Global Aroma Chemicals Market 2017-2021

Global Aroma Chemicals Market 2017-2021

About Aroma Chemicals

Aroma chemicals, also called odorants or fragrances, are natural or synthetic compounds that are characterized by their pleasant smell. These compounds are usually obtained from essential oils and the aromatic compounds. They have a molecular weight less than 300 Da and are extremely volatile and tend to vaporize. Aroma chemicals are used in the products to provide a specific fragrance or to mask the smell of the other product ingredients.

Technavio’s analysts forecast the global aroma chemicals market to grow at a CAGR of 5.42% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global aroma chemicals market for 2017-2021. To calculate the market size, the report considers the sales of different types of aroma chemicals used in soaps and detergents, cosmetics and toiletries, fine fragrances, household products, food and beverages, and other application segments in key regions. The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Aroma Chemicals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • S H Kelkar And Company
  • Givaudan
  • Kao Corporation
  • Symrise
  • Takasago International Corporation
Other prominent vendors
  • Agilex Flavors & Fragrances
  • AromaTech International
  • BASF
  • Bell Flavors & Fragrances
  • China Flavors & Fragrances
  • CPL Aromas
  • Eternis
  • Firmenich
  • Hindustan Mint and Agro Products
  • ICC Industries
  • International Flavors & Fragrances
  • Kalpsutra Chemicals
  • Robertet
  • Silverline Chemicals
  • Solvay
  • T. Hasegawa
  • V. MANE FILS SA
  • Veera Fragrances
  • Wangxiang International
Market driver
  • Change in consumer preferences
  • For a full, detailed list, view our report
Market challenge
  • High R&D cost
  • For a full, detailed list, view our report
Market trend
  • Surge in demand for natural aroma chemicals
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Aroma Chemicals Market 2017-2021

Technavio recognizes the following companies as the key players in the global aroma chemicals market: S H Kelkar And Company, Givaudan, Kao Corporation, Symrise, and Takasago International Corporation.

Other Prominent Vendors in the market are: Agilex Flavors & Fragrances, AromaTech International, BASF, Bell Flavors & Fragrances, China Flavors & Fragrances, CPL Aromas, Eternis, Firmenich, Hindustan Mint and Agro Products, ICC Industries, International Flavors & Fragrances, Kalpsutra Chemicals, Robertet, Silverline Chemicals, Solvay, T. Hasegawa, V. MANE FILS SA, Veera Fragrances, and Wangxiang International.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is surge in demand for natural aroma chemicals. Health problems such as allergies, skin problems, migraines, eczema, and carcinogenic effects are on the rise due to the increase in the use of fragrance and aroma products derived from the synthetic sources. Around 90% of the synthetic aroma chemicals are derived from petroleum and natural gas.”

According to the report, one of the major drivers for this market is change in consumer preferences. The study of perception and consumer buying behavior is one the key factor in analyzing the performance and growth perspective of an industry. The consumer behavior indicates how individuals and organization select, use, and dispose the goods or services.

Further, the report states that one of the major factors hindering the growth of this market is high R&D cost. Aroma chemicals are crucial for manufacturing many products. Though the cost of raw materials is high, manufacturers are under pressure to spend more on R&D to improve the products and retain existing customers. Changing consumer preferences is affecting the global aroma chemicals market, which requires manufacturers to develop new and interesting solutions to cater to the customer's needs. The certification process that ensures the quality and safety of the product is also an expensive procedure. Therefore, the high R&D costs involved in the aroma chemicals market is a challenge to the vendors in the market.



Companies Mentioned

S H Kelkar And Company, Givaudan, Kao Corporation, Symrise, Takasago International Corporation, Agilex Flavors & Fragrances, AromaTech International, BASF, Bell Flavors & Fragrances, China Flavors & Fragrances, CPL Aromas, Eternis, Firmenich, Hindustan Mint and Agro Products, ICC Industries, International Flavors & Fragrances, Kalpsutra Chemicals, Robertet, Silverline Chemicals, Solvay, T. Hasegawa, V. MANE FILS SA, Veera Fragrances, Wangxiang International.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Global aroma chemicals market
      • Table Segmentation of aroma chemicals market by chemical type
      • Table Segmentation of aroma chemicals market by application
      • Table Segmentation of aroma chemicals market by geography
    • Top-vendor offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
      • Table Classification of aroma chemicals
    • Aroma chemicals by type of raw material
      • Table Aroma chemicals by type of raw material
  • Market landscape
    • Global aroma chemicals market
      • Table Global aroma chemicals market 2016 and 2021 ($ millions)
      • Table Forecast of global aroma chemicals market 2016-2021
    • Global customer base concentration
      • Table Global aroma chemicals market: Concentration of customer base by region
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by chemical type
    • Global aroma chemicals market by chemical type
      • Table Global aroma chemicals market by chemical type 2016
      • Table Global aroma chemicals market by chemical type 2021
      • Table YoY market share of aroma chemicals by chemical type 2016-2021
    • Global aroma chemicals market by terpenes
      • Table Global aroma chemicals market by terpenes 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market by terpenes 2016-2021
    • Global aroma chemicals market by benzenoids
      • Table Global aroma chemicals market by benzenoids 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market by benzenoids 2016-2021
    • Global aroma chemicals market by musk chemicals
      • Table Global aroma chemicals market by musk chemicals 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market by musk chemicals 2016-2021
    • Global market for other aroma chemicals
      • Table Global market for other aroma chemicals 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market by musk chemicals 2016-2021
  • Market segmentation by application
    • Global aroma chemicals market by application
      • Table Global aroma chemicals market by application 2016
      • Table Global aroma chemicals market by application 2021
      • Table YoY market share of aroma chemicals by application 2016-2021
    • Global aroma chemicals market in soaps and detergents segment
      • Table Global aroma chemicals market in soaps and detergents segment 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market in soaps and detergents segment 2016-2021
    • Global aroma chemicals market in cosmetics and toiletries segment
      • Table Global aroma chemicals market in cosmetics and toiletries segment 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market in cosmetics and toiletries segment 2016-2021
    • Global aroma chemicals market in fine fragrances segment
      • Table Global aroma chemicals market in fine fragrances segment 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market in fine fragrances segment 2016-2021
    • Global aroma chemicals in other applications segment
      • Table Global aroma chemicals market in other applications segment 2016 and 2021 ($ millions)
      • Table Global aroma chemicals market in other applications segment 2016-2021
  • Geographic segmentation
    • Global aroma chemicals market by geography
      • Table Geographic segmentation 2016
      • Table Geographic segmentation 2021
      • Table YoY market share of aroma chemicals by geography 2016-2021
    • Aroma chemicals market in APAC
      • Table Aroma chemicals market in APAC 2016 and 2021 ($ millions)
      • Table Aroma chemicals market in APAC 2016-2021
    • Aroma chemicals market in Americas
      • Table Aroma chemicals market in Americas 2016 and 2021 ($ millions)
      • Table Aroma chemicals market in Americas 2016-2021
    • Aroma chemicals market in EMEA
      • Table Aroma chemicals market in EMEA 2016 and 2021 ($ millions)
      • Table Aroma chemicals market in EMEA 2016-2021
  • Market drivers
    • Change in consumer preferences
    • Growth in end-user markets
      • Table Global personal care products market 2016-2021 ($ billions)
      • Table Global fragrances and perfumes market 2016-2021 ($ billions)
    • Rise in demand from APAC and South America
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High R&D cost
    • Compliance with quality and regulatory standards
    • Intense competition
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Surge in demand for natural aroma chemicals
    • Increased penetration in emerging markets
    • Advances in technology and emerging applications
  • Vendor landscape
    • Competitive scenario
    • Key market vendors
      • Table Key vendors in global aroma chemicals market 2016
    • Other prominent vendors
    • Givaudan
      • Table Givaudan: Business segmentation by revenue 2015
      • Table Givaudan: Geographic segmentation by revenue 2015
      • Table Givaudan: Business segmentation in fragrance chemicals 2015
    • Kao Corporation
      • Table Kao: Business segmentation by revenue 2015
      • Table Kao Corporation: Geographic segmentation by revenue 2015
    • S H Kelkar and Company Limited
      • Table S H Kelkar and Company Limited: Business segmentation 2015
      • Table S H Kelkar and Company Limited: Geographic segmentation by revenue 2015
    • Symrise
      • Table Symrise: Business segmentation by revenue 2015
      • Table Symrise: Geographic segmentation by revenue 2015
    • Takasago International Corporation
      • Table Takasago International Corporation: Business segmentation by revenue 2016
      • Table Takasago International Corporation: Geographic segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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