The Europe essential oils report encompasses thorough analysis of FnB industry with respect to several factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. Furthermore, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the Europe essential oils report. It is the top-notch market research report generated by skilful and experienced team players who support you in accomplishing an absolute growth and success in your business. As per this report, the market is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2019-2026.
By synchronizing with project managers, the team provide the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. It includes the detailed profiles for the Europe essential oils market’s major manufacturers and importers who are influencing the market. To achieve success in the competition of global market place, going for this global Europe essential oils market research report is the key. The Europe essential oils report takes into account all the opportunities, challenges, drivers, market structures, and competitive landscape for the clients.
Prominent Players of Europe Essential Oils Market are DuPont, Royal DSM, Givaudan, H. Reynaud & Fils, The Lebermuth Company, dōTERRA, Young Living Essential Oils, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, MANE, Cargill, Essential Oils of New Zealand Ltd., Farotti SRL, Flavex Naturextrakte GmbH, Ungerer Limited, West India Spices Inc., India Essential Oils, Firmenich SA, Incorporated., ROBERTET SA, Rocky Mountain Oils, LLC, Biolandes, MOKSHA, Sydney Essential Oil Co. Pty Ltd., Frutarom
Europe essential oils market is expected to grow with a CAGR of 18.4% in the forecast period of 2019 to 2026.
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Several overall health benefits offered by these oils are anticipated to fuel their demand in pharmaceutical and medical applications. Unlike most of the conventional medicines and drugs, they have no major side effects. Growing inclination of consumers towards natural and organic products is also leading to increased usage of essential oils in cosmetics and food and beverages.
Essential Oils are generally used for the aromatherapy, which is a form of the medical alternative. It contains ethereal oil or volatile oil having aroma similar to the plants. Essential oils are obtained from different herbs which include eucalyptus, lemon, corn mint, peppermint, and orange. They are extracted from the roots, seeds, flowers, fruits, stems, leaves, and other parts of the plant. The essential oils have a wide range of applications in household cleaning, soap, perfumes, and cosmetics owing to their antibiotic and antiseptic properties.
The demand for lavender oil is also projected to witness significant rise over the coming years owing to rising interest among the populace of developing countries in products of natural origin. Surging solvent demand in developed countries and an extensive range of end uses of the plant are also anticipated to spur the growth of the segment.
In January 2016, Cargill researchers are focusing on improving gut health in poultry to promote feed efficiency and keep birds healthy. This improvement will enhance the company portfolio. In December 2017, DSM has acquired BioCare Copenhagen (Denmark)to expand gut health ingredients portfolio with probiotics. This acquisition helped DSM in addressing its ambition in the gut microbiome and its portfolio of nutritional ingredients are very synergetic with BioCare Copenhagen’s approach and products, and there combination will well-catered to address the existing and emerging gut health areas.
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In February 2019, DuPont will showcase Enviva EO, a natural identical phytogenic blend designed to fit into any nutritional health strategy and consistently improve feed intake, leading to improved gut heath and performance. In August 2018, Ungerer Limited U.K is thrilled to announce the opening of a subsidiary office to our Shanghai production facilities. This business expansion will help to grow the company portfolio and growth rate.
Segmentation: Europe Essential Oils Market
Europe essential oils market is segmented into five notable segments such as type, products, application, extraction method, distribution channel.
On the basis of type, the market is segmented into singles, blends.
On the basis of products, the market is segmented into lavender oil, lemon oil, orange oil, frankincense, chamomile oil, lime oil, rosemary, tea tree, patchouli oil, lavandin oil, lemongrass oil, citronella oil, balsam, bergamot, mandarine oil, eucalyptus oil, clove oil, cedarwood oil, coriander oil, basil oil, cornmint oil, peppermint oil, spearmint oil, litsea cubeba oil, others.
On the basis of application, the market is segmented into spa & relaxation, cleaning & home, food & beverages, medical, others. The spa & relaxation segment is sub-segmented into aromatherapy, personal care, and massage oil. The personal care segment is sub-segmented into fragrances, cosmetics.
On the basis of extraction method, the market is segmented into distillation, cold press extraction, carbon dioxide extraction, solvent extraction, others.
On the basis of distribution channel, the market is segmented into Direct, Retail. The retail segment is sub-segmented into supermarket/hypermarket, online retailing.
Major companies including Rocky Mountain Oils, LLC, Young Living Essential Oils, dōterra offers its products through online shopping and distributors.
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