May 28, 2021
According to the recent research report titled ‘U.S. Aroma Chemicals Market Size By Product, 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 Market Study Report, U.S. aroma chemicals market is anticipated to garner strong returns over 2021-2027.
Surging demand for natural ingredients for developing novel scent molecules and sensory solutions, constant growth in personal care & cosmetics industry, and booming food & beverage sector are the key factors driving U.S. aroma chemicals market growth.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3793268/
For those unaware, aroma chemicals are chemical compounds that give out a distinct odor, for instance, esters, terpenes, ketones, aldehydes, and alcohols among others.
Based onUnder the benzenoids product terrain, U.S. aroma chemicals market share from vanillin segment is projected to exhibit 7.5% CAGR over the assessment period, creditable to the product’s uniqueness, representing an individual odor class.
Benzyl acetate segment is anticipated to expand at 5% CAGR, on the other hand, coumarin segment is expected to grow at 5.5% CAGR over the forecast timespan.
Considering terpenoids product segmentation, U.S. aroma chemicals market size from I-menthol segment will witness over 6.5% growth, while the citronellal & esters segment is anticipated to experience 4.5% CAGR over the predicted timespan.
The citral segment value is expected to increase at a rate of 5% owing to its extensive usage as a raw material to produce aroma components. The acetylated cedarwood terpene category, on the other hand, is expected to rise at a rate of more than 3.5% throughout the projection period.
Moving to musk chemicals product segment, Tonalid sub-segment is projected to expand at a rate of more than 4.5% throughout the predicted period creditable to its usage in detergents, fabric softeners, household cleaning goods, air fresheners, and cosmetics.
As per application spectrum, U.S. aroma chemicals market share from cosmetics & toiletries segment is predicted to bolster at 5.5% through 2027, while soaps & detergents segment will witness over 6% growth over the analysis period.
Leading organizations impacting U.S. aroma chemicals market dynamics are Givaudan S.A., International Flavors and Fragrances Inc., JNC Corporation, Vigon International Inc., Mane SA, Prinova Group LLC, and Kao Corporation among others.