Global Aroma Chemicals Market
Aroma Chemicals Market Size And Forecast
According to Verified Market Research, the Global Aroma Chemicals Market was valued at USD 3.9 Billion in 2018 and is projected to reach USD 6.3 Billion by 2026, growing at a CAGR of 6.2% from 2019 to 2026.
Global Aroma Chemicals Market Outlook
The global aroma chemicals market is majorly driven by rising demand for natural fragrance and aromas across the world. The other factors such as rising disposable incomes, growing consumer awareness regarding the maintenance of hygiene has increased the demand for cleaning products and toiletries which uses aroma chemicals as one of their key ingredients. Moreover, increasing focus of research and development and the rising trend of aromatherapy for maintaining emotional and psychological wellbeing are the factors further expected to bolster the market growth. However, the volatility in raw material cost and high cost of aroma products are the factors that might act as the restricting factors for the growth of aroma chemicals market.
Global Aroma Chemicals Market Competitive Landscape
The Global Aroma Chemicals Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as BASF, Hindustan Mint & Agro Products Pvt. Ltd., Silverline Chemicals Ltd, Veera Fragrances Pvt. Ltd., J. K. Fragrances, Takasago, U.S. Chemicals LLC, Kalpasutra Chemicals Pvt. Ltd., and Hindustan Polyamides & Fibres Ltd.
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