Showing posts with label Aromatherapy Market Overview. Show all posts
Showing posts with label Aromatherapy Market Overview. Show all posts
Aromatherapy Market Is Booming Worldwide| Young Living Essential Oils (US), dōTERRA (US), MOUNTAIN ROSE HERBS (US)

Aromatherapy Market Is Booming Worldwide| Young Living Essential Oils (US), dōTERRA (US), MOUNTAIN ROSE HERBS (US)


The Global Aromatherapy Market research report could be a skilled and in-depth study on this state of Market. The market Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. A detailed study of product image and specifications, revenue, cost, price, gross, capacity and production, company profiles, and contact information is distributed within the analysis of Global Aromatherapy Market business key manufacturer’s section. The report provides key statistics on the market status of international and regional Global Aromatherapy Market and could be a valuable supply of steerage and direction for corporations and people fascinated by the business.

Global Aromatherapy Market is expected to rise from its initial estimated value of USD 5.09 billion in 2018 to an estimated value of USD 9.57 billion by 2026, registering a CAGR of 8.2% in the forecast period of 2019-2026. This rise in market value can be attributed to the growing popularity of aromatherapy.


Few of the major competitors currently working in the aromatherapy market are Young Living Essential Oils (US), dōTERRA (US), MOUNTAIN ROSE HERBS (US), Edens Garden (USA), Frontier Co-op. (Europe), Rocky Mountain Oils, LLC (USA), PLANT THERAPY ESSENTIAL OILS (US), Starwest Botanicals  (US), Hopewell Essential Oils, North American Herb and Spice (USA), Nu Skin (US), Air Aroma (USA), Ryohin Keikaku Co., Ltd. (Japan), ZIJA INTERNATIONAL. ALL (US), G. Baldwin & Co. (UK), Ouwave Aroma Tech (shenzhen) CO. Ltd (China), Ryohin Keikaku Co., Ltd (Japan), Infocom Network Limited (India), ecoplanet (India), artnaturals (USA) and others.

Market Definition: Global Aromatherapy Market

Aromatherapy uses aromatic oils, and other aroma compounds for improving psychological or physical well-being. It is increasingly being used in homes such as relaxation and sleep, mood enhancement, cold and flu relief, and pain relief.
In US There is no certification for aromatherapists. However, there are over 2,000 clinical aromatherapists who prescribe aromatherapy for all kinds of ailments, including acne, fungus, asthma, allergies, and constipation.
Key Developments in the Market:
·         In April 2018, Plant Therapy Essential Oils announced that they have launched an exclusive and limited edition of Mother’s Day set, Dear Mom set. This set includes various products that complete the need of mothers, for relaxing and unwinding.
·         In May 2017, Young Living Essential Oils made non-cash acquisition of Life Matters LLC, a wellness company. Both the companies are based in the direct selling industry and share common goals, culture and mission.

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Market Drivers
·         Growing Trend of Essential Oils Adoption, act as market driver.
·         Increasing Sales of Essential Oils for Home Usage, act as market driver.

Segmentation: Global Aromatherapy Market

By Product Type
·         Consumables
o    Herbaceous
o    Woody
o    Spicy
o    Floral
o    Citrus
o    Earthy
o    Camphoraceous
·         Equipment
o    Ultrasonic diffuser
o    Nebulizing diffuser
o    Evaporative diffuser
o    Heat diffuser
By Mode of delivery
·         Topical Application
·         Direct Inhalation
·         Aerial Diffusion
By Application
·         Relaxation
·         Insomnia
·         Pain Management
·         Scar Management
·         Skin & Hair Care
·         Cold & Cough
By Distribution Channel
·         DTC
·         Retail
·         E-commerce
·         B2B
By End User
·         Home Use
·         Spa & Wellness Centers
·         Hospitals & Clinics
·         Yoga & Meditation Centers
By Geography
·         North America
·         South America
·         Europe
·         Asia-Pacific
·         Middle East and Africa


Competitive Analysis: Global Aromatherapy Market

Global aromatherapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of aromatherapy market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Reasons to Purchase this Report
·         Current and future of global aromatherapy market outlook in the developed and emerging markets
·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period
·         The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:
·         All segmentation provided above in this report is represented at country level
·         All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Table of Contents:

1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL AROMATHERAPY MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCE
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.2. RESTRAINTS
3.3. OPPORTUNITIES
3.4. CHALLENGES
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL AROMATHERAPY MARKET, BY CONSUMABLES
6.1. OVERVIEW
6.2. ESSENTIAL OILS
6.3. CARRIER OILS
6.4. BLENDED OILS
7. GLOBAL AROMATHERAPY MARKET, BY EQUIPMENT
8. GLOBAL AROMATHERAPY MARKET, BY MODE OF DELIVERY
9. GLOBAL AROMATHERAPY MARKET, BY APPLICATION
10. GLOBAL AROMATHERAPY MARKET, BY DISTRIBUTION CHANNEL
11. GLOBAL AROMATHERAPY MARKET, BY END USER
12. GLOBAL AROMATHERAPY MARKET, BY GEOGRAPHY
12.1. OVERVIEW
12.2. NORTH AMERICA
12.3. EUROPE AROMATHERAPY MARKET
12.4. APAC AROMATHERAPY MARKET
12.5. SOUTH AMERICA AROMATHERAPY MARKET
12.6. MIDDLE EAST AND AFRICA AROMATHERAPY MARKET
13. GLOBAL AROMATHERAPY MARKET, COMPANY LANDSCAPE
13.1. COMPANY SHARE ANALYSIS: GLOBAL
14. COMPANY PROFILES
14.1. DOTERRA
14.2. YOUNG LIVING ESSENTIAL OILS
14.3. MOUNTAIN ROSE HERBS
14.4. EDENS GARDEN
14.5. FRONTIER NATURAL PRODUCTS CO-OP
14.6. ROCKY MOUNTAIN OILS,LLC
14.7. PLANT THERAPY ESSENTIALS OILS
14.8. STARWEST BOTANICALS
14.9. HOPEWELL ESSENTIALS OILS
14.10. NORTH AMERICAN HERBS AND SPICE


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"Aromatherapy Market" 2017-2024 Global Research, Analysis and Forecast

The new published report Global Aromatherapy Market is expected to reach USD 8,213.1 million by 2024 from USD 4,352.1 million in 2016, growing at a CAGR of 8.4% in the forecast period 2017 to 2024.

Report Segmentation

Global Aromatherapy Market By Product Type {Consumables (Essential Oils, Blended Oils, Carrier Oils), Equipment (Nebulizing Diffuser, Ultrasonic Diffuser, Evaporative Diffuser, Heat Diffuser)}, By Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), By Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin & Hair Care, Cold & Cough), By Distribution channel (Retail, Online), By End User (Hospitals, Clinics, Beauty Spas), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

This report consists of below pages:

·         No of pages: 350

·         No of Figures: 60

·         No of Tables: 220


Top Company Analysis of Aromatherapy Market:

The Global Aromatherapy Market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Young Living Essentials dominated the aromatherapy market accounting for the highest market share of 22.5% in 2016, followed by doTERRA and MOUNTAIN ROSE HERBS. Other players in this market include Edens Garden, Frontier Natural Products Co-op, Rocky Mountain Oils, LLC, Plant Therapy Essential Oils, Starwest Botanicals, Hopewell Essential Oils, North American Herb and Spice, among other companies.

Young Living Essentials:

Established in 1994 and headquartered in Lehi, Utah, U.S., Young Living Essential Oils specializes in producing and providing pure, powerful essential oils. The company has seven business segments—new and seasonal, essential oils & blends, at home, healthy & fit, personal care, diffusers& accessories, and animal care. The essential oils and blends segment focuses on providing products such as essential oil singles, essential oil blends, roll-ons, massage oils, collections, diffusers & tools, accessories, dietary essential oils. Young Living Essential Oils mission is to honor their stewardship to champion nature’s living energy, essential oils, by fostering a community of healing and discovery while inspiring individuals to wellness, purpose, and abundance.

doTERRA:

Founded in 2008 and headquartered in Pleasant Grove, Utah, U.S., doTERRA is involved in manufacturing and distribution of high quality Certified Pure Therapeutic Grade (CPTG) essential oils. The company operates in two segments essential oils and other products. Essential oils segment focuses on providing single oils, proprietary blends, dōterra on guard products, deep blue products, digestzen products. doTERRA mission is of sharing therapeutic-grade essential oils with the world.
The company has its footprint worldwide with its locations in 17 countries across North America, Latin America, Asia Pacific, Eastern Europe, Middle East and Africa.

Recent Developments:

• In June 2016, doTERRA expanded in Canada with two new distribution centres. The expansion will serve as a client base and bring continual growth and opportunities throughout the world.

• In April 2012, doTERRA expanded itself in Japan. This expansion would act as a growth driver as Taiwan acts as a prime location with highly accessible, executive offices and vibrant product stores.

MOUNTAIN ROSE HERBS:

Founded in 1987 and headquartered in Eugene, Oregon, U.S., MOUNTAIN ROSE HERBS is involved in the manufacture and sales of organic herbs & spices, organic body care products, organic teas, natural health. MOUNTAIN ROSE HERBS operates on following business areas as herbs and spices, teas, aromatherapy, ingredients, health, bath and body, containers, home goods, specials. Aromatherapy segment offers products such as aroma oil blends, aroma sprays, candles, diffusers and burners, essential oils, hydrosols, kits and samples.


Global Aromatherapy Market Drivers:

Some of the major factors driving the market for aromatherapy market, such as growing usage of essential oils, growing adoption of essential oils for home usage, growing disposable income are fuelling the growth of this market.

·         Growing Trend of Essential Oils Adoption

The essential oils are the plant extracts that are used in countless applications such as cleaning, personal care products, pest control products, over the counter medications among others. The essential oils apart from evoking thoughts have various advantages like relaxation, rejuvenation, healing, and other advantages. Apart from their usage for the betterment of health, effective treatment of a wide range of common health issues such as nausea and migraines. They are also used in the food industry due to its various characteristics like preservative potency against food borne pathogens, antimicrobial, antibacterial, and antifungal properties. The usage of aromatherapy as a complementary care is growing owing to characteristics which include promoting healing of the patients and coping with some of the side effects of the cancer.

·         Increasing Sales of Essential Oils for Home Usage

The consumers around the world are shifting towards herbal products for treatment of skin diseases as compared to the synthetic drugs and medicine. The essential oils have advantages such as it is purely natural and does not have side effects when taken under proper guidance. The demand from the consumer perspective for the essential oils is increasing. The people are shifting and looking for ways to use essential oils for relaxation purposes, as people do not want to use pills and over the counter medicine. A research from Iowa-based personal care manufacturer Aura Cacia states that the sales of the essential oils increased by 90% between 2009 and 2012. During the same period, the share of essential oils products for household doubled from 6% to 12%. The demand of essential oils for natural and holistic alternatives for household products, personal care among others is contributing to the growth of the essential oils.

Global Aromatherapy Market Major Players:

Some of the major players operating in this market are:

·         doTERRA,
·         Young Living Essential Oils,
·         MOUNTAIN ROSE HERBS,
·         Edens Garden,
·         Frontier Natural Products Co-op,
·         Rocky Mountain Oils,
·         LLC,
·         Plant Therapy Essential Oils,
·         Starwest Botanicals,
·         Hopewell Essential Oils,
·         North American Herb and Spice,
·         among other companies.

Read more about the Global Aromatherapy Market Visit @: http://databridgemarketresearch.com/reports/global-aromatherapy-market/

Related Report

Europe Aromatherapy Market – Industry Trends and Forecast to 2024

Europe Aromatherapy Market By Product Type {Consumables (Essential Oils, Blended Oils, Carrier Oils), Equipment (Nebulizing Diffuser, Ultrasonic Diffuser, Evaporative Diffuser, Heat Diffuser)}, By Mode of Delivery (Topical Application, Direct Inhalation, Aerial Diffusion), By Application (Relaxation, Insomnia, Pain Management, Scar Management, Skin & Hair Care, Cold & Cough), By Distribution channel (Retail, Online), By End User (Hospitals, Clinics, Beauty Spas), By Country (Germany, France, U.K., Switzerland, Netherlands, Spain, Russia, Turkey, Belgium and rest of Europe) – Industry Trends and Forecast to 2024


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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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