Natural fragrance ingredients are natural aroma raw materials derived from natural sources such as plants, animals, and fruits. Distillation and extraction processes are used for sourcing these ingredients that used for making various cosmetics.
Market Analysis and Insights: Global Natural Fragrance Ingredients Market
Due to the COVID-19 pandemic, the global Natural Fragrance Ingredients market size is estimated to be worth US$ 15250 million in 2022 and is forecast to a readjusted size of US$ 18150 million by 2028 with a CAGR of 2.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Flower Based accounting for % of the Natural Fragrance Ingredients global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Household Care segment is altered to an % CAGR throughout this forecast period.
These ingredients play a key role in imparting signature fragrances to a wide range of cosmetics they are used in. Currently, natural fragrance ingredients are used for making deodorants, hair oils, perfumes, detergents, essential oils, and soaps amongst others. Natural fragrance ingredients are used in essential oils not just to impart a fragrance but also as an important element of the oil due to their medicinal properties.
Global Natural Fragrance Ingredients Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Natural Fragrance Ingredients Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flower Based
Wood Based
Musk Based
Fruit Based
Spice Based
Others
Segment by Application
Household Care
Cosmetics
By Company
Takasago International
Firmenich
Givaudan
Huabao
Symrise
International Flavors and Fragrances
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina