Essential Oils Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2022

Essential Oils Market, For Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products, Spa And Salon Products, Household Cleaning Products And Other Applications Is Expected To Reach Over US$ 9.6 Bn By 2022

According to a new market report published by Credence Research “Essential Oils Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2022,” the essential oils market is expected to reach over US$ 9.6 Bn by 2022, expanding at a CAGR of more than 8.8% from 2016 to 2022.

Browse the Essential Oils (Orange, Citronella, Corn Mint, Eucalyptus, Lemon, Clove Leaf and Others) Market, for Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care Products, Spa and Salon Products, Household Cleaning Products and Other Applications - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2022 report at http://www.credenceresearch.com/report/essential-oils-market

Market Insights

Essentials oils have been used worldwide by many cultures for centuries. The use of essential oils varied in between the cultures from healing the sick to religious purposes. The use of essential oil as healing agent to mankind was found in Lascaux, which is located in the Dordogne region in France. It is reported that the Egyptians used essentials oils since 4500 B.C.E. It was then known by humans regarding its beneficial properties as aromatic oils and as healing agents. Egyptians were the first to make use of essential oils for medicinal purposes more than beauty treatments. Since then, essential oils have been widely used worldwide as aromatic oil, flavoring agent or as medicine for healing.

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The global essential oils market based on products is segmented into orange, citronella, corn mint, eucalyptus, lemon, clove leaf and others. Among these, orange oil accounted as the largest product segment of essential oils market in 2015. Growing demand for...