Aromatherapy Market Size, Share, Growth Analysis, By Product(Consumables and equipment), By Mode of delivery(Aerial diffusion, topical application, and direct inhalation), By Application(Relaxation, skin & hair care, pain management, scar management), By Distribution channel(DTC, and B2B), By End-use(Home use, spa & wellness centers, hospitals & clinics, and yoga & meditation centers), By Region - Industry Forecast 2024-2031

Q: What is the global market size of Aromatherapy Market?

Global Aromatherapy Market size was valued at USD 2.77 billion in 2021 and is poised to grow from USD 3.08 billion in 2022 to USD 7.2 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

Q: Who are the key vendors in the Global Aromatherapy Market?

The global aromatherapy market is highly competitive and is dominated by several key players. Some of the major players operating in the market include doTERRA International, Young Living Essential Oils, Mountain Rose Herbs, Rocky Mountain Oils, Edens Garden, Frontier Natural Products Co-op, Plant Therapy Essential Oils, and Aura Cacia. These companies compete with each other based on factors such as product quality, brand reputation, product range, pricing, distribution channels, and marketing strategies. Many of these companies are constantly innovating and introducing new products to meet the changing demands of consumers. 'doTERRA International LLC', 'Young Living Essential Oils LC', 'Biolandes SAS', 'Sydney Essential Oil Co. Pty Ltd.', 'Rocky Mountain Oils LLC', 'Mountain Rose Herbs Inc.', 'NOW Health Group Inc.', 'Ryohin Keikaku Co. Ltd. (Muji)', 'G Baldwin & Co.', 'Nu Skin Enterprises Inc.', 'Edens Garden Inc.', 'Aromatics International LLC', 'd?TERRA Holdings LLC', 'Plant Therapy Essential Oils LLC', 'Floracopeia Inc.', 'Farfalla Essentials AG', 'The Lebermuth Company Inc.', 'Young Living Essential Oils Ltd.', 'Hopewell Essential Oils', 'The Hut Group Ltd. (Lookfantastic)'

Q: What is the key driver of Global Aromatherapy Market?

The global aromatherapy market is expected to expand significantly as people become more aware of the therapeutic properties of essential oils such as lavender oil, cedarwood oil, Roman chamomile oil, rose oil, and hyssop oil. Such essential oils are widely used in aromatherapy, and the increasing awareness among consumers of the health benefits of essential oils in aromatherapy is propelling the global market growth during the analysis period.

Q: Which region accounted for the largest share in Global Aromatherapy Market?

In 2022, North America dominated the global aromatherapy market. The increased prevalence of various physical and mental disorders in North America contributed to a rise in demand for aromatherapy. Furthermore, healthcare costs are significantly higher in North America, so people are turning towards preventive care and natural alternatives to drugs. Consumers increased awareness of the advantages of essential oils and aromatherapy is significantly driving essential oil and aromatherapy market revenue share, which in turn driving the global aromatherapy market growth. The increasing demand for wellness tourism is propelling the market growth during the analysis period. However, more than half of the US population is assumed to be suffering from one or more chronic conditions.

Report ID: SQMIG30L2128 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 146 | Figures: 78

Aromatherapy Market News

In October 2022, International Flavors & Fragrances Inc. announced the introduction of new Singapore Innovation Center, the first in the company's global network of research, creative, and application centres to combine the technologies, capabilities, and expertise of all four business divisions: Nourish, Health & Biosciences, Scent, and Pharma Solutions.

In September 2022, The United States Patent and Trademark Office has granted 17 essential oil production patents to Young Living, the world leader in essential oils and products infused with essential oils, more than any other direct sales organization in the world

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Aromatherapy Market size was valued at USD 2.77 billion in 2021 and is poised to grow from USD 3.08 billion in 2022 to USD 7.2 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

The aromatherapy market is highly competitive and is dominated by several key players. Some of the major players operating in the market include doTERRA International, Young Living Essential Oils, Mountain Rose Herbs, Rocky Mountain Oils, Edens Garden, Frontier Natural Products Co-op, Plant Therapy Essential Oils, and Aura Cacia. These companies compete with each other based on factors such as product quality, brand reputation, product range, pricing, distribution channels, and marketing strategies. Many of these companies are constantly innovating and introducing new products to meet the changing demands of consumers. 'doTERRA International LLC', 'Young Living Essential Oils LC', 'Biolandes SAS', 'Sydney Essential Oil Co. Pty Ltd.', 'Rocky Mountain Oils LLC', 'Mountain Rose Herbs Inc.', 'NOW Health Group Inc.', 'Ryohin Keikaku Co. Ltd. (Muji)', 'G Baldwin & Co.', 'Nu Skin Enterprises Inc.', 'Edens Garden Inc.', 'Aromatics International LLC', 'd?TERRA Holdings LLC', 'Plant Therapy Essential Oils LLC', 'Floracopeia Inc.', 'Farfalla Essentials AG', 'The Lebermuth Company Inc.', 'Young Living Essential Oils Ltd.', 'Hopewell Essential Oils', 'The Hut Group Ltd. (Lookfantastic)'

The aromatherapy market is expected to expand significantly as people become more aware of the therapeutic properties of essential oils such as lavender oil, cedarwood oil, Roman chamomile oil, rose oil, and hyssop oil. Such essential oils are widely used in aromatherapy, and the increasing awareness among consumers of the health benefits of essential oils in aromatherapy is propelling the market growth during the analysis period.

Aromatherapy diffusers are becoming more popular in the home for odour control. Fragrance diffusers can also help to deodorise and relax the home's atmosphere. The use of essential oils like chamomile oil, patchouli oil, lemon oil, or lavender oil helps to create a stress-free environment. Additionally, essential oil dispersion in the air combats bacteria and reduces the toxicity of pollutants in the air, increasing atmospheric oxygen. As a result, more people are buying aromatherapy diffusers and essential oils for a wide range of reasons.

In 2022, North America dominated the aromatherapy market. The increased prevalence of various physical and mental disorders in North America contributed to a rise in demand for aromatherapy. Furthermore, healthcare costs are significantly higher in North America, so people are turning towards preventive care and natural alternatives to drugs. Consumers increased awareness of the advantages of essential oils and aromatherapy is significantly driving essential oil and aromatherapy market revenue share, which in turn driving the aromatherapy market growth. The increasing demand for wellness tourism is propelling the market growth during the analysis period. However, more than half of the US population is assumed to be suffering from one or more chronic conditions.

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What is the market size of Aromatherapy Market?

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