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1 Market overview
1.1 Definition and presentation of the aromatherapy market
Aromatherapy consists of the use of essential oils for medicinal purposes. This market is at the crossroads of the essential oils market and phytotherapy, the discipline of practicing medicine using the natural active ingredients of plants. Some essential oils, for example, are used for lack of sleep, digestive problems or respiratory disorders.
Undoubtedly fashionable, the global aromatherapy market is booming and set to remain so until 2026, with an estimated average annual growth rate of 10.4% [Data Bridge Market]. This strong growth can be explained by a growing interest in health and well-being, and in particular in natural and organic products. The use of aromatherapy is thus gradually spreading to a consumer base far broader than that of initiates and experts.
Spain is no exception to the strong growth of aromatherapy, with domestic consumers increasingly attentive to the products they use for their well-being. In addition, the Spanish aromatherapy market can rely on strong domestic production of essential oils, ensuring a high-quality domestic supply and reducing the dependence of players on possible fluctuations in imports.
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the aromatherapy market | Spain
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Malcolm Vincent
Astoria Finance
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Stags Participations
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PWC
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BCG
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