This article introduces 15 of the world's highest quality essential oil brands. If you want to skip the essential oil market analysis, please visit the following link directly: 5 of the world's highest quality essential oil brands.
The global essential oil market is estimated to be close to $11.4 billion in 2023. The market is expected to reach $22.4 billion by 2030, growing at a compound annual growth rate (CAGR) of more than 10%. The essential oil market is being boosted by natural health trends that started in the wake of COVID-19. Many people have started using essential oils as a means of relaxing as well as supporting a better immune system. The most common essential oils used in aromatherapy are eucalyptus, tea tree, peppermint, apricot kernel, and other scent-based oils such as rosehip and lemon.Orange and lavender are one of them. best selling essential oils, mainly used in oral products. Citrus has a large market share of 41.97% as of 2022, and these varieties are generally sold as follows: Essential oils for aromatherapy.
The growing demand for products that promote self-awareness and self-care is driving the global trend of aromatherapy. Essential oils, when combined in specific formulations, have been clinically proven to enhance mood and cognitive performance. The essential oil market is experiencing a shift in demand from the fragrance and cosmetics industry to the wellness and natural health sector. Although essential oils are highly concentrated extracts of natural substances, they pose challenges in terms of stability during use and during the manufacturing process. Increased demand is making it difficult for producers to meet production targets and ensure stable supply.
Additionally, essential oil production is an expensive process, requiring approximately 250 pounds of lavender flowers to produce one pound of lavender oil. Major buyers of essential oils include many sectors such as food and beverages, personal care and cosmetics, relaxation and self-care, pharmaceuticals, and medical formulations. The food and beverage sector is expected to maintain its leading position due to the increasing use of essential oils as additives and flavoring agents to naturally preserve various foods such as candies, confectionery, meat, pickles, and beverages. It has been. Currently, this segment accounts for his 40.42% of the market.
Essential oils are distributed through a variety of channels, including direct distribution, retail, and multilevel marketing (MLM) distribution. Direct distribution accounts for the largest share, with the European market leading the way, contributing $4.58 billion in 2022. Countries such as Germany, France and the United Kingdom are important consumers of food. Grade A essential oil brand and other aromatherapy products. The manufacturing landscape of the market is highly segmented into different regions due to the strength of local production. However, increased interest in the industry has led to consolidation, with major companies such as Sensient Technologies (NYSE:SXT), International Flavors and Fragrances Co. (NYSE:IFF), and Symrise AG (ETR:SY1) expanding locally. We are considering acquiring a company. Brands increase market share.
Frank Clyburn, CEO of International Flavors and Fragrances, Inc. (NYSE:IFF), provided an update on the company's financial position during the company's third quarter 2023 earnings call. Here's what Cliburn shared:
“The Company's adjusted operating EBITDA margin subsequently ended at 17.9%, an improvement of 50 basis points compared to Q2 2023. Accelerated free cash flow generation. Specifically, our continued execution of our inventory reduction program resulted in inventory reductions of more than $600 million since the end of 2022, which represents our largest free cash flow , an improvement of $320 million compared to the second quarter of 2023.”
With this context in mind, let's take a look at our list of 15. The world's highest quality essential oil brand.
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our methodology
We used a consensus methodology to shortlist 15 of the world's highest quality essential oil brands. To shortlist these brands, we consulted various well-known sources such as Vogue, Luxatic, Spruce, and Essential Oil Haven. Brands were assigned a score based on their ranking and frequency of appearance on various lists. We have ranked the world's highest quality essential oil brands in descending order of their scores. To provide more perspective, we've also included the average ratings for these brands on Amazon, company websites, and other review portals, where applicable.
Incidentally, Insider Monkey is an investment site that tracks the movements of company insiders and hedge funds. Using a consensus approach, we identify the best stock picks of over 900 hedge funds investing in US stocks. The top 10 hedge fund consensus stocks outperformed the S&P 500 by more than 140 percentage points over the past decade. (Click here for details). Whether you're a novice investor or a professional looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and company insiders.
