Worldwide Aroma Chemicals Industry to 2026 – Rising Demand for Natural Fragrances and Aromas is Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Aroma Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global aroma chemicals market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Aroma chemicals or odorants are a group of molecules that are used as an ingredient to add flavor and fragrance to various products. They consist of synthetic, natural and nature-identical components. The natural compounds are extracted from plants and animals, whereas the nature-identical and synthetic compounds are manufactured artificially in labs using various oils and fats. Perfumers blend specific quantities of aroma chemicals to create a perfume formula. They can also be added in baked products, candies, alcoholic and non-alcoholic beverages, and to add fragrance to cosmetics, toiletries and cleaning products. The rising demand for natural fragrances and aromas across the globe is the key factor driving the growth of the market. With the increasing disposable incomes, consumers are now more inclined toward spending on premium products for personal care, beauty, medicines and homecare, which are available in a variety of fragrances.

Furthermore, growing consumer awareness regarding the maintenance of hygiene has significantly impacted the demand for cleaning products and toiletries that use aroma chemicals as one of their key ingredients. Also, perfume manufacturers are experimenting with new synthetic fragrances to replicate the natural ones by incorporating aspects of biochemical sciences. Moreover, there is an increase in the usage of sulfur-containing compounds in perfumes as they are some of the strongest odorants that provide distinctive aromas to scents. Other factors such as the rising trend of aromatherapy for maintaining emotional and psychological wellbeing and increased focus of research and development (R&D) are also significantly contributing to the market growth.

The publisher’s latest report provides a deep insight into the global aroma chemicals market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aroma chemicals industry in any manner.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Aroma Chemicals Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Type

5.5 Market Breakup by Product

5.6 Market Breakup by Application

5.7 Market Breakup by Region

5.8 Market Forecast

6 SWOT Analysis

6.1 Overview

6.2 Strengths

6.3 Weaknesses

6.4 Opportunities

6.5 Threats

7 Value Chain Analysis

8 Porter’s Five Forces Analysis

8.1 Overview

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Degree of Competition

8.5 Threat of New Entrants

8.6 Threat of Substitutes

9 Market Breakup by Type

9.1 Natural

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Synthetic

9.2.1 Market Trends

9.2.2 Market Forecast

10 Market Breakup by Product

10.1 Benzenoids

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Musk Chemicals

10.2.1 Market Trends

10.2.2 Market Forecast

10.3 Terpenoids

10.3.1 Market Trends

10.3.2 Market Forecast

10.4 Others

10.4.1 Market Trends

10.4.2 Market Forecast

11 Market Breakup by Application

11.1 Soaps and Detergents

11.1.1 Market Trends

11.1.2 Market Forecast

11.2 Cosmetics and Toiletries

11.2.1 Market Trends

11.2.2 Market Forecast

11.3 Fine Fragrances

11.3.1 Market Trends

11.3.2 Market Forecast

11.4 Others

11.4.1 Market Trends

11.4.2 Market Forecast

12 Market Breakup by Region

12.1 Asia Pacific

12.1.1 Market Trends

12.1.2 Market Forecast

12.2 Europe

12.2.1 Market Trends

12.2.2 Market Forecast

12.3 North America

12.3.1 Market Trends

12.3.2 Market Forecast

12.4 Middle East and Africa

12.4.1 Market Trends

12.4.2 Market Forecast

12.5 Latin America

12.5.1 Market Trends

12.5.2 Market Forecast

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/q1uu8

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