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Recent research: Aromatherapy market growth rate analysis 2017-2024

This report Global Aromatherapy Market 2017 focuses especially in North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa. Report categorizes the market based on manufacturers, regions and type. The Aromatherapy Market report also elaborates various definitions, product type equipment, mode of delivery and applications of the industry.

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The new published report Global Aromatherapy Market is expected to reach USD 8,213.1 million by 2024 from USD 4,352.1 million in 2016, growing at a CAGR of 8.4% in the forecast period 2017 to 2024.

Report Segmentation

Global Aromatherapy Market By Product Type {Consumables (Essential Oils, Blended Oils, Carrier Oils), Equipment (Nebulizing Diffuser, Ultrasonic Diffuser, Evaporative Diffuser, Heat Diffuser)}, By Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), By Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin & Hair Care, Cold & Cough), By Distribution channel (Retail, Online), By End User (Hospitals, Clinics, Beauty Spas), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

This report consists of below pages:

  • No of pages: 350
  • No of Figures: 60
  • No of Tables: 220

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Top Company Analysis of Aromatherapy Market:

The Global Aromatherapy Market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Young Living Essentials dominated the aromatherapy market accounting for the highest market share of 22.5% in 2016, followed by doTERRA and MOUNTAIN ROSE HERBS.

Other players in this market include Edens Garden, Frontier Natural Products Co-op, Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, Starwest Botanicals, Hopewell Essential Oils, North American Herb and Spice, among other companies.

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Young Living Essentials:

Established in 1994 and headquartered in Lehi, Utah, U.S., Young Living Essential Oils specializes in producing and providing pure, powerful essential oils. The company has seven business segments—new and seasonal, essential oils & blends, at home, healthy & fit, personal care, diffusers& accessories, and animal care.

The essential oils and blends segment focuses on providing products such as essential oil singles, essential oil blends, roll-ons, massage oils, collections, diffusers & tools, accessories, dietary essential oils. Young Living Essential Oils mission is to honor their stewardship to champion nature’s living energy, essential oils, by fostering a community of healing and discovery while inspiring individuals to wellness, purpose, and abundance.

doTERRA:

Founded in 2008 and headquartered in Pleasant Grove, Utah, U.S., doTERRA is involved in manufacturing and distribution of high quality Certified Pure Therapeutic Grade (CPTG) essential oils. The company operates in two segments essential oils and other products.

Essential oils segment focuses on providing single oils, proprietary blends, d�.terra on guard products, deep blue products, digestzen products. doTERRA mission is of sharing therapeutic-grade essential oils with the world.

The company has its footprint worldwide with its locations in 17 countries across North America, Latin America, Asia Pacific, Eastern Europe, Middle East and Africa.

Recent Developments:

  • In June 2016, doTERRA expanded in Canada with two new distribution centres. The expansion will serve as a client base and bring continual growth and opportunities throughout the world.
  • In April 2012, doTERRA expanded itself in Japan. This expansion would act as a growth driver as Taiwan acts as a prime location with highly accessible, executive offices and vibrant product stores.

MOUNTAIN ROSE HERBS:

Founded in 1987 and headquartered in Eugene, Oregon, U.S., MOUNTAIN ROSE HERBS is involved in the manufacture and sales of organic herbs & spices, organic body care products, organic teas, natural health. MOUNTAIN ROSE HERBS operates on following business areas as herbs and spices, teas, aromatherapy, ingredients, health, bath and body, containers, home goods, specials.

Aromatherapy segment offers products such as aroma oil blends, aroma sprays, candles, diffusers and burners, essential oils, hydrosols, kits and samples.

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Global Aromatherapy Market Drivers:

Some of the major factors driving the market for aromatherapy market, such as growing usage of essential oils, growing adoption of essential oils for home usage, growing disposable income are fuelling the growth of this market.

  • Growing Trend of Essential Oils Adoption

The essential oils are the plant extracts that are used in countless applications such as cleaning, personal care products, pest control products, over the counter medications among others. The essential oils apart from evoking thoughts have various advantages like relaxation, rejuvenation, healing, and other advantages.

Apart from their usage for the betterment of health, effective treatment of a wide range of common health issues such as nausea and migraines. They are also used in the food industry due to its various characteristics like preservative potency against food borne pathogens, antimicrobial, antibacterial, and antifungal properties.

The usage of aromatherapy as a complementary care is growing owing to characteristics which include promoting healing of the patients and coping with some of the side effects of the cancer.

  • Increasing Sales of Essential Oils for Home Usage

The consumers around the world are shifting towards herbal products for treatment of skin diseases as compared to the synthetic drugs and medicine. The essential oils have advantages such as it is purely natural and does not have side effects when taken under proper guidance.

The demand from the consumer perspective for the essential oils is increasing. The people are shifting and looking for ways to use essential oils for relaxation purposes, as people do not want to use pills and over the counter medicine.

A research from Iowa-based personal care manufacturer Aura Cacia states that the sales of the essential oils increased by 90% between 2009 and 2012. During the same period, the share of essential oils products for household doubled from 6% to 12%.

The demand of essential oils for natural and holistic alternatives for household products, personal care among others is contributing to the growth of the essential oils.

Global Aromatherapy Market Major Players:

Some of the major players operating in this market are:

  • doTERRA,
  • Young Living Essential Oils,
  • MOUNTAIN ROSE HERBS,
  • Edens Garden,
  • Frontier Natural Products Co-op,
  • Rocky Mountain Oils,
  • LLC,
  • Plant Therapy Essential Oils,
  • Starwest Botanicals,
  • Hopewell Essential Oils,
  • North American Herb and Spice,
  • among other companies.

Read more about the Global Aromatherapy Market Visit @: databridgemarketresearch.com/repor…matherapy-market/

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