The new Expert Reports study entitled ‘The Latin American Aromatherapy MarketReport and Forecast 2021-2026′, offers an in-depth analysis of the market, evaluating by mode of administration, application, end use, and key regions. The report analyzes the key success factors and limitations, also tracks the latest trends in the industry and studies their impact on the overall market. Also, assess market dynamics, analyzing key demand and price indicators, along with market analysis based on the SWOT and Porter’s Five Forces models.
The new Expert Reports report entitled, ‘Latin American Aromatherapy Market Report and Forecast 2021-2026‘, offers an in-depth analysis of the market, evaluating it on the basis of mode of delivery, application, end use and key regions. The report analyzes key success factors and constraints, tracks the latest trends in the industry, and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, along with market analysis based on SWOT and Porter’s Five Forces models.
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Highlights of the report include:
Market Overview (2016-2026)
- CAGR Forecast (2021-2026): X%
The aromatherapy market in Latin America has been registering growth due to the growing awareness of the advantages of alternative therapies and the increasing use of essential oils for therapeutic purposes. Since many essential oils have antifungal, antibacterial, antioxidant, anti-inflammatory or antiseptic properties, they help treat various diseases and conditions, including skin disorders, inflammation, stress, cold and cough, digestive problems, depression , anxiety, etc
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Furthermore, the increasing incidence of lifestyle disorders and the growing preference for naturally developed products for treatment over other medications are also factors that are increasing the demand for aromatherapy among consumers.
Definition of the industry and main segments
Aromatherapy is a holistic healing treatment that uses aromatic substances, including essential oils. It is considered an alternative or complementary form of treatment that uses various products, including diffusers, inhalers, body oils, hot and cold compresses, etc., which can be used alone or in combination. Since aromatherapy uses a wide variety of essential oils, it is sometimes referred to as essential oil therapy. These essential oils are extracted from plants and help heal the mind, body, and spirit.
By mode of delivery, the market is divided into:
- topical application
- Aerial Broadcast
- Direct Inhalation
Based on the application, the market is divided into:
- skin and Hair care
- pain management
- cough and cold
- scar management
Based on end use, the market is divided into:
- Domestic use
- Spa and Wellness Centers
- Hospitals and Clinics
- Yoga and Meditation Centers
Key regions covered include:
Aromatherapy is increasingly used for relaxation, stress and pain management, skin conditions, etc. One of the trends that is observed is the inclination of people towards therapy and natural treatment to treat various disorders and skin problems. This trend has gained even more momentum as the side effects of aromatherapy are negligible compared to certain medications. Therefore, this growing preference for natural treatment options as a substitute for drugs and medical treatments is fueling the growth of the aromatherapy market in the region.
Scar management is also another application segment that is seeing growth as essential oils are effective in reducing scars caused by surgeries or accidents. In addition, cancer patients also use aromatherapy as supportive care to reduce levels of anxiety, stress, muscle tension, pain, and fatigue. Therefore, the increasing prevalence of cancer in Latin America, such as breast cancer, prostate cancer, and thyroid cancer, will further increase the demand for aromatherapy during the forecast period.
Key market players
The main players in the market are:
- Young Living Essential Oils
- D-Terra Solutions
- mountain rose herbs
- border cooperative
- edens garden inc.
- Florihana Distillery
- Rocky Mountain Oils, LLC
This report covers the most recent market shares, expansions, investments, and mergers and acquisitions among other developments of these industry players.
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers consulting and market research services to a broad base of clients in Spanish-speaking countries. With our primary focus on the Latin American and Spanish markets, our research experts provide relevant and actionable market insights and track major trends, economic developments, and global trade data.
Determined to achieve customer satisfaction, we ensure that our customized approach meets the customer’s unique market intelligence requirements. Our syndicated and custom research reports cover a broad spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics and transportation.
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