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MARKET OVERVIEW

1.1 Definition and Introduction

Essential oils are mixtures extracted from so-called aromatic plants in the form of oily and liquid substances, but whose molecular composition is different from that of vegetable oils. Essential oils are generally extracted by hydrodistillation or cold pressing; both processes are long and require expertise. 

There are many plants and flowers used to produce essential oils, including lavender, rosewood, eucalyptus, ylang-ylang, chamomile, tea tree, geranium, citrus, mint and patchouli.

It should be noted that the essential oil content of plants is generally very low, ranging from 0.01% (e.g. rose petals) to 1%. Thus, to obtain one kilo of pure essential oil, between 4 and 7 tons of rose petals, or 115 to 200 kg of lavender, or 1 ton of orange blossom must be distilled.

The main outlets for the manufacturing of essential oils in the world are perfumes, cosmetics, aromatherapy, cleaning products and pharmaceuticals. The world market for essential oils is growing rapidly, fueled in particular by consumption in Western markets through services such as aromatherapy and the manufacture of fashionable cosmetics.  

The world market for essential oils has grown steadily in recent years. The trend towards increased health and beauty spending, combined with a higher standard of living among consumers, are the main factors driving the market. In addition, the increase in cases of depression and anxiety disorders among consumers is considered to be the driving force behind the growing demand for essential oils in the aromatherapy industry. The Portuguese market is expected to grow by more than 27% by the end of 2023.

DEMAND ANALYSIS

MARKET STRUCTURE

ANALYSIS OF THE OFFER

REGULATIONS

POSITIONING OF THE PLAYERS

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Reviews (3)

The men's razor market - France

Publicado en 10/01/2022 by Client anonyme - Ce client a souhaité rester anonyme

Interesting study to understand a market in regular decline. Change in human behavior well measured and analyzed. A rare example of a leader who after a strategy of regular price increase is forced to change his strategy and lower his prices. Very innovative analysis of the traffic of the main manufacturers' websites


Businesscoot Response:

Hello Grégoire, Thank you very much for this very positive review! We are delighted to see that you appreciate our studies and we thank you for the trust you have placed in us.

The essential oils market - France

Publicado en 09/01/2022 by Lorraine Ferry

Very complete study which shows in particular that the development of the consumption of essential oils accompanies the wave of the soft medicine and the do it yourself which seduces the consumers in more and more fields


Businesscoot Response:

Hello Lorraine, Thank you very much for this very positive review! We are delighted to see that you appreciate our studies and we thank you for the trust you have placed in us.

The make-up market - France

Publicado en 05/01/2022 by Client anonyme - Ce client a souhaité rester anonyme

Very complete study on production, distribution and consumption. It underlines the importance of e-commerce and organic products in this sector.


Businesscoot Response:

Hello Gregoire, Thank you for your feedback and we are delighted that this study has given you a good overview of the market.