Global Musk Market Growth 2025-2031

The global Musk market size is predicted to grow from US$ 181 million in 2025 to US$ 221 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.

Musk is a class of aromatic substances commonly used as base notes in perfumery. They include glandular secretions from animals such as the musk deer, numerous plants emitting similar fragrances, and artificial substances with similar odors. Musk was a name originally given to a substance with a penetrating odor obtained from a gland of the male musk deer. The substance has been used as a popular perfume fixative since ancient times and is one of the more expensive animal products in the world.

Global Musk key players include Huixiang, SIMDB, Hongyan, Huashan, Tiancheng, etc. Global top five manufacturers hold a share over 65%.

China is the largest market, with a share over 85%.

In terms of product, Synthetic Musk is the largest segment, with a share over 70%. And in terms of application, the largest application is Household Chemicals, followed by Pharmacology, etc.

LP Information, Inc. (LPI) ' newest research report, the “Musk Industry Forecast” looks at past sales and reviews total world Musk sales in 2024, providing a comprehensive analysis by region and market sector of projected Musk sales for 2025 through 2031. With Musk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Musk industry.

This Insight Report provides a comprehensive analysis of the global Musk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Musk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Musk market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Musk and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Musk.

This report presents a comprehensive overview, market shares, and growth opportunities of Musk market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Natural Musk
Artificial Musk
Synthetic Musk

Segmentation by Application:
Pharmacology
Household Chemicals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Firmenich
Symrise
PFW
Yingyang
Great Nation
Achiever Biochem
Fangsheng
Lianxin
Huixiang
SIMDB
Hongyan
Tiancheng
Huashan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Musk market?

What factors are driving Musk market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Musk market opportunities vary by end market size?

How does Musk break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.