Fragrance Ingredients Market by Type (Essential Oils and Aroma Chemicals), by Application (Cosmetics & Toiletries, and Soaps & Detergents) & by Geography - Global Trends & Forecasts to 2019
The fragrance ingredients market has grown exponentially in the last few years and this trend is projected to continue. The market was valued at $12,383.25 million in 2013; and at a CAGR of 5.6% from 2014, the market is projected to reach $17,104.21 million by 2019. The market is being driven by the change in consumer preferences, significant technological advancements, and increase in demand from emerging economies for natural fragrances due to health concerns related to synthetic chemicals. The fragrance ingredients market is facing various challenges such as high cost of migration from synthetic to natural sources, lack of transparency in fragrance patent protection laws, and health concerns related to synthetic products. Potential opportunities exist in the Asian and Latin American regions due to the low cost of raw materials for natural ingredients and the availability of labor. Fragrances also are finding applications in various unconventional products such as deodorants with chocolate fragrance.
Europe accounted for the largest share of the fragrance ingredients market in 2013. However, in the next five years, the market in Latin America is projected to grow at the highest CAGR, followed by the Asia-Pacific region. These regions are projected to be the emerging revenue-generating pockets for the market players.
In this report, the fragrance ingredients market has broadly been segmented on the basis of types, applications, and regions. The report has further been divided into sub-segments. Ther market for essential oils has been sub-segmented into orange, M. arvensis, eucalyptus, cedarwood, citronella and others (Basil, camphor, clove, coriander, jamrosa, lemongrass, litsea cubeca, patchouli, and sassafras). On the other hand, the market for aroma chemicals have been further sub-segmented into terpenes, benzenoids, musk chemicals and others (aliphatic, alicyclic, and heterocyclic compounds). The increase in inclination towards the use of branded fragrances from various countries as a result of globalization, rise in the disposable income, and growth in population are the key factors driving the growth of the market in the developing regions. The fragrance ingredients market is marked with intense competition due to the presence of a large number of both large- and small-scale firms. Expansions, acquisitions, and new product developments are the key strategies adopted by market players in order to ensure their growth in the market. The market is dominated by players such as BASF SE (Germany), Symrise AG (Germany), Givaudan SA (Switzerland), and International Flavors & Fragrances Inc. (U.S.).
Europe accounted for the largest share of the fragrance ingredients market in 2013. However, in the next five years, the market in Latin America is projected to grow at the highest CAGR, followed by the Asia-Pacific region. These regions are projected to be the emerging revenue-generating pockets for the market players.
In this report, the fragrance ingredients market has broadly been segmented on the basis of types, applications, and regions. The report has further been divided into sub-segments. Ther market for essential oils has been sub-segmented into orange, M. arvensis, eucalyptus, cedarwood, citronella and others (Basil, camphor, clove, coriander, jamrosa, lemongrass, litsea cubeca, patchouli, and sassafras). On the other hand, the market for aroma chemicals have been further sub-segmented into terpenes, benzenoids, musk chemicals and others (aliphatic, alicyclic, and heterocyclic compounds). The increase in inclination towards the use of branded fragrances from various countries as a result of globalization, rise in the disposable income, and growth in population are the key factors driving the growth of the market in the developing regions. The fragrance ingredients market is marked with intense competition due to the presence of a large number of both large- and small-scale firms. Expansions, acquisitions, and new product developments are the key strategies adopted by market players in order to ensure their growth in the market. The market is dominated by players such as BASF SE (Germany), Symrise AG (Germany), Givaudan SA (Switzerland), and International Flavors & Fragrances Inc. (U.S.).
