Global Organic Essential Oils Market 2017-2021
About Organic Essential Oils
Essential oil is a concentrated, volatile, aromatic liquid obtained from the fruits, flowers, seeds, bark, leaves roots, stems, or any other parts of a plant. Organic essential oils are derived from plants that are nurtured without the use of any pesticides or other artificial additives. Organic essential oils are derived from plants that are nurtured without the use of any pesticides or other artificial additives. It is believed that organic oils are superior to non-organic counterparts in terms of quality, fragrance, and healing properties.
Technavio’s analysts forecast the global organic essential oils market to grow at a CAGR of 11.37% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global organic essential oils market for 2017-2021. To calculate the market size, the report considers the revenue generated by the sales of organic essential oils through various retail outlets, which include hypermarkets, supermarkets, health and organic stores, independent retailers, discount stores, warehouse clubs, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Organic Essential Oils Market 2017-2021
Technavio recognizes the following companies as the key players in the global organic essential oils market: Eden Botanicals, NHR Organic Oils, Organic Infusions, and Plant Therapy Essential Oils.
Other Prominent Vendors in the market are: Aromantic, Biolandes, Boutique Essential Oils Group (BEOG), Earthoil, EOAS Organics, NOW Foods, Starwest Botanicals, and Sydney Essential Oil.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing demand for air fresheners with organic essential oil as active ingredient. Organic essential oils are increasingly used as an active ingredient in air fresheners or air sprays. For instance, Trevarno Skincare, a UK-based beauty care company, offers air sprays/fresheners such as Cinnamon, Sweet Orange & Nutmeg Room Mist and Jasmine, Rose Geranium & Lemon Verbena Room Mist.”
According to the report, one driver in market is consumer focus shifting toward organic products. Organic products are usually priced higher than regular products. The premium price is due to the comparatively high production and distribution costs. Consumers are also increasingly willing to pay extra for organic products. The extra cost associated with organic production is passed on through the supply chain and is paid by the end consumer. There are high chances that pesticides will accumulate in a concentrated form in the essential oil if it is not derived from organic sources. Organic farming ensures that the end product is free from residual toxins, which results in purer and more effective oils.
Further, the report states that one challenges in market is common side effects associated with essential oils. The global consumption of organic essential oils is affected because of some common side effects associated with their use. For instance, if essential oils are used in pure form, they can cause severe irritation and permanent loss of skin sensation. The over-consumption of essential oils poses the risk of the oil becoming toxic to the body. These oils may also cause spasms for people with lung conditions such as allergies, asthma, or chronic lung diseases. People with skin allergies may have skin irritation due to the oils, especially around the eyes, nose, and mouth. Pregnant women are advised not to use essential oils as some of them may cause uterine contractions. Such contraindications due to the use of certain types of essential oils pose a major challenge to the overall growth of the global organic essential oils market.
Eden Botanicals, NHR Organic Oils, Organic Infusions, Plant Therapy Essential Oils, Aromantic, Biolandes, Boutique Essential Oils Group (BEOG), Earthoil, EOAS Organics, NOW Foods, Starwest Botanicals, and Sydney Essential Oil.