Global Aromatherapy Carrier Oil Market

Global Aromatherapy Carrier Oil Market Size, Share, Growth Analysis, By Type(Almond, Avocado), By Application(Cosmetic, Food & Beverages) - Industry Forecast 2022-2028


Report ID: SQSG30L2036 | Region: Global | Published Date: November, 2022 | Pages: 165

Global Aromatherapy Carrier Oil Market Insights

Global Aromatherapy Carrier Oil Market was valued at USD 0.8 billion in 2021 and it is expected to reach USD 1.4 billion by 2028, at a CAGR of CAGR of 10.25% over the forecast period (2022-2028).

Aromatherapy oil is used due to its physical, emotional, and mental benefits on the human body. It finds application in a number of therapies to provide therapeutic relaxation. It is also incorporated in a variety of medical conditions such as burns, acne, cough, common cold, stomach issues, and others. Increasing number of patients suffering from dental, dermatological, and respiratory problems are seeking aromatherapies and treatments. They are also finding application in food & beverages due to their preservative properties. Confections, sweets, pickles, and meat are some of the products that utilize aromatherapy carrier oil for natural flavouring.

Additionally, it is incorporated for the production of paints, detergents, repellents, chemical preservatives, and edible film coatings. Aromatherapy carrier oils are also utilized in packaging systems due to the demand for microbial protection and longer shelf life of products. It is to safeguard minimally processed vegetables and fruits, cereal based foods, dairy products, seafood, and essential oils.

Market snapshot

Global Market Size

USD 0.8 billion

Largest Segment

Cosmetic

Fastest Growth

Food & beverages

Growth Rate

10.25% CAGR

Global Aromatherapy Carrier Oil Market, 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Aromatherapy Carrier Oil Market Size By Application , 2021-2028 ($ Bn)
Global Aromatherapy Carrier Oil Market Size By Application, 2021-2028 (%)

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Global Aromatherapy Carrier Oil Market Segmental Analysis

The global aromatherapy carrier oil market is segmented based on type, application, and region. Based on type it is segmented into Almond, Avocado, Camellia. Based on application, it is segmented into: cosmetic, food & beverages, medical. Based on region, it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Application

In 2021, the cosmetics segment had the highest share in terms of application. The prevalence of skin conditions is rising, which can be the cause of this. Carrier oils are frequently used in cosmetics for skin and hair care, scar management, hair strengthening, dandruff control, and itching relief. In 2021, the medical sector also retained a sizable aromatherapy carrier oil market share due to the effectiveness of aromatherapy products in treating chronic pain. Even though there isn't any proof that these products have healing capabilities, they are being used more and more for medical purposes. As a result, these items are frequently used in place of most conventional pharmaceuticals due to their positive effects on health and great efficacy. The introduction of natural cleaning agents is predicted to cause the personal care segment to expand at a profitable pace throughout the forecast period. Due to their antibacterial and antiseptic qualities, cleaning agents and household products are increasingly being used in personal care applications.

Global Aromatherapy Carrier Oil Market By Application, 2021 (%)

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Global Aromatherapy Carrier Oil Market Regional Insights

Due to rising awareness of the benefits of complementary therapies, North America held a large global aromatherapy carrier oils market share in 2021. Additionally, the bulk of the major industry participants have their headquarters in the United States, including Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, and Edens Garden.

Aromatherapy knowledge has grown in this region as a result of an increase in the import and export of carrier oils from European nations, which has helped the market flourish. Around 20% of adults in Europe suffer from chronic pain, according to a poll done by Pain Alliance Europe. As a result, there is a growing need for natural pain relief treatments in this area. Due to the rising prevalence of skin problems and growing preference for natural products, Asia Pacific also showed a considerable growth. The market for aromatherapy goods is also being driven by growing awareness of the different therapeutic effects of the items.

Global Aromatherapy Carrier Oil Market By Geography, 2021-2028
  • Largest
  • Fastest

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Global Aromatherapy Carrier Oil Market Dynamics

Driver

Rise in Trend of Incorporating Natural Herbs in Skincare and Cosmetics to Bolster Market Growth

  • It is projected that public and private organisations would strengthen awareness campaigns to aid in these countries' development. Another reason driving up demand for carrier oils is the expanding natural product trend in the beauty and health sectors. These oils are frequently utilised in private care products as well, reducing the need for harmful chemicals and fostering economic growth. The preference for natural goods is also developing as a result of rising consumer awareness and purchasing power regarding the negative impacts of chemicals on cosmetics and toiletries.

Restraint 

Lack of Marketing and Awareness to Hinder Market Growth

  • Lack of understanding or a limited market in developing nations like South Africa, Brazil, Mexico, Saudi Arabia, and India prevents market expansion.

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Global Aromatherapy Carrier Oil Market Competitive Landscape

The existence of several international players defines the global aromatherapy carrier oil market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our aromatherapy carrier oil market reports, some of the leading quality aromatherapy carrier oil manufacturers are as follows: Cargill Inc. (US) DuPont (US), Koninklijke DSM N.V. (Netherlands), dôTERRA International LLC (US), Givaudan SA (Switzerland), Young Living Essential Oils (US), The Lebermuth Company Inc. (US), Symrise (Germany), Sensient Technologies Corporation (US) Essential oils of New Zealand (New Zealand).

