South Korea Herbal Fragrance Ingredient Market was valued at USD 0.2 Billion in 2022 and is projected to reach USD 0.4 Billion by 2030, growing at a CAGR of 8.1% from 2024 to 2030.
The South Korea herbal fragrance ingredient market is rapidly growing, driven by increasing demand from industries such as cosmetics, pharmaceuticals, and food and beverage sectors. These ingredients, which include essential oils, extracts, and plant-based compounds, offer a natural alternative to synthetic fragrances and are increasingly being sought after for their perceived health benefits and sustainability. As consumer awareness around natural products rises, companies are looking to incorporate more herbal ingredients into their products, ensuring that they meet the preferences of health-conscious consumers.
In South Korea, the demand for herbal fragrance ingredients is particularly strong in the beauty and personal care industries. Brands are focusing on products that emphasize the use of natural scents derived from plants like lavender, jasmine, and sandalwood. These herbal fragrances are not only appreciated for their pleasant aromas but also for their ability to have therapeutic effects, such as calming, stress-relieving, and skin-soothing properties. In fact, the use of herbal ingredients is becoming a key selling point in the marketing of skincare products, which are a major component of South Korea’s beauty industry.
Industries in South Korea also require herbal fragrance ingredients to meet strict safety and quality standards. Manufacturers are looking for ingredients that have been certified for their purity, potency, and lack of harmful chemicals. Regulatory compliance is essential to ensure that these ingredients are safe for consumers, and the growing trend toward organic and eco-friendly products pushes companies to source herbal fragrances from sustainable and ethical sources.
Beyond cosmetics, the herbal fragrance ingredient market is also expanding into the food and beverage sectors. Consumers in South Korea are becoming more health-conscious and are turning to products that feature natural flavors and aromas. Herbal fragrances, such as those derived from mint, ginger, and citrus, are being incorporated into a variety of products, from teas to snacks, providing a refreshing and natural alternative to artificial flavors.
Overall, the herbal fragrance ingredient market in South Korea is evolving rapidly, with industries across different sectors recognizing the value of using natural ingredients to meet consumer demand for healthier, sustainable, and eco-friendly products. Companies are expected to continue prioritizing innovation, quality, and sustainability as they explore new ways to incorporate these beneficial ingredients into their products.
Get an In-Depth Research Analysis of the South Korea Herbal Fragrance Ingredient Market Size And Forecast [2025-2032]
Â
Symrise AG
Firmenich SA
Givaudan SA
lnternational Flavors & Fragrances Inc.(IFF)
Takasago International Corporation
Mane SA
Robertet SA
Sensient Technologies Corporation
Frutarom Industries Ltd.
Huabao International Holdings Ltd.
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Herbal Fragrance Ingredient Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Herbal Fragrance Ingredient Market
Essential Oils
Absoute Oils
Concretes
Resinoids
Others
Plant-based
Animal-based
Personal Care & Cosmetics
Home Care & Cleaning
Fine Fragrances
Food & Beverages
Others
Direct Sales
Retail
Online
Fragrance Manufacturers
Cosmetic Companies
Pharmaceutical Companies
Others
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Herbal Fragrance Ingredient Market Research Analysis
1. Introduction of the South Korea Herbal Fragrance Ingredient Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Herbal Fragrance Ingredient Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Herbal Fragrance Ingredient Market, By Type
6. South Korea Herbal Fragrance Ingredient Market, By Application
7. South Korea Herbal Fragrance Ingredient Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Herbal Fragrance Ingredient Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/