The India aroma chemicals market size reached US$ 251.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 378.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
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 report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on type, product and application.
Breakup by Type:
Breakup by Product:
Breakup by Application:
Soaps and Detergents
Cosmetics and Toiletries
Breakup by Region:
West and Central 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
The India aroma chemicals market was valued at US$ 251.9 Million in 2022.
We expect the India aroma chemicals market to exhibit a CAGR of 6.3% during 2023-2028.
The growing consumer awareness regarding the harmful effects of chemical additives, along with the increasing demand for organic and natural fragrances that are free from synthetic chemicals, is primarily driving the India aroma chemicals market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of numerous production activities for aroma chemicals.
Based on the type, the India aroma chemicals market can be segmented into natural and synthetic. Currently, synthetic holds the majority of the total market share.
Based on the product, the India aroma chemicals market has been divided into benzenoids, musk chemicals, terpenoids, and others. Among these, terpenoids currently exhibit a clear dominance in the market.
Based on the application, the India aroma chemicals market can be categorized into soaps and detergents, cosmetics and toiletries, fine fragrances, and others. Currently, soaps and detergents account for the largest market share.
On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where West and Central India currently dominates the India aroma chemicals market.
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