Top Players in the Global Aromatherapy Carrier Oil Market 

  • Cargill Inc. (US)
  • DuPont (US)
  • Koninklijke DSM N.V. (Netherlands)
  • dôTERRA International LLC (US)
  • Givaudan SA (Switzerland)
  • Young Living Essential Oils (US)
  • The Lebermuth Company Inc. (US)
  • Symrise (Germany)
  • Sensient Technologies Corporation (US)
  • Essential oils of New Zealand (New Zealand)

Recent Developments

  • In July 2022, Calm - Salon and Spa, a beautifully designed, holistic hub of wellness services and salon encounters, has opened at Novotel Visakhapatnam Varun Beach. The spa is intended for rest and self-care, and offers clients a view of the Bay of Bengal to quiet their senses. With views of the nearby streets, Calm - Salon and Spa provides trademark body treatments like vinotherapy, aromatherapy, balinese massage, and Thai massage.
  • In July 2022, new products are available from Blossom Kochhar Aroma Magic for the health and wellbeing of your skin, body, hair, and mind. enriched with the virtues of aromatherapy-related essential oils.

Global Aromatherapy Carrier Oil Key Market Trends

Adoption of Holistic Lifestyle will Bring Lucrative Market Opportunities

  • The aromatherapy has demonstrated to lower stress reduction, sadness, and anxiety. Along with its role in reducing motion sickness, weight management, and maintaining healthy liver and gallbladder functions, aromatherapy also has a role in treating respiratory problems, nervous system disorders, cardiovascular diseases, and gastrointestinal infections. The most important aspect that is anticipated to propel the market's overall expansion is the rising utilisation of aromatherapy for a variety of health benefits.
  • Researchers started watching a minor trend for functional perfumes a few years ago, and it has grown into a sturdy pillar of the future of the sector. As a result of using essential oils in the formulation, the number of scent launches boasting practical advantages (such improved sleep or reduced anxiety) has risen. Many people are looking for goods that might assist them in managing their brains and moods because two out of every three adults experienced greater stress during the epidemic.
  • Since lemon eucalyptus essential oil has anti-inflammatory, immunoregulatory, analgesic, and antioxidant effects, researchers think it might be useful in treating a few illnesses.

Global Aromatherapy Carrier Oil Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our Aromatherapy Carrier Oil Market analysis, the cosmetic department kept the largest stake in 2021. This is brought on by the increasing frequency of skin conditions. Carrier oils are frequently used in cosmetics for skin and hair care, scar management, hair strengthening, dandruff control, and itching relief. North America dominated the aromatherapy carrier oil market in 2021 as a result of a rising understanding of the advantages of complementary therapies.

Report Metric Details
Market size value in 2021 USD 0.8 billion
Market size value in 2028 USD 1.4 billion
Growth Rate 10.25%
Base year 2021
Forecast period 2022-2028
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Almond, Avocado, Camellia
  • Application
    • Cosmetic, Food & Beverages, Medical
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cargill Inc. (US)
  • DuPont (US)
  • Koninklijke DSM N.V. (Netherlands)
  • dôTERRA International LLC (US)
  • Givaudan SA (Switzerland)
  • Young Living Essential Oils (US)
  • The Lebermuth Company Inc. (US)
  • Symrise (Germany)
  • Sensient Technologies Corporation (US)
  • Essential oils of New Zealand (New Zealand)
Customization scope

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  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Aromatherapy Carrier Oil Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Aromatherapy Carrier Oil Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Aromatherapy Carrier Oil Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Aromatherapy Carrier Oil Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Aromatherapy Carrier Oil Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Aromatherapy Carrier Oil Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQ's

Global Aromatherapy Carrier Oil Market was valued at USD 0.8 billion in 2021 and it is expected to reach USD 1.4 billion by 2028, at a CAGR of CAGR of 10.25% over the forecast period (2022-2028).

The existence of several international players defines the global aromatherapy carrier oil market. To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our aromatherapy carrier oil market reports, some of the leading quality aromatherapy carrier oil manufacturers are as follows: Cargill Inc. (US) DuPont (US), Koninklijke DSM N.V. (Netherlands), dôTERRA International LLC (US), Givaudan SA (Switzerland), Young Living Essential Oils (US), The Lebermuth Company Inc. (US), Symrise (Germany), Sensient Technologies Corporation (US) Essential oils of New Zealand (New Zealand).'Cargill Inc. (US)','DuPont (US)','Koninklijke DSM N.V. (Netherlands)','dôTERRA International LLC (US)','Givaudan SA (Switzerland)','Young Living Essential Oils (US)','The Lebermuth Company Inc. (US)','Symrise (Germany)','Sensient Technologies Corporation (US)','Essential oils of New Zealand (New Zealand)'

It is projected that public and private organisations would strengthen awareness campaigns to aid in these countries' development. Another reason driving up demand for carrier oils is the expanding natural product trend in the beauty and health sectors. These oils are frequently utilised in private care products as well, reducing the need for harmful chemicals and fostering economic growth. The preference for natural goods is also developing as a result of rising consumer awareness and purchasing power regarding the negative impacts of chemicals on cosmetics and toiletries.

The aromatherapy has demonstrated to lower stress reduction, sadness, and anxiety. Along with its role in reducing motion sickness, weight management, and maintaining healthy liver and gallbladder functions, aromatherapy also has a role in treating respiratory problems, nervous system disorders, cardiovascular diseases, and gastrointestinal infections. The most important aspect that is anticipated to propel the market's overall expansion is the rising utilisation of aromatherapy for a variety of health benefits.

Due to rising awareness of the benefits of complementary therapies, North America held a large global aromatherapy carrier oils market share in 2021. Additionally, the bulk of the major industry participants have their headquarters in the United States, including Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, and Edens Garden.

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Global Aromatherapy Carrier Oil Market

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