Home » Consumer Goods » North America Perfume Ingredients Chemicals Market

North America Perfume Ingredients Chemicals Market By Product Type (Synthetic Aroma Chemicals, Alcohol, Esters, Ethers, Ketone, Others [Thiols, Dienals, etc.], Essential Oils [Orange, Citronella, Peppermint, Eucalyptus, Others {Rose, Sandalwood, Orange, etc.}]); By Application (Fine Fragrance, Home Care, Laundry Care, Cosmetics, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Report ID: 41296 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2019-2022
Base Year 2023
Forecast Period 2024-2032
North America Perfume Ingredients Chemicals Market Size 2023 USD 1,842.28 million
North America Perfume Ingredients Chemicals Market, CAGR 5.61%
North America Perfume Ingredients Chemicals Market Size 2032 USD 3,020.97 million

Market Overview

The North America Perfume Ingredients Chemicals Market is projected to grow from USD 1,842.28 million in 2023 to USD 3,020.97 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.61%.

The North America Perfume Ingredients Chemicals Market is driven by increasing consumer demand for premium and personalized fragrances, rising disposable incomes, and a growing interest in natural and sustainable ingredients. Key trends include advancements in synthetic aroma chemicals to enhance fragrance complexity and stability, the integration of artificial intelligence for personalized scent creation, and the expansion of e-commerce platforms that improve product accessibility. Additionally, regulatory pressures for safer and environmentally friendly products are pushing manufacturers to innovate and adopt greener practices, further supporting market growth.

The North America Perfume Ingredients Chemicals Market is geographically concentrated in key regions such as the United States and Canada, which drive the market with their robust demand for luxury and personalized fragrances. Major players in this market include BASF SE, International Flavors and Fragrances Inc., Givuadan Firmenich, Takasago International Corporation, and Henkel AG & Co KGaA ADR. These companies lead the market through extensive product portfolios, innovative strategies, and strong distribution networks. The regional market benefits from advanced R&D capabilities and a consumer base that increasingly values both synthetic and natural fragrance ingredients.

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research Inc.!

Download Sample

Market Drivers

Demand for Premium and Personalized Fragrances

North American consumers have a strong preference for high-quality, long-lasting scents and niche fragrances that reflect their individuality. For instance, the market for niche fragrances has grown by 18% in the past year, with consumers spending on average 30% more on high-quality, long-lasting scents. The sales of exotic ingredients like Tahitian vanilla and Himalayan jasmine have increased by 22%, as these rare components offer a sense of exclusivity and distinction. This preference fuels demand for unique and exotic perfume ingredients, pushing manufacturers to innovate and source premium materials. The desire for exclusive and distinctive fragrances encourages companies to explore and incorporate rare and high-end ingredients, ensuring their products stand out in a competitive market. This trend is not only prevalent among luxury brands but also influences mainstream products, leading to a broader market impact and driving overall growth.

Focus on Personalization

The concept of “designer fragrances” and customizable scents is gaining significant traction in North America. Manufacturers are developing new technologies and ingredients that allow consumers to create their own unique perfume experiences. The focus on personalization is also gaining momentum, with 25% of consumers indicating a preference for creating their own unique perfume blends. This has led to a 35% increase in the use of AI and machine learning technologies by companies to provide personalized scent profiles, enhancing the overall fragrance experience. This trend towards personalization is creating a demand for versatile and customizable perfume components that can be tailored to individual preferences. Companies are leveraging advancements in artificial intelligence and machine learning to offer personalized scent profiles, enhancing consumer engagement and satisfaction. This focus on customization is reshaping the market, encouraging brands to innovate and cater to diverse consumer tastes.

Shifting Consumer Preferences                                         

Consumers in North America are increasingly health-conscious and environmentally aware, leading to a rise in demand for natural and organic perfume ingredients. Shifting consumer preferences towards health and environmental sustainability are evident, with a 20% uptick in the demand for natural and organic perfume ingredients. For example, the use of essential oils derived from organic lavender has seen a 40% increase in sales, reflecting the growing consumer desire for safer and more sustainable products. These ingredients are perceived as safer and more sustainable alternatives to synthetic chemicals. The growing awareness of the potential health impacts of synthetic ingredients and the environmental footprint of production processes is driving this shift. Manufacturers are responding by incorporating more natural elements into their formulations and adopting sustainable sourcing practices. This trend aligns with the broader societal move towards sustainability and wellness, influencing purchasing decisions and brand loyalty.

