Functional Fragrances Market
Functional Fragrances Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Functional Fragrances Market Size and Growth
The Functional Fragrances market is experiencing robust growth, driven by increasing consumer demand for wellness-oriented products. The global market size is projected to reach approximately $18 billion by 2025. Key trends include rising interest in scent-driven mood enhancement and product innovation across personal care, household, and fragrance industries.
Companies Covered
(Covid 19 Impact Covered)
◍ Givaudan
◍ Sensient
◍ Symrise
◍ Firmenich
◍ Mane
The Functional Fragrances Market is competitive, with companies like Givaudan, Sensient, and IFF innovating to develop functional fragrances for applications in food, beverages, and personal care. These companies enhance product appeal and market growth through R&D, strategic partnerships, and sustainability initiatives. Key sales figures include:
- Givaudan: $5.36 billion
◍ International Flavors & Fragrances, Inc. (IFF)
◍ T. Hasegawa
◍ WILD Flavors
◍ Takasago
◍ Robertet SA
◍ Huabao
◍ Shanghai Apple
◍ Kerry
◍ Boton
◍ Yingyang
◍ Prova
◍ McCormick
◍ Wanxiang International
- IFF: $3.80 billion
- Symrise: $3.25 billion
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Market Segmentation
By Application
Food and Beverages
Daily Chemicals
Tobacco Industry
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By Product
Natural Fragrances
Artificial Fragrances
Market Growth
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$ X Billion USD
