Material Insights · Understanding the Material World

Flavours and fragrances: Feedstocks

How mint fields and pine pulp feed the perfume industry

What this tab covers What it is made from and what it feeds: the raw materials and energy per tonne with their share of cost (linked to the commodity table), who is low-cost and why, and the chemicals made from it.

Synthetic aroma chemicals come from petrochemicals (benzene, toluene, phenol, isoprene) and from crude sulphate turpentine, a by-product of pine pulping. Naturals come from crops whose prices swing with weather. Raw materials were about 56% of Givaudan's sales in 2025, so supply security and pass-through decide margins.

Inputs per tonne

InputQuantity per tonneRoleShare of costSource
Oil Crude oilnot publishedbuilding blocks for synthetic aroma chemicalsnot publishedindicative
Pp Pepper & spicesnot publishedessential oils, oleoresins, natural mentholnot publishedspices tile
OJ Oranges & juicenot publishedcitrus flavours and fragrances; solventnot publishedorange tile
Tm Timbernot publishedpinene to terpene aroma chemicalsnot publishedindicative
Su Sugarnot publishedbiotech aroma moleculesnot publishedindicative

Who is low-cost, and why

For aroma chemicals, Chinese and Indian producers with integrated intermediates and low capital cost are lowest cost and gained share in 2025 (Givaudan). For naturals, cost is set by farm output in India (mint), Madagascar (vanilla), Brazil and the US (citrus).

Raw materials on the commodity table

Oil Crude oilPp Pepper & spices