#Asia Pacific Perfume and Deodorants Market Share

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Oxyde de styrène, Prévisions de la Taille du Marché Mondial, Classement et Part de Marché des 4 Premières Entreprises

Selon le nouveau rapport d'étude de marché “Rapport sur le marché mondial de Oxyde de styrène 2024-2030”, publié par QYResearch, la taille du marché mondial de Oxyde de styrène devrait atteindre 108 millions de dollars d'ici 2030, à un TCAC de 3.2% au cours de la période de prévision.

Figure 1. Taille du marché mondial de Oxyde de styrène (en millions de dollars américains), 2019-2030

Figure 2. Classement et part de marché des 4 premiers acteurs mondiaux de Oxyde de styrène (Le classement est basé sur le chiffre d'affaires de 2023, continuellement mis à jour)

Selon QYResearch, les principaux fabricants mondiaux de Oxyde de styrène comprennent Yingyang, Harmony Organics, etc. En 2023, les trois premiers acteurs mondiaux détenaient une part d'environ 80.0% en termes de chiffre d'affaires.

According to QYResearch, the global key manufacturers of Styrene Oxide include Yingyang, Harmony Organics, etc. In 2023, the global top three players had a share approximately 80.0% in terms of revenue.

The styrene oxide market is influenced by several key drivers that contribute to its growth and demand:

1. Applications in Chemical Synthesis: Styrene oxide serves as a versatile intermediate in chemical synthesis, particularly in the production of various derivatives used in industries such as pharmaceuticals, cosmetics, and agriculture. It is a precursor to chemicals like 1-phenylethanol, which is used in fragrance production.

2. Demand from Pharmaceuticals: One of the primary drivers is the pharmaceutical industry, where styrene oxide is utilized in the synthesis of active pharmaceutical ingredients (APIs) and pharmaceutical intermediates. It finds applications in drugs for neurological disorders, cardiovascular diseases, and other therapeutic areas.

3. Growing Personal Care Industry: Styrene oxide is used in the production of personal care products such as perfumes, deodorants, and cosmetics. The expanding global personal care market, driven by increasing disposable incomes and changing consumer preferences towards personal grooming, contributes to the demand for styrene oxide.

4. Agricultural Chemicals: In agriculture, styrene oxide derivatives are used in the synthesis of pesticides and herbicides. The demand for agrochemicals continues to grow globally due to the need for enhanced crop yields and pest control, further boosting the market for styrene oxide.

5. Environmental Regulations and Substitution Trends: Regulatory policies aimed at reducing volatile organic compound (VOC) emissions and environmental impact drive the demand for safer chemical alternatives. Styrene oxide and its derivatives, being versatile and meeting regulatory requirements, are preferred choices in industries seeking to comply with stringent environmental regulations.

6. Technological Advancements: Advances in chemical processes and manufacturing technologies improve the efficiency of styrene oxide production, making it more cost-effective and environmentally sustainable. These advancements also enable the development of new applications and formulations that expand its market potential.

7. Regional Economic Growth: Economic growth in emerging markets, particularly in Asia-Pacific and Latin America, contributes significantly to the demand for styrene oxide. These regions are witnessing rapid industrialization, urbanization, and growth in sectors such as pharmaceuticals and personal care, driving the market forward.

Overall, the styrene oxide market is driven by its versatile applications across various industries, technological innovations in production processes, regulatory compliance requirements, and the expanding global demand for chemicals used in pharmaceuticals, personal care, and agriculture.

À propos de QYResearch

QYResearch a été fondée en 2007 en Californie aux États-Unis. C'est une société de conseil et d'étude de marché de premier plan à l'échelle mondiale. Avec plus de 17 ans d'expérience et une équipe de recherche professionnelle dans différentes villes du monde, QYResearch se concentre sur le conseil en gestion, les services de base de données et de séminaires, le conseil en IPO, la recherche de la chaîne industrielle et la recherche personnalisée. Nous société a pour objectif d’aider nos clients à réussir en leur fournissant un modèle de revenus non linéaire. Nous sommes mondialement reconnus pour notre vaste portefeuille de services, notre bonne citoyenneté d'entreprise et notre fort engagement envers la durabilité. Jusqu'à présent, nous avons coopéré avec plus de 60 000 clients sur les cinq continents. Coopérons et bâtissons ensemble un avenir prometteur et meilleur.

QYResearch est une société de conseil de grande envergure de renommée mondiale. Elle couvre divers segments de marché de la chaîne industrielle de haute technologie, notamment la chaîne industrielle des semi-conducteurs (équipements et pièces de semi-conducteurs, matériaux semi-conducteurs, circuits intégrés, fonderie, emballage et test, dispositifs discrets, capteurs, dispositifs optoélectroniques), la chaîne industrielle photovoltaïque (équipements, cellules, modules, supports de matériaux auxiliaires, onduleurs, terminaux de centrales électriques), la chaîne industrielle des véhicules électriques à énergie nouvelle (batteries et matériaux, pièces automobiles, batteries, moteurs, commande électronique, semi-conducteurs automobiles, etc.), la chaîne industrielle des communications (équipements de système de communication, équipements terminaux, composants électroniques, frontaux RF, modules optiques, 4G/5G/6G, large bande, IoT, économie numérique, IA), la chaîne industrielle des matériaux avancés (matériaux métalliques, polymères, céramiques, nano matériaux, etc.), la chaîne industrielle de fabrication de machines (machines-outils CNC, machines de construction, machines électriques, automatisation 3C, robots industriels, lasers, contrôle industriel, drones), l'alimentation, les boissons et les produits pharmaceutiques, l'équipement médical, l'agriculture, etc.

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The Extra Neutral Alcohol Market is projected to grow from USD 9,925 million in 2024 to USD 12,533.69 million by 2032, reflecting a compound annual growth rate (CAGR) of 2.96%.Extra Neutral Alcohol (ENA) is a high-purity form of ethanol widely used in the beverage, pharmaceutical, and cosmetic industries. It is produced through the fermentation and distillation of agricultural feedstock such as sugarcane, grains, and molasses. With a high ethanol content of around 96% to 97%, ENA is known for its neutral taste and odor, making it an ideal ingredient in various applications.

Browse the full report at https://www.credenceresearch.com/report/extra-neutral-alcohol-market

Market Dynamics and Drivers

The ENA market has experienced significant growth in recent years, driven by several factors. One of the primary drivers is the increasing demand for alcoholic beverages. ENA is a key ingredient in the production of spirits like vodka, gin, and rum. The rising global consumption of these beverages, particularly in emerging markets, has fueled the demand for high-quality ENA.

Additionally, the pharmaceutical and healthcare sectors have emerged as crucial consumers of ENA. It is used in the formulation of medicines, sanitizers, and disinfectants. The COVID-19 pandemic has highlighted the importance of hygiene and sanitation, leading to a surge in the production of hand sanitizers and disinfectants, thereby boosting the demand for ENA.

The cosmetic industry also significantly contributes to the ENA market. ENA is used in the production of perfumes, deodorants, and other personal care products due to its volatility and ability to dissolve essential oils. The growing consumer preference for premium and natural cosmetic products has further driven the demand for ENA.

Regional Market Insights

The global ENA market can be segmented based on geography into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

- Asia-Pacific: This region holds the largest market share, primarily due to the substantial production and consumption of alcoholic beverages in countries like India and China. India, in particular, is one of the leading producers of ENA, with a robust sugarcane and grain industry supporting its production. The growing middle-class population and increasing disposable income levels in the region have also contributed to the rising demand for alcoholic beverages and, consequently, ENA.

- North America and Europe: These regions are characterized by a mature alcoholic beverage market and significant demand for high-quality spirits. The stringent regulations regarding the purity and quality of alcohol used in beverages and pharmaceuticals drive the demand for ENA in these regions. The presence of major cosmetic and pharmaceutical companies also contributes to the steady demand for ENA.

- Latin America and the Middle East & Africa: These regions are witnessing gradual growth in the ENA market. The expansion of the alcoholic beverage industry and increasing investments in the pharmaceutical and cosmetic sectors are driving the demand for ENA. Countries like Brazil in Latin America have a well-established sugarcane industry, providing a steady supply of feedstock for ENA production.

Challenges and Opportunities

While the ENA market is poised for growth, it faces several challenges. Fluctuations in the prices of raw materials, such as sugarcane and grains, can impact production costs and profitability. Additionally, stringent regulations regarding alcohol production and environmental concerns related to the disposal of waste products from the distillation process pose challenges for manufacturers.

However, these challenges also present opportunities for innovation and sustainable practices. Companies are increasingly investing in research and development to improve production efficiency and reduce environmental impact. The adoption of advanced technologies, such as molecular distillation and bio-refining, can enhance the quality and yield of ENA production.

Moreover, the growing trend of premiumization in the alcoholic beverage industry offers significant opportunities for ENA producers. Consumers are willing to pay a premium for high-quality spirits, driving the demand for superior ENA. The rising popularity of craft spirits and small-batch distilleries further adds to the demand for high-purity ENA.

Key Player Analysis

NCP Alcohols (Pty) Ltd.

Mumias Sugar Company

India Glycols Limited

IFB Agro Industries Limited

USA Distillers

Shanker International

The Saswad Mali Sugar Factory Ltd.

GODAVARI BIOREFINERIES LTD.

Segments:

Based on Raw Material:

Grain-Based

Sugarcane-Based

Based on Application:

Potable Alcohol

Flavors and Fragrances

Pharmaceuticals

Electronics

Printing

Cosmetics

Others

Based on the Geography:

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

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Aroma Chemicals Market Outlook 2024-2032: Trends, Key Players, and Growth

The global aroma chemicals market share witnessed stable growth in the historical period of 2018-2023. The industry is further projected to grow at a CAGR of 5.2% over the forecast period of 2024-2032. This blog provides a comprehensive analysis of the market outlook, report overview, market size, market dynamics, drivers, challenges, segmentation, recent developments, component insights, end-user insights, regional insights, key players, market trends, industry news, application insights, and detailed answers to frequently asked questions.

Market Outlook

The aroma chemicals market is experiencing significant growth due to increasing demand for fragrances in personal care, household, and industrial applications. Aroma chemicals are essential components in the formulation of flavors and fragrances, and their demand is driven by the growing consumer preference for scented products. The market is expected to continue its upward trajectory, driven by innovations in fragrance formulations and the expansion of end-use industries.

Report Overview

This report provides a detailed analysis of the global aroma chemicals market from 2024 to 2032. It covers essential aspects such as market size, growth projections, market dynamics, segmentation, recent developments, component insights, end-user insights, regional insights, key players, market trends, industry news, application insights, and comprehensive answers to frequently asked questions.

Market Size

The global aroma chemicals market was valued at approximately USD 5.3 billion in 2023 and is projected to grow at a CAGR of 5.2%, reaching nearly USD 8.1 billion by 2032. This growth is driven by increasing demand for aromatic compounds in various end-use industries such as personal care, food and beverages, and household products.

Market Dynamics

Market Drivers

Rising Demand for Personal Care Products: The increasing consumer preference for personal care products with appealing fragrances is driving the demand for aroma chemicals. Products such as perfumes, deodorants, and lotions heavily rely on aroma chemicals for their scents.

Growth in the Food and Beverage Industry: Aroma chemicals are widely used in the food and beverage industry to enhance the flavor and aroma of products. The rising demand for flavored food and beverages is a significant driver for the market.

Expansion of the Household Products Market: The demand for household products such as air fresheners, detergents, and cleaning agents with pleasant fragrances is contributing to the growth of the aroma chemicals market.

Technological Advancements: Innovations in the synthesis and formulation of aroma chemicals are leading to the development of new and unique fragrances, driving market growth.

Key Market Challenges

Regulatory Constraints: Stringent regulations related to the use of chemicals in fragrances and flavors can pose challenges to market growth. Compliance with these regulations requires significant investment in research and development.

High Production Costs: The high cost of raw materials and complex production processes can increase the overall cost of aroma chemicals, affecting their affordability and market penetration.

Environmental Concerns: The environmental impact of chemical production and the use of synthetic chemicals in fragrances can be a concern, driving the demand for natural and eco-friendly alternatives.

Market Segmentation

The global aroma chemicals market can be segmented based on type, application, and region.

By Type

Terpenes and Terpenoids

Benzonoids

Musk Chemicals

Others

By Application

Personal Care

Food and Beverages

Household Care

Fine Fragrances

Others

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Recent Developments

Innovation in Natural Aroma Chemicals: There is a growing trend towards the development of natural aroma chemicals derived from plant sources, catering to the demand for natural and eco-friendly fragrances.

Expansion of Production Capacities: Key players in the market are investing in expanding their production capacities to meet the rising demand for aroma chemicals globally.

Strategic Partnerships and Acquisitions: Companies are entering into strategic partnerships and acquisitions to enhance their product portfolios and strengthen their market presence.

Component Insights

Terpenes and Terpenoids

Terpenes and terpenoids are widely used in the formulation of fragrances and flavors. They are derived from natural sources such as plants and trees and are known for their pleasant and distinctive aromas.

Benzonoids

Benzonoids are a class of aromatic compounds used extensively in the fragrance industry. They provide floral and fruity scents and are used in a variety of personal care and household products.

Musk Chemicals

Musk chemicals are used to provide a long-lasting scent in perfumes and other fragranced products. They are an essential component in the formulation of fine fragrances.

End-User Insights

Personal Care

The personal care industry is the largest end-user of aroma chemicals, with products such as perfumes, deodorants, shampoos, and lotions relying on these chemicals for their scents. The growing demand for personal care products with unique and appealing fragrances is driving the market growth.

Food and Beverages

In the food and beverage industry, aroma chemicals are used to enhance the flavor and aroma of various products. The rising demand for flavored food and beverages is contributing to the growth of this segment.

Household Care

Aroma chemicals are widely used in household care products such as air fresheners, detergents, and cleaning agents. The demand for these products with pleasant and long-lasting fragrances is boosting the market.

Fine Fragrances

The fine fragrances segment includes high-end perfumes and colognes that use a combination of natural and synthetic aroma chemicals to create unique and luxurious scents. This segment is driven by the increasing consumer preference for premium fragrances.

Regional Insights

North America

North America holds a significant share of the global aroma chemicals market, driven by the high demand for personal care and household products. The presence of major market players and the increasing focus on natural and sustainable products are contributing to market growth in this region.

Europe

Europe is a key market for aroma chemicals, with strong demand from countries like Germany, France, and the UK. The region's well-established personal care and fragrance industries are driving the adoption of aroma chemicals.

Asia-Pacific

The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid urbanization, increasing disposable income, and the growing demand for personal care and household products. Countries like China, Japan, and India are major contributors to market growth.

Latin America

Latin America is emerging as a potential market for aroma chemicals, driven by the expansion of the food and beverage industry and the increasing adoption of fragranced personal care products. Brazil and Mexico are key markets in this region.

Middle East & Africa

The Middle East & Africa region is gradually adopting advanced aroma chemicals, with significant potential for growth due to ongoing industrial development and the increasing demand for personal care and household products. The demand for aroma chemicals is driven by commercial and residential applications.

Key Players

Bordas-SA

Emerald Kalama Chemical

Kao Chemicals Europe. S.L.

Symrise AG

Givaudan SA

Firmenich SA

International Flavors & Fragrances Inc.

Sensient Technologies Corporation

Takasago International Corporation

Robertet SA

Others

Market Trends

Increasing Demand for Natural and Organic Products: The growing consumer preference for natural and organic products is driving the demand for natural aroma chemicals derived from plant sources.

Innovation in Fragrance Formulations: Companies are focusing on developing innovative fragrance formulations to cater to the changing consumer preferences and market trends.

Sustainability Initiatives: The focus on sustainability is driving the adoption of eco-friendly and sustainable production practices in the aroma chemicals industry.

