Top 10 Companies in Essential Oil Market – Company Overview, Recent Developments and SWOT Analysis 2032
The Essential Oil Market is driven by rising demand from various industries such as cosmetics, home care, the food and beverage industry, medicine, spas, and relaxation centers. Essential oils are obtained from various sources such as fruits, vegetables, flowers, herbs, and spices and extracted by cold pressing, distillation, and the carbon dioxide extraction method. Reducing stress, anxiety, and pain and improving sleep are essential properties of essential oils, which have contributed to market growth. Numerous biological effects like antiviral, antibacterial, insecticidal, and antioxidant properties of essential oils have given rise to increased demand from consumers and are expected to fuel the Essential Oil Market growth.
Essential Oil Market is estimated to be US$ 56.4 billion by 2032 with a CAGR of 8.6% during the forecast period.
Here are the top 10 companies operating in Essential Oil Market
Founded in: 1895
Headquarter: Vernier, Geneva
Number of Employees: 10,001+
Annual Revenue in CHF: 7,117.0 million (2022)
Givaudan is a Swiss multinational company and global leader in beauty, fragrance, taste, and wellbeing that delivers craft-inspired fragrances, food experiences, and wellness and beauty solutions that make people look and feel good.
Key Highlights:
- In April 2022, Givaudan launched its new SaniScent platform with the most comprehensive suite of cross-category hygiene technologies for improving overall health and wellbeing for customers. SaniScent Essential Oil, which conveys hygiene through massage using a collection of essential oils that cover various olfactory territories, is part of the newly launched platform. Among the new products are SaniScent Protect, SaniScent Pure, Phytogaia Hygiene Collection, Micellar Fragrances, and Hygiene Heart Capsules.
Founded in: 2008
Headquarter: Pleasant Grove, Utah, United States
Number of Employees: 4,461 (2022)
doTERRA International LLC., offers essential oils and home care products, which are sold through Wellness Advocates distributors. The company sources essential oils from all over the world and works with committed partners to ensure the best growing conditions and produce the purest, highest quality essential oils.
Key Highlights:
- In October 2020, doTERRA International LLC., launched new products that combine pure essential oils to support wellness and also launched new wellness programs. Newly launched products are Helichrysum Touch, an ideal balance of Helichrysum oil and fractionated coconut oil for reducing signs of aging and promoting a glowing, youthful complexion. LaLuz Diffuser, Roam Diffuser, and Dawn Aroma Humidifier are other launched products
Founded in: 1993
Headquarter: Western U.S.
Number of Employees: 5,001 to 10,000
Young Living Essential Oils, LC, is a world leader in essential oils and wellness solutions. The company is a leader in the distillation, cultivation, and production of pure and therapeutic-grade essential oils.
Key Highlights:
- In December 2022, Young Living Essential Oils LC will launch two new essential oil diffusers, "Duet Diffuser" and "Sprout the Puppy Diffuser." Newly launched diffusers allow concentrated and mess-free diffusion and are the perfect gift to give for family and friends.
Founded in: 2009
Headquarter: Greater Los Angeles Area, West Coast, Western U.S.
Number of Employees: 11 to 50
Edens Garden is a family-owned, women-owned essential oil company that offers wellness and fitness services. The company is specialized in essential oil products and aromatherapy products, which are always of the highest quality, free of synthetics, unadulterated, and entirely pure.
Key Highlights:
- In September 2017, Edens Garden and Schimdt’s Naturals partnered to launch a limited edition, fall-inspired deodorant scent, Earth + Wood, with the tagline "the new face of natural." Earth + Wood was created with Eden's Garden pure essential oils to evoke the scents of autumn and the great outdoors.
Founded in: 2005
Headquarter: Asia Pacific, (New Delhi, India)
Number of Employees: 11 to 50
Moksha Lifestyle Products, India’s best essential oil manufacturer, produces and supplies the finest and purest natural products to major brands and businesses all over the world. The company offers products such as essential oils, carrier oils, fragrance oils, hydrosols, extracts, clays, and butters. The company has become the world’s first USDA Organic, WHO GMP, HACCP, and ISO Certified Natural Ingredients Manufacturer.
Founded in: 1908
Headquarter: Great Lakes, Midwestern U.S.
Number of Employees: 101 to 250
Lebermuth, Inc., is specialized in the manufacturing of essential oils for world-class flavors and fragrances with quality and innovative products by using distillation technology, automated blending, dosing equipment, and quality control and assurance.
Founded in: 1997
Headquarter: Asia-Pacific (APAC), Australasia
Number of Employees: 11 to 50
The Sydney Essential Oil Company is a supplier of essential oils, natural products, aromatherapy, and containers. The company provides organic, certified organic, essential oils, dilutions, blends, oleoresins, and blended natural products.
Headquarter: St. Andrew’s
Number of Employees: 11 to 50
West India Spices, Inc., is a producer of high-quality essential oils, ground spices, and oleoresins, which are processed by natural processing methods. Pimiento essential oil, Nutmeg essential oil, Lemongrass essential oil, Nutmeg oleoresin, Nutmeg butter, Ground cinnamon, and fish and meat seasoning mix are among the products offered by the company.
Founded in: 1980
Biolandes SAS offers an extensive product range with more than 700 essential oils and natural extracts from 35 countries, including absolutes, floral waters, concretes, waxes, resinoids, and gums. The company provides perfumery products, aromatherapy, beauty and personal care products, and food flavors.
Founded in: 1975
Essential Oils of New Zealand Ltd. offers a complete range of essential oils for both local and imported businesses. The company has built an understanding of essential oil crop management through harvesting and distilling techniques, which includes the overwhelming importance of quality as a major ingredient for successfully marketing essential oils at an international level.