Aroma Chemicals Market
Aroma Chemicals Market Forecast Analysis, By Application (Soaps & Detergents, Cosmetics & Toiletries, Others), By Compound (Alcohol-based, Acids-based, Esters-based, Aldehydes–based Aroma Chemicals, Others), By Source (Natural, Synthetic), By Type & Region - Global Market Insights 2022 to 2032
Analysis of Aroma Chemicals Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aroma Chemicals Market Growth Outlook (2022 to 2032)
The aroma chemicals market reached a valuation of US$ 5.11 Billion by 2021, and is likely to register a Y-o-Y growth rate of 1.0% in 2022, closing at US$ 5.21 Billion. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a whopping 4.7% CAGR, reaching US$ 8.11 Billion.
Increased use of flavors and fragrances in the soaps, detergents, cosmetics, as well as food and beverage industries is credited with driving the expansion of the global aroma chemicals market.
Due to the expanding application potential in important end-use industries like cosmetics and personal care products, dairy, soaps and detergents, processed food, fine fragrances, bakery foods, as well as confectionery, the demand for aroma chemicals is rising. The main factors propelling the industry's growth include rising demand for beverages with fewer calories and expansion of the beverage market.
Since flavors play a significant role in how edible products taste and smell, the aroma chemicals are used to enhance the flavor of beverages along with processed foods. The rise of natural aroma chemicals is being fueled by the rising demand for healthy and wellness foods, ban on the usage of some synthetic flavors.
The main factors influencing market growth are the appropriateness of natural flavors in a wider range of applications, increased health advantages of specific natural flavors, and cutting-edge technological innovation.
| Report Attributes | Details |
|---|---|
| Market Size in 2021 | US$ 5.11 Billion |
| Market Value in 2022 | US$ 5.21 Billion |
| Projected Forecast Value (2032) | US$ 8.11 Billion |
| Global Growth Rate (2022 to 2032) | 4.7% CAGR |
| Expected Growth Rate of the Asia Pacific (2022 to 2032) | 6.1% CAGR |
| Anticipated Growth Rate of North America (2022 to 2032) | 5.6% CAGR |
| Key Companies Analysis | Kelkar Group; BASF SE; Hindustan Mint and Agro Products; Solvay; Symrise AG; Robertet; Kao Corporation,; Privi Organics Ltd.; Kalpa Sutra Chemicals,; Bell Flavors & Fragrances |
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2017 to 2021 Revenue Analysis of Aroma Chemicals Market vs. Growth Outlook 2022 to 2032
According to Fact.MR’s report,Aroma Chemicals demand exhibited a CAGR of over 5.1% from 2017 to 2021.
Compositions for fragrances have been made using about 3000 different kinds of molecules. The aroma chemicals are employed in a wide range of products, the most popular of which are cosmetics, fine fragrance and toiletries.
They also have been employed historically as odorizers to give dangerous, odorless substances like propane, natural gas, and others a pleasant scent.
Increasing consumer expenditure and growing preference from the fragrance as well as food and beverage industries will both contribute to an increase in the market's overall size over the projected time frame (2022 to 2032).
Key Market Drivers Influencing Aroma Chemicals Industry Expansion
Global Expansion of Cosmetics Industry to Fuel the Market Growth
The growing demand for personal care products items like facemasks, creams, peels, and others as a result of their widespread use by both men as well as women will accelerate the growth of the cosmetics industry. The change toward organic and natural cosmetics has opened up new opportunities due to changes in lifestyle choices and an increase in per-capita disposable cash. Consumers ’ interest in various high-end and novel cosmetic products has risen as a result of rapid urbanization and booming e-commerce.
Cosmetics and toiletries like aftershaves, gels, lipsticks, foundations, moisturizers, body and hand washes, soaps, body lotions, shampoos, and other items frequently contain aroma chemicals. These substances are used to create natural scents in these product lines without degrading their quality or formulation. Significant cosmetic producers are launching innovative products with natural ingredients because cosmetics have become an essential part of people's lives. This is boosting their sales worldwide and fueling the market's expansion.
