Global Aroma Ingredients Market (2019-2025)

NAVI MUMBAI, India - Dec. 11, 2019 - PRLog -- The Global Aroma Ingredients Market (https://www.bharatbook.com/marketreports/global-aroma-ingredients-market-2019-2025-/1872685) size is expected to reach $15,396.6 million by 2025, rising at a market growth of 5.2% CAGR during the forecast period (2019-2025). The complex compounds added to cosmetics and personal care & home care products for bringing the desired fragrance in the product are known as Aroma Ingredients. Aroma ingredients are majorly used in wine, food, spices, perfumes, floral scent, essential oils and fragrance oils. Especially these aroma ingredients are widely used in the production of flavorants used in food industry to enhance the flavour and the appeal of products.

Wide application in cosmetic and personal care industry is the main factor leading to the high demand of aroma ingredients worldwide. Almost all of the products from cosmetic industry such as body lotions, creams, shampoos, soaps, perfumes and deodorants are having aroma ingredients. Further, factors growing awareness regarding the cosmetic and personal care products, enhanced attention towards personal hygiene are further fuelling the demand for aroma ingredients. In addition, the rise in disposable income and improved lifestyle across most of the geographies are few other reasons for high market growth.

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A wide product portfolio along with brilliant product innovation is the common strategies adopted by almost all of the key market participants in this market. For instance, BASF has expanded its reach to Nigeria by opening a new application technology laboratory for developing personal care solutions for African people. In Nov 2018, BASF has launched Euperlan® OP White and Cegesoft® Peel, two new ingredients for fulfilling the demands of personal care market. In March 2019, Symrise has launched SymLite® G8, plant based ingredient for cosmetic markets.

For instance, BASF has expanded its reach to Nigeria by opening a new application technology laboratory for developing personal care solutions for African people. In Nov 2018, BASF has launched Euperlan® OP White and Cegesoft® Peel, two new ingredients for fulfilling the demands of personal care market. In March 2019, Symrise has launched SymLite® G8, plant based ingredient for cosmetic markets. In April 2018, BASF has introduced new ingredients Polymer Rheocare® XGN and Tinosorb® S Lite Aqua, two new personal care ingredients which helps in protecting hair and skin.

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