Jasmine Extract Market Size and Share

Jasmine Extract Market Summary
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Jasmine Extract Market Analysis by Mordor Intelligence

The jasmine extract market size is valued at USD 325.45 million in 2025 and is projected to reach USD 438.12 million by 2030, registering a CAGR of 6.13% during the forecast period. Driven by a growing consumer appetite for natural and functional ingredients, the jasmine extract market is witnessing steady growth, particularly in personal care and wellness sectors. Once primarily associated with fine fragrances, the market is now broadening its horizons, delving into areas like aromatherapy, skincare, and dietary supplements. This shift is largely attributed to heightened awareness of plant-based ingredients and their therapeutic advantages, especially in stress relief and emotional wellness. The Asia-Pacific region, bolstered by ideal jasmine cultivation conditions and a burgeoning cosmetics and wellness sector, stands as the market leader. In nations like India and China, where jasmine is culturally and religiously significant, there's a notable investment in advanced extraction technologies, including CO₂ and solvent-free methods, enhancing both yield and purity. While there's a pronounced consumer shift towards natural extracts over synthetic ones, the latter still play a role in cost-sensitive formulations. Concentrates dominate the product landscape, yet essential oils are emerging as sought-after premium offerings. 

Key Report Takeaways

  • By product type, concentrates led with 68.84% revenue share in 2024, while essential oils are projected to post the fastest 8.35% CAGR through 2030.
  • By category, natural variants accounted for 85.46% of the 2024 revenue, whereas synthetic extracts are expected to register a 6.82% CAGR to 2030.
  • By application, fragrance and perfumes held 52.46% of 2024 sales; aromatherapy and wellness uses are forecast to grow at a 9.32% CAGR during 2025-2030.
  • By geography, Asia-Pacific commanded 42.46% of 2024 value, and the same region is set to expand at an 8.71% CAGR through 2030.

Segment Analysis

By Product Type: Concentrates Lead Despite Essential Oil Innovation

In 2024, jasmine concentrates dominate the jasmine extract market, holding a 68.84% share. Their versatility in applications, spanning perfumes, cosmetics, and food flavorings, drives this dominance. These concentrates are favored for their cost-efficiency in large-scale production and stability in intricate formulations. Esteemed brands like Chanel and Estée Lauder prioritize jasmine concentrates in their signature fragrances, valuing consistent formulations and trusted sourcing channels. In the skincare realm, The Body Shop incorporates jasmine concentrates into its lotions and body mists, leveraging high dilution ratios for enhanced sensory experiences without inflating costs. 

Essential oils are the market's fastest-growing segment, with a projected CAGR of 8.35% through 2030. This growth is driven by rising consumer demand for high-purity, therapeutic products, especially in aromatherapy and self-care. In 2024, premium wellness brands like Vitruvi and Nature’s Truth debuted jasmine essential oil products, touting benefits like relaxation and hormonal balance. Beyond concentrates and essential oils, formats like absolutes and resinoids cater to niche perfumery and luxury spa markets. For example, in 2024, Abel Fragrance rolled out a limited-edition perfume featuring jasmine absolute, and several boutique spas across Europe are now using jasmine resinoids in bespoke massage oils. While these segments hold a smaller market share, they underscore jasmine extract's growing prominence in premium and artisanal circles.

Jasmine Extract Market: Market Share by Product Type
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By Category: Natural Dominance Amid Synthetic Efficiency Gains

In 2024, natural jasmine extracts dominate the market, holding an impressive 85.46% share. This stronghold underscores a pronounced consumer inclination towards authenticity, especially in high-end sectors like cosmetics, aromatherapy, and wellness. Here, natural ingredients are synonymous with safety, efficacy, and product integrity. Brands such as L'Occitane and Forest Essentials prominently feature natural jasmine on their packaging and marketing, underscoring purity and origin. This strategy aligns seamlessly with the rising clean beauty movement and the trend of conscious consumerism. In the realm of aromatherapy, doTERRA and Vitruvi exclusively harness natural jasmine extract in their premium offerings, bolstering brand trust and emphasizing therapeutic value. Producers like Givaudan are amplifying this premium stance, championing sustainable sourcing initiatives. 

On the other hand, synthetic jasmine extracts are on an upward trajectory, eyeing a CAGR of 6.82% through 2030. Their primary playgrounds are mass-market perfumes, air fresheners, and household care products, where cost efficiency and consistent aroma take precedence over botanical authenticity. Owing to technological strides in molecular synthesis, brands can now closely mimic jasmine’s aromatic nuances. This advancement has paved the way for companies like Glade and Revlon to seamlessly integrate synthetic jasmine into their products, ensuring top-notch olfactory performance. 

