Natural fragrances are defined as the complex fragrance compounds which are made up of natural aromatics. It is widely used for external applications namely home care, body care, spray perfumes, among others. In the last few years, there is a significant demand for natural fragrance due to the rising demand for personal care & cosmetics products. For instance, according to the International Trade Administration, the total United States exports in personal care and cosmetics subsector was more than USD 10.4 billion in 2015. Hence, rising demand for personal care & cosmetics products, changing lifestyle among teenager and rising disposal income among middle-class families are projected to drive the global natural fragrance market over the forecast period.
The Players Covered in the Study are:
Givaudan SA (Switzerland), Firmenich SA (Switzerland), Symrise AG (Germany), International Flavors and Fragrance (United States), Sensient Flavors and Fragrances (United States), Takasago International (Japan), T.Hasegawa Co., Ltd (Japan), Bioaroma (France), Robertet SA. (France) and Frutarom Industries Ltd. (Israel)
List of players that can be included in the study on immediate basis are Bell Flavors & Fragrances (United States) and T. Hasegawa Co., Ltd. (Japan).