Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.85 Billion | USD 14.17 Billion | 2.7% | 2024 |
FrequentlyAsked Questions
Fragrances are unique blends of synthetic and natural ingredients that are added to any product to impart a distinct aroma.
The global fragrance ingredients market is expected to grow due to rising demand for personal care and household products, growth in the cosmetics industry, and shifting preference toward natural ingredients.
According to a study, the global fragrance ingredients market size was worth around USD 10.85 Billion in 2024 and is expected to reach USD 14.17 Billion by 2034.
The global fragrance ingredients market is expected to grow at a CAGR of 2.7% during the forecast period.
Europe is expected to dominate the fragrance ingredients market over the forecast period.
Leading players in the global fragrance ingredients market include Symrise AG, Fleur De Fragrances, Veera Fragrances Pvt Ltd., BASF SE, Mane SA, Givaudan SA, BMV Fragrances Pvt. Ltd., Fermenich International SA, Fine Fragrances Private Limited, Vimal LifeSciences Pvt. Ltd, Kalpsutra Chemicals Pvt Ltd, A. B. Enterprises, and International Flavors & Fragrances Inc., among others.
The report explores crucial aspects of the fragrance ingredients market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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