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Natural Fragrance Chemicals Market Segmentation By Chemistry (Benzenoids, Musk Chemicals, Terpenoids & Terpenes, Ketones, Esters, Aldehydes and Others); By End-User Industries (Food and Beverage Industry, Pharmaceutical Industry, Cosmetics Industry, Home Care, Health Care and Others) - Global Demand Analysis & Opportunity Outlook 2027

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Extensive insights into the Growth of Natural Fragrance Chemicals Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Global Natural Fragrance Chemicals Market Overview

Natural fragrance chemicals can be derived naturally from plants, fruits and spices or the can be synthetically obtained. These aromatic chemicals can be extracted from essential oils, oleoresins, distillates, fractions and others. Natural fragrance chemicals are used in extensive range of products in wide range of end-user industries on account of changing consumer behavior. Consumers demand for more eccentric fragrances in various end-use products has resulted in extensive research and development of new variety of natural fragrance chemicals. Natural fragrance chemicals are used in baby oils, household cleaners, oral care, room fresheners, detergents, mosquito repellents, soaps and many more products. The property of these chemicals being non-toxic to synthetic chemicals makes them more attractive to end-use industry manufacturers. On account of these fragrances obtained from natural resources, natural fragrance can be used for therapeutic purposes as well helping to relieve stress, body pain and skin problems. These chemicals are comprehensively used in the perfume industry for personal care. The natural fragrances obtained consist of various natural fragrances that could be fruit-based, flower-based, musk-based, wood-based, spice-based and various other aromas present in the nature. Natural fragrance chemicals are also being used in pharmaceutical and healthcare industry from a past few years. These extensive applications of natural fragrances are predicted to drive the market sturdily over the forecast period.

Market Size & Forecast

Natural Fragrance Chemicals Market is anticipated to record a CAGR of 7.2% over the forecast period. The natural fragrance chemicals market is predicted to reach at USD 7.12 billion at the end of the forecast period. Many multi-national companies are concentrating towards new product advances in natural fragrance chemicals. Moreover, new uses for natural fragrance chemicals are discovered on regular basis in various new products such as humidifiers, aroma diffusers, cleansing foams and others which are expected to drive the natural fragrance chemicals market rapidly.

Currently the global natural fragrance chemicals market is observing vibrant growth owing to increasing demand of aroma beauty as well as personal care products in the market. Advances in fragrance industry in the past few years and growing chemical explorations are projected to drive natural fragrance chemicals market besides the wide range of functions of natural fragrance chemicals in an immense range of products such as candles, baby powders, hair oils, shampoos, candies, syrups, detergents, and toiletries during the forecast period.

On the basis of regional platform, global Natural Fragrance Chemicals market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

As a precursor to fragrance builder in perfumery industry, North America is panned to observe substantial natural fragrance chemicals market growth due to rising natural fragrance chemicals usage in cosmetics and personal care products. North America is estimated to be followed by Asia-Pacific in terms of consumption due to expanding natural fragrance chemicals requirements in home care and healthcare industries. Due to multiplying natural fragrance chemicals uses in growing aroma therapy industry to reduce pain, stress and depression, Asia Pacific is budding as a regional natural fragrance chemicals consumption market.

Europe is expected to drive demand at a modest rate and impact natural fragrance chemicals market growth over the forecast period owing to modest economic conditions in certain parts of the European region. However, enjoyment of fragrance goes beyond the personal satisfaction for the European population and is anticipated to impact the natural fragrance chemicals market across the region over the forecast period.CLICK TO DOWNLOAD FREE SAMPLE

Natural Fragrance Chemicals Market

Market Segmentation

Our-in depth analysis of the global Natural Fragrance Chemicals market includes the following segments:

By Chemistry

  • Benzenoids
  • Musk Chemicals
  • Terpenoids & Terpenes
  • Ketones
  • Esters
  • Aldehydes
  • Others

By End-User Industries

  • Food And Beverage Industry
  • Pharmaceutical Industry
  • Cosmetics Industry
  • Home Care
  • Health Care
  • Others

By Region

Global Natural Fragrance Chemicals Market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

Growth Drivers & Challenges

The rising demand for natural fragrance chemicals and its products for various processes in pharmaceutical, cosmetic, food and beverage industries are expected to drive the market rapidly over the forecast period. The growing R&D activity associated to natural fragrance chemicals is further expected to increase the market growth on account of the discovery of new applications on regular basis. Rapid economic development with increasing disposable income of the current population is expected to boost the natural fragrance chemicals market. Moreover, growing urbanization and increasing adoption of premium products on account of changing lifestyles is anticipated to contribute significantly to the growth of natural fragrance chemicals over the forecast period across the globe.

However, the cost constraints associated to natural fragrance chemicals as well as presence of synthetic alternatives in the market is predicted to slowdown the rapid growth of natural fragrance chemicals during the forecast period.

Key Players

  • Paris Fragrances USA
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Givaudan
  • Sensient Technologies Corporation
  • International Flavors & Fragrances Inc.
  • Symrise
  • Kerry Group Plc.
  • Firmenich SA
  • Takasago International Corporation
  • Frutarom
  • Bell Flavors and Fragrances


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