Perfume and Essence Industry Research Report 2025

Summary

Perfume is an organic compound that can be sensed by smell or taste, also known as aroma raw material, which is mainly used to prepare essence for flavoring products, or directly used as food additives.
Essence is a mixture of spices and related accessories with a specific aroma or fragrance, generally used for flavoring products after consumption.

According to APO Research, the global Perfume and Essence market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Perfume and Essence is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Perfume and Essence is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Perfume and Essence is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Perfume and Essence include Givaudan, Firmenich, IFF, Symrise, WILD Flavors, Mane, Takasago, Sensient and Robert, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Perfume and Essence, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Perfume and Essence.

The report will help the Perfume and Essence manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Perfume and Essence market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Perfume and Essence market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Perfume and Essence Segment by Company

Givaudan
Firmenich
IFF
Symrise
WILD Flavors
Mane
Takasago
Sensient
Robert
T.Hasegawa
Huabao International
Boton Group
Apple
NHU
Baihua Flavours and Fragrances
Perfume and Essence Segment by Type

Perfume
Essence
Perfume and Essence Segment by Application

Food & Drinks
Daily Chemicals
Tobaccos
Others
Perfume and Essence Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Perfume and Essence market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Perfume and Essence and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Perfume and Essence.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Perfume and Essence manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Perfume and Essence by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Perfume and Essence in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Perfume and Essence Market Size (2020-2031)
2.2.2 Global Perfume and Essence Sales (2020-2031)
2.2.3 Global Perfume and Essence Market Average Price (2020-2031)
2.3 Perfume and Essence by Type
2.3.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Perfume
2.3.3 Essence
2.4 Perfume and Essence by Application
2.4.1 Market Value Comparison by Application (2020 VS 2024 VS 2031)
2.4.2 Food & Drinks
2.4.3 Daily Chemicals
2.4.4 Tobaccos
2.4.5 Others
3 Market Competitive Landscape by Manufacturers
3.1 Global Perfume and Essence Market Competitive Situation by Manufacturers (2020 Versus 2024)
3.2 Global Perfume and Essence Sales (K MT) of Manufacturers (2020-2025)
3.3 Global Perfume and Essence Revenue of Manufacturers (2020-2025)
3.4 Global Perfume and Essence Average Price by Manufacturers (2020-2025)
3.5 Global Perfume and Essence Industry Ranking, 2023 VS 2024 VS 2025
3.6 Global Manufacturers of Perfume and Essence, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Perfume and Essence, Product Type & Application
3.8 Global Manufacturers of Perfume and Essence, Established Date
3.9 Global Perfume and Essence Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Givaudan
4.1.1 Givaudan Company Information
4.1.2 Givaudan Business Overview
4.1.3 Givaudan Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.1.4 Givaudan Perfume and Essence Product Portfolio
4.1.5 Givaudan Recent Developments
4.2 Firmenich
4.2.1 Firmenich Company Information
4.2.2 Firmenich Business Overview
4.2.3 Firmenich Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.2.4 Firmenich Perfume and Essence Product Portfolio
4.2.5 Firmenich Recent Developments
4.3 IFF
4.3.1 IFF Company Information
4.3.2 IFF Business Overview
4.3.3 IFF Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.3.4 IFF Perfume and Essence Product Portfolio
4.3.5 IFF Recent Developments
4.4 Symrise
4.4.1 Symrise Company Information
4.4.2 Symrise Business Overview
4.4.3 Symrise Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.4.4 Symrise Perfume and Essence Product Portfolio
4.4.5 Symrise Recent Developments
4.5 WILD Flavors
4.5.1 WILD Flavors Company Information
4.5.2 WILD Flavors Business Overview
4.5.3 WILD Flavors Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.5.4 WILD Flavors Perfume and Essence Product Portfolio
4.5.5 WILD Flavors Recent Developments
4.6 Mane
4.6.1 Mane Company Information
4.6.2 Mane Business Overview
4.6.3 Mane Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.6.4 Mane Perfume and Essence Product Portfolio
4.6.5 Mane Recent Developments
4.7 Takasago
4.7.1 Takasago Company Information
4.7.2 Takasago Business Overview
4.7.3 Takasago Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.7.4 Takasago Perfume and Essence Product Portfolio
4.7.5 Takasago Recent Developments
4.8 Sensient
4.8.1 Sensient Company Information
4.8.2 Sensient Business Overview
4.8.3 Sensient Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.8.4 Sensient Perfume and Essence Product Portfolio
4.8.5 Sensient Recent Developments
4.9 Robert
4.9.1 Robert Company Information
4.9.2 Robert Business Overview
4.9.3 Robert Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.9.4 Robert Perfume and Essence Product Portfolio
4.9.5 Robert Recent Developments
4.10 T.Hasegawa
4.10.1 T.Hasegawa Company Information
4.10.2 T.Hasegawa Business Overview
4.10.3 T.Hasegawa Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.10.4 T.Hasegawa Perfume and Essence Product Portfolio
