Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Herb Oil Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Herb Oil industry at home and abroad, estimate the overall market scale of the Herb Oil industry and the market share of major countries, Herb Oil industry, and study and judge the downstream market demand of Herb Oil through systematic research, Analyze the competition pattern of Herb Oil, so as to help solve the pain points of various stakeholders in Herb Oil industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2029) of Herb Oil Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Herb Oil Market?
Young Living Essential Oils LC
Symrise AG
Givaudan SA
International Flavors & Fragrances Inc.
Biolandes SAS
doTERRA International, LLC
The Lebermuth Co., Inc.
China Flavors & Fragrances Co. Ltd.
Citrus and Allied Essences Ltd.
Enio Bonchev Production Ltd.
Major Type of Herb Oil Covered in VIC Research report:
By Product Type
Basil
Mint
Thyme
Dill
Other Herbs
By Extraction Method
Distillation
Solvent Extraction
Cold Pressing
Application Segments Covered in VIC Research Market
Personal Care and Cosmetic
Food and Beverage
Pharmaceutical
Aromatherapy
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Herb Oil Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Herb Oil Market by Value
2.2.1 Global Herb Oil Revenue by Type
2.2.2 Global Herb Oil Market by Value (%)
2.3 Global Herb Oil Market by Production
2.3.1 Global Herb Oil Production by Type
2.3.2 Global Herb Oil Market by Production (%)
3. The Major Driver of Herb Oil Industry
3.1 Historical & Forecast Global Herb Oil Demand
3.2 Largest Application for Herb Oil (2019-2029)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Herb Oil Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Herb Oil Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Herb Oil Production, Revenue (2019-2029)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
6. Europe Herb Oil Production, Revenue (2019-2029)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
7. China Herb Oil Production, Revenue (2019-2029)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
8. Japan Herb Oil Production, Revenue (2019-2029)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
9. India Herb Oil Production, Revenue (2019-2029)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
10. Korea Herb Oil Production, Revenue (2019-2029)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
11. Southeast Asia Herb Oil Production, Revenue (2019-2029)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2029)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2029)
12. Global Herb Oil Average Price Trend
12.1 Market Price for Each Type of Herb Oil in US (2019-2023)
12.2 Market Price for Each Type of Herb Oil in Europe (2019-2023)
12.3 Market Price for Each Type of Herb Oil in China (2019-2023)
12.4 Market Price for Each Type of Herb Oil in Japan (2019-2023)
12.5 Market Price for Each Type of Herb Oil in India (2019-2023)
12.6 Market Price for Each Type of Herb Oil in Korea (2019-2023)
12.7 Market Price for Each Type of Herb Oil in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Herb Oil Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Herb Oil
14. Herb Oil Competitive Landscape
14.1 Young Living Essential Oils LC
14.1.1 Young Living Essential Oils LC Company Profiles
14.1.2 Young Living Essential Oils LC Product Introduction
14.1.3 Young Living Essential Oils LC Herb Oil Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 Symrise AG
14.2.1 Symrise AG Company Profiles
14.2.2 Symrise AG Product Introduction
14.2.3 Symrise AG Herb Oil Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 Givaudan SA
14.3.1 Givaudan SA Company Profiles
14.3.2 Givaudan SA Product Introduction
14.3.3 Givaudan SA Herb Oil Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 International Flavors & Fragrances Inc.
14.4.1 International Flavors & Fragrances Inc. Company Profiles
14.4.2 International Flavors & Fragrances Inc. Product Introduction
14.4.3 International Flavors & Fragrances Inc. Herb Oil Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Biolandes SAS
14.5.1 Biolandes SAS Company Profiles
14.5.2 Biolandes SAS Product Introduction
14.5.3 Biolandes SAS Herb Oil Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 doTERRA International, LLC
14.6.1 doTERRA International, LLC Company Profiles
14.6.2 doTERRA International, LLC Product Introduction
14.6.3 doTERRA International, LLC Herb Oil Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 The Lebermuth Co., Inc.
14.7.1 The Lebermuth Co., Inc. Company Profiles
14.7.2 The Lebermuth Co., Inc. Product Introduction
14.7.3 The Lebermuth Co., Inc. Herb Oil Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 China Flavors & Fragrances Co. Ltd.
