GVR Report cover Anisole Market Size, Share & Trends Report

Anisole Market Size, Share & Trends Analysis Report By Grade (Up To 99.5%, Above 99.5%), By End-use (Perfumes, Pharmaceutical, Insect Pheromones), By Region (North America, Europe, Asia Pacific, MEA), And Segment Forecasts, 2025 - 2030

  • Report ID: 978-1-68038-598-4
  • Number of Report Pages: 80
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2023
  • Forecast Period: 2025 - 2030 
  • Industry: Bulk Chemicals

Anisole Market Size & Trends

The global anisole market size was valued at USD 90.7 million in 2024 and is anticipated to grow at a CAGR of 6.1% from 2025 to 2030. This growth is attributed to the growing demand in the pharmaceutical and cosmetics industries, as anisole is widely used in fragrances and drug formulations. In addition, the rise in disposable incomes, particularly in developing regions, boosts consumer spending on personal care products. Furthermore, supportive regulations for anisole production and a shift towards eco-friendly alternatives enhance its market potential.

Anisole Market Size, By Grade, 2020 - 2030 (USD Million)

Anisole is an organic compound characterized by its aromatic structure, consisting of a methoxy group attached to a benzene ring. The increasing interest in bio-based anisole presents numerous opportunities within the market as various industries transition towards more sustainable practices. This shift is largely influenced by global trends favoring eco-friendly chemical products, supported by regulatory measures such as the European Green Deal that advocate for greener industrial policies.

In addition, the pharmaceutical sector significantly propels the anisole market, as it serves as a crucial intermediate in producing many drugs, including anti-inflammatory and analgesic medications. With an aging population and a growing prevalence of chronic diseases, the need for pharmaceuticals continues to rise, thereby increasing the demand for anisole. Furthermore, the flavor and fragrance industry utilizes anisole extensively in perfumes, cosmetics, and household products. The expanding luxury goods market and the popularity of essential oils further enhance this demand.

Moreover, anisole plays a vital role in agrochemicals, which create pesticides and herbicides. The need for effective crop protection solutions drives its consumption as agricultural demands grow alongside population increases.

Grade Insights

Up to 99.5% grade segment led the global anisole industry and accounted for the largest revenue share of 54.7% in 2024. This growth is attributed to its extensive applications in pharmaceuticals and cosmetics. This grade is often favored for its cost-effectiveness while meeting the purity standards for various formulations. In addition, the increasing demand for affordable yet effective ingredients in personal care products and medications propels the consumption of anisole within this purity range as manufacturers seek to balance quality with production costs.

Above 99.5% grade is expected to grow at the fastest CAGR of 6.6% over the forecast period, owing to benefits from rising demand for high-purity anisole in specialized applications, particularly in the pharmaceutical industry. In addition, this segment is essential for producing active pharmaceutical ingredients and high-end fragrances, where superior purity is crucial for efficacy and safety. Furthermore, advancements in manufacturing processes that enhance purity levels contribute to the growth of this segment as industries increasingly prioritize quality and regulatory compliance in their products.

End-use Insights

The perfumes end use segment dominated the market and accounted for the highest revenue share of 51.4% in 2024, primarily driven by the increasing demand for unique and personalized fragrances. Anisole's sweet, pleasant aroma makes it a popular ingredient in luxury and mass-market perfumes, enhancing their overall scent profiles. Furthermore, expanding the cosmetics industry and rising disposable incomes contribute to greater spending on personal care products, further driving the demand for anisole in fragrance formulations.

Anisole Market Size, By End-use, 2024 (%)

Insect pheromones are expected to grow at a CAGR of 6.0% from 2025 to 2030, owing to the growing emphasis on eco-friendly pest control solutions. In addition, anisole serves as a key component in synthesizing these pheromones, which are increasingly used in agricultural practices to manage pest populations sustainably. Furthermore, the shift towards green chemistry and natural alternatives in agriculture propels the demand for insect pheromones, positioning anisole as essential in developing effective and environmentally friendly pest management strategies.

Regional Insights

The Asia Pacific anisole market dominated the global market and accounted for the largest revenue share of 32.0% in 2024. This growth is attributed to the rising demand for personal care products, particularly cosmetics and fragrances. In addition, as disposable incomes increase and consumer preferences shift towards premium products, the market for anisole is expanding rapidly. Furthermore, the growing population in urban areas and a heightened focus on grooming and self-care drive the consumption of scented products.

Anisole Market Trends, by Region, 2025 - 2030

China Anisole Market Trends

The anisole market in China led the Asia Pacific market and accounted for the largest revenue share in 2024, driven by its large population and urbanization trends that create a vast consumer base for cosmetics and personal care items. In addition, the increasing focus on quality and brand awareness among Chinese consumers is propelling demand for high-purity anisole in fragrance formulations. Furthermore, government initiatives promoting green chemistry encourage using bio-based chemicals, including anisole, thereby enhancing its market potential within the country.

