The Global Cooling Agents Market was valued at USD 14.5 Billion in 2024 and is projected to reach USD 19.8 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period (2025–2032). This growth is being driven by expanding applications in food & beverages, pharmaceuticals, and personal care products, alongside the accelerating adoption of Natural and Sustainable Cooling Agents solutions across diverse industries.

As consumer demand for refreshing sensations and clean-label ingredients intensifies, the spotlight is on the key chemical suppliers who are driving innovation, formulation expertise, and sustainable product pathways. In this blog, we profile the Top 10 Companies in the Cooling Agents Industry—a mix of flavor and fragrance majors, specialty chemical producers, and synthetic compound pioneers shaping the future of sensory experiences.

---

🔟 1. Symrise AG

Headquarters: Holzminden, Germany
Key Offering: Cooling Sensates, Mint Oils, and Plant-Based Cooling Agents

Symrise AG is among the world’s leading suppliers of sensory ingredients, offering a comprehensive portfolio of cooling agents across global markets. Their taste, nutrition, and scent divisions serve the food & beverage, pharmaceutical, and personal care industries, with significant investments in natural extraction technologies and novel cooling compounds like SymCool™.

Innovation Initiatives:

• Development of next-generation plant-based cooling agents

• Strategic partnerships with major consumer goods companies

• Committed to achieving 100% sustainable sourcing for key raw materials by 2030

Download FREE Sample Report:
Cooling Agents Market – View in Detailed Research Report

---

9️⃣ 2. Givaudan SA

Headquarters: Vernier, Switzerland
Key Offering: Cooling Flavors, Fragrances, and Active Beauty Ingredients

Givaudan operates in over 50 countries and serves more than 5,000 customers globally. It is a significant player in cooling agent innovation, particularly through its Active Beauty division, aiming to meet both consumer demand for novel sensations and regulatory requirements for ingredient safety.

Innovation Initiatives:

• Investment in Coolactin® technology for prolonged cooling effects

• Collaboration with flavor houses and cosmetic brands to create custom cooling profiles

---

8️⃣ 3. Firmenich International SA

Headquarters: Geneva, Switzerland
Key Offering: Specialty Coolants, Mint Derivatives, and Perfumery Compounds

Firmenich’s ingredients division is expanding its footprint in sustainable cooling agents through advanced biotechnology and green chemistry. The company is engaged in developing cooling solutions that align with global trends in wellness and natural products.

Innovation Initiatives:

• Target of 100% renewable carbon in cooling agent production by 2030

• Supply partnerships with beverage and oral care manufacturers

---

7️⃣ 4. International Flavors & Fragrances Inc. (IFF)

Headquarters: New York, USA
Key Offering: IFF Cooling Ingredients, Naturals Portfolio, and Synthetic Compounds

IFF is one of the world’s leading creators of sensory experiences, serving both consumer goods and health sectors. The company is heavily invested in cooling agent R&D, particularly through its Lucas Meyer Cosmetics division and taste innovation labs.

Innovation Initiatives:

• Goal of 25% revenue from sustainable solutions by 2025

• State-of-the-art application labs for cooling agent testing and development

Download FREE Sample Report:
Cooling Agents Market – View in Detailed Research Report

---

6️⃣ 5. Takasago International Corporation

Headquarters: Tokyo, Japan
Key Offering: Frescool™, Mint flavors, and Functional Ingredients

Takasago’s flavor and fragrance arm delivers innovative cooling solutions at more than 25 production sites globally. The company provides customized cooling profiles and is advancing the science of trigeminal sensation modulation across product categories.

Innovation Initiatives:

• Offers proprietary cooling technologies like Frescool™ for diverse applications

• Targets carbon neutrality across its operations by 2030

---

5️⃣ 6. Mane SA

Headquarters: Le Bar-sur-Loup, France
Key Offering: Natural Cooling Extracts, Synthetic Coolants, and Flavor Modifiers

Mane is a global leader in cooling sensation technology, supplying its proprietary cooling compounds to major food, beverage, and personal care brands worldwide. Their ingredients are compatible with existing manufacturing processes and regulatory frameworks.

Innovation Initiatives:

• Current natural cooling agent portfolio: Over 50 proprietary compounds

• Target: 40% revenue growth in cooling ingredients by 2028

---

4️⃣ 7. Robertet SA

Headquarters: Grasse, France
Key Offering: Natural Menthol, Eucalyptus Oils, and Botanical Extracts

Robertet serves over 3,000 customers with natural cooling ingredients and is the largest producer of natural fragrance compounds in France. It plays a vital role in the supply chain for premium natural cooling agents across Europe and North America.

Innovation Initiatives:

• Focus on 100% natural and organic cooling agent production

• R&D into novel extraction methods for mint and eucalyptus derivatives

---

3️⃣ 8. Sensient Technologies Corporation

Headquarters: Milwaukee, Wisconsin, USA
Key Offering: Flavors, Fragrances, and Color Coolants

Sensient is North America’s top supplier of cooling agents for flavors and fragrances, distributing ingredients to over 100 countries worldwide. It has developed CoolSense technology and successfully implemented cooling systems in both food and cosmetic applications.

Innovation Initiatives:

• Advanced cooling sensation research and development

• Customer-collaborative approach to custom cooling solutions

---

2️⃣ 9. Bell Flavors & Fragrances

Headquarters: Northbrook, Illinois, USA
Key Offering: Cooling Flavor Systems, Mint Profiles, and Functional Ingredients

Bell Flavors & Fragrances is a key player in North American cooling agent development and application. Its Global Innovation Centers are focused on creating next-generation cooling technologies for the evolving consumer market.

Innovation Initiatives:

• Aims to produce 200+ new cooling compound variations by 2027

• Major expansion in natural cooling agent capabilities underway

---

1️⃣ 10. Treatt PLC

Headquarters: Bury St. Edmunds, United Kingdom
Key Offering: Natural Cooling Ingredients, Mint Oils, and Citrus Extracts

Treatt specializes in the sourcing and refinement of natural cooling ingredients, supporting over 2,000 ingredient manufacturers and consumer goods companies worldwide. It is a leader in sustainable cooling agent supply chain management.

Innovation Initiatives:

• End-to-end natural cooling ingredient solutions for global brands

• Strategic partnerships with mint growers and botanical suppliers

Read Full Report:
Cooling Agents Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Cooling Agents Is Natural and Multifunctional

The cooling agents market is undergoing a significant transformation. While synthetic compounds still dominate in certain applications, the industry is increasingly investing in natural alternatives, biotechnological production methods, and multifunctional ingredient systems.

📈 Key Trends Shaping the Market:

• Rapid growth in plant-based cooling agent adoption in North America and Europe

• Regulatory pressure for clean-label ingredients driving natural cooling compound innovation

• Digitalization of flavor sensation prediction and formulation optimization

• Cross-industry collaborations for novel cooling applications in emerging product categories

Read Full Report:
Cooling Agents Market – View in Detailed Research Report

The companies listed above are not only supplying sensory ingredients—they’re pioneering the next generation of consumer experiences through innovative cooling technologies.