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Global Fragrance Ingredients Market Size Study, by Source (Natural, Synthetic), by Ingredient Type (Commodity, Specialty, Proprietary), by Application (Personal Care, Household, Cosmetics, Food & Beverage, Industrial), by Form (Liquid, Powder), and Region

Publisher Bizwit Research & Consulting
Published Jan 07, 2025
Length 285 Pages
SKU # BIZW19481665

Description

Global Fragrance Ingredients Market Size Study, by Source (Natural, Synthetic), by Ingredient Type (Commodity, Specialty, Proprietary), by Application (Personal Care, Household, Cosmetics, Food & Beverage, Industrial), by Form (Liquid, Powder), and Regional Forecasts 2022-2032


The global fragrance ingredients market, valued at approximately USD 16.28 billion in 2023, is projected to expand at a steady CAGR of 5.10% during the forecast period 2024-2032. Fragrance ingredients play an indispensable role in personal care, cosmetics, and industrial applications, contributing to product differentiation and consumer appeal. These ingredients, derived from both natural and synthetic sources, form the backbone of the fragrance industry, catering to dynamic consumer preferences for innovative scents and sustainable formulations. The market is experiencing a transformative shift, driven by advancements in extraction technologies and increasing demand for specialty ingredients that deliver unique sensory experiences.

The rise in consumer awareness about sustainability and organic ingredients is fueling the growth of natural fragrance components, while synthetic fragrances continue to dominate due to their affordability and stability. Applications in personal care and cosmetics remain the largest market segments, as global consumers increasingly prioritize premium and customized scent profiles. Household products and industrial applications are also witnessing significant adoption of fragrance ingredients, bolstered by the growing demand for air care and cleaning products with enhanced sensory attributes.

Despite these growth drivers, challenges such as stringent regulations, high production costs for natural ingredients, and the complexities of formulating fragrances for diverse applications pose barriers to market expansion. Nevertheless, investments in biotechnology and green chemistry are paving the way for innovative solutions, including bio-based fragrances and proprietary blends that cater to niche markets. Additionally, technological advancements in liquid and powder forms of fragrances are expanding their applications, ensuring product consistency and enhancing the efficiency of manufacturing processes.

Regionally, North America and Europe lead the global fragrance ingredients market due to their well-established personal care and cosmetics industries, coupled with a strong focus on research and development. The Asia-Pacific region, however, is poised for the fastest growth, driven by increasing disposable incomes, urbanization, and the burgeoning beauty and wellness sectors in countries like China, India, and South Korea. Latin America and the Middle East & Africa are emerging as promising markets, propelled by the rising adoption of premium products and evolving consumer lifestyles.

Major market players included in this report are:
• Firmenich International SA
• Givaudan SA
• Symrise AG
• International Flavors & Fragrances Inc. (IFF)
• Mane SA
• Takasago International Corporation
• Sensient Technologies Corporation
• Robertet Group
• CPL Aromas
• Bedoukian Research, Inc.
• BASF SE
• Ashland Inc.
• Kerry Group plc
• Solvay S.A.
• Frutarom Industries Ltd

The detailed segments and sub-segments of the market are explained below:

By Source:
• Natural
• Synthetic

By Ingredient Type:
• Commodity
• Specialty
• Proprietary

By Application:
• Personal Care
• Household
• Cosmetics
• Food & Beverage
• Industrial