Technological Advancements in the Manufacturing Process to Propel Market Growth Prospects
Rapid development in the chemical industry, coupled with the availability of raw materials, is increasing the demand for technological advancements in sectors such as food and beverage, cosmetics, and personal care. Thus, the increasing development in technologies used in the chemicals industry is boosting the manufacturing capabilities of aroma chemicals. Thus, the advancement in technology is creating an opportunity to grow the global aroma chemicals market.
Additionally, businesses are creating and implementing more environmentally friendly and cleaner extracting technologies. For example, Privi Speciality Chemicals Limited uses waste recycling and emission reduction as part of its production processes. In order to reduce waste and increase profits, the firm utilizes high-value chemicals of fragrance from Crude Sulphate Turpentine (CST) and agrochemicals from the by-products.
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Key Challenges encountered by Aroma Chemicals Industry
High Cost Associated with Research & Development to Hinder the Market Growth
The main factors which are predicted to hinder the growth of the Aroma Chemicals Market in the forecast period include high research and development costs and strict restrictions placed on production for aroma chemicals.
Usage of Synthetic Chemicals in Perfumes to Hamper the Market Growth
Nearly all of the synthetic chemicals used in fragrances, including aldehydes, phthalates, benzene derivatives, and others that are toxic and hazardous to human health, are made from petroleum. These substances harm both adults and child's nervous systems and can lead to allergies, asthma, and congenital abnormalities. On the EPA's list of hazardous materials, a number of these synthetic chemicals are listed as being dangerous.
Researchers from the Environmental Working Group (EWG) estimate that phthalates, which have been linked to diabetes, breast cancer, reproductive malformations, a decline in sperm count, and disrupted hormonal activities, are present in about 75% of fragrance products. These elements might prevent the market from expanding overall.
Region-wise Analysis
How will Asia Pacific Perform in the Global Aroma Chemicals Industry Landscape?
Expansion of Personal Care Industry to Boost the Market Growth in APAC
The Asia Pacific Aroma Chemicals market is expected to expand at a CAGR of 6.1% across the forecast period. This is due to China's expanding personal care industry. The rising demand for fragrances in China, Japan, and India, as well as the growing importance of organic and natural fragrances, are expected to propel regional market growth. Another factor contributing to market growth is the high spending power of consumers in these countries.
Companies are concentrating their efforts on R&D and business expansion in the Asia Pacific region. For instance, in September 2019, Firmenich, a flavor, ingredient, and fragrance manufacturer, opened an innovative Fine Fragrance Atelier in China. Customers in China and around the world have easy access to all of the fine fragrance products offered by the company.
How will the Growth of Aroma Chemicals Market Escalate across North America?
Rising Consumer Awareness About Maintaining Healthy Environment to Enhance the Market Prospects
The North American aroma chemicals market will grow at a CAGR of 5.6% from 2022 to 2032. Rising consumer awareness about the importance of maintaining a healthy and sanitary environment in their surroundings is expected to drive demand for toiletries products such as soaps, detergent, sanitizers, disinfectant floor cleaners, and toilet cleaners, among others, which will drive demand for aroma chemicals over the forecast year.
Attributed to the growth in the personal care and cosmetics industries, the United States held the largest share of the North American market in 2020. A rise in per-capita disposable income is likely to fuel the expansion of the personal care, cosmetics, and food and beverage industries, while growing health-conscious consumers will strengthen the region's market position.
Region-wise Forecast CAGRs for the Aroma Chemicals Market
| Region | CAGR |
|---|---|
| Asia Pacific | 6.1% |
| North America | 5.6% |
| Europe | 5.4% |
| Latin America | 4.4% |
| Middle East & Africa | 4.0% |
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Category-wise Insights
Which Segment to Remain Dominant in the Source Category?
Synthetic Aroma Chemicals Segment to Enhance Growth Prospects
Data from Fact.MR show that demand for Synthetic Aroma Chemicals is predicted to grow at a CAGR of 4.6% during the forecast period.
