APAC Essential Oils Market - Industry Trends and Forecast to 2030
The Asia-Pacific essential oils market is expected to reach USD 4,877.21 million by 2030 from USD 2,266.74 million in 2022, growing at a CAGR of 10.1% in the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Essential Oils Market, By Product (Citrus Oils, Floral Oils, Herbaceous Oils, Camphoraceous Oils, Minty Oils, Spicy Oils, Resinous/Musky Oils, and Woody/Earthy Oils), Types (Singles/Virgin and Blends), Category (Conventional and Blends), Method of Extraction (Hydro-Or-Steam- Distillation, Hydrodiffusion, Cold Press Extraction, Water Distillation, Supercritical Fluid Extraction, Solvent Extraction, Microwave Assisted Process (MAP), Carbondioxide, Extraction, and Others), Application (Food & Beverages, Aromatherapy, Cosmetics & Personal Care, Home Care, Toiletries and Cleaners, Alternative Energy and Medical, Textiles, Automobile Air Fresher, Agriculture, and Others), End Use (Cosmetic Companies, Pharma Companies, Medical Spa, Dermatology Clinics, and Others), Distribution Channel (Direct and Indirect), Country (China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Market DynamicsDrivers• Increasing demand for aromatherapy
• Increased demand for essential oils in food and beverage industries
Restraint• Fluctuation in the prices of essential oils
Opportunity• Increasing demand for essential oils in pharmaceutical and home remedies
Market PlayersSome of the key market players operating in the Asia-Pacific essential oils market are listed below
• Kelvin Natural Mint Pvt. Ltd.
• Moksha Lifestyle Products
• Robertet
• Cario Aromatic
• KM Chemicals
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