Aroma Ingredients Market in Asia Pacific is expected to register a CAGR of 7.1% during the forecast period (2019-2025) - KBV Research

16-Oct-2019 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report Asia Pacific Aroma Ingredients Market, published by KBV Research, the Asia Pacific Aroma Ingredients Market would witness market growth of 7.1% growth rate during the forecast period (2019-2025).

The China market dominated the Asia Pacific Aroma Ingredients Market by Country 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $970.3 million by 2025, growing at a CAGR of 4.9 % during the forecast period. The Japan market is expected to witness a CAGR of 6.5% during (2019 - 2025). Additionally, The India market is expected to witness a CAGR of 8.2% during (2019 - 2025).

The Homecare market captured the largest market share of 41.8% in the Asia Pacific Aroma Ingredients Market by Application 2018, and is expected to continue its dominance till 2025. The market is estimated to attain a market value of $1,486.8 million by 2025, rising at a CAGR of 6.4% during the forecast period. The Personal care market is anticipated to grow at a growth of 6.7% CAGR during (2019 - 2025). The Fine Fragrances & Perfumes market is grow at fastest growth of 8.1% during (2019 - 2025).

The Synthetic Ingredients market contributed the largest revenue share to India Aroma Ingredients Market among the various types of aroma ingredients in 2018, and would continue to be a dominant market till 2025 rising at a growth of 7.6 % during the forecast period. The Natural Ingredients market would witness a growth of 9.3% CAGR during (2019 - 2025).

Based on Type, the market is segmented into Natural Ingredients and Synthetic Ingredients. Based on the Application, the market is segmented into Homecare, Personal care, Fine Fragrances & Perfumes and Other Applications. Based on Regions, the Asia Pacific market is segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.

Full Report:https://www.kbvresearch.com/asia-pacific-aroma-ingredients-market/

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mane S.A., Givaudan S.A., Symrise AG, Takasago International Corporation, International Flavors & Fragrances Inc., Firmenich S.A., Kao Corporation, Robertet S.A., Sensient Technologies Corporation and BASF SE.