At a CAGR of 5.8%, Global Natural Fragrance Ingredients Market is expected to be worth US$5.3 bn during 2016-2024

The natural fragrance ingredients market across the globe is anticipated to witness a stable growth during the forecast period from 2016 to 2024. Natural fragrance ingredients are aroma compounds which are derived from natural sources such as flowers, fruits, spices and grasses among others. Since they are derived from natural resources mainly through the process of distillation, it does not contain any toxic content thus making it more desirable to use and also costly to purchase.

Global Natural Fragrance Ingredients Market: Segmentation

Natural Fragrance market has been segmented into flower based fragrance ingredients, fruit based, spice based, wood based and musk based fragrance ingredients in terms of product types in the scope of research. Some of the popular flowers used in making essential oils which are in turn used in making fine fragrances are rose, jasmine, violets, lavender, lily, orange flower, moonflower, magnolia, plumeria, chamomile, rosemary, and sweet pea among others. Fruit based fragrance ingredients are used for their fresh and invigorating smell.

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Mango, Guava, Peaches, Blueberries are some of the fruits which are used to derive fragrance ingredients which are used in perfumes and in various applications. Wood based fragrance ingredients are derived mainly from cedars, pine and fir, balsam, mahogany and sandalwood among others. Amber wood is also used widely especially in making perfumes. Wood based fragrance ingredients form the base of fragrances and therefore are highly demanded. Musk based fragrance ingredients are derived mainly from the Musk Deer which is inhabitant of the Himalayan region. The Musk deer are endangered species and therefore the source of deriving musk based fragrance ingredients have shifted and nowadays it’s been derived from some plants like the Angelica archangelica, among others. Spice based fragrance ingredients includes the involvement of asafetida, cumin, clove, bay leaves, and cardamom among others.

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This report provides the future anticipated market growth of natural fragrance ingredients during the period from 2016 to 2024 along with a current market synopsis. The report also provides in-depth analysis of the natural fragrance ingredients market across various product type and applications. Various economic factors predicted to affect the demand and supply of natural fragrance ingredients across the globe is also highlighted in this report. In addition, the report also sheds light on the detailed industry structures, market share of the leading manufacturers and future predictive demand and supply in terms of revenue in order to provide a detailed analysis of the market.

Global Natural Fragrance Ingredients Market: Geographical Outlook

By geography, the global natural fragrance ingredients market has been further classified into North America, Europe, Asia Pacific, Middle East and Africa (MEA) and Latin America. The present market size in terms of revenue (USD Million) along with forecast from 2016 to 2024is also provided in this report.

Key Players Mentioned in this Report are:

Some of the key players operating in the natural fragrance ingredients market across the globe are, Givaudan SA (Switzerland), Firmenich SA (Switzerland), Symrise AG (Germany), International Flavors and Fragrance (IFF) (U.S.), Sensient Flavors and Fragrances (U.S.) and Takasago International (Japan), among others.

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This release was published on openPR.