Global Aromatherapy and Essential Oils Market Exceeded $8 Billion in 2024
The Global Aromatherapy and Essential Oils Market is set for consistent growth, with a projected CAGR exceeding 6% over the forecast period. This expansion is driven by a growing emphasis on well-being, the rise of the she economy, the influence of social media, direct selling model and the increasing adoption of complementary and alternative medicine. The global market was valued over $8 billion in 2024.
North America made up the largest portion of the global market with over 45% in revenues in 2024, followed by Asia Pacific with over 40% of revenues. The North American market is being driven by growing consumer interest in holistic wellness and natural remedies. As people become more focused on mental and emotional health, essential oils are being used for anxiety relief, stress management, and mindfulness. The rising awareness of sleep hygiene has also fueled demand for essential oil blends that promote relaxation and better sleep. Wellness brands are responding by offering more specialized products.
The Asia-Pacific region is witnessing significant demographic and lifestyle shifts that are reshaping the wellness industry. Two primary factors driving this transformation are the aging population and the growing health-consciousness of younger generations like Gen Z. These changes are boosting the demand for products and services focusing on overall well-being.
As European consumers continue to prioritize personalized and natural wellness solutions, the aromatherapy and essential oils market is poised for sustained growth. Companies that align their product lines with specific consumer needs, while emphasizing safety, sustainability, and quality, will remain competitive in this evolving landscape.
Report Scope
A comprehensive analysis of the Global Aromatherapy and Essential Oils Market for North America, Latin America, Europe, Asia-Pacific, and Rest of World, which includes market sizing, market share by competitor, drivers, restraints, regional trends and revenue forecasts to 2031.
Essential oils are defined as natural oils, typically obtained by distillation, having the characteristic fragrance from the plant or other source extraction. Technically, aromatherapy means the use of aromas as therapy or the use of aromas for their healing properties. However, there is an increasing move to use the term ‘essential oils’ (which more accurately describes the existing market) as the therapeutic use of essential oils based on their aroma and properties, which includes internal use of the oils.
For purposes of this research, only essential oils that are used for health and wellness and relaxation purposes via topical application, inhalation, diffusion, and ingestion have been included.
The report includes the following information:
- Market Size, Growth Rate, Revenue Forecast (2024-2031)
- Revenue Share by Segment (distribution channel, product type, customer segment)
- Growth Drivers & Restraints
- Competitive Factors
- Industry Challenges
- Market Trends
- Regional Trends
- Pricing Trends
- Distribution Trends
- Regulatory Information
- Major Company Profiles
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Table of Contents
1. Research Scope, Methodology, Definition
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- dōTERRA
- Young Living
- Melaleuca Inc.
- Ryohin Keikaku Co. Ltd.
- Plant Therapy
- Neal's Yard Remedies
- Jurlique
- Saje Natural Business Inc.
- Frontier Co-op (Aura Cacia)
- Rocky Mountain Oils
- Eden Botanicals
- Melaleuca
- Plant Therapy
- rareEssence
- Eden Gardens Essential oils
- Nature Packaged
- Swiss Just America
- Exotic Aroma
- Perfect Potion
- Eco.Modern Essentials
- Quintis
- @aroma
- Primavera Life GmbH
- First Natural Brands (Tisserand)
- Farfalla
- Terra Gaia
- Florihana
- Neom well-being
- Aromatherapy Associates
- Absolute Aromas
Methodology
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