By Form:
• Liquid
• Powder

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:
• Market estimates and forecasts for 10 years from 2022 to 2032.
• Annualized revenues and regional-level analysis for each market segment.
• Comprehensive geographical insights with country-level analysis for major regions.
• Competitive landscape profiling major market players and their strategic initiatives.
• Analysis of key business strategies and recommendations for future market approaches.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Fragrance Ingredients Market Executive Summary
1.1. Global Fragrance Ingredients Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Source
1.3.1.1. Natural
1.3.1.2. Synthetic
1.3.2. By Ingredient Type
1.3.2.1. Commodity
1.3.2.2. Specialty
1.3.2.3. Proprietary
1.3.3. By Application
1.3.3.1. Personal Care
1.3.3.2. Household
1.3.3.3. Cosmetics
1.3.3.4. Food & Beverage
1.3.3.5. Industrial
1.3.4. By Form
1.3.4.1. Liquid
1.3.4.2. Powder
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Fragrance Ingredients Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Fragrance Ingredients Market Dynamics
3.1. Market Drivers
3.1.1. Surge in Demand for Personal Care and Cosmetics
3.1.2. Increasing Consumer Preference for Sustainable and Natural Ingredients
3.1.3. Technological Advancements in Extraction and Formulation
3.2. Market Challenges
3.2.1. Stringent Regulatory Landscape
3.2.2. High Production Costs for Natural Ingredients
3.3. Market Opportunities
3.3.1. Innovations in Biotechnology and Green Chemistry
3.3.2. Development of Bio-based and Proprietary Fragrance Blends
3.3.3. Expansion into Emerging Markets
Chapter 4. Global Fragrance Ingredients Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Fragrance Ingredients Market Size & Forecasts by Source 2022-2032
5.1. Segment Dashboard
5.2. Global Fragrance Ingredients Market: Source Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Natural
5.2.2. Synthetic
Chapter 6. Global Fragrance Ingredients Market Size & Forecasts by Ingredient Type 2022-2032
6.1. Segment Dashboard
6.2. Global Fragrance Ingredients Market: Ingredient Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Commodity
6.2.2. Specialty
6.2.3. Proprietary
Chapter 7. Global Fragrance Ingredients Market Size & Forecasts by Application 2022-2032
7.1. Segment Dashboard
7.2. Global Fragrance Ingredients Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Personal Care
7.2.2. Household
7.2.3. Cosmetics
7.2.4. Food & Beverage
7.2.5. Industrial
Chapter 8. Global Fragrance Ingredients Market Size & Forecasts by Form 2022-2032
8.1. Segment Dashboard
8.2. Global Fragrance Ingredients Market: Form Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. Liquid
8.2.2. Powder
Chapter 9. Global Fragrance Ingredients Market Size & Forecasts by Technology 2022-2032
9.1. Segment Dashboard
9.2. Global Fragrance Ingredients Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
9.2.1. [List technologies if applicable]
Chapter 10. Global Fragrance Ingredients Market Size & Forecasts by Region 2022-2032
10.1. North America Fragrance Ingredients Market
10.1.1. U.S. Fragrance Ingredients Market
10.1.1.1. Source Breakdown Size & Forecasts, 2022-2032
10.1.1.2. Ingredient Type Breakdown Size & Forecasts, 2022-2032
10.1.1.3. Application Breakdown Size & Forecasts, 2022-2032
10.1.1.4. Form Breakdown Size & Forecasts, 2022-2032
10.1.2. Canada Fragrance Ingredients Market
10.1.2.1. Source Breakdown Size & Forecasts, 2022-2032
10.1.2.2. Ingredient Type Breakdown Size & Forecasts, 2022-2032
10.1.2.3. Application Breakdown Size & Forecasts, 2022-2032
10.1.2.4. Form Breakdown Size & Forecasts, 2022-2032
10.2. Europe Fragrance Ingredients Market
10.2.1. UK Fragrance Ingredients Market
10.2.2. Germany Fragrance Ingredients Market
10.2.3. France Fragrance Ingredients Market
10.2.4. Spain Fragrance Ingredients Market
10.2.5. Italy Fragrance Ingredients Market
10.2.6. Rest of Europe Fragrance Ingredients Market
10.3. Asia-Pacific Fragrance Ingredients Market
10.3.1. China Fragrance Ingredients Market
10.3.2. India Fragrance Ingredients Market
10.3.3. Japan Fragrance Ingredients Market
10.3.4. Australia Fragrance Ingredients Market
10.3.5. South Korea Fragrance Ingredients Market
10.3.6. Rest of Asia Pacific Fragrance Ingredients Market
10.4. Latin America Fragrance Ingredients Market
10.4.1. Brazil Fragrance Ingredients Market
10.4.2. Mexico Fragrance Ingredients Market
10.4.3. Rest of Latin America Fragrance Ingredients Market
10.5. Middle East & Africa Fragrance Ingredients Market
10.5.1. Saudi Arabia Fragrance Ingredients Market
