China Essential Oils Market Size & Outlook, 2023-2030

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.