According to a new report LAMEA Aroma Ingredients Market, published by KBV Research, the LAMEA Aroma Ingredients Market would witness market growth of 7.4% growth rate during the forecast period (2019-2025).
The Brazil market dominated the LAMEA Aroma Ingredients Market by Country 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $551.6 million by 2025, growing at a CAGR of 6.3 % during the forecast period. The Argentina market is expected to witness a CAGR of 8% during (2019 - 2025). Additionally, The UAE market is expected to witness a CAGR of 7.2% during (2019 - 2025).
The Homecare market contributed the maximum revenue share to the Brazil Aroma Ingredients Market by Application 2018, and is expected to retain its dominance market till 2025. The Personal care market is anticipated to experience a growth of 5.9% CAGR during (2019 - 2025). The Fine Fragrances & Perfumes market is forecasted to witness highest growth of 7.3% CAGR during (2019 - 2025).
The Synthetic Ingredients market captured the largest share in LAMEA Aroma Ingredients Market by Type 2018, and would achieve a market value of $1,147.4 million by 2025, rising at 6.7% CAGR during the forecast period. The Natural Ingredients market would witness a growth of 8.4% CAGR during (2019 - 2025).
Full Report:https://www.kbvresearch.com/lamea-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.
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