Industry News

Product Launches: Leading aroma chemical manufacturers are launching new and innovative products to meet the evolving needs of the industry. This includes the introduction of natural and sustainable aroma chemicals.

Strategic Partnerships: Companies are forming strategic partnerships to expand their product offerings and enhance their market presence. Collaborations with fragrance houses and other industry players are driving innovation and market growth.

Technological Innovations: Advancements in the synthesis and formulation of aroma chemicals are driving market growth. These innovations enhance the performance and application scope of aroma chemicals.

Application Insights

Personal Care

The personal care industry is the largest end-user of aroma chemicals, with products such as perfumes, deodorants, shampoos, and lotions relying on these chemicals for their scents. The growing demand for personal care products with unique and appealing fragrances is driving the market growth.

Food and Beverages

In the food and beverage industry, aroma chemicals are used to enhance the flavor and aroma of various products. The rising demand for flavored food and beverages is contributing to the growth of this segment.

Household Care

Aroma chemicals are widely used in household care products such as air fresheners, detergents, and cleaning agents. The demand for these products with pleasant and long-lasting fragrances is boosting the market.

Fine Fragrances

The fine fragrances segment includes high-end perfumes and colognes that use a combination of natural and synthetic aroma chemicals to create unique and luxurious scents. This segment is driven by the increasing consumer preference for premium fragrances.

FAQs

1. What is driving the growth of the aroma chemicals market?

Answer: The growth of the aroma chemicals market is driven by increasing demand for personal care products, growth in the food and beverage industry, expansion of the household products market, and technological advancements in fragrance formulations.

2. What are the key challenges facing the aroma chemicals market?

Answer: Key challenges include regulatory constraints, high production costs, and environmental concerns related to the production and use of synthetic chemicals.

3. Which regions are expected to witness significant growth in the aroma chemicals market?

Answer: The Asia-Pacific region is expected to witness the highest growth rate, followed by North America and Europe. Latin America and the Middle East & Africa also show potential for growth.

4. Who are the major players in the global aroma chemicals market?

Answer: Major players include Bordas-SA, Emerald Kalama Chemical, Kao Chemicals Europe. S.L., Symrise AG, Givaudan SA, Firmenich SA, International Flavors & Fragrances Inc., Sensient Technologies Corporation, Takasago International Corporation, Robertet SA, and others.

5. What recent developments are shaping the aroma chemicals market?

Answer: Recent developments include innovation in natural aroma chemicals, expansion of production capacities, strategic partnerships and acquisitions, and advancements in fragrance formulations.

6. How is the focus on sustainability impacting the aroma chemicals market?

Answer: The focus on sustainability is driving the adoption of eco-friendly and sustainable production practices in the aroma chemicals industry. Companies are investing in the development of natural and organic aroma chemicals to cater to the growing consumer demand for sustainable products.

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Men Personal Care Market Size is Rise Across the Globe and Witness Huge Growth by Key Players to 2030

Men Personal Care Market by Type, Age Group, Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”. The report offers an extensive analysis of changing market trends, key segments, top investment pockets, regional scenario, Porter’s Five Forces, and competitive scenario.

The global men personal care market size was valued at $124.8 billion in 2020, and is projected to reach $276.9 billion by 2030, registering a CAGR of 8.6% from 2021 to 2030.

Changes in corporate lifestyle, product differentiation, and surge in urbanization drive the growth of the global men personal care market. However, surge in ingredient prices and packaging costs and fatal effects of chemicals hinder the market growth. On the other hand, changes in consumer lifestyle and penetration of online shopping present new opportunities in the coming years.

Request The Free Sample@https://www.alliedmarketresearch.com/request-sample/1701

Men personal care products are non-medicinal consumable products designed for men to use for personal care and grooming. The products can be rubbed, poured, sprinkled, sprayed on, or otherwise applied to the body for cleansing, toning, moisturizing, hydrating, conditioning, massaging, coloring/decorating, soothing, deodorizing, perfuming, and styling. The men personal care market provides a wide range of products, including deodorants, shampoos, shaving gels, aftershaves, bar soaps, and moisturizing creams, at varying prices to meet the needs and purchasing power of consumers.

The men personal care market analysis is done according to segmentation on the basis of type, age group, price point, distribution channel, and region. On the basis of type, the men personal care market segment is categorized into hair care, shaving, oral care, personal cleanliness, skin care, and others. As per age group, it is divided into 18-29 years, 30-59 years, and 60 years and above. Based on price point, it is fragmented into low, medium, and high. According to distribution channel, it is divided into hypermarkets & supermarkets, drug stores or pharmacy, mass merchandiser, departmental stores, mono-brand stores, specialty stores, and online sales channel. Region wise, the men personal care market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on type, the oral care segment accounted for the highest share in 2020, holding more than one-fourth of the global men personal care market, and is projected to continue its lead position during the forecast period. Moreover, this segment is estimated to witness the highest CAGR of 9.5% from 2021 to 2030. This is attributed to its frequent usage and unavailability of suitable substitutes.

Based on distribution channel, the drug stores or pharmacy segment held the highest share in 2020, accounting for nearly one-fourth of the global men personal care market, and is projected to continue its leadership status during the forecast period. This is due to extended store hours, drive-through locations, and availability of wide range of personal care products. However, the mono-brand stores segment is projected to portray the highest CAGR of 9.4% from 2021 to 2030.

Based on region, North America contributed to the largest market share in 2020, accounting for nearly one-third of the global men personal care market, and is estimated to continue its dominance in terms of revenue by 2030. Moreover, this region is expected to manifest the fastest CAGR of 9.4% during the forecast period. This is attributed to increase in the aging population in countries such as the U.S. and Canada and increase in internet penetration.

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The key players in the global men personal care market include Johnson & Johnson (U.S.), P&G Co. (P&G) (U.S.), L’Oréal S.A. (France), The Estee Lauder Companies, Inc. (U.S.), Unilever (UK), Avon Products, Inc. (U.S.), Kao Corporation (Japan), Colgate-Palmolive Company (U.S), Beiersdorf Akteingesellschaft (AG) (Germany), and Shiseido Company Ltd. (Japan). Other players in the value chain, even though not profiled in the report, include Combe, Inc., Conaire Corporation, Revlon, Inc., Godrej Industries Ltd., Mary Kay, Inc., and Amway Corporation.

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Citral Market Growth Insights, Latest Advancement Analysis, and Forecast From 2023-2030

Citral is a natural organic compound that is commonly found in the essential oils of lemon, lemongrass, and other citrus fruits. It has a strong lemon-like odor and is often used in the fragrance industry to add a citrusy scent to perfumes, soaps, and other personal care products.

In addition to its use in fragrances, citral is also used as a flavoring agent in food and beverages, particularly in lemon-flavored products. It has been found to have antimicrobial and anti-inflammatory properties, and as such, it has been used in traditional medicine to treat a variety of ailments, such as fever, stomach disorders, and respiratory infections.

However, it is important to note that citral can be irritating to the skin and eyes if used in high concentrations, and can also be toxic if ingested in large amounts. Therefore, it is recommended to use products containing citral in moderation and to follow the instructions provided by the manufacturer.

Key players operating in the global citral market include BASF SE, Beijing Lys Chemicals Co. Ltd., Indukern SA, Industrial and Fine Chemicals, Kuraray Co. Ltd., Privi Specialty Chemicals Limited, Rajkeerth Aromatics and Biotech Pvt. Ltd., Symrise AG, Takasago International Corporation, Vee Kay International, and Zhejiang Xinchecheng Co. Ltd.

The demand for citral is primarily driven by its use in the fragrance industry, where it is used as a key ingredient in the production of lemon and citrus scents. The growing demand for personal care products, such as perfumes, deodorants, and soaps, is expected to continue driving the growth of the citral market.

In addition to the fragrance industry, citral is also used as a flavoring agent in the food and beverage industry, where it is used to provide a citrus flavor to a wide range of products, including beverages, dairy products, and baked goods.

Geographically, the Asia Pacific region dominates the citral market, accounting for the largest share of the market in 2020. This is due to the high demand for personal care and fragrance products in countries such as China and India. Europe and North America are also significant markets for citral, driven by the demand for natural flavors

The demand for citral is driven by its use in various industries, such as the fragrance and flavor industry, as well as in the pharmaceutical and cosmetics industries.

In the fragrance industry, citral is used as a key ingredient in the production of lemon and citrus scents. The growing demand for personal care products, such as perfumes, deodorants, and soaps, is expected to continue driving the demand for citral. The trend towards natural and organic products is also driving the demand for citral, as it is a natural and sustainable ingredient.

In the flavor industry, citral is used as a flavoring agent in a wide range of food and beverage products, including beverages, dairy products, and baked goods. The demand for natural flavors is increasing, which is expected to drive the demand for citral as a natural flavoring agent.

Citral is also used in the pharmaceutical and cosmetics industries for its antimicrobial and anti-inflammatory properties. It is used in the production of medicines and topical creams for the treatment of various skin and respiratory conditions.

Citral is a versatile compound that finds application in various industries, including the fragrance, flavor, pharmaceutical, and cosmetics industries.

1. Fragrance Industry: Citral is used as a key ingredient in the production of lemon and citrus scents. It is used in perfumes, deodorants, soaps, and other personal care products to provide a fresh and citrusy fragrance.

2. Flavor Industry: Citral is used as a flavoring agent in a wide range of food and beverage products. It is commonly used in beverages, dairy products, and baked goods to provide a natural and refreshing citrus flavor.

3. Pharmaceutical Industry: Citral has been found to have antimicrobial and anti-inflammatory properties, making it a useful ingredient in the production of medicines and topical creams. It is used in the treatment of respiratory and skin conditions.

4. Cosmetics Industry: Citral is used in cosmetics and personal care products due to its fragrance and antimicrobial properties. It is commonly used in shampoos, conditioners, and other hair care products, as well as in skin care products such as lotions and creams.

5. Other Applications: Citral is also used in the production of insecticides, as it has insecticidal properties. It is used as a natural and environmentally friendly alternative to synthetic insecticides.

There are several benefits of citral that make it a valuable ingredient in various industries, including the fragrance, flavor, pharmaceutical, and cosmetics industries. Here are some of the key benefits of citral:

✦ Fragrance: Citral has a strong lemon-like odor that makes it a popular ingredient in the fragrance industry. It is used in perfumes, deodorants, and soaps to provide a fresh and citrusy fragrance.

✦ Flavor: Citral is a natural and safe flavoring agent that is commonly used in the food and beverage industry. It provides a refreshing citrus flavor to a wide range of products, including beverages, dairy products, and baked goods.

✦ Antimicrobial properties: Citral has been found to have antimicrobial properties, which makes it a valuable ingredient in the pharmaceutical and cosmetics industries. It is used in the production of medicines and topical creams for the treatment of respiratory and skin conditions.

✦ Anti-inflammatory properties: Citral has been found to have anti-inflammatory properties, which makes it a useful ingredient in the production of medicines and topical creams for the treatment of various skin conditions.

✦Natural and sustainable: Citral is a natural and sustainable ingredient that is derived from citrus fruits such as lemon and lemongrass. This makes it a popular choice for consumers who are looking for natural and eco-friendly products.

Overall, the benefits of citral make it a valuable ingredient in many different industries, and the demand for citral is expected to continue growing in the coming years.

[techsciresearch]

Asia Pacific Perfume and Deodorants Market Grows With Double Digit CAGR During the Forecast Period

Increasing disposable income among the population is driving the Asia Pacific Perfume & Deodorants Market growth in the forecast period.

According to TechSci Research report, “Asia Pacific Perfume & Deodorants Market By Type (Perfumes {Eau de Cologne, Eau de Parfum and Eau de Toilette} and Deodorants {Gas and Non-Gas}) By Packaging (Below 50 ml, 50-100 ml, 101-150 ml, 151-200 ml and Above 200 ml) By Sales Channel (Traditional Stores, Supermarket/ Hypermarket, Specialty Stores, Online, and Others) By Country, Competition Forecast & Opportunities, 2026”, the Asia Pacific perfume & deodorants market is projected to grow with an impressive double digit CAGR in the forecast period, 2022-2026. The market growth can be attributed to the increase in demand of fragrant products to maintain freshness and hygiene of the human body by the working population of the region. The premium and exquisite products are flooding the regional market thereby driving the growth of the market in the upcoming five years. Top players in the market are focusing on the end user’s demand and thus creating perfumes and deodorants based on their preferences. To target the male consumers, the market players are providing the products that are more woody, citrusy, and amber-oriented whereas female consumers are more inclined and thus provided with floral, sweet, and oriental notes. This availability of the wide range of the products is a major factor that is driving the growth of the Asia Pacific perfume & deodorants market in the next five years.

Moreover, the market players are actively implementing the scent marketing strategy to influence the consumers’ purchasing decision. This factor will majorly enhance the growth of the Asia Pacific perfume & deodorants market in the forecast period. Based on type the perfume and deodorants market are categorized into eau de cologne, eau de parfum and eau de toilette as different types of perfumes available in the market whereas gas and non-gas as the different type of deodorants. Perfumes are differentiated by their area of uses; eau de cologne are majorly used by the male consumers, where as eau de parfum is female perfume, and eau de toilette is the perfume category that is majorly used for the room and toilet fresheners. Deodorants are differentiated into two types that is gas and no gas which focusses on the authenticity and the value of the product by defining its gaseous nature that may lead to differentiating the products based on the quality.

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The Asia Pacific perfume & deodorants market is segmented by type, packaging, sales channel, country distribution, and competitional analysis. Based on type, the market is categorized into perfume and deodorants, that are utilized as the fragrant products. Deodorants are expected to hold the larger market share in the upcoming five years owing to the fact that deodorants are cost effective as compared to the perfumes. They are marketed as the mass-product, and recent development of the herbal and non-skin irritant products is driving the market dominance in the future five years. Moreover, countries like India and China are focused over anti-bacterial deodorants thus targeting a broader segment of the consumers.

Perfumes are expected to show a faster growth in the market segment, the market segment growth can be attributed to the rising popularity of the exclusive and luxury brands. The population with the available financial resources and preference to the luxury brands are driving the market growth. The advancement of the products took place when the products with the addition of pheromones (hormones) in the perfume were introduced in the market. Both male and female consumers are inclined toward the product for its promise to attract the opposite sex if used.

Some of the major competitors in the market are Revlon, Firmenich International SA, Estée Lauder Asia Pacific Limited, L'Oreal Group, Christian Dior Couture, Giorgio Armani Hong Kong Limited, Unilever Asia Private Ltd., Procter & Gamble Asia, Church & Dwight, Co., Inc., Godrej Group, among others. Top players are actively involved in the research and development of better, herbal, less skin irritant product, that satisfies the consumer needs along with their preferences. Other growth strategies include partnerships with the top players of the industry thus establishing a growing market with new brand names.

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“Young and working population along with the disposable income available with this set of population in India is driving the market and thereby proving India as the most promising country for the future of the market growth. Also, the climatic affects like the hot and humid climate in almost all south Asian countries are fueling the need of perfumes and deodorants. In the next five years, we are expecting India to outgrow the Australian market that held the largest market share by far in last five years ,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Asia Pacific management consulting firm.

“Asia Pacific Perfume & Deodorants Market By Type (Perfumes {Eau de Cologne, Eau de Parfum and Eau de Toilette} and Deodorants {Gas and Non-Gas}) By Packaging (Below 50 ml, 50-100 ml, 101-150 ml, 151-200 ml and Above 200 ml) By Sales Channel (Traditional Stores, Supermarket/ Hypermarket, Specialty Stores, Online, and Others) By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Asia Pacific perfume & deodorants and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Asia Pacific Perfume & Deodorants.

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Global Cosmetovigilance Market

Global Cosmetovigilance Market was valued US$ 2.6 Bn in 2018 and is expected to reach US$ 5.1 Bn by 2026, at CAGR of 8.79% during forecast period.

