essential oils market

  The food and beverage industry is gradually transforming. The shift towards healthy and organic food is fuelling the demand for essential oils.  As per a report by Fortune Business Insights, the global essential oils market is expected to rise at a CAGR of 9.65% between 2019 and 2025.  Fortune Business Insights  in a new study, titled  “ essential oils industry : GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2015-2026”  predicts that essential oils play a crucial role in food and beverages, pharmaceuticals, and cosmetics industry. Essential oils are used in aromatherapy, which is likely to gain prominence, especially among people in urban areas. The growing inclination for aromatherapy among the population is expected to offer an upthrust to the essential oils market growth. According to the report, the global market for essential oils was worth US$ 7.03 Bn in 2018 and is anticipated to reach US$ 14.6 Bn by 2026. This shows that the essential oils market size is expected to incre