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The U.S. essential oils market by revenue is expected to grow at a CAGR of 7% during the period 2021-2026.
The consumption of the essential oils in the US is estimated at 96.45 kilotons in 2020 and is expected to reach 158.88 kilotons by 2026, growing at a CAGR of 8.67%. The presence of a large volume of buyers in the end-user industries and the rising awareness of natural and organic products among consumers are major factors influencing the US market. The US is one of the major contributors to the global essential oils market as it is witnessing increasing application in the preventive healthcare industry. Factors such as surging aromatherapy and pharmaceutical application, the increasing demand for “green solution,” and the high adoption of natural products over synthetic are the factors expected to contribute to the growth of the essential oils market in the US.
The following factors are likely to contribute to the growth of the U.S. essential oils market during the forecast period:
- Demand for Aromatherapy & Other Natural Therapies
- Consumption of Essential Oils by Cosmetics & Personal Care Segment
- Demand for Men’s Grooming Products
The study considers the present scenario of the U.S. essential oils market and its market dynamics for the period 2020-2026. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
U.S. Essential Oils Market Segmentation
This market research report on the US essential oils market includes a detailed segmentation by product, end-user, geography. In terms of revenue, frankincense essential oil dominated the market and reported over USD 69 million in 2020. Owing to many applications, these are one of the most commonly used necessary commodities in the United States. The orange essential oils experienced the highest demand by volume, followed by peppermint, eucalyptus, lemon, clove, and frankincense essential oil. The demand for orange essential oil is expected to reach 61-kilo tons by 2026, growing at an impressive CAGR of over 9%. Eucalyptus oil has several applications, and they are majorly used as anti-microbial, antiseptic, deodorizing, and insect repellent agents. Moreover, eucalyptus oil is majorly used in treating wounds, burns, abrasions, sores, and scrape, thereby increasing the application in the healthcare industry. Therefore, eucalyptus oils are expected to witness significant growth both in terms of value and volume.
Several end-user industries drive the demand for essential oils due to several flavors and fragrances. In terms of revenue and volume, the F&B industry held the largest market share in the US essential oils market. However, the demand for essential oils in the cosmetics & personal care industry and spa & relaxation industries are expected to witness the highest growth during the forecast period. This is majorly attributed to the increasing awareness of personal care and wellness. The essential oils demand in the spa & relaxation industry is expected to witness the highest growth momentum, growing at a CAGR of over 16% between 2021 and 2023 and over 19% between 2024 and 2026. The slow momentum during the period 2021-2023 can be major because of the COVID-19 outbreak. Due to the imposed lockdown and shutting down of spas, resorts, parlors, and salons, the demand for essential oils in the spa & relaxation industry and the cosmetics & personal care industry is growing at a slower pace.
Product
- Frankincense Essential Oils
- Lavender Essential Oils
- Peppermint Essential Oils
- Tea Tree Essential Oils
- Eucalyptus Essential Oils
- Rosemary Essential Oils
- Sandalwood
- Lemon Essential Oils
- Lemongrass Essential Oils
- Clove Essential Oils
- Thyme Essential Oils
- Orange Essential Oils
- Basil Essential Oils
- Spearmint Essential Oils
- Chamomile Essential Oils
- Other Essential Oils
- F&B Industry
- Healthcare Industry
- Spa & Relaxation Industry
- Cosmetics & Personal Care Industry
- Cleaning & Household Industry
- Others
INSIGHTS BY GEOGRAPHY
The U.S. essential oils market share is majorly driven by the high disposable income, the presence of high established end-user industries, high potential growth in several end-user industries, an increasing number of households, and rising demand for aromatherapy and a healthy lifestyle. Besides, due to a high prevalence of diseases, awareness and the demand for men’s grooming products such as beard care, hair care, and others, and increasing demand for natural and organic foods and cosmetics are also boosting the demand for essential oils from end-user industries. In line with this growing trend of natural & organic lifestyle, manufacturers worldwide are increasing their operations and procurement activities to customize the product features depending on end-user applications.
Geography
- US
INSIGHTS BY VENDORS
The U.S. essential oils market is highly competitive and moderately consolidated. The US has a moderate number of major players and several small players. Players operating in the industry are focusing on developing innovative products and expanding their product portfolio by making huge investments in R&D. Although the established players dominate the industry, growth opportunities for other new entrants are also high exist as they target the low end-markets or cities by producing low-cost products. The competitive intensity of the market is higher in Northern and Southern parts of the US due to the large number of end-user industries propelling demand for essential oils.
Prominent Vendors
- Artisan Aromatics
- Doterra
- Eden Botanicals
- Labermuth
- Nature’s Truth
- Now Foods
- Nutrix International
- Rocky Mountain Oils
- The Essential Oil Company
- Ungerer
- WFMED
- Young Living Essential Oils
KEY QUESTIONS ANSWERED
1. What is the market size of the U.S. essential oil market during the forecast period 2021-2026?
2. Which end-user segment holds the maximum market share in the market?
3. What are the key trends in the essential oils market?
4. Which are the major players in the essential oils industry?
5. What factors are expected to drive the adoption of essential oils in the US?
Table of Contents
1 Research Methodology2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope Of The Study
4.4 Market Segments
5 Report Assumptions & Caveats
5.1 Key Caveats
5.1 Currency Conversion
5.2 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Raw Material Insights
7.3 Value Chain Analysis
7.4 Profit Margin
7.5 Industry FAQ
7.6 Impact Of Covid-19
8 Market Opportunities & Trends
8.1 Rising Demand For Aromatherapy & Other Natural Therapies
8.2 Increasing Consumption Of Essential Oils By Cosmetics & Personal Care Segment
8.3 Rising Demand For Men’s Grooming Products
9 Market Growth Enablers
9.1 Rising Popularity Of Natural And Organic Products
9.2 High Demand From Pharmaceuticals Segment
9.3 High Disposable Income & Increasing Number Of Households
10 Market Restraints
10.1 Strict Regulations On Harvesting & Cultivation Due To Associated Hazards
10.2 Presence Of Alternative Synthetic Substitutes
10.3 Lack Of Traceability In Supply Chain
11 Market Landscape
11.1 Market Overview
11.2 Supply Chain Overview
11.3 Five Forces Analysis
12 Product
12.1 Market Snapshot & Growth Engine (Value)
12.2 Market Snapshot & Growth Engine (Volume)
12.3 Market Overview
12.4 Frankincense
12.5 Lavender
12.6 Peppermint
12.7 Tea Tree
12.8 Eucalyptus
12.9 Rosemary
12.10 Sandalwood
12.11 Lemon
12.12 LEMONGRASS
12.13 Clove
12.14 Thyme
12.15 Orange
12.16 Basil
12.17 Spearmint
12.18 Chamomile
12.19 Others
13 End-User
13.1 Market Snapshot & Growth Engine (Value)
13.2 Market Snapshot & Growth Engine (Volume)
13.3 Market Overview
13.4 F&B Industry
13.5 Healthcare Industry
13.6 Spa & Relaxation
13.7 Cosmetics & Personal Care Industry
13.8 Cleaning & Household Industry
13.9 Others
14 Geography
14.1 Market Snapshot & Growth Engine
14.2 Geographic Overview
15 Key Regions
15.1 South
15.2 West
15.3 MIDWEST
15.4 Northeast
16 Competitive Landscape
16.1 Competition Overview
17 Key Company Profiles
17.1 Artisan Aromatics
17.2 Doterra
17.3 EDEN Botanicals
17.4 Labermuth
17.5 Nature’s Truth
17.6 Now Foods
17.7 Nutrix International
17.8 Rocky Mountain Oils
17.9 The Essential Oil Company
17.10 Ungerer
17.11 WFMED
17.12 Young Living Essential Oils
18 Report Summary
18.1 Key Takeaways
18.2 Strategic Recommendations
19 Quantitative Summary
19.1 Market By Geography
19.2 Market By Product
19.3 Market By End-User
20 Appendix
20.1 AbbreviationsList Of Exhibits
Exhibit 1 Segmentation of Essential oils market in the US
Exhibit 2 Market Size Calculation Approach 2020
Exhibit 3 Classification of Essential oils market & Base Year Revenue ($ MN)
Exhibit 4 Value Chain Actors in Essential Oils Market
Exhibit 5 Impact of COVID-19 on End-User Industries
Exhibit 6 Rising Demand for Aromatherapy & Other Natural Therapies
Exhibit 7 Most Commonly Purchased Essential Oils by Aromatherapy in the US
