Government initiatives undertaken around the world, especially in the West to encourage the use of herbal medicine has resulted in the development of mass distribution networks, increasing prescription of homeopathic medications, and demand for Ayurveda treatments.According to a recent study by Future Market Insight.
North America $1.63 Bn Aromatherapy Market to 2030: Opportunities in the Use of Combined Essential Oils for Development of New Oils
May 28, 2021 04:33 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The North American aromatherapy market is predicted to reach a value of $1,639.9 million, increasing from $763.7 million in 2019, progressing at a 7.6% CAGR during the forecast period (2020-2030)
The market is growing due to the rising preference of consumers towards natural products, surging disposable income, increasing occurrence of skin diseases, and growing prevalence of lifestyle diseases. On the basis of product, the market is divided into equipment and consumables.