According to our (Global Info Research) latest study, the global Tonka Bean Oil market size was valued at US$ 832 million in 2025 and is forecast to a readjusted size of US$ 1203 million by 2032 with a CAGR of 5.5% during review period.
Global sales of tonka bean oil reached 375 tons in 2025, with an average price of US$2,153 per kilogram.
Tonka bean oil is extracted from the seed of Dipteryx odorata. The oil is composed primarily of coumarin, which is used to flavor tobacco. ... The seeds contain up to 46% oil by dry weight. In recent years, most commercially produced coumarin are synthetic, which has reduced the demand for tonka beans as a crop.
The sole raw material for tonka bean oil is the mature seeds of *Dipteryx odorata* (commonly known as tonka bean). After harvesting, the beans need to be soaked in rum or alcohol for 12–24 hours, followed by slow drying and fermentation to precipitate coumarin crystals, thus making them extractable. This process is time-consuming and has high losses, with raw bean costs accounting for 60–65% of the ex-factory price. The processing involves solvent extraction or supercritical CO₂ extraction, along with low-temperature dewaxing, filtration, and short-path distillation. Energy consumption, solvent recovery, and testing account for approximately 25–30% of the total cost; therefore, a 10% fluctuation in raw material prices can be directly reflected in the finished product price.
This report is a detailed and comprehensive analysis for global Tonka Bean Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Tonka Bean Oil market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Tonka Bean Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Tonka Bean Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2021-2032
Global Tonka Bean Oil market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tonka Bean Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tonka Bean Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HBNO, Berje, Elixens, Ernesto Ventos, Robertet Group, Luxaroma, The Good Scents Company, Aethon International LLP, Anhui Jinpeng, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Tonka Bean Oil market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Compound Essential Oil
Unilateral Essential Oil
Market segment by Extraction Methods
Solvent Extraction
Supercritical CO₂
Market segment by Coumarin Content
50%
70%
90%
Market segment by Application
Perfume & Daily Chemicals
Food & Beverages
Tobacco
Pharmaceuticals
Others
Major players covered
HBNO
Berje
Elixens
Ernesto Ventos
Robertet Group
Luxaroma
The Good Scents Company
Aethon International LLP
Anhui Jinpeng
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tonka Bean Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tonka Bean Oil, with price, sales quantity, revenue, and global market share of Tonka Bean Oil from 2021 to 2026.
Chapter 3, the Tonka Bean Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tonka Bean Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Tonka Bean Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tonka Bean Oil.
Chapter 14 and 15, to describe Tonka Bean Oil sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Tonka Bean Oil. Industry analysis & Market Report on Tonka Bean Oil is a syndicated market report, published as Global Tonka Bean Oil Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Tonka Bean Oil market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.