Natural Fragrance Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: Jan 2022 Pages: 120 SKU: IRTNTR71905

The natural fragrance market share is estimated to increase by USD 1.59 billion from 2020 to 2025, at a CAGR of 8.59%.

This market research report extensively covers natural fragrance market segmentations by the following:

  • Application - Household care, personal care and cosmetics, and fine fragrances
  • Geography - Europe, North America, APAC, South America, and MEA

This natural fragrance market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The natural fragrance market report offers information on several market vendors, including Bell Flavors and Fragrances Inc., Carrubba Inc., Firmenich SA, Givaudan SA, International Flavors and Fragrances Inc., Malee Natural Science Ltd., Robertet SA, Sensient Technologies Corp., Symrise AG, and Takasago International Corp. among others.

What will the Natural Fragrance Market Size be During the Forecast Period?

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Natural Fragrance Market: Key Drivers, Trends, and Challenges

The launch of new products containing natural fragrances is notably driving the natural fragrance market growth, although factors such as increasing restrictions regarding the use of products containing fragrances may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the natural fragrance industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Natural Fragrance Market Driver

The launch of new products containing natural products is one of the key drivers supporting natural fragrance market growth. The harmful effects of synthetic fragrances on the skin and overall human health are increasing the demand for natural fragrances in fine fragrance products among consumers. A majority of the ingredients used in synthetic fragrances are derived from petroleum products. The ingredients include benzene derivatives, aldehydes, toluene, and other known chemicals that are linked to cancer, congenital disabilities, central nervous system disorders, and allergic reactions in human beings. Thus, health issues caused by products in synthetic fragrances can support the growth of the global natural fragrance market during the forecast period.

Key Natural Fragrance Market Trend

Increasing online sales of products containing natural fragrances is another factor supporting the natural fragrance market growth. With the help of online retail stores, vendors can offer natural fragrances and attract the internet-savvy customer segment. Online platforms help them avoid huge investment costs in physical stores. The benefits offered by online stores may encourage more vendors to offer their products through online channels during the forecast period.
Thus, the growing emphasis on the online retailing of products containing natural fragrances may increase sales through online channels and influence the global natural fragrance market during the forecast period.

Key Natural Fragrance Market Challenge

The increasing restrictions regarding the use of products containing fragrances are hindering the natural fragrance market growth. The number of people suffering from fragrance allergies is increasing, and various offices and other public places have banned the use of products containing fragrances. For instance, Lake Washington Christian Church (LWCC), US, discourages people visiting the church from using perfume/cologne, aftershave, scented lotion, and body powder inside the building as a first step toward achieving a fragrance-free environment. Thus, restrictions on the use of products containing fragrances (including natural fragrances) in public places and campaigns against the use of fragrances use can hamper the growth of the natural fragrance market in focus during the forecast period.

This natural fragrance market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the natural fragrance market as a part of the global apparel, accessories, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the natural fragrance market during the forecast period.

Who are the Major Natural Fragrance Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Bell Flavors and Fragrances Inc.
  • Carrubba Inc.
  • Firmenich SA
  • Givaudan SA
  • International Flavors and Fragrances Inc.
  • Malee Natural Science Ltd.
  • Robertet SA
  • Sensient Technologies Corp.
  • Symrise AG
  • Takasago International Corp.

 

This statistical study of the natural fragrance market encompasses successful business strategies deployed by the key vendors. The natural fragrance market is fragmented and the vendors are deploying growth strategies such as price and quality to compete in the market.

Product Insights and News

  • Carrubba Inc - The company offers natural fragrance with no synthetic chemicals, more mass appeal and greater flexibility

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The natural fragrance market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Natural Fragrance Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the natural fragrance market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the apparel, accessories, and luxury goods market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

 

Which are the Key Regions for Natural Fragrance Market?

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32% of the market's growth will originate from Europe during the forecast period. US, UK, France, and Germany are the key markets for the natural fragrance market in Europe. Market growth in this region will be faster than the growth of the market in MEA.

Consumers are becoming aware of the health complications of using products containing synthetic fragrances and are focusing on reducing their use of such products. This will facilitate the natural fragrance market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

 In 2020, the outbreak of COVID-19 across Europe had a negative impact on various industries. This was due to the strict lockdowns imposed by the governments of various countries such as Germany, the UK, France, and Italy.  In H2 2020, the factories, warehouses, and other facilities of regional vendors reopened. As a result, the local vendors could meet the demands of consumers. Further, trade restrictions were lifted by the regional governments. Thus, the rising demand for natural fragrances in the regional market will drive the growth of the regional natural fragrance market during the forecast period.

What are the Revenue-generating Application Segments in the Natural Fragrance Market?

