Natural fragrances are the complex compositions of the naturally available raw materials like fractions of essential oils, isolates, distillates, resins, and volatile concentrates. Natural fragrance is obtained from natural raw materials that are physically obtained by plants by using extraction, expression and distillation process. Synthetically reconstituted essential oils are synthetic nature-identical ingredients that are intentionally chemically modified natural materials. The growing demand for natural fragrances from the personal care and cosmetics industry is a vital factor for the growth and global expansion of natural fragrances market.
MARKET DYNAMICS
The natural fragrance market is assumed to grow in the forecast owing to the rising demand for natural products and fragrances. The changing lifestyle and preferences of consumers towards natural fragrances are going to be a contributing factor to boost the natural fragrances market. However, the high cost involved in the production and research and development might restrict the growth of the natural fragrance market. On the other hand, the high growth potential from the emerging economies is likely to showcase growth opportunities for the natural fragrance market during the forecast period.
MARKET SCOPE
The "Global Natural Fragrance Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of natural fragrance market with detailed market segmentation by ingredients, applications, and geography. The global natural fragrance market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading natural fragrance market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global natural fragrance market is segmented on the basis of ingredients, and applications. Based on ingredients, the market is segmented as essential oils, and natural extracts. On the basis of applications, the market is segmented as fine fragrances, personal care & cosmetics, household care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global natural fragrance market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The natural fragrance market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting natural fragrance market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the natural fragrance market in these regions.
MARKET PLAYERS
The reports cover key developments in the natural fragrance market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from natural fragrance market are anticipated to lucrative growth opportunities in the future with the rising demand for natural fragrance in the global market. Below mentioned is the list of few companies engaged in the natural fragrance market.
The report also includes the profiles of key natural fragrance companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Bell Flavors & Fragrances
- Firmenich SA
- Givaudan SA
- International Flavors & Fragrances
- Mane
- Robertet
- Sensient Technologies Corporation
- Symrise
- T. Hasegawa Co. Ltd.
- Takasago International Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.