Global Essential Oil Market 2019-2023 - Increase in New Product Launches / Rising Demand for Aromatherapy / Clean Labeling of Essential Oils - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 10, 2019--The “Global Essential Oil Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The essential oil market will register a CAGR of over 8% by 2023.
The expanding retail space is one of the key parameters expected to trigger the market’s growth in the forthcoming years. Players in the emerging and advanced economies are adopting different distribution formats for offering essential oils through supermarkets and hypermarkets, convenience stores, discount stores, and online portals.
The sales of essential oils through e-commercial portals including Amazon and Walmart are increasing due to the convenience of shopping offered through the online distribution channels. This will further foster the essential oil market growth in the forthcoming years.
Expanding applications across various industries
One of the growth drivers of the global essential oil market is the wide-scale application of essential oils across various industries such as food and beverages. It is extensively used in the preparation of various scented and perfumes and beauty products.
Enforcement of stringent regulations for essential oils
One of the challenges in the growth of global essential oil market is the enforcement of stringent regulations for essential oils. Stringent regulations for essential oils restrict the business of vendors operating in multiple economies which will hinder the growth of the market during the forecast period.
The market appears to be moderately concentrated and with the presence of a few market players. Several vendors in the market are focusing on ensuring that their products comply with clean labeling to increase the sales of essential oils. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Food and beverages - Market size and forecast 2018-2023
- Recreation - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Increase in new product launches
- Rising demand for aromatherapy
- Clean labeling of essential oils
PART 11: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Aromaaz International
- Bath & Body Works Direct, Inc.
- Frontier Co-op.
- NOW Foods
- Young Living Essential Oils
PART 13: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/r/c8fs41
View source version on businesswire.com:https://www.businesswire.com/news/home/20190410005717/en/
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Related Topics:Essential Oils
INDUSTRY KEYWORD: RETAIL COSMETICS
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 04/10/2019 01:15 PM/DISC: 04/10/2019 01:15 PM