Aroma Ingredients Market for Personal Care Industry by Type (Synthetic Ingredients, Natural Ingredients), Application (Fine Fragrances, Toiletries, and Cosmetics), and Region (APAC, Europe, North America) - Global Forecast to 2023

Aroma Ingredients Market for Personal Care Industry by Type (Synthetic Ingredients, Natural Ingredients), Application (Fine Fragrances, Toiletries, and Cosmetics), and Region (APAC, Europe, North America) - Global Forecast to 2023

In terms of value, the aroma ingredients market is projected to grow at a CAGR of 4.5% from 2018 to 2023
The aroma ingredients market is projected to grow from USD 2.27 billion in 2018 to USD 2.83 billion by 2023, at a CAGR of 4.5% during the forecast period. The rising demand for personal care products, coupled with changes in lifestyles and consumer preferences are expected to drive the growth of the market for aroma ingredients across the globe. However, the requirement of significant investments in R&D and stringent governmental regulations regarding the use of aroma ingredients in personal care product formulations are hampering market growth.

Based on type, the synthetic ingredients segment led the aroma ingredients market in 2017
The demand for synthetic ingredients is very high in various applications due to low cost and easy availability. Moreover, synthetic ingredients are consistent in quality and price, unlike natural ingredients. Hence there is high demand in the aroma ingredients market for products for the personal care industry.

The toiletries application is projected to grow at the highest CAGR, in terms of value during the forecast period
The toiletries application of the aroma ingredients market is expected to register the highest CAGR in terms of value between 2018 and 2023. Increasing purchasing power of middle-class populations is leading to growth in demand for soaps, shampoos, conditioners, and hygiene products in emerging countries, which in turn, is fueling growth of the aroma ingredients in the toiletries application.

The APAC aroma ingredients market is projected to grow at the highest CAGR, in terms of value during the forecast period
The APAC aroma ingredients market is projected to grow at the highest CAGR, in terms of value between 2018 and 2023. Economic growth in emerging countries and increasing disposable incomes of the middle-class populations of the APAC region are making it an attractive market for manufacturers of aroma ingredients. Increasing awareness among masses regarding skin, hair, and oral care, changing lifestyles of the middle-class populations of the region due to their growing disposable incomes, and increasing popularity of organic skin care products are some of the major factors expected to fuel the growth of the APAC aroma ingredients market during the forecast period.

Breakdown of profiles of primary participants for the report:
By Company Type: Tier 1 - 45%, Tier 2 - 22%, and Tier 3 - 33%
By Designation: C Level - 50%, Director Level - 10%, and Others - 40%
By Region: Europe - 33%, the Middle East & Africa - 25%, North America - 17%, APAC- 17%, and South America - 8%

Some of the key companies profiled in this report are Symrise (Germany), Takasago International Corporation (Japan), Sensient Technologies Corporation (US), MANE (France), Robertet SA (France), T. Hasegawa Co., Ltd. (Japan), Frutarom (Israel), Givaudan (Switzerland), Firmenich SA (Switzerland), and International Flavors & Fragrances Inc. (US).

Research Coverage
The aroma ingredients market has been segmented based on type, application, and region. Based on type, the market has been segmented into synthetic ingredients and natural ingredients. Based on application, the aroma ingredients market has been segmented into fine fragrances, toiletries, and cosmetics. The market has also been studied for APAC, Europe, North America, the Middle East & Africa, and South America.

Key Benefits of Buying the Report
This report covers the following studies:
Market segmentation based on type, application, and region
Market dynamics including drivers, restraints, and opportunities that impact the growth of the aroma ingredients market
Porter’s five forces analysis for the aroma ingredients market
Profiles of the key players operating in the aroma ingredients market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE AROMA INGREDIENTS MARKET
    • AROMA INGREDIENTS MARKET, BY TYPE
    • AROMA INGREDIENTS MARKET, BY APPLICATION
    • AROMA INGREDIENTS MARKET IN EUROPE, BY APPLICATION AND COUNTRY
    • AROMA INGREDIENTS MARKET ATTRACTIVENESS
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • AROMA INGREDIENTS MARKET, BY TYPE
    • INTRODUCTION
      • Table AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • SYNTHETIC INGREDIENTS
      • Table SYNTHETIC AROMA INGREDIENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NATURAL INGREDIENTS
      • Table NATURAL AROMA INGREDIENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • AROMA INGREDIENTS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • FINE FRAGRANCES
      • Table AROMA INGREDIENTS MARKET SIZE IN FINE FRAGRANCES APPLICATION, BY REGION, 2016–2023 (USD MILLION)
    • TOILETRIES
      • Table AROMA INGREDIENTS MARKET SIZE IN TOILETRIES APPLICATION, BY REGION, 2016–2023 (USD MILLION)
    • COSMETICS
      • Table AROMA INGREDIENTS MARKET SIZE IN COSMETICS APPLICATION, BY REGION, 2016–2023 (USD MILLION)
  • AROMA INGREDIENTS MARKET, BY REGION
    • INTRODUCTION
      • Table AROMA INGREDIENTS MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: AROMA INGREDIENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table EUROPE: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • Table EUROPE: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • FRANCE
        • Table FRANCE: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table FRANCE: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • GERMANY
        • Table GERMANY: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table GERMANY: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • ITALY
        • Table ITALY: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table ITALY: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • UK
        • Table UK: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table UK: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • APAC
      • Table APAC: AROMA INGREDIENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table APAC: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • Table APAC: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • CHINA
        • Table CHINA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table CHINA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table JAPAN: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • INDIA
        • Table INDIA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table INDIA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • SINGAPORE
        • Table SINGAPORE: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SINGAPORE: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SOUTH KOREA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • US
        • Table US: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table US: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • CANADA
        • Table CANADA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table CANADA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • MEXICO
        • Table MEXICO: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table MEXICO: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: AROMA INGREDIENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • TURKEY
        • Table TURKEY: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table TURKEY: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table SAUDI ARABIA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • UAE
        • Table UAE: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table UAE: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • Table SOUTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • Table SOUTH AMERICA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table BRAZIL: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table ARGENTINA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
      • COLOMBIA
        • Table COLOMBIA: AROMA INGREDIENTS MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
        • Table COLOMBIA: AROMA INGREDIENTS MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING
      • GIVAUDAN
      • FIRMENICH SA
      • IFF
    • COMPETITIVE SCENARIO
      • EXPANSION
        • Table EXPANSION, 2014–2018
      • ACQUISITION
        • Table ACQUISITION, 2014–2018
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2014–2018
      • COLLABORATION, CONTRACT & AGREEMENT
        • Table COLLABORATION, CONTRACT & AGREEMENT, 2014–2018
      • INVESTMENT
        • Table INVESTMENT, 2014–2018
  • COMPANY PROFILES
    • GIVAUDAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • FIRMENICH SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • INTERNATIONAL FLAVORS & FRAGRANCES INC. (IFF)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SYMRISE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TAKASAGO INTERNATIONAL CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FRUTAROM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MANE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ROBERTET SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SENSIENT TECHNOLOGIES CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • T. HASEGAWA CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • OTHER KEY PLAYERS
      • BEL FLAVORS & FRAGRANCES
      • OGAWA & CO., LTD
      • HUABAO
      • SOLVAY
      • KAO CORPORATION
      • VIGON INTERNATIONAL, INC.
      • YINGYANG (CHINA) AROMA CHEMICAL GROUP
      • S H KELKAR AND COMPANY LIMITED
  • APPENDIX
    • DISCUSSION GUIDE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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