Essential Oils Market By Product And Application - Global Industry Analysis And Forecast To 2023

Published On : May 2022 Pages : 89 Category: Advanced Materials Report Code : CM05751

SEGMENTS & REGIONS:

  • Regions: North America, Europe, Asia- Pacific, Latin America, Middle East & Africa

Industry Outlook and Trend Analysis

The Essential Oils Market was worth USD X.XX billion in 2017 and is expected to reach approximately USD XX.XX billion by 2023, while registering itself at a compound annual growth rate (CAGR) of X.XX% during the forecast period. Expanded applications in fragrance based treatment combined with rising interest for aromas and flavours in personal care and food & beverages is anticipated to drive essential oils market development over the estimate time frame. The quick extension of food & beverage ventures and rise in discretionary income of consumers are foreseen to add to the interest for scents and flavours created using essential oils. These fragrances give stimulation in massages, aromatherapy, and other relaxation strategies. Various general medical advantages related with essential oils are expected to drive the demand of the product in therapeutic and pharmaceutical applications also.

Product Outlook and Trend Analysis

The orange oil was the leading and fastest product fragment with a request of 52.5 kilotons in 2017. Developing interest for orange oils as a raw material in individual care and cleaning specialist's industry is one of the critical components for their expanded generation. Mounting usage of orange oil by the aged populace has encouraged the improvement of therapeutic applications. Corn mint oil section was the second biggest and quickest product portion in 2017.

Application Outlook and Trend Analysis

Food & beverage rose as the main portion and represented an offer of XX.X% in 2017. Rising consumer income crosswise over creating countries combined with appeal for premium cooking is anticipated to add to the section development. The spa and relaxation section held the second biggest share of XX.XX% in 2017. Essential oils are helpful for blood circulation and have brilliant soothing effects on the central nervous system.

Regional Outlook and Trend Analysis

Asia Pacific is anticipated to be the quickest developing local market which represented XX.X% of the aggregate volume share in 2017. The region is anticipated to achieve significant development attributable to quick industrialization, rising discretionary income among consumers, and expanding premium and awareness with respect to essential oils and natural products are foreseen to cultivate territorial development. North America represented roughly XX.X% of the market in 2017 by volume.

Competitive Insights

The leading players in the market are The Lebermuth Co Inc, Biolandes SAS, Flavex Naturextrakte GmbH, doTerra, Sydney Essential Oil Co, Farotti S. R. L, Young Living, Essential Oils of New Zealand and H Reynaud et Fils. High entry obstructions attributable to progression in innovation and cost of capital are probably going to keep up low competition among industrial members. The business is additionally described by adjusted production capacities and distinctive market measure which is anticipated to reduce inside and higher net revenues contention among existing players.

The Essential Oils Market is segmented as follows-

By Product:

  • Corn Mint
  • Citronella
  • Lemon
  • Lime
  • Orange
  • Eucalyptus
  • Pepper Mint
  • Clove Leaf
  • Spearmint
  • Others

By Application:

  • Food & Beverages
  • Cleaning & Home
  • Medical
  • Spa & Relaxation
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

Some of the key questions answered by the report are:

  • What was the market size in 2017 and forecast from 2017 to 2023?
  • What will be the industry market growth from 2017 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

·         Essential Oils Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

·         Medical

·         Food & Beverages

·         Spa & Relaxation

·         Aromatherapy

·         Massage Oil

·         Personal Care

·         Cleaning & Home

·         Other Applications

·         Essential Oils Market, By Product, Estimates and Forecast, 2014-2023 ($Million)

·         Orange

·         Corn Mint

·         Eucalyptus

·         Citronella

·         Peppermint

·         Lemon

·         Clove Leaf

·         Lime

·         Spearmint

·         Other Products

·         Essential Oils Market, By Region, Estimates and Forecast, 2014-2023 ($Million)

