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The Essential Oils and Oleoresins Industry was valued at USD 14.54 billion in 2023 and is projected to reach nearly USD 26.75 billion by 2030, growing at a robust CAGR of 9.1% during the forecast period. Essential oils are concentrated extracts obtained from plant sources through steam distillation, known for their...

Market Estimation & Definition The Oleoresins Industry —purified, semi‑solid plant extracts concentrating essential oils and resinous substances—is estimated to be between USD 1.4 billion and USD 1.9 billion in 2023‑2024. Forecasts indicate it could expand to approximately USD 2.3 billion to USD 3.2 billion by 2030–2033....