Regulatory Landscape

Stringent regulations in North America regarding product safety and environmental impact significantly influence the types of perfume ingredients used. Regulatory bodies impose strict guidelines to ensure consumer safety and reduce environmental harm, fostering innovation in developing eco-friendly and non-toxic ingredients. Companies are investing in research and development to create compliant products that meet these regulations without compromising on quality or performance. This regulatory landscape encourages the adoption of greener practices and the use of safer, more sustainable ingredients, contributing to market growth and consumer trust.

Market Trends

Natural vs. Synthetics: A Balancing Act

In the North America Perfume Ingredients Chemicals Market, the interplay between natural and synthetic ingredients is a significant trend shaping industry dynamics. Natural ingredients are increasingly favored for their perceived safety and eco-friendliness. For instance, while natural ingredients have seen a 25% increase in consumer preference due to their perceived health and environmental benefits, synthetic chemicals still dominate with a 60% market share because of their affordability and ability to replicate complex scents. The industry is innovating, with 35% of companies now investing in research to develop natural alternatives to popular synthetic scents. Consumers are becoming more health-conscious and environmentally aware, driving a shift towards natural and organic perfume components. These ingredients are perceived as healthier alternatives to synthetic chemicals, aligning with broader societal trends towards sustainability and wellness. However, synthetic aroma chemicals still hold a strong position in the market due to their cost-effectiveness and the ability to create specific and consistent scent profiles. Synthetic ingredients offer manufacturers the flexibility to produce a wide range of fragrances that are not easily achievable with natural ingredients alone. The trend in the industry lies in finding a balance – developing natural alternatives for popular synthetic ingredients and innovating in sustainable sourcing practices. This dual approach allows companies to cater to the growing demand for natural products while maintaining the affordability and diversity provided by synthetic chemicals.

Transparency and Ethical Sourcing

Another major trend in the North America Perfume Ingredients Chemicals Market is the increasing demand for transparency and ethical sourcing. For example, 50% of consumers now look for products with clear sourcing information, and there has been a 20% increase in the adoption of cruelty-free practices by perfume companies. This has led to a 30% rise in the number of companies obtaining certifications for sustainable practices, reflecting the growing demand for ethical and transparent production in the perfume industry. Consumers are demanding greater insight into the origins and production practices of the perfume ingredients they purchase. This trend translates to a focus on ethical sourcing, cruelty-free practices, and sustainability throughout the supply chain. Companies are being pushed to provide clear and detailed information about their sourcing practices, ensuring that their ingredients are obtained in a manner that is respectful to both people and the planet. This includes adopting cruelty-free methods, ensuring fair labor practices, and minimizing environmental impact. The transparency trend also ties into the growing consumer interest in clean and green beauty products, which prioritize natural ingredients and sustainable practices. As a result, companies are investing in certifications and labels that validate their commitment to ethical and sustainable practices, enhancing their brand reputation and building consumer trust.

Market Challenges Analysis

Strict Regulatory Environment and Raw Material Price Fluctuations

The North America Perfume Ingredients Chemicals Market operates within a strict regulatory environment focused on safety and environmental standards. While these regulations are beneficial for consumer protection, they pose significant challenges for manufacturers. Compliance with stringent regulations can be a complex and costly process, particularly for smaller companies with limited resources. The need to adhere to rigorous safety standards and restrictions on certain ingredients can hinder innovation and elevate development costs. This regulatory landscape requires manufacturers to invest heavily in research and development to create compliant products without compromising on quality or performance. Additionally, fluctuations in raw material prices add another layer of complexity. The perfume industry relies on a variety of natural and synthetic raw materials, which are often subject to price volatility due to factors such as weather conditions, geopolitical events, and resource scarcity. These fluctuations can disrupt production costs, impacting the profitability of manufacturers. Companies must navigate these financial uncertainties while maintaining the quality and consistency of their products, which can be particularly challenging for smaller and medium-sized enterprises.

Competition and Counterfeiting

The North America Perfume Ingredients Chemicals Market is highly competitive, featuring major international fragrance houses and established domestic companies. This intense competition puts pressure on profit margins and necessitates continuous innovation and differentiation, especially for smaller businesses striving to establish a foothold. To remain competitive, companies must consistently develop new and unique fragrance offerings, invest in marketing, and maintain high standards of product quality. This competitive pressure can be financially and operationally demanding, requiring strategic agility and robust investment in innovation. Moreover, the issue of counterfeiting and product piracy poses a significant challenge. Counterfeit perfumes and fragrance ingredients undermine brand reputation and negatively impact legitimate businesses. The proliferation of fake products in the market erodes consumer trust and can lead to significant financial losses for authentic brands. Combating counterfeiting requires a collaborative effort between manufacturers, retailers, and regulatory bodies to implement stringent anti-counterfeiting measures and ensure product authenticity. Companies must invest in advanced labeling, packaging technologies, and robust supply chain tracking systems to protect their brands and maintain consumer confidence.

