The eugenol market is a key segment in the global essential oils industry, with a broad range of applications spanning flavor & fragrance, pharmaceuticals, food & beverages, and cosmetics & personal care. Eugenol, a natural compound derived from cloves and other plants, is widely used for its aromatic, therapeutic, and flavoring properties. It is also gaining traction due to its applications in pharmaceuticals and personal care, fueled by increasing consumer demand for natural and functional ingredients.
This product will be delivered within 1-3 business days.
Market Size
The global eugenol market is projected to reach 93 million USD by 2025, with an anticipated compound annual growth rate (CAGR) of 5.5% during the period from 2025 to 2030. This growth is driven by rising demand for natural flavoring agents, an increase in eugenol's usage in pharmaceuticals, and a growing preference for plant-based ingredients in consumer goods. Eugenol's broad applications across industries support its consistent market expansion.Market Share & Trends Analysis
By Application
The eugenol market is segmented by various applications, each contributing differently to the overall market growth. The estimated market share and growth rates for each application are as follows:- Flavor & Fragrance: The flavor & fragrance segment holds 10% of the total market share. This segment is expected to grow at a moderate rate with a projected CAGR of 4% to 6%, driven by the increasing demand for eugenol as a natural flavoring agent in a variety of food products and perfumes.
- Pharmaceuticals: The pharmaceuticals segment accounts for 25% of the market share. This sector is expected to grow at a strong rate, with a CAGR of 6% to 8%, as eugenol is used in a variety of medicinal products, including pain relievers, dental products, and topical treatments.
- Food & Beverages: The food & beverages sector is the largest application, accounting for 36% of the market share. This segment is expected to maintain significant growth with a CAGR of 5% to 7%, supported by the increasing use of eugenol in flavoring, beverages, and processed food items.
- Cosmetics & Personal Care: The cosmetics & personal care sector holds 17% of the market share. This segment is projected to experience a steady growth rate, with a CAGR of 5% to 7%, as eugenol finds increasing use in skincare products, fragrances, and haircare formulations.
By Product Types
The eugenol market is also segmented by product type, which influences its application and usage across various industries. The two main types are:- Natural Eugenol: Derived from plant sources such as cloves, this type of eugenol is gaining preference in the food, pharmaceutical, and cosmetics industries due to its natural origin and functional properties.
- Synthetic Eugenol: Produced through chemical processes, synthetic eugenol is primarily used in flavoring, fragrance, and pharmaceutical applications. This type of eugenol offers a cost-effective alternative to its natural counterpart while maintaining its aromatic qualities.
By Region
The global eugenol market is expected to grow across various regions, with the following estimated market share for key regions:- Asia-Pacific (APAC): The Asia-Pacific region holds 21% of the market share, with moderate growth expected over the forecast period. This region benefits from the large-scale production of eugenol in countries like India and China, where eugenol is widely used in the food and beverage industry.
- North America: North America accounts for 33% of the market share, driven by the high demand for eugenol in pharmaceuticals and personal care products. This region is expected to grow at a steady rate, with a projected CAGR of 5% to 6%.
- Europe: Europe holds 28% of the market share, with growth expected due to the increasing use of eugenol in natural cosmetic products and pharmaceuticals. The demand for natural and sustainable ingredients in cosmetics is particularly strong in this region.
Segment Forecasts (2025-2030)
Growth in Key Segments
- Flavor & Fragrance: This segment is expected to grow at a moderate CAGR of 4% to 6% as eugenol continues to see use in both the food and fragrance industries.
- Pharmaceuticals: The pharmaceuticals segment is projected to experience strong growth, with a CAGR of 6% to 8%, driven by increasing applications in pain relief and oral care products.
- Food & Beverages: The food & beverages sector is expected to maintain robust growth at a CAGR of 5% to 7%, driven by the demand for natural flavoring agents.
- Cosmetics & Personal Care: The cosmetics and personal care segment is projected to grow at a steady rate with a CAGR of 5% to 7%, as eugenol is increasingly used in skin and haircare products.
Key Players
The eugenol market features several key players that drive production and supply across global regions. These companies include:- GEM Aromatics: A key player in the essential oils market, supplying high-quality eugenol for various applications, particularly in food and personal care products.
- Yasho Industries: Known for its production of natural eugenol, Yasho Industries supplies eugenol to multiple sectors including pharmaceuticals and food & beverages.
- Indesso: A leading supplier of essential oils, including eugenol, serving markets such as flavor & fragrance, food, and personal care.
- Thrive Chemicals: Specializes in natural eugenol and other essential oils, with a focus on applications in the cosmetics and food sectors.
- Baicao Pharma: A major supplier of pharmaceutical-grade eugenol used in various therapeutic and medicinal products.
- Push Bio-Technology: Focuses on the production of natural eugenol for pharmaceutical and food industries.
- Jiangxi Cedar: A key producer of eugenol, supplying high-quality products primarily for the fragrance and food sectors.
- Njrich: Known for its range of essential oils, including eugenol, used in a variety of applications from pharmaceuticals to cosmetics.
- Shanghai Tauto: A major player in the eugenol market, offering both natural and synthetic eugenol to global markets.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Eugenol Market in North America (2020-2030)
Chapter 10 Historical and Forecast Eugenol Market in South America (2020-2030)
Chapter 11 Historical and Forecast Eugenol Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Eugenol Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Eugenol Market in MEA (2020-2030)
Chapter 14 Summary For Global Eugenol Market (2020-2025)
Chapter 15 Global Eugenol Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- GEM Aromatics
- Yasho Industries
- Indesso
- Thrive Chemicals
- Baicao Pharma
- Push Bio-Technology
- Jiangxi Cedar
- Njrich
- Shanghai Tauto
