Short Description
U.S. Essential Oil Market, By Type ( Spice Oils, Spice Seed Oils, Citrus Oils, Herb oils, Aromatic Oils, Mint Oils and Others), Parts Used for Extraction (Seed, bark, Cloves, Leaves, Fruit, Flower), Extraction Method (Cold pressed, Solvent extraction, Supercritical Extraction, Enzymatic Extraction and Others), Nature (Organic, Conventional), By Category (Natural, Synthetic), Product Category (Singles, Blends), Application (Food & Beverages, Dietary Supplements, Sports Nutrition, Personal Care, Cosmetics, Aromatherapy, Home Care, Animal Feed, Others) Industry Trends and Forecast to 2029.
Market Definition:
Essential oils are concentrated plant extracts that retain the natural smell and flavor and essence of their source. Unique aromatic compounds give each essential oil its characteristic essence. Essential oils are obtained through distillation (via steam and/or water) or mechanical methods, such as cold pressing. The oils capture the plants scent and flavor and essence. They are mostly named after the plant from which they are derived. The applications of essential oils are diverse. Widely used in cosmetics and perfumes, food & beverages they also have medicinal applications due to their therapeutic properties as well as agro-alimentary uses because of their antimicrobial and antioxidant effects.
Market Segmentation:
The essential oil market is segmented into seven notable segments which are based on the type, parts used for extraction, extraction method, nature, category, product category and application.
On the basis of type, the essential oil market is segmented into citrus oils, herb oils, aromatic oils, mint oils, spice oils, spice seed oils, and others
On the basis of parts used for extraction, the essential oil market is segmented into flowers, leaves, fruit, cloves, seed, and bark.
On the basis of extraction method, the essential oil market is segmented into cold pressed, solvent extraction, supercritical extraction, enzymatic extraction, and others
On the basis of nature, the essential oil market is segmented into organic and conventional
On the basis of category, the essential Oil market is segmented into natural and synthetic
On the basis of product category, the essential Oil market is segmented into singles and blends
On the basis of application, the essential oil market is segmented into food & beverages, dietary supplements, sports nutrition, personal care, cosmetic, aromatherapy, home care, animal feed, and others
Market Players
The key market players for essential oil market are listed below:
RopaPharm
Delacon Biotechnik GMBH
dTERRA
Kelvin Natural Mint Pvt. Ltd.
Young Living Essential Oils
AURA CACIA
Kshrey, Inc
Silverline Chemicals
Vigon International, LLC.
Bulk Apothecary
Lemon Oil Manufacturers
KM Chemicals
TABLE OF CONTENTS
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 OVERVIEW OF U.S. ESSENTIAL OIL MARKET 16
1.4 LIMITATIONS 18
1.5 MARKETS COVERED 18
2 MARKET SEGMENTATION 24
2.1 MARKETS COVERED 24
2.2 GEOGRAPHICAL SCOPE 25
2.3 YEARS CONSIDERED FOR THE STUDY 25
2.4 CURRENCY AND PRICING 25
2.5 DBMR TRIPOD DATA VALIDATION MODEL 26
2.6 MULTIVARIATE MODELLING 29
2.6.1 MULTIVARIATE MODELLING, U.S. 29
2.7 TYPE LIFELINE CURVE 30
2.7.1 TYPE LIFELINE CURVE, U.S. 30
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
2.9 DBMR MARKET POSITION GRID 32
2.10 VENDOR SHARE ANALYSIS 33
2.11 APPLICATION COVERAGE GRID 34
2.12 SECONDARY SOURCES 35
2.13 ASSUMPTIONS 35
3 EXECUTIVE SUMMARY 36
4 PREMIUM INSIGHTS 39
4.1 DEMAND SPLIT BETWEEN DIFFERENT ESSENTIAL OILS 40
4.2 NEW PRODUCT LAUNCHES 41
4.3 FACTORS INFLUENCING PURCHASING DECISION OF CUSTOMERS 42
4.3.1 ORGANIC AND PURE 42
4.3.2 AWARENESS TOWARDS AROMATHERAPY 42
4.3.3 NEW BLENDS OF ESSENTIAL OILS 43
4.4 MARKET TRENDS 44
4.4.1 FRAGRANCES 44
4.4.2 AROMATHERAPY 44
4.4.3 ESSENTIAL OIL BLENDS 44
4.4.4 BEVERAGES 45
4.5 MARKETING STRATEGIES ADOPTED BY KEY MARKET PLAYERS 46
4.6 SUPPLY CHAIN ANALYSIS 47
4.6.1 RAW MATERIAL PROCUREMENT 47
4.6.2 MANUFACTURING PROCESS 47
4.6.3 MARKETING AND DISTRIBUTION 48
4.6.4 END USERS 49
5 REGULATORY FRAMEWORK 50
6 MARKET OVERVIEW 51
6.1 DRIVERS 53
6.1.1 INCREASE IN AWARENESS RELATED TO THE HEALTH BENEFITS OF ESSENTIAL OILS 53
6.1.2 INCREASES IN DEMAND FOR ESSENTIAL OILS FROM THE PERSONAL CARE AND PHARMACEUTICAL INDUSTRY 54
6.1.3 RISE IN DEMAND FOR ESSENTIAL OILS FROM THE FOOD SUPPLEMENTARY INDUSTRY 55
6.1.4 INCREASE IN CONSUMER ACCEPTANCE OF NATURAL PRODUCTS FOR HEALTHY LIVING 56
6.2 RESTRAINTS 57
6.2.1 LACK OF AVAILABILITY OF RAW MATERIALS 57
6.2.2 HIGH PRODUCTION COST 57
6.3 OPPORTUNITIES 58
6.3.1 INTRODUCTION OF NEW MANUFACTURING TECHNOLOGIES 58
6.3.2 SHIFT TOWARDS AROMATHERAPY 58
6.4 CHALLENGES 59
6.4.1 PROBLEMS ASSOCIATED WITH THE MONITORING PROCESS AND QUALITY CHECKS 59
6.4.2 LOW PRODUCTION VOLUMES OF ESSENTIAL OILS 60
7 IMPACT OF COVID-19 ON THE U.S. ESSENTIAL OIL MARKET 61
7.1 AFTERMATH OF COVID-19 61
7.2 IMPACT ON DEMAND AND SUPPLY CHAIN 61
7.3 IMPACT ON PRICE 62
7.4 CONCLUSION 62
8 U.S. ESSENTIAL OIL MARKET, BY TYPE 63
8.1 OVERVIEW 64
8.2 CITRUS OILS 65
