Perfume Ingredient Chemicals Market - Top Companies and Manufacturers

Companies Dominating the Perfume Ingredient Chemicals Market

The perfume ingredient chemicals market is highly competitive, and companies maintain continuous innovation to align with its changing dynamics. They are focusing on acquiring sustainable sources of raw materials. While the demand for organic personal products is increasing, these key players are adopting natural ingredient. Further, meeting the consumer demand for eco-friendly products. In November 2023, L’Oréal Groupe partnered with Cosmo International Fragrances to offer 100% natural and pure scent extracts. The collaboration aimed to utilize the patent-pending green sciences-based extraction process to create fine fragrances.

BASF SE
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Atul Ltd
DSM
Eternis Fine Chemicals
Firmenich
Givuadan
Godavari Biorefineries Ltd.
Harmony Organics Pvt. Ltd.
International Flavors and Fragrances Inc
KDAC CHEM Pvt. Ltd.
MANE
Sensient Technologies Corporation
Symrise

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Perfume Ingredient Chemicals Market Size Forecasts 2037

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In April 2024, Clariant announced a 100% acquisition of Lucas Meyer Cosmetics for USD 0.8 billion. This investment is allocated to offer the consumer high-value personal care products, strengthening the market reach of Clariant.
In March 2024, BASF Aroma launched new natural-flavored products in their Isobionics portfolio. The upgraded product line will supply according to the market trend of developing natural ingredient. Additionally, BASF consolidated its leading position through this launch.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the perfume ingredient chemicals market was over USD 9.7 billion.

The market size for the perfume ingredient chemicals market is projected to reach USD 20.2 billion by the end of 2037 expanding at a CAGR of 6.3% during the forecast period i.e., between 2025-2037.

The major players in the market are BASF SE, Atul Ltd, DSM, Eternis Fine Chemicals, Firmenich, Givuadan, Godavari Biorefineries Ltd., Harmony Organics Pvt. Ltd., International Flavors and Fragrances Inc, KDAC CHEM Pvt. Ltd., MANE, Sensient Technologies Corporation, Shiseido, Symrise, and others.

In terms of product type, the synthetic ingredient segment is anticipated to garner the largest market share of 55.4% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in Europe is projected to hold the largest market share of 38.1% by the end of 2037 and provide more business opportunities in the future.

Perfume Ingredient Chemicals Market - Top Companies and Manufacturers

Companies Dominating the Perfume Ingredient Chemicals Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the perfume ingredient chemicals market?

What is the outlook for the perfume ingredient chemicals market?

Who are the major players dominating the perfume ingredient chemicals market?

Which product type segment will capture the significant market share for the perfume ingredient chemicals market by 2037?

Which region will provide more business opportunities for the growth of the perfume ingredient chemicals market in the future?