Aroma chemicals Market Growing at a CAGR of 5.6% during 2017-2022

 In this report, the global Aroma chemicals market was valued at 3798.8 Million USD in 2016 and will reach 5247.2 Million USD by the end of 2022, growing at a CAGR of 5.6% during 2017-2022.


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.


The classification of Aroma chemicals includes Natural Aroma Chemicals and Synthetic Aroma Chemicals, and the proportion of Synthetic Aroma Chemicals in 2016 was about 70%.


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Aroma chemicals is widely used for Foods & Beverages, Cosmetics, Personal & Household Care and Others. The most proportion was sales in Foods & Beverages, and the consumption proportion was about 46% in 2016.


North America, Europe, Asia-Pacific, Latin America, Middle East and Africa are the main region market. Asia-Pacific was the largest sales place, with revenue market share nearly 28.6% in 2016.


Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Aroma Chemicals in these regions, from 2014 to 2026 (forecast), covering


Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

South America (Brazil, Argentina, Columbia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)


Global Aroma Chemicals market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including


BASF

Solvay

Kao

Takasago

Bell Flavors and Fragrances

Sensient Technologies

Symrise

Vigon International

Givaudan

Robertet

T.Hasegawa



On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into


Natural Aroma Chemicals

Synthetic Aroma Chemicals


On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Aroma Chemicals for each application, including


Foods & Beverages

Cosmetics

Personal & Household Care

Others


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