Global Aroma Chemicals Market Segments 2024, Forecast To 2033
5 Mar, 2024
The aroma chemicals market demonstrated robust growth, rising from $5.75 billion in 2023 to $6.17 billion in 2024, achieving a 7.2% CAGR. Historical factors included the fragrance and flavors industry, consumer preference for natural ingredients, and increased demand for personal care products. The market is forecasted to reach $8.1 billion in 2028, driven by sustainability practices and rising consumer awareness.
Global Aroma Chemicals Market Key Driver
The aroma chemicals market is expected to grow with the rising demand for cosmetics and personal care products. Chemicals used in cosmetics and personal care items play a vital role in enhancing appearance and cleanliness. The sales of skincare products increased by 13%, indicating a growing consumer demand. Aroma chemicals are prominently used in the formulation of beauty products, flavors, and fragrances. The increasing demand for cosmetics and personal care items contributes to the growth of the aroma chemicals market.
Get A Free Sample Of The Global Aroma Chemicals Market ReportGlobal Aroma Chemicals Market Segments
The aroma chemicals market covered in this report is segmented –
1) By Product: Benzenoids, Terpenoids, Musk Chemicals, Other Products
2) By Source: Natural, Synthetic, Natural-identical
3) By Application: Food And Beverages, Fine Fragrances, Cosmetics And Toiletries, Soaps And Detergents, Other Applications
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the aroma chemicals market in 2023. The regions covered in the aroma chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Aroma Chemicals Industry Players
BASF SE; Solvay S.A.; Takasago International Corporation; Kao Corporation; Hindustan Mint And Agro Products Pvt. Ltd.; Givaudan; Privi Speciality Chemicals Limited; SymriseAG; Robertet SA; International Flavors And Fragrances Inc.; Treatt PLC; Firmenich SA; Bell Flavors & Fragrances; Cedarome Canada Inc.; Eternis Fine Chemicals Ltd.; Sensient Technologies; Frutarom; Mane; T. Hasegawa; Shandong Yingyang Flavors & Fragrance Co.Ltd.; Huabao International Holdings; Jiaxing Wintrust Flavours; CPL Aromas; Silverline Chemicals; Vigon International; Alpha Aromatics; Grupo Indukern S.L.; Veera Fragrances; TFF Group; Wild Flavors Inc.; Berjé Inc.; Zhejiang Newfine Industry Co. Ltd.; The Lebermuth Co. Inc.; Synerzine; Triveni Aromatics and Perfumery
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AIOps Aroma Chemicals Market Overview
Aroma chemicals refer to natural or artificial chemical compounds that chemical substances that impart an enticing fragrance and odor. They are frequently very volatile, whose main function is to impart flavor or aroma. Aroma compounds are created in chemical reactors using synthetic starting materials and go through a significant chemical transition.
Aroma Chemicals Global Market Report 2023 provides data on the global aroma chemicals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The aroma chemicals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.