Product Code: ETC026564 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Aroma Compounds Market is expected to grow at a CAGR of 8.5% during the forecast period 2020-2026. The market growth is attributed to the increasing demand for natural fragrances and flavors in food, beverage, health & personal care products. The country`s rapidly growing population with rising disposable income has increased the consumption of convenience foods, dairy products and beverages such as beer, wine & spirits among others. This has further led to an increase in demand for flavors and fragrances across these industries thus driving India aroma compounds market growth over the years.
1) Increasing Demand For Natural Fragrance And Flavors: Growing consumer awareness regarding health benefits associated with natural ingredients coupled with stringent regulations on synthetic flavorants has increased their preference towards organic food items which further increases the usage of natural aromas and flavours among manufacturers, thereby propelling India aroma compounds market growth over the forecast period 2020-2026.
2) Rising Demand From Cosmetic Industry: Cosmetics industry plays an important role in boosting India economy owing to its significant contribution from both rural & urban consumers across all age groups due to changing lifestyle trends and increasing disposable incomes which drives up demand for new cosmetics product developments incorporating advanced odor components that can be used as perfumes or fragrance agents leading to increased usage of aroma compounds in this sector that will foster market growth over coming years .
1) High Cost Of Raw Materials & Manufacturing Processes : Rising costs associated with raw materials used in producing aromatic chemicals along with manufacturing processes have become major restraint hindering companies? profit margins leading them invest more into research activities so as reduce cost related expenses affecting overall production output ultimately hampering markets expansion rate during projected timeline.
2) Environmental Hazards Associated With Aroma Compounds : Hazardous emissions generated by chemical plants using various types of volatile organic compounds while processing aromatics often leads environmental pollution issues negatively impacting flora fauna causing illness diseases human beings harming ecosystem balance eventually limiting markets potential future prospects .
Emergence Of Plant Based Ingredients In Food And Beverages : Growing popularity plant based ingredients such vegan diet animal welfare concerns escalating demand cruelty free beauty products are some factors contributing greater use vegetable derived essential oils produced through steam distillation process replacing conventional artificial flavoring substances promoting healthy living amongst individuals triggering positive outlook towards entire segment ahead .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aroma compounds Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aroma compounds Market Revenues & Volume, 2020 & 2030F |
3.3 India Aroma compounds Market - Industry Life Cycle |
3.4 India Aroma compounds Market - Porter's Five Forces |
3.5 India Aroma compounds Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.6 India Aroma compounds Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 India Aroma compounds Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 India Aroma compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Aroma compounds Market Trends |
6 India Aroma compounds Market, By Types |
6.1 India Aroma compounds Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Aroma compounds Market Revenues & Volume, By Source, 2020-2030F |
6.1.3 India Aroma compounds Market Revenues & Volume, By Natural, 2020-2030F |
6.1.4 India Aroma compounds Market Revenues & Volume, By Synthetic, 2020-2030F |
6.2 India Aroma compounds Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Aroma compounds Market Revenues & Volume, By Benzenoids, 2020-2030F |
6.2.3 India Aroma compounds Market Revenues & Volume, By Terpenoids, 2020-2030F |
6.2.4 India Aroma compounds Market Revenues & Volume, By Musk Chemicals, 2020-2030F |
6.2.5 India Aroma compounds Market Revenues & Volume, By Other, 2020-2030F |
6.3 India Aroma compounds Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Aroma compounds Market Revenues & Volume, By Food & Beverage, 2020-2030F |
6.3.3 India Aroma compounds Market Revenues & Volume, By Fine Fragrances, 2020-2030F |
6.3.4 India Aroma compounds Market Revenues & Volume, By Cosmetics & Toiletries, 2020-2030F |
6.3.5 India Aroma compounds Market Revenues & Volume, By Soaps & Detergents, 2020-2030F |
6.3.6 India Aroma compounds Market Revenues & Volume, By Household, 2020-2030F |
6.3.7 India Aroma compounds Market Revenues & Volume, By Others, 2020-2030F |
7 India Aroma compounds Market Import-Export Trade Statistics |
7.1 India Aroma compounds Market Export to Major Countries |
7.2 India Aroma compounds Market Imports from Major Countries |
8 India Aroma compounds Market Key Performance Indicators |
9 India Aroma compounds Market - Opportunity Assessment |
9.1 India Aroma compounds Market Opportunity Assessment, By Source, 2020 & 2030F |
9.2 India Aroma compounds Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 India Aroma compounds Market Opportunity Assessment, By Application, 2020 & 2030F |
10 India Aroma compounds Market - Competitive Landscape |
10.1 India Aroma compounds Market Revenue Share, By Companies, 2023 |
10.2 India Aroma compounds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |