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The robust growth in lavender oil sales can be attributed to the increasing consumer awareness of natural, plant-based and holistic well-being solutions.
January 1, 2024
By: Lianna Albrizio
Associate Editor
The global lavender oil market is estimated to be valued at $138.2 million in 2024, with a projected expansion to reach $267.2 million by the end of 2034, per analysis by market research firm Fact.MR. Moreover, the global demand for lavender oil is predicted to rise at a CAGR of 6.8% from 2024 to 2034. Lavender oil’s calming and stress-relieving properties are making it a sought-after ingredient in essential oil blends, which is a key factor driving its consumption, analysts...
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