Fragrance oil also known as aromatic oil, aroma oil, and flavor oil is generally a synthetic aroma or natural essential oil which is diluted with a carrier such as vegetable oil, propylene glycol or mineral oil. Furthermore, these oils are extensively used as an additive in various day-to-day products such as shower gel, soaps, perfumes, detergent, cosmetics and others and are also added to the products such as scented candles, vaporizers, air fresheners, soaps, household cleaners, and perfumes among others. The rising awareness of personal grooming and hygiene, along with a growing focus on self-care, has led to an increased demand for fragranced personal care products such as perfumes, lotions, and body sprays, propelling the growth of market for fragrance oils. Additionally, the desire for pleasant and inviting living spaces has led to an increased demand for home fragrance products such as candles, air fresheners, and diffusers. Fragrance oils are essential ingredients in these products, creating a comfortable and enjoyable environment. However, the surge in demand for natural aroma, variations and fluctuations raw material prices and strict regulations and policies by regulatory bodies is factors which are likely to impede the market of fragrance oil growth. The Fragrance Oil Market is projected to grow at a rate of 4.25% CAGR by 2028.
The Global Fragrance Oil Market has been analyzed based on Types:
The Global Fragrance Oil Market has been analyzed based on Applications:
- Fine Fragrances
- Personal Care
- Household Products
- Others
The Global Fragrance Oil Market has been analyzed based on Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
As per the type, the market is furcated into Natural and Synthetic type. The natural and plant-based segment led the fragrance oil market in the past due to the natural ingredients however lately; the minimum availability of raw materials had made the production and distribution uneven. In addition to this, the synthetic fragrance oils are low cost and easily available and are tested safer for usage. Henceforth the synthetic segment is projected to rise at a rapid speed during the forecast period
On the basis of application, the fragrance oil market is categorized into Fine Fragrances, Personal Care, Household Products and Others. The trend of adoption of personal-care fragrance oil is rising at a rapid pace and is projected to be the fastest-rising application over the estimated time span. Moreover, the fragrance oils are added to soaps to make them smell good and are also added to lotions and creams to give them a pleasant scent which contributes to the segment growth.
In accordance to the regional analysis, the North America region is anticipated to lead the fragrance oil market. This is due to the high number of manufacturers within this region and increasing the demand from different segments. Asia-Pacific however is supposed to exhibit lucrative growth owing to owing to the rising domestic demand in the developing nations such as India and China.
Furthermore, there was a growing consumer preference for natural and sustainable fragrances across the world. As consumers became more environmentally conscious, there was an increased demand for fragrance oils derived from natural botanical sources, as well as sustainable and eco-friendly production methods. Thus, the sustainable and natural fragrances trend is augmenting the global market growth.
Prominent players of the fragrance oil market are Axxence Aromatic Gmbh, Aromatics International, Senteales, BVM Fragrances Pvt. Ltd, Aromantic Ltd, Alpha Aromatics, Natural Sourcing LLC, Natures Flavors, Sensient Technologies Corporation, Ungerer & Company and Bath Concept Cosmetics (Dong Guan) Co., Ltd.
Therefore, the fragrance oil market is driven by the desire for pleasant and appealing scents in personal care and household products. With the ongoing focus on sustainability and natural products, manufacturers are expected to explore eco-friendly and plant-based alternatives to meet consumer demands. As consumer preferences continue to evolve, the market is likely to witness new trends and innovations in the coming years.
- This study represents the key fragrance oil manufacturers, presenting of sales, revenue, market size and new developments for major players.
- This study analyzes the global and key geographical regions market prospective and advantages, opportunities and challenges, constraints and risks.
- This report further depicts the important trends, drivers, impacting factors of the fragrance oil
- This report represents the competitive outlook in terms of expansions, agreements, new product launches and acquisitions in the market.
