Fragrance ingredients market is expected to witness significant growth on account of increasing natural fragrances demand coupled with changing consumer preferences towards personal care and aromatic cosmetics products. Growing demand for fragrances such as deodorants, perfumes and mists primarily from emerging markets of Asia Pacific and Latin America is expected to supplement market growth over the forecast period. China and India are expected to witness high growth as a result of increasing number of manufacturing industries and improving living standard. In addition, Latin America is expected to witness swift demand growth over the next six years on account of increasing demand for soaps, cosmetics and toiletries and increasing disposable income of consumers, mainly in Brazil, Chile and Argentina. However, high cost of R&D program and increasing production cost due to quality compliances is expected to restrain market growth over the next six years.
Full research report on Global Fragrance Ingredients Market with detailed figures and charts available at:
Growing demand for skin care and hair care products as a result of product innovation strategies and rising consumer demand is further expected to augment market growth. Key players in global fragrance ingredients market include BASF SE, International Flavors & Fragrances Inc., Firmenich, Frutarom Industries Ltd., Takasago International Corp., Symrise AG, Mane SA and Givaudan SA. BASF SE manufactures products for application in cosmetics and detergents.
Get more information on Global Fragrance Ingredients Market or request for TOC of this research report at:
International Flavors & Fragrances Inc. uses proprietary encapsulation technology which consists of individual fragrance droplets coated with a protective polymeric shell thereby delivering superior fragrance performance throughout the product lifestyle in beauty care, home care, fabric care and detergents. Firmenich products cope with the stringent environmental, technological, economical and regulatory constraints.
View more reports of this category by Grand View Research at:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information, visit: http://www.grandviewresearch.com/
Company Name: Grand View Research, Inc.
Contact Person: Sherry James
Address:28 2nd Street, Suite 3036
City: San Francisco
Country: United States