The report “Aroma Ingredients Market for Personal Care Industry by Type (Synthetic Ingredients, Natural Ingredients), Application (Fine Fragrances, Toiletries, and Cosmetics), and Region (APAC, Europe, North America) – Global Forecast to 2023″, The aroma ingredients market is projected to grow from USD 2.27 billion in 2018 to USD 2.83 billion by 2023, at a CAGR of 4.5% between 2018 and 2023. The increasing demand for personal care products, coupled with the change in lifestyles and consumer preferences is expected to drive the growth of the aroma ingredients market during the forecast period.
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Objectives of this Study on the aroma ingredients market are as follows:
To analyze and forecast the size of the aroma ingredients market, in terms of value
To provide detailed information regarding the major factors, such as drivers, restraints, and opportunities influencing the growth of the aroma ingredients market
To define, describe, and forecast the aroma ingredients market based on type, application, and region
To forecast sizes of different segments of the market in 5 major regions, namely, APAC, Europe, North America, the Middle East & Africa, and South America and their respective key countries
To analyze the markets with respect to individual growth trends, prospects, and their contribution to the overall aroma ingredients market
To analyze opportunities in the aroma ingredients market for stakeholders by identifying the high-growth segments of the market
To track and analyze competitive developments, such as acquisitions, new product launches, agreements, and expansions in the aroma ingredients market
To strategically profile the key players operating in the aroma ingredients market and comprehensively analyze their growth strategies
The key market players profiled in this report include Symrise (Germany), Takasago International Corporation (Japan), Sensient Technologies Corporation (US), MANE (France), Robertet SA (France), T. Hasegawa Co., Ltd. (Japan), Frutarom (Israel), Givaudan (Switzerland), Firmenich SA (Switzerland), and International Flavors & Fragrances Inc. (US).
The Target Audiences for the aroma ingredients market report are:
Manufacturers of Aroma Ingredients
Raw Material Suppliers
Investment Banks
Distributors of Aroma Ingredients
Government Bodies
The aroma ingredients market has been studied for 5 regions, namely, APAC, North America, Europe, the Middle East & Africa, and South America. The European region is projected to be the largest market for aroma ingredients during the forecast period due to the strong foothold of manufacturers of personal care products in the region. Aroma ingredients are the key compounds used in the formulation of various personal care products. The European region is also home for the leading manufacturers of aroma ingredients. The major countries driving the growth of the aroma ingredients market in the European region are France, Germany, Italy, and UK.
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