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U.S. Aroma Chemicals Market Analysis

  • Report ID: GMI5045
  • Published Date: Apr 2021
  • Report Format: PDF

U.S. Aroma Chemicals Market Analysis

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 by Fine Fragrance Application

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. 

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The market revenue of aroma chemicals in the U.S. was recorded at over USD 1 Billion in 2020 and will expand at more than over 5.5% CAGR through 2027.

Natural source segment accounted for a revenue share of USD 515 million and will grow with increasing awareness regarding harmful effects of synthetic products.

With increasing consumer expenditure on personal care products, the regional market share from fine fragrances will surpass USD 355 million in terms of remuneration by 2027.

Driven by the rising demand for benzenoids in cosmetics and personal care products, the segment will account for a revenue share of more than USD 735 million by 2027.

U.S. Aroma Chemicals Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 14
  • Tables & Figures: 99
  • Countries covered: 1
  • Pages: 167
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