Market Overview:
The global natural fragrance market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for natural fragrances from various applications, increasing awareness about the benefits of using natural fragrances, and growing inclination of consumers towards organic products. Based on type, the global natural fragrance market is segmented into flower based, fruit based, spice based, wood based and musk. Among these segments, the flower-based segment is expected to account for a major share of the global market in terms of revenue during the forecast period. This can be attributed to high demand for floral scents from various applications such as food and cosmetics. Based on application, the global natural fragrance market is segmented into food industry, household care industry and cosmetics industry. The food industry accounted for a major share of revenue generated by this market in 2017 owing to high demand for naturally derived flavors from this sector across different regions worldwide.
Product Definition:
A natural fragrance is a scent that is derived from plants, flowers, or other organic materials. They are often used in perfumes and cosmetics to create a pleasant smell. Natural fragrances are important because they can provide relief from stress and anxiety, improve moods, and promote relaxation.
Flower Based:
Flower-based fragrances are derived from the essential oils and aroma chemicals found in flowers. These fragrances have been used by humans for thousands of years as they possess natural healing properties. The use of flower-based fragrances has grown significantly over the past few decades owing to their health benefits, which include stress relief, improved mood, memory enhancement and focus on mental health among others.
Fruit Based:
Fruit-based fragrances are produced by extracting fruit aroma and essential oils. The most commonly used fruits for producing these fragrances include apple, orange, banana, grapefruit, tangerine and lemon. These products have gained high popularity in the recent past owing to their ability to provide a sweet fragrance with natural ingredients.
Application Insights:
The food application segment led the global natural fragrance market in 2017. The product is widely used in bakery, dairy and confectionery products. Rising demand for organic foods across the globe is expected to be a key factor driving growth over the forecast period. Cosmetics application was second largest segment in 2017 and accounted for more than 30% of total revenue share that year owing to rising consumer awareness about personal hygiene and skin care coupled with increasing spending capacity of consumers globally.
Regional Analysis:
North America dominated the global natural fragrance market in 2017. The region is expected to witness a significant 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 in U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for natural fragrances from the personal care and cosmetics industry.
- Rising awareness about the benefits of using natural fragrances among consumers.
- Growing popularity of aromatherapy and essential oils as a means to improve health and well-being.
- Proliferation of online retail channels that offer a wide range of natural fragrances products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Fragrance Market Research Report
By Type
Flower Based, Fruit Based, Spice, Wood, Musk
By Application
Food, Household Care, Cosmetics
By Companies
Givaudan SA, Firmenich SA, International Flavors and Fragrances (IFF), Symrise AG., Takasago International, Frutarom Industries Ltd., Sensient Flavors and Fragrances., Robertet SA., Huabao Intl., Mane SA., Givaudan SA
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Natural Fragrance Market Report Segments:
The global Natural Fragrance market is segmented on the basis of:
Types
Flower Based, Fruit Based, Spice, Wood, Musk
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
Food, 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:
- Givaudan SA
- Firmenich SA
- International Flavors and Fragrances (IFF)
- Symrise AG.
- Takasago International
- Frutarom Industries Ltd.
- Sensient Flavors and Fragrances.
- Robertet SA.
- Huabao Intl.
- Mane SA.
- Givaudan SA
Highlights of The Natural Fragrance 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
- Fruit Based
- Spice
- Wood
- Musk
- By Application:
- Food
- 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 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 is a term used to describe the scent of plants and flowers.
Some of the major players in the natural fragrance market are Givaudan SA, Firmenich SA, International Flavors and Fragrances (IFF), Symrise AG., Takasago International, Frutarom Industries Ltd., Sensient Flavors and Fragrances., Robertet SA., Huabao Intl., Mane SA., Givaudan SA.
The natural fragrance market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Natural Fragrance 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Natural Fragrance 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 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 Market Size & Forecast, 2020-2028
4.5.1 Natural Fragrance Market Size and Y-o-Y Growth
4.5.2 Natural Fragrance 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 Fruit Based
5.2.3 Spice
5.2.4 Wood
5.2.5 Musk
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 Food
6.2.2 Household Care
6.2.3 Cosmetics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural Fragrance 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 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 Fruit Based
9.6.3 Spice
9.6.4 Wood
9.6.5 Musk
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 Food
9.10.2 Household Care
9.10.3 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 Fruit Based
10.6.3 Spice
10.6.4 Wood
10.6.5 Musk
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 Food
10.10.2 Household Care
10.10.3 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 Fruit Based
11.6.3 Spice
11.6.4 Wood
11.6.5 Musk
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 Food
11.10.2 Household Care
11.10.3 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 Fruit Based
12.6.3 Spice
12.6.4 Wood
12.6.5 Musk
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 Food
12.10.2 Household Care
12.10.3 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 Fruit Based
13.6.3 Spice
13.6.4 Wood
13.6.5 Musk
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 Food
13.10.2 Household Care
13.10.3 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 Market: Competitive Dashboard
14.2 Global Natural Fragrance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Givaudan SA
14.3.2 Firmenich SA
14.3.3 International Flavors and Fragrances (IFF)
14.3.4 Symrise AG.
14.3.5 Takasago International
14.3.6 Frutarom Industries Ltd.
14.3.7 Sensient Flavors and Fragrances.
14.3.8 Robertet SA.
14.3.9 Huabao Intl.
14.3.10 Mane SA.
14.3.11 Givaudan SA
