#EssentialOils 𝐃𝐞𝐦𝐚𝐧𝐝 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 𝐚 𝐌𝐚𝐣𝐨𝐫 𝐔𝐩𝐭𝐮𝐫𝐧 𝐃𝐮𝐞 𝐭𝐨 𝐃𝐞𝐦𝐚𝐧𝐝 𝐅𝐫𝐨𝐦 𝐍𝐞𝐰 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬

𝐆𝐞𝐭 𝐏𝐃𝐅📚 𝐂𝐨𝐩𝐲: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=119674487

Essential oils are identified for their health benefits, as they are natural ingredients that impart the essence of the source they have been derived from. The largest market segment for essential oils is food and beverage, as consumers are becoming increasingly aware of the health benefits of essential oils.

The #food and #beverage industries use essential oils mostly for their color, flavor, and fragrance in the end products; commonly used essential oils used by food and beverage manufacturers include orange oil, lemon oil, cardamom essential oil, peppermint oil, and lime oil. Lemon’s essential oil is widely used in the food and beverage industry as a flavoring agent, such as in fruit juices, jams, and bakery products.

Essential oil demand is growing especially as a non-pharmaceutical alternative to traditional sleeping aids. Clinical trials have established the role of essential oils in relieving stress and alleviating anxiety.

The market is growing due to its wide application and increased awareness among consumers globally. Essential oils are being used in new domains as they have various health benefits and less known side effects.

𝐓𝐡𝐞 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧 𝐫𝐞𝐠𝐢𝐨𝐧 𝐝𝐨𝐦𝐢𝐧𝐚𝐭𝐞𝐬 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭, owing to the growing trends of having a healthy lifestyle and consumers being more aware of the ingredients being used in their products.

Furthermore, growing applications of essential oils have increased the R&D and new product innovations which are expected to drive the global market in the forecasted period.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

Cargill, Incorporated (US), DSM (Netherlands), Givaudan (Switzerland), International Flavors & Fragrances Inc. (US), Sensient Technologies Corporation (US), Symrise (Germany), Robertet SA (France), MANE (France), doTERRA (US), NOW Foods (US), Lebermuth, Inc. (US), BIOLANDES (France), Norex Flavours Private Limited (India) and India Essential Oils (India).