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The global essential oils market was valued at USD 12.47 billion in 2024 and is expected to expand from USD 13.66 billion in 2025 to USD 27.82 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 10.69% during the forecast period. In 2024, Europe led the market, holding 43.46% of the global share.
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