USD 2.83 billion growth in Fragrance Ingredients Market | 38% of the growth to originate from North America | Technavio

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NEW YORK, June 27, 2022 /PRNewswire/ -- The latest market analysis report titled Fragrance Ingredients Market by Type and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report predicts the market to witness a potential growth difference of USD 2.38 billion from 2020 to to 2025. The market is anticipated to garner an accelerating growth momentum at a CAGR of 3.90% during the forecast period. The market is anticipated to witness considerable growth due to key factors including the growing demand for cosmetic products and surging popularity of anti-ageing products. However. the low shelf of these products will emerge as a key threat for the fragrance ingredients market growth during the forecast period.

Technavio has announced its latest market research report titled Fragrance Ingredients Market by Type and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Fragrance Ingredients Market by Type and Geography - Forecast and Analysis 2021-2025

View Market Sample Report for More Insights on CAGR and YOY growth analysis

Fragrance Ingredients Market: Type Landscape

  • Essential oils: The essential oils type segment held the largest fragrance ingredients market share in 2020. The segment will continue to account for the highest revenue throughout the forecast period. The growth of the segment will be attributed to the growing preference for natural ingredients.

  • Aroma chemicals

Fragrance Ingredients Market: Geographic Landscape

  • North America: 38% of the market's growth will originate from North America during the forecast period. The US is the key market for fragrance ingredients in North America. Market growth in this region will be slower than the growth of the market in the European, APAC, and South American regions. The presence of many vendors that offer fragrance ingredients in the US will propel the fragrance ingredients market growth in North America over the forecast period.

  • Europe

  • APAC

  • South America

  • MEA

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Fragrance Ingredients Market: Vendor Landscape

  • The fragrance ingredients market is fragmented and the vendors are deploying growth strategies such as the expansion of production plants and acquisition of local companies to compete in the market.

  • To make the most of the opportunities and recover from post pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

  • The fragrance ingredients market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Top Companies Covered and their key offerings :

  • BASF SE: The company offers wide range of fragrance ingredients such as Rose oxide 70, Dihydrorosan, Citral N, Geraniol Extra etc.

  • BRENNTAG AG: The company offers wide range of fragrance ingredients such as COCOA BUTTER WAX, KAOLIN - USP/BC 2596, POLARGEL HV BC 50 etc.

  • Ernesto Ventos SA: The company offers wide range of fragrance ingredients such as 1,3-DIMETHOXYBENZENE, 1,4-CINEOLE, 1-OCTEN-3-OL, 2,3-DIETHYLPYRAZINE etc.

  • Firmenich SA: The company offers wide range of fragrance ingredients such as ALDEHYDE C 9, ALDEHYDE MNA, ALDEHYDE MOA, ALDEHYDE SUPRA etc.

  • Givaudan SA: The company offers wide range of fragrance ingredients such as Acetal CD, 1 Acetal E, Benzyl Laurate, Benzyl Propionate etc

  • Huabao International Holdings Ltd.: The company offers wide range of fragrance ingredients such as Natural Methanol, Natural Propanol, Natural Isobutanol, Natural Phenylpropanol etc.

  • International Flavors and Fragrances Inc.

  • Symrise AG

  • Synthite Industries Pvt. Ltd.

  • The MANE Group

Want to to know more about the product offerings of other contributing vendors., Buy this Report Sample right here!

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2020, 2021, until 2025

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

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Fragrance Ingredients Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.90%

Market growth 2021-2025

$ 2.83 billion

Market structure

Fragmented

YoY growth (%)

3.77

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 38%

Key consumer countries

US, China, Germany, UK, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BASF SE, BRENNTAG AG, Ernesto Ventos SA, Firmenich SA, Givaudan SA, Huabao International Holdings Ltd., International Flavors and Fragrances Inc., Symrise AG, Synthite Industries Pvt. Ltd., and The MANE Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces analysis 2020 & 2025

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Essential oils - Market size and forecast 2020-2025

  • Aroma chemicals - Market size and forecast 2020-2025

  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2020-2025

  • Europe - Market size and forecast 2020-2025

  • APAC - Market size and forecast 2020-2025

  • South America - Market size and forecast 2020-2025

  • MEA - Market size and forecast 2020-2025

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • BASF SE

  • BRENNTAG AG

  • Ernesto Ventos SA

  • Firmenich SA

  • Givaudan SA

  • Huabao International Holdings Ltd.

  • International Flavors and Fragrances Inc.

  • Symrise AG

  • Synthite Industries Pvt. Ltd.

  • The MANE Group

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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