Considering the latest research and development activities, the use of aroma chemicals have penetrated into medical, food and beverages industries, household care and personal care. Encouraged by this, efforts are being taken by the leading manufacturers to bolster product development and diversification. To explore this rapidly rising global aroma chemicals market, a new report has been added to the massive portfolio of Market Research Reports Search Engine’s (MRRSE) research offerings. The report is titled as ‘Aroma Chemicals Market- Global Industry Analysis, Size, Trends, Share, Growth and Forecast 2016-2024’. This report on global aroma chemicals market analyzes the current market conditions as well as its future potential.
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The global aroma chemicals market is forecasted to exhibit a healthy CAGR of 6.2% between 2016 and 2024. At this rate, the market is expected to reach a valuation of US$6.57 billion by the end of 2024 from US$3.85 billion in 2015. The report estimates and forecasts the market at the global, regional, and country levels. The study offers forecast between 2016 and 2024 based on volume and revenue taking 2015 as the base year.
The report also includes a comprehensive value chain analysis for each of the product segments. It also analyzes drivers and restraints for the global market, along with their impact on demand during the forecast years. The report also provides major market indicators impacting the market’s trajectory. It identifies opportunities in the aroma chemicals market at the global and regional level. The report comprises Porter’s Five Forces Model to define the degree of competition in the aroma chemicals market. The report covers a qualitative write-up on market attractiveness analysis, in which type, product, application and countries are analyzed based on attractiveness for each region.
The study provides a comprehensive view of the aroma chemicals market by dividing it into type, application, product and geography. Based on type, the aroma chemicals market is segmented into natural and synthetic aroma chemicals. On the basis of product, the aroma chemicals market is segregated into benzenoids, terpenoids, musk chemicals and others. In terms of application, the aroma chemicals market is segmented into household care, personal care and others. Geographical segmentation includes Europe, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA).
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The report includes detailed competitive outlook including market share and profiles of major players operating in the global market. Key companies profiled in the report include Sensient Flavors and Fragrance, Givaudan, IFF, Firmenich SA, Takasago International Corporation, Symrise, BASF SE, Solvay, Frutarom, KAO CORPORATION, and Robertet SA. Company profiles include attributes such as company overview, brand overview, number of employees, key competitors, business strategies, key developments, business overview, acquisitions and financial overview.
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