Global Natural Flavors And Fragrances Market Size & Outlook
The natural flavors and fragrances industry worldwide is expected to reach a projected revenue of US$ 33,864.1 million by 2030. A compound annual growth rate of 5.7% is expected of the worldwide natural flavors and fragrances industry from 2023 to 2030.
Revenue, 2022 (US$M)
$21,777.8
Forecast, 2030 (US$M)
$33,864.1
CAGR, 2023 - 2030
5.7%
Report Coverage
Worldwide
Global natural flavors and fragrances market, 2018-2030 (US$M)
Related Markets
Global natural flavors and fragrances market highlights
- The global natural flavors and fragrances market generated a revenue of USD 21,777.8 million in 2022 and is expected to reach USD 33,864.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.7% by 2030.
- In terms of segment, essential oils accounted for a revenue of USD 18,825.3 million in 2022.
- Essential Oils is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Portugal is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 21,777.8 million |
| Market revenue in 2030 | USD 33,864.1 million |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Essential oils |
| Fastest growing segment | Essential Oils |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Essential Oils, Oleoresins |
Other key industry trends
- In terms of revenue, the North America accounted for 22.7% of the global natural flavors and fragrances market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Portugal is the fastest growing regional market and is projected to reach USD 67.6 million by 2030.
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Natural Flavors And Fragrances Market Scope
Natural flavors and fragrances market segmentation & scope
Esters
Ethyl acetate
Benzyl Acetate
Ethyl benzoate
Methyl Decanoate
Others
Alcohols
Lauryl Alcohol
Menthol
Others
Aldehydes
Benzaldehyde
Vanillin
Others
Phenols
Ethylvanillin
Others
Terpenes
Limonene
Camphor
Eucalyptol
Others
Limonene
Myrcene
Others
Menthol
Menthone
Others
Limonene
Citral
Others
Menthol
Menthone
Others
Pinene
Limonene
Camphene
Citronellal
Others
Patchouli Alcohol
Others
Eugenol
Others
Ylang Ylang
Linalyl Acetate
Others
Others
Piperine
Others
Piperine
Others
Curcumin
Others
Gingerol
Others
Others
Others
Natural Flavors And Fragrances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global natural flavors and fragrances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to natural flavors and fragrances market will help companies and investors design strategic landscapes.
Essential oils was the largest segment with a revenue share of 86.44% in 2022. Horizon Databook has segmented the Global natural flavors and fragrances market based on essential oils, oleoresins covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Natural Flavors And Fragrances Product Outlook (Revenue, USD Million, 2018-2030)
- Esters
- Ethyl acetate
- Benzyl Acetate
- Ethyl benzoate
- Methyl Decanoate
- Others
- Alcohols
- Lauryl Alcohol
- Menthol
- Others
- Aldehydes
- Benzaldehyde
- Vanillin
- Others
- Phenols
- Ethylvanillin
- Others
- Terpenes
- Limonene
- Camphor
- Eucalyptol
- Others
- Essential Oils
- Orange
- Limonene
- Myrcene
- Others
- Corn Mint
- Menthol
- Menthone
- Others
- Eucalyptus
- Limonene
- Citral
- Others
- Pepper Mint
- Menthol
- Menthone
- Others
- Lemon
- Pinene
- Limonene
- Camphene
- Citronella
- Citronellal
- Others
- Patchouli
- Patchouli Alcohol
- Others
- Clove
- Eugenol
- Others
- Ylang Ylang
- Lavender
- Linalyl Acetate
- Others
- Others
- Orange
- Oleoresins
- Paprika
- Piperine
- Others
- Black Pepper
- Piperine
- Others
- Turmeric
- Curcumin
- Others
- Ginger
- Gingerol
- Others
- Others
- Paprika
- Others
- Esters
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Target buyers of Global natural flavors and fragrances market databook
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Our clientele includes a mix of natural flavors and fragrances market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global natural flavors and fragrances market , including forecasts for subscribers. This global databook contains high-level insights into Global natural flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global natural flavors and fragrances market size, by region, 2018-2030 (US$M)
Top 10 countries: Natural flavors and fragrances market size, 2022 (US$M)
Global natural flavors and fragrances market share, by product, 2022 & 2030 (%, US$M)
natural flavors and fragrances market: Opportunity assessment by country
Global natural flavors and fragrances market, by region, 2022 (US$M)
Related regional statistics
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