Global Natural Flavors And Fragrances Market Size & Outlook
Global natural flavors and fragrances market, 2018-2030 (US$M)
Related Markets
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 2022 | USD 21,777.8 million |
| Market revenue in 2030 | USD 33,864.1 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Essential oils |
| Fastest growing segment | Essential Oils |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Essential 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 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
- Black Pepper
- 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
- Eucalyptus
- Alcohols
- Others
- Lauryl Alcohol
- Menthol
- Aldehydes
- Others
- Benzaldehyde
- Vanillin
- Phenols
- Ethylvanillin
- Others
- Terpenes
- Camphor
- Eucalyptol
- Others
- Limonene
- Oleoresins
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Target buyers of Global natural flavors and fragrances market databook
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Our clientele includes a mix of natural flavors and fragrances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Partial client list
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)
Related statistics
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