·         North America

§  North America Essential Oils Market, By Country

o    U.S. Essential Oils Market

o    Canada Essential Oils Market

o    Mexico Essential Oils Market

·         Europe

§  Europe Essential Oils Market, By Country

o    Germany Essential Oils Market

o    UK Essential Oils Market

o    France Essential Oils Market

o    Russia Essential Oils Market

o    Italy Essential Oils Market

o    Rest of Europe Essential Oils Market

·         Asia-Pacific

§  Asia-Pacific Essential Oils Market, By Country

o    China Essential Oils Market

o    Japan Essential Oils Market

o    South Korea Essential Oils Market

o    India Essential Oils Market

o    Southeast Asia Essential Oils Market

o    Rest of Asia-Pacific Essential Oils Market

·         South America

§  South America Essential Oils Market

o    Brazil Essential Oils Market

o    Argentina Essential Oils Market

o    Columbia Essential Oils Market

o    South Africa Essential Oils Market

o    Rest of South America Essential Oils Market

·         Middle East and Africa

§  Middle East and Africa Essential Oils Market

o    Saudi Arabia Essential Oils Market

o    UAE Essential Oils Market

o    Egypt Essential Oils Market

o    Nigeria Essential Oils Market

o    South Africa Essential Oils Market

o    Rest of MEA Essential Oils Market

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Rising Consumer Preference For Natural Personal Care Products

3.2.1.2.    Increasing Demand for Flavors and Fragrances from Key End-Use Industries

3.2.2.  Restraints

3.2.2.1.    Limited Availability of Raw Materials

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Market Analysis by Regions

4.1.       North America (United States, Canada and Mexico)

4.1.1.  United States Market States and Outlook (2017-2023)

4.1.2.  Canada Market States and Outlook (2017-2023)

4.1.3.  Mexico Market States and Outlook (2017-2023)

4.2.       Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1.  Germany Market States and Outlook (2017-2023)

4.2.2.  France Market States and Outlook (2017-2023)

4.2.3.  UK Market States and Outlook (2017-2023)

4.2.4.  Russia Market States and Outlook (2017-2023)

4.2.5.  Italy Market States and Outlook (2017-2023)

4.2.6.  Rest of Europe Market States and Outlook (2017-2023)

4.3.       Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)

4.3.1.  China Market States and Outlook (2017-2023)

4.3.2.  Japan Market States and Outlook (2017-2023)

4.3.3.  Korea Market States and Outlook (2017-2023)

4.3.4.  India Market States and Outlook (2017-2023)

4.3.5.  Rest of Asia-Pacific Market States and Outlook (2017-2023)

4.4.       South America (Brazil, Argentina, Columbia and Rest of South America)

4.4.1.  Brazil Market States and Outlook (2017-2023)

4.4.2.  Argentina Market States and Outlook (2017-2023)

4.4.3.  Columbia Market States and Outlook (2017-2023)

4.4.4.  Rest of South America Market States and Outlook (2017-2023)

4.5.       Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

4.5.1.  Saudi Arabia Market States and Outlook (2017-2023)

4.5.2.  UAE Market States and Outlook (2017-2023)

4.5.3.  Egypt Market States and Outlook (2017-2023)

4.5.4.  Nigeria Market States and Outlook (2017-2023)

4.5.5.  South Africa Market States and Outlook (2017-2023)

4.5.6.  Rest of MEA Market States and Outlook (2017-2023)

5.       Essential Oils Market, By Application

5.1.       Introduction

5.2.       Global Essential Oils Sales, Revenue and Market Share by Application (2017-2017)

5.2.1.  Global Essential Oils Sales and Sales Share by Application (2017-2017)

5.2.2.  Global Essential Oils Revenue and Revenue Share by Application (2017-2017)

5.3.       Essential Oils Market   Assessment and Forecast, By Application, 2017-2023

5.4.       Medical

5.4.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.5.       Food & Beverages

5.5.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.6.       Spa & Relaxation