By accounting for 69% of overall revenue in 2022, the synthetic source segment is anticipated to dominate the market for aroma chemicals. The synthetic market segment is anticipated to rule in the upcoming years. Manufacturers in the food and beverage, personal care, as well as cosmetics sectors rely heavily on synthetic aromas. In the food business, they can make carbonated drinks, candies, and snacks that smell like natural foods.
Without considering the qualities of all the other chemicals used in fragrance formulations, many fragrance manufacturers rely on synthetic chemicals to produce a potent aroma. The use of natural scents in cosmetics is growing in popularity. Producing cosmetics with natural ingredients is not practical due to the possibility of allergies as well as skin sensitivities, forcing manufacturers to create goods with synthetic chemicals instead.
Which is the Most Sought-after Type Category?
Increased Demand for Flavorings and Fragrances to Boost the Segment’s Growth
According to Fact.MR’s data, preference for Terpenes/Terpenoids is expected to expand at a CAGR of 4.5% over the forecast period.
In the market for aroma chemicals in 2020, terpenoids will represent the most significant chemical category. They possess therapeutic qualities like anti-microbial, anti-carcinogen, and antiseptic qualities. Terpenes are used in a wide range of flavorings and fragrances because of their pleasant aroma. Antimalarial medications like artemisinin use terpenoids as well as their derivatives, that have antimicrobial, antiseptic medicinal and anti-carcinogenic properties.
Growing terpene demand in the cosmetics, pharmaceutical, food, as well as other industries will support the segment's growth. Both synthetic and natural sources of musk chemicals are available. They can be found in a wide range of goods, including food, household items, detergents, soaps, and personal care and cosmetics.
A rise in the demand for skincare products as well as a rise in the number of working adults has contributed to the growth of musk chemical compounds. In the upcoming years, the market for musk chemicals will expand due to the rising popularity of various cosmetic products and high-end fragrances.
Aroma Chemicals Market- Competitive Landscape
Prominent players in the Aroma Chemicals Industry are taking advantage of the rapidly increasing demand for the Aroma Chemicals in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
- In December 2021, Firmenich SA announced the commissioning of a new production unit for renewable ingredients at its facility located in Castets, France. The new production plant was expected to be operational from January 2022.
- In June 2020, Givaudan launched VivaScentz™, a leading-edge fragrance innovation to enhance consumer well-being with offering benefits across all categories of perfume including fine fragrance, personal, home, and fabric care as well as oral care flavours. This new technology, at the forefront of the fragrance industry, aims to help consumers achieve a holistic sense of wellbeing.
- In June 2020, BASF acquired Isobionics, a biotech company, to setup its own distillation plant for the manufacture of new flavors & fragrances. The plant is supposed to be built at Brightlands Chemelot Campus in Geleen in the Dutch Province of Limburg. This strategy is to set up its own production unit for manufacturing and development of new fragrances which is anticipated to create opportunities for market growth.
Key Segments Covered in the Industry Survey
-
B Application:
- Soaps & Detergents
- Cosmetics & Toiletries
- Food & Beverages Ingredients
-
By Compound:
- Alcohol-based
- Saturated Alkyl-Alcohol
- Unsaturated Alkyl-Alcohol
- Complex Fragrance Alcohol
- Aromatic and Aralkyl Alcohol
- Phenolic
- Acids-based
- Saturated Aliphatic Acid
- Unsaturated Aliphatic Acid
- Aromatic Acid
- Esters-based
- Saturated Esters
- Unsaturated Esters
- Aromatic Esters
- Lactones- Gamma and Delta
- Synthesis of Ester
- Aldehydes–based Aroma Chemicals
- Aliphatic Aldehyde
- Unsaturated Aldehyde
- Acetals
- Aromatics
- Nitriles
- Ketones-based
- Hydrocarbons-based
- Alcohol-based
-
By Source:
- Natural Aroma Chemicals
- Synthetic Aroma Chemicals
-
By Type:
- Benzenoids-based
- Musk
- Terpenoids-based
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
- 9.1. Soaps & Detergents
- 9.2. Cosmetics & Toiletries
- 9.3. Food & Beverages Ingredients
- 9.4. Others
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Compound
- 10.1. Alcohols
- 10.1.1. Saturated alkyl alcohol
- 10.1.2. Unsaturated alkyl alcohol
- 10.1.3. Complex fragrance alcohol
- 10.1.4. Aromatic and aralkyl alcohol
- 10.1.5. Phenolic
- 10.2. Acids
- 10.2.1. Saturated aliphatic acid
- 10.2.2. Unsaturated acid
- 10.2.3. Aromatic acid
- 10.3. Esters
- 10.3.1. Saturated ester
- 10.3.2. Unsaturated ester
- 10.3.3. Aromatic ester
- 10.3.4. Lactones – gamma and delta
- 10.3.5. Synthesis of ester
- 10.4. Aldehydes
- 10.4.1. Aliphatic aldehyde
- 10.4.2. Unsaturated aldehyde
- 10.4.3. Acetals
- 10.4.4. Aromatics
- 10.4.5. Nitriles
- 10.5. Ketons
- 10.6. Hydrocarbons
- 10.1. Alcohols
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Source
- 11.1. Natural
- 11.2. Synthetic
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type
- 12.1. Benzenoids
- 12.2. Musk Chemicals
- 12.3. Terpenoids
- 12.4. Others
- 13. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia
- 13.6. Oceania
- 13.7. Middle East and Africa (MEA)
- 14. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 21. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 22. Market Structure Analysis
