"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Natural Fragrance Market Size, Share & Industry Analysis, By Ingredient (Essential Oils, Natural Extracts), By Type of Scent (Top note, Middle Note, Base Note), By Application (Fine Fragrances, Personal Care & Cosmetics, Household Care) Others and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI102359 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The global natural fragrance market size is expected to gain momentum in the coming years on account of the changing lifestyle and consumer preference for light and organic products. Natural Fragrance is a perfume imparted using natural and organic sources found in the environment. Human body uses the aromatic molecules in these natural fragrances either by sensing it through olfactory system or by absorption through the skin. These fragrances have healthy demand from the consumers due to the rising awareness on usage of natural fragrances over synthetic fragrances and low toxicity of these compounds. Essential oils and extracts (natural) are the major sources used to impart natural fragrances to the substrates and perfumes. Many of the natural fragrances are rare to find and thus are more valuable as compared to the synthetic fragrances.


The demand for natural fragrances is continuously increasing, strongly based by the health benefits and long lasting fragrances offered by the natural fragrances over synthetic fragrances. Also, some of the rare natural fragrances such as earth fragrance and musks extracted fragrances have strong demand and healthy adoption in premium range of perfumes. This drives the market for natural fragrances.

Up Arrow

Key Market Driver -

Increasing demand for natural ingredients in fragrances from the end-users across the world to boost the demand for natural fragrances.

Down Arrow

Key Market Restraint -

Strong presence of counterfeit and identical synthetic fragrances in the market restricts the growth.


However, the strong presence of counterfeit synthetic fragrances greatly hampers the market growth. Moreover, these synthetic fragrances are easy to manufacture and are quite inexpensive as compared to the natural fragrances. But, premium perfume brands using natural fragrances have to certify its products by the competent authorities to confirming the authenticity of the natural ingredients used. This helps the customers to have faith in the premium brands and increase adoption of natural fragrances as well.

Market Segmentation:


On the basis of ingredients, the natural fragrance market is segmented into essential oils and natural extracts. Based on the type of scent, the natural fragrance market is classified into top note, middle note and base note. On the basis of application, the market is classified as fine fragrances, personal care & cosmetics and household care.  

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Players Covered:


The global natural fragrance market is highly fragmented with large number of key players operating in the market. Some of the prominent manufacturers in the global natural fragrance industry include- Royal Aroma, Givaudan SA, Alpha Aromatics, Firmenich SA, BMV Fragrances Pvt. Ltd., Agilex Fragrances, Fine Fragrances Pvt. Ltd., Lebermuth, Inc., Fragrance Oils (International) Limited, Multiflora, MJ Biopharm Pvt. Ltd, Ogawa & Co.Ltd., Carmi Flavor & Fragrance Co., Inc., Robertet SA, Symrise and others.

Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the natural fragrance market

  • New Product Launches, Expansions, Key Players

  • Regulatory Landscape in natural fragrance industry

  • Porters Five Forces Analysis


Regional Analysis:


On a geographical basis, the natural fragrance market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe dominates the consumption of natural fragrance in the global market due to the strong demand and consumer preferences in the region. Besides, the climatic conditions in the region prevails the growth of high quality natural ingredients along with technological advancement enables the manufacturers to produce premium and trustworthy natural fragrance that have healthy demand in the local as well as global markets.

To gain extensive insights into the market, Request for Customization


North America accounts for the second largest share in the global natural fragrance market. The presence of premium customers in the region create healthy growth opportunities for the market. Asia-Pacific is poised to be the fastest growing market in the natural fragrances market. Rise in income and increased exposure of premium fragrance brands to the consumers in the region have created lucrative growth opportunities. Middle East & Africa is also one of the largest and fastest growing market for natural fragrances. However, the political turbulence in the region may undermine the market growth over the forecast period.  Brazil and Mexico drive the natural fragrance market in the Latin America region. Emerging economies such as Chile in the region is expected to help expand the market in the region. Economic and political instability in Latin America is likely to restrict the market growth over the forecast period.

Natural Fragrance Market Segmentation


























 ATTRIBUTE

 DETAILS

By Ingredient



  • Essential Oils

  • Natural Extracts



By Type of Scent



  • Top note

  • Middle Note

  • Base Note



By Application



  • Fine Fragrances

  • Personal Care & Cosmetics

  • Household Care



By Geography



  • North America (USA, Canada)

  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



Natural Fragrance Industrial Developments



  • November, 2019, – Givaudan, a manufacturer of wide range fragrances, announced the acquisition of US based flavour, Fragrance and Specialty Ingredients company- Ungerer & Company.

  • September, 2019, – Firmenich S.A., a Switzerland based premium fragrance and ingredients manufacturer, announced the acquisition of minority stake of 17% in the France based natural ingredient company Robertet.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Chemicals & Materials Clients
3M
Mckinsey
Iwatani
UBS
Kpmg
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X