Aromatherapy Market size was valued at USD 2.05 Billion in 2023 and is likely to reach USD 9.35 Billion by the end of 2036, registering around 12.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of aromatherapy is assessed at USD 2.28 Billion. The growth of the market can primarily be attributed to the rising cases of insomnia across the globe. A report published by the National Library of Medicine showed that 10% to 30% of the population suffer from insomnia which even reached 50% to 60%.
Aromatherapy refers to the holistic healing treatment, in which natural aromatic extracts and essential oils are used to heal and cure particular disorders and diseases. Before conducting aromatherapy, the practitioner or respective medical professional collects all the information about the medical history of the patients. Global aromatherapy market trends such as a rising inclination toward personal hygiene and organic products and the increasing prevalence of cardiovascular diseases, anxiety, and immune system dysfunction are projected to influence the market growth positively over the forecast period. In 2020, approximately 60% of the people were found to be living with anxiety across the globe while the United States was observed to be the most prevalent area.
Author Credits: Radhika Pawar
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