- 23. Competition Analysis
- 23.1. Solvay
- 23.2. Takasago International Corporation
- 23.3. Kao Chemicals Europe
- 23.4. S.H. Kelkar and Co. Pvt. Ltd. (PFW BV)
- 23.5. BASF SE
- 23.6. HINDUSTAN MINT & AGRO PRODUCTS PVT. LTD.
- 23.7. Privi Speciality Chemicals Limited
- 23.8. Robertet
- 23.9. Oriental Aromatics
- 23.10. Silverline Chemicals
- 23.11. Other Prominent Players
- 24. Assumptions and Acronyms Used
- 25. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 02: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 03: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 04: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 05: Global Market Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 06: Global Market Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 07: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 08: Global Market Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 09: Global Value (US$ Bn) and Volume (Tons) Analysis, by Region, 2017 to 2021
Table 10: Global Value (US$ Bn) and Volume (Tons) Analysis, by Region, 2022 to 2032
Table 11: North America Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 12: North America Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 13: North America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 14: North America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 15: North America Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 16: North America Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 17: North America Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 18: North America Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 19: North America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 20: North America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 21: Latin America Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 22: Latin America Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 23: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 24: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 25: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 26: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 27: Latin America Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 28: Latin America Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 29: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 30: Latin America Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 31: Europe Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 32: Europe Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 33: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 34: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 35: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 36: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 37: Europe Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 38: Europe Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 39: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 40: Europe Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 41: East Asia Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 42: East Asia Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 43: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 44: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 45: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 46: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 47: East Asia Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 48: East Asia Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 49: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 50: East Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 51: South Asia Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 52: South Asia Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 53: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 54: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 55: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 56: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 57: South Asia Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 58: South Asia Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 59: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 60: South Asia Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 61: Oceania Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 62: Oceania Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 63: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 64: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 65: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 66: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 67: Oceania Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 68: Oceania Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 69: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 70: Oceania Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 71: MEA Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2017 to 2021
Table 72: MEA Value (US$ Bn) and Volume (Tons) Analysis, by Country, 2022 to 2032
Table 73: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 74: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
Table 75: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2017 to 2021
Table 76: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Compound, 2022 to 2032
Table 77: MEA Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2017 to 2021
Table 78: MEA Value (US$ Bn) and Volume (Tons) Analysis, by Type, 2022 to 2032
