Indonesia Natural Flavors And Fragrances Market Size & Outlook

The natural flavors and fragrances market in Indonesia is expected to reach a projected revenue of US$ 767.0 million by 2030. A compound annual growth rate of 8.1% is expected of Indonesia natural flavors and fragrances market from 2023 to 2030.
Revenue, 2022 (US$M)
$412.3
Forecast, 2030 (US$M)
$767.0
CAGR, 2023 - 2030
8.1%
Report Coverage
Indonesia

Indonesia natural flavors and fragrances market highlights

  • The Indonesia natural flavors and fragrances market generated a revenue of USD 412.3 million in 2022 and is expected to reach USD 767.0 million by 2030.
  • The Indonesia market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
  • In terms of segment, essential oils was the largest revenue generating product in 2022.
  • Essential Oils is the most lucrative product segment registering the fastest growth during the forecast period.


Natural flavors and fragrances market data book summary

Market revenue in 2022USD 412.3 million
Market revenue in 2030USD 767.0 million
Growth rate8.1% (CAGR from 2022 to 2030)
Largest segmentEssential oils
Fastest growing segmentEssential Oils
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEssential Oils, Oleoresins
Key market players worldwideMANE, Blue Pacific Solar, Biolandes, Young Living, Basf SE, Symrise AG, Falcon Oil & Gas Ltd, DSM Firmenich AG, Givaudan SA, International Flavors & Fragrances Inc, Flavex Naturextrakte, Sensient Technologies Corp, Takasago International Corp, T Hasegawa Co Ltd, Robertet SA, McCormick & Co Inc, Kerry Group PLC Class A


Other key industry trends

  • In terms of revenue, Indonesia accounted for 1.9% of the global natural flavors and fragrances market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China natural flavors and fragrances market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,492.5 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

Indonesia 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 83.9% in 2022. Horizon Databook has segmented the Indonesia natural flavors and fragrances market based on essential oils, oleoresins covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Indonesia natural flavors and fragrances market databook

  • Our clientele includes a mix of natural flavors and fragrances market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia natural flavors and fragrances market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia natural flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Indonesia natural flavors and fragrances market size, by product, 2018-2030 (US$M)

Indonesia Natural Flavors And Fragrances Market Outlook Share, 2022 & 2030 (US$M)

Indonesia natural flavors and fragrances market size, by product, 2018-2030 (US$M)

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