Essential Oils Market Worth $15.3 Billion by 2027
Essential Oils Market By Product Type, Application (Food beverages, Cosmetics Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits Vegetables, Herbs Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027 Northbrook, IL 60062 -- ( SBWIRE ) -- 09|28|2022 -- According to a research report " Essential Oils Market by Product Type, Application (Food Beverages, Cosmetics toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits vegetables, Herbs Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027" published by MarketsandMarkets, the global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value. Download PDF Brochure The food and beverages industry continues to incorporate essential oils into multiple products, in line with the upward trend of "clean label." The food and beverage industries use essential oils mostly for their color, flavor, and fragrance in the end products, as substitutes for synthetic ingredients.
Essential Oils Market Worth $15.3 Billion by 2027
Essential Oils Market By Product Type, Application (Food beverages, Cosmetics Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits Vegetables, Herbs Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027 Northbrook, IL 60062 -- ( SBWIRE ) -- 09|28|2022 -- According to a research report " Essential Oils Market by Product Type, Application (Food Beverages, Cosmetics toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits vegetables, Herbs Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027" published by MarketsandMarkets, the global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value. Download PDF Brochure The food and beverages industry continues to incorporate essential oils into multiple products, in line with the upward trend of "clean label." The food and beverage industries use essential oils mostly for their color, flavor, and fragrance in the end products, as substitutes for synthetic ingredients.