The essential oil makers are focused on extending their aromatherapy product lines, which is likely to enhance the global aromatherapy market growth throughout the forecast period. An rising number of patients suffering from arthritis choose aromatherapy treatment to alleviate the symptoms of arthritis, which is likely to fuel market expansion over the forecast period. The primary challenges impeding the growth of the global aromatherapy market are risk issues related with aromatherapy and severe marketing rules imposed by the United States Food and Drug Administration (FDA). Stringent approval requirements for new essential oils are posing significant challenges to market expansion, since manufacturers must indicate the indication for which the essential oil is used, such as therapeutic grade or cosmetic grade.
According to Coherent Market Insights, the global Aromatherapy Market is estimated to be valued at US$ 5,042.3 million in 2020 and is expected to exhibit a CAGR of 8.2% during the forecast period (2020-2027).
1. DoTERRA International
DoTERRA is a organization that provides Wellness Assessments for individuals. The company is headquartered in Utah, U.S. founded in 2008.
2. Koninklijke DSM N.V.
Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses in the Netherlands, Switzerland, rest of Europe, North America, Latin America, China, rest of Asia, and internationally. The company was founded in 1902 and is headquartered in Heerlen, the Netherlands.
3. International Flavors & Fragrances Inc.
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company is headquartered in NewYork, U.S. founded in 1833.
4. Symrise
Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. Symrise AG was founded in 1874 and is headquartered in Holzminden, Germany.
5. Young Living Essential Oils
Young Living Essential Oils is a multi-level marketing company selling essential oils and other related products. The company was founded in 1994 and is headquartered in Lehi, Utah. U.S. On August 25, 2020, Young Living, the world's biggest producer of essential oils, introduced a number of new goods and product lines.
6. Frontier Natural Products Corporation
Established in 1976, Frontier Co-op offers products for natural use. Products include culinary herbs, spices and baking flavors; bulk herbs and spices; and aromatherapy products with a wide selection of organics. Frontier Co-op is headquartered out of Norway, Iowa, U.S.
7. Rocky Mountain Oil
Rocky Mountain Oils was founded by a group of enthusiasts who were motivated to offer pure and safe essential oils for the entire family. The company is founded in 2004, headquartered in Utah, U.S.
Mountain Rose Herbs, Plant Therapy Inc,
8. Thann-Oryza Co. Ltd
THANN-Oryza Co. Ltd was established in 2002 to manufacture and market natural skincare products under the THANN brand using Asian innovation, natural ingredients, and contemporary design. The company is headquartered in Bangkok.
9. G Baldwin & Co.
G Baldwin & Co is London's oldest and most established herbalist. The company itself was founded in 1844 and has since been around to offer advice, high quality products and the best range of herbs for over 160 years. The company is headquartered in London, U.K.
10. RyohinKeikaku Co. Ltd
Ryohin Keikaku Co., Ltd. develops, manufactures, distributes, and sells apparel, household goods, furniture, and food items. Ryohin Keikaku Co., Ltd. was incorporated in 1979 and is based in Tokyo, Japan.
11. Isagenix International LLC
Isagenix International is a provider of nutritional supplements for weight loss, performance, and healthy aging. Isagenix International's science-backed products help consumers lose weight, fight cravings, increase lean muscle mass, improve nutrition, sleep better, and much more. The company was founded in 2002, headquartered in Arizona, U.S.
*Definition- Aromatherapy is an alternative medicine technique that involves utilising natural or herbal oils collected from flowers, wood, fruits, roots, or other elements of a plant to improve the psychological and physical well-being of patients suffering from chronic diseases.
