Essential Oil Blends Market Volume Analysis, size, share and Key Trends 2019-2027
Essential oil blends are a mixture of different essential oils altogether to develop a new fragrance and flavor. Essential oils blends are mainly focused on developing an innovative fragrance than flavor and its therapeutic purpose. The manufacturers of essential oils are focusing on the expansion of the product portfolio and facilities. These companies and manufacturers are actively involved in developing essential oil blends with a variety of fruits, flowers, spices and others. This is also encouraging the manufacturers of food and beverages, cosmetics and pharmaceuticals to use essential oil blends to enhance their product quality. There is an increase in consumer adoption towards alternative medical treatments which uses natural and organic ingredients such as aromatherapy. Aromatherapy is an alternative to conventional pharmaceutical drugs which use essential oils and its blends for treatment and so is expected to drive the market of essential oil blends market. Globally the rise in demand for various fragrance products such as room fresheners, sprayers, perfumes and others are expected to boost the market of essential oil blends over the forecast period.
Trend in Use of Fragrance Products is Expected to Boost Essential Oil Blends Market
Development of new products especially in cosmetics, skin care, personal care, perfumes, sprayers and others is driving the market for essential oil blends globally. The companies are expanding their product portfolio by offering products in various fragrances such as jasmine, rose, apple, sweet orange, vanilla, cinnamon, sandal and blends of many other fragrance. With the growing interest of consumers in organic ingredients for health wellness is expected to grow the market of essential oil blends. Therefore the manufacturers worldwide are focused to formulate new products with blending profiles. Oil blends are widely being used to enhance moods, relaxation, treat insomnia, pain relief and others. A trend for customizing desired flavors and fragrances is increasing in society for decorative purpose, improving ambiance, gifting and others. Increasing popularity in practice of aromatherapy which uses essential oil and its blends and other fragrance products for treating skin rashes, burns, acne, headache, joint pains and others. The increase in demand for aromatherapy and its products for personal uses is expected to grow the market over the forecast period.
Essential Oil Blends Market Segmentation
On the basis of nature, the essential oil blends market has been segmented as- Organic Conventional
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On the basis of source, the essential oil blends market has been segmented as- Fruits Flowers Spices Others (Fruit/ vegetable Peels, seeds, woods, stem, leaves, etc.)
On the basis of end user, the essential oil blends market has been segmented as – Food and Beverages Fragrance Industry Cosmetics
On the basis of application, the essential oil blends market has been segmented as – Aroma Therapy Air Freshener/ Room Sprayers Scented Sachets Scented Candles Others (therapeutics use, perfumes etc.)
On the basis of distribution channel, the essential oil blends market has been segmented as- B2B B2C Hypermarkets/ Supermarkets Convenience Stores Specialty Stores Online Stores
Essential Oil Blends Market: Key Players
The key market players operating in essential oil blends market are Now Health Group Inc., Vigon International Inc., Global Essence Inc., Health & Beauty natural Oils Co. Inc., Goddess of spring LLC., Essential Care Organics Ltd., The Essential Oil Company, Frontier Natural Products Co Op., Heritage Brands Pty Ltd. With increase in use of oils for various purpose and rise in demand of scented products, a lot of regional players are expected to enter the market over the forecast period.
Essential Oil Blends Market Opportunities
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There is an increase in the use of essential oils for various purpose in homemade products and commercially available products. People are looking for various recipes and instruments available for essential oil blending for personal or home use. The manufacturers are expected to come up with new and varied fragrances in the essential oil blends market. The manufacturers of cosmetics, skin care, personal care products and others are expected to increase the use of essential oil blends and expand their product portfolio with clean labels. The developing practice of aromatherapy at home is trending and is expected to increase the market for essential oil blends. Increase in trend for DIY methods and recipes for oil blending to develop various personal care products, household products, fresheners and other decoration items are rising the use of essential oil blends. The manufacturers are expected to develop their R&D capabilities to cater the growing demand for essential oil blend for a variety of uses and applications. They are also expected to focus on the extraction or distillation techniques for the development of new organic active ingredients.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the essential oil blends market, including but not limited to: regional markets, nature, source, end user, application and distribution channel.
The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis
The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)
The essential oil blends market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the essential oil blends market report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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