Aroma Chemicals are compounds that are primarily used for incorporation of fragrance in variety of End-use products. The major source of these chemicals is from essential oil isolates and from the petrochemical industry. The various use of aroma chemicals in the end-use industries such as food and beverage, cosmetics, and pharmaceuticals is driving the growth of aroma chemicals market. However, the changing customer preferences and high cost of research and developments are a major restraint to the global aroma chemicals market.
Market Dynamics
Europe was the major market for aroma chemicals in 2022 and is expected to retain its dominance during the forecast period, expanding at a CAGR of 5.95%. Growing demand for cosmetics and processed food in the region are the major factors driving growth of aroma chemicals market. Moreover, the increased usage of these chemicals in wine fermentation, to enhance fragrance, is another factor contributing to the market growth.
Key Features of the Study:
- This report provides an in-depth analysis of the global aroma chemicals market, market size (US$ Billion), and Compound Annual Growth Rate (CAGR) (%) for the forecast period (2023–2030)
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
- It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global aroma chemicals market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
- Global aroma chemicals market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global aroma chemicals market
Detailed Segmentation:
- Global Aroma Chemicals Market, By Composition:
- Esters
- Geranyl Acetate
- Methyl Acetate
- Methyl Formate
- Methyl Propionate
- Others
- Amines
- Trimethylamine
- Cadadverine
- Pyridine
- Others
- Linear Terpenes
- Geraniol
- Myrcene
- Citronellol
- Others
- Cyclic Terpenes
- Camphor
- Menthol
- Eucalyptol
- Others
- Aromatic
- Eugenol
- Vanillin
- Anisole
- Benzaldehyde
- Others
- Global Aroma Chemicals Market, By Application:
- Cosmetic and Toiletries
- Food and Beverages products
- Home care products
- Fragrances
- Soap and Detergents
- Others
- Global Aroma Chemicals Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- North Africa
- Central Africa
- South Africa
- Company Profiles
- Agilex flavors and fragrances INC *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Aromatech flavorings INC
- Bell Flavors & Fragrances Company.
- Flavorchem Corporation
- Vigon International INC
*” marked represents similar segmentation in other categories in the respective section.
