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Aroma Chemicals Market

Published Jul 18, 2025
Length 210 Pages
SKU # GV20303595

Description

Aroma Chemicals Market Summary

The global aroma chemicals market size was estimated at USD 6,098.2 million in 2024 and is projected to reach USD 9,920.1 million by 2033, growing at a CAGR of 5.7% from 2025 to 2033. The growth is primarily driven by the rising demand for natural and sustainable ingredients across the food & beverage, personal care, and home care industries.

Increasing consumer preference for clean-label and wellness-oriented products, coupled with the expansion of the global fragrance and flavor sectors, is fueling the adoption of both synthetic and bio-based aroma compounds. The global aroma chemicals industry presents significant growth opportunities driven by the accelerating shift toward natural, sustainable, and bio-based ingredients. Advancements in biotechnology, particularly fermentation-based aroma production, are enabling manufacturers to develop high-purity, nature-identical compounds at scale. The growing popularity of functional fragrances in wellness products, aromatherapy, and premium personal care is creating demand for novel and complex aroma profiles.

Despite strong growth potential, the aroma chemicals market faces several challenges, including stringent regulatory frameworks imposed by agencies such as IFRA, REACH, and the FDA, which limit the use of certain synthetic compounds due to health and environmental concerns. Additionally, volatility in the availability and pricing of natural raw materials, driven by climatic conditions and supply chain disruptions, can hinder consistent production.

Global Aroma Chemicals Market Report Segmentation

This report forecasts volume & revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global aroma chemicals market report based on source, chemicals, application, and region.
  • Source Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • Natural
  • Synthetic
  • Natural-identical
  • Chemicals Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • Benzenoids
  • Musk chemicals
  • Terpenes & Terpenoids
  • Others (Ketones, Esters, Aldehydes)
  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • Flavors
  • Confectionery
  • Convenience Food
  • Bakery Food
  • Dairy Products
  • Beverages
  • Others
  • Fragrance
  • Fine Fragrance
  • Cosmetics and Toiletries
  • Soaps and Detergents
  • Others
  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Latin America
  • Brazil
  • Argentina
Please note The report will be delivered in 2-3 business days upon order notification.

