DUBLIN--(BUSINESS WIRE)--The "Aroma Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
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.
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.
This 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.
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?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
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
4.2 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
7 Value Chain Analysis
8 Porter's Five Forces Analysis
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
10 Market Breakup by Product
10.2 Musk Chemicals
11 Market Breakup by Application
11.1 Soaps and Detergents
11.2 Cosmetics and Toiletries
11.3 Fine Fragrances
12 Market Breakup by Region
12.1 Asia Pacific
12.3 North America
12.4 Middle East and Africa
12.5 Latin America
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/yqbjbb