By Application: Aromatherapy Disrupts Traditional Fragrance Leadership

In 2024, fragrance and perfume applications command a dominant 52.46% share of the jasmine extract market, capitalizing on the flower's esteemed position in luxury formulations and its cultural significance in premium scenting. With decades of expertise, the industry has solidified jasmine's status as a cornerstone in high-end products. Esteemed brands, including Dior with its J’Adore and Chanel’s iconic No.5, have consistently turned to jasmine, anchoring these fragrances as global bestsellers. This segment's prominence highlights jasmine's unparalleled significance in perfumery, where a blend of heritage and sensory richness fosters enduring consumer loyalty.

Aromatherapy and wellness applications are emerging as the fastest-growing segment, boasting a robust 9.32% CAGR projected through 2030. This surge is driven by a rising consumer embrace of self-care rituals and growing scientific validation of jasmine's efficacy in alleviating anxiety and enhancing sleep quality. Brands such as Neal’s Yard Remedies and Young Living are at the forefront, infusing jasmine oils into their diffuser blends and topical products, thereby bolstering jasmine's therapeutic reputation. Beyond the realm of aromatherapy, cosmetics and personal care giants like Lush and Forest Essentials are weaving jasmine into their clean beauty offerings. Meanwhile, the dietary supplement sector is cautiously venturing into jasmine's Generally Recognized As Safe (GRAS) status, eyeing its potential in stress-relief nutraceuticals. Even in the food and beverage domain, where regulatory and intensity challenges have historically limited its use, there's a budding interest. Specialty teas are beginning to embrace jasmine, signaling a diversification of jasmine extract applications beyond its traditional perfumery roots.

Jasmine Extract Market: Market Share by Application
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Geography Analysis

In 2024, Asia-Pacific commands a dominant 42.46% share of the jasmine extract market, a testament to its cultural significance, robust agricultural framework, and cost-efficient production. India stands out, with Tamil Nadu at the forefront, cultivating over 77,000 tonnes annually across more than 9,000 hectares. In India, jasmine plays a pivotal role in religious rituals, personal care, and traditional medicine, ensuring a steady local demand. Coupled with extensive farming and a skilled workforce, the region emerges as a primary exporter of jasmine derivatives on the global stage.

North America is on a rapid ascent, projected to grow at an 8.71% CAGR through 2030. This surge is fueled by a growing appetite for clean beauty and plant-based wellness, especially in aromatherapy and dietary supplements. Jasmine's reputation for promoting emotional wellness, including stress relief and improved sleep, resonates with evolving U.S. consumer preferences. Brands such as Vitruvi and The Nue Co. are capitalizing on this trend, launching jasmine-infused wellness and fragrance products. Moreover, with the FDA granting GRAS status to jasmine extract, its adoption in new supplement formats is on the rise, even as the region remains heavily import-dependent due to limited local cultivation.

Europe, while mature, offers a lucrative landscape marked by stringent regulations and premium product positioning. The Grasse region of France stands as a bastion for jasmine in high-end perfumery. EU regulations not only champion natural product innovation in cosmetics but also mandate traceability and safety, benefiting compliant businesses. Initiatives like Givaudan’s House of Naturals underscore the region's commitment to sustainable sourcing and environmental transparency. The Middle East and Africa, though operating on a smaller scale, showcase potential in traditional markets like the United Arab Emirates and Morocco, yet face challenges in rapid growth due to infrastructural and economic hurdles.

Jasmine Extract Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The market is moderately consolidated with leading companies in the jasmine extract market emphasizing premium positioning through brand storytelling, ethical sourcing narratives, and customized formulations. Givaudan, for instance, highlights jasmine sourced from specific regions like Egypt or India, appealing to consumers who value provenance and authenticity. Firmenich employs sensory marketing strategies, promoting emotion-driven product benefits like “uplift” or “calm” to resonate with wellness-focused consumers. Meanwhile, smaller brands entering direct-to-consumer channels, especially in aromatherapy, emphasize minimalist packaging and transparent labeling to convey natural purity and align with clean beauty aesthetics.

Major players are investing heavily in advanced extraction technologies to ensure consistency and quality amid climatic and supply fluctuations. dsm-firmenich has pioneered supercritical CO₂ extraction, preserving jasmine’s delicate aromatic profile without chemical solvents, thus enhancing purity and meeting clean-label standards. Symrise, on the other hand, employs molecular analytics and AI-based formulation tools to replicate jasmine profiles stably and scalably, catering to the rising demand from both natural and synthetic product lines. 

