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Aroma Chemicals Market By Source Outlook (Natural,Synthetic, Natural-identical) By Chemicals Outlook (Benzenoids, Musk Chemicals, Terpenes & Terpenoids, Others) By Application Outlooks (Flavors, Fragrance) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 1696 | Report Format : PDF

Market Insights

The Global Aroma Chemicals market report explores the critical analysis of the industry using key parameters. The report consists of investment strategies, the need for investments in the Global Aroma Chemicals market industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the Global Aroma Chemicals market industry, as well as how economic and non-economic barriers are helping the market grow. Moreover, the report analyses the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter’s five forces analysis, PESTEL analysis, value chain analysis, etc.

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Key Highlights of the report

How are the major segments performing in the Global Aroma Chemicals Market?

In 2021, Synthetic is the leading segment in the source outlook with the largest market share market dominating. The synthetic segment is essential for manufacturing cosmetics, personal care and food & beverages industries.

In 2021, the terpenes & terpenoids segment dominated the global aroma chemicals market due to increasing demand for terpenes and terpenoids in pharmaceuticals, cosmetics, food and other sectors attributed to the market growth.

In 2021, the fragrance segment in application outlook dominated the largest share of the global aroma chemicals market due to the advancement of technology to meet the change in consumer demand and growth in the fragrance industry.

Aroma Chemicals Market

Which Region dominated the Global Aroma Chemicals Market?

In 2021, North America dominated the highest market share in the global Aroma Chemicals market. North America has seen growth due to increasing demand for aroma chemicals in cosmetics, personal care and the food & beverages industry. The U.S is expected to be the largest market in North America. Furthermore, the Region is very important for the distribution of Global Aroma Chemicals as even one regulatory approval can give access to the North American Region. Furthermore, the low-fat food & beverages product requires additional flavors for the taste of the final products. These factors are increasing the global aroma chemicals market growth in the North American region.

What is the competitive environment of the Global Aroma Chemicals Market?

The aroma chemicals industry’s competitive environment offers information on the total economic profit made by suppliers and businesses, the sales and revenues produced in this sector, the aroma chemicals market share globally, the business organization overview, the introduction of new products, and the opportunities for the aroma chemicals market. For instance, in September 2019, BASF completed the acquisition of aroma biotech innovation leader Isobionics. Through this acquisition Isobionics, which was an innovation leader in biotechnology that is serving the global market for natural flavors and fragrances (F&F), and through a cooperation agreement with Conagen, a leader in biotechnology research, BASF enters the market for natural F&F ingredients.

Executive Summary

What are all Technical developments being developed in the Global Aroma Chemicals Industry Market?

Technical development for the research and development in the aroma chemicals market. The expansion of the global aroma chemicals market is being driven by an increase in demand for new flavors and fragrances to boost productivity and efficiency. For instance, in June 2020, Givaudan, the global leader in flavors and fragrances launched VivaScentz, an exclusive and radically technology guiding r&d team in crafting fragrances with wellbeing benefits across all categories of perfume including fine fragrance, personal, home, and fabric care as well as oral care flavors.

Which are the key investments by the Global Aroma Chemicals Market players?

Aroma chemicals have been used in various industries due to their exceptional flexibility and capacity to be adaptable in any place. Various investments are made among the key player. For instance, Firmenich SA has announced the commissioning of a new production unit for renewable ingredients at its Castets, France, location. The new manufacturing unit was opened in January 2022. Furthermore, in December 2020, BASF SE announced the expansion of a new plant for PU system goods with applications in appliances, furniture, and construction, using pre-polymer reactor technology to increase production capacity. This will raise the value of BASF SE’s sales and revenue.

Some of the major players in the market are Privi Organics India Limited, BASF SE; Kao Corporation; Takasgo International Corporation; Givaudan; Bell Flowers & Fragrances, Symrise, S H Kelkar and Company.

What are the Major Driving Factors for the Global Aroma Chemicals Market?

Due to increasing advancements, the personal care products industries are the major factors in the growth of the Global Aroma Chemicals market. Manufacturers of fragrance & perfumes aroma chemicals focus on innovation and offer a gain advantage in the rapidly increasing personal care products market. The increasing number of personal care products industries across the globe would fuel the disposal Global Aroma Chemicals market demand is expected to grow. Additionally, the cosmetics and personal care products such as creams, face masks, and others mostly occurred due to increasing organic and natural cosmetics. Furthermore, the businesses investing money to improve their products are driving the market growth. These factors are expected to drive the growth of the Global Aroma Chemicals market.