Table of Contents

210 Pages
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market formulation & Data Visualization
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2024 (USD Million) (Kilotons)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Aroma Chemicals Market Variables, Trends & Scope
3.1. Market Lineage/Ancillary Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales Channel Analysis
3.2.2. Manufacturing Trends/Technological Advancements
3.2.3. Raw Material Trends
3.3. Price Trend Analysis, 2021-2030
3.3.1. Factors Influencing Prices
3.4. Regulatory Framework
3.4.1. Analyst Perspective
3.4.2. Regulations & Standards
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Opportunities
3.5.4. Industry Challenges
3.6. Business Environmental Tools Analysis: Aroma Chemicals Market
3.6.1. Porter’s Five Forces Analysis
3.6.1.1. Bargaining Power of Suppliers
3.6.1.2. Bargaining Power of Buyers
3.6.1.3. Threat of Substitution
3.6.1.4. Threat of New Entrants
3.6.1.5. Competitive Rivalry
3.6.2. PESTLE Analysis
3.6.2.1. Political Landscape
3.6.2.2. Economic Landscape
3.6.2.3. Social Landscape
3.6.2.4. Polymer Material Landscape
3.6.2.5. Environmental Landscape
3.6.2.6. Legal Landscape
Chapter 4. Aroma Chemicals Market: Source Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Source Movement Analysis & Market Share, 2024 & 2033
4.3. Global Aroma Chemicals Market By Source, 2021 - 2033 (USD Million) (Kilotons)
4.4. Natural
4.4.1. Aroma Chemicals Market Estimates And Forecasts, for Natural, 2021 - 2033 (USD Million)
4.5. Synthetic
4.5.1. Aroma Chemicals Market Estimates And Forecasts, for Synthetic, 2021 - 2033 (USD Million)
4.6. Natural-identical
4.6.1. Aroma Chemicals Market Estimates And Forecasts, for Natural-identical, 2021 - 2033 (USD Million)
Chapter 5. Aroma Chemicals Market: Chemicals Estimates & Trend Analysis
5.1. Key Takeaways
5.2. Chemicals Movement Analysis & Market Share, 2024 & 2033
5.3. Global Aroma Chemicals Market By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
5.4. Benzenoids
5.5. Aroma Chemicals Market Estimates And Forecasts, for Benzenoids, 2021 - 2033 (USD Million) (Kilotons)
5.6. Musk chemicals
5.7. Aroma Chemicals Market Estimates And Forecasts, for Musk chemicals, 2021 - 2033 (USD Million) (Kilotons)
5.8. Terpenes & Terpenoids
5.9. Aroma Chemicals Market Estimates And Forecasts, for Terpenes & Terpenoids, 2021 - 2033 (USD Million) (Kilotons)
5.10. Others (Ketones, Esters, Aldehydes)
5.11. Aroma Chemicals Market Estimates And Forecasts, for Others (Ketones, Esters, Aldehydes), 2021 - 2033 (USD Million) (Kilotons)
Chapter 6. Aroma Chemicals Market: Application Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2033
6.3. Global Aroma Chemicals Market By Application, 2021 - 2033 (USD Million) (Kilotons)
6.4. Flavors
6.4.1. Aroma Chemicals Market Estimates And Forecasts, for Flavors, 2021 - 2033 (USD Million)
6.4.1.1. Confectionery
6.4.1.2. Market Estimates And Forecasts, for Confectionery, 2021 - 2033 (USD Million)
6.4.1.3. Convenience Food
6.4.1.3.1. Market Estimates And Forecasts, for Convenience Food, 2021 - 2033 (USD Million)
6.4.1.4. Bakery Food
6.4.1.4.1. Market Estimates And Forecasts, for Bakery Food, 2021 - 2033 (USD Million)
6.4.1.5. Dairy Products
6.4.1.5.1. Market Estimates And Forecasts, for Dairy Products, 2021 - 2033 (USD Million)
6.4.1.6. Beverages
6.4.1.6.1. Market Estimates And Forecasts, for Beverages, 2021 - 2033 (USD Million)
6.4.1.7. Others
6.4.1.7.1. Market Estimates And Forecasts, for Others, 2021 - 2033 (USD Million)
6.5. Fragrance
6.5.1. Aroma Chemicals Market Estimates And Forecasts, for Fragrance, 2021 - 2033 (USD Million)
6.5.1.1. Fine Fragrance
6.5.1.2. Market Estimates And Forecasts, for Fine Fragrance, 2021 - 2033 (USD Million)
6.5.1.3. Cosmetics and Toiletries
6.5.1.4. Market Estimates And Forecasts, for Cosmetics and Toiletries, 2021 - 2033 (USD Million)
6.5.1.5. Soaps and Detergents
6.5.1.6. Market Estimates And Forecasts, for Soaps and Detergents, 2021 - 2033 (USD Million)
6.5.1.7. Others
6.5.1.8. Market Estimates And Forecasts, for Others, 2021 - 2033 (USD Million)
Chapter 7. Aroma Chemicals Market: Regional Estimates & Trend Analysis
7.1. Key Takeaways
7.2. Regional Market Share Analysis, 2024 & 2033
7.3. North America
7.3.1. North America Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.3.2. North America Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.3.3. North America Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.3.4. North America Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.3.5. U.S.
7.3.5.1. U.S. Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.3.5.2. U.S. Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.3.5.3. U.S. Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.3.5.4. U.S. Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.3.6. Canada
7.3.6.1. Canada Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.3.6.2. Canada Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.3.6.3. Canada Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.3.6.4. Canada Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.3.7. Mexico
7.3.7.1. Mexico Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.3.7.2. Mexico Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.3.7.3. Mexico Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.3.7.4. Mexico Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.4. Europe
7.4.1. Europe Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.2. Europe Aroma Chemicals Market Estimates And Forecasts, Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.3. Europe Aroma Chemicals Market Estimates And Forecasts, Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.4.4. Europe Aroma Chemicals Market Estimates And Forecasts, Application, 2021 - 2033 (USD Million) (Kilotons)
7.4.5. Germany
