The Global Perfume Grade Damascenone Market was valued at US$ 43.3 Million in 2025 and is projected to reach US$ 67.1 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period (2024–2034). This robust growth is fueled by escalating demand from the premium cosmetics and fragrance sectors, alongside increasing applications in fine fragrances and high-end food flavorings that require sophisticated aroma profiles.

As consumer preferences shift towards unique, natural-smelling, and complex scents, the ingredient at the heart of many iconic fragrances—Damascenone—is gaining prominence. This blog profiles the Top 10 Companies in the Perfume Grade Damascenone Industry, highlighting the key players whose innovation and quality are shaping the future of luxury aromatics worldwide.

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🔟 1. Firmenich

Headquarters: Geneva, Switzerland
Key Offering: High-Purity Beta-Damascenone, Custom Aroma Molecules

Firmenich, a leader in the global fragrance and flavor industry, is renowned for its high-quality Perfume Grade Damascenone. The company leverages advanced biotechnology and synthetic chemistry to produce Damascenone with exceptional olfactory characteristics, making it a preferred partner for luxury perfume houses.

Innovation and Sustainability Initiatives:

• Pioneering green chemistry routes for sustainable Damascenone production.

• Strong R&D focus on enhancing the sensory profile and stability of aroma chemicals.

• Commitment to carbon-neutral operations by 2040.

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9️⃣ 2. International Flavors & Fragrances Inc. (IFF)

Headquarters: New York, USA
Key Offering: Damascenone (CAS 23696-85-7), Rose Ketone Blends

IFF is a global powerhouse created by the merger of IFF and Frutarom. Its extensive portfolio includes high-purity Perfume Grade Damascenone, essential for creating rose, apple, and honey notes in fine fragrances and personal care products.

Innovation and Sustainability Initiatives:

• Investment in biotechnology for the production of natural identical fragrance ingredients.

• Development of compliant and sustainable sourcing strategies for raw materials.

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8️⃣ 3. Hangzhou Grascent Co., Ltd.

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Purity 95% & 98% Damascenone, Aroma Chemicals

Hangzhou Grascent is a major Chinese manufacturer specializing in a wide range of fragrance and flavor ingredients. The company has established itself as a key supplier of cost-effective and high-quality Perfume Grade Damascenone to both domestic and international markets.

Innovation and Sustainability Initiatives:

• Expansion of production capacities to meet growing global demand.

• Focus on improving purification processes to achieve higher yield and purity levels.

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7️⃣ 4. ACS International

Headquarters: United Kingdom
Key Offering: Beta-Damascenone, Specialty Aroma Chemicals

ACS International is a prominent distributor and supplier of fine chemicals, including Perfume Grade Damascenone. The company serves the EMEA region, providing critical ingredients to fragrance compounders and manufacturers.

Innovation and Sustainability Initiatives:

• Strategic global sourcing to ensure a consistent and reliable supply chain.

• Focus on providing technical support and high-purity grades to meet stringent industry standards.

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6️⃣ 5. Advanced Biotech

Headquarters: New Jersey, USA
Key Offering: Natural Isolates, Damascenone for Flavors & Fragrances

Advanced Biotech specializes in natural extracts and fragrance ingredients. While known for natural products, they also supply high-quality Damascenone suitable for premium applications where a rich, fruity-floral character is desired.

Innovation and Sustainability Initiatives:

• Expertise in both natural and synthetic aroma molecule production.

• Commitment to stringent quality control for ingredient safety and performance.

Download FREE Sample Report:
Perfume Grade Damascenone Market – View in Detailed Research Report

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5️⃣ 6. Axxence Aromatic GmbH

Headquarters: Marl, Germany
Key Offering: Damascenone, Aroma Chemicals for Professional Use

Axxence Aromatic is a leading European manufacturer of synthetic aroma chemicals. The company produces Perfume Grade Damascenone known for its consistency and reliability, catering to the specific needs of fragrance creators.

Innovation and Sustainability Initiatives:

• Continuous process optimization for environmentally conscious manufacturing.

• Strong focus on R&D to develop novel fragrance molecules and applications.

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4️⃣ 7. Aurochemicals

Headquarters: Gujarat, India
Key Offering: Perfume Grade Damascenone, Musk Ketones, Ionones

Aurochemicals is an emerging Indian player in the aroma chemical industry, offering a range of products including Damascenone. The company is gaining traction by providing competitive pricing and focusing on the quality required by global markets.

Innovation and Sustainability Initiatives:

• Investment in scaling up manufacturing capabilities.

• Adoption of international quality standards to enhance global market penetration.

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3️⃣ 8. De Monchy Aromatics

Headquarters: Southampton, United Kingdom
Key Offering: Fragrance Raw Materials, including Damascenone

De Monchy Aromatics is a major distributor of essential oils and aroma chemicals across Europe and North America. They supply Perfume Grade Damascenone to a wide network of perfumers and flavorists.

Innovation and Sustainability Initiatives:

• Providing a diverse portfolio of ingredients from multiple trusted manufacturers.

• Emphasis on sustainable and traceable sourcing practices.

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2️⃣ 9. Phoenix Aromas & Essential Oils, LLC

Headquarters: New York, USA
Key Offering: Aroma Chemical Blends, Damascenone

Phoenix Aromas is a creative fragrance house and supplier that sources and utilizes high-purity Damascenone in its bespoke fragrance formulations for personal care, home care, and fine fragrance applications.

Innovation and Sustainability Initiatives:

• Focus on creating innovative fragrance solutions for clients.

• Investment in R&D for new scent profiles and applications.

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1️⃣ 10. Other Key Regional Suppliers

Headquarters: Various Global Locations
Key Offering: Damascenone, Custom Synthesis Services

Beyond the major global players, a network of specialized chemical manufacturers and distributors in Asia, particularly in China and India, contribute significantly to the market. These companies often focus on competitive production of Purity 95% and 98% grades, serving regional demand and acting as secondary suppliers in the global chain.

Market Role:

• Crucial for supplying cost-sensitive market segments.

• Increasingly improving quality to compete internationally.

Get Full Report Here:
Perfume Grade Damascenone Market – View in Detailed Research Report

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🌹 Outlook: The Future of Perfume Grade Damascenone is Nuanced and Natural

The Perfume Grade Damascenone market is evolving towards greater sophistication and sustainability. While synthetic production currently dominates, there is a clear industry trend towards developing bio-based and natural identical versions to meet consumer demand for cleaner labels and natural ingredients in prestige fragrances.

📈 Key Trends Shaping the Market:

• Rising demand for complex, natural-smelling fragrance notes in luxury perfumery.

• Increased application in niche and artisanal fragrance brands seeking unique olfactory signatures.

• Technological advancements in synthesis and purification leading to higher purity grades and consistent quality.

• Strategic partnerships between fragrance houses and chemical manufacturers to develop exclusive aroma molecules.

Get Full Report Here:
Perfume Grade Damascenone Market – View in Detailed Research Report

The companies profiled above are not just suppliers; they are the architects of aroma, playing an indispensable role in creating the captivating and luxurious scents that define brands and consumer experiences worldwide.