ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 70
  • SKU: IRCMSTR14553

Global Essential Oils Category - Procurement Market Intelligence Report

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SpendEdge’s Essential Oils Procurement Market Intelligence Report is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Essential Oils - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for global essential oils supply market is the increasing adoption of the use of essential oils in the perfume, food, and pharmaceutical industries due to their therapeutic, antimicrobial, antioxidant, and biological properties. Moreover, the prominent biological properties exhibited by essential oils are anticancer, antifungal, anti-inflammatory, antioxidant, and antibacterial.

 

Essential Oils – Procurement Best Practices

Buyers should ensure that they engage with suppliers that work directly with independent farmers and distillers as this will provide them visibility into the production capacity and help in knowing about the effectiveness of production and weather conditions. A key strategy adopted by procurement managers in this market space is to engage with suppliers that are directly involved in partnerships with distillers and independent farmers.

 

 Essential Oils - Procurement Challenges

A major procurement pain point experienced by the buyers is the difficulty in differentiating high-quality oils from sub-standard/adulterated oils. SpendEdge’s procurement specialists predict that the buyers must engage with suppliers that have quality certifications that will ensure purity of the essential oils provided and to counter this specific procurement pain point.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Essential Oils - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for global essential oils supply market is the increasing adoption of the use of essential oils in the perfume, food, and pharmaceutical industries due to their therapeutic, antimicrobial, antioxidant, and biological properties. Moreover, the prominent biological properties exhibited by essential oils are anticancer, antifungal, anti-inflammatory, antioxidant, and antibacterial.

 

Essential Oils – Procurement Best Practices

Buyers should ensure that they engage with suppliers that work directly with independent farmers and distillers as this will provide them visibility into the production capacity and help in knowing about the effectiveness of production and weather conditions. A key strategy adopted by procurement managers in this market space is to engage with suppliers that are directly involved in partnerships with distillers and independent farmers.

 

 Essential Oils - Procurement Challenges

A major procurement pain point experienced by the buyers is the difficulty in differentiating high-quality oils from sub-standard/adulterated oils. SpendEdge’s procurement specialists predict that the buyers must engage with suppliers that have quality certifications that will ensure purity of the essential oils provided and to counter this specific procurement pain point.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.  

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

  • Market Overview
  • Category Maturity by Regions
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities
  • Major Category Requirements
  • Major Procurement Pain Points

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Key Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Procurement Best Practices
  • History of Innovation
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • SWOT Analysis
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Regional Supplier Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Regional Supplier Functional Capability Matrix
  • Key Clients
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
  • Supplier Selection Criteria

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Model Pros and Cons
  • Indicative Pricing
  • Category Negotiation Strategies

PART 6: CATEGORY ESSENTIALS

  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS

  • doTERRA
  • Young Living
  • Biolandes
  • Sydney Essential Oil
  • Lebermuth

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: SUMMARY

  • Research Objectives and Methodology
  • Category Definition

PART 2: CATEGORY AT A GLANCE

  • Market Overview
  • Category Maturity by Regions
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities
  • Major Category Requirements
  • Major Procurement Pain Points

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Key Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Procurement Best Practices
  • History of Innovation
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • SWOT Analysis
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Regional Supplier Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Regional Supplier Functional Capability Matrix
  • Key Clients
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
  • Supplier Selection Criteria

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Model Pros and Cons
  • Indicative Pricing
  • Category Negotiation Strategies

PART 6: CATEGORY ESSENTIALS

  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS

  • doTERRA
  • Young Living
  • Biolandes
  • Sydney Essential Oil
  • Lebermuth

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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