Essential Oils Market Research 2021: SWOT Analysis, CAGR Values, Size, Share, Industry Growth by 2031
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Essential Oils Market Research 2021: SWOT Analysis, CAGR Values, Size, Share, Industry Growth by 2031
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Growth Strategies Adopted by Major Players in Essential Oils Market
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According to the new market research report
Essential oils Market by Type (Orange, Lemon, Lime, Peppermint, Citronella, and Others), Application (Food & Beverage, Cosmetics & Toiletries, Aromatherapy, Home Care, Health Care), Method of Extraction, and Region – Global Forecast to 2026 , published by MarketsandMarkets™, the global Essential Oils Market size is estimated to be valued USD 10.3 billion in 2021 and is expected to reach a value of USD 16.0 billion by 2026, growing at a CAGR of 9.3% in terms of value during the forecast period. In terms of volume, the essential oils market is estimated to account for 253.2 KT in 2021 and is expected to reach at 345.4 KT by 2026, growing at a CAGR of 6.4% during the forecast period. Factors such as a growth in awareness toward preventive healthcare, improvements in the standard of living and rise in double income households, along with increase in d