Lavender Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The global lavender oil market is set for notable growth, projected to expand at a CAGR of 8.6% during 2024 to 2031. The market value is forecasted to rise from US$ 101 Mn in 2024 to approximately US$ 180 Mn by 2031, driven by heightened demand for organic and natural products across diverse applications.

Market Insights

Therapeutics Segment Growth: The Therapeutics segment dominates global revenue and is poised for consistent growth due to its antibacterial and antifungal properties.
Aromatherapy on the Rise: The Aromatherapy segment is expected to see steady expansion, fueled by the growing trend of wellness and relaxation practices.
Europe Leads Production: Europe remains the largest global producer of lavender oil, with Bulgaria leading growth across multiple applications.

Key Market Drivers

1.Rising Preference for Natural Products

Increasing consumer awareness of health benefits associated with natural, plant-derived formulations is spurring demand for organic products.

2.Higher Demand for Lavender-Based Air Fresheners

Lavender oil's soothing and refreshing aroma makes it a preferred ingredient in air fresheners for homes, offices, and automobiles.

3.Growth of Essential Oil Blends

Manufacturers are launching innovative products like PURE Peace Tranquility Essential Oil Blend by Melaleuca Inc., catering to rising consumer interest in essential oil blends.

Opportunities and Challenges

Business Opportunities

Increased adoption of lavender oil in aromatherapy and therapeutics.
Expansion in product portfolios featuring essential oil blends and novel applications.
Opportunities in untapped emerging markets as awareness grows.

Challenges

Low Awareness in Emerging Markets: Limited knowledge of lavender oil's therapeutic benefits, particularly in underdeveloped regions, hinders market expansion.

Regional Insights

North America

A significant contributor to the global lavender oil market, with the U.S. at the forefront.
Rising emphasis on holistic medicine and preventative healthcare drives regional demand.

Europe

The leading production hub, with Bulgaria playing a central role.
Growth in the personal care segment is fueled by consumer interest in natural products.
Aromatherapy is expected to grow fastest, supported by the wellness trend.

Competitive Analysis

Key players influencing the global lavender oil market include:

doTERRA International, LLC
Aromaland Inc.
Young Living Essential Oils LC
Enio Bonchev Production Ltd.
Avi Naturals
Gingerly Naturals (P) Ltd.
Ozone Naturals
BERJE INC
Elixarome Limited
Ultra International B.V.
RIYA AGRO PRODUCTS
Visagenics Premium Essential Oils
Rosabul
John Aromas
Alteya Organics
Biolandes
Ernesto Ventos S.A
H. Reynaud & Fils
The Lebermuth Company, Inc
Others (available upon request)

These companies focus on expanding their product portfolios to meet the growing demand for organic solutions.

Lavender Oil Market Segmentation

By Form:

Absolutes
Concentrates (100% Pure Lavender Oil)
Blends

By Application:

Therapeutics
Personal Care
Cosmetics
Aromatherapy
Food and Beverages
Others

By Region:

North America
Latin America
Europe
Asia & Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Lavender Oil Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Lavender Oil Market Outlook, 2019 - 2031

3.1. Global Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Absolutes
  - 3.1.1.2. Concentrates
  - 3.1.1.3. Blends
3.2. Global Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Therapeutics
  - 3.2.1.2. Personal Care
  - 3.2.1.3. Cosmetics
  - 3.2.1.4. Aromatherapy
  - 3.2.1.5. Food and Beverages
  - 3.2.1.6. Others
3.3. Global Lavender Oil Market Outlook, by Region, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Lavender Oil Market Outlook, 2019 - 2031

4.1. North America Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Absolutes
  - 4.1.1.2. Concentrates
  - 4.1.1.3. Blends
4.2. North America Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Therapeutics
  - 4.2.1.2. Personal Care
  - 4.2.1.3. Cosmetics
  - 4.2.1.4. Aromatherapy
  - 4.2.1.5. Food and Beverages
  - 4.2.1.6. Others
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Lavender Oil Market Outlook, by Country, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 4.3.1.2. U.S. Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 4.3.1.3. Canada Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 4.3.1.4. Canada Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Lavender Oil Market Outlook, 2019 - 2031

5.1. Europe Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Absolutes
  - 5.1.1.2. Concentrates
  - 5.1.1.3. Blends
5.2. Europe Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Therapeutics
  - 5.2.1.2. Personal Care
  - 5.2.1.3. Cosmetics
  - 5.2.1.4. Aromatherapy
  - 5.2.1.5. Food and Beverages
  - 5.2.1.6. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Lavender Oil Market Outlook, by Country, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.2. Germany Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.3. U.K. Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.4. U.K. Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.5. France Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.6. France Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.7. Italy Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.8. Italy Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.9. Spain Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.10. Spain Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.11. Russia Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.12. Russia Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.13. Rest of Europe Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 5.3.1.14. Rest of Europe Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Lavender Oil Market Outlook, 2019 - 2031

6.1. Asia Pacific Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Absolutes
  - 6.1.1.2. Concentrates
  - 6.1.1.3. Blends
6.2. Asia Pacific Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Therapeutics
  - 6.2.1.2. Personal Care
  - 6.2.1.3. Cosmetics
  - 6.2.1.4. Aromatherapy
  - 6.2.1.5. Food and Beverages
  - 6.2.1.6. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Lavender Oil Market Outlook, by Country, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.2. China Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.3. Japan Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.4. Japan Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.5. South Korea Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.6. South Korea Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.7. India Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.8. India Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.9. Southeast Asia Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.10. Southeast Asia Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.11. Rest of Asia Pacific Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 6.3.1.12. Rest of Asia Pacific Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Lavender Oil Market Outlook, 2019 - 2031

7.1. Latin America Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Absolutes
  - 7.1.1.2. Concentrates
  - 7.1.1.3. Blends
7.2. Latin America Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Lavender Oil Market Outlook, by Country, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.2. Brazil Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.3. Mexico Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.4. Mexico Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.5. Argentina Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.6. Argentina Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.7. Rest of Latin America Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 7.3.1.8. Rest of Latin America Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Lavender Oil Market Outlook, 2019 - 2031

8.1. Middle East & Africa Lavender Oil Market Outlook, by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Absolutes
  - 8.1.1.2. Concentrates
  - 8.1.1.3. Blends
8.2. Middle East & Africa Lavender Oil Market Outlook, by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Therapeutics
  - 8.2.1.2. Personal Care
  - 8.2.1.3. Cosmetics
  - 8.2.1.4. Aromatherapy
  - 8.2.1.5. Food and Beverages
  - 8.2.1.6. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Lavender Oil Market Outlook, by Country, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 8.3.1.2. GCC Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 8.3.1.3. South Africa Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 8.3.1.4. South Africa Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 8.3.1.5. Rest of Middle East & Africa Lavender Oil Market by Form, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
  - 8.3.1.6. Rest of Middle East & Africa Lavender Oil Market by Application, Value (US$ Bn) And Volume (Tons) , 2019 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2024
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. doTERRA International, LLC
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Aromaland Inc.
- 9.4.3. Young living essential oils LC
- 9.4.4. Enio Bonchev Production Ltd.
- 9.4.5. Avi Naturals
- 9.4.6. Gingerly Naturals (P) Ltd.
- 9.4.7. Ozone Naturals
- 9.4.8. BERJE INC
- 9.4.9. Elixarome Limited
- 9.4.10. Ultra International B.V.
- 9.4.11. RIYA AGRO PRODUCTS
- 9.4.12. Visagenics Premium Essential Oils
- 9.4.13. Rosabul
- 9.4.14. John Aromas

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations