Fenchol Market Size

Fenchol Market size was over USD 2.23 billion in 2024 and is poised to exceed USD 4.47 billion by 2037, witnessing over 5.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fenchol is evaluated at USD 2.43 billion.

The major factor that is attributed to the growth of the global fenchol market is the rapid expansion of the beauty industry. As fenchol is highly used in the beauty industry for producing perfumes, scents, deodorants, and other beauty products, the high demand for beauty products is anticipated to accelerate the production rate of fenchol in the upcoming years. A recent study revealed that the global beauty industry is projected to generate a revenue of USD 716 billion by 2025. Further, it is being disclosed that in 2020, the global spending of the beauty industry amounted to USD 485 billion.  

In addition to other factors, the use of fenchol in perfumes, candles, soaps, and other scented products is anticipated to escalate the utilization rate of fenchol at the global level. Also, the increasing need for fenchol for reducing the supply and demand gap for scented products such as candles, incense sticks, and others is expected to impetus the revenue generation of the global fenchol market in the next few years. The increasing demand for fenchol as a flavoring additive to manufacture a wide variety of foods is also expected to bring lucrative growth opportunities for the expansion of market size in the next few years. Moreover, the increasing amount of expenditure made on research and development activities in producing low-cost cologne body sprays, body mists, and body splashes across the globe is also projected to bring lucrative growth opportunities for market expansion. Additionally, the growth in the demand for personal grooming items with the rising focus on hygiene is estimated to create a positive outlook for market expansion during the forecast period.