North America Anisole Market Trends

North America anisole market is expected to grow at the fastest CAGR of 6.5% over the forecast period, owing to technological advancements and innovation within the chemical sector. In addition, the region's well-established pharmaceutical and cosmetic industries are driving demand for high-quality anisole as an essential ingredient in various formulations. Furthermore, ongoing research and development efforts aim to improve production methods, making them more efficient and environmentally friendly.

The U.S. anisole market dominated the North American market with the highest revenue share in 2024, primarily driven by a robust pharmaceutical sector that relies heavily on high-purity ingredients for drug formulation. Furthermore, the growing prevalence of chronic diseases has increased the demand for pharmaceuticals, boosting the need for anisole as a key intermediate. Moreover, the rising trend of eco-conscious consumers is prompting manufacturers to explore sustainable sourcing options, further driving the demand for bio-based anisole in various applications.

Europe Anisole Market Trends

Europe anisole market is expected to grow significantly over the forecast period, owing to strong demand from the pharmaceutical and fragrance industries. Furthermore, Germany’s well-established chemical sector emphasizes high-quality standards, which enhances the need for pure anisole in drug manufacturing and scent compositions. Moreover, regulatory frameworks promoting sustainable practices encourage manufacturers to adopt greener alternatives, thus increasing interest in bio-based anisole production within the region.

Key Anisole Company Insights

Key players in the global anisole industry include Evonik Industries AG, Solvay, Tokyo Chemical Industry Co., Ltd., and others. These companies employ several strategies to enhance their competitive edge, including investing in research and development to innovate and improve production processes and ensure higher purity levels and efficiency. Furthermore, companies are forming strategic partnerships and collaborations to expand their market reach and access new customer segments.

  • Solvay manufactures a diverse range of products, including anisole. The company operates within several segments, focusing on pharmaceuticals, agrochemicals, and specialty chemicals. Anisole is utilized as a key ingredient in various applications, such as fragrances, and as an intermediate in drug formulations.

  • Camlin Fine Sciences Ltd. offers various products, including anisole. The company operates primarily in the food, pharmaceutical, and agrochemical segments, focusing on providing high-quality ingredients for these industries. Anisole produced by the company is used in applications ranging from flavoring agents to intermediate pharmaceutical compounds.

Key Anisole Companies:

The following are the leading companies in the anisole market. These companies collectively hold the largest market share and dictate industry trends.

  • Evonik Industries AG
  • Atul Ltd
  • Solvay
  • Tokyo Chemical Industry Co., Ltd.
  • SURYA LIFE SCIENCES LTD.
  • Thermo Fisher Scientific
  • Emmennar Pharma Pvt. Ltd.
  • Benzo Chem Industries Pvt. Ltd.
  • Merck KGaA
  • Camlin Fine Sciences Ltd.

Anisole Market Report Scope

Report Attribute

Details

Market size value in 2025

USD 96.3 million

Revenue forecast in 2030

USD 129.6 million

Growth Rate

CAGR of 6.1% from 2025 to 2030

Base year for estimation

2024

Historical data

2018 - 2023

Forecast period

2025 - 2030

Quantitative units

Volume in kilotons, Revenue in USD million and CAGR from 2025 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Grade, end-use, region

Regional scope

North America; Asia Pacific; Europe; Latin America; Middle East and Africa

Country scope

U.S.; Canada; Mexico; Germany; UK; France; Italy; Spain; China; India; Japan; South Korea; Brazil; Argentina; Saudi Arabia; South Africa

Key companies profiled

Evonik Industries AG; Atul Ltd; Solvay; Tokyo Chemical Industry Co., Ltd.; SURYA LIFE SCIENCES LTD.; Thermo Fisher Scientific; Emmennar Pharma Pvt. Ltd.; Benzo Chem Industries Pvt. Ltd.; Merck KGaA; Camlin Fine Sciences Ltd.

Customization scope

Free report customization (equivalent to 8 analyst working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Global Anisole Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and analyzes the latest industry trends in each sub-segment from 2018 to 2030. For this study, Grand View Research has segmented the global anisole market report based on grade, end-use, and region:

Global Anisole Market Report Segmentation

  • Grade Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

    • Up to 99.5%

    • Above 99.5%

  • End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

    • Perfumes

    • Pharmaceuticals

    • Insect Pheromones

    • Others

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Latin America

      • Brazil

      • Argentina

    • Middle East and Africa

      • Saudi Arabia

      • South Africa

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