Market Segmentation Analysis:

By Product Type:

The North America Perfume Ingredients Chemicals Market is segmented by product type into synthetic aroma chemicals and essential oils. Synthetic aroma chemicals dominate the market due to their cost-effectiveness and ability to create specific and consistent scent profiles. Key sub-segments within synthetic aroma chemicals include alcohols, esters, ethers, ketones, and others (such as thiols and dienals). Alcohols are widely used as solvents and carriers, while esters and ethers add sweet and fruity notes to fragrances. Ketones contribute to diverse scent profiles, enhancing the complexity of perfumes. On the other hand, essential oils are gaining traction due to increasing consumer preference for natural and eco-friendly ingredients. Essential oils such as orange, citronella, peppermint, eucalyptus, and others (including rose and sandalwood) are valued for their therapeutic properties and rich, complex aromas. This balance between synthetic and natural ingredients reflects the market’s adaptability to varied consumer demands, catering to preferences for both traditional and innovative fragrance components.

By Application:

Based on application, the North America Perfume Ingredients Chemicals Market is divided into fine fragrance, home care, laundry care, cosmetics, and others. The fine fragrance segment holds a significant share, driven by the high demand for luxury and personalized scents. Consumers’ increasing interest in high-quality and long-lasting perfumes fuels this segment. Home care products, including air fresheners and cleaning agents, utilize perfume ingredients to enhance the sensory experience, making this a growing segment. Laundry care products, such as detergents and fabric softeners, heavily rely on fragrance chemicals to provide fresh and appealing scents, contributing to consumer satisfaction and brand loyalty. The cosmetics segment, encompassing skincare, haircare, and personal care products, benefits from the use of perfume ingredients to enhance product appeal and differentiation. Other applications include industrial and institutional products where fragrance plays a crucial role in masking odors and improving user experience. This diverse application landscape underscores the versatility of perfume ingredients chemicals in meeting varied consumer needs across different sectors.

Segments:

Based on Product Type:

  • Synthetic Aroma Chemicals
  • Alcohol
  • Esters
  • Ethers
  • Ketone
  • Others (Thiols, Dienals, etc.)
  • Essential Oils
  • Orange
  • Citronella
  • Peppermint
  • Eucalyptus
  • Others (Rose, Sandalwood, Orange etc.)

Based on Application:

  • Fine Fragrance
  • Home Care
  • Laundry Care
  • Cosmetics
  • Others

Based on the Geography:

  • US.
  • Canada
  • Mexico

Regional Analysis

The United States dominates the region, accounting for approximately 70% of the market share. This dominance is attributed to the presence of major fragrance houses, a robust retail sector, and high consumer spending on personal care products. The U.S. market is characterized by a growing demand for natural and organic ingredients, reflecting increasing health and environmental consciousness among consumers. Canada follows with about 20% of the market share, showing similar trends in eco-friendly and sustainable fragrances. The Canadian market benefits from a diverse consumer base and strong regulations supporting product safety and quality.

Mexico holds the remaining 10% of the North American market share, presenting significant growth potential. The Mexican perfume ingredients market is experiencing rapid expansion due to rising disposable incomes and a growing middle class. Local manufacturers are increasingly partnering with international fragrance houses to develop unique scents that appeal to both domestic and global markets. Across North America, there’s a notable shift towards personalized fragrances and niche perfumes, driving innovation in ingredient formulations.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key Player Analysis

  • BASF SE
  • Eternis Fine Chemicals
  • YingYang (China) Aroma Chemical Group
  • KDAC CHEM Pvt. Ltd.
  • Frutarom Harmony Organics Pvt. Ltd.
  • GODAVARI BIOREFINERIES LTD
  • Givuadan Firmenich
  • International Flavors and Fragrances Inc.
  • Takasago International Corporation
  • Huabao International Holdings Limited
  • Henkel AG & Co KGaA ADR
  • Charkit Chemical Company LLC

Competitive Analysis

The North America Perfume Ingredients Chemicals Market is highly competitive, with leading players such as BASF SE, International Flavors and Fragrances Inc., Givuadan Firmenich, Takasago International Corporation, and Henkel AG & Co KGaA ADR dominating the landscape. BASF SE leverages its extensive R&D capabilities and diversified product portfolio to maintain a competitive edge. International Flavors and Fragrances Inc. and Givuadan Firmenich excel in innovation and customer-centric approaches, continuously developing unique and high-quality fragrance ingredients. Takasago International Corporation stands out with its expertise in both natural and synthetic ingredients, catering to the rising demand for eco-friendly products. Henkel AG & Co KGaA ADR emphasizes strategic partnerships and acquisitions to expand its market presence. These companies compete on the basis of product quality, innovation, and sustainability, driving continuous advancements in the market. The competitive landscape is further characterized by the need for compliance with stringent regulations and the ability to meet evolving consumer preferences for natural and personalized fragrances.

Recent Developments

  • In January 2023, S H Kelkar and Company revealed that its wholly owned subsidiary, Keva Europe B.V. acquired a 100% stake in PFW Aroma Ingredients B.V. (PFW) from Keva UK. The acquisition has strengthened the aroma chemicals business of the company.
  • In August 2022, Oriental Aromatics Ltd. announced an investment of nearly INR 1.3 – 1.5 billion (USD 15.69 – 18.10 million) for the development of a hydrogenation plant in Vadodara for specialty aroma chemicals. The plant is expected to be commissioned by the H2 of F.Y. 2024.
  • In May 2022, DSM Group, a Dutch company, acquired Firmenich, a Switzerland-based perfume manufacturer.

Market Concentration & Characteristics

The North America Perfume Ingredients Chemicals Market exhibits moderate to high market concentration, with a few dominant players such as BASF SE, International Flavors and Fragrances Inc., and Givuadan Firmenich holding significant market shares. These leading companies leverage their extensive R&D capabilities, diverse product portfolios, and robust distribution networks to maintain their competitive positions. The market is characterized by a strong emphasis on innovation, driven by consumer demand for both synthetic and natural ingredients. Companies invest heavily in developing eco-friendly and sustainable products to align with evolving consumer preferences and regulatory requirements. The market also features a dynamic interplay between traditional luxury fragrances and emerging trends towards personalized and niche scents. This combination of established leaders and the continuous introduction of new, innovative products creates a vibrant and competitive market environment, fostering growth and development in the industry.

Report Coverage

The research report offers an in-depth analysis based on Product Type, Application, and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The North America Perfume Ingredients Chemicals Market is expected to see continued growth due to rising consumer demand for personalized and premium fragrances.
  2. Advancements in synthetic aroma chemicals will enhance fragrance variety and consistency.
  3. Increasing preference for natural and sustainable ingredients will drive demand for essential oils.
  4. E-commerce expansion will boost accessibility and sales of perfume ingredients.
  5. Regulatory trends towards safety and sustainability will push companies to innovate in compliance with stricter standards.
  6. The market will witness a rise in direct-to-consumer (D2C) perfume brands offering unique experiences.
  7. Growth in the personal care and cosmetics industries will positively impact the demand for fragrance chemicals.
  8. Companies will invest more in ethical sourcing and sustainable production practices.
  9. Technological advancements in fragrance formulation will lead to the development of new and unique scent profiles.
  10. Collaboration between manufacturers, retailers, and regulatory bodies will intensify to combat counterfeiting and ensure product authenticity.

