February 11, 2022
According to the research report titled ‘U.S. Aroma Chemicals Market Size By Product (Benzenoids [2-phenoxyethanol, Vanillin, Benzaldehyde, Anethole, Cinnamaldehyde, Alpha-hexylcinnamaldehyde, Benzyl Salicylate, Benzyl Benzoate, Benzyl Acetate, Methyl Salicylate, Coumarin, Methyl Benzoate, Butylphenyl Methylpropional], Terpenoids [Linalool and Esters, l-Menthol, Geraniol/Nerol and Esters, Citronellol and Esters, Methyl Ionone, Citral, Ionones, Borneol, Isoborneol and Esters, Alpha Terpineol and Esters, Acetylated Cedarwood Terpenes, Methyl Dihydrojasmonate, Ambroxan, Gamma Nonalactone,Gamma Decalactone, Gamma Undecalactone, Methyl Di Jasmonate], Musk Chemicals [Polycyclic musks (Tonalid (AHTN), Galaxolide (HHCB)), Macrocyclic Musks,], By Source (Natural, Synthetic), By Application (Food & Beverage, Fine Fragrances, Cosmetics & Toiletries, Soaps & Detergents, Household), Industry Analysis Report, Country Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027,’ available with MarketStudyReport, U.S. aroma chemicals market is expected to amass notable valuation over the period 2021-2027.
Rapid expansion of cosmetics & personal care sector, soaring demand for natural ingredients for development of novel scent molecules, and widespread application of products across sectors like soap & detergents, toiletries, beverages, etc. are augmenting the growth of U.S. aroma chemicals market.
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Despite the positive outlook, concerns about side effects posed by synthetic aroma chemicals are likely to hinder the progress of the business environment in the coming years.
Based on product type, the cinnamaldehyde benzenoids segment is anticipated to progress at 7.5% CAGR during the projected timeline due to its extensive usage in papermaking, pharmaceuticals, daily chemicals, etc.
Moreover, the I-menthol terpenoids vertical of U.S aroma chemicals market is poised to expand at a growth rate of 6.5% during the analysis period.
Besides this, the tonalid musk chemicals segment is predicted to grow at 4.5% CAGR through 2027, owing to its massive adoption as a fragrance across numerous applications such as household cleaning products, air fresheners, fabric softeners, etc.
Concerning application scope, the soaps & detergents vertical is estimated to grow at 6% CAGR during the assessment timeframe.
Prominent players in U.S. aroma chemicals industry include companies such as Givaudan, Royal DSM N.V., International Flavors and Fragrances, Inc., SH Kelkar and Co. Private Limited, JNC Corporation, BASF SE, Vigon International, Inc., Koninklijke DSM N.V., Solvay S.A., Mane SA, Symrise AG, Robertet Group, Prinova Group LLC, Takasago International Corporation, and Kao Corporation among others.