8.2.1 CITRUS OILS, BY TYPE 66
8.2.1.1 ORANGE OIL 66
8.2.1.2 LEMON OIL 66
8.2.1.3 LIME OIL 66
8.2.1.4 BERGAMOT OIL 67
8.2.1.5 GRAPEFRUIT OIL 67
8.2.1.6 MANDARIN OIL 67
8.2.1.7 OTHERS 67
8.3 HERB OILS 67
8.3.1 HERB OILS, BY TYPE 69
8.3.1.1 LAVENDER OIL 69
8.3.1.2 ORGANE OIL 69
8.3.1.3 ROSEMARY OIL 69
8.3.1.4 THYME OIL 69
8.3.1.5 BASIL OIL 69
8.3.1.6 SAGE OIL 69
8.3.1.7 CHAMOMILE OIL 69
8.3.1.8 CORIANDER OIL 70
8.3.1.9 OTHERS 70
8.4 AROMATIC OILS 70
8.4.1 AROMATIC OILS, BY TYPE 71
8.4.1.1 EUCALYPTUS OIL 71
8.4.1.2 TEA TREE OIL 71
8.4.1.3 ROSE OIL 71
8.4.1.4 LEMONGRASS OIL 71
8.4.1.5 PATCHOULI OIL 71
8.4.1.6 CITRONELLA OIL 72
8.4.1.7 OTHERS 72
8.5 MINT OILS 72
8.5.1 MINT OILS, BY TYPE 73
8.5.1.1 PEPPERMINT OIL 73
8.5.1.2 SPEARMINT OIL 73
8.5.1.3 CORNMINT OIL 73
8.5.1.4 OTHERS 73
8.6 SPICE OILS 73
8.6.1 SPICE OILS, BY TYPE 75
8.6.1.1 BLACK PEPPER OIL 75
8.6.1.2 CLOVE OIL 75
8.6.1.3 CINNAMON OIL 75
8.6.1.4 CARDAMOM OIL 75
8.6.1.5 GINGER OIL 75
8.6.1.6 OTHERS 75
8.7 SPICE SEED OILS 75
8.7.1 SPICE SEED OILS, BY TYPE 76
8.7.1.1 CORIANDER SEED/HERB OIL 76
8.7.1.2 CUMIN SEED OIL 76
8.7.1.3 STAR ANISE OIL 77
8.7.1.4 OTHERS 77
8.8 OTHERS 77
9 U.S. ESSENTIAL OIL MARKET, BY PARTS USED FOR EXTRACTION 78
9.1 OVERVIEW 79
9.2 FLOWERS 80
9.3 LEAVES 80
9.4 FRUIT 81
9.5 CLOVES 81
9.6 SEED 81
9.7 BARK 82
10 U.S. ESSENTIAL OIL MARKET, BY EXTRACTION METHOD 83
10.1 OVERVIEW 84
10.2 COLD PRESSED 85
10.3 SOLVENT EXTRACTION 85
10.4 SUPERCRITICAL EXTRACTION 86
10.5 ENZYMATIC EXTRACTION 86
10.6 OTHERS 87
11 U.S. ESSENTIAL OIL MARKET, BY NATURE 88
11.1 OVERVIEW 89
11.2 ORGANIC 90
11.3 CONVENTIONAL 91
12 U.S. ESSENTIAL OIL MARKET, BY CATEGORY 92
12.1 OVERVIEW 93
12.2 NATURAL 94
12.3 SYNTHETIC 95
13 U.S. ESSENTIAL OIL MARKET, BY PRODUCT CATEGORY 96
13.1 OVERVIEW 97
13.2 SINGLES 98
13.3 BLENDS 98
14 U.S. ESSENTIAL OIL MARKET, BY APPLICATION 99
14.1 OVERVIEW 100
14.2 FOOD & BEVERAGES 101
14.2.1 FOOD & BEVERAGES, BY TYPE 102
14.2.1.1 CONFECTIONERY 103
14.2.1.1.1 CONFECTIONER, BY TYPE 103
14.2.1.1.1.1 CHOCOLATE 104
14.2.1.1.1.2 MINTS 104
14.2.1.1.1.3 CHOCOLATE SYRUPS 104
14.2.1.1.1.4 HARD-BOILED SWEETS 105
14.2.1.1.1.5 CARAMELS & TOFFEES 105
14.2.1.1.1.6 GUMS & JELLIES 105
14.2.1.1.1.7 OTHERS 105
14.2.1.2 BEVERAGES 105
14.2.1.2.1 BEVERAGES, BY TYPE 105
14.2.1.2.1.1 ENERGY DRINKS 106
14.2.1.2.1.2 SPORTS DRINKS 106
14.2.1.2.1.3 DAIRY BASED DRINKS 106
14.2.1.2.1.4 SMOOTHIES 107
14.2.1.2.1.5 JUICES 107
14.2.1.2.1.6 OTHERS 107
14.2.1.3 BAKERY 107
14.2.1.3.1 BAKERY, BY TYPE 107
14.2.1.3.1.1 BREAD & ROLLS 108
