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%.
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.
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 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.
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.
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.
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.
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.
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