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKETS COVERED
1.3 PERIODIZATION CONSIDERED FOR THE FRAGRANCE INGREDIENTS MARKET
1.4 BASE CURRENCY CONSIDERATION FOR FRAGRANCE INGREDIENTS MARKET
1.5 STAKEHOLDERS
1.6 MARKET SCOPE
2 RESEARCH METHODOLOGY
2.1 DESCRIPTION OF THE FRAGRANCE INGREDIENTS DEMAND MODEL
2.1.1 CHANGING CONSUMER PREFERENCES: HEALTH & IMAGE
2.1.2 POPULATION GROWTH & URBANIZATION TREND
2.2 MARKET SIZE ESTIMATION
2.3 MARKET CRACKDOWN & DATA TRIANGULATION
2.4 MARKET SHARE ESTIMATION
2.4.1 KEY DATA TAKEN FROM SECONDARY SOURCES
2.4.2 KEY DATA FROM PRIMARY SOURCES
2.4.2.1 Key Industry Insights
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR FRAGRANCE INGREDIENTS
4.2 FRAGRANCE INGREDIENTS MARKET: PRODUCT SEGMENT, BY APPLICATION
4.3 FRAGRANCE INGREDIENTS MARKET: PRODUCT SEGMENT, BY REGION
4.4 U.S.: THE DOMINANT MARKET
4.5 LIFE CYCLE ANALYSIS, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 EVOLUTION
5.3 MARKET SEGMENTATION
5.3.1 FRAGRANCE INGREDIENTS MARKET, BY TYPE
5.3.2 FRAGRANCE INGREDIENTS MARKET, BY APPLICATION
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Rise in Demand for Cleaning Products
