Industry: Food & Beverages
Published Date: 2025-01-18
Pages: 126 Pages
Report ld: 3435153
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Perfume and Essence Market Size(US$)

CAGR 2025-2031
4.8%
Market Size,2031
USD 45,790
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Perfume and Essence was estimated to be worth US$ 33130 million in 2024 and is forecast to a readjusted size of US$ 45790 million by 2031 with a CAGR of 4.8% during the forecast period 2025-2031.
Perfume is an organic compound that can be sensed by smell or taste, also known as aroma raw material, which is mainly used to prepare essence for flavoring products, or directly used as food additives.
Essence is a mixture of spices and related accessories with a specific aroma or fragrance, generally used for flavoring products after consumption.
The global market share of perfume and essence in 2019 was 63.76% and 36.24%, respectively.
The global market has a high industry concentration and is shifting to developing countries. In recent years, the combined market share of Givaudan, Firmenich, IFF and Symrise has been maintained above 50%.
The perfume and essence market is mainly used in food and drinks, daily chemicals, tobaccos and other, with market shares of 50.36%, 42.89%, 2.17% and 4.58% respectively in 2019.
This report aims to provide a comprehensive presentation of the global market for Perfume and Essence, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Perfume and Essence by region & country, by Type, and by Application.
The Perfume and Essence market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Perfume and Essence.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Perfume and Essence manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Perfume and Essence in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Perfume and Essence in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Perfume and Essence Product Introduction
1.2 Global Perfume and Essence Market Size Forecast
1.2.1 Global Perfume and Essence Sales Value (2020-2031)
1.2.2 Global Perfume and Essence Sales Volume (2020-2031)
1.2.3 Global Perfume and Essence Sales Price (2020-2031)
1.3 Perfume and Essence Market Trends & Drivers
1.3.1 Perfume and Essence Industry Trends
1.3.2 Perfume and Essence Market Drivers & Opportunity
1.3.3 Perfume and Essence Market Challenges
1.3.4 Perfume and Essence Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Perfume and Essence Players Revenue Ranking (2024)
2.2 Global Perfume and Essence Revenue by Company (2020-2025)
2.3 Global Perfume and Essence Players Sales Volume Ranking (2024)
2.4 Global Perfume and Essence Sales Volume by Company Players (2020-2025)
2.5 Global Perfume and Essence Average Price by Company (2020-2025)
2.6 Key Manufacturers Perfume and Essence Manufacturing Base and Headquarters
2.7 Key Manufacturers Perfume and Essence Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Perfume and Essence
2.9 Perfume and Essence Market Competitive Analysis
2.9.1 Perfume and Essence Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Perfume and Essence Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Perfume and Essence as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Perfume
3.1.2 Essence
3.2 Global Perfume and Essence Sales Value by Type
3.2.1 Global Perfume and Essence Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Perfume and Essence Sales Value, by Type (2020-2031)
3.2.3 Global Perfume and Essence Sales Value, by Type (%) (2020-2031)
3.3 Global Perfume and Essence Sales Volume by Type
3.3.1 Global Perfume and Essence Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Perfume and Essence Sales Volume, by Type (2020-2031)
3.3.3 Global Perfume and Essence Sales Volume, by Type (%) (2020-2031)
3.4 Global Perfume and Essence Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food & Drinks
4.1.2 Daily Chemicals
4.1.3 Tobaccos
4.1.4 Others
4.2 Global Perfume and Essence Sales Value by Application
4.2.1 Global Perfume and Essence Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Perfume and Essence Sales Value, by Application (2020-2031)
4.2.3 Global Perfume and Essence Sales Value, by Application (%) (2020-2031)
4.3 Global Perfume and Essence Sales Volume by Application
4.3.1 Global Perfume and Essence Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Perfume and Essence Sales Volume, by Application (2020-2031)
4.3.3 Global Perfume and Essence Sales Volume, by Application (%) (2020-2031)
4.4 Global Perfume and Essence Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Perfume and Essence Sales Value by Region
5.1.1 Global Perfume and Essence Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Perfume and Essence Sales Value by Region (2020-2025)
5.1.3 Global Perfume and Essence Sales Value by Region (2026-2031)
5.1.4 Global Perfume and Essence Sales Value by Region (%), (2020-2031)
5.2 Global Perfume and Essence Sales Volume by Region
5.2.1 Global Perfume and Essence Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Perfume and Essence Sales Volume by Region (2020-2025)
5.2.3 Global Perfume and Essence Sales Volume by Region (2026-2031)
5.2.4 Global Perfume and Essence Sales Volume by Region (%), (2020-2031)
5.3 Global Perfume and Essence Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Perfume and Essence Sales Value, 2020-2031
5.4.2 North America Perfume and Essence Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Perfume and Essence Sales Value, 2020-2031
5.5.2 Europe Perfume and Essence Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Perfume and Essence Sales Value, 2020-2031
5.6.2 Asia Pacific Perfume and Essence Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Perfume and Essence Sales Value, 2020-2031
5.7.2 South America Perfume and Essence Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Perfume and Essence Sales Value, 2020-2031
