Essential Oil Manufacturing in the UK - Industry Market Research Report

Essential Oil Manufacturing in the UK - Industry Market Research Report

Essential Oil Manufacturing in the UK

Essential oil manufacturing revenue is expected to contract at a compound annual rate of 2.9% over the five years through 2023-24. Harsh weather conditions and the prevalence of huanglongbing infections in orange trees have devastated various crops, inflating purchasing costs. A weak pound has supported exports of essential oils, although competition with manufacturers in low-income nations has increased. Essential oil manufacturers have benefitted from the increasing popularity of aromatherapy. The use of essential oils for medicinal use has also increased in line with rising health awareness in the UK, although their health benefits are hotly debated.

Companies in this industry manufacture essential oils, including natural aromatic products, resinoids and mixtures of odoriferous products for the manufacture of perfumes or foods. The industry does not include the manufacture of synthetic aromatic products or the manufacture of perfumes and similar toiletries.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.