Global Fine Fragrances Market- Industry Trends and Forecast to 2030
Global fine fragrances market is expected to reach USD 10,230,524.76 Thousad by 2030 from USD 7,392,060.00 Thousand in 2022, growing at a CAGR of 4.3% during the forecast period of 2023 to 2030.
Market Segmentation:
Global Fine Fragrances Market, By Ingredient (Synthetic and Natural), Form (Liquid and Gas), Application (Spray Perfumes, Deodorants, Body Care, Home Care, Cosmetics, Soaps and Detergents, Incense, and Others), Country (Germany, U.K., Italy, France, Russia, Spain, Switzerland, Turkey, Belgium, Netherlands, and Rest of Europe, China, Japan, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, and Rest of Asia-Pacific, U.S., Canada, and Mexico, Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America) - Industry Trends and Forecast to 2030
Overview of Global Fine Fragrances Market Dynamics
Drivers
• Rise in demand for natural fragrances
• Increase spending on product innovation
• Rise in disposable income and increase in urban population
Restraints/Challenges
• High costs linked with using natural components
• Adherence to quality and regulatory norms
Opportunity
• Heavy investments in research and development
Market Players:
Some of the key market players operating in the global fine fragrances market are listed below:• MANE
• dsm-firmenich
• Azur Fragrances
• Parfex
• EPS Fragrances
• Delta Aromatic
• Dullberg konzentra GmbH & Co. KG
• CPL Aromas
• Iberchem S.A.U.
• Royal Aroma
• EMSA
• Bell Flavors & Fragrances
• Lucta
• LAVERANA GMBH & CO. KG
• AVON
• Takasago International Corporation
• Givaudan
• Symrise
• Robertet
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