5.8.2 Middle East & Africa Perfume and Essence Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Perfume and Essence Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Perfume and Essence Sales Value
6.2.1 Key Countries/Regions Perfume and Essence Sales Value, 2020-2031
6.2.2 Key Countries/Regions Perfume and Essence Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Perfume and Essence Sales Value, 2020-2031
6.3.2 United States Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Perfume and Essence Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Perfume and Essence Sales Value, 2020-2031
6.4.2 Europe Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Perfume and Essence Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Perfume and Essence Sales Value, 2020-2031
6.5.2 China Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.5.3 China Perfume and Essence Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Perfume and Essence Sales Value, 2020-2031
6.6.2 Japan Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Perfume and Essence Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Perfume and Essence Sales Value, 2020-2031
6.7.2 South Korea Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Perfume and Essence Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Perfume and Essence Sales Value, 2020-2031
6.8.2 Southeast Asia Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Perfume and Essence Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Perfume and Essence Sales Value, 2020-2031
6.9.2 India Perfume and Essence Sales Value by Type (%), 2024 VS 2031
6.9.3 India Perfume and Essence Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Givaudan
7.1.1 Givaudan Company Information
7.1.2 Givaudan Introduction and Business Overview
7.1.3 Givaudan Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Givaudan Perfume and Essence Product Offerings
7.1.5 Givaudan Recent Development
7.2 Firmenich
7.2.1 Firmenich Company Information
7.2.2 Firmenich Introduction and Business Overview
7.2.3 Firmenich Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Firmenich Perfume and Essence Product Offerings
7.2.5 Firmenich Recent Development
7.3 IFF
7.3.1 IFF Company Information
7.3.2 IFF Introduction and Business Overview
7.3.3 IFF Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 IFF Perfume and Essence Product Offerings
7.3.5 IFF Recent Development
7.4 Symrise
7.4.1 Symrise Company Information
7.4.2 Symrise Introduction and Business Overview
7.4.3 Symrise Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Symrise Perfume and Essence Product Offerings
7.4.5 Symrise Recent Development
7.5 WILD Flavors
7.5.1 WILD Flavors Company Information
7.5.2 WILD Flavors Introduction and Business Overview
7.5.3 WILD Flavors Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 WILD Flavors Perfume and Essence Product Offerings
7.5.5 WILD Flavors Recent Development
7.6 Mane
7.6.1 Mane Company Information
7.6.2 Mane Introduction and Business Overview
7.6.3 Mane Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Mane Perfume and Essence Product Offerings
7.6.5 Mane Recent Development
7.7 Takasago
7.7.1 Takasago Company Information
7.7.2 Takasago Introduction and Business Overview
7.7.3 Takasago Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Takasago Perfume and Essence Product Offerings
7.7.5 Takasago Recent Development
7.8 Sensient
7.8.1 Sensient Company Information
7.8.2 Sensient Introduction and Business Overview
7.8.3 Sensient Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Sensient Perfume and Essence Product Offerings
7.8.5 Sensient Recent Development
7.9 Robert
7.9.1 Robert Company Information
7.9.2 Robert Introduction and Business Overview
7.9.3 Robert Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Robert Perfume and Essence Product Offerings
7.9.5 Robert Recent Development
7.10 T.Hasegawa
7.10.1 T.Hasegawa Company Information
7.10.2 T.Hasegawa Introduction and Business Overview
7.10.3 T.Hasegawa Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 T.Hasegawa Perfume and Essence Product Offerings
7.10.5 T.Hasegawa Recent Development
7.11 Huabao International
7.11.1 Huabao International Company Information
7.11.2 Huabao International Introduction and Business Overview
7.11.3 Huabao International Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Huabao International Perfume and Essence Product Offerings
7.11.5 Huabao International Recent Development
7.12 Boton Group
7.12.1 Boton Group Company Information
7.12.2 Boton Group Introduction and Business Overview
7.12.3 Boton Group Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Boton Group Perfume and Essence Product Offerings
7.12.5 Boton Group Recent Development
7.13 Apple
7.13.1 Apple Company Information
7.13.2 Apple Introduction and Business Overview
7.13.3 Apple Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Apple Perfume and Essence Product Offerings
7.13.5 Apple Recent Development
7.14 NHU
7.14.1 NHU Company Information
7.14.2 NHU Introduction and Business Overview
7.14.3 NHU Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 NHU Perfume and Essence Product Offerings
7.14.5 NHU Recent Development
7.15 Baihua Flavours and Fragrances
7.15.1 Baihua Flavours and Fragrances Company Information
7.15.2 Baihua Flavours and Fragrances Introduction and Business Overview
7.15.3 Baihua Flavours and Fragrances Perfume and Essence Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Baihua Flavours and Fragrances Perfume and Essence Product Offerings
7.15.5 Baihua Flavours and Fragrances Recent Development
8 Industry Chain Analysis
8.1 Perfume and Essence Industrial Chain
8.2 Perfume and Essence Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Perfume and Essence Sales Model
8.5.2 Sales Channel
8.5.3 Perfume and Essence Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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