5.4.1.2 Changing Consumer Preferences
5.4.1.3 Increase in Demand for Natural Fragrance Ingredients
5.4.1.4 Significant Technological Advancements
5.4.2 RESTRAINTS
5.4.2.1 Expensive R&D Practices
5.4.2.2 Regulatory Standards
5.5 OPPORTUNITIES
5.5.1 GREENFIELD VENTURES IN ASIA-PACIFIC AND LATIN AMERICA
5.5.2 WIDENING SCOPE FOR THE EMERGING APPLICATIONS
5.6 CHALLENGES
5.6.1 HIGH COST OF MIGRATION FROM SYNTHETIC TO NATURAL SOURCES
5.6.2 CONCERNS RELATED TO SYNTHETIC PRODUCTS
5.6.3 LACK OF TRANSPARENCY IN PATENT PROTECTION LAWS
5.7 BURNING ISSUE: NATURAL VERSUS SYNTHETIC: A DEBATE
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 SUPPLY CHAIN ANALYSIS
6.3.1 KEY INFLUENCERS
6.4 INDUSTRY TRENDS
6.5 PORTER’S FIVE FORCES ANALYSIS
6.6 THREAT OF NEW ENTRANTS
6.6.1 THREAT OF SUBSTITUTES
6.6.2 BARGAINING POWER OF SUPPLIERS
6.6.3 BARGAINING POWER OF BUYERS
6.6.4 INTENSITY OF COMPETITIVE RIVALRY
6.7 PEST ANALYSIS
6.7.1 POLITICAL FACTORS
6.7.2 ECONOMIC FACTORS
6.7.3 SOCIAL FACTORS
6.7.4 TECHNOLOGICAL FACTORS
6.8 STRATEGIC BENCHMARKING
6.8.1 DISCOVERING OPPORTUNITIES THROUGH EXPANSIONS
6.8.2 TARGETED ACQUISITIONS OF MEDIUM-SIZED PLAYERS
7 FRAGRANCE INGREDIENTS MARKET, BY TYPE
7.1 INTRODUCTION
7.2 FRAGRANCE INGREDIENTS MARKET, BY TYPE
7.3 ESSENTIAL OILS
7.3.1 ORANGE
7.3.2 MENTHA ARVENSIS
7.3.3 EUCALYPTUS
7.3.4 CEDARWOOD
7.3.5 CITRONELLA
7.3.6 OTHER ESSENTIAL OILS AS FRAGRANCE INGREDIENTS
7.4 AROMA CHEMICALS
7.4.1 TERPENES
7.4.2 BENZENOIDS
7.4.3 MUSK CHEMICALS
7.4.4 OTHER AROMA CHEMICALS AS FRAGRANCE INGREDIENTS
8 FRAGRANCE INGREDIENTS MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 COSMETICS & TOILETRIES
8.3 FINE FRAGRANCES
8.4 SOAPS & DETERGENTS
8.5 OTHER APPLICATIONS
9 FRAGRANCE INGREDIENTS MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 U.S.
9.2.2 MEXICO
9.2.3 CANADA
9.3 EUROPE
9.3.1 FRANCE
9.3.2 GERMANY
9.3.3 U.K.
9.3.4 SPAIN
9.3.5 ITALY
9.3.6 REST OF EUROPE
9.4 ASIA-PACIFIC
9.4.1 CHINA
9.4.2 INDIA
9.4.3 JAPAN
9.4.4 AUSTRALIA
9.4.5 REST OF ASIA-PACIFIC
9.5 LATIN AMERICA
9.5.1 BRAZIL
9.5.2 ARGENTINA
9.5.3 CHILE
9.5.4 REST OF LATIN AMERICA
9.6 REST OF THE WORLD (ROW)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 FRAGRANCE INGREDIENTS MARKET: MARKET SHARE ANALYSIS (DEVELOPMENTS)
10.3 COMPETITIVE SITUATION & TRENDS
10.3.1 EXPANSIONS
10.3.2 AGREEMENTS & PARTNERSHIPS
10.3.3 ACQUISITIONS
10.3.4 NEW PRODUCT LAUNCHES & INVESTMENTS
11 COMPANY PROFILES
11.1 INTRODUCTION
11.2 BASF SE
11.3 FIRMENICH INTERNATIONAL SA
11.4 FRUTAROM INDUSTRIES LTD.
11.5 GIVAUDAN SA
11.6 INTERNATIONAL FLAVORS & FRAGRANCES INC.
11.7 MANE SA
11.8 ROBERTET SA
11.9 SYMRISE AG
11.1 T. HASEGAWA CO., LTD.
11.11 TAKASAGO INTERNATIONAL CORPORATION
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKETS COVERED
1.3 PERIODIZATION CONSIDERED FOR THE FRAGRANCE INGREDIENTS MARKET
1.4 BASE CURRENCY CONSIDERATION FOR FRAGRANCE INGREDIENTS MARKET
1.5 STAKEHOLDERS
1.6 MARKET SCOPE
2 RESEARCH METHODOLOGY
2.1 DESCRIPTION OF THE FRAGRANCE INGREDIENTS DEMAND MODEL
2.1.1 CHANGING CONSUMER PREFERENCES: HEALTH & IMAGE