14.2.1.3.1.2 CAKES, PASTRIES & TRUFFLE 108
14.2.1.3.1.3 BISCUIT, COOKIES & CRACKERS 108
14.2.1.3.1.4 TART & PIES 108
14.2.1.3.1.5 BROWNIES 108
14.2.1.3.1.6 OTHERS 109
14.2.1.4 PROCESSED FOOD 109
14.2.1.4.1 PROCESSED FOOD, BY TYPE 109
14.2.1.4.1.1 JAMS, PRESERVES & MARMALADES 110
14.2.1.4.1.2 SAUCES, DRESSINGS AND CONDIMENTS 110
14.2.1.4.1.3 READY MEALS 110
14.2.1.4.1.4 SOUPS 110
14.2.1.4.1.5 OTHERS 111
14.2.1.5 DAIRY PRODUCTS 111
14.2.1.5.1 DAIRY PRODUCTS, BY TYPE 111
14.2.1.5.1.1 ICE CREAM 111
14.2.1.5.1.2 YOGURT 112
14.2.1.5.1.3 CHEESE 112
14.2.1.5.1.4 OTHERS 112
14.2.1.6 FROZEN DESSERTS 112
14.2.1.6.1 FROZEN DESSERTS, BY TYPE 112
14.2.1.6.1.1 GELATO 113
14.2.1.6.1.2 CUSTARD 113
14.2.1.6.1.3 OTHERS 113
14.2.1.7 CONVENIENCE FOOD 113
14.2.1.7.1 CONVENIENCE FOOD, BY TYPE 114
14.2.1.7.1.1 SNACKS & EXTRUDED SNACKS 114
14.2.1.7.1.2 PIZZA & PASTA 114
14.2.1.7.1.3 INSTANT NOODLES 115
14.2.1.7.1.4 OTHERS 115
14.2.1.8 FUNCTIONAL FOOD 115
14.2.2 FOOD & BEVERAGES, BY OIL TYPE 115
14.2.2.1 CITRUS OILS 116
14.2.2.2 HERB OILS 116
14.2.2.3 MINT OILS 116
14.2.2.4 SPICE OILS 116
14.2.2.5 AROMATIC OILS 116
14.2.2.6 SPICE SEED OILS 117
14.2.2.7 OTHERS 117
14.3 DIETARY SUPPLEMENTS 117
14.3.1 DIETARY SUPPLEMENTS, BY TYPE 117
14.3.1.1 IMMUNITY SUPPLEMENTS 118
14.3.1.2 BONE AND JOINT HEALTH SUPPLEMENTS 118
14.3.1.3 OVERALL WELLBEING SUPPLEMENTS 118
14.3.1.4 BRAIN HEALTH SUPPLEMENTS 119
14.3.1.5 SKIN HEALTH SUPPLEMENTS 119
14.3.1.6 OTHERS 119
14.3.2 DIETARY SUPPLEMENTS, BY OIL TYPE 119
14.3.2.1 CITRUS OILS 120
14.3.2.2 HERB OILS 120
14.3.2.3 MINT OILS 120
14.3.2.4 SPICE OILS 121
14.3.2.5 AROMATIC OILS 121
14.3.2.6 SPICE SEED OILS 121
14.3.2.7 OTHERS 121
14.4 SPORTS NUTRITION 121
14.4.1 SPORTS NUTRITION, BY TYPE 122
14.4.1.1 SPORT DRINK MIXES 122
14.4.1.2 ENERGY GELS 122
14.4.1.3 SPORTS NUTRITION BARS 122
14.4.1.4 PROTEIN POWDERS 123
14.4.1.5 OTHERS 123
14.4.2 SPORTS NUTRITION, BY OIL TYPE 123
14.4.2.1 CITRUS OILS 124
14.4.2.2 HERB OILS 124
14.4.2.3 MINT OILS 124
14.4.2.4 SPICE OILS 124
14.4.2.5 AROMATIC OILS 124
14.4.2.6 SPICE SEED OILS 125
14.4.2.7 OTHERS 125
14.5 PERSONAL CARE 125
14.5.1 PERSONAL CARE, BY TYPE 125
14.5.1.1 SKIN CARE 126
14.5.1.2 HAIR CARE 126
14.5.2 PERSONAL CARE, BY OIL TYPE 126
14.5.2.1 CITRUS OILS 127
14.5.2.2 HERB OILS 127
14.5.2.3 MINT OILS 127
14.5.2.4 SPICE OILS 127
14.5.2.5 AROMATIC OILS 127
14.5.2.6 SPICE SEED OILS 128
14.5.2.7 OTHERS 128
14.6 COSMETIC 128
14.6.1 COSMETIC, BY TYPE 128
14.6.1.1 FACE CREAM 129
14.6.1.2 FACE SERUM 129
14.6.1.3 LIP CARE AND LIPSTICK PRODUCTS 129
14.6.1.4 OTHERS 129