The increased risk associated with the use of cosmetic products is expected to drive cosmetovigilance industry growth during the forecast period. Cosmetics like skin brightening creams, moisturizers and skin ointments contain several chemical compounds that may not suit every individual and may generate a certain type of skin reactions resulting in high demand for cosmetovigilance services. In addition, beauty products and shampoos can also cause skin irritations and rashes.

Adverse events are reported against these conditions that prove beneficial for industry growth as it upsurges the demand for fixation of the condition. However, lack of awareness regarding cosmetovigilance in developing and underdeveloped countries will hinder cosmetovigilance market growth in predictable future.

Based on a service provider, business process outsourcing (BPO) segment is projected to show over 6% CAGR during the forecast period. Increasing preference of companies towards outsourcing vigilance activities to retain its focus on the company’s core competencies will favour segmental growth. Growing adoption of advanced cosmetovigilance software by business process outsourcing firms will further accelerate the business growth.

On the basis of reported categories, perfumes and deodorants segment accounted for over 11% revenue share in 2018 and will grow significantly over the forecast period. Group of chemicals like paraben, fragrances, triclosan, and aluminum chloride hexahydrate is used in deodorant. These chemicals might lead to skin burning, irritation and cancers. Also, risks related to the cosmetic product will favor segmental growth.

Region-wise, Europe is expected to leading the market for a cosmetovigilance during the forecast period. EU Commission implements certain guidelines for reporting cases against adverse events. So, a scenario in Europe is promising for new entrants willing to grab potential share in cosmetovigilance market as the laws and trade policies are favorable. Additionally, awareness regarding the availability of the technologically advanced cosmetovigilance system is considerably high that will prove helpful for the regional industry growth.

Several leading players operating in cosmetovigilance market globally. Pharsafer Ltd. offers pharmacovigilance and medical information services. The company delivers cosmetovigilance, business development and outsourcing, consultancy, training, and audits & regulatory inspection solutions.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Cosmetovigilance Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Cosmetovigilance Market.

Scope of the Global Cosmetovigilance Market

Global Cosmetovigilance Market, Service Type

• Pre-marketing serviceso Clinical safety testingo Document writingo Risk managemento Others• Post- marketing serviceso Case intakeo Case triageo Data entry & acquisitiono Tracking and reportingo OthersGlobal Cosmetovigilance Market, By Reported Categories

• Skincare• Makeup• Haircare• Perfumes and deodorants• Hair colorants• OthersGlobal Cosmetovigilance Market, By Service Provider

• Clinical research organizations (CROs)• Business process outsourcing (BPOs)Global Cosmetovigilance Market, By Region

• North America• Europe• Asia Pacific• Middle East and Africa• South AmericaKey Players operating in Global Cosmetovigilance Market

• iSafety• ZEINCR• Skill Pharma• FMD K&L• Poseidon CRO• MSL Solution Providers• AxeRegel• Pharmathen• Cliantha• PharSafer• Freyr• OC Vigilance.

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Adult Diapers Market: Growth opportunities through 2027

Adult diapers are utilized by individuals who can't control their entrails developments and bladder. Notably, older individuals who are in a wheelchair or confined to bed, and the individuals who are experiencing dementia and can't perceive the need to go to the toilet can utilize grown-up diapers. The Asia Pacific accounted for the largest share of the global adult diapers market. The dominance of this region is primarily attributed to a rapidly burgeoning geriatric population in countries such as China, Japan, and India. The presence of manufacturers such as Friends Diaper and Kimberly-Clark Corporation drives the growth of the adult diapers market in the region.

The global adult diapers market was valued at US$ 11,291.4 million in 2018 and is projected to reach US$32,859.2 million by 2027; it is expected to grow at a CAGR of 12.6% during 2019–2027.

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The increasing occurrence of incontinence and the growing elderly population are significant contributors to the adult diapers industry. Consumers are less hesitant about discussing health issues such as hypertonicity of bladder and incontinence. The gradually decreasing stigma and taboo associated with discussing incontinence and using incontinence products has led to wider acceptance of adult diaper products. To increase the acceptance of adult diapers a number of manufacturers are engaging customers through consumer education programs and promotional campaigns in a bid to dignify the use of adult diapers. Manufacturers have particularly been interested in developing incontinence products for women, who are more likely to suffer from bladder weakness owing to child birth. The rising acceptance of adult diapers among the female population is attributed to the marketing of adult diapers as feminine and discreet. In order to captivate the attention of buyers a number of shopping malls are placing adult diapers in personal care aisle with products such as menstrual pads, perfumes, and deodorants. As adult diapers are finding ever more acceptance in individuals suffering from disabilities, incontinence, and prostate disorders the adult diaper manufacturers are likely to find lucrative business opportunities in the forecast period. The high acceptance of adult diapers among the burgeoning educated class that places greater importance on personal care hygiene products has led to significant uptake of adult diapers and subsequently driven the market.

The major players operating in the global adult diapers market include Domtar Corporation, Drylock Technologies, Kimberly-clark Corporation, Essity, Ontex, Principle Business Enterprises, First Quality Enterprises, Inc., Abena, Chiaus, Health Care Products, Inc. and Ever Green. among others. These key players in the market are focused on new and improved product offerings so that it could meet out the demand for specific end-use industries in the market, which is further expected to boost this market. For Instance, in 2019, PBE announced the expansion of its incontinence product line by launching bariatric absorbent products (3XL+),  and Tranquility AIR-Plus Bariatric Briefs.

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Get deep insights of Neryl Acetate Market

Neryl acetate market will grow at a rate of 8.80% for the forecast period of 2021 to 2028. Increasing demand for flavors and perfumes from developed and emerging countries is a vital factor driving the growth of neryl acetate market.

Neryl Acetate Market Scope and Market Size

Neryl acetate market is segmented on the basis of product and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

Based on product, the neryl acetate market is segmented into 95% purity, 98% purity and 99% purity.

The neryl acetate market is also segmented on the basis of application into perfumes, deodorant, pharmaceuticals, creams, lotions, soap and shampoo and other personal care.

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Market Analysis and Insights: Global Neryl Acetate Market

Neryl acetate market will grow at a rate of 8.80% for the forecast period of 2021 to 2028. Increasing demand for flavors and perfumes from developed and emerging countries is a vital factor driving the growth of neryl acetate market.

Neryl acetate is a type of complex chemical compound that is generally found in the citrus oils. Neryl acetate has sweet, soapy, fruity, floral, and citrus notes and is majorly used in flavors and perfumery applications for fruity and floral applications. It is generally preferred in the applications such as jasmine and neroli fragrances and is also a chemical which has IUPAC name 3,7-dimethylocta-2 and 6-dien-1-yl acetate. Therefore, increased demand and low production is raising the prices of neryl acetate in the flavors and perfumery market. It is more costly than geranyl acetate and has effective smell than that of geranyl acetate. They are also available in the market in different concentrations, which decides its cost and fragrance performance and the key applications of neryl acetate includes alcoholic perfume, antiperspirants, deodorant, lotions, creams, liquid soap, shampoos, liquid detergents, candles and incense amongst others.

Country Level Analysis of Neryl Acetate Market

The countries covered in the neryl acetate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Neryl Acetate Market Share Analysis

Neryl acetate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to neryl acetate market.

Key Drivers in Neryl Acetate Market

The major players covered in the neryl acetate market report are Takasago International Corporation, Privi Speciality Chemicals Limited, Prasol Chemicals Pvt. Ltd, The Good Scents Company (tgsc), Prodasynth, Citrus and Allied Essences Ltd, Eastman Chemical Company, Celanese Corporation, Wacker Chemie AG, Solventis, Teknor Apex, Producers Chemical Company, CABB GmbH, SolvChem, Jiangsu SOPO (Group) Co., Ltd, Esterindia, Acros Organics B.V.B.A., Terpenes UK, Glentham Life Sciences Limited and Augustus Oils Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: neryl acetate market

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Global Neryl Acetate Market is Driven by Increasing per Capita Consumption All Over the Globe

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Asia-Pacific Oil Refining Catalyst Market is expected to grow at 9.1% in the Forecast Period of 2020 to 2027

The Global Auto Catalyst Market is projected to Grow at A CAGR of 4.20% During the Forecast Period

Global Oil Refining Catalyst Market is expected to grow at 5.1% in the Forecast Period of 2021 to 2028

The Global Polyolefin Catalyst Market is projected to Grow at a CAGR of 5.00% During the Forecast Period

The Global Syngas Catalyst Market is projected to Grow at a CAGR of 8.00% During the Forecast Period

Global Refinery Catalyst Market – Industry Trends and Forecast to 2028.

