Market Overview:
The global natural fragrance ingredients market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural fragrances from consumers across the globe, owing to their benefits such as being eco-friendly and non-toxic. In addition, the growing awareness about the health benefits of using natural fragrances is also contributing significantly towards the growth of this market. Based on type, flower based fragrance ingredients are expected to account for a major share of the global natural fragrance ingredients market during the forecast period. This can be attributed to their wide usage in cosmetics and household care products owing to their pleasant smell and long lasting effect.
Product Definition:
A natural fragrance is a scent that is derived from plants, flowers, fruits, and other parts of the natural world. Many people believe that natural fragrances are more pleasant than synthetic fragrances. Natural fragrances are also considered to be more healthful because they do not contain any harmful chemicals.
Flower Based:
Flower-based fragrances are extracted from the petals, stems and leaves of flowers. The main components in flower-based fragrances include terpenes (terpenoids), ketones (carnas/carbonelles) and alcohols. These three basic ingredients are used to make many natural fragrance products such as essential oils, aroma chemicals and esters.
Wood Based:
Wood-based fragrances are natural ingredients derived from plants. They are extracted from the essential oils of trees and plants through steam distillation. The process does not harm the plant, hence it is considered a sustainable process. Essential oils that are used in wood based fragrance include sandalwood, cedarwood, bergamot, ylang-ylang and jasmine among others.
Application Insights:
Household care was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Increasing use of essential oils in household cleaners, air fresheners, fabric softeners and sanitizing agents is expected to drive demand from natural fragrance ingredients. Growing preference for home cleaning products as they do not contain harmful chemicals is likely to propel market growth over the coming years.
The cosmetics segment accounted for a share of 15% in terms of volume in 2017 owing to rising awareness about personal hygiene among consumers across various regions globally. Essential oils are used as raw materials by several cosmetic manufacturers due to their antibacterial, antiseptic and antioxidant properties that help prevent skin damage caused by free radicals present during normal metabolism processes inside human body. These factors are expected fuel product demand from within the cosmetics industry over the forecast period.
Regional Analysis:
North America dominated the global natural fragrance ingredients market in 2017. The region is expected to witness a considerable growth rate of 5.9% over the forecast period, owing to increasing consumer awareness regarding health and well-being, along with rising spending on cosmetics products. Increasing demand for organic products has also led to an increase in sales of natural fragrance ingredients across this region.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rapid urbanization and industrialization leading towards economic development.
Growth Factors:
- Increasing demand for natural fragrances from the personal care and cosmetics industry.
- Rising awareness about the benefits of using natural ingredients in fragrances.
- Growing popularity of aromatherapy and essential oils-based products.
- Proliferation of online retail channels that offer a wide range of natural fragrance ingredients products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Fragrance Ingredients Market Research Report
By Type
Flower Based, Wood Based, Musk Based, Fruit Based, Spice Based, Others
By Application
Household Care, Cosmetics
By Companies
Takasago International, Firmenich, Givaudan, Huabao, Symrise, International Flavors and Fragrances, Takasago International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Natural Fragrance Ingredients Market Report Segments:
The global Natural Fragrance Ingredients market is segmented on the basis of:
Types
Flower Based, Wood Based, Musk Based, Fruit Based, Spice Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household Care, Cosmetics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Takasago International
- Firmenich
- Givaudan
- Huabao
- Symrise
- International Flavors and Fragrances
- Takasago International
Highlights of The Natural Fragrance Ingredients Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flower Based
- Wood Based
- Musk Based
- Fruit Based
- Spice Based
- Others
- By Application:
- Household Care
- Cosmetics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Fragrance Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural fragrance ingredients are those that are derived from plants.
Some of the major companies in the natural fragrance ingredients market are Takasago International, Firmenich, Givaudan, Huabao, Symrise, International Flavors and Fragrances, Takasago International.
The natural fragrance ingredients market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Natural Fragrance Ingredients Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Natural Fragrance Ingredients Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Natural Fragrance Ingredients Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Natural Fragrance Ingredients Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Natural Fragrance Ingredients Market Size & Forecast, 2020-2028 4.5.1 Natural Fragrance Ingredients Market Size and Y-o-Y Growth 4.5.2 Natural Fragrance Ingredients Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flower Based
5.2.2 Wood Based
5.2.3 Musk Based
5.2.4 Fruit Based
5.2.5 Spice Based
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household Care
6.2.2 Cosmetics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural Fragrance Ingredients Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Natural Fragrance Ingredients Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flower Based
9.6.2 Wood Based
9.6.3 Musk Based
9.6.4 Fruit Based
9.6.5 Spice Based
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household Care
9.10.2 Cosmetics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flower Based
10.6.2 Wood Based
10.6.3 Musk Based
10.6.4 Fruit Based
10.6.5 Spice Based
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household Care
10.10.2 Cosmetics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flower Based
11.6.2 Wood Based
11.6.3 Musk Based
11.6.4 Fruit Based
11.6.5 Spice Based
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household Care
11.10.2 Cosmetics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flower Based
12.6.2 Wood Based
12.6.3 Musk Based
12.6.4 Fruit Based
12.6.5 Spice Based
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household Care
12.10.2 Cosmetics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flower Based
13.6.2 Wood Based
13.6.3 Musk Based
13.6.4 Fruit Based
13.6.5 Spice Based
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household Care
13.10.2 Cosmetics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Natural Fragrance Ingredients Market: Competitive Dashboard
14.2 Global Natural Fragrance Ingredients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Takasago International
14.3.2 Firmenich
14.3.3 Givaudan
14.3.4 Huabao
14.3.5 Symrise
14.3.6 International Flavors and Fragrances
14.3.7 Takasago International