Myrrh Oil Market Size, Share, Growth, and Industry Analysis, By Types (>95%, <92%, Others), By Applications Covered (Pharmaceutical, Cosmetics & Personal Care, Food & Beverages), Regional Insights and Forecast to 2033

Myrrh Oil Market Size

The Myrrh Oil Market size was USD 242.97 million in 2024 and is expected to reach USD 253.68 million in 2025, growing to USD 358.28 million by 2033, reflecting a growth rate of 4.41% during the forecast period from 2025 to 2033.

The U.S. myrrh oil market is expanding due to increasing demand for natural wellness products, particularly in cosmetics and healthcare sectors. Consumer preference for organic and therapeutic ingredients is driving growth in this region.

The myrrh oil market is seeing significant growth due to its increasing applications in pharmaceuticals, cosmetics, and aromatherapy. In 2024, the market accounted for 0.65% of the global essential oils market and is expected to grow to 0.85% by 2031. This growth is primarily driven by the rising demand for natural, organic products and the expanding awareness of the health benefits of myrrh oil. Myrrh oil is especially popular for its anti-inflammatory, antimicrobial, and antioxidant properties, which contribute to its increasing adoption across personal care and medicinal applications.

Myrrh Oil Market Trends

The myrrh oil market is shaped by several key trends. The demand for myrrh oil in personal care products has grown by 18%, driven by its use in skincare, haircare, and anti-aging formulations. As consumers shift towards natural and organic products, the adoption of myrrh oil in these industries has increased by 15%. Additionally, myrrh oil's role in aromatherapy and holistic health practices is expanding, with a 20% rise in its use in wellness-related applications. The increasing preference for natural remedies has contributed to a 14% boost in myrrh oil's market share in the aromatherapy sector. Geographically, the Asia-Pacific region has witnessed a 12% increase in demand, driven by the region's traditional use of myrrh and the growing consumer interest in natural health solutions.

Myrrh Oil Market Dynamics

The myrrh oil market is influenced by several dynamics. The primary driver is the growing preference for natural and organic products, with consumer demand increasing by 16% in recent years. Myrrh oil's therapeutic properties, including its anti-inflammatory and antioxidant effects, have led to a 14% increase in its use across healthcare and personal care sectors. However, the market faces certain restraints, such as the high production costs associated with sourcing myrrh, which have raised prices by 10%. The limited availability of raw materials, primarily sourced from regions like the Horn of Africa and parts of the Arabian Peninsula, has further strained supply, leading to concerns about consistency in product availability. Despite these challenges, opportunities exist in the development of sustainable sourcing practices, with interest in eco-friendly extraction methods rising by 12%. The market is also seeing a 15% increase in demand for premium myrrh oil products, particularly in high-end cosmetics and therapeutic applications.

Drivers of Market Growth

"Increasing Demand for Natural and Organic Products"

The rising consumer preference for natural and organic products is a key driver for the growth of the myrrh oil market. Over the past few years, demand for natural skincare and therapeutic products has increased by 20%, as consumers increasingly seek products that offer healing properties without synthetic ingredients. Myrrh oil, known for its anti-inflammatory, antimicrobial, and antioxidant effects, has seen a 15% increase in adoption across the personal care, health, and wellness sectors. The growing awareness of myrrh oil’s benefits, along with its non-toxic, natural composition, has made it a popular choice for use in skincare and aromatherapy.

Market Restraints

"Limited Raw Material Supply and High Production Costs"

The primary restraint in the myrrh oil market is the limited availability of raw materials, as myrrh is predominantly sourced from regions in Africa and the Arabian Peninsula. The dependence on a few geographical regions has led to volatility in supply, with fluctuations in availability driving up prices by 10%. Additionally, the process of extracting and producing high-quality myrrh oil is labor-intensive and costly, contributing to increased production costs. These high costs pose challenges for manufacturers, especially small and medium enterprises that are unable to scale production or secure consistent, affordable raw materials, thus limiting market growth in certain regions.

Market Opportunities

" Expansion of Aromatherapy and Holistic Health Applications"

The growing popularity of aromatherapy and holistic health practices presents a significant opportunity for the myrrh oil market. The increasing consumer interest in natural healing and wellness products has driven a 12% rise in the adoption of myrrh oil in aromatherapy. Myrrh oil’s calming, soothing, and purifying properties make it a preferred choice for stress relief, improving mood, and enhancing spiritual well-being. The increasing global focus on mental health and self-care is expected to fuel this trend further, opening new opportunities for manufacturers to target the wellness industry, as more individuals turn to essential oils for holistic healing.

Market Challenges

" Ensuring Authenticity and Quality Control"

A significant challenge in the myrrh oil market is ensuring the authenticity and quality of the product. The myrrh oil market has experienced issues related to adulteration, with some suppliers mixing myrrh oil with lower-quality oils to reduce costs, impacting product integrity. As much as 18% of the market has been affected by counterfeit or diluted products, which can undermine consumer trust and lead to inconsistent results. Manufacturers must implement stringent quality control measures and certification processes to combat these challenges. Additionally, educating consumers about the importance of high-quality, pure myrrh oil remains a critical task to maintain market growth.

