Aromatherapy Oils Market Size 2021 | Is Projected to Reach USD 15.4 MN With 8.7% CAGR by 2027

SAN JOSE, Calif. - April 5, 2021 - PRLog -- The global Aromatherapy Oils market generated revenue of around USD 9.8 million in 2020 and is anticipated to grow at a CAGR of over 8.7% during the forecast period from 2021 to 2027 to reach around USD 15.4 million in 2027.

Aromatherapy Oils are essential oils extracted from natural plants for holistic aroma healing treatment. Aromatherapy oils are rapidly absorbed by limbic smell receptors that control breathing, stress, blood pressure, and heart rate. Aromatherapy oils enhance the emotional and physical health of individual s. Major aromatherapy oils are made from lavender, chamomile, eucalyptus, tea tree, and peppermint among others. Aromatherapy oils help in reducing anxiety and headaches, improving sleep, reducing inflammation, and healing stomach issues.

Key Trends in Global Aromatherapy Oils Market

Increasing demand for aromatherapy oil for the treatment of anxiety disorders and depression

The busy lifestyle has affected the mental health of a lot of people. It has led to increased stress, anxiety, and even depression in people worldwide. According to World Health Organization, there are nearly 450 million people with neurological or mental disorders globally. The side effects of the allopathic medicines for mental health ailments are driving people towards natural and alternative therapies. Aromatherapy oils improve blood circulation, improve moods, improve sleep, and helps in the management of other mental health ailments. Oils based on Lavender, Cedarwood, Frankincense, Chamomile, Jasmine, Rosemary, and Grapefruit help in improving mental health. Aromatherapy oils are effective alongside behavior therapy and anti-depressants.

Impact of COVID 19 on Global Aromatherapy Oils Market

COVID 19 had a significant impact on the revenue generation of the global aromatherapy oil market. The COVID 19 lockdowns and restrictions affected the supply of ingredients. Moreover, the restrictions on the functioning of the oil-producing units affected the aromatherapy oil production output. People who were bound at homes during lockdowns and restrictions started trying aromatherapy oils for health benefits.  E-commerce platforms helped significantly in the recovery of sales of aromatherapy oils in 2020. The global aromatherapy oils market is anticipated to attain new highs in the coming years.

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