The North America Essential Oils Market is experiencing significant growth driven by increasing demand from the food and beverage industry for flavoring and fragrance purposes in various products such as soft drinks, bakery items, and sports drinks. Additionally, the market is boosted by the rising popularity of spa and relaxation centers, where essential oils are used for aromatherapy. The market's expansion is supported by various extraction methods, including distillation, cold press, solvent extraction, and enzymatic extraction, which provide a diverse range of chemically pure and distinguishable fragrant substances.
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Data Bridge Market Research analyses that the North America essential oils market was USD 3,336.97 million in 2022 and is expected to reach USD 6,998.52 million by 2030, at a CAGR of 9.7% during the forecast period of 2023 to 2030. The increasing awareness of natural and organic products among health-conscious consumers has driven the demand for essential oils in North America. Derived from plant sources, essential oils offer a chemical-free alternative for personal care, wellness, and home products, boosting their market growth.
Key Findings of the Study
Supportive regulatory environment is expected to drive the market's growth rate
The supportive regulatory environment plays a crucial role in driving the North America essential oils market. Favorable regulations and standards established by authorities ensure the safety and quality of essential oils for various applications, such as food and beverage, personal care, and aromatherapy. This instills confidence in consumers, manufacturers, and retailers, leading to increased adoption of essential oils in different industries. The clear guidelines create a conducive market environment, promoting innovation, investment, and overall growth in the essential oils market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Citrus Oils, Floral Oils, Herbaceous Oils, Camphoraceous Oils, Minty Oils, Spicy Oils, Resinous/Musky Oils, and Woody/Earthy Oils), Types (Singles and Blends), Category (Conventional and Organic), Method of Extraction (Hydro-Or-steam-Distillation, Hydrodiffusion, Cold Press Extraction, Water Distillation, Supercritical Fluid Extraction, Solvent Extraction, Microwave Assisted Process, Carbondioxide Extraction, and Others), Application (Aromatherapy, Cosmetics & Personal Care, Toiletries and Cleaners, Home Care, Agriculture, Food & Beverages, Alternative Energy and Medical, Textiles, Automobile Air Fresher, Food Packaging Material, and Others), End User (Cosmetics Companies, Pharma Companies, Medical Spa, Dermatology Clinics, and Others), Distribution Channel (Direct and Indirect)
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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Lebermuth, Inc. (U.S.), Floral Essential Oil (India), Kelvin Natural Mint Pvt Ltd (India), SOiL Organic Aromatherapy and Skincare (South Africa), dōTERRA (U.S.), Clive Teubes Group (South Africa), Young Living Essential Oils, LC. (U.S.), Floracopeia (U.S.), Robertet (France), Rocky Mountain Oils, LLC (U.S.), Vigon International, LLC (U.S.), Frontier Co-op. (U.S.), Synthite Industries Ltd. (India), Silverline Chemicals (India), Phoenix Aromas & Essential Oils, LLC (U.S.), among others.
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The North America essential oils market is segmented into seven segments based on product, types, category, and method of extraction, application, end user, and distribution channel
- On the basis of product, the North America essential oils market is segmented into citrus oils, floral oils, herbaceous oils, camphoraceous oils, minty oils, spicy oils, resinous/musky oils, and woody/earthy oils.
- On the basis of types, the North America essential oils market is segmented into singles and blends.
- On the basis of category, the North America essential oils market is segmented into conventional and organic.
- On the basis of method of extraction, the North America essential oils market is segmented into hydro-or-steam-distillation, hydrodiffusion, cold press extraction, water distillation, supercritical fluid extraction, solvent extraction, microwave assisted process, carbondioxide extraction, and others.
- On the basis of application, the North America essential oils market is segmented into aromatherapy, cosmetics and personal care, toiletries and cleaners, home care, agriculture, food and beverages, alternative energy and medical, textiles, automobile air fresher, food packaging material, and others.
- On the basis of end user, the North America essential oils market is segmented into cosmetics companies, pharma companies, medical spa, dermatology clinics, and others.
- On the basis of distribution channel, the North America essential oils market is segmented into direct and indirect.
Major Players
Data Bridge Market Research recognizes the following companies as the major North America essential oils market players in North America essential oils market are Lebermuth, Inc. (U.S.), Floral Essential Oil (India), Kelvin Natural Mint Pvt Ltd (India), SOiL Organic Aromatherapy and Skincare (South Africa), dōTERRA (U.S.), Clive Teubes Group (South Africa), Young Living Essential Oils, LC. (U.S.), Floracopeia (U.S.),
Market Developments
- In August 2020, Young Living Essential Oils introduced new products in the happy, healthy home category, including Cassia oil, Ecuadorian oregano oil, and one heart essential oil, capitalizing on the rising demand for natural and wellness-focused products.
- In October 2020,Neptune Wellness Solutions launched Forest Remedies in collaboration with IFF, unveiling six essential oils, including lemon, sweet orange, bergamot, peppermint, eucalyptus, and tea tree oil, catering to the growing interest in aromatherapy and natural solutions.
- In July 2022, doTERRA expanded its presence into India, a strategic move considering India's significance in essential oil sourcing from Asia, the Pacific, the Middle East, and Africa, bolstering doTERRA's global growth.
- In February 2022, Givaudan acquired Myrissi (France), leveraging their expertise in AI to enhance Givaudan's Fragrance and beauty strategy and offering innovative organoleptic approaches to consumers.
- In September 2022, MANE KANCOR opened an innovation center at Angamaly, focusing on natural shelf-life solutions, natural colors, culinary taste, personal care ingredients, and nutraceutical products, showcasing their commitment to research and development.
- In July 2022, Sensient acquired Flavor Solutions, Inc. (US), expanding its flavor portfolio with savory reaction flavors, natural shelf-life extenders, sweetness enhancing, salt reduction taste-modulation technology platforms, strengthening Sensient's position in the flavor industry.
Regional Analysis
Geographically, the countries covered in the North America essential oils market report are U.S., Canada, and Mexico in North America.
As per Data Bridge Market Research analysis:
The U.S. is expected to be dominant in North American essential oils market during the forecast period 2023 - 2030
The U.S. is projected to be the dominant player in the essential oils market due to a surge in awareness about the health benefits of essential oils. Consumers in the U.S. are increasingly seeking natural and holistic solutions for wellness and self-care. The growing knowledge about the therapeutic properties of essential oils, such as stress relief, relaxation, and mood enhancement, has driven their popularity. This rising awareness is expected to lead to an increased demand for essential oils in various industries, solidifying the U.S.'s position as a key market player.
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