Aromatherapy Market Research Report Information By Product (Essential Oil, Carrier Oils And Blended Oils), Equipment (Nebulizer Diffuser, Ultrasonic Diffuser, Heat Diffuser), By Application (Tropical, Inhalation, Aerial Diffusion), Therapeutic Application (Relaxation And Sleep, Pain Management, Skin And Hair Care And Other Remedies), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030

Global Aromatherapy Market Overview

Aromatherapy Market Size was valued at USD 4.9 billion in 2021. The Aromatherapy Market industry is projected to grow from USD 5.3 Billion in 2022 to USD 10.5 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.10% during the forecast period (2022 - 2030). The non-intrusive character of aromatherapy and the widespread use of aromatherapy are the key market drivers enhancing the market growth.Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Aromatherapy Market Trends

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  Rising public interest in the health benefits of essential oils is driving market growth

  
  

The aromatherapy industry is predicted to expand dramatically as people become more aware of the therapeutic properties of essential oils like lavender oil, cedarwood oil, Roman chamomile oil, rose oil, and hyssop oil. These essential oils are widely utilized in aromatherapy, and increased consumer awareness of the health advantages of essential oils in aromatherapy is propelling the worldwide aromatherapy industry forward. Aside from the health benefits of essential oils, customers' preferences are evolving toward natural products, which is increasing demand for aromatherapy around the world. Furthermore, aromatherapy is recognized as a replacement therapy for the treatment of a variety of conditions, including cardiovascular disease, pain, cough and cold, respiratory disorders, wounds, anxiety, sleeplessness, digestion troubles, immune system malfunction, and skin problems. The growing demand for aromatherapy among women due to skin issues such as acne and scars is likely to drive market expansion in the future years.

Additionally, the prevalence of other chronic diseases is rising quickly among the general population. Due to the high expense of healthcare, people are turning to preventative care and alternative healthcare options. Due to the numerous therapeutic and health benefits connected to aromatherapy, its use is being accelerated by the growing need for preventative care products.

A further factor driving the market's expansion is the increasing penetration and adoption of essential oils among consumers as a result of their numerous advantages and increased use in aromatherapy. The demand for aromatherapy among millennials is significantly increasing, especially among men and women. Another significant reason driving the surge in demand for aromatherapy is the rising popularity of wellness travel. The wellness tourism sector is expanding rapidly, and this trend is anticipated to continue in the near future. This is due to factors such as changing lifestyles, stressful work schedules, and the increased prevalence of various physical and mental ailments.

Aromatherapy Market Segment Insights

Aromatherapy Product Insights

The Aromatherapy Market segmentation, based on product type, includes essential oil, carrier oils and blended oils and others. The sector for essential oils contributed the most to the market during the anticipated period. The leaves, stems, blossoms, bark, roots, or other components of a plant are the source of essential oils, which are sometimes referred to as volatile oils, aetherolea, or ethereal oils. Essential oil is a natural, organic oil that has a number of advantages for both mental and physical health. Additionally, it possesses anti-inflammatory and antibacterial qualities that are helpful for skin issues like acne and are also used to treat sleeplessness. As a result, during the projection period, it is anticipated that the usage of essential oils in aromatherapy will expand and that more people will be aware of the benefits of these oils for reducing pain and promoting relaxation. “

Aromatherapy Equipment Insights

The Aromatherapy Market segmentation, based on equipment, includes nebulizer diffuser, ultrasonic diffuser, heat diffuser. The market segment for nebulizing diffusers provided the greatest proportion to the market during the predicted period. Moreover, Essential oils can be diffused without heat or water using nebulizing diffusers, often known as cold air diffusers. These diffusers have parts like a bulb, base, and nebulizer that help the oil disperse through compressed air. Nebulizing diffusers offer quick dispersion and are great at diffusing essential oils, but they are useless when it comes to heavier oils.

Aromatherapy Application Insights

The aromatherapy market data has been bifurcated by application into tropical, inhalation, aerial diffusion. The market's highest share over the expected period came from the aerial diffusion sector. As demand for aromatherapy diffusers rises, airborne diffusion is becoming more popular. Aerial diffusion can be accomplished using a variety of techniques, including as steam diffusion, candle diffusion, heat diffusion, evaporative diffusion, and nebulizing diffusion.

Aromatherapy Therapeutic Application Insights

Based on therapeutic application, the aromatherapy industry has been segmented into relaxation and sleep, pain management, skin and hair care and other remedies. The market's largest contribution during the predicted period was the pain management category. Certain odors activate smell receptors in the nose, which causes a reaction in the nervous system, according to Julie Chen, MD, an integrative medicine specialist in San Jose, California. The brain's emotional control center is subsequently stimulated, causing the production of feel-good neurotransmitters like dopamine. As a result, the pain management market is anticipated to see an increase in demand for aromatherapy products due to the rising incidence of musculoskeletal ailments such arthritis, osteoarthritis, orthopedic degenerative disorders, and rheumatoid arthritis.

Figure 2:  Aromatherapy Market, by application, 2021 & 2030 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Aromatherapy Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. In North America, there is a rising prevalence of various physical and mental illnesses, which has increased demand for aromatherapy. Additionally, the cost of healthcare in North America is extremely exorbitant, which is why many are turning to natural remedies and preventive care instead of pharmaceuticals.

