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Insights on the Natural Fragrance Global Market to 2027 - Featuring Givaudan, Robertet and Symrise Among Others - ResearchAndMarkets.com

DUBLIN, May 4, 2021 (BUSINESS WIRE) --

The "Natural Fragrance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Natural Fragrance estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$5 Billion by 2027, growing at a CAGR of 8.3% over the period 2020-2027.

Essential Oils, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$3.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Natural Extracts segment is readjusted to a revised 8.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $774.3 Million, While China is Forecast to Grow at 12.5% CAGR

The Natural Fragrance market in the U.S. is estimated at US$774.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2027 trailing a CAGR of 12.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Select Competitors (Total 36 Featured):

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

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES CANADA JAPAN CHINA EUROPE FRANCE GERMANY ITALY UNITED KINGDOM SPAIN RUSSIA REST OF EUROPE ASIA-PACIFIC AUSTRALIA INDIA SOUTH KOREA REST OF ASIA-PACIFIC LATIN AMERICA ARGENTINA BRAZIL MEXICO REST OF LATIN AMERICA MIDDLE EAST IRAN ISRAEL SAUDI ARABIA UNITED ARAB EMIRATES REST OF MIDDLE EAST AFRICA

IV. COMPETITION

Total Companies Profiled: 36

For more information about this report visit https://www.researchandmarkets.com/r/ouooay

View source version on businesswire.com: https://www.businesswire.com/news/home/20210504005990/en/

SOURCE: Research and Markets

<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&sty=20210504005990r1&sid=cmtx6&distro=nx&lang=en" style="width:0;height:0" />

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com 

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