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Aroma Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global aroma chemicals market is expected to grow at a CAGR of around 5% during 2019-2024. Aroma chemicals or odorants are a group of molecules that are used as an ingredient to add flavor and fragrance to various products. They consist of synthetic, natural and nature-identical components. The natural compounds are extracted from plants and animals, whereas the nature-identical and synthetic compounds are manufactured artificially in labs using various oils and fats. Perfumers blend specific quantities of aroma chemicals to create a perfume formula. They can also be added in baked products, candies, alcoholic and non-alcoholic beverages, and to add fragrance to cosmetics, toiletries and cleaning products.

Global Aroma Chemicals Market Report

The rising demand for natural fragrances and aromas across the globe is the key factor driving the growth of the market. With the increasing disposable incomes, consumers are now more inclined toward spending on premium products for personal care, beauty, medicines and homecare, which are available in a variety of fragrances. Furthermore, growing consumer awareness regarding the maintenance of hygiene has significantly impacted the demand for cleaning products and toiletries that use aroma chemicals as one of their key ingredients. Also, perfume manufacturers are experimenting with new synthetic fragrances to replicate the natural ones by incorporating aspects of biochemical sciences. Moreover, there is an increase in the usage of sulfur-containing compounds in perfumes as they are some of the strongest odorants that provide distinctive aromas to scents. Other factors such as the rising trend of aromatherapy for maintaining emotional and psychological wellbeing and increased focus of research and development (R&D) are also significantly contributing to the market growth.

IMARC Group’s latest report provides a deep insight into the global aroma chemicals market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aroma chemicals industry in any manner.

Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Type:
    • Natural
    • Synthetic
       
  • Market Breakup by Product:
    • Benzenoids
    • Musk Chemicals
    • Terpenoids
    • Others
       
  • Market Breakup by Application:
    • Soaps and Detergents
    • Cosmetics and Toiletries
    • Fine Fragrances
    • Others
       
  • Market Breakup by Region:
    • Asia Pacific
    • Europe
    • North America
    • Middle East and Africa
    • Latin America
       

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the major players operating in the industry.

Key Questions Answered in This Report:

  • How has the global aroma chemicals market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global aroma chemicals industry?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the global aroma chemicals industry?
  • What are the key driving factors and challenges in the global aroma chemicals industry?
  • What is the structure of the global aroma chemicals industry and who are the key players?
  • What is the degree of competition in the global aroma chemicals industry?

1      Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Aroma Chemicals Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Breakup by Type
    5.4    Market Breakup by Product
    5.5    Market Breakup by Application
    5.6    Market Breakup by Region
    5.7    Market Forecast
6    SWOT Analysis
    6.1    Overview
    6.2    Strengths
    6.3    Weaknesses
    6.4    Opportunities
    6.5    Threats
7    Value Chain Analysis
8    Porter’s Five Forces Analysis

