Plant-Based Fragrance Oil Market: Global Market Outlook and Forecast 2022-2027:

Plant-Based Fragrance Oil Market oils is estimated to be worth $3.02 billion. The market is estimated to increase at a CAGR of 5.2% over the forecast period, reaching a value of US$ 4.09 billion by 2027.

Plant-Based Fragrance Oil Market Overview:

Natural essential oils or blended synthetic scent composites are thinned with a carrier like mineral oil, propylene glycol, or vegetable oil to produce plant-based fragrance oils, also known as flavors oils, aromatic oils, and aroma oils. There are no imitation ingredients in plant-based fragrance oil. Natural aromatics segregates such as geranial, vanillin, and limonene are isolated from raw natural botanical materials such as vanilla beans, lemons, and roses in the necessary pure natural oil and extract. The plant-based fragrance oil is an ultra-pure plant extract acquired by a moderately high yielding, high-efficiency extraction technique. Natural perfume has a softer, plant-like aroma than synthetic perfumes, with a tougher scent. Plant-Based Fragrance Oil Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2021 is a year of exception and analysis, especially with the impact of lockdown by region.

Plant-Based Fragrance Oil Market Dynamics:

Exotic and ethnic flavours will become more popular in fragrance oil which driving the growth of the market: Consumer demand and approaches are having a big influence on changing the food and beverage business. Consumers prefer eating healthy and nourishing items to stay fit and prevent major infirmities because health and wellness is a rising trend around the world. Consumers prefer natural and organic substances over synthetically and conventionally manufactured merchandise to live a healthy lifestyle. Food and beverage businesses are preferring plant-based fragrance oils obtained from natural sources such as plant parts or plants, tapping into a current consumer petition which is fuelling the growth of the market. Various side effects associated with the product is hampering the growth of the market: Difficulty in breathing, coughing, biliousness, contractions, vomiting, headache, itching, bantering, a burning sensation on the skin or in the stomach, cancer, lung and heart disease, and brain damage are all possible side effects of Fragrance Oils, especially with long-term exposure and indecorous handling. Essential oils comprise highly concentrated chemical components that can be harmful to human health, triggering skin irritations, respiratory discomfort, and even cancer which is the major factor for hindering the growth of the market. The food processing industry's rapid development and the usage of substitute fuels like biodiesel is giving a huge opportunity for the market: Confectionery, bread, cheese, and other food crops are mostly made with plant-based oils. The steady rise in the food processing business, which services plant-based oils for deep-frying, is the most important factor for growth. Additionally, due to the rising occurrence of cardiovascular disorders, there is a growing mandate for healthier oils like olive oil, which is boosting the target industry's growth. Biodiesel and oleochemicals are also made from plant-based oils which are considered as a major factor for fuelling the growth of the market. Recent Development by Major Key Players in Plant-Based Fragrance Oil Market:  In 3 Dec 2021, Phoenix Aromas and Essential Oils and Tilley Company have accomplished their merger. Tilley's current product line of ingredients for use in delimited markets will be enhanced by the new firm. Phoenix offers plant-based fragrance oil market proficiency, regulatory provision, and inventory supported by a linkage of sales offices and warehouses as experts in flavour and aroma compounds. In 24 Dec 2020, Way of Will Inc., a leading merchant of aromatherapy products made from natural aromatic plant abstracts and essential oils, has been acquired by New Wave Plant-Based Fragrance Oil Market

Plant-Based Fragrance Oil Market Segment Analysis:

By Source, the market is segmented into Vegetables Fruits & Other Plant Parts. The Vegetable segment is expected to hold 72.5% of the overall market share in terms of revenue by 2027. Essential oils are usually vegan friendly due to their nature as they are created by cold pressing or distilling plants. Essential oils are plant-based and natural, whereas fragrance oils are made in a lab and can contain up to 200 chemicals, some of which are animal-derived in which there is a wide usage of these in vegetables, as it may be considered healthy for the human body and give a high nutritional value which is the major factor for driving the growth of this segment. By Nature, the market is segmented into Organic and Conventional. Organic is expected to hold 71.2% of the overall market share in terms of revenue by 2027. Natures Flavours Certified Organic Fragrance Oils are superlative for giving certified organic items a pleasant scent. These are highly focussed organic scented oils, which are based on organic sunflower oil, which will produce a wonderful aroma for candles, soaps, lotions, and other oil-based items which is creating huge growth for this segment. By Form, the market is segmented into Dry and Liquid. The Dry segment is expected to hold the highest market share in terms of revenue by 2027. Because of speedily smell dries and evaporates on dry skin, it can be difficult to apparel it. Oils, on the other hand, are hydrating, which helps them stay lengthier while also making them suitable for all skin types. Plant-Based Fragrance Oil Market By End-User, the market is segmented into Food & Beverage and Dietary Supplement. The Food & Beverage segment is expected to hold the highest market share in terms of revenue by 2027. The focused substances of natural oils found in plants are known as essential oils. They are harmless to use in cooking when processed in a specific way, just like vanilla or almond extract. Essential oils can be found in plenty online, but some pharmacies also carry food-grade oils.

Plant-Based Fragrance Oil Market Regional Insights:

The European region accounted for the largest market share in 2021 for the market. The attendance of various managements such as the European Federation of Essential Oils (EFEO) has facilitated the growth of the essential oil industry in Europe. EFEO was generated to promote and defend the interests of all partners convoluted in the market value chain. The organization is in talks with the European Commission and the European Parliament to alter or update regulations on essential oils. Such propensities have aided the market's growth in that area. The occurrence of several industry contributors and easy access to feedstock are the major factors driving Europe's strong market development in this market. The objective of the report is to present a comprehensive analysis of the market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the market dynamics, structure by analyzing the market segments and projecting the market size. Clear representation of competitive analysis of key players by Technology, price, financial position, product portfolio, growth strategies, and regional presence in the market makes the report investor's guide.

Plant-Based Fragrance Oil Market Scope: Inquiry Before Buying

Global Plant-Based Fragrance Oil Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 3.02 Bn.
Forecast Period 2022 to 2027 CAGR: 5.2% Market Size in 2027: US $ 4.09 Bn.
Segments Covered: by Nature • Organic • Conventional
by Form • Dry • Liquid
by Source • Vegetables • Fruits & Other Plant Parts • Herbs & Spices
by End-User • Food & Beverage • Dietary Supplement

Plant-Based Fragrance Oil Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Plant-Based Fragrance Oil Market Key Players