5.6.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.7.       Aromatherapy

5.7.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.8.       Massage Oil

5.8.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.9.       Personal Care

5.9.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

5.10.    Cleaning & Home

5.10.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

5.11.    Other Applications

5.11.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

6.       Essential Oils Market, By Product

6.1.       Introduction

6.2.       Global Essential Oils Sales, Revenue and Market Share by Product (2017-2017)

6.2.1.  Global Essential Oils Sales and Sales Share by Product (2017-2017)

6.2.2.  Global Essential Oils Revenue and Revenue Share by Product (2017-2017)

6.3.       The Essential Oils Market Assessment and Forecast, By Product, 2017-2023

6.4.       Orange

6.4.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.5.       Corn Mint

6.5.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.6.       Eucalyptus

6.6.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.7.       Citronella

6.7.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.8.       Peppermint

6.8.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.9.       Lemon

6.9.1.  Global Cosmetics Sales and Growth Rate (2017-2027)

6.10.    Clove Leaf

6.10.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

6.11.    Lime

6.11.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

6.12.    Spearmint

6.12.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

6.13.    Other Products

6.13.1.      Global Cosmetics Sales and Growth Rate (2017-2027)

7.       Essential Oils Market, By Region

7.1.       Introduction

7.2.       Global Essential Oils Sales, Revenue and Market Share by Regions

7.2.1.  Global Essential Oils Sales by Regions (2017-2027)

7.2.2.  Global Essential Oils Revenue by Regions (2017-2027)

7.3.       North America Essential Oils by Countries

7.3.1.  North America Essential Oils Sales and Growth Rate (2017-2027)

7.3.2.  North America Essential Oils Revenue and Growth Rate (2017-2027)

7.3.3.  North America Essential Oils Sales by Countries (2017-2027)

7.3.4.  North America Essential Oils Revenue (Million USD) by Countries (2017-2027)

7.3.5.  U.S.

7.3.5.1.    United States Essential Oils Sales and Growth Rate (2017-2027)

7.3.5.2.    United States Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.3.6.  Canada

7.3.6.1.    Canada Essential Oils Sales and Growth Rate (2017-2027)

7.3.6.2.    Canada Essential Oils Sales (Millions USD) and Growth Rate (2017-2027)

7.3.7.  Mexico

7.3.7.1.    Mexico Essential Oils Sales and Growth Rate (2017-2027)

7.3.7.2.    Mexico Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.       Europe Essential Oils by Countries

7.4.1.  Europe Essential Oils Sales and Growth Rate (2017-2027)

7.4.2.  Europe Essential Oils Revenue and Growth Rate (2017-2027)

7.4.3.  Europe Essential Oils Sales by Countries (2017-2027)

7.4.4.  Europe Essential Oils Revenue (Million USD) by Countries (2017-2027)

7.4.5.  Germany

7.4.5.1.    Germany Essential Oils Sales and Growth Rate (2017-2027)

7.4.5.2.    Germany Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.6.  UK

7.4.6.1.    UK Essential Oils Sales and Growth Rate (2017-2027)

7.4.6.2.    UK Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.7.  France

7.4.7.1.    France Essential Oils Sales and Growth Rate (2017-2027)

7.4.7.2.    France Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.8.  Russia

7.4.8.1.    Russia Essential Oils Sales and Growth Rate (2017-2027)

7.4.8.2.    Russia Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.9.  Italy

7.4.9.1.    Italy Essential Oils Sales and Growth Rate (2017-2027)

7.4.9.2.    Italy Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.4.10.      Rest of Europe

7.4.10.1. Rest of Europe Essential Oils Sales and Growth Rate (2017-2027)

7.4.10.2. Rest of Europe Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.       Asia-Pacific

7.5.1.  Asia-Pacific Essential Oils Sales and Growth Rate (2017-2027)

7.5.2.  Asia-Pacific Essential Oils Revenue and Growth Rate (2017-2027)

7.5.3.  Asia-Pacific Essential Oils Sales by Countries (2017-2027)

