In-depth research on Natural Fragrance Chemicals Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The report "Natural Fragrance Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts.

The main objective of this report is to define, describe, and forecast the global “Natural Fragrance Chemicals ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Natural fragrance chemicals are aroma compounds physically received from plants, fruits, and spices through extraction, distillation, and expression. Fragrance chemicals that are obtained through natural resources are called natural fragrance chemicals. These naturally obtained chemical substances do not include any levels of toxicity. Natural fragrance chemicals are preferred over synthetic fragrance chemicals due to the rise in consumer awareness about the benefits of using natural products. However, these chemicals are expensive compared to synthetic fragrance chemicals. Also, they possess non-toxic properties.

Natural Fragrance Chemicals Market: Drivers and Restraints

Demand for natural fragrance chemicals is expected to rise, due to the rise in trend of using natural-based ingredients, especially in personal care and other consumer products. Natural fragrance chemicals are intensely associated with product identity due to their capability to trigger emotions. Therefore, it is one of the primary reasons that directly affects consumer inclination toward natural fragrance chemical based cosmetic and personal care products. This shift in consumer preference toward naturally obtained fragrances is anticipated to drive the natural fragrance chemicals market during the forecast period. Implementation of government regulations on synthetic products is anticipated to boost the natural fragrance chemicals market during the next few years. However, the usage of synthetic fragrance chemicals for large volume applications, which offer relatively better performance with lower cost, is expected to hamper the natural fragrance chemicals market during the forecast period.

Natural Fragrance Chemicals Market: Segmentation

Based on type, the natural fragrance chemicals market can be segmented into:

Essential Oils
Oleoresins
Distillates
Fractions
Others (Absolutes, etc.)
Almost all natural fragrance are physically acquired from plants without modifying their chemical structures. Natural fragrance chemicals can be obtained from several natural sources. For instance, a natural apricot scent may comprise natural aromatics from a range of plants (excluding apricot).

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Natural Fragrance Chemicals Market: Segmentation

The natural fragrance chemicals market can be segmented based on application into:

Oral Care
Body Care
Baby Care
Lip Care
Perfumery
Household Cleaners
Others (Cosmetics, etc.)
The natural fragrance chemicals market is expected to expand due to the rise in usage of natural fragrance chemicals by personal care and household manufacturers in various affordable consumer products such as shower gels, soaps, perfumes & deodorants, and creams & lotions. Middle-class consumers, especially from emerging economies, are increasingly realizing the benefits of using natural fragrance chemicals in consumer products. This is estimated to offer lucrative opportunities for the natural fragrance chemicals market during the next few years.

Natural Fragrance Chemicals Market: Region-wise Outlook

In terms of geography, the global natural fragrance chemicals market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe held substantial share of the global natural fragrance chemicals market due to the increase in consumption of natural-ingredients based personal care products. The region is also anticipated to benefit from the presence of numerous leading players. The natural fragrance chemicals market in Asia Pacific is also expected to witness rapid growth in the next few years due to the rise in disposable income of consumers, especially in emerging economies such as China and India. Increase in demand for personal care and household products is also projected to boost the natural fragrance chemicals market in Asia Pacific in the near future.

Natural Fragrance Chemicals Market: Key Players

Key players operating in the natural fragrance chemicals market include:

Symrise AG
Takasago International
Firmenich SA
Givaudan SA
Huabao Intl.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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