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Aroma Chemicals market size is estimated to be worth US$ 5255.1 million in 2022 and is forecast to a readjusted size of US$ 7370.5 million by 2028 with a CAGR of 5.8% - Valuates reports

04-11-2023 03:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Aroma Chemicals market size is estimated to be worth US$ 5255.1

Due to the COVID-19 pandemic, the global Aroma Chemicals market size is estimated to be worth US$ 5255.1 million in 2022 and is forecast to a readjusted size of US$ 7370.5 million by 2028 with a CAGR of 5.8% during the review period.

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Aroma Chemicals
Aroma chemicals are compounds which consist of smell and odor. Aroma chemicals are an important group of organic molecules used as ingredients in Aroma Chemicals compositions. There are plenty of different molecules which use in production of Aroma Chemicals compositions, of which synthetic ingredients play a major part as components due to their current availability and relatively lower cost as compared with natural molecules. They are also known as aroma, fragrance and odorant among others. Any chemical compound is said to have odor or smell only if it is sufficiently volatile to reach the olfactory system in the upper part of the nose.

They are also known as aroma, fragrance and odorant among others. Any chemical compound is said to have odor or smell only if it is sufficiently volatile to reach the olfactory system in the upper part of the nose.

Aroma Chemicals Market Analysis and Insights
Global Aroma Chemicals key players include BASF, Solvay, Kao, Takasago, Bell Flavors and Fragrances, etc. Global top five manufacturers hold a share over 20%.

Asia-Pacific is the largest market, with a share over 30%, followed by Europe, and North America, both have a share about 50 percent.

In terms of product, Synthetic Aroma Chemicals is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Foods and Beverages, followed by Personal and Household Care, Cosmetics, etc.

In terms of production side, this report researches the Aroma Chemicals capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Aroma Chemicals by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Aroma Chemicals Market Segment By Type
➣Natural Aroma Chemicals
Synthetic Aroma Chemicals

Aroma Chemicals Market Segment By Application
➣Foods and Beverages
➣Cosmetics
➣Personal and Household Care
➣Others

By Region
➣North America
➣U.S.
➣Canada
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic
➣Rest of Europe
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣Southeast Asia
➣India
➣Australia
➣Rest of Asia
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

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