UK Essential Oils Industry to Grow at a CAGR 9.7% from 2022 to 2027

The global essential oils market is projected grow from USD 8.8 billion in 2022 growing at a CAGR of 11.8% to reach USD 15.3 billion by 2027. The data highlights the growth potential of the essential oil industry over the next few years.

(EMAILWIRE.COM, July 19, 2023 ) According to a research report "UK Essential Oils Market by Product Type, Application (Food & beverages, Cosmetics & Toiletries, Aromatherapy, Home Care, and Health Care), Source (Fruits & Vegetables, Herbs & Spices, Flowers), Method of Extraction and Region - Global Forecast to 2027", published by MarketsandMarkets, UK Essential Oils Market to Grow at a CAGR 9.7% from 2022 to 2027.

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Increasing awareness of aromatherapy and its therapeutic benefits to stimulate growth

The surging awareness of aromatherapy and the associated health and well-being benefits have propelled a robust demand for essential oils in the UK market. Consumers are actively seeking these oils to integrate into their daily routines and wellness practices, leading to a notable expansion in the essential oils market. As aromatherapy gains recognition as an integral part of holistic wellness approaches, the demand for essential oils continues to surge, consequently fueling the market growth.

This escalating awareness has fostered collaborative efforts between essential oil manufacturers, wellness centers, and healthcare professionals. These collaborations have proven instrumental in promoting the benefits of essential oils, educating consumers, and creating an environment that nurtures the flourishing essential oils market. The integration of essential oils into hair care formulations taps into their potential for promoting healthy hair and scalp. Natural perfumes infused with essential oils cater to consumers seeking alternative fragrance options that are free from synthetic chemicals. Essential oils used in household cleaning products offer a natural and eco-friendly alternative to conventional cleaning agents. The expansion of applications not only fuels demand for essential oils but also broadens the market reach. It attracts consumers from various industries and segments that may have different needs and preferences. This diversification helps to sustain market growth and provides opportunities for essential oil manufacturers to cater to a wider customer base.

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