CHAPTER NO. 1 : INTRODUCTION 15

1.1.1. Report Description 15

Purpose of the Report 15

USP & Key Offerings 15

1.1.2. Key Benefits for Stakeholders 15

1.1.3. Target Audience 16

1.1.4. Report Scope 16

CHAPTER NO. 2 : EXECUTIVE SUMMARY 17

2.1. North America Perfume Ingredients Chemicals Market Snapshot 17

2.1.1. North America Perfume Ingredients Chemicals Market, 2018 – 2032 (ML) (USD Million) 18

2.2. Insights from Primary Respondents 19

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 20

3.1. Russia-Ukraine and Israel-Palestine War Impacts 20

CHAPTER NO. 4 : NORTH AMERICA PERFUME INGREDIENTS CHEMICALS MARKET – INDUSTRY ANALYSIS 21

4.1. Introduction 21

4.2. Market Drivers 22

4.2.1. Driving Factor 1 Analysis 22

4.2.2. Driving Factor 2 Analysis 23

4.3. Market Restraints 24

4.3.1. Restraining Factor Analysis 24

4.4. Market Opportunities 25

4.4.1. Market Opportunity Analysis 25

4.5. Porter’s Five Forces Analysis 26

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 27

5.1. Company Market Share Analysis – 2023 27

5.1.1. North America Perfume Ingredients Chemicals Market: Company Market Share, by Volume, 2023 27

5.1.2. North America Perfume Ingredients Chemicals Market: Company Market Share, by Revenue, 2023 28

5.1.3. North America Perfume Ingredients Chemicals Market: Top 6 Company Market Share, by Revenue, 2023 28

5.1.4. North America Perfume Ingredients Chemicals Market: Top 3 Company Market Share, by Revenue, 2023 28

5.2. North America Perfume Ingredients Chemicals Market Company Volume Market Share, 2023 30

5.3. North America Perfume Ingredients Chemicals Market Company Revenue Market Share, 2023 31

5.4. Company Assessment Metrics, 2023 32

5.4.1. Stars 32

5.4.2. Emerging Leaders 32

5.4.3. Pervasive Players 32

5.4.4. Participants 32

5.5. Start-ups /SMEs Assessment Metrics, 2023 32

5.5.1. Progressive Companies 32

5.5.2. Responsive Companies 32

5.5.3. Dynamic Companies 32

5.5.4. Starting Blocks 32

5.6. Strategic Developments 33

5.6.1. Acquisitions & Mergers 33

New Product Launch 33

Regional Expansion 33

5.7. Key Players Product Matrix 34

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 35

6.1. PESTEL 35

6.1.1. Political Factors 35

6.1.2. Economic Factors 35

6.1.3. Social Factors 35

6.1.4. Technological Factors 35

6.1.5. Environmental Factors 35

6.1.6. Legal Factors 35

6.2. Adjacent Market Analysis 35

CHAPTER NO. 7 : NORTH AMERICA PERFUME INGREDIENTS CHEMICALS MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 36

7.1. North America Perfume Ingredients Chemicals Market Overview, by Product Type Segment 36

7.1.1. North America Perfume Ingredients Chemicals Market Volume Share, By Product Type, 2023 & 2032 37

7.1.2. North America Perfume Ingredients Chemicals Market Revenue Share, By Product Type, 2023 & 2032 37

7.1.3. North America Perfume Ingredients Chemicals Market Attractiveness Analysis, By Product Type 38

7.1.4. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 38

7.1.5. North America Perfume Ingredients Chemicals Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 39

7.2. Synthetic Aroma Chemicals 40

7.2.1. Alcohol 40

7.2.2. Esters 41

7.2.3. Ethers 41

7.2.4. Ketone 42

7.2.5. Others (Thiols, Dienals, etc.) 42

7.3. Essential Oils 43

7.3.1. Orange 43

7.3.2. Citronella 44

7.3.3. Peppermint 44

7.3.4. Eucalyptus 45

7.3.5. Others (Rose, Sandalwood, Orange etc.) 45

CHAPTER NO. 8 : NORTH AMERICA PERFUME INGREDIENTS CHEMICALS MARKET – BY APPLICATION SEGMENT ANALYSIS 46

8.1. North America Perfume Ingredients Chemicals Market Overview, by Application Segment 46

8.1.1. North America Perfume Ingredients Chemicals Market Volume Share, By Application, 2023 & 2032 47

8.1.2. North America Perfume Ingredients Chemicals Market Revenue Share, By Application, 2023 & 2032 47

8.1.3. North America Perfume Ingredients Chemicals Market Attractiveness Analysis, By Application 48

8.1.4. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 48

8.1.5. North America Perfume Ingredients Chemicals Market Revenue, By Application, 2018, 2023, 2027 & 2032 49

8.2. Fine Fragrance 50

8.3. Home Care 51

8.4. Laundry Care 52

8.5. Cosmetics 53

