Herb Oil Market Overview

The report is titled ‘Herb Oil Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the herb oil market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The herb oil market is expected to grow at a significant rate in the near future.

The global herb oil market in 2020 is estimated for more than US$ 2,622.4 Mn and expected to reach a value of US$ 3,784.5 Mn by 2028 with a significant CAGR of 4.5%.

Herb Oil Market Definition

The chemical formulated medications are have both positive and negative effects on the human body. As a result, many humans have been tested positive for such chemical compounds. As an alternative to such a fast yet toxic medication, the herb oils are gaining popularity in this scenario. The switch of chemical-based treatment to organic and botanical-based treatment is driving the herb oil market, globally. The herb oils may be referred to as the viscous concentration of natural compounds that are being extracted from the barks, leaves, seeds, etc.

Herb Oil Market Dynamics

Increasing natural and organic solutions, shifting of active lifestyles coupled with the minimal to no side effects is driving this market. However, the growing applications of herb oils in skin therapy, spa, and relaxation along with the processing/preparation of food products is also laying a positive effect on this market. basil herb oil dominates the product type segment, owing to its health benefitting properties, as it treats asthma, infections aids the reduction of stress, improves blood circulations, relieves cold, and numerous others benefits.

Herb Oil Market Key Players

Herb oil market is mainly dominated by Biolandes SAS, China Flavors & Fragrances Co. Ltd., Citrus and Allied Essences Ltd., doTERRA International, LLC, Enio Bonchev Production Ltd., Givaudan SA, International Flavors & Fragrances Inc., Symrise AG, The Lebermuth Co., Inc., and Young Living Essential Oils LC.

Herb Oil Market Segmentation

The global herb oil market is segmented on the basis of product type, application, sales channel, extraction method, and region.

On the basis of product type, the global herb oil market can be segmented into basil, mint, thyme, dill, and others. On the basis of application, the global herb oil market can be segmented into personal care & cosmetic, food & beverage, pharmaceutical, aromatherapy, industrial, and others. On the basis of the sales channel, the global herb oil market can be segmented into specialty stores, modern trade, drug stores, online stores, and other sales channels. On the basis of the extraction method, the global herb oil market can be segmented into distillation, solvent extraction, cold pressing, and other.

Herb Oil Market Dynamics

The global herb oil market is expected to increase at a significant CAGR over the forecast period owing to the numerous health benefits, easy availability, and ease of applications. Basil oil, followed by mint herb oil, dominates the product type segment of this market. Whereas the pharmaceutical segment and distillation segment dominates this market in the application and extraction method segment, respectively.

Herb Oil Market Regional Overview & Analysis

On the basis of region, the global herb oil market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific herb oil market is expected to be the most dominating market throughout the forecast period. Availability of key players and increasing application of herb oils in both religious and healthcare use in this region are some of the revenue-boosting factors.

MMC Overview on Herb Oil Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Herb Oil market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Herb Oil

•    Advantage of Herb Oil 

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Herb Oil Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Herb Oil Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Herb Oil Market Snapshot

2.4.    Global Herb Oil Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Herb Oil Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Herb Oil Market, By Product Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Product Type

3.1.2.    BPS Analysis, By Product Type

3.2.    Market Revenue (US$Mn) Forecast, By Product Type

3.2.1.    Basil

3.2.2.    Mint

3.2.3.    Thyme

3.2.4.    Dill

3.2.5.    Others

3.3.    Global Herb Oil Market Attractiveness Index, By Product Type

4.    Global Herb Oil Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) Forecast, By Application

4.2.1.    Personal Care & Cosmetic

4.2.2.    Food & Beverage

4.2.3.    Pharmaceutical

4.2.4.    Aromatherapy

4.2.5.    Industrial

4.2.6.    Others

4.3.    Global Herb Oil Market Attractiveness Index, By Application

5.    Global Herb Oil Market, By Sales Channel

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Sales Channel

5.1.2.    BPS Analysis, By Sales Channel

5.2.    Market Revenue (US$Mn) Forecast, By Sales Channel

5.2.1.    Speciality Store

5.2.2.    Modern Trade

5.2.3.    Drug Stores

5.2.4.    Online Store

5.2.5.    Other Sales Channel

5.3.    Global Herb Oil Market Attractiveness Index, By Sales Channel

6.    Global Herb Oil Market, By Extraction Method

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Extraction Method

6.1.2.    BPS Analysis, By Extraction Method

6.2.    Market Revenue (US$Mn) Forecast, By Extraction Method

6.2.1.    Distillation

6.2.2.    Solvent Extraction

6.2.3.    Cold Pressing

6.2.4.    Other

6.3.    Global Herb Oil Market Attractiveness Index, By Extraction Method

7.    Global Herb Oil Market, By Region

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Region

7.1.2.    BPS Analysis, By Region

7.2.    Market Revenue (US$Mn) Forecast, By Region

7.2.1.    North America

7.2.2.    Latin America

7.2.3.    Europe

7.2.4.    Asia Pacific

7.2.5.    Middle East 

7.2.6.    Africa

7.3.    Global Herb Oil Market Attractiveness Index, By Region

8.    North America Herb Oil Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market Revenue (US$Mn) Forecast, By Country

8.2.1.    U.S. Herb Oil Market

8.2.2.    Canada Herb Oil Market

8.3.    North America Herb Oil Market, By Product Type

8.3.1.    Basil

8.3.2.    Mint

8.3.3.    Thyme

8.3.4.    Dill

8.3.5.    Others

8.4.    North America Herb Oil Market, By Application

8.4.1.    Personal Care & Cosmetic

8.4.2.    Food & Beverage

8.4.3.    Pharmaceutical

8.4.4.    Aromatherapy

8.4.5.    Industrial

8.4.6.    Others

8.5.    North America Herb Oil Market, By Sales Channel

8.5.1.    Speciality Store

8.5.2.    Modern Trade

8.5.3.    Drug Stores

8.5.4.    Online Store

8.5.5.    Other Sales Channel

8.6.    North America Herb Oil Market, By Extraction Method

8.6.1.    Distillation

8.6.2.    Solvent Extraction

8.6.3.    Cold Pressing

8.6.4.    Other

8.7.    North America Herb Oil Market Attractiveness Index

8.7.1.    By Country

8.7.2.    By Product Type

8.7.3.    By Application

8.7.4.    By Sales Channel

8.7.5.    By Extraction Method

9.    Latin America Herb Oil Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    Brazil Herb Oil Market

9.2.2.    Mexico Herb Oil Market

9.2.3.    Argentina Herb Oil Market

9.2.4.    Rest Of Latin America Herb Oil Market

9.3.    Latin America Herb Oil Market, By Product Type

9.3.1.    Basil

9.3.2.    Mint

9.3.3.    Thyme

9.3.4.    Dill

9.3.5.    Others

9.4.    Latin America Herb Oil Market, By Application

9.4.1.    Personal Care & Cosmetic

9.4.2.    Food & Beverage

9.4.3.    Pharmaceutical

9.4.4.    Aromatherapy

9.4.5.    Industrial

9.4.6.    Others

9.5.    Latin America Herb Oil Market, By Sales Channel

9.5.1.    Speciality Store

9.5.2.    Modern Trade

9.5.3.    Drug Stores

9.5.4.    Online Store

9.5.5.    Other Sales Channel

9.6.    Latin America Herb Oil Market, By Extraction Method

9.6.1.    Distillation

9.6.2.    Solvent Extraction

9.6.3.    Cold Pressing

9.6.4.    Other

9.7.    Latin America Herb Oil Market Attractiveness Index

9.7.1.    By Country

9.7.2.    By Product Type

9.7.3.    By Application

9.7.4.    By Sales Channel

9.7.5.    By Extraction Method

10.    Europe Herb Oil Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    U.K. Herb Oil Market

10.2.2.    Germany Herb Oil Market

10.2.3.    Italy Herb Oil Market

10.2.4.    France Herb Oil Market

10.2.5.    Spain Herb Oil Market

10.2.6.    Russia Herb Oil Market

10.2.7.    Poland Herb Oil Market

10.2.8.    BENELUX Herb Oil Market

10.2.9.    NORDIC Herb Oil Market

10.2.10.    Rest of Europe Herb Oil Market

10.3.    Europe Herb Oil Market, By Product Type

10.3.1.    Basil

10.3.2.    Mint

10.3.3.    Thyme

10.3.4.    Dill

10.3.5.    Others

10.4.    Europe Herb Oil Market, By Application

10.4.1.    Personal Care & Cosmetic

10.4.2.    Food & Beverage

10.4.3.    Pharmaceutical

10.4.4.    Aromatherapy

10.4.5.    Industrial

10.4.6.    Others

10.5.    Europe Herb Oil Market, By Sales Channel

10.5.1.    Speciality Store

10.5.2.    Modern Trade

10.5.3.    Drug Stores

10.5.4.    Online Store

10.5.5.    Other Sales Channel

10.6.    Europe Herb Oil Market, By Extraction Method

10.6.1.    Distillation

10.6.2.    Solvent Extraction

10.6.3.    Cold Pressing

10.6.4.    Other

10.7.    Europe Herb Oil Market Attractiveness Index

10.7.1.    By Country

10.7.2.    By Product Type

10.7.3.    By Application

10.7.4.    By Sales Channel

10.7.5.    By Extraction Method

11.    Asia Pacific Herb Oil Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    China Herb Oil Market

11.2.2.    India Herb Oil Market

11.2.3.    Japan Herb Oil Market

11.2.4.    Australia And New Zealand Herb Oil Market

11.2.5.    South Korea Herb Oil Market

11.2.6.    ASEAN Herb Oil Market

11.2.7.    Rest of Asia Pacific Herb Oil Market

11.3.    Asia Pacific Herb Oil Market, By Product Type

11.3.1.    Basil

11.3.2.    Mint

11.3.3.    Thyme