    8.1    Overview
    8.2    Bargaining Power of Buyers
    8.3    Bargaining Power of Suppliers
    8.4    Degree of Competition
    8.5    Threat of New Entrants
    8.6    Threat of Substitutes
9    Market Breakup by Type
    9.1    Natural
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Synthetic
        9.2.1    Market Trends
        9.2.2    Market Forecast
10    Market Breakup by Product
    10.1    Benzenoids
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Musk Chemicals
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Terpenoids
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Others
        10.4.1    Market Trends
        10.4.2    Market Forecast
11    Market Breakup by Application
    11.1    Soaps and Detergents
        11.1.1    Market Trends
        11.1.2    Market Forecast
    11.2    Cosmetics and Toiletries
        11.2.1    Market Trends
        11.2.2    Market Forecast
    11.3    Fine Fragrances
        11.3.1    Market Trends
        11.3.2    Market Forecast
    11.4    Others
        11.4.1    Market Trends
        11.4.2    Market Forecast
12    Market Breakup by Region
    12.1    Asia Pacific
        12.1.1    Market Trends
        12.1.2    Market Forecast
    12.2    Europe
        12.2.1    Market Trends
        12.2.2    Market Forecast
    12.3    North America
        12.3.1    Market Trends
        12.3.2    Market Forecast
    12.4    Middle East and Africa
        12.4.1    Market Trends
        12.4.2    Market Forecast
    12.5    Latin America
        12.5.1    Market Trends
        12.5.2    Market Forecast
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: Global: Aroma Chemicals Market: Major Drivers and Challenges
Figure 2: Global: Aroma Chemicals Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: Aroma Chemicals Market: Breakup by Type (in %), 2018
Figure 4: Global: Aroma Chemicals Market: Breakup by Product (in %), 2018
Figure 5: Global: Aroma Chemicals Market: Breakup by Application (in %), 2018
Figure 6: Global: Aroma Chemicals Market: Breakup by Region (in %), 2018
Figure 7: Global: Aroma Chemicals Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Aroma Chemicals Industry: SWOT Analysis
Figure 9: Global: Aroma Chemicals Industry: Value Chain Analysis
Figure 10: Global: Aroma Chemicals Industry: Porter’s Five Forces Analysis
Figure 11: Global: Aroma Chemicals (Natural) Market: Sales Value (in Million US$), 2013 & 2018
Figure 12: Global: Aroma Chemicals (Natural) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Aroma Chemicals (Synthetic) Market: Sales Value (in Million US$), 2013 & 2018
Figure 14: Global: Aroma Chemicals (Synthetic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Aroma Chemicals (Benzenoids) Market: Sales Value (in Million US$), 2013 & 2018
Figure 16: Global: Aroma Chemicals (Benzenoids) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Aroma Chemicals (Musk Chemicals) Market: Sales Value (in Million US$), 2013 & 2018
Figure 18: Global: Aroma Chemicals (Musk Chemicals) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Aroma Chemicals (Terpenoids) Market: Sales Value (in Million US$), 2013 & 2018
Figure 20: Global: Aroma Chemicals (Terpenoids) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Aroma Chemicals (Other Products) Market: Sales Value (in Million US$), 2013 & 2018
Figure 22: Global: Aroma Chemicals (Other Products) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Aroma Chemicals (Soaps and Detergents) Market: Sales Value (in Million US$), 2013 & 2018
Figure 24: Global: Aroma Chemicals (Soaps and Detergents) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Aroma Chemicals (Cosmetics and Toiletries) Market: Sales Value (in Million US$), 2013 & 2018
Figure 26: Global: Aroma Chemicals (Cosmetics and Toiletries) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Aroma Chemicals (Fine Fragrances) Market: Sales Value (in Million US$), 2013 & 2018
Figure 28: Global: Aroma Chemicals (Fine Fragrances) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Aroma Chemicals (Other Applications) Market: Sales Value (in Million US$), 2013 & 2018
Figure 30: Global: Aroma Chemicals (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Asia Pacific: Aroma Chemicals Market: Sales Value (in Million US$), 2013 & 2018
Figure 32: Asia Pacific: Aroma Chemicals Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Europe: Aroma Chemicals Market: Sales Value (in Million US$), 2013 & 2018
Figure 34: Europe: Aroma Chemicals Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: North America: Aroma Chemicals Market: Sales Value (in Million US$), 2013 & 2018
Figure 36: North America: Aroma Chemicals Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Middle East and Africa: Aroma Chemicals Market: Sales Value (in Million US$), 2013 & 2018
Figure 38: Middle East and Africa: Aroma Chemicals Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Latin America: Aroma Chemicals Market: Sales Value (in Million US$), 2013 & 2018
Figure 40: Latin America: Aroma Chemicals Market Forecast: Sales Value (in Million US$), 2019-2024

List of Tables

Table 1: Global: Aroma Chemicals Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Aroma Chemicals Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Aroma Chemicals Market Forecast: Breakup by Product (in Million US$), 2019-2024
Table 4: Global: Aroma Chemicals Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 5: Global: Aroma Chemicals Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Aroma Chemicals Market Structure
Table 7: Global: Aroma Chemicals Market: Key Players

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