2.1.2 POPULATION GROWTH & URBANIZATION TREND
2.2 MARKET SIZE ESTIMATION
2.3 MARKET CRACKDOWN & DATA TRIANGULATION
2.4 MARKET SHARE ESTIMATION
2.4.1 KEY DATA TAKEN FROM SECONDARY SOURCES
2.4.2 KEY DATA FROM PRIMARY SOURCES
2.4.2.1 Key Industry Insights
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR FRAGRANCE INGREDIENTS
4.2 FRAGRANCE INGREDIENTS MARKET: PRODUCT SEGMENT, BY APPLICATION
4.3 FRAGRANCE INGREDIENTS MARKET: PRODUCT SEGMENT, BY REGION
4.4 U.S.: THE DOMINANT MARKET
4.5 LIFE CYCLE ANALYSIS, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 EVOLUTION
5.3 MARKET SEGMENTATION
5.3.1 FRAGRANCE INGREDIENTS MARKET, BY TYPE
5.3.2 FRAGRANCE INGREDIENTS MARKET, BY APPLICATION
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Rise in Demand for Cleaning Products
5.4.1.2 Changing Consumer Preferences
5.4.1.3 Increase in Demand for Natural Fragrance Ingredients
5.4.1.4 Significant Technological Advancements
5.4.2 RESTRAINTS
5.4.2.1 Expensive R&D Practices
5.4.2.2 Regulatory Standards
5.5 OPPORTUNITIES
5.5.1 GREENFIELD VENTURES IN ASIA-PACIFIC AND LATIN AMERICA
5.5.2 WIDENING SCOPE FOR THE EMERGING APPLICATIONS
5.6 CHALLENGES
5.6.1 HIGH COST OF MIGRATION FROM SYNTHETIC TO NATURAL SOURCES
5.6.2 CONCERNS RELATED TO SYNTHETIC PRODUCTS
5.6.3 LACK OF TRANSPARENCY IN PATENT PROTECTION LAWS
5.7 BURNING ISSUE: NATURAL VERSUS SYNTHETIC: A DEBATE
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 SUPPLY CHAIN ANALYSIS
6.3.1 KEY INFLUENCERS
6.4 INDUSTRY TRENDS
6.5 PORTER’S FIVE FORCES ANALYSIS
6.6 THREAT OF NEW ENTRANTS
6.6.1 THREAT OF SUBSTITUTES
6.6.2 BARGAINING POWER OF SUPPLIERS
6.6.3 BARGAINING POWER OF BUYERS
6.6.4 INTENSITY OF COMPETITIVE RIVALRY
6.7 PEST ANALYSIS
6.7.1 POLITICAL FACTORS
6.7.2 ECONOMIC FACTORS
6.7.3 SOCIAL FACTORS
6.7.4 TECHNOLOGICAL FACTORS
6.8 STRATEGIC BENCHMARKING
6.8.1 DISCOVERING OPPORTUNITIES THROUGH EXPANSIONS
6.8.2 TARGETED ACQUISITIONS OF MEDIUM-SIZED PLAYERS
7 FRAGRANCE INGREDIENTS MARKET, BY TYPE
7.1 INTRODUCTION
7.2 FRAGRANCE INGREDIENTS MARKET, BY TYPE
7.3 ESSENTIAL OILS
7.3.1 ORANGE
7.3.2 MENTHA ARVENSIS
7.3.3 EUCALYPTUS
7.3.4 CEDARWOOD
7.3.5 CITRONELLA
7.3.6 OTHER ESSENTIAL OILS AS FRAGRANCE INGREDIENTS
7.4 AROMA CHEMICALS
7.4.1 TERPENES
7.4.2 BENZENOIDS
7.4.3 MUSK CHEMICALS
7.4.4 OTHER AROMA CHEMICALS AS FRAGRANCE INGREDIENTS
8 FRAGRANCE INGREDIENTS MARKET, BY APPLICATION
8.1 INTRODUCTION
8.2 COSMETICS & TOILETRIES
8.3 FINE FRAGRANCES
8.4 SOAPS & DETERGENTS
8.5 OTHER APPLICATIONS
9 FRAGRANCE INGREDIENTS MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 U.S.
9.2.2 MEXICO
9.2.3 CANADA
9.3 EUROPE
9.3.1 FRANCE
9.3.2 GERMANY
9.3.3 U.K.
9.3.4 SPAIN
9.3.5 ITALY
9.3.6 REST OF EUROPE
9.4 ASIA-PACIFIC
9.4.1 CHINA
9.4.2 INDIA
9.4.3 JAPAN
9.4.4 AUSTRALIA
9.4.5 REST OF ASIA-PACIFIC
9.5 LATIN AMERICA
9.5.1 BRAZIL
9.5.2 ARGENTINA
9.5.3 CHILE
9.5.4 REST OF LATIN AMERICA
9.6 REST OF THE WORLD (ROW)
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 FRAGRANCE INGREDIENTS MARKET: MARKET SHARE ANALYSIS (DEVELOPMENTS)