• Senteales • Axxence Aromatic Gmbh • Aromantic Ltd • BVM Fragrances Pvt. Ltd • Alpha Aromatics • Natures Flavors • Natural Sourcing LLC • Aromatics International • Sydney Essential Oil Co. (SEOC) • Biolandes SAS • India Essential Oils • H. Reynaud & Fils (HRF) • Young Living Essential Oils • DoTerra • Essential Oils of New Zealand Frequently Asked Questions: 1] What segments are covered in the Plant-Based Fragrance Oil Market report? Ans. The segments covered in the Plant-Based Fragrance Oil Market report are based on Nature, Form, End-User and Source. 2] Which region is expected to hold the highest share in the Plant-Based Fragrance Oil Market? Ans. The European region is expected to hold the highest share in the Plant-Based Fragrance Oil Market. 3] What is the market size of the Plant-Based Fragrance Oil Market by 2027? Ans. The market size of the Plant-Based Fragrance Oil Market is expected to be 4.09 Bn. by 2027. 4] What is the forecast period for the Plant-Based Fragrance Oil Market? Ans. The forecast period for the Plant-Based Fragrance Oil Market is 2022-2027. 5] What was the market size of the Plant-Based Fragrance Oil market in 2021? Ans. The market size of the Plant-Based Fragrance Oil market in 2021 was US$ 3.02 Bn.
1. Plant-Based Fragrance Oil Market Size: Research Methodology 2. Plant-Based Fragrance Oil Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Plant-Based Fragrance Oil Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Plant-Based Fragrance Oil Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Plant-Based Fragrance Oil Market Size Segmentation 4.1. Plant-Based Fragrance Oil Market Size, by Nature (2021-2027) • Organic • Conventional 4.2. Plant-Based Fragrance Oil Market Size, by Form (2021-2027) • Dry • Liquid 4.3. Plant-Based Fragrance Oil Market Size, by Source (2021-2027) • Vegetables • Fruits & Other Plant Parts • Herbs & Spices 4.4. Plant-Based Fragrance Oil Market Size, by End-User (2021-2027) • Food & Beverage • Dietary Supplement 5. North America Plant-Based Fragrance Oil Market (2021-2027) 5.1. Plant-Based Fragrance Oil Market Size, by Nature (2021-2027) • Organic • Conventional 5.2. Plant-Based Fragrance Oil Market Size, by Form (2021-2027) • Dry • Liquid 5.3. Plant-Based Fragrance Oil Market Size, by Source (2021-2027) • Vegetables • Fruits & Other Plant Parts • Herbs & Spices 5.4. Plant-Based Fragrance Oil Market Size, by End-User (2021-2027) • Food & Beverage • Dietary Supplement 5.5. North America Plant-Based Fragrance Oil Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Plant-Based Fragrance Oil Market (2020-2027) 6.1. European Plant-Based Fragrance Oil Market, by Nature (2021-2027) 6.2. European Plant-Based Fragrance Oil Market, by Form (2021-2027) 6.3. European Plant-Based Fragrance Oil Market, by Source (2021-2027) 6.4. European Plant-Based Fragrance Oil Market, by End-User (2021-2027) 6.5. European Plant-Based Fragrance Oil Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Plant-Based Fragrance Oil Market (2020-2027) 7.1. Asia Pacific Plant-Based Fragrance Oil Market, by Nature (2021-2027) 7.2. Asia Pacific Plant-Based Fragrance Oil Market, by Form (2021-2027) 7.3. Asia Pacific Plant-Based Fragrance Oil Market, by Source (2021-2027) 7.4. Asia Pacific Plant-Based Fragrance Oil Market, by End-User (2021-2027) 7.5. Asia Pacific Plant-Based Fragrance Oil Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Plant-Based Fragrance Oil Market (2020-2027) 8.1. The Middle East and Africa Plant-Based Fragrance Oil Market, by Nature (2021-2027) 8.2. The Middle East and Africa Plant-Based Fragrance Oil Market, by Form (2021-2027) 8.3. The Middle East and Africa Plant-Based Fragrance Oil Market, by Source (2021-2027) 8.4. The Middle East and Africa Plant-Based Fragrance Oil Market, by End-User (2021-2027) 8.5. The Middle East and Africa Plant-Based Fragrance Oil Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Plant-Based Fragrance Oil Market (2020-2027) 9.1. Latin America Plant-Based Fragrance Oil Market, by Nature (2021-2027) 9.2. Latin America Plant-Based Fragrance Oil Market, by Form (2021-2027) 9.3. Latin America Plant-Based Fragrance Oil Market, by Source (2021-2027) 9.4. Latin America Plant-Based Fragrance Oil Market, by End-User (2021-2027) 9.5. Latin America Plant-Based Fragrance Oil Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Senteales 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Axxence Aromatic Gmbh 10.3. Aromantic Ltd 10.4. BVM Fragrances Pvt. Ltd 10.5. Alpha Aromatics 10.6. Natures Flavors 10.7. Natural Sourcing LLC 10.8. Aromatics International 10.9. Sydney Essential Oil Co. (SEOC) 10.10. Biolandes SAS 10.11. India Essential Oils 10.12. H. Reynaud & Fils (HRF) 10.13. Young Living Essential Oils 10.14. DoTerra 10.15. Essential Oils of New Zealand

About This Report

Report ID 93361
Category Food & Beverages
Published Date April 2021
Updated Date Mar 2022
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