Global Natural Fragrance Ingredients Category - Procurement Market Intelligence Report
About Natural Fragrance Ingredients
Global natural fragrance ingredients market is an all-inclusive guide enabling procurement professionals to make smart purchasing decisions. Global home and personal care brands are increasingly announcing product transparency initiatives to provide end-consumers with improved access to in-depth ingredient information. The initiatives launched mainly in the US and Europe are increasing the reliance of home and personal care brands on the need to reduce the use of synthetic-based fragrance ingredients and partner with suppliers that provide a wide choice of natural fragrance-based ingredients.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Natural Fragrance Ingredients Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Natural Fragrance Ingredients Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Press Release
SpendEdge Announces the Publication of its Procurement Research Report – Global Natural Fragrance Ingredients Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Natural Fragrance Ingredients Category - Procurement Market Intelligence Report: Givaudan, Firmenich, Symrise, International Flavors & Fragrances, and Takasago.
Commenting on the report, an analyst from SpendEdge said: “Buyers must ensure that their suppliers have an effective set of safety management and sanitary control at production and processing facilities.”
According to the report, major global home and personal care brands are increasingly announcing product transparency initiatives to provide end-consumers with improved access to in-depth ingredient information.
Further, the report states that one of the key procurement challenges faced by buyers is the increasing supply chain complexity due to intensive regulatory approval and excessive documentation.
Companies Mentioned
Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Takasago
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