China Essential Oils Market Size & Outlook, 2023-2030

The essential oils market in China is expected to reach a projected revenue of US$ 1,007.4 million by 2030. A compound annual growth rate of 11.2% is expected of China essential oils market from 2024 to 2030.
Revenue, 2023 (US$M)
$479.8
Forecast, 2030 (US$M)
$1,007.4
CAGR, 2024 - 2030
11.2%
Report Coverage
China

China essential oils market highlights

  • The China essential oils market generated a revenue of USD 479.8 million in 2023 and is expected to reach USD 1,007.4 million by 2030.
  • The China market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
  • In terms of segment, orange was the largest revenue generating product in 2023.
  • Acorus Calamus is the most lucrative product segment registering the fastest growth during the forecast period.


Essential oils market data book summary

Market revenue in 2023USD 479.8 million
Market revenue in 2030USD 1,007.4 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentOrange
Fastest growing segmentAcorus Calamus
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAcorus Calamus, Ajowan, Basil, Black pepper, Cardamom, Carrot Seed, Cassia, Cedarwood, Celery, Cinnamon, Citronella, Clove, Cornmint, Cumin Seed, Curry Leaf, Cypriol, Davana, Dill Seed, Eucalyptus, Fennel, Frankincense, Garlic, Ginger, Holy Basil, Juniper Berry, Lemon, Lemongrass, Lime, Mace, Mustard, Neem, Nutmeg, Orange, Palmarosa, Pepper Mint, DMO, Rosemary, Spearmint, Turmeric, Vetiver, Ciz-3 Hexanol, Tea Tree
Key market players worldwideBiolandes, Young Living, DoTERRA, New Zealand Energy Corp, Flavex Naturextrakte, Falcon Oil & Gas Ltd, Ungerer & Company


Other key industry trends

  • In terms of revenue, China accounted for 2.0% of the global essential oils market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China essential oils market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,007.4 million by 2030.

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Essential Oils Market Companies

Name Profile # Employees HQ Website

China essential oils market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to essential oils market will help companies and investors design strategic landscapes.


Orange was the largest segment with a revenue share of 8.46% in 2023. Horizon Databook has segmented the China essential oils market based on acorus calamus, ajowan, basil, black pepper, cardamom, carrot seed, cassia, cedarwood, celery, cinnamon, citronella, clove, cornmint, cumin seed, curry leaf, cypriol, davana, dill seed, eucalyptus, fennel, frankincense, garlic, ginger, holy basil, juniper berry, lemon, lemongrass, lime, mace, mustard, neem, nutmeg, orange, palmarosa, pepper mint, dmo, rosemary, spearmint, turmeric, vetiver, ciz-3 hexanol, tea tree covering the revenue growth of each sub-segment from 2018 to 2030.


China is one of the fastest-growing economies across the globe. The country is projected to witness strong economic growth on account of technological development, burgeoning population, and the availability of low-cost labor and ample raw materials. Essential oils are mostly consumed in food & beverage applications in China.

The country is projected to witness a high demand for essential oils owing to the presence of well-developed food & beverage and medical industries. After 2011, China surpassed the U.S. to become the world’s largest consumer market for food & beverage products. The increasing middle-class population along with more purchasing power and rising attention on food safety, and quality are considered to be the reasons driving the Chinese food & beverage sector.

Rising value of imports of personal care products and cosmetics is creating an opportunity for key global players to establish their operation and distribution facilities in China. The presence of a huge population, which is growing at a stable rate, is generating an ascending requirement for food & beverage as well as personal care products. Tier 1 megacities of the country are the major consumers of cosmetics.

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Target buyers of China essential oils market databook

  • Our clientele includes a mix of essential oils market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China essential oils market , including forecasts for subscribers. This country databook contains high-level insights into China essential oils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China essential oils market size, by product, 2018-2030 (US$M)

China Essential Oils Market Outlook Share, 2023 & 2030 (US$M)

China essential oils market size, by product, 2018-2030 (US$M)

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