ltd.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. MOKSHA LIFESTYLE PRODUCTS

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Ultra International

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The global essential oils market size was reached at USD 24.14 billion in 2024 and is anticipated to rake around USD 49.77 billion by 2034.

The global essential oils market is expected to grow at a CAGR of 7.50% from 2024 to 2034.

The major players operating in the essential oils market are Takasago International Corporation, Flavex Naturextrakte GmbH, Firmenich SA, Synthite Industries Ltd., ROBERTET GROUP, International Flavors & Fragrances Inc., Norex Flavours Private Limited, BMV Fragrances Pvt. Ltd., MOKSHA LIFESTYLE PRODUCTS, and Ultra International.

The government is aiding market participants in developing ecologically friendly products is contributing towards the growth of global essential oils market.

Europe region accounted 50% market share in 2022 and will lead its dominance in the near future.

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