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The global aroma chemicals market is being driven by the growing personal care and cosmetics industry, coupled with the rising consumer demand for natural products over synthetic ones. With the growing consumer awareness regarding hygiene, the demand for products like fine fragrances, room fresheners, and toiletries is increasing, which in turn, is supporting the growth of the aroma chemicals industry globally. Also, the emerging trend of aromatherapy and the growing investment in R&D by the major players will provide further impetus to the industry growth. With the rising disposable incomes and growing consumer inclination towards natural products, the industry is expected to receive a further boost. The growing manufacturing standards and implementation of strict regulations by various government authorities across the globe, favouring the use of green fragrances, is providing impetus to the industry. With the growing preference for clean labelled products among consumers, the manufacturers are focusing on certifying their products by fair trade labelling organisations. Over the forecast period, the technological advancements and new product launches are expected to further aid the growth of the global aroma chemicals market.
Aroma Chemicals Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In the forecast period of 2024-2032, the global aroma chemicals market is projected to witness a growth at a CAGR of 5.2%.
The major drivers of the market such as rising disposable incomes, increasing population, growing personal care and cosmetics industry, growing consumer awareness regarding hygiene, technological advancements, rising demand for natural and organic products, and new product launches are expected to aid the market growth.
The growing adoption of aromatherapy, the rising R&D investments, and the increasing move towards fair trade labels are the key trends defining the market growth in the coming years.
The leading regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest market share.
The major aroma types in the industry are natural and synthetic.
The major chemicals available in the industry are benzenoids, musk chemicals, and terpenoids, among others.
The leading application segments in the market are soaps and detergents, cosmetics and toiletries, and fine fragrances, among others.
The key players in the market are Bordas-SA, Emerald Kalama Chemical, and Kao Chemicals Europe. S.L., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124