11.3.4.    Dill

11.3.5.    Others

11.4.    Asia Pacific Herb Oil Market, By Application

11.4.1.    Personal Care & Cosmetic

11.4.2.    Food & Beverage

11.4.3.    Pharmaceutical

11.4.4.    Aromatherapy

11.4.5.    Industrial

11.4.6.    Others

11.5.    Asia Pacific Herb Oil Market, By Sales Channel

11.5.1.    Speciality Store

11.5.2.    Modern Trade

11.5.3.    Drug Stores

11.5.4.    Online Store

11.5.5.    Other Sales Channel

11.6.    Asia Pacific Herb Oil Market, By Extraction Method

11.6.1.    Distillation

11.6.2.    Solvent Extraction

11.6.3.    Cold Pressing

11.6.4.    Other

11.7.    Asia Pacific Herb Oil Market Attractiveness Index

11.7.1.    By Country

11.7.2.    By Product Type

11.7.3.    By Application

11.7.4.    By Sales Channel

11.7.5.    By Extraction Method

12.    Middle East Herb Oil Market, By Region

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    GCC Countries Herb Oil Market

12.2.2.    Israel Herb Oil Market

12.2.3.    Oman Herb Oil Market

12.2.4.    Rest Of Middle East Herb Oil Market

12.3.    Middle East Herb Oil Market, By Product Type

12.3.1.    Basil

12.3.2.    Mint

12.3.3.    Thyme

12.3.4.    Dill

12.3.5.    Others

12.4.    Middle East Herb Oil Market, By Application

12.4.1.    Personal Care & Cosmetic

12.4.2.    Food & Beverage

12.4.3.    Pharmaceutical

12.4.4.    Aromatherapy

12.4.5.    Industrial

12.4.6.    Others

12.5.    Middle East Herb Oil Market, By Sales Channel

12.5.1.    Speciality Store

12.5.2.    Modern Trade

12.5.3.    Drug Stores

12.5.4.    Online Store

12.5.5.    Other Sales Channel

12.6.    Middle East Herb Oil Market, By Extraction Method

12.6.1.    Distillation

12.6.2.    Solvent Extraction

12.6.3.    Cold Pressing

12.6.4.    Other

12.7.    Middle East Herb Oil Market Attractiveness Index

12.7.1.    By Country

12.7.2.    By Product Type

12.7.3.    By Application

12.7.4.    By Sales Channel

12.7.5.    By Extraction Method

13.    Africa Herb Oil Market, By Region

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    South Africa Herb Oil Market

13.2.2.    Egypt Herb Oil Market

13.2.3.    North Africa Herb Oil Market

13.2.4.    Rest Of Africa Herb Oil Market

13.3.    Africa Herb Oil Market, By Product Type

13.3.1.    Basil

13.3.2.    Mint

13.3.3.    Thyme

13.3.4.    Dill

13.3.5.    Others

13.4.    Africa Herb Oil Market, By Application

13.4.1.    Personal Care & Cosmetic

13.4.2.    Food & Beverage

13.4.3.    Pharmaceutical

13.4.4.    Aromatherapy

13.4.5.    Industrial

13.4.6.    Others

13.5.    Africa Herb Oil Market, By Sales Channel

13.5.1.    Speciality Store

13.5.2.    Modern Trade

13.5.3.    Drug Stores

13.5.4.    Online Store

13.5.5.    Other Sales Channel

13.6.    Africa Herb Oil Market, By Extraction Method

13.6.1.    Distillation

13.6.2.    Solvent Extraction

13.6.3.    Cold Pressing

13.6.4.    Other

13.7.    Africa Herb Oil Market Attractiveness Index

13.7.1.    By Country

13.7.2.    By Product Type

13.7.3.    By Application

13.7.4.    By Sales Channel

13.7.5.    By Extraction Method

14.    Recommendation

14.1.    Market Strategy

15.    Competitive Landscape

15.1.    Competition Dashboard

15.2.    List and Company Overview of Global Key Players

15.3.    Company Profiles

15.3.1.    Biolandes SAS

15.3.1.1.    Company Overview

15.3.1.2.    Financial Overview

15.3.1.3.    Product Portfolio

15.3.1.4.    Key Developments

15.3.1.5.    Business Strategies

15.3.2.    China Flavors & Fragrances Co. Ltd.

15.3.3.    Citrus and Allied Essences Ltd. 

15.3.4.    doTERRA International, LLC 

15.3.5.    Enio Bonchev Production Ltd.

15.3.6.    Givaudan SA

15.3.7.    International Flavors & Fragrances Inc., 

15.3.8.    Symrise AG

15.3.9.    The Lebermuth Co., Inc. 

15.3.10.    Young Living Essential Oils LC

16.    Acronyms