Global Aroma Ingredients Market
Aroma Ingredients Market Size And Forecast
According to Verified Market Research, the Aroma Ingredients Market was valued at USD 2.18 Billion in 2018 and is projected to reach USD 3.07 Billion by 2026, growing at a CAGR of 4.3% from 2019 to 2026.
Global Aroma Ingredients Market Outlook
The growing global fragrance industry as aroma ingredients play crucial role in making of fragranced products such as air fresheners, perfumes, toiletries including scented candles, deodorants, and others. This is the major factor expected to booming the growth of global aroma ingredients market. Moreover, aroma ingredients are primary and important component of perfume. The global perfume market is growing due to the increasing trend of personal grooming in youth, rising disposable income, and improving standards of living, will help to stimulate the growth of aroma ingredients market. However, an increasing production cost due to quality compliances and high cost associated with research and development of aroma ingredients are some factors act as restraining factors for the growth of the market.
Global Aroma Ingredients Market Competitive Landscape
The Global Aroma Ingredients Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as International Flavors & Fragrances Inc., Givaudan, Symrise, Takasago International Corporation, Hasegawa Co., Ltd., Sensient Technologies Corporation, MANE, Robertet SA, T. Frutarom, Firmenich SA.
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