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Aroma Chemicals Market, Global Outlook and Forecast 2023-2029

Aroma Chemicals Market, Global Outlook and Forecast 2023-2029

  • Published on : 21 March 2023
  • Pages :116
  • Report Code:SMR-7607426

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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for Aroma Chemicals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aroma Chemicals. This report contains market size and forecasts of Aroma Chemicals in global, including the following market information:
Global Aroma Chemicals Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Aroma Chemicals Market Sales, 2018-2023, 2024-2029, (K MT)

Global top five Aroma Chemicals companies in 2022 (%)
The global Aroma Chemicals market was valued at US$ 5087.1 million in 2022 and is projected to reach US$ 7425 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Aroma Chemicals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aroma Chemicals Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aroma Chemicals Market Segment Percentages, by Type, 2022 (%)
  • Natural Aroma Chemicals
  • Synthetic Aroma Chemicals
Global Aroma Chemicals Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aroma Chemicals Market Segment Percentages, by Application, 2022 (%)
  • Foods and Beverages
  • Cosmetics
  • Personal and Household Care
  • Others
Global Aroma Chemicals Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Aroma Chemicals Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Aroma Chemicals revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Aroma Chemicals revenues share in global market, 2022 (%)
  • Key companies Aroma Chemicals sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Aroma Chemicals sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • 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.
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Aroma Chemicals, market overview.
  • Chapter 2: Global Aroma Chemicals market size in revenue and volume.
  • Chapter 3: Detailed analysis of Aroma Chemicals manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Aroma Chemicals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Aroma Chemicals capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.