Spices are also known as incense raw materials, which can be sniffed out by the smell of the smell or flavor products out of the smell of substances, is used for the preparation of essence.
Market Analysis and Insights: Global Fragrance Ingredients Market
Due to the COVID-19 pandemic, the global Fragrance Ingredients market size is estimated to be worth US$ 11510 million in 2022 and is forecast to a readjusted size of US$ 16060 million by 2028 with a CAGR of 5.7% during the review period. Fully considering the economic change by this health crisis, Essential Oils accounting for % of the Fragrance Ingredients global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cosmetics & Toiletries segment is altered to an % CAGR throughout this forecast period.
The market is being driven by the change in consumer preferences, significant technological advancements, and increase in demand from emerging economies for natural fragrances due to health concerns related to synthetic chemicals.
Global Fragrance Ingredients Scope and Segment
Fragrance Ingredients market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Fragrance Ingredients market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Essential Oils
Aroma Chemicals
Segment by Application
Cosmetics & Toiletries
Soaps & Detergents
By Company
BASF
Firmenich International
Frutarom Industries
Givaudan
International Flavors & Fragrances
Mane
Robertet
Symrise
Takasago International
Huabao International
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE