Global Essential Oil Isolates Market is Segmented By Type (Orange Oil, Tea Tree Oil, Eucalyptus Oil, Clove Oil, Rosemary Oil, Lemon Oil, Others), By Flavor (Fruits, Spices, Herbs, Flowers, Others), By Application (Cosmetics/Personal Care, Pharmaceuticals, Aromatherapy, Food and Beverage, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Sales, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
Essential Oil Isolates Market Overview
The global essential oil isolates market is projected to reach at a CAGR of 10.12% during the forecast period (2023-2030).
Essential oil isolates are highly concentrated compounds obtained from plants with a specific scent, which fragrance manufacturing companies extensively use. They are often used in aromatherapy as basic perfume or in oils, soaps, candles, and cosmetic products. The purest essential oil isolates are obtained from jasmine, eucalyptus, lavender, corn mint, lemon, clove, tea tree, and orange. Also, they're a good source of bioactive compounds with antimicrobial and antioxidant properties; hence, they are witnessing huge demand from the pharmaceutical sector. For instance, eucalyptus essential oil improves immunity, helps cure coughs and colds, and relieves pain caused by arthritis.
Essential Oil Isolates Market Summary
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Metrics |
Details |
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CAGR |
10.12% |
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Size Available for Years |
2021-2030 |
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Forecast Period |
2023-2030 |
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Data Availability |
Value (US$) |
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Segments Covered |
Type, Flavor, Application, Distribution Channel, and Region |
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Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
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Fastest Growing Region |
Asia-Pacific |
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Largest Region |
Europe |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Essential Oil Isolates Market Dynamics and Trends
Consumer inclination toward aromatherapy drives the market
Aromatherapy is gaining traction globally, and its rising demand is attributed to the rising hospitality sector and consumer preference for natural aromatherapy products and premium fragrances. The sedentary lifestyle has resulted in increased stress and anxiety levels globally. There is an increased demand for aromatherapy, as it is clinically proven to cater to such conditions as it elevates cognitive performance, mood, and performance ability. The stakeholder is harnessing the functional benefits of essential oils and aromatherapy within the supply side. At the same time, the fragrance industry has transitioned from classic perfume to wellness and self-care. Besides, beauty and skin care products are integrating within the wellness industry, and aromatherapy is becoming an essential component of fragrance, beauty, and wellness.
Developing countries are expected to experience an increase in demand for essential oil isolates over the coming years
Consumer preferences for essential oil isolates are rapidly increasing, and marketing campaigns are planned to highlight their use and claimed health benefits. Developing countries such as China and India are expected to experience an increase in demand for essential oils over the coming years. The demand for essential oils is expected to grow at a moderate rate in economically backward countries and at an exponential rate in new and emerging markets in Asia Pacific countries. High demand, along with the low cost of extraction, is a major factor that would aid suppliers.
Side effects may be caused due to consumers being unaware of the appropriate dosage may hamper the market
Essential oils are highly concentrated compounds; using a small amount of these oils imparts numerous benefits. However, essential oils are associated with certain side effects due to their highly concentrated and volatile nature. Most essential oils are safe; however, they require proper care, and proper instructions should be followed before using them. The side effects of essential oils mainly occur when consumers must be aware of the proper procedure to follow.
Essential Oil Isolates Market Segment Analysis
The global essential oil isolate market is segmented based on type, flavor, application, distribution channel, and region.
Rising demand for the product in the pharmaceuticals industry
The pharmaceuticals segment held the highest global market share in 2022. Essential oil isolates such as aniseed oil isolates, agarwood oil isolates, benzoin oil isolates, bitter orange oil isolates, and black pepper oil isolates, among others, are extensively used in pharmaceutical products owing to their various benefits. For instance, aniseed oil is highly effective in treating whooping cough, cramps, colic, bronchitis, rheumatism, flatulence, migraines, headaches, muscular aches, and pains. Likewise, black pepper oil isolate is helpful in the treatment of chills, colds, muscular aches, exhaustion, rheumatism, pain relief, flu, increased circulation, physical & emotional coldness, nerve tonic, and fevers. Cajuput oil isolate helps efficiently with infections like bronchitis, laryngitis, and colds. It is also effective in treating asthma, sinusitis, and sore throats. Bitter orange oil effectively relieves colds, flu, mouth, constipation, flatulence, gums, slow digestion, and stress.
Source: DataM Intelligence Analysis (2023)
Essential Oil Isolates Market Geographical Share
The high demand for essential oil isolates in Europe
Europe dominates the essential oil isolate market because multiple cosmetic and personal care companies are present in France, Italy, the UK, and Germany, increasing the demand for essential oil isolate. In this region, the demand for essential oil isolates is expected to increase rapidly. Multiple manufacturers of essential oil isolates have started their companies in other European countries because raw materials and labor are available at low wages due to the increasing usage of agriculture techniques in Europe, helping to increase the production of orange, lemon, clove, and corn, which is the primary ingredient in essential oil isolates.
Source: DataM Intelligence Analysis (2023)
Essential Oil Isolates Market Companies
The major global players in the market include Advanced Biotech, Plant Therapy, Soap & Salve Company, Hermitage Oils, Essential Oils, NOW Foods, DoRTerra, FlavexNaturextrakte GmbH, Ungerer and Company, Inc. and Young Living Essential Oils.
Key Developments
- On December 7, 2021, VedaOils launched DIY Kits for natural beauty enthusiasts. VedaOils offer options like Shea Butter, Aloe Vera and Goat Milk variations in their soap-making kits. Each kit comes with two carrier oils, two essential oils, a soap base, and pigments/dried flowers for one to personalize the soaps as per the preferences.
- On December 7, 2020, Chirons Isolated released new aroma compounds from plant materials. There are several approaches to the preparation of optically active compounds. One of these is to start with chiral starting materials, or chiton, isolated from plants.
- On September 9, 2020, Essential Candy introduced hard candies infused with essential oils. Essential Candy, also known as "Candy With A Purpose," was created to support people fighting cancer. It is available in signature blends and cannabidiol (CBD) hard candies.
Why Purchase the Report?
- To visualize the global essential oil isolates market segmentation based on Type, application, and region, as well as understand key commercial assets and players.
- Identify commercial opportunities in the market by analyzing trends and co-development.
- Excel data sheet with numerous data points of essential oil isolates market-level with all segments.
- PDF report consisting of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
- Product mapping available as excel consisting of key products of all the major market players.
The global essential oil isolates market report would provide approximately 93 tables, 109 figures and 190 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
