ESSENTIAL OIL MARKET IN INDIA:
AN OVERVIEW:
India Essential Oils Market size was valued at USD 149.63 Million in 2020 and is projected to
reach USD 239.85 Million by 2028, growing at a CAGR of 6.97% from 2021 to 2028.
The growth of the India Essential Oils Market might be associated with several factors, the most
significant of these is the overall increase in salary over the last decade. Tastes and preferences had
also started to shift more toward premium technologies as incomes have continued to increase.
Therefore, it acts as a driver for the growth of India’s Essential oil over the predicted period.
It is basically driven by 4 factors mainly which includes,
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Product type
Application
Geography
Key players
THE FOLLOWING IS THE STATISTICAL ANALYSIS OF THE ESSENTIAL OIL MARKET SIZE COMPARISION
IN INDIA BASED ON THE FUTURE TRENDS OF THE MARKET.
#1 Competitor in INDIA: BMV FRAGRANCES PVT.LTD
Company name – BMV FRAGRANCES PVT.LTD
About the Company – Established in the year 1990.It is a Manufacturer of World Class 100% Pure &
Natural Essential Oils, Resins, Perfume Oils and Fragrance Oils. Since their inception in the year 1990,
the primary objective of BMV has been to passionately work towards the creation of a nature
friendly environment. BMV is well known across the perfumery industry as a company true to its
authenticity and values with every step marked by creativity and innovation. BMV fragrances
believes in the power of knowledge and commitment for the satisfaction of our customers across
the globe.
Location : Office number J-44 & 45, site 5, suraj pur industrial area, Site V, Kasna, Greater Noida,
Uttar Pradesh, 201308, India
Contact information : Tel NO : +91 8800397839
Email : info@bmvfragrances.com
Operating revenues range is INR 1 crore - 100 crore
Products manufacturing include tea tree oil, Rosemary oil, Saffron oil, Lavandin, Lemon oil, Licorice
oil etc.
Certificates obtained: ISO 9001, ISO 14001, Certificate of compliance, Euroglobal certifications
(HACCP) & ISO 45001.
#2 Competitor: Indian Aroma Exports
Indian Aroma & co. group Established in 1969 is operating for the last 40 years as Exporters and
wholesalers of Essential Oils from , H-472, Awas Vikas, Kalyapur, Kanpur - 208017, Uttar Pradesh,
India.
It’s a sole proprietary company having at its helm Mr. Vishal Sharma supported by a competent
workforce of 100 Employees, Its annual turnover Rs 10-25 Crores
Its products are exported across the globe to Europe, Asia, USA, Middle East Hong Kong & China
Its manufacturing units started in 1969 near Kannauj District in Uttar Pradesh undertaking distillation
of Natural Essential Oils, Spice Oils, Carrier Oils, Mint Oils and Floral Absolutes on a large scale like
Cypriol, Ajowain Oil, Cumin Oil, Dill Seed Oil, Carrot Seed Oil, Juniper Berry Oil, Sugandh Mantri Oil,
Valerian Root Oil, etc. It holds stocks of key ingredients in the INDIA, Its excellent quality, ecofriendly and purity had created a big market for its product line.
It operates to the highest ethical and environmental standards, actively support organic farming,
manages collection of wild plants, biodiversity and rural livelihoods.
Quality control process starts right from the procurement of raw material to the final dispatch and
goes until the final delivery.
As a client-centric company it uses top-quality ingredients in its natural oils so as to
formulate the efficacious and high-grade beauty products for the market. Its efficient and
experienced team of quality inspectors tests the entire range of products on the numerous
parameters:
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Purity
Side effects on body
Aroma
Color
It believes that understanding of the buyer's requirements and providing an exemplary service
through quality control, expertise, experience, sincere intention, intelligent guidance and
consummate execution with efficient management of the supply chain are key to its success.
It has obtained a 100% customer satisfaction guarantee and high effectiveness. It’s an ISO 9001:
2008 certified company ;
Certificates - HACCP ( Hazard Analysis Critical Control Point) Certificated; GMP (Good Manufacturing
Practices); and Certificate of Quality.