MarketResearch.biz announces publication of its most recently generated research report titled, “Global Aroma Chemicals Market By Product Type (Synthetic Aroma Chemicals, Natural Aroma Chemicals) By Application (Food and Beverages, Cosmetics, Personal and Household Care Products) and Region – Global Forecast 2026”, which offers a holistic view of the global aroma chemicals market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2019–2023) is projected to be approximately US$ 47 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.
Aromatic chemicals are cyclic compounds, planer in nature, with pi-electron conjugated system and finds application in additives and fragrances. Aromatic compounds display additional stability owing to delocalized pi-electron. Aromatic chemical has distinct aroma with high C- ratio as compared to aliphatic chemical compounds, owing to which black sooty flame appears while burning.
Browse the full “Aroma Chemicals Market By Product Type (Synthetic Aroma Chemicals, Natural Aroma Chemicals) By Application (Food and Beverages, Cosmetics, Personal and Household Care Products) and Region – Global Forecast 2026” report at https://marketresearch.biz/report/aroma-chemicals-market/
Global Aroma Chemicals Market: Dynamics
Key factor expected to drive growth of the global aroma chemicals market is increasing demand for flavors and additives from food & beverages industry. Aroma chemicals are used in the production of flavors and additives as they have distinct aroma which helps in improving taste and essence of food, and also makes food attractive and appealing to customers. In addition, increasing demand for aroma chemicals from the fragrance industry for production of perfumes, deodorant, and oils is also augmenting growth of the global aroma chemicals market, and is expected to continue with its dominance over the forecast period. In addition, it is used in the production of cosmetics which is among the major factors driving growth of the global aroma chemicals market.
Stringent regulations by government of various countries is expected to slow down new product innovation, which in turn may affect growth of the global market over the forecast period.
Global Aroma Chemicals Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global aroma chemicals market based on factors affecting the market and their impact in the foreseeable future. According to the projections, revenue from the global aroma chemicals market is expected to expand at a CAGR of 8.5% over the forecast period.
Global Aroma Chemicals Market: Segment Snapshot
The market report has been segmented on the basis of type, application, and region/country. The type segment includes natural aroma chemicals and synthetic aroma chemicals. The application segment includes food & beverages, cosmetics, and personal and household care products. The regions/countries covered in the analysis includes US, Europe, Japan, China, India, Southeast Asia, South America, South Africa and Rest of the World.
By Type: The natural aroma chemicals segment is expected to register highest CAGR of over 8%. In 2018, the synthetic aroma chemicals segment accounted for highest revenue share contribution in the global market.
By Application: The cosmetics segment is expected to register highest CAGR of over 8.5%. The food & beverages segment accounted for highest revenue share contribution as compared to other application segments in 2018.
By Region/Country: The China market is expected to register highest CAGR of approximately 8.7%. The market in Europe accounted for highest revenue share in the global aroma chemicals market in 2018.
Global Aroma Chemicals Market: Competitive Analysis
The research report on the global aroma chemicals market include profiles of some of major companies such BASF SE, Agilex Flavors and Fragrances, Inc., Aromatech Flavorings, Inc., Bell Flavors & Fragrances GmbH company, Flavorchem Corporation, Vigon International, Inc., Silverline Chemicals Ltd, Hindustan Mint and Agro Products Private Limited, S. Chemicals, LLC, Takasago International Corporation.
The Global Aroma Chemicals Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global aroma chemicals market for 2018–2028.
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