North America Aromatherapy Market Size & Outlook
North America aromatherapy market, 2018-2030 (US$M)
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North America aromatherapy market highlights
- The North America aromatherapy market generated a revenue of USD 3,531.6 million in 2023.
- The market is expected to grow at a CAGR of 7.3% from 2024 to 2030.
- In terms of segment, topical application was the largest revenue generating mode of delivery in 2023.
- Direct Inhalation is the most lucrative mode of delivery segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,531.6 million |
| Market revenue in 2030 | USD 5,783.7 million |
| Growth rate | 7.3% (CAGR from 2024 to 2030) |
| Largest segment | Topical application |
| Fastest growing segment | Direct Inhalation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical Application, Direct Inhalation, Aerial Diffusion |
| Key market players worldwide | Procter & Gamble Co, Reckitt Benckiser Group PLC, Ryohin Keikaku Co Ltd, Rocky Mountain Oils, Plant Therapy, Falcons Beyond Global Inc Ordinary Shares - Class A, Pilgrims Pride Corp, SpaRoom, NOW Foods, Biolandes, EO Technics, DoTERRA, Young Living, Mountain Rose Herbs, Edens Garden, Stadler Form |
Other key industry trends
- In terms of revenue, North America region accounted for 41.1% of the global aromatherapy market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,800.7 million by 2030.
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Aromatherapy Market Scope
Aromatherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America aromatherapy 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 aromatherapy market will help companies and investors design strategic landscapes.
Topical application was the largest segment with a revenue share of 42.33% in 2023. Horizon Databook has segmented the North America aromatherapy market based on topical application, direct inhalation, aerial diffusion covering the revenue growth of each sub-segment from 2018 to 2030.
The North American region has been witnessing a rise in patients with psychological disorders. Such patients experience significant stress, anxiety, and emotional distress and thus seek remedies to reduce these symptoms. Aromatherapy has been shown to have calming effects, potentially reducing levels of stress and anxiety.
Insomnia is a common issue among patients with anxiety and other psychological disorders. The relaxing properties of certain essential oils, such as lavender, may help improve sleep quality. In addition, aromatherapy can help manage pain, possibly offering a complementary approach to traditional pain management approaches.
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Our clientele includes a mix of aromatherapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America aromatherapy market , including forecasts for subscribers. This continent databook contains high-level insights into North America aromatherapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America aromatherapy market size, by country, 2018-2030 (US$M)
North America Aromatherapy Market Outlook Share, 2023 & 2030 (US$M)
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