Methodology
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
List of Tables
TABLE 1. GLOBAL FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 2. GLOBAL FRAGRANCE OIL MARKET VALUE FOR NATURAL, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 3. GLOBAL FRAGRANCE OIL MARKET VALUE FOR SYNTHETIC, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 4. GLOBAL FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 5. GLOBAL FRAGRANCE OIL MARKET VALUE FOR FINE FRAGRANCES, 2022-2028 (USD BILLION)
TABLE 6. GLOBAL FRAGRANCE OIL MARKET VALUE FOR PERSONAL CARE, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 7. GLOBAL FRAGRANCE OIL MARKET VALUE FOR HOUSEHOLD PRODUCTS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 8. GLOBAL FRAGRANCE OIL MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2022-2028 (USD BILLION)
TABLE 9. NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 10. NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 11. NORTH AMERICA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 12. U.S FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 13. U.S FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 14. CANADA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 15. CANADA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 16. EUROPE FRAGRANCE OIL MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 17. EUROPE FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 18. EUROPE FRAGRANCE OIL MARKET VALUE, APPLICATION, 2022-2028 (USD BILLION)
TABLE 19. GERMANY FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 20. GERMANY FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 21. U.K FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 22. U.K FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 23. FRANCE FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 24. FRANCE FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 25. ITALY FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 26. ITALY FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 27. SPAIN FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 28. SPAIN FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 29. ROE FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 30. ROE FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 31. ASIA PACIFC FRAGRANCE OIL MARKET VALUE, BY COUNTRY, 2022-2028 (USD BILLION)
TABLE 32. ASIA PACIFC FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 33. ASIA PACIFC FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 34. CHINA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 35. CHINA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 36. INDIA FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 37. INDIA FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 38. JAPAN FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 39. JAPAN FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 40. REST OF APAC FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 41. REST OF APAC FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 42. REST OF WORLD FRAGRANCE OIL MARKET VALUE, BY TYPE, 2022-2028 (USD BILLION)
TABLE 43. REST OF WORLD FRAGRANCE OIL MARKET VALUE, BY APPLICATION, 2022-2028 (USD BILLION)
TABLE 44. AXXENCE AROMATIC GMBH: FINANCIALS
TABLE 45. AXXENCE AROMATIC GMBH: PRODUCTS & SERVICES
TABLE 46. AXXENCE AROMATIC GMBH: RECENT DEVELOPMENTS
TABLE 47. AROMATICS INTERNATIONAL: FINANCIALS
TABLE 48. AROMATICS INTERNATIONAL: PRODUCTS & SERVICES
TABLE 49. AROMATICS INTERNATIONAL: RECENT DEVELOPMENTS
TABLE 50. SENTEALES: FINANCIALS
TABLE 51. SENTEALES: PRODUCTS & SERVICES
TABLE 52. SENTEALES: RECENT DEVELOPMENTS
TABLE 53. BVM FRAGRANCES PVT.LTD: FINANCIALS
TABLE 54. BVM FRAGRANCES PVT.LTD: PRODUCTS & SERVICES
TABLE 55. BVM FRAGRANCES PVT.LTD: RECENT DEVELOPMENTS
TABLE 56. AROMANTIC LTD: FINANCIALS
TABLE 57. AROMANTIC LTD: PRODUCTS & SERVICES
TABLE 58. AROMANTIC LTD: RECENT DEVELOPMENTS
TABLE 59. ALPHA AROMATICS: FINANCIALS
TABLE 60. ALPHA AROMATICS: PRODUCTS & SERVICES
TABLE 61. ALPHA AROMATICS: RECENT DEVELOPMENTS
TABLE 62. NATURAL SOURCING LLC: FINANCIALS
TABLE 63. NATURAL SOURCING LLC: PRODUCTS & SERVICES
TABLE 64. NATURAL SOURCING LLC: RECENT DEVELOPMENTS
TABLE 65. NATURES FLAVORS: FINANCIALS
TABLE 66. NATURES FLAVORS: PRODUCTS & SERVICES
TABLE 67. NATURES FLAVORS: RECENT DEVELOPMENTS
TABLE 68. SENSIENT TECHNOLOGIES CORPORATION: FINANCIALS
TABLE 69. SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS & SERVICES
TABLE 70. SENSIENT TECHNOLOGIES CORPORATION: RECENT DEVELOPMENTS
TABLE 71. UNGERER & COMPANY: FINANCIALS
TABLE 72. UNGERER & COMPANY: PRODUCTS & SERVICES
TABLE 73. UNGERER & COMPANY: RECENT DEVELOPMENTS
TABLE 74. BATH CONCEPT COSMETICS (DONG GUAN) CO., LTD.: FINANCIALS
TABLE 75. BATH CONCEPT COSMETICS (DONG GUAN) CO., LTD.: PRODUCTS & SERVICES
TABLE 76. BATH CONCEPT COSMETICS (DONG GUAN) CO., LTD.: RECENT DEVELOPMENTS
