October 11, 2018 - 10:26 AM EDT
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Global Fragrance Oil Market Forecast up to 2023: Key Players are Takasago Symrise, Givaudan, International Flavors and Fragrances, and Firmenich Group - ResearchAndMarkets.com

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The "Global Fragrance Oil Market Forecast up to 2023" report has been added to ResearchAndMarkets.com's offering.

The fragrance oil is a synthetical lab-made aroma that is used as a major additive in products like perfumes, soaps, shower gel, laundry detergent, and others to provide fragrance to the products. Fragrance oil is classified mainly in these categories i.e., Natural and Synthetic. It provides an aroma longevity of the products.

Fragrance oil is widely utilized in fine fragrances, personal care products, household products, and others to impart aroma to the products. The fragrance oil can be natural or synthetic. The demand for fragrance oil is increasing owing to an increased demand of aromachology or utilization of fragrances for reduction of stress and change in moods.

North America dominates the market currently and is also expected to grow during the forecast period due to intense demand from various segments. The Asia Pacific region is expected to accelerate the market during the forecast period.

Some of the prominent key players in the fragrance oil market are Takasago Symrise, Givaudan, International flavors and fragrances, and Firmenich group.

Market Dynamics

Drivers

  • Increasing usage of aromachology
  • Increased usage of fragrances in personal care and house hold products
  • Increasing demand for custom fragrances

Restraints

  • Increasing regulations by regulatory bodies
  • Increasing demand for natural aroma
  • Fluctuations in raw material prices

Opportunities

  • Increasing demand for alcohol based free perfumes
  • Demand for various different aromas
  • Emerging markets in Asia Pacific

Types:

  • Natural
  • Synthetic

Applications:

  • Fine Fragrances
  • Personal Care
  • Household Products
  • Others

Key Topics Covered:

1 Executive Summary

2 Market Positioning

3 Market Outlook

4 Market Characteristics

5 Fragrance Oil Market, By Type

6 Fragrance Oil Market, By Application

7 Fragrance Oil Market, By Geography

8 Competitive Landscape

9 Vendor Profiles

  • Takasago
  • International flavors & fragrances (IFF)
  • Symrise
  • Givaudan
  • Firmenich

10 Customers Profile

  • Unilever
  • Procter & Gamble
  • Loreal
  • Revlon
  • Avon

11 Companies to Watch for

  • LDG International

For more information about this report visit https://www.researchandmarkets.com/research/rmdtdf/global_fragrance?w=4

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Related Topics: Oil, Fragrances


Source: Business Wire (October 11, 2018 - 10:26 AM EDT)

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