Essential Oils Market Increasing Demand and Growth Analysis by 2027

The Global Essential Oils Market was valued at USD 10.5 Bn in 2020 and is expected to reach USD 20.8 Bn by 2027, with a growing CAGR of 10.3% during the forecast period. The essential oils market is majorly growing owing to the high demand for essential oils from the food & beverage industry across the globe. Increasing demand for safe, natural, and minimally processed food products has emerged as the prominent factor responsible for expanding the essential oils demand in food & beverage applications.

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