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Perfume and Essence Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
The global Perfume and Essence market was valued at US$ 30190 million in 2022 and is anticipated to reach US$ 42080 million by 2029, witnessing a CAGR of 4.8% during the forecast period 2023-2029.
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Perfume and Essence Market Share
The global market share of perfume and essence in 2019 was 63.76% and 36.24%, respectively.
The global market has a high industry concentration and is shifting to developing countries. In recent years, the combined market share of Givaudan, Firmenich, IFF and Symrise has been maintained above 50%.
The perfume and essence market is mainly used in food and drinks, daily chemicals, tobaccos and other, with market shares of 50.36%, 42.89%, 2.17% and 4.58% respectively in 2019.
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By Type
• Perfume
• Essence
By Application
• Food & Drinks
• Daily Chemicals
• Tobaccos
Key Players
Givaudan, Firmenich, IFF, Symrise, WILD Flavors, Mane, Takasago, Sensient, Robert, T.Hasegawa, Huabao International, Boton Group, Apple, NHU, Baihua Flavours and Fragrances
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