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Fragrance Product Market Restraints

The global fragrance market is divided into three categories: perfume, deodorant, and others. The household user dominates the fragrance product market, followed by personal care. North America has the largest fragrance product market share, followed by Europe and Asia-Pacific. The Asia-Pacific region is expected to experience the highest growth in fragrance products in the coming years, owing to rising domestic demand in developing countries such as India and China.

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CBD-Infused Products Market : Meticulous Research® Uncovers the Reasons for Market Growth at a CAGR of 45.6% to reach $216.8 Billion by 2028

Cannabis comprises various compounds known as cannabinoids, consisting of Tetrahydrocannabinol (THC) that induce psychoactive effects. CBD-infused products are used to treat anxiety, chronic pain, sleep ailments, and mood disorders. Another type of cannabis plant known as hemp is typically grown for its fiber. Cannabis extracted from hemp does not contain more than 0.3% of THC. Hemp is largely used in industrial applications, including paper manufacturing, clothing, biofuel, food & beverage products, oil, and other types of THC-free CBD products. However, marijuana is mainly used for recreational and medicinal purposes.

In its latest publication on the CBD-infused products market, Meticulous Research states that the market will grow at a CAGR of 45.6% from 2021 to 2028 to reach $216.8 billion by 2028.

The growth of this market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products. The usage of cannabis in pet food and increasing demand for cannabis-infused drinks provide significant growth opportunities for CBD-infused product manufacturers in the coming years.

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To provide efficient analysis, Meticulous Research® has segmented this market based on source (hemp and marijuana), type (CBD-edibles {confectionery products, bakery products, beverages [non-alcoholic beverages and alcoholic beverages], coffee & tea products, and other products}, CBD-oil and extracts, CBD-personal care products {skincare products, haircare products, deodorants and perfumes, and other personal care products}, CBD-smoke & vape products, CBD-supplements, CBD-pet products, and other CBD-products), distribution channel (offline store {dispensary, pharmacies, natural health foods store, and other stores} and online store), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).

Based on source, the CBD-infused products market is mainly segmented into hemp and marijuana. The hemp segment accounted for the largest share of the CBD-infused products market in 2020. The large share of this segment is mainly attributed to its lower THC concentrations, which decrease or eliminate its psychoactive effects and increase hemp-derived products for various medical applications. Also, its anti-inflammatory, anti-aging, antioxidant properties, and high effectiveness of CBD extracted from hemp is a key factor for the large share of this segment. However, it is also expected to witness significant growth, as some governments regulate the concentration of THC and permit only hemp with an especially low THC content.

Based on type, the CBD-infused products market is segmented into CBD-edibles, CBD-oil and extracts, CBD-personal care products, CBD-smoke & vape products, CBD-supplements, CBD-pet products, and other CBD-products. The CBD-edibles segment accounted for the largest share of the CBD-infused products market in 2020. The large share of this segment is mainly attributed to the growing popularity of recreational cannabis, increasing demand for food infused by cannabis such as THC and CBD, rising adoption of CBD in different verticals such as confectionery, bakery, etc., and cannabis consumer are looking for alternatives to smoking cannabis. Also, increasing use of CBD-edibles to treat psychiatric disorders, neurological disorders, and cancer, along with pain control, is expected to drive the demand for CBD-edibles. However, it is also expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing social acceptance of CBD-infused edibles.

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Based on type, the CBD-infused beverages market is segmented into non-alcoholic beverages and alcoholic beverages. The non-alcoholic beverages segment accounted for the largest share of the CBD-infused beverages market in 2020. The large share of this segment is mainly attributed to the increasing product demand from newcomers and rising demand for wellness drinks among consumers.

Based on type, the CBD-infused personal care products market is segmented into skincare products, haircare products, deodorants and perfumes, and other personal care products. The skincare products segment accounted for the largest share of the CBD-infused personal care products market in 2020. The large share of this segment is mainly attributed to its antioxidant property, which reduces the pain of inflammatory skin and helps prevent aging signs problems.

Based on distribution channel, the CBD-infused products market is segmented into offline and online stores. The offline stores segment accounted for the largest share of the CBD-infused products market in 2020. The large share of this segment is mainly attributed to the perception of purchasing authentic and good quality products. However, the online store segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the ease of convenience and rapid penetration of CBD-infused products on E-commerce platforms. Also, the availability of CBD-infused drinks on leading online platforms is playing a crucial role in the CBD-infused products market.

Geographically, the North American region accounted for the largest share of the CBD-infused products market in 2020. The large share of this region is primarily attributed to the ease of accessibility, technological advancements in CBD-infused products production and processing, a large base of CBD consumers, changing perceptions towards CBD consumption for both medical and recreational purposes, growing awareness regarding various medical benefits of CBD among users, and increasing investments from leading players. The U.S. is expected to dominate the North American market through 2027, mainly due to the increasing R&D expenditures on CBD and rising consumer spending on CBD-infused products.

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The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence for some of the key players operating in this market, including Canopy Growth Corporation (Canada), Aphria, Inc. (Canada), Aurora Cannabis Inc. (Canada), Docklight Brands, Inc. (U.S.), Maricann Inc. (Canada), Tilray, Inc. (Canada), GW Pharmaceuticals plc (U.K.), VIVO Cannabis Inc. (Canada), Cresco Labs, Inc. (U.S.), Tauriga Sciences, Inc. (U.S.), MariMed Inc. (U.S.), CV Sciences, Inc. (U.S.), Puration, Inc. (U.S.), Kona Gold Solutions Inc. (U.S.), Bhang Inc. (U.S.), DT Brands & Co (N.I.) Ltd. (U.S.), Forest Coffee Trading Co. (U.S.), G&Juice (U.S.), Honeydrop Beverages Inc. (U.S.), and Elixinol Global Limited (Australia).

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Natural Aroma Chemicals Market Revenue Analysis & Region and Country Forecast To 2027

Natural Aroma Chemicals Market is published to reach USD 8.41 billion by 2027. The market is rising rapidly as the demand for the odorants, and fragrant intensifiers are growing considerably in the global market. Perfumes, body deodorants, air-fresheners, soaps, food-scented chemicals are some of the highly consumed end-use products which add to the aroma ingredients market value appreciably. Massive demand for the personal care industries specializing the skincare, hair care products, and a sudden enormous lift in the growth of the medicated personal care & topical medicinal products have substantially propelled the overall market growth and expected to add to the market share predominantly in the forthcoming years. Chemical compounds such as Esters, terpenes have the most number of applications and hence have the highest demand from the end-users.

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Key Companies:

BASF SE, International Flavors & Fragrances Inc., Privi Organics India Limited, MANE, Hindustan Mint & Agro Products Pvt. Ltd., SymriseAG, Takasago International Corporation, Givaudan, Fairchem Speciality Ltd, and PFW Natural Aroma Chemicals, among others.

Further key findings from the report suggest:

Floral fragrances owing to its maximum end usages, possesses the highest market share of 16.3% in 2019 and would grow fastest at a rate of 6.1% during the forecast period. These fragrances are used in the perfumes, deodorants, cologne scents, fragrance powder, and soaps, among others. Rose, lilac, and lavender are some of the most used floral fragrances.

Medical usage consists of the healthcare & medicated products and the treatments done with the aroma ingredients. Aromatherapy reduces mental and physical stress and also diminishes several mental ailments as well as severe headache. Aromatic products arouse the sexual appealing by stimulating the hormonal secretions. The sub-segment is expected to achieve a higher market share by 2027.

