Global Aroma Chemicals Market Insights and Forecast to 2028

Aroma chemicals are compounds which consist of smell and odor. Aroma chemicals are an important group of organic molecules used as ingredients in Aroma Chemicals compositions. There are plenty of different molecules which use in production of Aroma Chemicals compositions, of which synthetic ingredients play a major part as components due to their current availability and relatively lower cost as compared with natural molecules. They are also known as aroma, fragrance and odorant among others. Any chemical compound is said to have odor or smell only if it is sufficiently volatile to reach the olfactory system in the upper part of the nose.
They are also known as aroma, fragrance and odorant among others. Any chemical compound is said to have odor or smell only if it is sufficiently volatile to reach the olfactory system in the upper part of the nose.
Market Analysis and Insights: Global Aroma Chemicals Market
Due to the COVID-19 pandemic, the global Aroma Chemicals market size is estimated to be worth US$ 5255.1 million in 2022 and is forecast to a readjusted size of US$ 7370.5 million by 2028 with a CAGR of 5.8% during the review period. Fully considering the economic change by this health crisis, Natural Aroma Chemicals accounting for % of the Aroma Chemicals global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Foods and Beverages segment is altered to an % CAGR throughout this forecast period.
Global Aroma Chemicals key players include BASF, Solvay, Kao, Takasago, Bell Flavors and Fragrances, etc. Global top five manufacturers hold a share over 20%.
Asia-Pacific is the largest market, with a share over 30%, followed by Europe, and North America, both have a share about 50 percent.
In terms of product, Synthetic Aroma Chemicals is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Foods and Beverages, followed by Personal and Household Care, Cosmetics, etc.
In terms of production side, this report researches the Aroma Chemicals capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Aroma Chemicals by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Aroma Chemicals Scope and Segment
Aroma Chemicals market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Aroma Chemicals market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Natural Aroma Chemicals
Synthetic Aroma Chemicals
Segment by Application
Foods and Beverages
Cosmetics
Personal and Household Care
Others
By Company
BASF
Solvay
Kao
Takasago
Bell Flavors and Fragrances
Sensient Technologies
Symrise
Vigon International
Givaudan
Robertet
T.Hasegawa
Treatt
Jiaxing Wintrust Flavours Co., Ltd.
YingYang (China) Aroma Chemical Group
Silverline Chemicals Ltd
PFW Aroma Chemicals B.V.
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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