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Aroma Ingredients Market Report
Aroma Ingredients Market Size, Share, Trend, Forecast, & Industry Analysis
The Aroma Ingredients Market is segmented by Type (Synthetic Ingredients, Natural Ingredients), by Application Type (Fine Fragrances, Toiletries, and Cosmetics), and by Region (North America, Europe, As...
Aroma ingredients market is likely to witness an impressive CAGR of 5.2% during the forecast period. Factors such as, increasing demand for personal care products and variations in lifestyles and consumer penchants are estimated to underpin the growth of the global aroma ingredients market during the forecast period.
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Aroma Ingredients Market - Snapshot |
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Growth |
5.2% for the next five years |
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Major Type |
Synthetic ingredients |
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Dominant Application Type |
Fine fragrances |
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Regions with the highest demand |
Europe |
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Key Players |
Bel Flavors & Fragrances, Huabao International holdings, Kao Corporation Ogawa & Co. Ltd., Robertet SA, Solvay SA, S H Kelkar and Company Limited, Sensient Technologies Corporation, T. Hasegawa Co. Ltd., and Takasago International Corporation. |
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Based on the type, the market is segmented as synthetic ingredients and natural ingredients. The synthetic ingredients segment is estimated to lead the market in the coming five years. The growth is attributed to the viable cost of synthetic ingredients, easy obtainability, and steadiness in quality.
Based on the application type, the market is segmented as fine fragrances, toiletries, and cosmetics. The fine fragrances segment is expected to lead the market during the forecast period. Fine fragrance is a terminology used for products thinned with alcohol and comprise a high concentration of aroma ingredients. Fine fragrances include prime application areas, such as colognes, perfumes, body mists, and deodorants. Aroma constituents are the major components employed in the formulation of fine fragrances. Thus, the growing demand for colognes, perfumes, deodorants, and body mists across the world is estimated to boost the demand for aroma ingredients in the fine fragrances application segment during the forecast period.
In terms of regions, the European region is estimated to be the largest market for the aroma ingredients market across the globe owing to the presence of leading manufacturing giants of aroma ingredients and personal care products in the coming five years. The major countries bolstering the growth of the European aroma ingredients market are France, Germany, Italy, and the UK. Further, the European perfume industry is exceedingly innovative. Thus, these manufacturers yield a wide range of fragrances, which generate a high demand for aroma ingredients in the region. Asia-Pacific and North America are also expected to offer substantial growth opportunities during the forecast period.
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Aroma ingredients are mainly chemical compounds with fragrance or smell. Such compounds are highly volatile in nature and can be easily sensed by the olfactory system that is located in the nose.
Aroma ingredients can be natural or can be also synthetic. They are used mostly in fine fragrances and also in a number of other products such as different toiletries, cosmetic products, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Aroma Ingredients Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The aroma ingredients market is segmented into the following categories.
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Some of the major players in the aroma ingredients market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The aroma ingredients market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.
Bel Flavors & Fragrances, Huabao International Holdings, Kao Corporation, Ogawa & Co., Ltd, Robertet SA, Solvay SA, S H Kelkar and Company Limited, Sensient Technologies Corporation, T. Hasegawa Co., Ltd., Takasago International Corporation are among the key players in the aroma ingredients market.
European region is estimated to be the largest market for the aroma ingredients during the next five years.
The fine fragrances segment is expected to lead the aroma ingredients market in the coming years.
The synthetic ingredients segment is expected to lead the aroma ingredients market during the next five years.
The fine fragrances segment is expected to lead the aroma ingredients market in the coming years.
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