Advancement in manufacturing techniques, a higher availability of the resources for the manufacturing units, dexterous processing technique, higher production capacity, increased consumers, and favorable business models of export & import, the Asia Pacific developing countries have been in trend for the raw material and chemical products outsourcing.

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Market Overview:

The global  Natural Aroma Chemicals market is rapidly expanding over the last few years and is expected to register a robust CAGR in the coming years. Technological advancements, increasing need to develop sustainable and biodegradable products, and rising disposable income across the globe are key factors boosting global market growth. Increasing investments and funding from government to support materials and chemical industry and increasing demand for chemicals and raw material in various sectors including pharmaceutical and biotechnology, food and beverage, and increasing awareness about organic soaps and perfumes are further expected to fuel market growth.

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Natural Aroma Chemicals Market segmentation by Types:

Floral

Woody

Citrus

Fruity

Musky

Menthol

Spicy

Oceanic

Savory

Others

Natural Aroma Chemicals Market segmentation by Application:

Cosmetics & Toiletries

Household Products

Foods & Drinks

Medical Usage

Others

The regional analysis covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Global Flavors & Fragrances Market Study, 2014-2030

Prismane Consulting is pleased to publish its Flavors & Fragrances Market Market Study Report which includes historic and current market situation of Flavors & Fragrances Market across several end-use industries.

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This market study describes the global Flavors & Fragrances Market market, with focus on major countries and their subsequent demand across different applications and sub-applications. The study covers demand-supply analysis for regions including North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific, Middle East and Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Poland, Turkey, China, Japan, India, South Korea, Thailand, Taiwan, South Africa, and Saudi Arabia. The market is segmented based on end-use which includes Perfumes & Deodorant, and others.Flavors & Fragrances Market Production capacity expansions, force majeure, de-bottlenecks, plant shutdowns and new product developments have been considered in the report.

Flavors & Fragrances Market demand patterns are dramatically different between various regions and countries. In the areas with mature economies, demand growth for Flavors & Fragrances Market is expected to fall well below global averages primarily due to the geographic shift of many manufacturing industries to areas of lower labor costs such as China, India, and the ASEAN region.

The primary driver for the growth in demand of Flavors & Fragrances Market in Asia has been the migration of labor-intensive downstream conversion industries from developed high labor cost regions like North America and Western Europe.

Topics Covered

The report covers the following topics:

Flavors & Fragrances Market Market data in term of volume and value for each end-use at regional and country level

Flavors & Fragrances Market Market analysis for production, capacity, demand, supply, trade, and utilization rates at regional and country level

Trade balance and target markets for current situation, new expansions, or new projects

Business opportunity assessment

Macro-economic factors like GDP, population, and world economic integration

Strategic issues and recommendations

Strategic recommendations for vendors, and industry stakeholders

Market analysis and forecasts (short-, mid- and long-term forecast) from 2015 till 2030

Flavors & Fragrances Market Market: Applications Covered

Global Flavors & Fragrances Demand Analysis By Type,

By End-Use Industry, (Volume, Value) (2014–2030)

Strategic Issues

Demand Analysis and Forecast (2014 – 2030)

Demand

Demand Growth Rate (%)

Driving Force Analysis

Global Flavors & Fragrances Market, By Type

Natural

Synthetic

Global Flavors & Fragrances Market, By End-Use Industry

Food & Beverages

Perfumes & Deodorant

Household Cleaning products

Consumer Products

Others

Flavors & Fragrances MarketMarket: Regions covered

- Asia Pacific

- Eastern Europe

- Central & South America

- Middle East & Africa

- North America

- Western Europe

Key Questions Answered

The Global Flavors & Fragrances Market Market study answers the following key questions:

How big is the Flavors & Fragrances Marketmarket?

How is the Flavors & Fragrances Market market evolving by demand-supply, segment, and region?

What will the Flavors & Fragrances Market market size be in 2030 and at what rate will it grow?

What trends, challenges and barriers are influencing its growth?

Who are the key manufacturers and what are their shares in different region?

What opportunities and target markets exist for Flavors & Fragrances Market

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Men Personal Care Market Latest Industry Trend, Challenges, Strategy Forecast to 2030

The men personal care market size is expected to reach $276.9 billion by 2030 at a CAGR of 8.6% from 2021 to 2030.

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Men personal care products are non-medicinal consumable products designed for men to use for personal care and grooming. The products can be rubbed, poured, sprinkled, sprayed on, or otherwise applied to the body for cleansing, toning, moisturizing, hydrating, conditioning, massaging, coloring/decorating, soothing, deodorizing, perfuming, and styling. The men personal care market provides a wide range of products, including deodorants, shampoos, shaving gels, aftershaves, bar soaps, and moisturizing creams, at varying prices to meet the needs and purchasing power of consumers.

The men personal care market analysis is done according to segmentation on the basis of type, age group, price point, distribution channel, and region. On the basis of type, the men personal care market segment is categorized into hair care, shaving, oral care, personal cleanliness, skin care, and others. As per age group, it is divided into 18-29 years, 30-59 years, and 60 years and above. Based on price point, it is fragmented into low, medium, and high. According to distribution channel, it is divided into hypermarkets & supermarkets, drug stores or pharmacy, mass merchandiser, departmental stores, mono-brand stores, specialty stores, and online sales channel. Region wise, the men personal care market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By type, the oral care segment was highest revenue contributor in 2020, as mouth fresheners have gained popularity among men during the men personal care market forecast. By age group, the 18-29 years segment held the largest men personal care market share, due to increase in awareness of one's appearance, personal well-being, and grooming.

By price point, the low segment was highest revenue contributor in 2020, as low-price products are preferred by most of the consumers. By distribution channel, the drug stores or pharmacy held the largest market share because this type of stores contains all types of personal care products.

The increased emphasis on physical appearance among young people, particularly men, combined with changes in lifestyles, and particularly in developed countries, are expected to drive the growth of the global men personal care market. Furthermore, the increase in disposable income and consumer preference for professional personal care products are expected to drive revenue growth in the target market.

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The high cost of personal care products, on the other hand, is a significant factor that is expected to restrict global market growth. Furthermore, the ease at which counterfeit products are available in local markets is a major factor that may have an impact on global market growth to some extent.

The disruption of supply chains, particularly for personal care, was a major issue for manufacturers during the COVID-19 situation, as countries closed their borders or raised trade barriers during the lockdown. As a result, manufacturers and exporters faced intense competition to export their goods. Furthermore, on-premise sales at supermarkets and convenience stores have decreased as a result of subsequent lockdowns and the closure of retail stores, as people have been practicing social distancing and avoiding gatherings and outings. However, sales through online retail channels aided market penetration significantly.

The rise in standard of living, the positive effects of personal care on self-esteem and social interaction, and the gradual consumer shift toward premium and luxury personal care brands are indeed a few of the factors and men personal care market trends that are expected to drive the market growth during the forecast period.

Change in lifestyle and rise in disposable income have boosted the demand for the men personal care products. In addition, the growth in the number of product offerings to tap the frequently changing grooming habits of men and organized retail, including online retail, further fuel the men personal care market growth. However, harmful effects of chemicals and escalation in packaging costs have emerged to be two major challenges for the companies. Furthermore, it is observed that there is a rise in consciousness amongst men toward their health, cleanliness, fitness, and well-being. This unfolds many opportunities for the market players.

The major drivers are an increase in disposable income among the emerging middle-class population, the introduction of many customized products, technological innovations in personal care products, an increase in the number of fashion-conscious users, an increase in male grooming, the development of organized retail, the availability of a wide range of products, and an increase in the elderly population. Furthermore, the rise in migration of rural populations to large metropolitan areas contributes to increased consumption, indicating a significant growth opportunity in the men personal care industry.

