Essential Oils Market Size, Share, Industry Segment by Forecast to 2024
Market Overview Global Essential Oils Market is expected to exhibit a robust 7.5% CAGR over the forecast period from 2019 to 2024, according to the latest research report from Market Research Future (MRFR). The report provides a comprehensive outlook on the global essential oils market’s growth trajectory, including detailed information on the major drivers and restraints affecting the market and the market’s key players. The market is expected to reach a valuation of USD 12.74 billion by 2024, according to MRFR. Essential oils are oils extracted from certain aromatic plans and, as the name suggests, contain the essential chemicals that define the scent of the particular plant. Essential oils are the substance that give the plants their definitive aroma. As a result, essential oils have found widespread demand for flavoring purposes in a range of industries such as food and beverage, cosmetics, aromatherapy, and more. The growing demand for natural flavoring products in the food ...