Table 79: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2017 to 2021
Table 80: MEA Value (US$ Bn) and Volume (Tons) Analysis, By Type, 2022 to 2032
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List Of Figures
Figure 01: Global Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 02: Global Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2016 - 2030
Figure 04: Global Market Incremental $ Opportunity, 2022 to 2032
Figure 05: Global Market Share and BPS Analysis By Type, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Projections By Type, 2022 to 2032
Figure 07: Global Market Attractiveness Analysis By Type, 2022 to 2032
Figure 08: Global Market Share and BPS Analysis By Compound, 2022 & 2032
Figure 09: Global Market Y-o-Y Growth Projections By Compound, 2022 to 2032
Figure 10: Global Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 11: Global Market Share and BPS Analysis by Source, 2022 & 2032
Figure 12: Global Market Y-o-Y Growth Projections by Source, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis by Source, 2022 to 2032
Figure 14: Global Market Share and BPS Analysis By Type, 2022 & 2032
Figure 15: Global Market Y-o-Y Growth Projections By Type, 2022 to 2032
Figure 16: Global Market Attractiveness Analysis By Type, 2022 to 2032
Figure 17: Global Market Share and BPS Analysis by Region, 2022 & 2032
Figure 18: Global Market Y-o-Y Growth Projections by Region, 2022 to 2032
Figure 19: Global Market Attractiveness Index by Region, 2022 to 2032
Figure 20: North America Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 21: North America Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 22: North America Market Share Analysis by Country, 2022 & 2032
Figure 23: North America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 25: North America Market Share Analysis By Type, 2022 & 2032
Figure 26: North America Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 27: North America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 28: North America Market Share Analysis By Compound, 2022 & 2032
Figure 29: North America Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 30: North America Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 31: North America Market Share Analysis by Source, 2022 & 2032
Figure 32: North America Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 33: North America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 34: North America Market Share Analysis By Type, 2022 & 2032
Figure 35: North America Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 36: North America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 37: Latin America Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 38: Latin America Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 39: Latin America Market Share Analysis by Country, 2022 & 2032
Figure 40: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 41: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 42: Latin America Market Share Analysis By Type, 2022 & 2032
Figure 43: Latin America Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 44: Latin America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 45: Latin America Market Share Analysis By Compound, 2022 & 2032
Figure 46: Latin America Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 47: Latin America Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 48: Latin America Market Share Analysis by Source, 2022 & 2032
Figure 49: Latin America Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 50: Latin America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 51: Latin America Market Share Analysis By Type, 2022 & 2032
Figure 52: Latin America Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 53: Latin America Market Attractiveness Analysis By Type, 2022 to 2032
Figure 54: Europe Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 55: Europe Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 56: Europe Market Share Analysis by Country, 2022 & 2032
Figure 57: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 58: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 59: Europe Market Share Analysis By Type, 2022 & 2032
Figure 60: Europe Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 61: Europe Market Attractiveness Analysis By Type, 2022 to 2032
Figure 62: Europe Market Share Analysis By Compound, 2022 & 2032
Figure 63: Europe Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 64: Europe Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 65: Europe Market Share Analysis by Source, 2022 & 2032
Figure 66: Europe Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 67: Europe Market Attractiveness Analysis by Source, 2022 to 2032
Figure 68: Europe Market Share Analysis By Type, 2022 & 2032
Figure 69: Europe Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 70: Europe Market Attractiveness Analysis By Type, 2022 to 2032
Figure 71: East Asia Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 72: East Asia Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 73: East Asia Market Share Analysis by Country, 2022 & 2032
Figure 74: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 75: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 76: East Asia Market Share Analysis By Type, 2022 & 2032
Figure 77: East Asia Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 78: East Asia Market Attractiveness Analysis By Type, 2022 to 2032
Figure 79: East Asia Market Share Analysis By Compound, 2022 & 2032