14.8.1 China Flavors & Fragrances Co. Ltd. Company Profiles
14.8.2 China Flavors & Fragrances Co. Ltd. Product Introduction
14.8.3 China Flavors & Fragrances Co. Ltd. Herb Oil Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Citrus and Allied Essences Ltd.
14.9.1 Citrus and Allied Essences Ltd. Company Profiles
14.9.2 Citrus and Allied Essences Ltd. Product Introduction
14.9.3 Citrus and Allied Essences Ltd. Herb Oil Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 Enio Bonchev Production Ltd.
14.10.1 Enio Bonchev Production Ltd. Company Profiles
14.10.2 Enio Bonchev Production Ltd. Product Introduction
14.10.3 Enio Bonchev Production Ltd. Herb Oil Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Herb Oil Industry (Volume)
Figure 2. Herb Oil Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Herb Oil Revenue in 2023
Figure 5. US Herb Oil Production, Demand (2019-2029)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Herb Oil Production, Demand (2019-2029)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Herb Oil Production, Demand (2019-2029)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Herb Oil Production, Demand (2019-2029)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Herb Oil Production, Demand (2019-2029)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Herb Oil Production, Demand (2019-2029)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Herb Oil Production, Demand (2019-2029)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2029)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Herb Oil Revenue, by Type (Million USD) (2019-2029)
Table 4. Herb Oil Production, by Type (K Unit) (2019-2029)
Table 5. Herb Oil Demand (K Unit) by Application (2019-2029)
Table 6. Herb Oil Demand (Million USD) by Application (2019-2029)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Herb Oil Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 13. Current and Estimated Production Breakdown by Type (2019-2029)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 19. Current and Estimated Production Breakdown by Type (2019-2029)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 30. Current and Estimated Production Breakdown by Type (2019-2029)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 36. Current and Estimated Production Breakdown by Type (2019-2029)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 42. Current and Estimated Production Breakdown by Type (2019-2029)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2029)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Herb Oil Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2029)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2029)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2029)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Herb Oil in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Herb Oil in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Herb Oil in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Herb Oil in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Herb Oil in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Herb Oil in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Herb Oil in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. Young Living Essential Oils LC Profiles
Table 61. Young Living Essential Oils LC Herb Oil Product Introduction
Table 62. Young Living Essential Oils LC Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. Young Living Essential Oils LC Strategic initiatives
Table 64. Symrise AG Profiles
Table 65. Symrise AG Herb Oil Product Introduction
Table 66. Symrise AG Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. Symrise AG Strategic initiatives
Table 68. Givaudan SA Profiles
Table 69. Givaudan SA Herb Oil Product Introduction
Table 70. Givaudan SA Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. Givaudan SA Strategic initiatives
Table 72. International Flavors & Fragrances Inc. Profiles
Table 73. International Flavors & Fragrances Inc. Herb Oil Product Introduction
Table 74. International Flavors & Fragrances Inc. Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. International Flavors & Fragrances Inc. Strategic initiatives
Table 76. Biolandes SAS Profiles
Table 77. Biolandes SAS Herb Oil Product Introduction
Table 78. Biolandes SAS Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Biolandes SAS Strategic initiatives
Table 80. doTERRA International, LLC Profiles
Table 81. doTERRA International, LLC Herb Oil Product Introduction
Table 82. doTERRA International, LLC Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. doTERRA International, LLC Strategic initiatives
Table 84. The Lebermuth Co., Inc. Profiles
Table 85. The Lebermuth Co., Inc. Herb Oil Product Introduction
Table 86. The Lebermuth Co., Inc. Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. The Lebermuth Co., Inc. Strategic initiatives
Table 88. China Flavors & Fragrances Co. Ltd. Profiles
Table 89. China Flavors & Fragrances Co. Ltd. Herb Oil Product Introduction
Table 90. China Flavors & Fragrances Co. Ltd. Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. China Flavors & Fragrances Co. Ltd. Strategic initiatives
Table 92. Citrus and Allied Essences Ltd. Profiles
Table 93. Citrus and Allied Essences Ltd. Herb Oil Product Introduction
Table 94. Citrus and Allied Essences Ltd. Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Citrus and Allied Essences Ltd. Strategic initiatives
Table 97. Enio Bonchev Production Ltd. Profiles
Table 98. Enio Bonchev Production Ltd. Herb Oil Product Introduction
Table 99. Enio Bonchev Production Ltd. Herb Oil Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. Enio Bonchev Production Ltd. Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.