Exhibit 8 Factors Boosting Demand for Essential Oils for Aromatherapy in the US
Exhibit 9 Impact of Increasing Consumption of Essential Oils by Cosmetics & Personal Care Segment
Exhibit 10 Consumer Changes Boosting the Sale of Essential Oils in Beauty Products
Exhibit 11 Key Insights for the US Cosmetics & Personal Care Industry
Exhibit 12 Impact of Rising Demand for Men’s Grooming Products
Exhibit 13 Facts & Figures
Exhibit 14 Impact of Rising Popularity of Natural & Organic Products
Exhibit 15 Impact of High Demand from Pharmaceuticals Segment
Exhibit 16 Factors Driving Demand for Essential Oils from the Pharmaceutical Segment
Exhibit 17 Impact of Rising Popularity of Natural & Organic Products
Exhibit 18 Impact of Strict Regulations on Harvesting & Cultivation due to Associated Hazards
Exhibit 19 Impact of Presence of Alternative Synthetic Substitutes
Exhibit 20 Impact of Lack of Traceability in Supply Chain
Exhibit 21 Factors Influencing the Purchasing Decision of End-User Industries
Exhibit 22 Constraints Associated with Emerging Nations
Exhibit 23 Factors Driving the Growth of Essential Oils Market in the US
Exhibit 24 Typical Supply Chain in Essential Oils Market
Exhibit 25 Essential Oils Market in the US 2020-2026 ($ billion)
Exhibit 26 Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 27 Five Forces Analysis 2019
Exhibit 28 Incremental Growth by Product Type 2020 & 2026 (Value)
Exhibit 29 Incremental Growth by Product Type 2020 & 2026 (Volume)
Exhibit 30 Market Segmentation by Product Type
Exhibit 31 Frankincense Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 32 Frankincense essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 33 Lavender Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 34 Lavender Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 35 Factors Driving the Demand for Peppermint Essential Oil in the US
Exhibit 36 Peppermint Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 37 Peppermint Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 38 Tea Tree Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 39 Tea Tree Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 40 Eucalyptus Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 41 Eucalyptus Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 42 Rosemary Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 43 Rosemary Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 44 Sandalwood Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 45 Sandalwood Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 46 Lemon Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 47 Lemon Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 48 Lemongrass Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 49 Lemongrass Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 50 Clove Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 51 Clove Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 52 Thyme Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 53 Thyme Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 54 Orange Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 55 Orange Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 56 Basil Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 57 Basil Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 58 Spearmint Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 59 Spearmint Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 60 Factors Driving the Demand for Chamomile Essential Oil in the US
Exhibit 61 Chamomile Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 62 Chamomile Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 63 Factors Impacting Growth of Citronella Essential Oil in the US
Exhibit 64 Other Essential Oils Market in the US 2020-2026 ($ million)
Exhibit 65 Other Essential Oils Market in the US 2020-2026 (kilotons)
Exhibit 66 Incremental Growth by End-User 2020 & 2026 (Value)
Exhibit 67 Incremental Growth by End-User 2020 & 2026 (Volume)
Exhibit 68 Market Segmentation by End-user
Exhibit 69 Growth Momentum & Market Share 2020-2026 (Revenue)