4.10.5 T.Hasegawa Recent Developments
4.11 Huabao International
4.11.1 Huabao International Company Information
4.11.2 Huabao International Business Overview
4.11.3 Huabao International Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.11.4 Huabao International Perfume and Essence Product Portfolio
4.11.5 Huabao International Recent Developments
4.12 Boton Group
4.12.1 Boton Group Company Information
4.12.2 Boton Group Business Overview
4.12.3 Boton Group Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.12.4 Boton Group Perfume and Essence Product Portfolio
4.12.5 Boton Group Recent Developments
4.13 Apple
4.13.1 Apple Company Information
4.13.2 Apple Business Overview
4.13.3 Apple Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.13.4 Apple Perfume and Essence Product Portfolio
4.13.5 Apple Recent Developments
4.14 NHU
4.14.1 NHU Company Information
4.14.2 NHU Business Overview
4.14.3 NHU Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.14.4 NHU Perfume and Essence Product Portfolio
4.14.5 NHU Recent Developments
4.15 Baihua Flavours and Fragrances
4.15.1 Baihua Flavours and Fragrances Company Information
4.15.2 Baihua Flavours and Fragrances Business Overview
4.15.3 Baihua Flavours and Fragrances Perfume and Essence Sales, Revenue and Gross Margin (2020-2025)
4.15.4 Baihua Flavours and Fragrances Perfume and Essence Product Portfolio
4.15.5 Baihua Flavours and Fragrances Recent Developments
5 Global Perfume and Essence Market Scenario by Region
5.1 Global Perfume and Essence Market Size by Region: 2020 VS 2024 VS 2031
5.2 Global Perfume and Essence Sales by Region: 2020-2031
5.2.1 Global Perfume and Essence Sales by Region: 2020-2025
5.2.2 Global Perfume and Essence Sales by Region: 2026-2031
5.3 Global Perfume and Essence Revenue by Region: 2020-2031
5.3.1 Global Perfume and Essence Revenue by Region: 2020-2025
5.3.2 Global Perfume and Essence Revenue by Region: 2026-2031
5.4 North America Perfume and Essence Market Facts & Figures by Country
5.4.1 North America Perfume and Essence Market Size by Country: 2020 VS 2024 VS 2031
5.4.2 North America Perfume and Essence Sales by Country (2020-2031)
5.4.3 North America Perfume and Essence Revenue by Country (2020-2031)
5.4.4 United States
5.4.5 Canada
5.4.6 Mexico
5.5 Europe Perfume and Essence Market Facts & Figures by Country
5.5.1 Europe Perfume and Essence Market Size by Country: 2020 VS 2024 VS 2031
5.5.2 Europe Perfume and Essence Sales by Country (2020-2031)
5.5.3 Europe Perfume and Essence Revenue by Country (2020-2031)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.5.9 Spain
5.5.10 Netherlands
5.5.11 Switzerland
5.5.12 Sweden
5.5.13 Poland
5.6 Asia Pacific Perfume and Essence Market Facts & Figures by Country
5.6.1 Asia Pacific Perfume and Essence Market Size by Country: 2020 VS 2024 VS 2031
5.6.2 Asia Pacific Perfume and Essence Sales by Country (2020-2031)
5.6.3 Asia Pacific Perfume and Essence Revenue by Country (2020-2031)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 Taiwan
5.6.10 Southeast Asia
5.7 South America Perfume and Essence Market Facts & Figures by Country
5.7.1 South America Perfume and Essence Market Size by Country: 2020 VS 2024 VS 2031
5.7.2 South America Perfume and Essence Sales by Country (2020-2031)
5.7.3 South America Perfume and Essence Revenue by Country (2020-2031)
5.7.4 Brazil
5.7.5 Argentina
5.7.6 Chile
5.8 Middle East and Africa Perfume and Essence Market Facts & Figures by Country
5.8.1 Middle East and Africa Perfume and Essence Market Size by Country: 2020 VS 2024 VS 2031
5.8.2 Middle East and Africa Perfume and Essence Sales by Country (2020-2031)
5.8.3 Middle East and Africa Perfume and Essence Revenue by Country (2020-2031)
5.8.4 Egypt
5.8.5 South Africa
5.8.6 Israel
5.8.7 Türkiye
5.8.8 GCC Countries
6 Segment by Type
6.1 Global Perfume and Essence Sales by Type (2020-2031)
6.1.1 Global Perfume and Essence Sales by Type (2020-2031) & (K MT)
6.1.2 Global Perfume and Essence Sales Market Share by Type (2020-2031)
6.2 Global Perfume and Essence Revenue by Type (2020-2031)
6.2.1 Global Perfume and Essence Sales by Type (2020-2031) & (US$ Million)
6.2.2 Global Perfume and Essence Revenue Market Share by Type (2020-2031)
6.3 Global Perfume and Essence Price by Type (2020-2031)
7 Segment by Application
7.1 Global Perfume and Essence Sales by Application (2020-2031)
7.1.1 Global Perfume and Essence Sales by Application (2020-2031) & (K MT)
7.1.2 Global Perfume and Essence Sales Market Share by Application (2020-2031)
7.2 Global Perfume and Essence Revenue by Application (2020-2031)
7.2.1 Global Perfume and Essence Sales by Application (2020-2031) & (US$ Million)
7.2.2 Global Perfume and Essence Revenue Market Share by Application (2020-2031)
7.3 Global Perfume and Essence Price by Application (2020-2031)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Perfume and Essence Value Chain Analysis
8.1.1 Perfume and Essence Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Perfume and Essence Production Mode & Process
8.2 Perfume and Essence Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Perfume and Essence Distributors
8.2.3 Perfume and Essence Customers
9 Global Perfume and Essence Analyzing Market Dynamics
9.1 Perfume and Essence Industry Trends
9.2 Perfume and Essence Industry Drivers
9.3 Perfume and Essence Industry Opportunities and Challenges
9.4 Perfume and Essence Industry Restraints
10 Report Conclusion
11 Disclaimer

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