European Essential Oil Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Europe Essential Oil Companies and is Segmented by Product Type (Lavender Oil, Orange Oil, Eucalyptus Oil, Peppermint Oil, Spearmint Oil, Lemon Oil, Rosemary Oil, Geranium Oil, Tea Tree Oil, and Other Product Types), Application (Food and Beverages, Aromatherapy, Pharmaceuticals, Cosmetics and Personal Care, and Other Applications), and Geography (Spain, United Kingdom, France, Germany, Russia, Italy, and Rest of Europe). The report offers market sizes and values in USD million during the forecast period for the abovementioned segments.

Europe Essential Oil Market Size

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Europe Essential Oils Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 1.89 Billion
Market Size (2029) USD 2.42 Billion
CAGR (2024 - 2029) 5.03 %
Market Concentration High

Major Players

Europe Essential Oils Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Europe Essential Oil Market Analysis

The Europe Essential Oils Market size is estimated at USD 1.89 billion in 2024, and is expected to reach USD 2.42 billion by 2029, growing at a CAGR of 5.03% during the forecast period (2024-2029).

Growing awareness about the benefits of aromatherapy at home, as it aids in pain relief, cognitive function, brain stimulation, and mood enhancement, is expected to create immense growth opportunities during the upcoming years. The demand for orange, lemon, and eucalyptus oils is increasing at an exponential rate, and the industry is no longer able to keep up with the rapidly increasing consumer demand. Suppliers are also forced to increase the prices of aromatic crops as they struggle to compete with other commodities and feed crops. These factors are likely to hinder the growth of the market studied further in the region.

However, increasing consumer expenditure on personal care products and rising awareness regarding the therapeutic benefits associated with essential oils are driving the market's growth. Also, the green movement is influencing the global fragrance industry. Across Europe, there is a significant shift toward eco-friendly, light, natural, and fresh fragrances. Natural scents, including light floral essential oils, have been witnessing a significant increase in demand among customers. Plants and botanical extracts are expected to gain prominence in the market studied.

Europe Essential Oil Market Trends

This section covers the major market trends shaping the Europe Essential Oils Market according to our research experts:

The Rise of Aromatherapy in Europe

The interest in aromatherapy in Europe has grown over the past years, leading to significant growth in demand for high-value essential and vegetable oils and hydrolates, mostly in their use as natural ingredients. Consumers are increasingly using aromatherapy for specific health issues, especially in France and Germany, where aromatherapy is used as a medical treatment in the context of phytotherapy. As a result of the healthy living trend in Europe, there is a renewed interest in aromatherapy and other natural remedies. Hectic life schedules are one of the main concerns that have led consumers to undertake more responsibility for their personal health, integrating mental and physical well-being. Furthermore, the increased interest in aromatherapy also reflects the massive and growing amount of information available to consumers and companies on aromatherapy.

Europe Essential Oils Market: Number of Businesses for Manufacturers of Essential Oils, by GBP Turnover Size Range, United Kingdom, 2022

The Growing Share of Essential Oils in Cosmetics and Personal Care

The European cosmetic industry has evolved over the past years and is the largest market for cosmetics and personal care products. The dominant regions in the market studied include Germany and France followed by the United Kingdom. From the consumer's perspective, essential oils are mainly meant to protect the health, boost self-esteem, and enhance well-being overall. The safe use of essential oils in cosmetic products depends on the quality of raw materials and the extraction method by which the essential oil is produced. According to the Cosmetic Europe Personal Care Association, in the current year, Germany held the largest market share in the cosmetic category in the European region. Since fragrances are one of the key factors influencing the consumer's preference for cosmetic and personal care products, there is a significant opportunity for fragrance manufacturers to expand their business and offerings to the cosmetic product manufacturers in the region.

Moreover, European consumers are very skin sensitive and are more inclined toward natural skin care products, toiletries, hair care products, personal hygiene, etc., which, in turn, has been creating a wide opportunity for leading companies in the market, like BASF, Symrise, etc. to strategically invest in the innovation to meet the rising demand of the consumers.

European Essential Oil Market: Revenue from Sales of Essential Oils, in 1,000 USD, United Kingdom, 2017-2021

Europe Essential Oil Industry Overview

The European essential oils market is consolidated, with the top players controlling the major market shares across the region. Europe has some prominent players operating in the market, namely Sensient Technologies Corporation, Farotti SRL, doTerra, Young Living, and Givaudan, among others. Owing to advancements in technology and the cost of capital, the entry barriers are high and likely to maintain low competition among industry participants. In terms of strategy, major players are vying for new product development, with an intensive focus on R&D that would enable them to establish a stronghold in the European market.

