Press release
Fragrance Ingredients Market Become Dominant At CAGR Of 5.78% By 2021
Fragrance ingredients are the components that are used in the products such as cosmetics, soaps, and detergents to add a pleasant fragrance to the products. Fragrance ingredients are classified as essential oils and aromatic chemicals and are produced from either natural source, such as plants, or petrochemicals or a by-product of the paper and pulp industry.
Technavios analysts forecast the global fragrance ingredients market to grow at a CAGR of 5.78% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global fragrance ingredients market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Fragrance Ingredients Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BASF
Firmenich
Givaudan
International Flavors & Fragrances
MANE
Other prominent vendors
Frutarom
Huabao International Holdings
Parfex
Symrise
Takasago International
Vigon International
Market driver
Growing demand for cosmetic products
For a full, detailed list, view our report
Market challenge
Low shelf life
For a full, detailed list, view our report
Market trend
Growing preference for natural ingredients
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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