What are the Major Risks for the Global Aroma Chemicals Market?

The high research & development associated with cost and stringent government regulation imposed on the manufacture of aroma chemicals can hamper the Global Aroma Chemicals market growth. Furthermore, the synthetic chemicals in fragrance are derived from petroleum-based chemicals such as benzene, aldehydes and others, which are harmful and toxic to human health. These chemicals are caused congenital disabilities, cancer, allergies and nervous system disorders for adults and children, negatively affecting the market growth. These factors are restraining the growth of the Global Aroma Chemicals market.

Which is the key Product Outlook in the Market Global Aroma Chemicals Market?

The source outlook segment is categorized into Natural, synthetic and natural-identical. The synthetic segment dominated the Global Aroma Chemicals market and accounted for the market share due to the synthetic aroma is essential for manufacturing the cosmetics, personal care and food & beverages industries. Synthetic chemicals are vital for many fragrance manufacturers to produce natural scents without comprising the characteristics of other chemicals used in fragrance formulation. There has been increasing demand for cosmetics containing natural scents. These factors are contributing to the Global Aroma Chemicals market expansion.

How is the Global Aroma Chemicals Market performing in regions?

In 2021, North America dominated the highest market share in the global aroma chemicals market. North America has seen growth due to increasing demand for aroma chemicals in cosmetics, personal care and the food & beverages industry. Furthermore, the low-fat food & beverages product requires additional flavors for the taste of the final products. The U.S is expected to be the largest market in North America. Furthermore, the Region is very important for the distribution of Global Aroma Chemicals as even one regulatory approval can give access to the North American Region. These factors are increasing the Global Aroma Chemicals market growth in the North American Region.

The Asia Pacific is expected to account for the largest market share, with China expected to be the largest Global Aroma Chemicals market in the Asia Pacific region. The increasing personal care products industry research and development such countries India and china is expected to grow the market. The rising importance of organic and natural fragrances is expected to drive market growth in this region. This Region has become a valuable market for the Global Aroma Chemicals industry. These factors are expected to increase the growth of the Global Aroma Chemicals market in the Asia Pacific region.

What is the regulatory landscape for the Global Aroma Chemicals Market?

The regulatory landscape for this market is that governments are exploring a stricter regulatory approach across regions. For instance, in 2019, U.S. food and drugs administration applied the fair packaging and labeling act due to its harmful effects on individuals and many organizations consider these chemicals as drugs. Through this many governments, and organizations applied various regulations on aroma chemicals.

What is the Market Size of Global Aroma Chemicals regarding value?

The Global Aroma Chemicals market is anticipated to grow at a substantial CAGR of 4.30% in the upcoming years. The global Aroma Chemicals market industry was estimated to be worth USD 5,182.4 Million in 2021 and was expected to be worth USD 6,671.70 Million by 2028.

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What are the major players planning for the future of the Global Aroma Chemicals Market?

The key players in the global aroma chemicals market invest heavily in numerous cutting-edge technologies, including cloud computing, artificial intelligence, and others. Additionally, the future scenarios indicate that well-known market players would make major investments in startups and medium-sized businesses to provide effective solutions to the industry. There are high predictions that the major players will acquire or merge with the major companies or startups to gain a competitive edge.

Segmentation of Global Aroma Chemicals Market-

Global Aroma Chemicals Market– By Source Outlook

  • Natural
  • Synthetic
  • Natural-identical

 Global Aroma Chemicals Market– By Chemicals Outlook

  • Benzenoids
  • Musk Chemicals
  • Terpenes & Terpenoids
  • Others (Ketones, Esters, Aldehydes)

