The India aroma chemicals market reached a value of US$ 235.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 355.5 Million by 2027, exhibiting a CAGR of 6.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Aroma chemicals, or odorants, refer to chemical compounds that are volatile in nature and can travel through the olfactory system, causing the odor. These compounds range from extremely strong to light notes and help activate receptors in the nose, alerting the brain about the presence of an aroma. Aroma chemicals are extensively used in food, wine, spices, essential oils, perfumes, and fragrance oils.
India represents one of the leading consumers and exporters of aroma chemicals in the Asia Pacific region. Various types of chemical aromatics, such as benzene and toluene, are used to enhance the flavor of food and beverages, thereby making them more appealing to consumers. Apart from this, these compounds play a crucial role for people suffering from neurological disorders, such as dementia or Alzheimer’s disease. Essential aromatic compounds also support the immune system, enhance cellular health, promote normal inflammatory responses, reduce the appearance of scars and rejuvenate the skin. Besides, the use of aroma oils in workplaces acts as a mood enhancer for the employees and leads to a rise in productivity levels. Furthermore, growing awareness about the harmful effects of chemical additives has encouraged consumers to opt for organic and natural fragrances that are free of synthetic chemicals. As a result, aroma chemical manufacturers are adopting innovative and cleaner technologies, such as supercritical fluid extraction that uses carbon dioxide under high pressure to extract essential oils, and the microwave-assisted extraction technique, which is an automated green extraction technology.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India aroma chemicals market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type, product and application.
Breakup by Type:
Breakup by Product:
- Musk Chemicals
Breakup by Application:
- Soaps and Detergents
- Cosmetics and Toiletries
- Fine Fragrances
Breakup by Region:
- North India
- West and Central India
- South India
- East India
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||Type, Product, Application, Region
||North India, West and Central India, South India, East India
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Key Questions Answered in This Report:
- How has the India aroma chemicals market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India aroma chemicals market?
- What are the key regional markets?
- 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 industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India aroma chemicals market and who are the key players?
- What is the degree of competition in the industry?