Agribusiness

  Aromatherapy Market Overview The size of the aromatherapy market was estimated at USD 4.9 billion in 2021. According to projections, the market for aromatherapy will increase from USD 5.3 billion in 2022 to USD 10.5 billion in 2030, with a compound annual growth rate (CAGR) of 10.10% over the forecast period (2022- 2030). The primary market factors accelerating market expansion include aromatherapy's non-intrusive nature and its widespread use. As more people become aware of the therapeutic benefits of essential oils like lavender oil, cedarwood oil, Roman chamomile oil, rose oil, and hyssop oil, the aromatherapy sector is expected to grow significantly. These essential oils are frequently used in aromatherapy, and growing consumer knowledge of the therapeutic benefits of essential oils is fuelling the global aromatherapy industry. Aside from the health advantages of essential oils, demand for aromatherapy is rising globally due to consumers' shifting tastes towards na...