Skip to main content

Posts

Showing posts with the label Essential Oils Market Trend

Essential Oils Market Trend Outlook and Global Foresight to 2024

Increasing awareness as well as willingness to buy organic and natural products is expected to force market participants to employ essential oils in the production process. The shift of focus from synthetic to natural products is likely to trigger market growth over the forecast period. The Global Essential Oil Market is expected to reach USD 13.94 billion by 2024, according to a new report by Grand View Research, Inc.   Increasing demand for flavors & fragrances from various applications including personal care, home care, food & beverages, aromatherapy, etc. has prompted the essential oils demand as these oils are used as key ingredients in fragrances and flavors. Numerous other advantageous product properties such as antiseptic, aphrodisiac, anti-inflammatory, antidepressant, antispasmodic, diuretic, and tonic are expected to boost essential oil demand in industrial, medicinal, and domestic applications. To Know More About Essential Oils Market Please Visit Us @...