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Essential Oil Market Size Primed to Grow by $10.3 Billion by 2028: Technavio

The essential oil market has experienced notable growth due to the introduction of ultrasonic diffusers.

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By: Lianna Albrizio

Associate Editor

Selection of essential oils, with herbs and flowers in the background

The global essential oil market size is estimated to grow by $10.30 billion from 2024-2028, according to market research firm Technavio. The market is estimated to grow at a CAGR of nearly 11.43% during the forecast period, according to analysts. Key Market Trends Fueling Growth The essential oil market has experienced notable growth due to the introduction of ultrasonic diffusers. These innovative devices use ultrasonic vibrations to disperse essential oils as a fine mist, preserving t...

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