Fragrance Ingredients Market Scope, Global Trends, Size and Forecast to 2031 – Delvens

The global Fragrance Ingredients Market size was estimated at USD 17,210 million in 2024 and is projected to reach USD 25,537.6 million in 2031 at a CAGR of 5.8 % during the forecast period 2025-2031.

The fragrance ingredients market refers to the collection of raw materials, both natural and synthetic, used in the production of perfumes and other scented products. These ingredients are essential for creating the unique scents that consumers associate with personal care products, household goods, and even air fresheners. The market comprises essential oils, aroma chemicals, and other compounds, each playing a specific role in determining the scent's composition. Fragrance ingredients are sourced from plants, flowers, spices, and fruits, or created synthetically in laboratories to mimic or enhance natural aromas.