Growth Rate of Aromatherapy Carrier Oil Market Projected at 9.4% by 2034
The global market for aromatherapy carrier oils is witnessing significant growth, with the cosmetic segment leading the charge, capturing more than 37.1% of the global share. This surge in demand can be attributed to the rising preference for chemical-free, plant-derived products, boosting the use of vegetable oils in wellness centers, spas, and personal care routines.
Several companies are introducing new products to cater to this growing demand. Falcon Essential Oils, for instance, has launched a Hemp Seed Carrier Oil, rich in omega fatty acids. Rocky Mountain Oils (RMO) has entered the scene with a 100% Pure Squalane Oil, derived from sugarcane, and enhanced their Jojoba Oil with a new cold-pressed extraction method. Edens Garden, too, has introduced a Carrier Oil Blends Collection, combining oils like Jojoba and Sweet Almond.
Plant Therapy, another key player, has launched Organic Rosehip Seed Oil, sourced from Chile, and a KidSafe Carrier Oil Blend, designed for sensitive skin and safe for children. They've also introduced a "Carrier Oil of the Month" subscription, allowing customers to explore different oils monthly. Florihana Distillerie offers certified organic and wildcrafted Argan Oil, sourced directly from Morocco, and has improved their Tamanu Oil extraction process for higher purity.
The shift toward clean beauty and heightened awareness of synthetic cosmetic side effects has accelerated the adoption of carrier oils in personal care. Government initiatives, such as agricultural sustainability projects and the cultivation of medicinal and aromatic plants, are significantly driving market growth. In India, for example, government efforts have promoted the cultivation of medicinal and aromatic plants across over 100,000 hectares.
Looking ahead, the compound annual growth rate (CAGR) of the market is projected to be 9.4% from 2025 to 2034. However, specific projections for the growth and CAGR of the global aromatherapy carrier oil market from 2025 to 2034 are not currently available. Nevertheless, if the aromatherapy carrier oil market follows trends similar to other natural health products, it might experience moderate to high growth, potentially in the range of 5% to 13% CAGR, depending on consumer demand, regulatory support, and innovations in the industry.
The leading region could vary based on factors like production capacity, consumer preferences, and market penetration. In 2024, North America led the market, holding a 42.8% share and generating USD 0.7 billion in revenue. However, other regions like Asia Pacific and Europe also play significant roles depending on the product's specific cultural and industrial relevance.
In 2024, Vegetable Oils held the dominant position in the market, accounting for over 73.5% of the total share. Edens Garden has also introduced a new Cold-Pressed Avocado Oil rich in vitamins A, D, and E. Falcon Essential Oils has expanded its Fractionated Coconut Oil line with a new MCT formulation. The global aromatherapy carrier oil market is projected to reach approximately USD 4.2 billion by 2034.
In conclusion, the aromatherapy carrier oil market is on an upward trajectory, driven by consumer demand for natural and organic products, government initiatives, and innovations in the industry. As the market continues to grow, we can expect to see more companies introducing new products and techniques to meet this demand.
People who are passionate about sports might find that carrier oils, such as Edens Garden's Cold-Pressed Avocado Oil, can provide benefits beyond aromatherapy. These oils, rich in vitamins, can be used for massage or skincare routines, potentially promoting muscle recovery and healing. With the global market for aromatherapy carrier oils projected to reach approximately USD 4.2 billion by 2034, it's possible that sports enthusiasts may discover more sports-specific products derived from carrier oils in the future.