Jasmine extract producers are increasingly pursuing strategic mergers, acquisitions, and global expansion to bolster their market leadership. Givaudan’s collaborations with local jasmine farmers in Upper Egypt not only guarantee raw material access but also bolster social impact narratives, enhancing brand equity. In contrast, smaller firms are tapping into niche opportunities through e-commerce and wellness collaborations, targeting underserved segments like ingestible aromatherapy or stress-relief supplements, setting themselves apart from traditional fragrance-centric players.

Jasmine Extract Industry Leaders

  1. Givaudan S.A.

  2. DSM‑Firmenich

  3. Symrise AG

  4. International Flavors and Fragrances Inc.

  5. Robertet Group

  6. *Disclaimer: Major Players sorted in no particular order
Jasmine Extract Market Concentration
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Recent Industry Developments

  • January 2025: Givaudan began a comprehensive sustainability roll-out in Egypt, training 240 jasmine farmers on organic inputs and water-efficient irrigation.
  • July 2024: DSM-Firmenich completed its post-merger integration, announcing accelerations in supercritical CO₂ extraction capacity for jasmine raw materials.
  • July 2024: Givaudan acquired b.kolormakeup & skincare, adding CHF 77 million in annual sales and broadening downstream access to beauty brands.

Table of Contents for Jasmine Extract Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising consumer preference for natural and organic cosmetic products
    • 4.2.2 Growing demand for functional teas infused with jasmine
    • 4.2.3 Surging demand for premium, naturally-derived perfumes and fragrances
    • 4.2.4 Expanding use of jasmine extracts in dietary supplements for health benefits
    • 4.2.5 Increasing popularity of jasmine in aromatherapy applications
    • 4.2.6 Advancements in extraction technologies are enhancing quality and sustainability
  • 4.3 Market Restraints
    • 4.3.1 Volatile raw material prices are driven by unpredictable yields
    • 4.3.2 Challenges in cultivation and supply chain disruptions
    • 4.3.3 Intense competition from other botanicals in the market
    • 4.3.4 High production costs due to labor-intensive extraction and sustainable farming
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS

  • 5.1 By Product Type
    • 5.1.1 Concentrates
    • 5.1.2 Essential Oils
  • 5.2 By Category
    • 5.2.1 Natural
    • 5.2.2 Synthetic
  • 5.3 By Application
    • 5.3.1 Fragrance and Perfumes
    • 5.3.2 Cosmetics and Personal Care
    • 5.3.3 Aromatherapy and Wellness
    • 5.3.4 Food and Beverage
    • 5.3.5 Dietary Supplements
    • 5.3.6 Others
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 United Kingdom
    • 5.4.2.2 Germany
    • 5.4.2.3 Spain
    • 5.4.2.4 Italy
    • 5.4.2.5 France
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Givaudan S.A.
    • 6.4.2 DSM-Firmenich
    • 6.4.3 Symrise AG
    • 6.4.4 International Flavors and Fragrances Inc.
    • 6.4.5 Robertet Group
    • 6.4.6 Mane S.A.
    • 6.4.7 Takasago International Corporation
    • 6.4.8 A. Fakhry & Co.
    • 6.4.9 MartinBauer Gruppe
    • 6.4.10 Albert Vieille SAS
    • 6.4.11 Indesso Aroma
    • 6.4.12 Ungulati Srl
    • 6.4.13 Elixens France S.A.S.
    • 6.4.14 PT. Van Aroma
    • 6.4.15 Kanta Enterprises Private Limited
    • 6.4.16 Floracopeia Inc.
    • 6.4.17 Kazima Perfumers
    • 6.4.18 Meena Perfumery
    • 6.4.19 Biolandes SAS
    • 6.4.20 Ultra International B.V.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Jasmine Extract Market Report Scope

By Product Type
Concentrates
Essential Oils
By Category
Natural
Synthetic
By Application
Fragrance and Perfumes
Cosmetics and Personal Care
Aromatherapy and Wellness
Food and Beverage
Dietary Supplements
Others
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe United Kingdom
Germany
Spain
Italy
France
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Product Type Concentrates
Essential Oils
By Category Natural
Synthetic
By Application Fragrance and Perfumes
Cosmetics and Personal Care
Aromatherapy and Wellness
Food and Beverage
Dietary Supplements
Others
By Geography North America United States
Canada
Mexico
Rest of North America
Europe United Kingdom
Germany
Spain
Italy
France
Rest of Europe
Asia-Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large is the jasmine extract market in 2025?

The jasmine extract market size is USD 325.45 million in 2025.

What is the expected CAGR for jasmine extract through 2030?

The forecast CAGR is 6.13% between 2025 and 2030.

Which region contributes the most to global demand?

Asia-Pacific leads with 42.46% of 2024 value and is the fastest-growing region.

Which product segment is expanding quickest?

Essential oils are projected to rise at an 8.35% CAGR to 2030.

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