Global Natural Fragrance Market, 2014-2024

Global Natural Fragrance Market, 2014-2024

Natural fragrance is extracted from natural aromatics plants without altering them, which may include essential oils, oleoresins, distillates, fractions, concretes, absolutes, and others natural sources. The natural fragrance is nontoxic in nature. Natural fragrance is widely used as an ingredient in various applications includes personal care & cosmetics, household care, food & beverage industry, pharmaceutical & clinical for aroma theory, and perfume industry. The natural fragrance can be extracted from natural sources which are flower-based, fruit-based, spices, wood, and others. The essential oil natural fragrance ingredients are widely preferred in end user applications.

The global natural fragrance market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global natural fragrance market is growing at a fast pace and increasing its geographical footprint rapidly. The global natural fragrance market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to increasing demand from fine fragrance, personal care & cosmetic, and household care applications. The major growth driver for natural fragrance market globally is high the rising demand for natural products and increasing urbanization and industrialization. In addition, natural fragrance widely used in food & beverages, and for aroma therapy. The health consciousness is key driver for the growth of natural fragrance, as these fragrances are safe for human health compare to synthetic fragrance.

Natural fragrance enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of natural fragrance market globally. The companies that lead global natural fragrance market are Givaudan, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Symrise, Kerry Group Plc., Firmenich SA, Paris Fragrances USA, Takasago International Corporation, Frutarom, Mane SA., Robertet SA, CPL Aromas, Iberchem, Dauper. T. Hasegawa Co., Ltd., and Bell Flavors & Fragrances.

Research Methodology

The research process includes the market segmentation of the global natural fragrance market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global natural fragrance market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (30%), Asia (45%), Europe (25%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global natural fragrance industry dynamics
Estimation of the present global natural fragrance market size in terms of value and volume
Global natural fragrance market breakup based on type and application.
Verified global natural fragrance market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global natural fragrance industry value chain.