2024 Essential Oil Industry Trends

Portland, Oregon – February 13, 2024 The American College of Healthcare Sciences (ACHS) is a leading accredited institution specializing in online integrative and holistic health education. With a commitment to excellence and sustainability, ACHS strives to equip professionals in the industry with the knowledge and comprehension required to navigate the essential oil market.

According to Market Research Report, the Global Essential Oils Market is estimated to increase at a compound annual growth rate of around 8.8% between 2024 and 2030.¹ This reflects rising consumer beliefs in the healing benefits of essential oils without the side effects of some prescriptive medications.

Citrus oils dominate the market share due to their versatile applications and nutritional content. They are invigorating and believed to have immune-boosting, stress-relieving, and antioxidant properties.² Peppermint oil is another widely used and versatile essential oil. It can be used internally, topically, and aromatically. Peppermint oil is often used to treat colds, headaches, muscle pain, and sinus issues

Many essential oils are used in major industries such as food & beverage, personal care, cosmetics, and aromatherapy. A report from Mordor Intelligence states that essential oils are expected to be in high demand for pharmaceutical and medical applications. This is likely due to certain benefits such as eliminating harmful bacteria, relieving muscle spasms, soothing inflamed skin, and relieving muscle tension.4

As the essential oil market expands, ACHS provides top-tier essential oil and aromatherapy education. Dean of Aromatherapy, Amanda Lattin, BA, MAT, Dip. Aroma., MH, RA, shares insights: “ACHS is at the forefront of essential oil and aromatherapy education, focusing on the need for high standards in essential oil quality evaluation. We apply the latest research, current chemical analytical techniques, and best practices from domestic and international standards to evaluate the essential oils and curriculum used in our aromatherapy courses and programs.”

Amanda explains how ACHS arms students with valuable insights and skills in the field. “We believe impactful evidence-based aromatherapy starts with organic, pesticide-free essential oils. ACHS aromatherapy graduates are empowered to bring these same high standards into their work in the aromatherapy field.”

ACHS also recognizes the expanding need for access to responsibly sourced, certified organic, and pesticide-free oils. The institution offers a wide variety of these premium products for purchase via its online Apothecary Shoppe store. 

As the demand for holistic health solutions rises, ACHS remains at the forefront of this evolving industry. ACHS underscores its commitment to sustainably sourced essential oils, ensuring they retain their therapeutic properties and adhere to stringent quality standards. This dedication guarantees consumers access to oils that consistently provide the intended benefits.

About ACHS:

The American College of Healthcare Sciences (ACHS), located in Portland, Oregon, is an accredited college specializing in online holistic health education. Founded in 1978, ACHS offers a range of certificate, diploma, and degree programs in complementary alternative medicine disciplines. ACHS is dedicated to providing exceptional online education based on evidence-based research, emphasizing sustainability and global stewardship.

For questions about this press release or to learn more about customized professional development for your practice or organization, please contact Tracey Abell at president@achs.edu.   

Sources:

¹Market Research Report. (n.d.). Global Essential Oils Market Research Report: Forecast (2024-2030). MarkNtel Advisors. Retrieved January 24, 2024, from https://www.marknteladvisors.com/research-library/essential-oils-market.html

²Ibid.

³Market Analysis Report. (n.d.). Essential Oils Market Size, Share & Trends Analysis Report By Product (Orange, Cornmint, Eucalyptus), By Application (Medical, Food & Beverages, Spa & Relaxation), By Sales Channel, By Region, And Segment Forecasts, 2023 – 2030. Grand View Research. Retrieved January 24, 2024, from https://www.grandviewresearch.com/industry-analysis/essential-oils-market

4Mordor Intelligence. (n.d.). Essential Oils Market Size & Share Analysis – Growth Trends & Forecasts (2024 – 2029). Mordor Intelligence. Retrieved January 24, 2024, from https://www.mordorintelligence.com/industry-reports/essential-oils-market