Global Fragrance Ingredients Market 2024-2028
The fragrance ingredients market is forecasted to grow by USD 3820.2 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the fragrance ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for cosmetic products, growing demand for detergents, and adoption of advanced technologies.
Technavio's fragrance ingredients market is segmented as below:
By Application
- Personal care
- Fabric care
- Hair care
- Others
By Type
- Essential oils
- Aroma chemicals
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing preference for natural ingredients as one of the prime reasons driving the fragrance ingredients market growth during the next few years. Also, development among industry players and diversified business portfolios by vendors will lead to sizable demand in the market.
The report on the fragrance ingredients market covers the following areas:
- Fragrance ingredients market sizing
- Fragrance ingredients market forecast
- Fragrance ingredients market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fragrance ingredients market vendors that include AARAV Flavors and Fragrances Pvt. Ltd., Alpha Aromatics Inc., BASF SE, BRENNTAG SE, CPL Aromas, Ernesto Ventos SA, Fine Fragrances, Firmenich SA, Givaudan SA, Huabao International Holdings Ltd., International Flavors and Fragrances Inc., Joh. Vogele KG., Kalpsutra Chemicals Pvt. Ltd., La Scenteur Fragrance Technology Pvt. Ltd., Risdon International, Robertet SA, S H Kelkar and Co. Ltd., Sensient Technologies Corp., Symrise AG, Takasago International Corp., and V. Mane Fils. Also, the fragrance ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.