Europe Essential Oil Market Leaders

  1. Sensient Technologies Corporation

  2. Farotti S.R.L.

  3. doTerra

  4. Young Living

  5. Givaudan

*Disclaimer: Major Players sorted in no particular order

Europe Essential Oils Market Concentration
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Europe Essential Oil Market News

  • May 2022: The launch of Plantopia, a wellness brand that also offers essential oils, marked KMI Brands' entry into the wellness market in the United Kingdom. KMI Brands is the maker of Noughty Hair & Body Care and the licensed distributor of Ted Baker Fragrance and Toiletries.
  • February 2022: Myrissi was acquired by Givaudan in France. Myrissi's experience in AI would assist Givaudan in suggesting novel organoleptic methods to customers, enabling Givaudan's long-term fragrance (including essential oils) & beauty strategy.
  • December 2021: First Natural Brands, a producer of wellness products and essential oils located in West Sussex, announced its plans to expand internationally with the help of a EUR 6.25 million funding package from Santander UK.

Europe Essential Oil Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Product Type

      1. 5.1.1 Lavender Oil

      2. 5.1.2 Orange Oil

      3. 5.1.3 Eucalyptus Oil

      4. 5.1.4 Peppermint Oil

      5. 5.1.5 Spearmint Oil

      6. 5.1.6 Lemon Oil

      7. 5.1.7 Rosemary Oil

      8. 5.1.8 Geranium Oil

      9. 5.1.9 Tea Tree Oil

      10. 5.1.10 Other Product Types

    2. 5.2 By Application

      1. 5.2.1 Food and Beverages

      2. 5.2.2 Aromatherapy

      3. 5.2.3 Pharmaceuticals

      4. 5.2.4 Cosmetics and Personal Care

      5. 5.2.5 Other Applications

    3. 5.3 By Geography

      1. 5.3.1 Spain

      2. 5.3.2 United Kingdom

      3. 5.3.3 France

      4. 5.3.4 Germany

      5. 5.3.5 Russia

      6. 5.3.6 Italy

      7. 5.3.7 Rest of Europe


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Sensient Technologies Corporation

      2. 6.3.2 Givaudan

      3. 6.3.3 Eden Garden

      4. 6.3.4 Young Living

      5. 6.3.5 Farotti Essenze

      6. 6.3.6 Do Terra

      7. 6.3.7 First Natural Brands Ltd

      8. 6.3.8 KMI Brands

      9. 6.3.9 Rocky Mountain Essential Oils

      10. 6.3.10 Roberta SA

    4. *List Not Exhaustive


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Europe Essential Oil Industry Segmentation

A natural product's volatile component, known as an essential oil, can be extracted through distillation, steam distillation, or expression in the case of citrus fruits. It has volatile hydrocarbons. Different plant parts are used to make essential oils. In the sense that it contains the characteristic aroma or essence of the plant, the oil is "essential." 

The European essential oils market is segmented by product type, application, and geography. On the basis of product type, the market has been segmented into lavender oil, orange oil, eucalyptus oil, peppermint oil, spearmint oil, lemon oil, rosemary oil, geranium oil, tea tree oil, and other product types. Based on application, the market has been segmented into food and beverages, aromatherapy, pharmaceuticals, cosmetics and personal care, and other distribution channels. By geography, the market has been segmented into Spain, the United Kingdom, France, Germany, Russia, Italy, and the Rest of Europe. For each segment, the market sizing and forecasts have been done based on value (in USD million).

By Product Type
Lavender Oil
Orange Oil
Eucalyptus Oil
Peppermint Oil
Spearmint Oil
Lemon Oil
Rosemary Oil
Geranium Oil
Tea Tree Oil
Other Product Types
By Application
Food and Beverages
Cosmetics and Personal Care
Other Applications
By Geography
United Kingdom
Rest of Europe
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Europe Essential Oil Market Research FAQs

The Europe Essential Oils Market size is expected to reach USD 1.89 billion in 2024 and grow at a CAGR of 5.03% to reach USD 2.42 billion by 2029.

In 2024, the Europe Essential Oils Market size is expected to reach USD 1.89 billion.

Sensient Technologies Corporation, Farotti S.R.L., doTerra, Young Living and Givaudan are the major companies operating in the Europe Essential Oils Market.

In 2023, the Europe Essential Oils Market size was estimated at USD 1.8 billion. The report covers the Europe Essential Oils Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Essential Oils Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Essential Oil in Europe Industry Report

Statistics for the 2024 Essential Oil in Europe market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Essential Oil in Europe analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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European Essential Oil Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)