10.5.2. South Africa Fragrance Ingredients Market
10.5.3. Rest of Middle East & Africa Fragrance Ingredients Market
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Firmenich International SA
11.1.2. Givaudan SA
11.1.3. Symrise AG
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Firmenich International SA
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. Givaudan SA
11.3.3. Symrise AG
11.3.4. International Flavors & Fragrances Inc. (IFF)
11.3.5. Mane SA
11.3.6. Takasago International Corporation
11.3.7. Sensient Technologies Corporation
11.3.8. Robertet Group
11.3.9. CPL Aromas
11.3.10. Bedoukian Research, Inc.
11.3.11. BASF SE
11.3.12. Ashland Inc.
11.3.13. Kerry Group plc
11.3.14. Solvay S.A.
11.3.15. Frutarom Industries Ltd
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Fragrance Ingredients Market, Report Scope
TABLE 2. Global Fragrance Ingredients Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Fragrance Ingredients Market Estimates & Forecasts by Source 2022-2032 (USD Million/Billion)
TABLE 4. Global Fragrance Ingredients Market Estimates & Forecasts by Ingredient Type 2022-2032 (USD Million/Billion)
TABLE 5. Global Fragrance Ingredients Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 6. Global Fragrance Ingredients Market Estimates & Forecasts by Form 2022-2032 (USD Million/Billion)
TABLE 7. Global Fragrance Ingredients Market Estimates & Forecasts by Technology 2022-2032 (USD Million/Billion)
TABLE 8. Global Fragrance Ingredients Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 9. Global Fragrance Ingredients Market Estimates & Forecasts by Source 2022-2032 (USD Million/Billion)
TABLE 10. Global Fragrance Ingredients Market Estimates & Forecasts by Ingredient Type 2022-2032 (USD Million/Billion)
TABLE 11. Global Fragrance Ingredients Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 12. Global Fragrance Ingredients Market Estimates & Forecasts by Form 2022-2032 (USD Million/Billion)
TABLE 13. Global Fragrance Ingredients Market Estimates & Forecasts by Technology 2022-2032 (USD Million/Billion)
TABLE 14. Global Fragrance Ingredients Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Fragrance Ingredients Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Fragrance Ingredients Market Estimates & Forecasts by Source 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Fragrance Ingredients Market Estimates & Forecasts by Ingredient Type 2022-2032 (USD Million/Billion)
TABLE 18. U.S. Fragrance Ingredients Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 19. U.S. Fragrance Ingredients Market Estimates & Forecasts by Form 2022-2032 (USD Million/Billion)
TABLE 20. U.S. Fragrance Ingredients Market Estimates & Forecasts by Technology 2022-2032 (USD Million/Billion)
...
This list is not complete; the final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Fragrance Ingredients Market, Research Methodology
FIGURE 2. Global Fragrance Ingredients Market, Market Estimation Techniques
FIGURE 3. Global Market Size Estimates & Forecast Methods
FIGURE 4. Global Fragrance Ingredients Market, Key Trends 2023
FIGURE 5. Global Fragrance Ingredients Market, Growth Prospects 2022-2032
FIGURE 6. Global Fragrance Ingredients Market, Porter’s 5 Force Model
FIGURE 7. Global Fragrance Ingredients Market, PESTEL Analysis
FIGURE 8. Global Fragrance Ingredients Market, Value Chain Analysis
FIGURE 9. Global Fragrance Ingredients Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 10. Global Fragrance Ingredients Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 11. Global Fragrance Ingredients Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 12. Global Fragrance Ingredients Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 13. Global Fragrance Ingredients Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 14. Global Fragrance Ingredients Market, Regional Snapshot 2022 & 2032
FIGURE 15. North America Fragrance Ingredients Market 2022 & 2032 (USD Million/Billion)
FIGURE 16. Europe Fragrance Ingredients Market 2022 & 2032 (USD Million/Billion)
FIGURE 17. Asia-Pacific Fragrance Ingredients Market 2022 & 2032 (USD Million/Billion)
FIGURE 18. Latin America Fragrance Ingredients Market 2022 & 2032 (USD Million/Billion)
FIGURE 19. Middle East & Africa Fragrance Ingredients Market 2022 & 2032 (USD Million/Billion)
FIGURE 20. Global Fragrance Ingredients Market, Company Market Share Analysis (2023)
...
This list is not complete; the final report does contain more than 50 figures. The list may be updated in the final deliverable.

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