10.3 COMPETITIVE SITUATION & TRENDS
10.3.1 EXPANSIONS
10.3.2 AGREEMENTS & PARTNERSHIPS
10.3.3 ACQUISITIONS
10.3.4 NEW PRODUCT LAUNCHES & INVESTMENTS
11 COMPANY PROFILES
11.1 INTRODUCTION
11.2 BASF SE
11.3 FIRMENICH INTERNATIONAL SA
11.4 FRUTAROM INDUSTRIES LTD.
11.5 GIVAUDAN SA
11.6 INTERNATIONAL FLAVORS & FRAGRANCES INC.
11.7 MANE SA
11.8 ROBERTET SA
11.9 SYMRISE AG
11.1 T. HASEGAWA CO., LTD.
11.11 TAKASAGO INTERNATIONAL CORPORATION
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
LIST OF TABLES
Tables 1 DEVELOPMENT OF THE FRAGRANCE INGREDIENTS MARKET
Tables 2 WORLD SOAP & DETERGENT SHIPMENTS, BY REGION, 2000-2020 ($BILLION)
Tables 3 PATENT ANALYSIS, 2013
Tables 4 IMPACT OF KEY DRIVERS ON THE FRAGRANCE INGREDIENTS MARKET
Tables 5 IMPACT OF KEY RESTRAINTS ON THE FRAGRANCE INGREDIENTS MARKET
Tables 6 OPPORTUNITIES IN THE FRAGRANCE INGREDIENTS MARKET
Tables 7 CHALLENGES IN THE FRAGRANCE INGREDIENTS MARKET
Tables 8 EXPANSION & ACQUISITION: LEADING TREND AMONG THE PLAYERS
Tables 9 FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 10 PLANT PARTS AS SOURCE OF ESSENTIAL OILS
Tables 11 PLANT-PRODUCING REGIONS
Tables 12 ESSENTIAL OILS MARKET SIZE, BY SUBTYPE, 2012-2019 ($MILLION)
Tables 13 ESSENTIAL OILS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 14 KEY SOURCES OF ESSENTIAL OILS & THEIR PRODUCERS
Tables 15 AROMA CHEMICALS MARKET SIZE, BY SUBTYPE, 2012-2019 ($MILLION)
Tables 16 AROMA CHEMICALS MARKET SIZE, BY REGION, 2014-2019 ($MILLION)
Tables 17 FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 18 FRAGRANCE INGREDIENTS IN COSMETICS & TOILETRIES MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 19 FRAGRANCE INGREDIENTS IN FINE FRAGRANCES MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 20 FRAGRANCE INGREDIENTS IN SOAPS & DETERGENTS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 21 FRAGRANCE INGREDIENTS IN OTHER APPLICATIONS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 22 FRAGRANCE INGREDIENTS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 23 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 24 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012–2019 ($MILLION)
Tables 25 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 26 U.S.: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 27 U.S.: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 28 MEXICO: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 29 MEXICO: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 30 CANADA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2014 ($MILLION)
Tables 31 CANADA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 32 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 33 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 34 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 35 FRANCE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 36 FRANCE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 37 GERMANY: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 38 GERMANY: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 39 U.K.: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 40 U.K.: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 41 SPAIN: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 42 SPAIN: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 43 ITALY: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 44 ITALY: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 45 REST OF EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 46 REST OF EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 47 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 48 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 49 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION)
Tables 50 CHINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 51 CHINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 52 INDIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 53 INDIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 54 JAPAN: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 55 JAPAN: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 56 AUSTRALIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 57 AUSTRALIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 58 REST OF ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 59 REST OF ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 60 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
Tables 61 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 62 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 63 BRAZIL: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 64 BRAZIL: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 65 ARGENTINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 66 ARGENTINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 67 CHILE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 68 CHILE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 71 ROW: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 72 ROW: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION)
Tables 73 EXPANSIONS, 2009-2014
Tables 74 AGREEMENTS & PARTNERSHIPS, 2011-2014
Tables 75 ACQUISITIONS, 2013-2014
Tables 76 NEW PRODUCT LAUNCHES & INVESTEMENTS, 2010-2013
Tables 1 DEVELOPMENT OF THE FRAGRANCE INGREDIENTS MARKET
Tables 2 WORLD SOAP & DETERGENT SHIPMENTS, BY REGION, 2000-2020 ($BILLION)
Tables 3 PATENT ANALYSIS, 2013
Tables 4 IMPACT OF KEY DRIVERS ON THE FRAGRANCE INGREDIENTS MARKET
Tables 5 IMPACT OF KEY RESTRAINTS ON THE FRAGRANCE INGREDIENTS MARKET
Tables 6 OPPORTUNITIES IN THE FRAGRANCE INGREDIENTS MARKET
Tables 7 CHALLENGES IN THE FRAGRANCE INGREDIENTS MARKET
Tables 8 EXPANSION & ACQUISITION: LEADING TREND AMONG THE PLAYERS
Tables 9 FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 10 PLANT PARTS AS SOURCE OF ESSENTIAL OILS
Tables 11 PLANT-PRODUCING REGIONS
Tables 12 ESSENTIAL OILS MARKET SIZE, BY SUBTYPE, 2012-2019 ($MILLION)
Tables 13 ESSENTIAL OILS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 14 KEY SOURCES OF ESSENTIAL OILS & THEIR PRODUCERS
Tables 15 AROMA CHEMICALS MARKET SIZE, BY SUBTYPE, 2012-2019 ($MILLION)
Tables 16 AROMA CHEMICALS MARKET SIZE, BY REGION, 2014-2019 ($MILLION)
Tables 17 FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 18 FRAGRANCE INGREDIENTS IN COSMETICS & TOILETRIES MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 19 FRAGRANCE INGREDIENTS IN FINE FRAGRANCES MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 20 FRAGRANCE INGREDIENTS IN SOAPS & DETERGENTS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 21 FRAGRANCE INGREDIENTS IN OTHER APPLICATIONS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 22 FRAGRANCE INGREDIENTS MARKET SIZE, BY REGION, 2012-2019 ($MILLION)
