Data Visualization

Blog of the Data Visualization & Communication Course at OSB-AUB

“This is my favorite part about analytics: Taking boring flat data and bringing it to life through visualization” John Tukey

I AM ON OILS…💧

I AM ON OILS…💧

by | Jul 29, 2022 | Dashboard

Contributor: Mazen Eid

Introduction

” I AM ON OILS ” the funniest statement I ever heard for the first time in my life. The story goes back to 2016 when I was visiting my cousins in the US, I was feeling a bit unwell post my trip from New York due to change of weather. My first request to my cousin was, do you have Panadol? I was literally bashed with a reply, you guys still take pills? We are living on oils! The answer intrigued my attention to know more about the oils. How are they consumed? Who produces such oils? All these questions came to my mind at once. I had my share of the oils and next day I woke up fine as if nothing happened. It was my first time trying essential oils on myself and discovering how effective they are on our health. My journey started that day  to explore the world of essential oils and its benefits.In 2018, I became Dōterra Wellness Advocate after taking a full course on essential oils. Dōterra is the leading company in the United States that produces essential oils.My passion for essential oils grew as it became part of my daily lifestyle, It introduced me to the world of wellness and a healthy living. Dōterra in latin means ” Gift from Earth “.

History

The origins of essential oils date back at least a thousand years, and have been used for medicinal purposes for at least as long. Essential oils are concentrated oils derived from plants that are described as containing “the essence” of the plant. Essential oil can be derived from nearly any plant matter imaginable, from flowers to tree bark. Today, essential oils are used less for medical purposes and more for aromatherapy, skincare, and alternative healing practices.

Facts

Let’s talk about numbers, the global market value of essential oils grew dramatically from 17.36 Billion USD in 2017 to forecast of 27.49 Billion USD in 2022 (source: statista.com). That’s an increase of 58% within a period of five years only.  The top producers worldwide of essential oils are China followed by India and Indonesia.The global impact of COVID-19 has been significant, with essential oils witnessing a positive effect on demand across all regions amid the pandemic. COVID-19 boosted the demand for oils across the aromatherapy and personal care industry.

Why would you inject chemicals in your body when you know that nature is the cure? With the booming of essential oil markets, we also witness a solid war backed up by the FDA against essential oil companies as they are taking a big share of the market. Every year, thousands of lawsuits are filed accusing Essential Oils companies of misleading information to consumers. However, people are becoming more aware and listening to their bodies, and this is evident as consumers’ consumption oils increased dramatically over time. The global aromatherapy market size was estimated at USD 27.49 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 11.6% from 2022 to 2028. Awareness is needed within our societies to educate and encourage people to return to Mother Nature. Our bodies are sacred and we need to respect that! 
THE GREATEST MEDICINE OF ALL IS TO TEACH PEOPLE HOW NOT TO NEED IT!

The below tableau workbook will give you insights on the drug and essential oils industry with global statistics covering topics such as production, consumption, sales and top essential oils companies.