The Global Octyl Formate Market was valued at USD 54.8 Million in 2024 and is projected to reach USD 73.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2030). This consistent growth is primarily driven by the rising demand for natural and synthetic flavoring agents in the food and beverage industry, expanding applications in premium personal care products, and increasing consumer preference for fresh, fruity fragrances.

As the flavor and fragrance sector continues to innovate with clean-label and sustainable ingredients, the focus shifts to the key chemical manufacturers and suppliers who are leading the production and development of high-purity octyl formate. This ester, known for its characteristic fruity, slightly herbaceous aroma reminiscent of raspberry and apricot, is a vital component in creating sophisticated sensory experiences. In this blog, we profile the Top 10 Companies in the Octyl Formate Industry—a combination of established chemical giants and specialized ingredient suppliers shaping the future of flavors and fragrances.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-Purity Octyl Formate (98%, 99%), Aroma Chemicals

BASF is a global leader in the chemical industry and a major supplier of aroma chemicals, including octyl formate. Their extensive portfolio serves the flavor and fragrance sectors with a strong emphasis on quality, consistency, and regulatory compliance. BASF’s integrated production processes ensure a reliable supply chain for global customers.

Innovation and Sustainability Initiatives:

• Investment in bio-based routes for ester production

• Commitment to sustainable sourcing of raw materials

• Development of green chemistry principles in aroma chemical synthesis

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9️⃣ 2. Symrise AG

Headquarters: Holzminden, Germany
Key Offering: Octyl Formate for Flavors & Fragrances, Scent & Care ingredients

Symrise is a top-tier global supplier of flavors, fragrances, and cosmetic ingredients. Their Scent & Care segment extensively uses octyl formate to create fresh, fruity top notes in fine fragrances, personal care products, and household care items. Their deep understanding of consumer trends drives innovation in scent creation.

Innovation and Sustainability Initiatives:

• Focus on natural and renewable ingredients

• Strong R&D in sustainable fragrance solutions

• Global partnerships with perfumers and flavorists

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8️⃣ 3. Vigon International, Inc.

Headquarters: East Stroudsburg, Pennsylvania, USA
Key Offering: High-Quality Octyl Formate, Flavor & Fragrance Ingredients

Vigon International is a leading specialty ingredient supplier to the flavor and fragrance industry in North America and internationally. They are recognized for their customer-centric approach and robust portfolio of aroma chemicals, including reliable supplies of octyl formate tailored to specific client needs.

Innovation and Sustainability Initiatives:

• Strategic sourcing and supply chain optimization

• Value-added technical services and custom solutions

• Commitment to quality assurance and product traceability

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7️⃣ 4. Tokyo Chemical Industry Co., Ltd. (TCI)

Headquarters: Tokyo, Japan
Key Offering: Laboratory Grade & High-Purity Octyl Formate (98%, 99%)

TCI is a prominent global supplier of high-purity laboratory chemicals, including octyl formate. While serving R&D and analytical applications, TCI’s products are also used by specialty chemical manufacturers. Their commitment to purity makes them a key player for high-grade ester requirements.

Innovation and Sustainability Initiatives:

• Extensive catalog of fine chemicals for research

• Focus on product quality and analytical standards

• Support for academic and industrial research initiatives

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6️⃣ 5. Merck KGaA (Sigma-Aldrich)

Headquarters: Darmstadt, Germany
Key Offering: Analytical Grade Octyl Formate, Life Science Reagents

Operating through its Sigma-Aldrich brand, Merck is a leading life science and high-tech company. It supplies high-purity octyl formate primarily for research, quality control, and analytical purposes within the flavor, fragrance, and pharmaceutical industries, ensuring stringent quality standards.

Innovation and Sustainability Initiatives:

• Investment in advanced analytical and purification technologies

• Sustainable operations aligned with global environmental goals

• Support for scientific discovery and innovation

Download FREE Sample Report:
Global Octyl Formate Market – View in Detailed Research Report

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5️⃣ 6. Elan Chemical Company Inc.