8.6. Others 54

CHAPTER NO. 9 : NORTH AMERICA PERFUME INGREDIENTS CHEMICALS MARKET – NORTH AMERICA 55

9.1. North America 55

9.1.1. Key Highlights 55

9.1.2. North America Perfume Ingredients Chemicals Market Volume, By Country, 2018 – 2032 (ML) 56

9.1.3. North America Perfume Ingredients Chemicals Market Revenue, By Country, 2018 – 2023 (USD Million) 57

9.1.4. North America Perfume Ingredients Chemicals Market Volume, By Product Type, 2018 – 2023 (ML) 58

9.1.5. North America Perfume Ingredients Chemicals Market Revenue, By Product Type, 2018 – 2023 (USD Million) 59

9.1.6. North America Perfume Ingredients Chemicals Market Volume, By Application, 2018 – 2023 (ML) 60

9.1.7. North America Perfume Ingredients Chemicals Market Revenue, By Application, 2018 – 2023 (USD Million) 61

9.2. U.S. 62

9.3. Canada 62

9.4. Mexico 62

CHAPTER NO. 10 : COMPANY PROFILES 63

10.1. BASF SE 63

10.1.1. Company Overview 63

10.1.2. Product Portfolio 63

10.1.3. Swot Analysis 63

10.1.4. Business Strategy 63

10.1.5. Financial Overview 64

10.2. Eternis Fine Chemicals 65

10.3. YingYang (China) Aroma Chemical Group 65

10.4. KDAC CHEM Pvt. Ltd. 65

10.5. Frutarom Harmony Organics Pvt. Ltd. 65

10.6. GODAVARI BIOREFINERIES LTD 65

10.7. Givuadan Firmenich 65

10.8. International Flavors and Fragrances Inc. 65

10.9. Takasago International Corporation 65

10.10. Huabao International Holdings Limited 65

10.11. Henkel AG & Co KGaA ADR 65

10.12. Charkit Chemical Company LLC 65

CHAPTER NO. 11 : RESEARCH METHODOLOGY 66

11.1. Research Methodology 66

11.1.1. Phase I – Secondary Research 67

11.1.2. Phase II – Data Modeling 67

Company Share Analysis Model 68

Revenue Based Modeling 68

11.1.3. Phase III – Primary Research 69

11.1.4. Research Limitations 70

Assumptions 70

List of Figures

FIG NO. 1. North America Perfume Ingredients Chemicals Market Volume & Revenue, 2018 – 2032 (ML) (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for North America Perfume Ingredients Chemicals Market 30

FIG NO. 3. Company Share Analysis, 2023 31

FIG NO. 4. Company Share Analysis, 2023 32

FIG NO. 5. Company Share Analysis, 2023 32

FIG NO. 6. Company Share Analysis, 2023 32

FIG NO. 7. North America Perfume Ingredients Chemicals Market – Company Volume  Market Share, 2023 34

FIG NO. 8. North America Perfume Ingredients Chemicals Market – Company Revenue Market Share, 2023 35

FIG NO. 9. North America Perfume Ingredients Chemicals Market Volume Share, By Product Type, 2023 & 2032 41

FIG NO. 10. North America Perfume Ingredients Chemicals Market Revenue Share, By Product Type, 2023 & 2032 41

FIG NO. 11. Market Attractiveness Analysis, By Product Type 42

FIG NO. 12. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 42

FIG NO. 13. North America Perfume Ingredients Chemicals Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 43

FIG NO. 14. North America Perfume Ingredients Chemicals Market for Synthetic Aroma Chemicals, Volume & Revenue (ML) (USD Million) 2018 – 2032 44

FIG NO. 15. North America Perfume Ingredients Chemicals Market for Alcohol, Volume & Revenue (ML) (USD Million) 2018 – 2032 44

FIG NO. 16. North America Perfume Ingredients Chemicals Market for Esters, Volume & Revenue (ML) (USD Million) 2018 – 2032 45

FIG NO. 17. North America Perfume Ingredients Chemicals Market for Ethers, Volume & Revenue (ML) (USD Million) 2018 – 2032 45

FIG NO. 18. North America Perfume Ingredients Chemicals Market for Ketone, Volume & Revenue (ML) (USD Million) 2018 – 2032 46

FIG NO. 19. North America Perfume Ingredients Chemicals Market for Others (Thiols, Dienals, etc.), Volume & Revenue (ML) (USD Million) 2018 – 2032 46

FIG NO. 20. North America Perfume Ingredients Chemicals Market for Essential Oils, Volume & Revenue (ML) (USD Million) 2018 – 2032 47

FIG NO. 21. North America Perfume Ingredients Chemicals Market for Orange, Volume & Revenue (ML) (USD Million) 2018 – 2032 47

FIG NO. 22. North America Perfume Ingredients Chemicals Market for Citronella, Volume & Revenue (ML) (USD Million) 2018 – 2032 48

FIG NO. 23. North America Perfume Ingredients Chemicals Market for Peppermint, Volume & Revenue (ML) (USD Million) 2018 – 2032 48

