The global Essential Oils Market size was valued at USD 13.2 Billion in 2024 and is projected to reach USD 25.2 Billion by 2033, growing at a CAGR of 8.4% during the forecast period 2025-2033. The market is driven by rising consumer preference for natural and organic products across personal care, aromatherapy, food, and pharmaceutical sectors. Europe currently dominates with more than 49.4% market share in 2024, owing to strong demand in key industries and stringent sustainable practices.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Essential Oils Market Key Takeaways
- Current Market Size: USD 13.2 Billion (2024)
- CAGR: 8.4% (2025-2033)
- Forecast Period: 2025-2033
- Europe dominates with a market share of over 49.4% in 2024 driven by high consumer demand across personal care, food and beverages, and aromatherapy sectors.
- The United States accounts for 93.2% of the North American market, fueled by consumer inclination towards natural skincare and wellness products.
- Tea tree oil holds the largest product segment, valued for its antimicrobial and skincare properties.
- Spa and relaxation represent the leading application segment with around 46.5% market share in 2024, driven by wellness and stress management trends.
- Offline stores lead sales channels with approximately 45.0% market share, due to direct consumer access and personalized service.
Sample Request Link:
https://www.imarcgroup.com/essential-oils-market/requestsample
Market Growth Factors
The global essential oils market is primarily propelled by a growing customer shift towards organic and natural products, supported by rising awareness related to their health benefits. Increasing demand in sectors such as aromatherapy, personal care, and cosmetics significantly drives market expansion. Additionally, increasing applications in the food and pharmaceutical industries, alongside a growing preference for sustainable and eco-friendly solutions, foster substantial market growth. Government policies promoting ethical sourcing and organic products further strengthen the market worldwide.
Technological advancements in essential oil extraction processes and the growing adoption of wellness routines in spas and home treatments contribute significantly to market growth. These developments encourage innovation and increase consumption, thereby expanding the global essential oils market. The notable rise in the use of essential oils in complementary and preventive healthcare, enhanced by scientific validation, supports the growing acceptance of these products in modern wellness practices.
Furthermore, rising consumer awareness about health advantages associated with natural products is a crucial market driver. Approximately 54% of consumers prefer skincare items with clean and transparent ingredient listings, with 35% seeking plant-based ingredients. The availability of online information, alongside educational initiatives by government and private organizations promoting natural ingredient benefits, boosts market expansion.
Market Segmentation
By Product:
- Cedarwood Oil
- Eucalyptus Oil
- Lavender Oil
- Lemongrass Oil
- Rosemary Oil
- Tea Tree Oil
- Ylang Ylang Oil
- Others
Tea tree oil leads the product segment due to its broad antimicrobial, anti-inflammatory, and skincare applications, especially in personal care, cosmetics, and pharmaceuticals. Its increasing use in aromatherapy and therapeutic products highlights its market prominence.
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
Spa and relaxation lead the application category with around 46.5% share in 2024, attributed to growing consumer focus on mental wellness, stress relief, and aromatherapy. The segment benefits from increased wellness routines in spas and at-home treatments.
By Sales Channel:
- Offline Stores
- Online Stores
Offline stores hold approximately 45.0% market share in 2024, driven by physical product accessibility, personalized customer service, and consumer trust in brick-and-mortar retail.
By Region:
- Asia Pacific
- Europe
- North America
- Latin America
- Middle East and Africa
Regional Insights
Europe holds the dominant position in the essential oils market with over 49.4% market share in 2024. This leadership stems from strong consumer demand for natural and organic products in personal care, food and beverages, and aromatherapy industries. Stringent regulations promoting sustainability and eco-friendly practices, alongside well-established distribution networks in Germany, France, and the UK, underpin Europe’s market dominance.
Recent Developments & News
- October 2024: Tholi Oil, based in Omaha, launched a campaign to raise USD 77,000 for producing essential oils-infused sandals, aiming at wellness product innovation.
- July 2024: Young Living celebrated its 30th anniversary with the YL30 International Grand Convention in Salt Lake City, unveiling new products and reinforcing commitment to natural wellness.
- October 2023: Azelis acquired BLH SAS, a French distributor, expanding its natural ingredient portfolio globally.
- May 2023: Young Living introduced two new blends, Season Essentials™ and Red Cedar Bliss™, focusing on inhalation experience and immunity support.
- January 2023: PT Indika Energy Tbk entered the essential oils sector by acquiring a 46% stake in PT Natura Aromatik Nusantara in Indonesia.
Key Players
- Biolandes
- doTerra
- Essential Oils of New Zealand Ltd.
- Falcon Essential Oils
- Farotti S.R.L.
- FLAVEX Naturextrakte GmbH
- H. Reynaud & Fils
- India Essential Oils
- Moksha Lifestyle Products
- Rocky Mountain Oils LLC
- Sydney Essential Oil Co. (SEOC)
- The Lebermuth Company
- Ungerer Limited
- Young Living Essential Oils
Get Custom Market Research for Your Business:
https://www.imarcgroup.com/request?type=report&id=3434&flag=E
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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: +1-201971-6302
Comments (0)