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Pune, India, April 07, 2021 (GLOBE NEWSWIRE) The
Essential Oil Market size was valued at USD 3,497.5 million in 2020 and is projected to register a CAGR of 8.9% during the forecast period. The consumption pattern in essential oils varies from region to region. For instance, the demand in North America is mainly driven by the rising use of essential oils in the food & beverages and pharmaceutical industries. The scenario is different in Europe, as the region is witnessing rising demand for these oils in the cosmetic industry.
The term essential oil has been derived from Quinta essential , a term coined by Paracelsus von Hohenheim of Switzerland for denoting the effective component of a drug. Essential oils are natural extracts from stems, roots, flowers, seeds, and other parts of a plant. In old days, these were mainly used for therapeutic and medicinal purposes. Today, essential oils are also considered as potential ingredients in food & beverages and cosmetic industr
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Essential Oil Industry SWOT Analysis, Size, Share, Price, Trends and Growth Forecast to 2025 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.