Projections for Essential Oil Market at BALANCED HEALTH plus®
At BALANCED HEALTH plus®, we are dedicated to keeping up with news and trends regarding alternative health practices. That’s why we keep up-to-date on the latest market research regarding essential oils. In a study published by Grand View Research, Inc., the U.S. based market research and consulting company provided insight into the essential oils market.
Grand View Research, Inc. is a U.S. based market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Their goal is to help clients make informed business decisions regarding a wide range of industries.
Their goal with this research report? To help businesses better understand the essential oil market.
Throughout their report, Grand View Research, Inc. covers a forecast and analysis for the essential oil market on both a global and regional level. As a basis for their report, Grand View Research, Inc. utilized historic data from 2014 to help create a forecast from 2015 and beyond based on both volumes and revenue. The study also includes drivers and restraints within the essential oil market. In addition to these features, the study also provides several opportunities for players in the essential oil market.
One of the biggest findings of the study was the increasing consumer preference and demand for essential oils. In 2014, the global essential oil market size was estimated at 5.51 billion USD. However, in the future, the market is projected to greatly increase. The report estimates that by 2022, the essential oil market will reach 11.67 billion USD. As for this increase, it’s huge positive sign for companies in the essential oil market.
The report also points out important driving factors in the growth of the essential oil market. Of these factors, Grand View Research, Inc. highlights aspects, such as the growing consumer awareness regarding the natural health benefits of essential oils—something we strive to do daily at BALANCED HEALTH plus.
At BALANCED HEALTH plus, we are not only dedicated to advocating for the consumer awareness regarding health benefits of essential oils, but we are also committed to providing quality products to experience those health benefits. Our AROMAID aromatherapy products are a hands-free way to experience these essential oil health benefits. Our patented health and wellness products are easy to use and provide relief for common ailments, such as queasiness, anxiety, and headaches.
Are you ready to experience the numerous health benefits of an emerging essential oil market? Here at our alternative medicine company, we are committed to helping you reach these benefits without the harsh side effects of pharmaceutical drugs. Are you looking for more information about our alternative health company? Contact BALANCED HEALTH plus directly, and we’d be happy to answer any questions or concerns you may have!