7.4.5.1. Germany Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.5.2. Germany Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.5.3. Germany Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.4.6. UK
7.4.6.1. UK Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.6.2. UK Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.6.3. UK Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.4.7. France
7.4.7.1. France Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.7.2. France Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.7.3. France Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.4.8. Italy
7.4.8.1. Italy Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.8.2. Italy Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.8.3. Italy Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.4.9. Spain
7.4.9.1. Spain Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.4.9.2. Spain Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.4.9.3. Spain Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.5. Asia Pacific
7.5.1. Asia Pacific Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.5.2. Asia Pacific Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.5.3. Asia Pacific Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.5.4. Asia Pacific Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.5.5. China
7.5.5.1. China Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.5.5.2. China Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.5.5.3. China Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.5.5.4. China Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.5.6. India
7.5.6.1. India Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.5.6.2. India Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.5.6.3. India Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.5.6.4. India Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.5.7. Japan
7.5.7.1. Japan Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.5.7.2. Japan Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.5.7.3. Japan Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.5.7.4. Japan Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.5.8. South Korea
7.5.8.1. South Korea Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.5.8.2. South Korea Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.5.8.3. South Korea Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.5.8.4. South Korea Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.6. Middle East & Africa
7.6.1. Middle East & Africa Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.6.2. Middle East & Africa Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.6.3. Middle East & Africa Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.6.4. Middle East & Africa Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.6.5. Saudi Arabia
7.6.5.1. Saudi Arabia Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.6.5.2. Saudi Arabia Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.6.5.3. Saudi Arabia Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.6.5.4. Saudi Arabia Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.6.6. South Africa
7.6.6.1. South Africa Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.6.6.2. South Africa Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.6.6.3. South Africa Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.6.6.4. South Africa Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.7. Latin America
7.7.1. Latin America Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.7.2. Latin America Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.7.3. Latin America Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.7.4. Latin America Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.7.5. Brazil
7.7.5.1. Brazil Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.7.5.2. Brazil Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.7.5.3. Brazil Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.7.5.4. Brazil Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
7.7.6. Argentina
7.7.6.1. Argentina Aroma Chemicals Market Estimates And Forecasts, 2021 - 2033 (USD Million) (Kilotons)
7.7.6.2. Argentina Aroma Chemicals Market Estimates And Forecasts, By Source, 2021 - 2033 (USD Million) (Kilotons)
7.7.6.3. Argentina Aroma Chemicals Market Estimates And Forecasts, By Chemicals, 2021 - 2033 (USD Million) (Kilotons)
7.7.6.4. Argentina Aroma Chemicals Market Estimates And Forecasts, By Application, 2021 - 2033 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
8.1. Key Players, their Recent Developments, and their Impact on Industry
8.2. Competition Categorization
8.3. Company Market Position Analysis
8.4. Company Heat Map Analysis
8.5. Strategy Mapping, 2024
8.6. Company Listing
8.6.1. Privi Organics India Limited
8.6.1.1. Company Overview
8.6.1.2. Financial Performance
8.6.1.3. Source Type Benchmarking
8.6.1.4. Strategic Initiatives
8.6.2. BASF SE
8.6.2.1. Company Overview
8.6.2.2. Financial Performance
8.6.2.3. Source Type Benchmarking
8.6.2.4. Strategic Initiatives
8.6.3. Kao Corporation
8.6.3.1. Company Overview
8.6.3.2. Financial Performance
8.6.3.3. Source Type Benchmarking
8.6.3.4. Strategic Initiatives
8.6.4. Takasgo International Corporation
8.6.4.1. Company Overview
8.6.4.2. Financial Performance
8.6.4.3. Source Type Benchmarking
8.6.4.4. Strategic Initiatives
8.6.5. Givaudan
8.6.5.1. Company Overview
8.6.5.2. Financial Performance
8.6.5.3. Source Type Benchmarking
8.6.5.4. Strategic Initiatives
8.6.6. Bell Flowers & Fragrances
8.6.6.1. Company Overview
8.6.6.2. Financial Performance
8.6.6.3. Source Type Benchmarking
8.6.6.4. Strategic Initiatives
8.6.7. Symrise
8.6.7.1. Company Overview
8.6.7.2. Financial Performance
8.6.7.3. Source Type Benchmarking
8.6.7.4. Strategic Initiatives
8.6.8. S H Kelkar and Company
8.6.8.1. Company Overview
8.6.8.2. Financial Performance
8.6.8.3. Source Type Benchmarking
8.6.8.4. Strategic Initiatives
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