7.5.4.  Asia-Pacific Essential Oils Revenue (Million USD) by Countries (2017-2027)

7.5.5.  China

7.5.5.1.    China Essential Oils Sales and Growth Rate (2017-2027)

7.5.5.2.    China Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.  Japan

7.5.6.1.    Japan Essential Oils Sales and Growth Rate (2017-2027)

7.5.6.2.    Japan Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.6.3.     

7.5.7.  Korea

7.5.7.1.    Korea Essential Oils Sales and Growth Rate (2017-2027)

7.5.7.2.    Korea Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.8.  India

7.5.8.1.    India Essential Oils Sales and Growth Rate (2017-2027)

7.5.8.2.    India Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.9.  Southeast Asia

7.5.9.1.    Southeast Asia Essential Oils Sales and Growth Rate (2017-2027)

7.5.9.2.    Southeast Asia Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.5.10.      Rest of Asia-Pacific

7.5.10.1. Rest of Asia-Pacific Essential Oils Sales and Growth Rate (2017-2027)

7.5.10.2. Rest of Asia-Pacific Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.       South America

7.6.1.  South America Essential Oils Sales and Growth Rate (2017-2027)

7.6.2.  South America Essential Oils Revenue and Growth Rate (2017-2027)

7.6.3.  South America Essential Oils Sales by Countries (2017-2027)

7.6.4.  South America Essential Oils Revenue (Million USD) by Countries (2017-2027)

7.6.5.  Brazil

7.6.5.1.    Brazil Essential Oils Sales and Growth Rate (2017-2027)

7.6.5.2.    Brazil Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.6.  Argentina

7.6.6.1.    Argentina Essential Oils Sales and Growth Rate (2017-2027)

7.6.6.2.    Argentina Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.7.  Columbia

7.6.7.1.    Columbia Essential Oils Sales and Growth Rate (2017-2027)

7.6.7.2.    Columbia Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.6.8.  Rest of South America

7.6.8.1.    Rest of South America Essential Oils Sales and Growth Rate (2017-2027)

7.6.8.2.    Rest of South America Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.       Middle East and Africa

7.7.1.  Middle East and Africa Essential Oils Sales and Growth Rate (2017-2027)

7.7.2.  Middle East and Africa Essential Oils Revenue and Growth Rate (2017-2027)

7.7.3.  Middle East and Africa Essential Oils Sales by Countries (2017-2027)

7.7.4.  Middle East and Africa Essential Oils Revenue (Million USD) by Countries (2017-2027)

7.7.5.  Saudi Arabia

7.7.5.1.    Saudi Arabia Essential Oils Sales and Growth Rate (2017-2027)

7.7.5.2.    Saudi Arabia Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.6.  United Arab Emirates

7.7.6.1.    United Arab Emirates Essential Oils Sales and Growth Rate (2017-2027)

7.7.6.2.    United Arab Emirates Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.7.  Egypt

7.7.7.1.    Egypt Essential Oils Sales and Growth Rate (2017-2027)

7.7.7.2.    Egypt Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.8.  Nigeria

7.7.8.1.    Nigeria Essential Oils Sales and Growth Rate (2017-2027)

7.7.8.2.    Nigeria Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.9.  South Africa

7.7.9.1.    South Africa Essential Oils Sales and Growth Rate (2017-2027)

7.7.9.2.    South Africa Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

7.7.10.      Rest of Middle East and Africa

7.7.10.1. Rest of Middle East and Africa Essential Oils Sales and Growth Rate (2017-2027)

7.7.10.2. Rest of Middle East and Africa Essential Oils Revenue (Millions USD) and Growth Rate (2017-2027)

8.       Company Profiles

8.1.       Biolandes SAS

8.1.1.  Business Overview

8.1.2.  Product Portfolio

8.1.3.  Strategic Developments

8.1.4.  Sales, Revenue and Market Share

8.2.       doTerra

8.2.1.  Business Overview

8.2.2.  Product Portfolio

8.2.3.  Strategic Developments

8.2.4.  Sales, Revenue and Market Share

8.3.       Essential Oils of New Zealand

8.3.1.  Business Overview

8.3.2.  Product  Portfolio

8.3.3.  Strategic Developments

8.3.4.  Sales, Revenue and Market Share

8.4.       Falcon Essential Oils

8.4.1.  Business Overview

8.4.2.  Product Portfolio

8.4.3.  Strategic Developments

8.4.4.  Sales, Revenue and Market Share

