Natural Fragrance Market worth $4.3 million by 2024 - PowerPoint PPT Presentation

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Natural Fragrance Market worth $4.3 million by 2024

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The natural fragrances market is projected to reach USD 4.3 billion by 2024, at a CAGR of 9.6% from USD 2.7 billion in 2019. – PowerPoint PPT presentation

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Title: Natural Fragrance Market worth $4.3 million by 2024


1
Natural Fragrance Market worth 4.3 million by
2024
The report "Natural Fragrance Market by
Ingredients (Essential Oils, Natural Extracts),
Application (Fine Fragrances, Personal Care
Cosmetics, Household Care), and Region (Europe,
North America, APAC, South America, Middle East
Africa) - Global Forecast to 2024" The natural
fragrances market is projected to reach USD 4.3
billion by 2024, at a CAGR of 9.6 from USD 2.7
billion in 2019.
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om/Market-Reports/natural-fragrance-market-2543244
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2
Introduction
Natural fragrance is a blend of complex fragrance
compounds, which are made up of natural
aromatics. These natural aromatic are made by
extracting the volatile fractions from plants
physically, without chemically altering them.
These fragrances are mainly used to impart the
appealing odor/scent for several fragrance
applications. Increasing use of natural
fragrance ingredients in various applications
such as fine fragrances, personal care
cosmetics, and household care is expected to
drive the natural fragrance market. Europe is the
key market for natural fragrances, globally,
followed by North America and Europe.
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3
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4
Recent Developments
  • In April 2018, Mane SA opened a new manufacturing
    site in Colombia. This will help the company to
    strengthen its position to serve the customers in
    the Andean region better and capture growth
    opportunities in fragrances markets.
  • In January 2018, Takasago International
    (Singapore) Pte. Ltd., a subsidiary of Takasago
    International Corporation, opened a new office in
    Lahore, Pakistan. The expansion will help the
    company increase its market presence in Pakistan
  • In October 2017, Givaudan opened a new fragrance
    creative center in Mexico City, Mexico. The new
    center will help the company support its natural
    fragrance business growth in North America..

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5
Key Questions Addressed by the Report
  • What are the major developments impacting the
    market?
  • Where will all the developments take the industry
    in the mid to long term?
  • What are the upcoming products of natural
    fragrances?
  • What are the emerging applications of natural
    fragrances?
  • What are the major factors impacting market
    growth during the forecast period?

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6
Key Participants
The key market players profiled in the report
include as Givaudan SA (Switzerland), Firmenich
SA (Switzerland), International Flavors
Fragrances (US), Symrise AG (Germany), Takasago
International Corporation (Japan), Mane SA
(France), Robertet SA (France), Sensient
Technologies Corporation (US), T. Hasegawa Co.,
Ltd. (Japan), Bell Flavors Fragrances (US).
Speak with Analyst
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7
On The Basis Of Region
Europe to account for the largest share in the
PEI market during the forecast period. Europe
is the largest natural fragrances market and is
expected to continue dominating the global market
during the forecast period. Increased investments
in the manufacturing industries primarily drive
the market. Improving living standard has been
driving the growth of the personal care
cosmetic industry, which is expected to drive the
natural fragrances market.
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8
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9
About Us
MarketsandMarkets provides quantified B2B
research on 30,000 high growth emerging
opportunities/threats which will impact 70 to
80 of worldwide companies' revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach Markets and
Markets for their pain points around revenues
decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
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10
How Markets Markets is different?
  • Most-detailed market segmentation in the industry
  • In-depth analysis of patents and profiles of key
    market players providing a competitive landscape
  • Market data for segments such as technologies,
    services applications across geographies
  • High level analysis of major market segments and
    identification of opportunities.

Request for free sample report
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11
Thank You
Contact Us Mr. Shelly Singh MarketsandMarkets
INC. 630 Dundee Road, Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com
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