Global Essential Oils Category - Procurement Market Intelligence Report
About Essential Oils Market
One of the key growth contributors for global essential oils supply market is the increasing adoption of the use of essential oils in the perfume, food, and pharmaceutical industries due to their therapeutic, antimicrobial, antioxidant, and biological properties. Moreover, the prominent biological properties exhibited by essential oils are anticancer, antifungal, anti-inflammatory, antioxidant, and antibacterial.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Essential Oils Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Essential Oils Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global Essential Oils Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Essential Oils Category - Procurement Market Intelligence Report: doTERRA, Young Living, Biolandes, Sydney Essential Oil, and Lebermuth.
Commenting on the report, an analyst from SpendEdge said: “Buyers should ensure that they engage with suppliers that work directly with independent farmers and distillers as this will provide them visibility into the production capacity and help in knowing about the effectiveness of production and weather conditions.”
According to the report, one of the key growth contributors for global essential oils supply market is the increasing adoption of the use of essential oils in the perfume, food, and pharmaceutical industries due to their therapeutic, antimicrobial, antioxidant, and biological properties.
Further, the report states that a major procurement pain point experienced by the buyers is the difficulty in differentiating high-quality oils from sub-standard/adulterated oils.
Companies Mentioned
doTERRA, Young Living, Biolandes, Sydney Essential Oil, and Lebermuth.
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