FIG NO. 24. North America Perfume Ingredients Chemicals Market for Eucalyptus, Volume & Revenue (ML) (USD Million) 2018 – 2032 49

FIG NO. 25. North America Perfume Ingredients Chemicals Market for Others (Rose, Sandalwood, Orange etc.), Volume & Revenue (ML) (USD Million) 2018 – 2032 49

FIG NO. 26. North America Perfume Ingredients Chemicals Market Volume Share, By Application, 2023 & 2032 51

FIG NO. 27. North America Perfume Ingredients Chemicals Market Revenue Share, By Application, 2023 & 2032 51

FIG NO. 28. Market Attractiveness Analysis, By Application 52

FIG NO. 29. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 52

FIG NO. 30. North America Perfume Ingredients Chemicals Market Revenue, By Application, 2018, 2023, 2027 & 2032 53

FIG NO. 31. North America Perfume Ingredients Chemicals Market for Fine Fragrance, Volume & Revenue (ML) (USD Million) 2018 – 2032 54

FIG NO. 32. North America Perfume Ingredients Chemicals Market for Home Care, Volume & Revenue (ML) (USD Million) 2018 – 2032 55

FIG NO. 33. North America Perfume Ingredients Chemicals Market for Laundry Care, Volume & Revenue (ML) (USD Million) 2018 – 2032 56

FIG NO. 34. North America Perfume Ingredients Chemicals Market for Cosmetics, Volume & Revenue (ML) (USD Million) 2018 – 2032 57

FIG NO. 35. North America Perfume Ingredients Chemicals Market for Others, Volume & Revenue (ML) (USD Million) 2018 – 2032 58

FIG NO. 36. North America Perfume Ingredients Chemicals Market Volume & Revenue, 2018 – 2032 (ML) (USD Million) 59

FIG NO. 37. Research Methodology – Detailed View 70

FIG NO. 38. Research Methodology 71

List of Tables

TABLE NO. 1. : North America Perfume Ingredients Chemicals Market: Snapshot 22

TABLE NO. 2. : Drivers for the North America Perfume Ingredients Chemicals Market: Impact Analysis 27

TABLE NO. 3. : Restraints for the North America Perfume Ingredients Chemicals Market: Impact Analysis 29

TABLE NO. 4. : North America Perfume Ingredients Chemicals Market Volume, By Country, 2018 – 2023 (ML) 61

TABLE NO. 5. : North America Perfume Ingredients Chemicals Market Volume, By Country, 2024 – 2032 (ML) 61

TABLE NO. 6. : North America Perfume Ingredients Chemicals Market Revenue, By Country, 2018 – 2023 (USD Million) 62

TABLE NO. 7. : North America Perfume Ingredients Chemicals Market Revenue, By Country, 2024 – 2032 (USD Million) 62

TABLE NO. 8. : North America Perfume Ingredients Chemicals Market Volume, By Product Type, 2018 – 2023 (ML) 63

TABLE NO. 9. : North America Perfume Ingredients Chemicals Market Volume, By Product Type, 2024 – 2032 (ML) 63

TABLE NO. 10. : North America Perfume Ingredients Chemicals Market Revenue, By Product Type, 2018 – 2023 (USD Million) 64

TABLE NO. 11. : North America Perfume Ingredients Chemicals Market Revenue, By Product Type, 2024 – 2032 (USD Million) 64

TABLE NO. 12. : North America Perfume Ingredients Chemicals Market Volume, By Application, 2018 – 2023 (ML) 65

TABLE NO. 13. : North America Perfume Ingredients Chemicals Market Volume, By Application, 2024 – 2032 (ML) 65

TABLE NO. 14. : North America Perfume Ingredients Chemicals Market Revenue, By Application, 2018 – 2023 (USD Million) 66

TABLE NO. 15. : North America Perfume Ingredients Chemicals Market Revenue, By Application, 2024 – 2032 (USD Million) 66

Request Free Sample

Ready to Transform Data into Decisions?

Request Your Sample Report and Start Your Journey of Informed Choices


Providing the strategic compass for industry titans.

cr-clients-logos

Frequently Asked Questions:

What is the current size of the North America Perfume Ingredients Chemicals Market?

The North America Perfume Ingredients Chemicals Market is projected to grow from USD 1,842.28 million in 2023 to USD 3,020.97 million by 2032, reflecting a compound annual growth rate (CAGR) of 5.61%.

What factors are driving the growth of the North America Perfume Ingredients Chemicals Market?

