Global Natural Fragrance Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Ingredients;

Essential Oils and Natural Extracts

By Type of Scent;

Top Note, Middle Note, and Base Note

By Application;

Fine Fragrances, Personal Care & Cosmetics, and Household Care

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn393758204 Published Date: May, 2025 Updated Date: June, 2025

Natural Fragrance Market Overview

Natural Fragrance Market (USD Million)

Natural Fragrance Market was valued at USD 10,589.51 million in the year 2024. The size of this market is expected to increase to USD 16,783.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.


Global Natural Fragrance Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.8 %
Market Size (2024)USD 10,589.51 Million
Market Size (2031)USD 16,783.20 Million
Market ConcentrationMedium
Report Pages314
10,589.51
2024
16,783.20
2031

Major Players

  • Givaudan SA
  • Firmenich SA
  • International Flavors & Fragrances Inc. (IFF)
  • Symrise AG
  • Takasago International Corporation
  • Mane SA
  • Robertet SA
  • Sensient Technologies Corporation
  • T. Hasegawa Co., Ltd.
  • Bell Flavors & Fragrances

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Natural Fragrance Market

Fragmented - Highly competitive market without dominant players


The Natural Fragrance Market is experiencing significant growth as consumer demand for chemical-free and eco-friendly products continues to rise. Natural fragrances, primarily derived from plant-based sources like essential oils and botanical extracts, now account for over 40% of the overall fragrance market. This surge is driven by increasing awareness of the health and environmental risks associated with synthetic chemicals, encouraging consumers to choose more natural alternatives.

Growing Preference for Clean Label Products
There is a notable shift toward clean label products, with nearly 60% of consumers prioritizing transparency in ingredient sourcing. This trend is propelling the natural fragrance market as brands focus on pure, non-toxic, and ethically produced formulations. This shift aligns with the broader demand for ethical and sustainable products, further reinforcing market growth.

Advancements in Extraction and Formulation
Technological innovations in extraction and formulation are significantly enhancing the quality and consistency of natural fragrances. Approximately 30% of industry investments are dedicated to developing advanced extraction methods, enabling manufacturers to produce high-purity products that meet the evolving demands of quality-conscious consumers. This focus on technological improvements is a key factor in sustaining market expansion.

Focus on Sustainability and Ethical Sourcing
Sustainability is a critical focus for the natural fragrance sector, with approximately 70% of companies emphasizing ethical sourcing and environmentally responsible production. This commitment not only builds brand loyalty but also appeals to the growing segment of eco-conscious consumers, supporting long-term market growth and differentiation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Ingredients
    2. Market Snapshot, By Type of Scent
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Natural Fragrance Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising consumer preference for natural and sustainable products

        2. Growth in personal care and cosmetics industries

        3. Expansion of applications in home care and aromatherapy

        4. Advancements in extraction and formulation technologies

      2. Restraints
        1. High production costs of natural fragrances

        2. Limited availability of raw materials

        3. Stringent regulatory frameworks

        4. Competition from synthetic alternatives

      3. Opportunities
        1. Increasing consumer demand for natural and sustainable products.
        2. Expansion opportunities in emerging markets.
        3. Advancements in ingredient sourcing and formulation.
        4. Growing preference for clean beauty and transparency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Natural Fragrance Market, By Ingredients, 2021 - 2031 (USD Million)
      1. Essential Oils
      2. Natural Extracts
    2. Natural Fragrance Market, By Type of Scent, 2021 - 2031 (USD Million)
      1. Top Note
      2. Middle Note
      3. Base Note
    3. Natural Fragrance Market, By Application, 2021- 2031 (USD Million)
      1. Fine Fragrances
      2. Personal Care & Cosmetics
      3. Household Care
    4. Natural Fragrance Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Givaudan SA
      2. Firmenich SA
      3. International Flavors & Fragrances Inc. (IFF)
      4. Symrise AG
      5. Takasago International Corporation
      6. Mane SA
      7. Robertet SA
      8. Sensient Technologies Corporation
      9. T. Hasegawa Co., Ltd.
      10. Bell Flavors & Fragrances
  7. Analyst Views
  8. Future Outlook of the Market