Tables 23 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 24 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012–2019 ($MILLION)
Tables 25 NORTH AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 26 U.S.: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 27 U.S.: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 28 MEXICO: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 29 MEXICO: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 30 CANADA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2014 ($MILLION)
Tables 31 CANADA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 32 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 33 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 34 EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 35 FRANCE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 36 FRANCE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 37 GERMANY: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 38 GERMANY: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 39 U.K.: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 40 U.K.: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 41 SPAIN: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 42 SPAIN: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 43 ITALY: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 44 ITALY: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 45 REST OF EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 46 REST OF EUROPE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 47 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION)
Tables 48 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 49 ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION)
Tables 50 CHINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 51 CHINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 52 INDIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 53 INDIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 54 JAPAN: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 55 JAPAN: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 56 AUSTRALIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 57 AUSTRALIA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 58 REST OF ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 59 REST OF ASIA-PACIFIC: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 60 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY COUNTRY, 2012-2019 ($MILLION)
Tables 61 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 62 LATIN AMERICA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 63 BRAZIL: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 64 BRAZIL: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 65 ARGENTINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 66 ARGENTINA: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 67 CHILE: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 68 CHILE: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012-2019 ($MILLION)
Tables 71 ROW: FRAGRANCE INGREDIENTS MARKET SIZE, BY TYPE, 2012-2019 ($MILLION)
Tables 72 ROW: FRAGRANCE INGREDIENTS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION)
Tables 73 EXPANSIONS, 2009-2014
Tables 74 AGREEMENTS & PARTNERSHIPS, 2011-2014
Tables 75 ACQUISITIONS, 2013-2014
Tables 76 NEW PRODUCT LAUNCHES & INVESTEMENTS, 2010-2013
The report “Fragrance Ingredients Market by Type (Essential Oils and Aroma Chemicals), by Application (Cosmetics & Toiletries, and Soaps & Detergents) & by Geography - Global Trends & Forecasts to 2019”, has defined and segmented the Fragrance Ingredients Market with analyses and projection of the size and trends in terms of value.
The global market for fragrance ingredients was valued at $12,383.25 Million in 2013. This market is projected to grow at a CAGR of 5.6% from 2014 to reach $17,104.21 Million by 2019.Fragrances are complex combinations of natural and/or synthetic substances that are added to products to give them a distinctive scent. Perfumers work with various fragrance ingredients and combine them in distinctive ways to produce fragrances that are applicable to fine fragrance, personal care, home care, and home design products.
The global market for fragrance ingredients was valued at $12,383.25 Million in 2013. This market is projected to grow at a CAGR of 5.6% from 2014 to reach $17,104.21 Million by 2019. Europe dominated the market in 2013, which was followed by North America. Latin America is projected to be the fastest-growing market between 2014 and 2019.
The Fragrance Ingredients Market is segmented on the basis of end applications as cosmetics & toiletries, fine fragrances, soaps & detergents, and others (household products such as scouring cleaners, wall, woodwork, bathroom and toilet bowl cleaners, candles & incense sticks, and other products such as pesticides and aromatherapy).
Soaps & detergents are estimated to account for the largest share of the total Fragrance Ingredients Market; and the cosmetics & toiletries segment is observed to be the second-highest consumer of fragrance ingredients. The market for fragrance materials is driven by new consumer products, especially skin and hair care products. Product innovation strategies with respect to cosmetics and toiletries have driven the overall growth of the market. Essential oils are mainly used as fragrance ingredients in cosmetics and toiletries. Aroma chemicals such as á-amyl cinnamaldehyde, p-anisaldehyde, benzyl acetate, benzyl benzoate, and coumarin are also used in cosmetics and toiletries.
The growth of the Fragrance Ingredients Market is primarily driven by the change in the consumer preferences, increase in demand for natural fragrances, increase in demand from the developing nations, and significant technological advancements. However, factors such as R&D proving expensive and compliance with quality and regulatory standards are restraining the growth of the market.
The Fragrance Ingredients Market continues to grow due to high demand in most of the countries around the world and intensifying market opportunities. The market players are responding to these new opportunities by expanding their global presence and product lines.
The Fragrance Ingredients Market is a diversified and competitive market with a large number of players. The Fragrance Ingredients Market is dominated by various players, depending on their core competencies.
The key players in the market are:
- Mane SA (Germany)
- BASF SE (Germany)
- International Flavors & Fragrances Inc. (U.S.)
- Fermenich International SA (Switzerland)
- Givaudan SA (Switzerland)
