The Global Fragrance Ingredients Market is projected to reach a value of over USD 24.3 billion by 2027 at a CAGR of 7.4%.

Fragrance ingredients can be referred to as the compounds or derivatives that have the ability to impart sweet pleasant distinctive smell. These ingredients can be obtained via synthetic or natural process through petroleum-derived products or natural sources such as plants or animals. It is mostly used in the wide range of perfumes, however, but not restricted to it. It is also used to shampoos, body wash, lotions, creams, shaving gels and other personal care products. In addition to this, these are used in detergents, floor cleaners, car cleaners, air fresheners, fabric softeners and even in the scented candles.

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Fragrance Ingredients Market: Drivers & Restraints

Market Driver:

  • Rising Perfume Industry

The perfume industry is witnessing major changes with changing consumer preference towards prestige, niche, and unique fragrance options. Rise in disposable income, growing middle-class population having higher affordability coupled with an increase in the living standards is driving the overall perfume industry. Also, shifting preference of the youth customers towards enhancing self appeal with higher spending on personal grooming is another factor fueling the market growth. An increasing trend of perfume customization according to the customer preference further acts as a factor favoring the market growth.

Additionally, growing demand for essential oils extracted from wild plant populations owing to exotic fragrance is propelling its use across aromatherapy, cosmetic and personal care products. Also, expanding application of various perfumes in the scented products including scented candles, automatic sprays, plug-in scented oils, wax melts and room spray to offer fresh and pleasant vibe further is again fostering the overall market growth.

Market Restraint:

  • Health Effects on Usage of Few Fragrance Ingredients

Fragrance ingredient consists of different esters, terpenes, phthalates and other organic chemicals which are listed under the name perfume over the product label. However, such ingredients are often linked to disruptive or even fatal medical symptoms, which may leave a permanent impact on the neurological functioning, respiratory system, hormones, and reproductive health. International Fragrance Association (IFA) listed that styrene, naphthalene, and di-isononyl phthalate and oxybenzone are potential carcinogens used in fragrance. Some of the natural fragrance ingredients may also trigger negative effects on the human body. For instance, studies revealed that perfumes containing lavender and tea tree oil may boost gynecomastia in young males.

Fragrance Ingredients Market: Key Segments

  • Segmentation based on source: Natural and Synthetic
  • Segmentation based on application: Personal Care Product and Household Product
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.


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List of the leading companies operating in the Fragrance Ingredients Market include:

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Firmenich SA
  • International Flavors & Fragrances Inc.
  • Givaudan 
  • Joh. Vögele KG
  • Procter & Gamble
  • MANE
  • ROBERTET 
  • Symrise 
  • T. HASEGAWA CO. LTD. 
  • Ernesto Ventós, S.A.


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Fragrance Ingredients Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Table of Content:

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Perfume Industry
      2. Growing Personal Care Product Demand
    3. Restraint
      1. Health Effects on Usage of Few Fragrance Ingredients
      2. Environmental Impact of Synthetic Ingredients
    4. Opportunities
      1. Shifting Consumer Interest towards Natural Perfume Ingredients
      2. Growing Fragrance Demand in South America
    5. Challenges
      1. Unregulated Chemicals in Fragrance Ingredients
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL FRAGRANCE INGREDIENTS MARKET BY SOURCE, Market Size in USD Million and Volume in Kilotons (2019-2027)
    1. Introduction
    2. Natural
      1. Plants
      2. Animals
    3. Synthetic
  7. GLOBAL FRAGRANCE INGREDIENTS MARKET BY APPLICATION, Market Size in USD Million and Volume in Kilotons (2019-2027)
    1. Introduction
    2. Personal Care Products
    3. Household Products
      1. Laundry Detergents
      2. Room and Car Fresheners
  8. GLOBAL FRAGRANCE INGREDIENTS MARKET BY REGION, Market Size in USD Million and Volume in Kilotons (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  9. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  10. COMPANY PROFILES
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Firmenich SA
    3. International Flavors & Fragrances Inc.
    4. Givaudan 
    5. Joh. Vögele KG
    6. Procter & Gamble
    7. MANE
    8. ROBERTET 
    9. Symrise 
    10. T. HASEGAWA CO. LTD. 
    11. Ernesto Ventós, S.A.
    12. Other Key Companies
  11. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options


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