Global Aroma Chemicals market– By Application Outlooks      

  • Flavors
  • Fragrance

Global Aroma Chemicals Market– By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Aroma Chemicals Market
2.2. Global Aroma Chemicals Market, By Source Outlook
2.3. Global Aroma Chemicals Market, By Chemicals Outlook
2.4. Global Aroma Chemicals Market, By Application Outlook
2.5. Global Aroma Chemicals Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Aroma Chemicals Market Value, 2016-2028, (US$ Mn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Source Outlook
3.3.2. Chemicals Outlook
3.3.3. Application Outlook
3.3.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Source Outlooks
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted By Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID 19 Impact Analysis
6.1. Global Aroma Chemicals Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Aroma Chemicals Market
7.1. Global Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
7.1.1. Overview
7.1.2. Global Aroma Chemicals Market, By Source Outlook, 2021 vs 2028 (in%)
7.1.3. Global Aroma Chemicals Market, By Natural, 2016-2028 (US$ Mn)
7.1.4. Global Aroma Chemicals Market, By Synthetic, 2016-2028 (US$ Mn)
7.1.5. Global Aroma Chemicals Market, By Natural-identical, 2016-2028 (US$ Mn)
7.2. Global Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
7.2.1. Overview
7.2.2. Global Aroma Chemicals Market, By Chemicals Outlook, 2021 vs 2028 (in%)
7.2.3. Global Aroma Chemicals Market, By Benzenoids, 2016-2028 (US$ Mn)
7.2.4. Global Aroma Chemicals Market, By Musk Chemicals, 2016-2028 (US$ Mn)
7.2.5. Global Aroma Chemicals Market, By Terpenes & Terpenoids, 2016-2028 (US$ Mn)
7.2.6. Global Aroma Chemicals Market, By Others (Ketones, Esters, Aldehydes), 2016-2028 (US$ Mn)
7.3. Global Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
7.3.1. Overview
7.3.2. Global Aroma Chemicals Market, By Application Outlook, 2021 vs 2028 (in%)
7.3.3. Global Aroma Chemicals Market, By Flavours, 2016-2028 (US$ Mn)
7.3.4. Global Aroma Chemicals Market, By Fragrance, 2016-2028 (US$ Mn)

8. North America Aroma Chemicals Market Analysis
8.1. North America Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
8.4.1. U.S.
8.4.1.1. U.S. Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
8.4.1.2. U.S. Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
8.4.1.3. U.S. Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
8.4.1.4. U.S. Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
8.4.2. Canada
8.4.2.1. Canada Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
8.4.2.2. Canada Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
8.4.2.3. Canada Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
8.4.2.4. Canada Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)

9. Europe Aroma Chemicals Market Analysis
9.1. Europe Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
9.4.1. Germany
9.4.1.1. Germany Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.1.2. Germany Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.1.3. Germany Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.2. Germany Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
9.4.3. France
9.4.3.1. France Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.3.2. France Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.3.3. France Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.3.4. France Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
9.4.4. UK
9.4.4.1. UK Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.4.2. UK Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.4.3. UK Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.4.4. UK Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
9.4.5. Italy
9.4.5.1. Italy Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.5.2. Italy Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.5.3. Italy Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.5.4. Italy Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
9.4.6. Spain
9.4.6.1. Spain Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.6.2. Spain Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.6.3. Spain Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.6.4. Spain Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
9.4.7. Rest of Europe
9.4.7.1. Rest of Europe Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
9.4.7.2. Rest of Europe Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
9.4.7.3. Rest of Europe Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
9.4.7.4. Rest of Europe Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)

10. Asia Pacific Aroma Chemicals Market Analysis
10.1. Asia Pacific Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
10.4.1. China
10.4.1.1. China Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.1.2. China Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.1.3. China Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.1.4. China Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
10.4.2. Japan
10.4.2.1. Japan Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.2.2. Japan Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.2.3. Japan Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.2.4. Japan Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
10.4.3. India
10.4.3.1. India Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.3.2. India Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.3.3. India Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.3.4. India Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
10.4.4. South Korea
10.4.4.1. South Korea Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.4.2. South Korea Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.4.3. South Korea Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.4.4. South Korea Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.5.2. South-East Asia Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.5.3. South-East Asia Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.5.4. South-East Asia Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
10.4.6.2. Rest of Asia Pacific Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
10.4.6.3. Rest of Asia Pacific Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
10.4.6.4. Rest of Asia Pacific Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)

11. Latin America Aroma Chemicals Market Analysis
11.1. Latin America Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
11.4.1. Brazil
11.4.1.1. Brazil Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.1.2. Brazil Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
11.4.1.3. Brazil Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
11.4.1.4. Brazil Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
11.4.2. Mexico
11.4.2.1. Mexico Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.2.2. Mexico Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
11.4.2.3. Mexico Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
11.4.2.4. Mexico Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
11.4.3.2. Rest of Latin America Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
11.4.3.3. Rest of Latin America Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
11.4.3.4. Rest of Latin America Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)

12. Middle East and Africa Aroma Chemicals Market Analysis
12.1. Middle East and Africa Aroma Chemicals Market, By Source Outlook, 2016-2028(US$ Mn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Aroma Chemicals Market, By Chemicals Outlook, 2016-2028(US$ Mn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Aroma Chemicals Market, By Application Outlook, 2016-2028(US$ Mn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.1.2. GCC Countries Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
12.4.1.3. GCC Countries Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
12.4.1.4. GCC Countries Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
12.4.2. South Africa
12.4.2.1. South Africa Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.2.2. South Africa Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
12.4.2.3. South Africa Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
12.4.2.4. South Africa Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Aroma Chemicals Market Estimates and Forecast, 2016-2028 (US$ Mn)
12.4.3.2. Rest of Middle East and Africa Aroma Chemicals, By Source Outlook, 2016-2028 (US$ Mn)
12.4.3.3. Rest of Middle East and Africa Aroma Chemicals, By Chemicals Outlook, 2016-2028 (US$ Mn)
12.4.3.4. Rest of Middle East and Africa Aroma Chemicals, By Application Outlook, 2016-2028 (US$ Mn)

13. Company Profiles
13.1. Siemens (Germany)
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Privi Organics India Limited
13.3. BASF SE
13.4. Kao Corporation
13.5. Takasgo International Corporation
13.6. Givaudan
13.7. Bell Flowers & Fragrances
13.8. Symrise
13.9. SH Kelkar and Comapany

List of Figures

FIG. 1 Global Aroma Chemicals Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Aroma Chemicals Market Segmentation
FIG. 4 Global Aroma Chemicals Market, By Source Outlook, 2021 (US$ Mn)
FIG. 5 Global Aroma Chemicals Market, By Chemicals Outlook, 2021 (US$ Mn)
FIG. 6 Global Aroma Chemicals Market, By Application Outlook, 2021 (US$ Mn)
FIG. 7 Global Aroma Chemicals Market, By Geography, 2021 (US$ Mn)
FIG. 8 Attractive Investment Proposition, By Source Outlook, 2021
FIG. 9 Attractive Investment Proposition, By Chemicals Outlook, 2021
FIG. 10 Attractive Investment Proposition, By Application Outlook, 2021
FIG. 11 Attractive Investment Proposition, By Geography, 2021
FIG. 12 Global Market Share Analysis of Key Aroma Chemicals Market Manufacturers, 2021
FIG. 13 Global Market Positioning of Key Aroma Chemicals Market Manufacturers, 2021
FIG. 14 Global Aroma Chemicals Market Value Contribution, By Source Outlook, 2021 & 2028 (Value %)
FIG. 15 Global Aroma Chemicals Market, By Natural, Value, 2016-2028 (US$ Mn)
FIG. 16 Global Aroma Chemicals Market, By Synthetic, Value, 2016-2028 (US$ Mn)
FIG. 17 Global Aroma Chemicals Market, By Natural-identical, Value, 2016-2028 (US$ Mn)
FIG. 18 Global Aroma Chemicals Market Value Contribution, By Chemicals Outlook, 2021 & 2028 (Value %)
FIG. 19 Global Aroma Chemicals Market, By Benzenoids, Value, 2016-2028 (US$ Mn)
FIG. 20 Global Aroma Chemicals Market, By Musk Chemicals, Value, 2016-2028 (US$ Mn)
FIG. 21 Global Aroma Chemicals Market, By Terpenes & Terpenoids, Value, 2016-2028 (US$ Mn)
FIG. 22 Global Aroma Chemicals Market, By Others (Ketones, Esters, Aldehydes), Value, 2016-2028 (US$ Mn)
FIG. 23 Global Aroma Chemicals Market Value Contribution, By Application Outlook, 2021 & 2028 (Value %)
FIG. 24 Global Aroma Chemicals Market, By Flavors, Value, 2016-2028 (US$ Mn)
FIG. 25 Global Aroma Chemicals Market, By Fragrance, Value, 2016-2028 (US$ Mn)
FIG. 26 U.S. Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 27 Canada Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 28 Germany Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 29 France Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 30 U.K. Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 31 Italy Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 32 Spain Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 33 Rest of Europe Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 34 China Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 35 Japan Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 36 India Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 37 South Korea Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 38 Southeast Asia Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 39 Rest of Asia Pacific Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 40 Latin America Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 41 Brazil Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 42 Mexico Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 43 Rest of Latin America Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 44 Middle East & Africa Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 45 GCC Countries Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 46 South Africa Aroma Chemicals Market, 2016-2028 (US$ Mn)
FIG. 47 Rest of Middle East and Africa Aroma Chemicals Market, 2016-2028 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Aroma Chemicals Market
TABLE 2 Global Aroma Chemicals Market, By Competitive Benchmarking, 2021
TABLE 3 Global Aroma Chemicals Market, By Geographical Presence Analysis, 2021
TABLE 4 Global Aroma Chemicals Market, By Key Strategies Analysis, 2021
TABLE 5 Global Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 6 Global Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 7 Global Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 8 Global Aroma Chemicals Market, By Geography, 2016-2028 (US$ Mn)
TABLE 9 North America Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 10 North America Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 11 North America Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 12 North America Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
TABLE 13 US Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 14 US Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 15 US Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 16 Canada Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 17 Canada Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 18 Canada Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 19 Europe Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 20 Europe Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 21 Europe Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 22 Europe Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
TABLE 23 Germany Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 24 Germany Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 25 Germany Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 26 France Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 27 France Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 28 France Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 29 UK Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 30 UK Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 31 UK Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 32 Italy Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 33 Italy Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 34 Italy Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 35 Spain Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 36 Spain Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 37 Spain Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 38 Rest of Europe Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 39 Rest of Europe Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 40 Rest of Europe Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 41 Asia Pacific Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 42 Asia Pacific Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 43 Asia Pacific Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 44 Asia Pacific Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
TABLE 45 China Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 46 China Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 47 China Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 48 Japan Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 49 Japan Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 50 Japan Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 51 India Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 52 India Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 53 India Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 54 South Korea Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 55 South Korea Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 56 South Korea Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 57 South East Asia Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 58 South East Asia Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 59 South East Asia Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 60 Rest of Asia Pacific Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 61 Rest of Asia Pacific Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 62 Rest of Asia Pacific Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 63 Latin America Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 64 Latin America Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 65 Latin America Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 66 Latin America Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
TABLE 67 Brazil Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 68 Brazil Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 69 Brazil Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 70 Mexico Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 71 Mexico Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 72 Mexico Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 73 Rest of Latin America Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 74 Rest of Latin America Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 75 Rest of Latin America Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 76 Middle East and Africa Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 77 Middle East and Africa Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 78 Middle East and Africa Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 79 Middle East and Africa Aroma Chemicals Market, By Country, 2016-2028 (US$ Mn)
TABLE 80 GCC Countries Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 81 GCC Countries Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 82 GCC Countries Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 83 South Africa Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 84 South Africa Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 85 South Africa Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)
TABLE 86 Rest of Middle East and Africa Aroma Chemicals Market, By Source Outlook, 2016-2028 (US$ Mn)
TABLE 87 Rest of Middle East and Africa Aroma Chemicals Market, By Chemicals Outlook, 2016-2028 (US$ Mn)
TABLE 88 Rest of Middle East and Africa Aroma Chemicals Market, By Application Outlook, 2016-2028 (US$ Mn)

Frequently Asked Questions:

Which key factors will influence the aroma chemicals market growth over 2022-2028?

Due to increasing advancements, the personal care products industries are the major factors in the growth of the Global Aroma Chemicals market. Manufacturers of fragrance & perfumes aroma chemicals focus on innovation and offer a gain advantage in the rapidly increasing personal care products market. The increasing number of personal care products industries across the globe would fuel the disposal Global Aroma Chemicals market demand is expected to grow. Additionally, the cosmetics and personal

What will be the value of the aroma chemicals market during 2022-2028?

The Global Aroma Chemicals market is anticipated to grow at a substantial CAGR of 4.30% in the upcoming years. The global Aroma Chemicals market industry was estimated to be worth USD 5,182.4 Million in 2021 and was expected to be worth USD 6,671.70 Million by 2028.

Which region will contribute notably towards the aroma chemicals market value?

In 2021, North America dominated the highest market share in the global aroma chemicals market. North America has seen growth due to increasing demand for aroma chemicals in cosmetics, personal care and the food & beverages industry. Furthermore, the low-fat food & beverages product requires additional flavors for the taste of the final products. The U.S is expected to be the largest market in North America. Furthermore, the Region is very important for the distribution of Global Aroma Chemicals.

Which are the significant players leveraging the aroma chemicals market growth?

The main competitors dominating the global aroma chemicals market include Privi Organics India Limited, BASF SE; Kao Corporation; Takasgo International Corporation; Givaudan; Bell Flowers & Fragrances, Symrise, S H Kelkar and Company.

Which is the major segment in the aroma chemicals market by closure type?

In 2021, the fragrance segment in application outlook dominated the largest share of the global aroma chemicals market due to the advancement of technology to meet the change in consumer demand and growth in the fragrance industry.

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