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Fragrance and Essence Manufacturing in China - Industry Market Research Report

Publisher IBISWorld
Published Jul 17, 2025
Length 32 Pages
SKU # IBSS20291856

Description

Fragrance and Essence Manufacturing in China

The Fragrance and Essence Manufacturing industry is an important raw material supporting industry of food and beverage, daily chemical and other industries, and is closely related to the improvement of residents' living standards, promoting domestic demand and consumption. Industry revenue is expected to total $14.0 billion in 2023, declined by 2.5% from 2022, mainly driven by economic downturn, shrinking demand and other factors. Industry revenue is expected to increase at an annualized 0.7% over the five years through 2023. Profit margins have recovered to 8.4% of industry revenue in 2023.

Industry operators produce natural and synthetic spices and essences. These products are further segmented into flavors and fragrances. Flavors are essences added to food, beverages, pharmaceuticals, animal feed, tobacco, and other products. Fragrances are essences added to soaps, detergents, cosmetics, toiletries, perfumes, household cleaning products, candles, insecticides, and aromatherapy products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

32 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON

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