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Aroma Ingredients Market could be worth 5376.90 million by 2028,says Premium Market Insights

11-08-2024 12:25 PM CET | Chemicals & Materials

Press release from: Premium Market Insights

The aroma ingredients market was valued at US$ 5376.90 million in 2021 and is projected to reach US$ 7692.62 million by 2028; it is expected to grow at a CAGR of 5.2% from 2021 to 2028.Aroma Ingredients Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Synthetic and Natural) and Application (Air Care, Cleaning and Sanitization, Personal Care and Cosmetics, Fine Fragrances and Perfumes, and Others)

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Competitive Landscape: Aroma Ingredients Market:
Aroma ingredients are basically isolates of naturally sourced ingredients or chemically produced and are used as ingredients to add aromas or fragrance to various cosmetic and personal care products.Based on product type, the global aroma ingredients market is segmented into natural and synthetic. In 2020, the synthetic segment led the aroma ingredient market. Synthetic aroma ingredients are long-lasting and complex aroma ingredients that are formulated to imitate the aromas found in nature. They are produced at a very low-cost using petroleum and aromatic compound.The aroma ingredients market, based on geography, is segmented into North America, Europe, Asia Pacific (APAC), South and Central America , and the Middle East and Africa (MEA). In 2020, Asia-Pacific dominated the market. The changing lifestyle of consumers and rising urbanization propelled the demand for personal care and cosmetic products which has led to an increased demand for aroma ingredients. Along with this, the increased application of aroma ingredients in the fine fragrance as well as the food and beverage industry across the region is driving the demand for aroma ingredients.

Takasago International Corporation
BASF SE
Firmenich S.A.
Givaudan S.A.
International Flavors & Fragrances Inc.
Robertet Group
Symrise
Mane
Zhejiang NHU Co., Ltd.
Phoenix Aromas & Essential Oils, LLC.
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Chapter Details of Aroma Ingredients Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Aroma Ingredients Market Landscape
Part 04: Aroma Ingredients Market Sizing
Part 05: Aroma Ingredients Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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