(Food-Beverage-News.Com, October 26, 2017 ) With the rising popularity of natural products among modern consumers, the global market for essential oil is observing a marvelous increment in its valuation. The next few years are expected to be fruitful for the essential oil sector, which has been studied through a fresh report added to the wide database of Market Research Hub (MRH). The study is titled “Essential Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022”, that analyzes the past performance and current status of the global essential oil market. Moreover, the future market potential has also been studied in details to deliver the readers with future projections and forecasts.
The research study starts with the executive summary and market overview. It includes different facets such as Y-o-Y growth and market dynamics. Furthermore, this section also covers supply chain, cost structure, and pricing analysis. It is an intelligent report which focuses to offer important facets such as markets attractiveness, coupled with the key strategies implemented by the leading players.
The following section of the report targets the market segmentation on the basis of actual factors. Based on the type of the product, the essential oil market is bifurcated into spice oil, citrus oil, spice seed oil, perfumery oil and herb oil. Moreover, on the basis of extraction method, the market is divided into distillation, solvent, and cold pressing. The various applications related to essential oil are linked to personal care and cosmetic, pharmaceuticals, food and beverage, aromatherapy, and the industrial sectors.
Geographically, the market has been segmented into six regions, that is, North America (Canada and the U.S.), Latin America (Argentina, Mexico, and Brazil), Asia Pacific excluding Japan (India, South Korea, China, Australia, Indonesia, and Singapore), the Middle East and Africa (Israel, South Africa, Turkey, and GCC countries), Europe (the U.K., Germany, Italy, Spain, France, and Nordic countries), and Japan. It is interesting to know that, the market revenue for all the segments have been mentioned in terms of US$ Mn for the period from 2017 to 2022.
As the report concludes, the product portfolio, recent developments, and business strategies linked to the various market players have been encircled in this report. The leading players profiled in this research study comprise of Young Living Essential Oils, Givaudan SA, DoTERRA International LLC, Enio Bonchev Production Ltd., Symrise AG, International Flavors & Fragrances Inc., The Lebermuth Co. Inc., Citrus and Allied Essences Ltd.
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