Segmentation Analysis

The myrrh oil market is segmented by type and application, each serving distinct needs across various industries. By type, the market is divided into >95%, <92%, and others based on the purity of the oil. The purity level significantly affects the oil’s efficacy and is a key consideration for consumers and businesses alike. Myrrh oil is used across a range of applications, including pharmaceuticals, cosmetics and personal care, and food and beverages. Each application has its own specific requirements for purity and quality, influencing market demand and growth in these sectors.

By Type

• >95%: Myrrh oil with a purity level of >95% holds a significant share of the market, accounting for around 55% of total demand. The high purity makes this grade particularly popular in the pharmaceutical and cosmetics industries, where the oil's therapeutic and healing properties are valued. Its high concentration is used in formulations for skin care, pain relief, and respiratory health. With a greater emphasis on high-quality, natural ingredients in both personal care products and alternative medicine, the demand for >95% purity myrrh oil continues to grow, particularly in premium products targeted at health-conscious consumers.

• <92%: Myrrh oil with a purity level of <92% accounts for approximately 30% of the market share. This grade is more commonly used in applications that do not require the high therapeutic quality found in purer forms. For instance, it is often used in less specialized cosmetics, home care products, and some food flavoring. The demand for <92% purity myrrh oil is driven by cost-sensitive industries that need a functional but more affordable version of the oil, making it particularly popular in the food and beverage industry, where the oil is used for flavor enhancement or aromatic purposes.

• Others: The remaining 15% of the market comprises other grades of myrrh oil that do not fall into the >95% or <92% categories. These oils are often used in more industrial applications or in mixed formulations where high purity is not a critical factor. This category includes oils used in bulk manufacturing of products such as cleaning agents and certain wellness products. The demand for these other grades is largely driven by manufacturers seeking a balance between cost and quality, especially in products where myrrh oil is an ingredient rather than the primary focus.

By Application

• Pharmaceutical: The pharmaceutical application of myrrh oil is one of the largest segments in the market, accounting for about 45% of total demand. Myrrh oil is valued for its anti-inflammatory, antimicrobial, and pain-relieving properties, making it ideal for use in various medicinal products. It is commonly included in formulations for treating conditions such as skin infections, digestive issues, and respiratory problems. The growing consumer preference for natural remedies and the increasing use of essential oils in alternative medicine is driving this segment's growth.

• Cosmetics & Personal Care: Myrrh oil's use in cosmetics and personal care products represents approximately 35% of the market. Its antioxidant and anti-aging properties make it a popular ingredient in skin care formulations, particularly in anti-aging creams, moisturizers, and serums. The growing trend toward natural and organic beauty products has significantly boosted demand for myrrh oil in this sector. The oil is also used in hair care products for its ability to promote scalp health and improve hair texture, contributing to its widespread adoption in the personal care industry.

• Food & Beverages: The food and beverages segment accounts for around 15% of the myrrh oil market. Myrrh oil is used as a flavoring agent in various food products, particularly in beverages and confectionery. It is prized for its aromatic qualities and its ability to add depth and complexity to flavors. Additionally, myrrh oil is sometimes used in herbal teas and medicinal foods for its potential health benefits, such as aiding digestion and providing immune support. The demand for natural flavoring agents in the food industry is driving growth in this segment.

Myrrh Oil Regional Outlook

The myrrh oil market shows significant growth across various regions, with North America, Europe, Asia-Pacific, and the Middle East & Africa experiencing increasing demand. North America and Europe remain strong markets due to the high demand for myrrh oil in pharmaceuticals, cosmetics, and wellness products. Asia-Pacific is emerging as a key growth region, driven by the increasing use of myrrh oil in traditional medicine and personal care products. The Middle East & Africa, where myrrh has historically been used, continues to show steady demand for this essential oil in a range of applications.

North America

North America holds a significant share of the myrrh oil market, representing approximately 35% of global demand. The U.S. is the largest consumer, driven by the growing demand for natural and organic products in the pharmaceutical and personal care industries. The preference for herbal remedies, especially in the wellness and health sectors, is fueling growth in myrrh oil demand. The rise in consumer awareness about the benefits of essential oils, particularly in aromatherapy and skincare, is also contributing to the expansion of the myrrh oil market in North America.

Europe

Europe accounts for about 30% of the global myrrh oil market. The region has a strong presence in the cosmetics and personal care sector, where myrrh oil is increasingly used in anti-aging creams, moisturizers, and other skin care formulations. The growing trend of using natural and organic ingredients in personal care products has significantly boosted demand for myrrh oil. Countries like Germany, France, and the U.K. are major contributors to the market, with a strong focus on high-quality, premium products in the cosmetic industry driving growth.

Asia-Pacific

Asia-Pacific is the fastest-growing region for the myrrh oil market, representing approximately 25% of global demand. Countries like China and India are major consumers due to the traditional use of myrrh in Ayurveda and Chinese medicine. The rise in disposable income and growing interest in wellness and natural products are driving demand for myrrh oil in this region. Additionally, the expanding personal care market in countries like Japan and South Korea, where natural and organic beauty products are increasingly popular, is further fueling the demand for myrrh oil.

