Natural Fragrance Market Expected to Grow Through 2025

Mar 4th, 2022

The natural fragrance market is expected to grow by $1.59 billion from 2020 to 2025 at an 8.59% CAGR.

The natural fragrance market is expected to grow by $1.59 billion from 2020 to 2025 at an 8.59% CAGR.

A report from Technavio states that the natural fragrance market is expected to grow by $1.59 billion from 2020 to 2025 at an 8.59% CAGR. The report suggests that the natural fragrance market is driven by product launches and more awareness but could be impacted by increasing restrictions on the use of products containing fragrances.

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The report indicates that 32% of the market growth will come from Europe. France, Germany and the United Kingdom are the key markets for natural fragrances in Europe.

According to Technavio, consumers are becoming more aware of the health complications associated with synthetic fragrances and then reducing their use of products containing synthetic fragrances in favor of more natural options.

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Based on the product, the orange oil segment is the highest contributor to the market and is expected to grow at a CAGR of 9.1% during the forecast period.

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Brick-and-mortar retail will contribute the largest share of the market.

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The essential oils segment accounted for the largest revenue share in the global natural fragrance market in 2022.

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The market size was worth $3.8 Million in 2022.

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