Further, the major countries studiedin the market reportare: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: AROMATHERAPY MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Aromatherapy Market accounts for the second-largest market share. With a high frequency of chronic pain and depression, there is a significant demand for aromatherapy oils in European Population. Further, the Germany Aromatherapy Market held the largest market share, and the UK Aromatherapy Market was the fastest growing market in the European region

The Asia-Pacific Aromatherapy Market is expected to grow at the fastest CAGR from 2022 to 2030. Due to increasing demand for natural products. Furthermore, rising disposable income in these regions, along with a burgeoning health and wellness industry, is likely to generate attractive potential for market expansion. Moreover, China Aromatherapy Market held the largest market share, and the India Aromatherapy Market was the fastest growing market in the Asia-Pacific region

For instance, India Aromatherapy Market is the favored destination for medical travelers due to the availability of surgeons, cutting-edge technology, & cost-effective treatments. On the other hand, Singapore is famous for the presence of well-trained doctors, state-of-the-art facilities, and quality care. As per the data cited in the Medical Tourism Index 2021-21 published by Medical Tourism Association in July 2021, Singapore is ranked at 2nd position, Japan at 3rd, India at 10th, South Korea at 14th, and China at 33rd out of the top 46 international healthcare destinations. Hence, Asia-Pacific is anticipated to register the highest growth rate over the forecast period from 2022–2030.

Aromatherapy Key Market Players& Competitive Insights

Major industry players are investing a lot of money in R&D to expand their product offerings, which will spur further growth in the aromatherapy market. With significant market developments like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking a variety of strategic activities to expand their presence. In order to grow and thrive in an atmosphere where competition is fierce and the market is growing, competitors in the aromatherapy industry must provide products that are affordable.

Manufacturing locally to cut operational costs is one of the main business tactics used by manufacturers in the aromatherapy industry to benefit customers and increase the market sector. The aromatherapy industry has recently given medicine some of the most important advantages. Major players in the aromatherapy market include Neal's Yard Remedies, International Flavors & Fragrances Inc, Nu Skin, Air Aroma, Muji, dTERRA, NOW Foods, Tree of Life, Young Living, Zija International, and others.

An American company called International Tastes & Perfumes manufactures flavors, fragrances, and cosmetic ingredients that are sold throughout the world. Its headquarters are in New York City, and it has production, sales, and creative sites spread over 44 nations. The business is a constituent of the S&P 500 Index. In Octobar 2022 International Flavors & Fragrances Inc. announced the launch of its new Singapore Innovation Center, the newest facility to join the organization’s network of research, creative, and application centers. This facility will bring together the technologies, capacities, and knowledge of all four business divisions: Nourish, Health & Biosciences, Scent, and Pharma Solutions. It is the largest IFF facility in the area, measuring more than 11,000 square meters.

Young Living, established in Lehi, Utah, is a multi-level marketing organization. Donald Gary Young founded it in 1993 and distributes essential oils and other related products. In September 2022, Young Living, the leader in essential oils and essential oil-infused products, received 17 essential di broduction patents in usefulness and design from the US Patent and Trademark Office, more than any other direct sales firm in the world.

Key Companies in the Aromatherapy Market includes

• Nu Skin


• Air Aroma


• Muji


• Tree of Life


• Young Living


• Zija International


• dōTERRA


• NOW Foods


• Neal’s Yard Remedies and others.

Aromatherapy Industry Developments

In April 2022, Edens Garden released two brand-new aromatherapy diffusers to its assortment: the Aromaride Car Diffuser and the Ceramic Stone Diffuser. A portable diffuser fitted to a car's air vents is called the Aromaride Car Diffuser. A hanging diffuser that diffuses essential oils into the air without the need of heat or water is the Ceramic Stone Diffuser, which is porous by nature.

In July 2022, doTERRA is rapidly expanding into India. Because doTERRA's essential oils are sourced from India, Asia, the Pacific, the Middle East, and Africa, establishing a presence in India makes strategic sense for the company’s expansion.

In February 2022. Givaudan acquired Myrissi (France). Givaudan's long-term Fragrance & Beauty strategy would be enabled by the acquisition of Myrissi; their expertise in Al would assist Givaudan in proposing new organoleptic approaches to consumers.

Aromatherapy Market Segmentation

Aromatherapy Product Outlook

• Essential Oils


• Carrier Oils


• blended oils

Aromatherapy Equipment Outlook

• Nebulizer Diffuser


• Ultrasonic Diffuser


• Heat Diffuser

Aromatherapy Application Outlook

• Tropical


• Inhalation


• Aerial Diffusion

Aromatherapy Therapeutic application Outlook

• Relaxation and Sleep


• Pain Management


• Skin and Hair Care


• Other remedies

Aromatherapy Regional Outlook

• North America


• US


• Canada


• Europe


• Germany


• France


• UK


• Italy


• Spain


• Rest of Europe


• Asia-Pacific


• China


• Japan


• India


• Australia


• South Korea


• Australia


• Rest of Asia-Pacific


• Rest of the World


• Middle East


• Africa


• Latin America