Middle East & Africa

The Middle East & Africa region accounts for around 10% of the global myrrh oil market. Myrrh has historically been used in this region for its medicinal and spiritual properties, and it remains an essential part of traditional practices. Countries like Saudi Arabia, the UAE, and Egypt continue to show steady demand for myrrh oil, particularly in religious and therapeutic applications. The region's rich history with myrrh oil, coupled with its growing demand for natural health products, contributes to stable market growth.

List of Key Myrrh Oil Market Companies Profiled

• GoDesana
• Fengzu Biological
• Mountain Rose Herbs
• DoTERRA International
• Shaanxi Yuanjian Biological
• Venkatramna Industries
• Plant Therapy
• The Good Scents Company

Top 2 Companies with Highest Market Share

1. DoTERRA International – holds approximately 30% of the global myrrh oil market share.
2. Mountain Rose Herbs – holds approximately 18% of the global myrrh oil market share.

Investment Analysis and Opportunities

The myrrh oil market presents several key investment opportunities, driven by rising demand for natural and organic ingredients across industries such as pharmaceuticals, cosmetics, and food & beverages. The shift toward natural and organic products in the personal care industry has led to a 15% increase in the demand for myrrh oil in cosmetics, particularly in skin care formulations like anti-aging creams and moisturizers. Investors are increasingly focused on companies that specialize in high-quality, sustainably sourced myrrh oil, as consumers become more conscious about product purity and ethical sourcing. Additionally, the growing interest in aromatherapy and natural wellness products is contributing to the expansion of the myrrh oil market, particularly in North America and Europe, where wellness trends continue to drive growth. Moreover, the rising demand for holistic health solutions in emerging markets such as Asia-Pacific is expected to increase investments in the region by 12%. Myrrh oil’s therapeutic properties, including anti-inflammatory, antimicrobial, and antioxidant effects, make it an attractive option for both health and beauty industries, presenting a diverse range of growth opportunities. The integration of sustainability practices in myrrh oil production, coupled with innovations in extraction technologies, is likely to further boost market potential and attract strategic investments from leading market players.

New Product Development

New product development is a key focus in the myrrh oil market, with companies continually innovating to meet consumer demand for high-quality, sustainable, and effective products. In 2024, DoTERRA International launched a premium line of myrrh oil-based products designed for skin care and wellness applications. These products have gained traction due to their enhanced purity and the company’s focus on sustainable sourcing practices, with a 10% increase in sales for the product line within the first quarter of launch. Plant Therapy introduced a new blend of essential oils, including myrrh, formulated for respiratory support and immune health. This new product was met with high consumer demand, particularly in markets focused on natural health remedies. Mountain Rose Herbs expanded its myrrh oil offerings in 2025 by incorporating organic and fair-trade certified myrrh in their formulations, appealing to eco-conscious consumers and businesses. Other companies, such as Fengzu Biological, have been developing myrrh oil-based personal care products, with a focus on anti-aging and moisturizing properties, tapping into the growing demand for organic beauty solutions. As consumer interest in wellness and natural beauty continues to rise, these innovations are expected to drive further market growth, especially in the premium segment.

Recent Developments by Manufacturers in Myrrh Oil Market 

• DoTERRA International launched a premium line of myrrh oil-based skin care products in early 2024, boosting sales by 10%.

• Mountain Rose Herbs introduced an organic and fair-trade certified myrrh oil product line in 2025, attracting environmentally conscious consumers.

• Plant Therapy developed a new myrrh oil-based blend for respiratory support and immune health in late 2024, which became highly popular in natural wellness communities.

• Fengzu Biological expanded its myrrh oil offerings in 2025, focusing on high-quality, natural ingredients for personal care and wellness applications.

• Venkatramna Industries launched an enhanced extraction process for myrrh oil in 2024, improving product yield by 12% and reducing production costs.

Report Coverage of Myrrh Oil Market

The myrrh oil market report provides a detailed analysis of key market dynamics, including drivers, challenges, and opportunities. The report covers segmentation by type, including >95% and <92% purity levels, and explores the applications of myrrh oil in pharmaceuticals, cosmetics & personal care, and food & beverages. The pharmaceutical sector is identified as a major contributor, with myrrh oil’s anti-inflammatory and antimicrobial properties driving its use in health-related applications. In cosmetics and personal care, myrrh oil is gaining popularity due to its skincare and anti-aging benefits. The report also focuses on the regional outlook, with strong demand in North America, Europe, and Asia-Pacific. Key players such as DoTERRA International, Mountain Rose Herbs, and Plant Therapy are profiled, alongside their strategies and market share. Additionally, the report examines recent product developments, highlighting innovations in sustainable sourcing, product formulations, and extraction techniques. Investment opportunities are explored, particularly in sustainable sourcing practices and premium product lines. The report provides insights into the competitive landscape, offering a comprehensive view of the myrrh oil market’s growth potential.