Wednesday, 7 September 2016

Global Essential Oil Consumption Market to Witness Rising Demand with Consumers Increasingly Preferring Natural Products

QYResearchReports.com has recently announced the addition of a report to its repertoire, titled “Global Essential Oil Consumption Market 2015 Market Research Report”. The report studies the growth trajectory exhibited by the essential oil industry over the years. The global essential oil consumption market is estimated to be a multibillion-dollar industry, with impressive prospects for growth in the forthcoming years.

The global essential oil consumption market is majorly driven by the increasing penetration of essential oil in aromatherapy, together with the rising demand for both flavor and fragrance from the food and beverages industry. A paradigm shift in consumer preference from cosmetic beauty products to their natural alternatives has also led to the robust sales of essential oil consumption. As per the report’s findings, the growing disposable income of consumers and rapid industrialization witnessed across countries such as India, Thailand, China, and Vietnam will further boost the consumption of essential oils. 

The essential oil consumption market sees an increasing scope of application on account of the growing consumer awareness about the benefits of essential oils over their synthetic alternatives. As the cosmetic industry witnesses high demand for aromatic fragrances and flavors in beauty products, perfumes, and spa applications, the market for essential oil consumption will expand in response. In the last few years, essential oils have also emerged in the cleaning and home products market, which will also give impetus to the essential oil consumption industry. 

To Get Sample Copy of Report visit @ http://www.qyresearchreports.com/sample/sample.php?rep_id=365207&type=E 

Customers nowadays are keener on specialized products with specific characteristics. Be it for food and beverages, spa, or medical applications, they want products that are ‘generally recognized as safe’ (GRAS). 

A huge amount of plant matter is required to produce relatively small quantities of essential oils. This is one of the most crucial factors inhibiting the market’s growth due to the rising concerns regarding resource depletion. Nevertheless, leading enterprises operating in the global essential oil consumption market are looking for new avenues to ensure steady returns from the sale of essential oil substitutes derived from synthetic compounds. This is expected to result in high demand among consumers who are ignorant about the composition of the product. However, it will not take much time before the consumer base discovers the same, yet again leading to slowing pace of growth. 

The report presents a comprehensive overview of the key factors influencing the consumption of essential oils worldwide. Profiles of leading companies are included to provide a 360-degree blueprint of the market’s competitive landscape. Using SWOT analysis, the report evaluates the strengths and weaknesses of the leading companies operating in the global essential oil consumption market. The opportunities and threats witnessed by the companies during the last few years are also studied. 

The impact of Porter’s five forces on the market operations is also studied in detail. 

Browse Complete Report with TOC @ http://www.qyresearchreports.com/report/global-essential-oil-consumption-market-2015-market-research-report.htm 

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