Essential Oil Market - Booming Food and Beverages Industry to Inflate Sales of Essential Oil; Says TMR - Seite 2

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Lack of Awareness Could Restrain Growth Opportunities

Despite several driving factors, growth in the global essential oil market may suffer in the near future. High prices of essential oils and lack of awareness among consumers regarding their key benefits prime factors hampering growth in the global essential oil market.

Nonetheless, key manufacturers are working to increase the awareness of essential oils in various natural therapies and home remedies through rigorous advertisement. This could improve growth prospects for the market in the forthcoming years. Furthermore, introduction of novel techniques for manufacturing of essential oil is predicted to create lucrative growth prospects for the essential oil market in the forecast.

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This review is based on a TMR report, titled "Essential Oil Market (Product Type - Spice Oil, Spice Seed Oil, Citrus Oil, Herb Oil, and Perfumery Oil; Extraction Method – Distillation, Solvent, and Cold Pressing; Application - Personal care and cosmetic, Food and beverage, Pharmaceuticals, Aromatherapy, and Industrial; Sales Channel - Specialty store, Modern Trade, Drug Stores, and Online Store) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022."

The report segments the global essential oil market as:

Product

• Spice Oil
• Spice Seed Oil
• Citrus Oil
• Herb Oil
• Perfumery Oil

Extraction Method

• Distillation
• Solvent Extraction
• Cold Pressing

Application

• Personal Care and Cosmetic
• Food and Beverage
• Pharmaceutical
• Aromatherapy
• Industrial

Sales Channel

• Specialty Store
• Modern Trade
• Drug Store
• Online Store

Region

• North America

o    U.S

o    Canada

• Latin America

o    Brazil

o    Mexico

o    Argentina

• Europe

o    Germany

o    U.K

o    France

o    Spain

o    Italy

o    Nordic

• Japan
• Asia Pacific Excluding Japan (APEJ)

o    China