Global Natural Flavors And Fragrances Market Size & Outlook

The global natural flavors and fragrances market size was estimated at USD 21,777.8 million in 2022 and is projected to reach USD 33,864.1 million by 2030, growing at a CAGR of 5.7% from 2023 to 2030.
Revenue, 2022 (US$M)
$21,777.8
Forecast, 2030 (US$M)
$33,864.1
CAGR, 2023 - 2030
5.7%
Report Coverage
Worldwide

Global natural flavors and fragrances market, 2018-2030 (US$M)

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Global natural flavors and fragrances market highlights

  • The global natural flavors and fragrances market generated a revenue of USD 21,777.8 million in 2022 and is expected to reach USD 33,864.1 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 5.7% by 2030.
  • In terms of segment, essential oils accounted for a revenue of USD 18,825.3 million in 2022.
  • Essential Oils is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Portugal is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 21,777.8 million
Market revenue in 2030USD 33,864.1 million
Growth rate5.7% (CAGR from 2022 to 2030)
Largest segmentEssential oils
Fastest growing segmentEssential Oils
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEssential Oils, Oleoresins

Other key industry trends

  • In terms of revenue, the North America accounted for 22.7% of the global natural flavors and fragrances market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Portugal is the fastest growing regional market and is projected to reach USD 67.6 million by 2030.

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Natural Flavors And Fragrances Market Scope

Natural flavors and fragrances market segmentation & scope
Others
Others
Others
Others
Others
Others
Esters
Methyl Decanoate
Others
Ethyl acetate
Benzyl Acetate
Ethyl benzoate
Others
Others
Others
Others
Others
Others
Others
Others
Others
Alcohols
Others
Lauryl Alcohol
Menthol
Aldehydes
Others
Benzaldehyde
Vanillin
Phenols
Ethylvanillin
Others
Terpenes
Camphor
Eucalyptol
Others
Limonene

Natural Flavors And Fragrances Market Companies

Name Profile # Employees HQ Website
Falcon Oil & Gas Ltd View profile 5 68 Merrion Square South, Dublin, Ireland, 2 http://www.falconoilandgas.com
Blue Pacific Solar View profile 1-10 Osceola, Iowa, United States, North America https://www.bluepacificsolar.com
Flavex Naturextrakte View profile 11-50 Rehlingen-siersburg, Saarland, Germany, Europe https://www.flavex.com
MANE View profile 5001-10000 Le Bar, Provence-Alpes-Cote d'Azur, France, Europe https://www.mane.com/
McCormick & Co Inc View profile 13800 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 https://www.mccormickcorporation.com
Robertet SA View profile 2358 37, avenue Sidi Brahim, BP 52100, Grasse, France, 6130 http://www.robertet.com
T Hasegawa Co Ltd View profile 2013 4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, Japan, 103-8431 https://www.t-hasegawa.co.jp
Takasago International Corp View profile 3913 Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, Japan, 144-8721 http://www.takasago.com
Givaudan SA View profile 16263 Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 https://www.givaudan.com
Symrise AG View profile 12435 Muhlenfeldstrasse 1, Holzminden, ST, Germany, 37603 https://www.symrise.com
Young Living View profile 5001-10000 Lehi, Utah, United States, North America http://www.youngliving.com
Biolandes View profile 501-1000 Le Sen, Aquitaine, France, Europe https://www.biolandes.com
International Flavors & Fragrances Inc View profile 21500 521 West 57th Street, New York, NY, United States, 10019-2960 https://www.iff.com
Kerry Group PLC Class A View profile 21000 Prince's Street, Tralee, Kerry, Ireland, V92 EH11 https://www.kerry.com
Sensient Technologies Corp View profile 3956 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 https://www.sensient.com
DSM Firmenich AG View profile 30000 Wurmisweg 576, Kaiseraugst, Switzerland, 4303 https://www.dsm-firmenich.com/corporate/home.html
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global natural flavors and fragrances market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural flavors and fragrances market will help companies and investors design strategic landscapes.


Essential oils was the largest segment with a revenue share of 86.44% in 2022. Horizon Databook has segmented the Global natural flavors and fragrances market based on essential oils, oleoresins covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Natural Flavors And Fragrances Product Outlook (Revenue, USD Million, 2018-2030)
    • Oleoresins
      • Black Pepper
        • Piperine
        • Others
      • Turmeric
        • Curcumin
        • Others
      • Paprika
        • Piperine
        • Others
      • Ginger
        • Gingerol
        • Others
      • Others
    • Others
    • Esters
      • Methyl Decanoate
      • Others
      • Ethyl acetate
      • Benzyl Acetate
      • Ethyl benzoate
    • Essential Oils
      • Eucalyptus
        • Limonene
        • Citral
        • Others
      • Citronella
        • Citronellal
        • Others
      • Ylang Ylang
      • Pepper Mint
        • Others
        • Menthol
        • Menthone
      • Clove
        • Eugenol
        • Others
      • Lavender
        • Linalyl Acetate
        • Others
      • Others
      • Corn Mint
        • Menthone
        • Menthol
        • Others
      • Lemon
        • Camphene
        • Pinene
        • Limonene
      • Orange
        • Limonene
        • Others
        • Myrcene
      • Patchouli
        • Patchouli Alcohol
        • Others
    • Alcohols
      • Others
      • Lauryl Alcohol
      • Menthol
    • Aldehydes
      • Others
      • Benzaldehyde
      • Vanillin
    • Phenols
      • Ethylvanillin
      • Others
    • Terpenes
      • Camphor
      • Eucalyptol
      • Others
      • Limonene

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  • Our clientele includes a mix of natural flavors and fragrances market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global natural flavors and fragrances market , including forecasts for subscribers. This global databook contains high-level insights into Global natural flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global natural flavors and fragrances market size, by region, 2018-2030 (US$M)

Top 10 countries: Natural flavors and fragrances market size, 2022 (US$M)

Global natural flavors and fragrances market share, by product, 2022 & 2030 (%, US$M)

Natural flavors and fragrances market: Opportunity assessment by country

Global natural flavors and fragrances market, by region, 2022 (US$M)

Global natural flavors and fragrances market size, by region, 2018-2030 (US$M)

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