The latest report by IMARC Group, titled “India Essential Oil Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the essential oil market share in India. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The India essential oil market size reached US$ 172.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 306.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.62% during 2024-2032.
India Essential Oil Market Overview:
Essential oils are highly concentrated natural extracts derived from various parts of plants, including leaves, flowers, bark, and roots. Commonly used in aromatherapy, essential oils are believed to promote physical and emotional well-being by stimulating the sense of smell or skin absorption. Beyond therapeutic uses, they are also incorporated into beauty products, household cleaning supplies, and in flavoring food and drink. The advantages of essential oils include their ability to provide natural alternatives to chemical products, potential stress relief, and mood enhancement, as well as possessing antimicrobial properties that can support immunity and improve home cleanliness. Popular types of essential oils include lavender, known for its calming effects, peppermint, often used for its refreshing scent and digestive benefits tea tree, valued for its antibacterial and anti-inflammatory properties, and eucalyptus, which is commonly used to relieve cold symptoms.
Request to Get the Sample Report: https://www.imarcgroup.com/india-essential-oil-market/requestsample
India Essential Oil Market Trends:
The increasing consumer preference for natural and organic products is driving the market in India. With a growing awareness of the benefits of natural remedies and a shift towards holistic health and wellness, essential oils are becoming a popular choice for various applications, including aromatherapy, personal care, and household products. Another major driver is the expanding cosmetic and personal care industry in India. Essential oils are widely used in skincare, haircare, and fragrance products due to their therapeutic properties and natural origin. The rising disposable income and changing lifestyles of consumers are further fueling the demand for premium personal care products, thereby propelling the market.
The pharmaceutical industry also plays a crucial role in driving the demand for essential oils. With a growing inclination towards alternative medicine and natural therapies, essential oils are increasingly being incorporated into pharmaceutical formulations for their medicinal properties. Also, the rising prevalence of chronic diseases and the need for effective, natural treatment options are contributing to the market's expansion. Moreover, the food and beverage industry is a significant driver, as essential oils are used as natural flavoring agents and preservatives.
India Essential Oil Market Segmentation:
Breakup by Product:
Cedarwood Oil
Eucalyptus Oil
Lavender Oil
Lemongrass Oil
Rosemary Oil
Tea Tree Oil
Ylang Ylang Oil
Others
Breakup by Application:
Medical
Pharmaceutical
Nutraceuticals
Food and Beverages
Bakery and Confectionery
Beverages
Meat, Poultry and Seafood
Others
Spa and Relaxation
Aromatherapy
Personal Care
Cosmetics
Toiletries
Others
Cleaning
Kitchen Cleaners
Floor Cleaners
Bathroom Cleaner
Others
Others
Breakup by Sales Channel:
Offline Stores
Online Stores
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
Comments