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U.S. aroma chemicals market size exceeded USD 1 Billion in 2020 and is estimated to grow at over 5.5% CAGR between 2021 and 2027 owing to rising consumer spending on scented products for enhancing the experience. Growing usage of fragrances in various products including personal care, toiletries, soaps & detergents will spur product demand.
Aroma chemicals are substances that are used to impart unique scents which can reach olfactory nerves. These scents are made with synthetic ingredients or extracted from natural sources such as plants. These chemicals are used to enhance the aromatic content of various products including personal care, soaps & detergents, cosmetics and food & beverage. Increasing demand for fragrance chemicals for perfume application is expected to stimulate U.S. aroma chemicals market growth.
Benzenoid product is estimated to be over USD 735 million by end of 2027. Increasing demand for benzenoids for cosmetics & personal care products including shampoos, soaps and hair care products owing to its ability to offer high stability should augment market growth. Benzenoids aromatic compound includes vanillin, cinnamaldehyde and benzyl benzoate which are used for different applications including household and perfumery. Vanillin is used to avoid unpleasant odors in medicines, animal feed and cleaning products and is anticipated to propel product demand. Also, growing use of scented essential oil in aromatherapy should augment the aroma chemicals market demand in U.S. region.
Report Attribute | Details |
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Base Year: | 2020 |
U.S. Aroma Chemicals Market Size in 2020: | 1.31 (USD) Billion |
Forecast Period: | 2021 to 2027 |
Historical Data for: | 2016 to 2027 |
No. of Pages: | 167 |
Tables, Charts & Figures: | 99 |
Segments covered: | Product, Source, Application |
Growth Drivers: |
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Pitfalls & Challenges: |
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Cinnamaldehyde offers pungent odor, antibacterial and antifungal property owing to its application in production of scented candles. Benzaldehyde offers almond flavor owing to its application in cosmetics and food & beverages. Benzyl benzoate is used as a fragrance fixative in making fragrance for products including lotions, shampoos, moisturizers, and perfumes. Evolving consumer trend in U.S. region has driven demand for luxury products to enhance experience and well-being. This trend is anticipated to raise demand for scented products and perfumes which should propel the U.S. aroma chemicals market share.
U.S. aroma chemicals market revenue by natural was recorded at over USD 515 million in 2020 which shows positive impact on product market growth. Rising consumer awareness about the harmful effects of synthetic products in U.S. region has led to increased demand for natural extracts and raw materials in perfumes. Consumers are focusing on reducing the use of chemical products owing to awareness about chemical toxicity on skin and health. Increasing consumer demand for products that are naturally sourced such as plants and animals to propel market growth.
Natural aroma ingredients are compounds extracted from natural sources such as wood, spices, fruits and flowers. Use of natural ingredients is gaining popularity in U.S. region owing to rising stringent regulations on use of chemicals in the region. The synthetic chemical use in cosmetics and personal care products leads to harmful effects on human health and skin which is expected to trigger the natural aroma market in the U.S. region. Rising consumer demand for naturally pigmented ingredients in products has led manufacturers to use high quality natural extracts to impart odor which should accelerate the U.S. aroma chemicals market growth.
U.S. aroma chemicals market from fine fragrance may witness gains over USD 355 million by 2027. Rising consumer spending on personal care products should boost fine fragrances demand. Fine fragrances are materials used in perfumes and colognes to enhance the experience and mood. Use of perfumes and deodorants has increased owing to increasing living standards in millennials in urban areas of U.S. region. Moreover, rise in demand for perfumes among men and women is expected to boost fine fragrances market growth.
Fine fragrances are chemicals obtained from plant substances, animal substances and synthetic substances. Expansion of online retail sales channel and availability of various types of perfumes has attracted young consumers which should stimulate the U.S. aroma chemicals market sales in the region. Rise in demand for perfumes should propel the use of aroma chemicals for manufacturing of fine fragrances.
U.S. aroma chemicals industry is competitive with key players including :
In March 2021, DSM acquired fragrance & flavor bio-based intermediates business from Amyris. This acquisition aims at extending DSM’s offering in aroma chemicals with bio-based ingredients and expanding the product portfolio. DSM acquired the business with seven intermediate products which are being added to DSM’s aroma ingredients and personal care.
The U.S. aroma chemicals market report includes in-depth coverage of the industry trends, with estimates & forecast in terms of volume (Kilo Tons) and revenue (USD Million) from 2016 to 2027, for the following segments:
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