Figure 80: East Asia Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 81: East Asia Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 82: East Asia Market Share Analysis by Source, 2022 & 2032
Figure 83: East Asia Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 84: East Asia Market Attractiveness Analysis by Source, 2022 to 2032
Figure 85: East Asia Market Share Analysis By Type, 2022 & 2032
Figure 86: East Asia Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 87: East Asia Market Attractiveness Analysis By Type, 2022 to 2032
Figure 88: South Asia Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 89: South Asia Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 90: South Asia Market Share Analysis by Country, 2022 & 2032
Figure 91: South Asia Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 92: South Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 93: South Asia Market Share Analysis By Type, 2022 & 2032
Figure 94: South Asia Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 95: South Asia Market Attractiveness Analysis By Type, 2022 to 2032
Figure 96: South Asia Market Share Analysis By Compound, 2022 & 2032
Figure 97: South Asia Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 98: South Asia Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 99: South Asia Market Share Analysis by Source, 2022 & 2032
Figure 100: South Asia Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 101: South Asia Market Attractiveness Analysis by Source, 2022 to 2032
Figure 102: South Asia Market Share Analysis By Type, 2022 & 2032
Figure 103: South Asia Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 104: South Asia Market Attractiveness Analysis By Type, 2022 to 2032
Figure 105: Oceania Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 106: Oceania Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 107: Oceania Market Share Analysis by Country, 2022 & 2032
Figure 108: Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 109: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 110: Oceania Market Share Analysis By Type, 2022 & 2032
Figure 111: Oceania Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 112: Oceania Market Attractiveness Analysis By Type, 2022 to 2032
Figure 113: Oceania Market Share Analysis By Compound, 2022 & 2032
Figure 114: Oceania Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 115: Oceania Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 116: Oceania Market Share Analysis by Source, 2022 & 2032
Figure 117: Oceania Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 118: Oceania Market Attractiveness Analysis by Source, 2022 to 2032
Figure 119: Oceania Market Share Analysis By Type, 2022 & 2032
Figure 120: Oceania Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 121: Oceania Market Attractiveness Analysis By Type, 2022 to 2032
Figure 122: MEA Market Value (US$ Bn), Volume (Tons) Historical Analysis, 2017 to 2021
Figure 123: MEA Market Value (US$ Bn), Volume (Tons) Forecast and Analysis, 2022 to 2032
Figure 124: MEA Market Share Analysis by Country, 2022 & 2032
Figure 125: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2032
Figure 126: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 127: MEA Market Share Analysis By Type, 2022 & 2032
Figure 128: MEA Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 129: MEA Market Attractiveness Analysis By Type, 2022 to 2032
Figure 130: MEA Market Share Analysis By Compound, 2022 & 2032
Figure 131: MEA Market Y-o-Y Growth Projection By Compound, 2022 to 2032
Figure 132: MEA Market Attractiveness Analysis By Compound, 2022 to 2032
Figure 133: MEA Market Share Analysis by Source, 2022 & 2032
Figure 134: MEA Market Y-o-Y Growth Projection by Source, 2022 to 2032
Figure 135: MEA Market Attractiveness Analysis by Source, 2022 to 2032
Figure 136: MEA Market Share Analysis By Type, 2022 & 2032
Figure 137: MEA Market Y-o-Y Growth Projection By Type, 2022 to 2032
Figure 138: MEA Market Attractiveness Analysis By Type, 2022 to 2032
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- FAQs -
At what value will the Aroma Chemicals market close in 2022?
As of 2022, Fact.MR expects the Aroma Chemicals industry to be valued at US$ 5.21 Billion
What will be the growth scenario for the market in North America until 2032?
North America is poised to yield a CAGR of 4.5% with respect to Aroma Chemicals in 2032
How will the Asia Pacific market for Aroma Chemicals flourish until 2032?
As per Fact.MR’s projections, the market for Aroma Chemicals in Asia Pacific will likely expand at a 6.1% CAGR
At what percentage will the industry expand during the 2022-2032 period of assessment?
From 2022 to 2032, the Aroma Chemicals industry is poised to flourish at a 4.7% CAGR
What is the expected closing market value for Aroma Chemicals in 2032?
By 2032, the Aroma Chemicals landscape is slated to reach a valuation of US$ 8.11 Billion
By source, which segment is likely to experience the fastest growth rate?
Synthetic Aroma Chemicals Segment is expected to grow the fastest, at a CAGR of 4.6%
Which is the most preferred type category of Aroma Chemicals?
By type, the Terpenes/Terpenoids segment is expected to dominate the market, documenting a 4.5% value CAGR
From 2017-2021, what was the documented growth rate for the Aroma Chemicals market?From 2017-2021, what was the documented growth rate for the Aroma Chemicals market?
According to Fact.MR, a CAGR of 5.1% was recorded for the Aroma Chemicals market from 2017-2021
What was the market worth for Aroma Chemicals in 2021?
As of 2021, the Aroma Chemicals market was valued at US$ 5.11 Billion
Aroma Chemicals Market