Market Share of Europe Essential Oils Industry
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
Sensient Technologies Corporation
Farotti S.R.L.
doTerra
Young Living
Givaudan
*Disclaimer: Major Players sorted in no particular order
