Press release
Aroma Ingredients Market in 2026 : Competitive Analysis and Industry Forecast | At a CAGR of 4.6% During 2019-2026
Increase in demand for consumer care and personal care products and rise in consumer inclination toward therapeutic uses of aroma ingredients have propelled the growth of the global aroma ingredients industry. However, strict government regulation related to use of aroma ingredients, high price & short shelf life of natural aroma ingredients, and harmful effects of synthetic aroma ingredients impede the global aroma ingredients market growth.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.alliedmarketresearch.com/request-sample/5641
On the other hand, product innovation by the perfumery industry and cosmetic manufacturers and increase in consumer preference for natural and bio-based aroma ingredients are anticipated to create lucrative opportunities in the near future.
The global aroma ingredients market is segmented based on type, application, and region. Based on type, the market is categorized into synthetic ingredients and natural ingredients. The natural ingredients segment is projected to register the fastest CAGR of 5.2% during the forecast period. However, the synthetic ingredients segment held the largest share in 2018, accounting for nearly three-fifths of the global aroma ingredients market.
Based on application, the market is segmented into homecare, personal care, fine fragrances and perfumes, others. The homecare segment held the largest share in 2018, contributing nearly half of the global aroma ingredients market. However, fine fragrances & perfumes segment is estimated to portray the fastest CAGR of 5.2% through 2026.
Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region is expected to register the fastest CAGR of 5.2% during the forecast period.At the same time, the market across Europe held the largest share in 2018, accounting for around one-third of the total market share.
The report involves in-depth study of key market players operating in the aroma ingredients market such as
Firmenich SA
International Flavors & Fragrances Inc. (IFF)
Robertet SA
S H Kelkar and Company Limited
Sensient Technologies Corporation
Givaudan
Symrise
T. Hasegawa Co., Ltd.
Takasago International Corporation
BASF SE
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ซ๐จ๐ฆ๐ ๐๐ง๐ ๐ซ๐๐๐ข๐ซ๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/purchase-enquiry/5641
Key Findings of the Aroma Ingredients Market:
In 2018, based on type, the natural segment accounted for around 41% of the aroma ingredients market share, registering a CAGR of 5.2% from 2019 to 2026.
The homecare segment garnered a share of 49%, and is expected to growth at the highest CAGR of 4.4%.
By application, personal care and fine fragrances & perfumes are anticipated to grow at significant CAGRs of 4.9% and 5.2%, respectively.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ https://www.alliedmarketresearch.com/aroma-ingredients-market
๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ :-
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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