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HUGE OPPORTUNITIES IN A BOOMING INDUSTRY
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Be part of a USD 1.72 billion industry that is among the fastest-growing in the world!
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With growing consumer awareness of the proven benefits of essential oils for physical and mental health, more and more people are increasingly opting for such natural therapies instead of man-made drugs.
In recent years, there has been a dramatic increase in the number of people who choose essential oils, to treat themselves of physical illnesses such as the common cold and sleep disorders.
Various adverse effects of pharmaceutical products have also led to rising demand for alternate therapies and natural essential oils from consumers around the world.
Alongside this growing preference, it is likely to drive demand for the aromatherapy market in the long term.
Aromatherapy market revenue is projected to hit USD 2.49 billion in 2028.
According to an in-depth report from Vantage Market Research, the Global Aromatherapy Market revenue stood at a value USD 1.72 billion for the year 2021.
With rising awareness about the therapeutic uses of essential oils, coupled with growing preference for natural products, the Compound Annual Growth Rate (CAGR) is expected to achieve 6.3% growth from 2021 to 2028.Â
Which translates to potentially USD 2.49 billion in year 2028!
Report Attribute | Details |
Market size value in 2021 | USD 1.72 billion |
Revenue forecast in 2028 | USD 2.49 billion |
Growth Rate | CAGR of 6.3% from 2021 to 2028 |
Segments | Product, Mode of Delivery, Application, Distribution Channel, End-Use, Region |
Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Source: Global Aromatherapy Market Size.Â
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