15 of the world's highest quality essential oil brands
15. Neom
Score: 2
Average rating: 4.5
NEOM Organics is a UK-based essential oil brand known for its wide range of 100% pure essential oils. The brand's tagline is “Improve your health with 100% natural scents.” NEOM Organics is focused on clean sourcing, transparency around ingredients, and sustainable production practices. The brand offers free shipping directly to the US for orders over $55.
14. young living
Score: 2
Average rating: 4.6
Young Living Essential Oils was founded in Utah in 1993 and currently has offices in Australia, Europe, Canada, Japan, and Singapore. The company sells through a multi-level marketing model. The brand uses a registered Seed to Seal process during manufacturing to control the flow of the entire oil production process. In order to meet strict quality standards, the company owns several farms around the world for specific plants.
13. Garden of Life
Score: 3
Average rating: 4.7
Garden of Life is a well-known nutritional supplement brand, and its USDA-certified herbal supplements are highly rated by users. This brand sells a selection of commonly used essential oils, including lavender, lemon, peppermint, and tea tree. They are rated organic and non-GMO. The brand is well known for its carbon neutrality and responsible business practices, especially its wellness product sourcing process.
12. mountain rose herb
Score: 4
Mountain Rose Herbs started as a small herbal retail store and now operates out of Eugene, Oregon. The company is an authentic herbal products manufacturer with multiple certifications including organic, non-GMO, fair trade, and zero waste facility. Product families include spices, teas, bath and body products, aromatherapy products, and essential oils. This brand offers many essential oils that are hard to find or very expensive. However, customers should be aware that delivery times for that brand may be longer than for other brands, and delivery times may vary depending on the specific product ordered.
11. Aromatherapy Associates
Score: 4
Average rating: 4.4
Founders Geraldine Howard and Sue Beachy started out as aromatherapists in the 1970s and opened their first Aromatherapy Associates store in 1985. The brand operates out of London, England and sources oils from all over the world. The brand specializes in selling his blends of essential oils for specific purposes such as skin care, relaxation, stress relief, wellness, and hair care. US customers receive free shipping on orders over $110.
10. Prador
Score: 4
Average rating: 4.5
PURA D'OR specializes in organic and effective plant-based products that solve your skin, hair and body care concerns. This brand's oils are USDA organic and certified vegan, but no testing documentation has been published. Pura D'Or produces its oils in small batches to ensure that quality standards are adhered to. This brand is reasonably priced and the products are carefully packaged.
9. Revive essential oils
Score: 4
Average rating: 4.6
Revive Oils, a US-based brand, offers a cost-effective 100% therapeutic-grade alternative to expensive brands. This brand's range of oils is huge, with multiple sizes and kits to choose from. The brand sells directly to customers through an online platform and says its oils are clean and pesticide-free. Gas chromatography mass spectrometry (GC/MS) testing is provided for each batch to support this claim.
8. Aura Cassia
Score: 4
Average rating: 4.6
Aura Cacia operates under a co-op structure as part of Frontier Co-Op. This means that leadership input is based on a sense of community and direction. Founded in 1976 in Iowa, the cooperative introduced essential oils in 1979. While not all products are completely organic, the brand does offer a selection of certified organic oils. Known for its affordability, Aura Cassia packages its oils in classic amber bottles to maintain stability.
7. Eden's Garden
Score: 4
Average rating: 4.8
Founded and led by women, Eden's Garden has become a mainstay in the essential oil industry. Over the years, we have built a portfolio of over 250 oils and blends through partnerships with distilling hubs and agricultural experts. The brand maintains his commitment to 100% therapeutic grade and is certified organic. Although prices tend to be a little higher, Eden's Garden remains a popular choice for those seeking premium essential oils.
6. Essential oils now
Score: 5
Average rating: 4.7
Today, Essential Oils is a family-owned business that has been in operation for over 50 years. The brand's manufacturing practices are focused on transparency and sustainable sourcing. We also conduct rigorous testing to ensure the quality of every batch. The company is known for its affordable prices and wide range of products.
Some of the major companies operating in the essential oil industry include Sensient Technologies Corp (NYSE:SXT), International Flavors and Fragrances Inc. (NYSE:IFF), and Symrise AG (ETR:SY1).
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Disclosure: None. 15 of the world's highest quality essential oil brands Published on Insider Monkey.
