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Natural Fragrance Market by Source (Flower-based, Fruit-based, Spices, Wood, Others), Ingredient (Essential Oils, Natural Extracts), Application (Fine Fragrances, Personal Care & Cosmetics, Household Care, Soap & Detergents, Other Fragrances), Distribution Channel (Conventional Retail, Online Sales, B2B, B2B – TP) and by Region Global Trends and Forecast from 2022 to 2029
The global natural fragrance market is projected to reach USD 6.17 billion by 2029 from USD 2.96 billion in 2020, at a CAGR of 9.3 % from 2022 to 2029.
Segment Analysis
The global natural fragrance market is segmented by source, ingredients, application, distribution channel and region.
Based on source, the natural fragrance market is classified into flower-based, fruit-based, spices, wood, others. The fruit-based sub-segment has the largest market share of all of the natural fragrances in the source segment. It is also expected to have the highest natural fragrances market growth. Fruit-based natural fragrances, such as citrus, berry, and tropical fruits, are popular for their fresh and uplifting scents. They are often used in home fragrances, personal care products, and hair care products. Flower-based natural fragrances, such as rose, jasmine, and lavender, are popular for their delicate and feminine scents. They are often used in perfumes, body sprays, and other personal care products.
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