Exhibit 70 Growth Momentum & Market Share 2020-2026 (Volume)
Exhibit 71 Factors Driving the Demand for Essential Oils in the US
Exhibit 72 Essential Oils Market in the US by F&B Industry 2020-2026 ($ billion)
Exhibit 73 Essential Oils Market in the US by F&B Industry 2020-2026 (kilotons)
Exhibit 74 Classification of Healthcare Industry in the US based on Usage of Essential Oils
Exhibit 75 Factors Driving the Demand for Essential Oils by the Healthcare Industry
Exhibit 76 Essential Oils Market in the US by Healthcare Industry 2020-2026 ($ billion)
Exhibit 77 Essential Oils Market in the US by Healthcare Industry 2020-2026 (kilotons)
Exhibit 78 Essential oils market Dynamics in Spa & Relaxation Industry
Exhibit 79 Essential Oils Market in the US by Spa & Relaxation Industry 2020-2026 ($ billion)
Exhibit 80 Essential oils Market in the US by Spa & Relaxation Industry 2020-2026 (kilotons)
Exhibit 81 Classification of the Cosmetics Industry in the US based on Usage of Essential Oils
Exhibit 82 Essential oils Market in the US by Cosmetics & Personal Care Industry 2020-2026 ($ billion)
Exhibit 83 Essential oils market in the US by Cosmetics, &Personal Care Industry 2020-2026 (kilotons)
Exhibit 84 Trends in Cleaning & Household Industry in the US
Exhibit 85 Growth in Single and Multi-Family Housing Units in the US 2015-2019 (thousand units)
Exhibit 86 Essential oils Market in the US by Cleaning & Household Industry 2020-2026 ($ billion)
Exhibit 87 Essential oils Market in the US by Cleaning & Household Market 2020-2026 (kilotons)
Exhibit 88 Essential oils Market in the US by Other End-users Industry 2020-2026 ($ billion)
Exhibit 89 Essential oils market in the US by Other End-users Industry 2020-2026 (kilotons)
Exhibit 90 Incremental Growth by Geography 2020 & 2026
Exhibit 91 Factors Supporting the Growth of the Essential oils market in the US
Exhibit 92 Growth Momentum and Market Share by Region
Exhibit 93 Essential oils market in Southern Region 2020-2026 ($ billion)
Exhibit 94 Essential oils market in the Western Region 2020-2026 ($ billion)
Exhibit 95 Essential oils market in the MidWest Region 2020-2026 ($ billion)
Exhibit 96 Essential oils market in the Northeast Region 2020-2026 ($ billion)List Of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013-2020
Table 3 High Demand Products in the F&B Industry
Table 4 Majorly Used Essential Oils in Spa & Relaxation Industry
Table 5 Artisan Aromatics: Major Product Offerings
Table 6 Doterra: Major Product Offerings
Table 7 Eden Botanicals: Major Product Offerings
Table 8 Lebermuth: Major Product Offerings
Table 9 Nature's Truth: Major Product Offerings
Table 10 Now Foods: Major Product Offerings
Table 11 Nutrix International: Major Product Offerings
Table 12 Rocky Mountain Oils: Major Product Offerings
Table 13 The Essential Oil Company: Major Product Offerings
Table 14 Ungerer: Major Product Offerings
Table 15 WFMED: Major Product Offerings
Table 16 Young Living Essential Oils: Major Product Offerings
Table 17 Essential Oils Market in the US by Geography 2020-2026 ($ billion)
Table 18 Essential Oils Market in the US by Geography 2020-2026 (% Revenue)
Table 19 Essential Oils Market in the US by Product Type 2020-2026 ($ million)
Table 20 Essential Oils Market in the US by Product Type 2020-2026 (% Revenue)
Table 21 Essential Oils Market in the US by Product Type 2020-2026 (kilotons)
Table 22 Essential Oils Market in the US by Product Type 2020-2026 (% Volume)
Table 23 Essential Oils Market in the US by End-User 2020-2026 ($ billion)
Table 24 Essential Oils Market in the US by End-User 2020-2026 (% Revenue)
Table 25 Essential Oils Market in the US by End-User 2020-2026 (kilotons)
Table 26 Essential Oils Market in the US by End-User 2020-2026 (% Volume)
Companies Mentioned
- Artisan Aromatics
- Doterra
- Eden Botanicals
- Labermuth
- Nature’s Truth
- Now Foods
- Nutrix International
- Rocky Mountain Oils
- The Essential Oil Company
- Ungerer
- WFMED
- Young Living Essential Oils
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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