Product launches, mergers and acquisitions, joint ventures, and geographic expansions are key strategies used by men personal care industry players. Prominent men personal care market players are focusing on product innovation by offering more innovative products to consumers to address various personal hygiene concerns. The key players in the global men personal care market include Johnson & Johnson (U.S.), P&G Co. (P&G) (U.S.), L’Oréal S.A. (France), The Estee Lauder Companies, Inc. (U.S.), Unilever (UK), Avon Products, Inc. (U.S.), Kao Corporation (Japan), Colgate-Palmolive Company (U.S), Beiersdorf Akteingesellschaft (AG) (Germany), and Shiseido Company Ltd. (Japan). Other players in the value chain, even though not profiled in the report, include Combe, Inc., Conaire Corporation, Revlon, Inc., Godrej Industries Ltd., Mary Kay, Inc., and Amway Corporation.

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Key findings of the study

The global men personal care market was valued at $124.8 billion in 2020, and is projected to reach $276.9 billion by 2030, registering a CAGR of 8.6% from 2021 to 2030.

By type, the oral care segment was the highest contributor to the market, with $34.9 billion in 2020, and is estimated to reach $83.7 billion by 2030, at a CAGR of 9.5% during the forecast period.

By age group, the 18-29 years segment was the highest contributor to the market, with $59.1 billion in 2020, and is estimated to reach $137.1 billion by 2030, at a CAGR of 9.1% during the forecast period.

By price point, the low segment was the highest contributor to the market, with $59.1 billion in 2020, and is estimated to reach $138.2 billion by 2030, at a CAGR of 9.2% during the forecast period.

By distribution channel, the drug stores or pharmacy segment was the highest contributor to the market, with $28.8 billion in 2020, and is estimated to reach $63.4 billion by 2030, at a CAGR of 8.5% during the forecast period.

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Perfumes And Deodorants Market Is Projected To Reach USD 89.79 Billion By 2027

The global perfumes and deodorants market size is expected to reach USD 89.79 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.9% from 2020 to 2027. Market growth is attributed to rising global demand for high-end and premium branded perfumes and deodorants. At the macro level, rising consumer disposable income, along with their increasing willingness to pay a premium for perfumes and deodorants, is a key factor favoring market growth.

Recent years have witnessed a significant demand for organic and natural products worldwide, with consumers becoming increasingly aware of the contents in the personal care products they use, most notably in the perfumes space. Organic perfumes are manufactured using 100% naturally-sourced ingredients, typically plant-based. To be classed as organic, a natural perfume should contain at least 80% certified organic ingredients.

Prominent perfume and deodorant brands usually deploy the scent marketing strategy to influence customers’ buying decisions. Scent marketing (also called olfactory marketing or aroma marketing) refers to the technique of using a pleasant scent/aroma to improve the customer experience in retail outlets. Scent marketing is known to significantly increase customer foot traffic while influencing them to spend on the products they value.

Although perfume and deodorant brands have traditionally been introducing dissimilar products for men and women, recent years have witnessed rising instances of numerous brands launching genderless products to target both the male and female segments alike. For instance, in August 2019, Gucci, an Italian luxury fashion brand, launched its new line of genderless or unisex perfume under the label Mineral Aromatic. Such trends are likely to surface over the forecast period, given the increasing need among brands to innovate their products to stay competitive.

North America dominated the market for perfumes and deodorants in 2019, led by U.S. and Canada. Rising consumer awareness regarding hygiene, along with increasing availability of varied perfumes and deodorants across all distribution channels, is positively impacting the growth of the North America market. Furthermore, rising popularity of performance-driven or functional products, most notably among U.S. consumers, has been encouraging manufacturers to broaden their product portfolio to include antiperspirants that are effective on the human body for an extended period.

The market is characterized by intense competitive rivalry, with both domestic and international players sharing the market space. Product innovation and capacity expansion are among the key competitive strategies deployed by prominent market players over the years. In this regard, product innovation within the industry also includes development of products in convenient or user-friendly packages. For instance, in April 2020, Yardley, a U.K.-based personal care brand, introduced its new line of pocket-sized sanitizer perfumes under the label Eau De Cologne. These perfumes were designed to act both as a perfume and as a sanitizer. Other prominent brands are likely to follow suit, given the rising demand for hand sanitizers on account of the COVID-19 pandemic.

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Perfumes And Deodorants Market Report Highlights

In terms of distribution channel, the supermarkets and hypermarkets segment accounted for the largest share in 2019

By type, the perfumes segment is expected to witness the fastest growth over the forecast period. The growth of this segment is attributed to rising demand for premium perfumes over the forecast period

North America emerged as the largest regional market in 2019.

Perfumes And Deodorants Market Segmentation

Grand View Research has segmented the global perfumes and deodorants market on the basis of type, distribution channel, and region:

Perfumes & Deodorants Type Outlook (Revenue, USD Billion, 2016 - 2027)

Perfumes

Deodorants

Perfumes & Deodorants Distribution Outlook (Revenue, USD Billion, 2016 - 2027)

Supermarkets & Hypermarkets

Specialty Stores

Pharmacies

E-commerce

Others

Perfumes & Deodorants Regional Outlook (Revenue, USD Billion, 2016 - 2027)

North America

Europe

Asia Pacific

Central & South America (CSA)

Middle East & Africa (MEA)

U.S.

Germany

U.K.

China

India

Brazil

UAE

List of Key Players of Perfumes & Deodorants Market

Revlon, Inc.

Estée Lauder Inc.

L'Oreal Group

Beiersdorf AG

Christian Dior S.A.

Calvin Klein, Inc.

Burberry Group plc

Giorgio Armani S.p.A

Unilever

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.

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Men’s Grooming Products Market Competitive Environment & Distribution Channel Analysis, 2025

The global Men’s Grooming Products Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global men’s grooming products market is projected to reach USD 78.5 billion by 2025, as per a new report by Million Insights. The market is expected to grow with a CAGR of 5.2%, during forecast years. Increasing beauty consciousness among men, growing awareness about the importance of overall body grooming and society's influence towards aesthetically appealing looks are driving the industry.

Key Players:

Procter and Gamble

Unilever

L’Oreal

Johnson & Johnson Consumer Inc.

ITC Ltd.

Edgewell Personal Care Co.

Coty, Inc.

Philips

Energizer Holdings Inc.

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Growth Drivers:

Men’s grooming products are meant for different body parts that include hair care, shave care and skincare. The latest developments and innovations in several grooming techniques such as hair spray and beard wax are bolstering the demand for grooming products. Well-groomed individuals are preferred right from the corporate world to the modeling industry. The quest to redefine an individual’s career have changed the male’s grooming process. The men’s grooming market is among the fastest increasing consumer businesses. Further, increasing awareness about overall body care and quest to improve social reach have further supplemented the market growth.

Increasing e-commerce industry is positively affecting industry growth. Millennials account for a major share in online sales and their contribution will continue to increase during the forecast period. Online purchasing provides a detailed description of products along with price comparison, making it easier for the consumer to make a decision about purchasing. Owing to the rising popularity of the online segment, companies are focusing on strengthening their online presence.

Products Type Outlook:

Hair Care

Skin Care

Fragrances

Distribution Channel Outlook:

Supermarket/Hypermarket

Convenience Stores

Pharmacy

E-commerce

Based on the distribution channel, the market is classified into supermarket/hypermarket, pharmacy, convenience store and e-commerce. The convenience store held the largest market, in 2018. Online sales of men’s grooming products are expected to exhibit significant growth rate owing to multi-channel retailing and celebrity endorsement. Emerging markets such as India, China, Indonesia and others, where rapid urbanization is taking place, are expected to contribute significantly in the e-commerce segment.

Despite rapidly growing e-commerce platforms, the segment still accounts for comparatively lower sales. This is because consumers tend to try the products before making purchasing decisions. Store-based vendors often have a specific section for such customers.

Regional Outlook:

Europe held the largest market share, in 2018 because of growing number of skin and hair grooming products in the region. The rising trend of maintaining a youthful appearance to make oneself presentable is the primary factor attributing to the growth of the market in the region. Millennials are increasingly using products such as powders, body lotion, perfumes and deodorants to attract their peers.

The Asia Pacific is expected to be the fastest-growing region owing to increasing consumers’ purchasing power and rapidly increasing the e-commerce industry in the region. Regular use of body lotions and skin care products are positively affecting the market in this region.

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