Global Agarwood Essential Oil Market Size | Escentia, Biofinest LLC, Augustus Oils Ltd., Aromaaz International

Global for Agarwood Essential Oil Market was anticipated to be USD 235.9 million in 2023. It is expected to expand at a compound annual growth rate (CAGR) of 6.53% from 2024 to 2031, reaching USD 249.5 million in 2024.

The global agarwood essential oil market is experiencing significant growth driven by increasing consumer demand for natural and organic products. Renowned for its unique fragrance and therapeutic properties, agarwood essential oil is extensively used in perfumes, incense, cosmetics, and aromatherapy. The market's expansion is attributed to the rising popularity of aromatherapy, the health benefits of essential oils, and the shift towards natural ingredients in personal care products.

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List of Key Companies in Agarwood Essential Oil Market:-

Aromaaz International
Augustus Oils
Binh Nghia Agarwood Co
Biofinest LLC
Escentia
Essential Oils Company
Essentially Natural
Hoang Giang Agarwood
Sai Export India
Sva Naturals