Aroma Chemicals Manufacturers in India | Market Size to Reach US$ 378+ Million by 2028

Published February 27, 2023

According to IMARC Group latest published report, titled “India Aroma Chemicals Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” that the India aroma chemicals market size reached US$ 251.9 Million in 2022. Looking forward, the market expected to reach US$ 378.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.

Aroma chemicals, also called odorants, refer to natural or synthetic chemical compounds that impart flavor and fragrance to several products. They can be obtained from pure plant extracts and animals or artificially synthesized in laboratories by using numerous oils and fats. Aroma chemicals are highly volatile substances that range from extremely strong to light notes and help activate receptors in the nose, alerting the brain regarding the presence of an aroma. Consequently, they find extensive applications as an integral component in the manufacturing of toiletries, detergents, perfumes, fragrance oils, food, wines, spices, etc.

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India Aroma Chemicals Market Trends:

The escalating demand for natural and niche fragrances that are customizable according to the preferences of customers is primarily augmenting the India aroma chemicals market. Additionally, the introduction of innovative and attractive flavors by leading manufacturers is further catalyzing the market growth.

Besides this, the widespread adoption of chemical aromatics, such as benzene and toluene, as they play a crucial role for individuals suffering from neurological disorders, such as dementia or Alzheimer’s disease, and enhance cellular health, support the immune system, promote normal inflammatory responses, reduce the appearance of scars, rejuvenate the skin, etc., is acting as another significant growth-inducing factor.

Moreover, the inflating need for natural and plant-based aroma chemicals is propelling the market growth across the country. Apart from this, the development of exotic scents is also bolstering the market growth. Furthermore, the growing usage of cleaner technologies, such as supercritical fluid and microwave-assisted extraction techniques, is expected to fuel the India aroma chemicals market in the coming years. 

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The report cover the below key market segments:

Breakup by Type:

    • Natural
    • Synthetic

Breakup by Product:

    • Benzenoids
    • Musk Chemicals
    • Terpenoids
    • Others

Breakup by Application:

    • Soaps and Detergents
    • Cosmetics and Toiletries
    • Fine Fragrances
    • Others

Breakup by Region:

    • North India
    • West and Central India
    • South India
    • East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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