8.5.       Farotti Srl

8.5.1.  Business Overview

8.5.2.  Product Portfolio

8.5.3.  Strategic Developments

8.5.4.  Sales, Revenue and Market Share

8.6.       Flavex Naturextrakte GmbH

8.6.1.  Business Overview

8.6.2.  Product Portfolio

8.6.3.  Strategic Developments

8.6.4.  Sales, Revenue and Market Share

8.7.       H. Reynaud & Fils (HRF)

8.7.1.  Business Overview

8.7.2.  Product Portfolio

8.7.3.  Strategic Developments

8.7.4.  Sales, Revenue and Market Share

8.8.       India Essential Oils

8.8.1.  Business Overview

8.8.2.  Product  Portfolio

8.8.3.  Strategic Developments

8.8.4.  Essential Oils Sales, Revenue and Market Share

8.9.       Moksha Lifestyle Products

8.9.1.  Business Overview

8.9.2.  Product  Portfolio

8.9.3.  Strategic Developments

8.9.4.  Sales, Revenue and Market Share

8.10.    Rocky Mountain Essential Oils

8.10.1.      Business Overview

8.10.2.      Product  Portfolio

8.10.3.      Strategic Developments

8.10.4.      Sales, Revenue and Market Share

9.       Global Essential Oils Market Competition, by Manufacturer

9.1.       Global Essential Oils Sales and Market Share by Manufacturer (2017-2017)

9.2.       Global Essential Oils Revenue and Market Share by Manufacturer (2017-2017)

9.3.       Top 5 Essential Oils Manufacturer Market Share

9.4.       Market Competition Trend

10.   Essential Oils Market Forecast (2027-2023)

10.1.    Global Essential Oils Sales, Revenue (Millions USD) and Growth Rate (2027-2023)

10.2.    Essential Oils Market Forecast by Regions (2027-2023)

10.2.1.      North America Essential Oils Market Forecast (2027-2023)

10.2.1.1. United States Essential Oils Market Forecast (2027-2023)

10.2.1.2. Canada Essential Oils Market Forecast (2027-2023)

10.2.1.3. Mexico Essential Oils Market Forecast (2027-2023)

10.2.2.      Europe Essential Oils Market Forecast (2027-2023)

10.2.2.1. Germany Essential Oils Market Forecast (2027-2023)

10.2.2.2. United Kingdom Essential Oils Market Forecast (2027-2023)

10.2.2.3. France Essential Oils Market Forecast (2027-2023)

10.2.2.4. Russia Essential Oils Market Forecast (2027-2023)

10.2.2.5. Italy Essential Oils Market Forecast (2027-2023)

10.2.2.6. Rest of the Europe Essential Oils Market Forecast (2027-2023)

10.2.3.      Asia-Pacific Essential Oils Market Forecast (2027-2023)

10.2.3.1. China Essential Oils Market Forecast (2027-2023)

10.2.3.2. Japan Essential Oils Market Forecast (2027-2023)

10.2.3.3. Korea Essential Oils Market Forecast (2027-2023)

10.2.3.4. India Essential Oils Market Forecast (2027-2023)

10.2.3.5. Southeast Asia Essential Oils Market Forecast (2027-2023)

10.2.3.6. Rest of Asia-Pacific Essential Oils Market Forecast (2027-2023)

10.2.4.      South America Essential Oils Market Forecast (2027-2023)

10.2.4.1. Brazil Essential Oils Market Forecast (2027-2023)

10.2.4.2. Argentina Essential Oils Market Forecast (2027-2023)

10.2.4.3. Columbia Essential Oils Market Forecast (2027-2023)

10.2.4.4. Rest of South America Essential Oils Market Forecast (2027-2023)

10.2.5.      Middle East and Africa Essential Oils Market Forecast (2027-2023)

10.2.5.1. Saudi Arabia Essential Oils Market Forecast (2027-2023)

10.2.5.2. UAE Essential Oils Market Forecast (2027-2023)

10.2.5.3. Egypt Essential Oils Market Forecast (2027-2023)

10.2.5.4. Nigeria Essential Oils Market Forecast (2027-2023)

10.2.5.5. South Africa Essential Oils Market Forecast (2027-2023)

10.2.5.6. Rest of MEA Essential Oils Market Forecast (2027-2023)

10.3.    Essential Oils Market Forecast by Application (2027-2023)

10.3.1.      Global Essential Oils Sales Forecast by Application (2027-2023)

10.3.2.      Global Essential Oils Sales Market Share Forecast by Application (2027-2023)

10.4.    Essential Oils Market Forecast by Product (2027-2023)

10.4.1.      Global Essential Oils Sales Forecast by Product (2027-2023)

10.4.2.      Global Essential Oils Sales Market Share Forecast by Product (2027-2023)

List of Tables and Figures

*You can glance through the list of Tables and Figures when you view the sample copy of Essential Oils Market.


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Essential Oils Market.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country