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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Aroma Chemicals Market Size
The global aroma chemicals market witnessed a stable growth in the historical period of 2018-2023. The industry is further projected to grow at a CAGR of 5.2% over the forecast period of 2024-2032.
The global aroma chemicals market is being driven by the rising demand for natural flavours and fragrances. The industry is further supported by the growing personal care and cosmetics sector.
The growing popularity of green or natural aroma chemicals over synthetic ones is expected to aid the growth of the industry over the forecast period. The rising demand for organic products is leading manufacturers to develop products from high-quality ingredients, free from synthetic additives, which is driving the growth of this segment, and in turn, aiding the overall industry growth.
Region-wise, Europe is one of the leading markets in the industry owing to the increased consumer health awareness and rise in demand for organic and natural products in the region. Strict regulations pertaining to the use of synthetic chemicals, encouraging manufacturers to adopt green fragrances is aiding the industry in the region. Further, in developed nations like the United States, the increased regulations and enhanced manufacturing standards, aiming to prevent the utilisation of any potentially harmful chemicals in the cosmetics sector is expected to provide various growth opportunities to the industry.
Aroma Chemicals Market Report Snapshots
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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Key Questions Answered in the Report
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