Headquarters: Newark, New Jersey, USA
Key Offering: Octyl Formate, Specialty Esters and Aroma Chemicals

Elan Chemical is a well-established US-based manufacturer and distributor of specialty chemicals, including a range of esters for the flavor and fragrance industry. They provide octyl formate to customers seeking reliable North American production and flexible supply options.

Innovation and Sustainability Initiatives:

• Domestic manufacturing capabilities

• Flexible packaging and distribution services

• Focus on customer-specific formulations

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4️⃣ 7. Berjé Inc.

Headquarters: Carteret, New Jersey, USA
Key Offering: Octyl Formate, Essential Oils, Aromatic Chemicals

Berjé is a global distributor of essential oils, aroma chemicals, and raw materials. With decades of experience, they have built a strong network for sourcing and supplying octyl formate to the flavor, fragrance, and food industries, emphasizing quality and service.

Innovation and Sustainability Initiatives:

• Global sourcing expertise and supply chain management

• Strategic alliances with producers worldwide

• Commitment to ethical and sustainable sourcing practices

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3️⃣ 8. Oxiteno (A Part of Ultrapar)

Headquarters: São Paulo, Brazil
Key Offering: Oxiteno Octyl Formate, Specialty Surfactants and Esters

Oxiteno is a leading Latin American chemical company specializing in surfactants and specialty chemicals. While its core focus is on ethylene oxide derivatives, it has capabilities in ester production, including chemicals like octyl formate, serving regional and international markets, particularly in the flavor and fragrance sector.

Innovation and Sustainability Initiatives:

• Strong presence in the growing Latin American market

• Investment in eco-efficient production technologies

• Development of sustainable product portfolios

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2️⃣ 9. Ventos S.A.

Headquarters: Barcelona, Spain
Key Offering: High-Purity Octyl Formate, Fragrance Ingredients

Ventos is a Spanish company with a strong focus on the fragrance and flavor industry. They specialize in the production and distribution of aroma chemicals and essential oils, supplying high-quality octyl formate to perfumers and flavor creators across Europe and other regions.

Innovation and Sustainability Initiatives:

• Focus on the European fragrance market dynamics

• Emphasis on product quality and customer service

• Adherence to European regulatory standards (REACH)

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1️⃣ 10. Penta Manufacturing Company

Headquarters: Livingston, New Jersey, USA
Key Offering: Octyl Formate, Food Grade & Fragrance Grade Chemicals

Penta Manufacturing is a key player in the specialty chemicals market, particularly for food, flavor, and fragrance applications. They are known for their extensive product catalog and reliable supply of ingredients like octyl formate, serving a diverse global clientele with a focus on purity and consistency.

Innovation and Sustainability Initiatives:

• Broad portfolio catering to diverse industrial needs

• Strong logistical network for efficient distribution

• Commitment to meeting international food and safety standards

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Global Octyl Formate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Octyl Formate is Driven by Green Chemistry and Premiumization

The octyl formate market is evolving in response to powerful consumer and industrial trends. While traditional applications remain strong, the industry is increasingly influenced by the demand for natural and sustainable ingredients, technological advancements in production, and the premiumization of consumer goods.

📈 Key Trends Shaping the Market:

• Growing demand for natural and nature-identical flavoring agents in the food & beverage industry.

• Shift towards bio-based synthesis routes for esters to enhance sustainability credentials.

• Increasing use of fruity and fresh notes in personal care and home care fragrances.

• Consolidation and strategic partnerships among chemical suppliers to strengthen market positions.

The companies listed above are at the forefront of meeting these challenges and opportunities. They are not only supplying a crucial ingredient but are also actively participating in the innovation and sustainable transformation of the global flavor and fragrance landscape.

Get Full Report Here:
Global Octyl Formate Market – View in Detailed Research Report