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The natural fragrance market share growth by the household care segment will be significant during the forecast period. Household care products include room fresheners, detergents, fabric softeners, room sprays, and scented candles. Thus, the increasing demand for natural scents among consumers is driving the use of natural fragrances in household care products. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the natural fragrance market size and actionable market insights on post COVID-19 impact on each segment.

 

Natural Fragrance Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 8.59%

Market growth 2021-2025

$ 1.59 billion

Market structure

Fragmented

YoY growth (%)

9.72

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 32%

Key consumer countries

US, UK, France, Germany, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Bell Flavors and Fragrances Inc., Carrubba Inc., Firmenich SA, Givaudan SA, International Flavors and Fragrances Inc., Malee Natural Science Ltd., Robertet SA, Sensient Technologies Corp., Symrise AG, and Takasago International Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Natural Fragrance Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive natural fragrance market growth during the next five years
  • Precise estimation of the natural fragrance market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the natural fragrance industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of natural fragrance market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

***1. Executive Summary                         

***2. Market Landscape                            

               **2.1 Market ecosystem             

                              *Exhibit 01: Parent market

               **2.2: Market Characteristics

               *Exhibit 02: Market Characteristics

               **2.2 Value chain analysis           

                              *Exhibit 03: Value Chain Analysis: Apparel, accessories and luxury goods

                              *2.2.1 Inputs

                              *2.2.2 Inbound logistics

                              *2.2.3 Operations

                              *2.2.4 Outbound logistics

                              *2.2.5 Marketing and sales

                              *2.2.6 Service

                              *2.2.7 Support activities

                              *2.2.8 Innovation

***3. Market Sizing                      

               **3.1 Market definition

                              *Exhibit 04: Offerings of vendors included in the market definition

               **3.2 Market segment analysis  

                              *Exhibit 05: Market segments

               **3.3 Market size 2020 

               **3.4 Market outlook: Forecast for 2020 - 2025 

                              *Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)

                              *Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 08: Five forces analysis 2020 & 2025

               **4.2 Bargaining power of buyers            

                              *Exhibit 09: Bargaining power of buyers

               **4.3 Bargaining power of suppliers        

                              *Exhibit 10: Bargaining power of suppliers

               **4.4 Threat of new entrants     

                              *Exhibit 11: Threat of new entrants

               **4.5 Threat of substitutes          

                              *Exhibit 12: Threat of substitutes

               **4.6 Threat of rivalry   

                              *Exhibit 13: Threat of rivalry

               **4.7 Market condition 

                              *Exhibit 14: Market condition - Five forces 2020

***5 Market Segmentation by Application                        

               **5.1 Market segments

                              *The segments covered in this chapter are:

  • *Household care
  • *Personal care and cosmetics
  • *Fine fragrances

                              *Exhibit 15: Application - Market share 2020-2025 (%)

               **5.2 Comparison by Application             

                              *Exhibit 16: Comparison by Application

               **5.3 Household care - Market size and forecast 2020-2025         

                              *Exhibit 17: Household care - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 18: Household care - Year-over-year growth 2020-2025 (%)

               **5.4 Personal care and cosmetics - Market size and forecast 2020-2025

                              *Exhibit 19: Personal care and cosmetics - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 20: Personal care and cosmetics - Year-over-year growth 2020-2025 (%)

               **5.5 Fine fragrances - Market size and forecast 2020-2025         

                              *Exhibit 21: Fine fragrances - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 22: Fine fragrances - Year-over-year growth 2020-2025 (%)

               **5.6 Market opportunity by Application              

                              *Exhibit 23: Market opportunity by Application

***6 Customer landscape                         

                              *Exhibit 24: Customer landscape

***7 Geographic Landscape                     

               **7.1 Geographic segmentation

                              *Exhibit 25: Market share by geography 2020-2025 (%)

               **7.2 Geographic comparison    

                              *Exhibit 26: Geographic comparison

               **7.3 Europe - Market size and forecast 2020-2025         

                              *Exhibit 27: Europe - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)

               **7.4 North America - Market size and forecast 2020-2025          

                              *Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 30: North America - Year-over-year growth 2020-2025 (%)

               **7.5 APAC - Market size and forecast 2020-2025             

                              *Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)

               **7.6 South America - Market size and forecast 2020-2025          

                              *Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 34: South America - Year-over-year growth 2020-2025 (%)

               **7.7 MEA - Market size and forecast 2020-2025              

                              *Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)

                              *Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)

               **7.8 Key leading countries        

                              *Exhibit 37: Key leading countries

               **7.9 Market opportunity by geography

                              *Exhibit 38: Market opportunity by geography

***8 Drivers, Challenges, and Trends                   

               **8.1 Market drivers      

                              *8.1.1 Launch of new products containing natural fragrance

                              *8.1.2 Increasing demand for natural fragrance in fine fragrances

                              *8.1.3 Health issues caused by synthetic fragrances

               **8.2 Market challenges              

                              *8.2.1 Increasing restrictions regarding the use of products containing fragrance