The market growth is driven by increasing consumer demand for premium and personalized fragrances, rising disposable incomes, and a growing interest in natural and sustainable ingredients. Additionally, advancements in synthetic aroma chemicals, integration of artificial intelligence for personalized scent creation, and the expansion of e-commerce platforms contribute to the market’s growth.

What are the key segments within the North America Perfume Ingredients Chemicals Market?

The key segments within the market are synthetic aroma chemicals and essential oils by product type. Synthetic aroma chemicals include alcohols, esters, ethers, ketones, and others. Essential oils include orange, citronella, peppermint, eucalyptus, and others. The market is also segmented by application into fine fragrance, home care, laundry care, cosmetics, and others.

What are some challenges faced by the North America Perfume Ingredients Chemicals Market?

Challenges include strict regulatory environments, fluctuations in raw material prices, intense competition, and counterfeiting. Compliance with stringent safety and environmental regulations can increase development costs and limit innovation, especially for smaller companies. Additionally, price volatility of raw materials and the prevalence of counterfeit products pose significant hurdles.

Who are the major players in the North America Perfume Ingredients Chemicals Market?

Major players in the market include BASF SE, International Flavors and Fragrances Inc., Givuadan Firmenich, Takasago International Corporation, and Henkel AG & Co KGaA ADR. These companies lead the market through extensive product portfolios, innovative strategies, and strong distribution networks.

Which segment is leading the market share?

The fine fragrance segment holds a significant share of the market, driven by high demand for luxury and personalized scents. Consumers’ increasing interest in high-quality and long-lasting perfumes fuels this segment.

About Author

Rajdeep Kumar Deb

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

View Profile

Related Reports By Keyword

North America Golf Putters Market

The North America Golf Putters Market size was valued at USD 1,256.7 million in 2018 to USD 1,391.9 million in 2024 and is anticipated to reach USD 1,833.1 million by 2032, at a CAGR of 3.60% during the forecast period.

North America Effects Pedal Power Supplies Market

The North America Effects Pedal Power Supplies Market size was valued at USD 100.4 million in 2018 to USD 110.4 million in 2024 and is anticipated to reach USD 148.8 million by 2032, at a CAGR of 3.90% during the forecast period.

North America Instrument (Audio) Cables Market

The North America Instrument (Audio) Cables Market size was valued at USD 67.1 million in 2018 to USD 77.6 million in 2024 and is anticipated to reach USD 113.1 million by 2032, at a CAGR of 4.90% during the forecast period.

North America Fretted Instrument String Market

The North America Fretted Instrument String Market size was valued at USD 121.4 million in 2018 to USD 147.2 million in 2024 and is anticipated to reach USD 235.8 million by 2032, at a CAGR of 6.10% during the forecast period.

North America Dairy Market

The North America Dairy Market size was valued at USD 81.49 billion in 2018 to USD 111.82 billion in 2024 and is anticipated to reach USD 179.44 billion by 2032, at a CAGR of 6.20% during the forecast period.

North America Golf Club Market

The North America Golf Club Market size was valued at USD 869.34 million in 2018 to USD 1,016.55 million in 2024 and is anticipated to reach USD 1,292.55 million by 2032, at a CAGR of 3.05% during the forecast period.

North America Golf Training Aids Market

The North America Golf Training Aids Market size was valued at USD 141.11 million in 2018 to USD 197.88 million in 2024 and is anticipated to reach USD 289.77 million by 2032, at a CAGR of 4.80% during the forecast period.

North America Golf Bags Market

The North America Golf Bags Market size was valued at USD 366.59 million in 2018 to USD 483.47 million in 2024 and is anticipated to reach USD 741.71 million by 2032, at a CAGR of 5.60% during the forecast period.

North America Guitar Straps Market

North America Guitar Straps Market size was valued at USD 85.84 million in 2018 to USD 121.19 million in 2024 and is anticipated to reach USD 196.27 million by 2032, at a CAGR of 5.8% during the forecast period.

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing. Use restricted to one purchaser only.
$3999

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis. Unlimited users allowed within one corporate location (e.g., regional office).
$5999

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc. research team. Permitted for unlimited global use by all users within the purchasing corporation, such as all employees of a single company.
$10999

Credence Staff 3

WILLIAM, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Kieran Jameson

KIERAN JAMESON, Australia

Report delivery within 24 to 48 hours

User Review

Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.

Materials Scientist
(privacy requested)

User Review

The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

Imre Hof
Management Assistant, Bekaert

cr-clients-logos

Request Sample