Aromatherapy Carrier Oil Market to Surpass 40.12 Billion by 2030 Drives Due to Increasing Utilization of Therapeutic Carrier Oils
SkyQuest projects that the aromatherapy carrier oil market will attain a value of USD 40.12 billion by 2030, with a CAGR of 7.9% over the forecast period (2023-2030). The aromatherapy carrier oil market has witnessed significant growth driven by the increasing awareness and utilization of therapeutic carrier oils. Aromatherapy has emerged as a popular alternative to traditional medicinal therapies for treating many conditions. There is a growing appreciation for the healing properties of therapeutic-grade carrier oils as the field of alternative and complementary medicine gains recognition.
Westford USA, Aug. 14, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the healing properties of carrier oils, such as soothing inflammation, promoting relaxation, and enhancing overall well-being, have contributed to their rising adoption. In addition, with a growing understanding of the benefits and efficacy of aromatherapy, the demand for high-quality carrier oils continues to escalate, driving the expansion of the aromatherapy carrier oil market.
Browse in-depth TOC on the “Aromatherapy Carrier Oil Market”
- Pages – 165
- Tables – 63
- Figures – 74
Get a sample copy of this report:
https://www.skyquestt.com/sample-request/aromatherapy-carrier-oil-market
Aromatherapy oil is highly valued for its wide range of physical, emotional, and mental benefits on the human body. This fragrant oil is extensively used in various therapeutic practices to induce relaxation, rejuvenation, and overall well-being in the aromatherapy carrier oil market. In addition, its medicinal properties have found application in addressing numerous medical conditions, including burns, acne, cough, common cold, and stomach issues.
Prominent Players in Aromatherapy Carrier Oil Market
- doTERRA International LLC
- Young Living Essential Oils
- Givaudan SA
- Firmenich SA
- Symrise AG
- International Flavors & Fragrances Inc.
- Robertet Group
- Takasago International Corporation
- Mane SA
- Sensient Technologies Corporation
- Plant Therapy Essential Oils
- Mountain Rose Herbs
- Edens Garden
- Aura Cacia
- NOW Foods
- Rocky Mountain Oils
- Biolandes SAS
- Essential Oils of New Zealand
- Farotti Essenze Srl
Browse summary of the report and Complete Table of Contents (ToC):
https://www.skyquestt.com/report/aromatherapy-carrier-oil-market
Cosmetics Segment is Expected to Dominate the Market Due to the Increasing Prevalence of Various Skin Conditions
Cosmetics segment emerged as the leading application for aromatherapy carrier oils, accounting for the highest share of the aromatherapy carrier oil market. The increasing prevalence of various skin conditions has contributed to the growing demand for these oils in cosmetic formulations. Carrier oils play a vital role in cosmetics for skin care and hair care purposes, including scar management, hair strengthening, dandruff control, and itching relief.
The markets in North America have maintained their dominant position in the aromatherapy carrier oil market. This achievement can be attributed to the significant growth in awareness about the benefits of alternative medicines in the region. In addition, as consumers become increasingly interested in holistic approaches to healthcare, the demand for aromatherapy and its associated carrier oils has surged.
Medical Segment is Expected to Grow the Market Due to the Perceived Effectiveness of Aromatherapy Products
The medical sector has maintained a substantial market share in the aromatherapy carrier oil market, primarily owing to the perceived effectiveness of aromatherapy products in addressing chronic pain. They are widely utilized for medical purposes while there is currently no scientific evidence to substantiate the healing capabilities of these products.
Regional markets in the Asia Pacific are expected to experience a prominent growth rate in the aromatherapy carrier oil market during the forecast period. This can be attributed to several factors, including the increasing awareness of aromatherapy’s benefits and the rising incidence of skin disorders in the region.
A comprehensive analysis of the major players in the aromatherapy carrier oil market has been recently conducted in a report. The report encompasses various aspects, including collaborations, mergers, innovative business policies, and strategies, providing valuable insights into key trends and breakthroughs in the market. Furthermore, the report scrutinizes the market share of the top segments and presents a detailed geographic analysis. Lastly, the report highlights the major players in the industry and their endeavours to develop innovative solutions to cater to the growing demand.
Key Developments in Aromatherapy Carrier Oil Market
- Calm – Salon and Spa debuted at Novotel Visakhapatnam, India, presenting a serene and holistic sanctuary for wellness services and salon experiences in 2022. The spa offers clients a tranquil environment with a captivating sea view with its beautifully designed space. Guests can indulge in various rejuvenating treatments and self-care rituals, including signature body therapies such as vinotherapy, aromatherapy, Balinese massage, and Thai massage.
- Blossom Kochhar Aroma Magic introduced novel products in 2022 to promote skin, body, hair, and mental health and well-being. Enriched with the virtues of essential oils derived from aromatherapy, these products offer a natural and holistic approach to personal care. Blossom Kochhar Aroma Magic’s range includes items catering to various needs, providing nourishment, rejuvenation, and enhancement.
Speak to Analyst for your custom requirements:
https://www.skyquestt.com/speak-with-analyst/aromatherapy-carrier-oil-market
Key Questions Answered in Aromatherapy Carrier Oil Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- List the top companies in the market and explain how they have achieved their positions of influence.
- In what ways do regional trends and patterns differ within the global market, and how these differences shape the market’s future growth?
Related Reports in SkyQuest’s Library:
Global Colour Cosmetics Market
Global Personal Hygiene Market
Global Cosmetic Skin Care Market
Global Aesthetic Lasers and Energy Devices Market
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com