                              *8.2.2 Presence of counterfeit ingredients

                              *8.2.3 Stringent regulations

                              *Exhibit 39: Impact of drivers and challenges

               **8.3 Market trends      

                              *8.3.1 Increasing online sales of products containing natural fragrance

                              *8.3.2 Clean labeling

                              *8.3.3 Increasing consumer awareness about the harmful effects of synthetic chemicals

***9. Vendor Landscape                            

               **10.1   Competitive scenario     

               **10.2   Vendor landscape           

                              *Exhibit 40: Vendor Landscape

               **10.3   Landscape disruption     

                              *Exhibit 41: Landscape disruption

               **10.4   Industry risks     

                              *Exhibit 42: Industry risks

***11.   Vendor Analysis                             

               **11.1   Vendors covered             

                              *Exhibit 43: Vendors covered

               **10.2 Market positioning of vendors   

                              *Exhibit 44: Market positioning of vendors

               **10.3 Bell Flavors and Fragrances Inc.  

                              *Exhibit 45: Bell Flavors and Fragrances Inc. - Overview

                              *Exhibit 46: Bell Flavors and Fragrances Inc. - Product and service

                              *Exhibit 47: Bell Flavors and Fragrances Inc. - Key offerings

               **10.4 Carrubba Inc.     

                              *Exhibit 48: Carrubba Inc. - Overview

                              *Exhibit 49: Carrubba Inc. - Product and service

                              *Exhibit 50: Carrubba Inc. - Key offerings

               **10.5 Firmenich SA      

                              *Exhibit 51: Firmenich SA - Overview

                              *Exhibit 52: Firmenich SA - Product and service

                              *Exhibit 53: Firmenich SA - Key offerings

               **10.6 Givaudan SA       

                              *Exhibit 54: Givaudan SA - Overview

                              *Exhibit 55: Givaudan SA - Business segments

                              *Exhibit 56: Givaudan SA – Key news

                              *Exhibit 57: Givaudan SA - Key offerings

                              *Exhibit 58: Givaudan SA - Segment focus

               **10.7 International Flavors and Fragrances Inc.

                              *Exhibit 59: International Flavors and Fragrances Inc. - Overview

                              *Exhibit 60: International Flavors and Fragrances Inc. - Business segments

                              *Exhibit 61: International Flavors and Fragrances Inc. - Key news

                              *Exhibit 62: International Flavors and Fragrances Inc. - Key offerings

                              *Exhibit 63: International Flavors and Fragrances Inc. - Segment focus

               **10.8 Malee Natural Science Ltd.          

                              *Exhibit 64: Malee Natural Science Ltd. - Overview

                              *Exhibit 65: Malee Natural Science Ltd. - Product and service

                              *Exhibit 66: Malee Natural Science Ltd. - Key offerings

               **10.9 Robertet SA        

                              *Exhibit 67: Robertet SA - Overview

                              *Exhibit 68: Robertet SA - Business segments

                              *Exhibit 69: Robertet SA - Key offerings

                              *Exhibit 70: Robertet SA - Segment focus

               **10.10 Sensient Technologies Corp.     

                              *Exhibit 71: Sensient Technologies Corp. - Overview

                              *Exhibit 72: Sensient Technologies Corp. - Business segments

                              *Exhibit 73: Sensient Technologies Corp. - Key offerings

                              *Exhibit 74: Sensient Technologies Corp. - Segment focus

               **10.11 Symrise AG       

                              *Exhibit 75: Symrise AG - Overview

                              *Exhibit 76: Symrise AG - Business segments

                              *Exhibit 77: Symrise AG - Key offerings

                              *Exhibit 78: Symrise AG - Segment focus

               **10.12 Takasago International Corp.    

                              *Exhibit 79: Takasago International Corp. - Overview

                              *Exhibit 80: Takasago International Corp. - Business segments

                              *Exhibit 81: Takasago International Corp. - Key offerings

                              *Exhibit 82: Takasago International Corp. - Segment focus

***12. Appendix                           

               **12.1 Scope of the report         

                              *12.1.1 ????Market definition

                              *12.1.2 ????Objectives

                              *12.1.3 ????Notes and caveats

               **12.2 Currency conversion rates for US$            

                              *Exhibit 82: ?Currency conversion rates for US$?

               **12.3 Research Methodology   

                              *Exhibit 83: ?Research Methodology

                              *Exhibit 84: ??Validation techniques employed for market sizing?

                              *Exhibit 85: ??Information sources

               **12.4 List of abbreviations        

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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