The global fragrance emulsifier market was worth US$ 689 Million in the year 2022 and is expected to reach US$ 1.03 Billion by the year 2032 at a CAGR of 4.1% between 2022 and 2032.
The entrepreneurs are motivated to go for cost-efficient synthetic alternatives in the wake of surmounting expenses related to natural fragrances. The other advantages include regular supply, steady pricing, and lower manufacturing costs. On these grounds, Solvay, in January 2021, came up with Eugenol Synth – fragrance applications abreast with olfactory properties that are comparable with the ones derived from the cloves. This highly pure synthetic eugenol does offer reliable alternatives for helping to suffice F&F (Flavors and Fragrance) market.
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Fragrance emulsifiers could be categorized as one of the food additives that could progressively replace the other additives in food products, thereby reducing content of inclusive fat. Processed foods prefer fragrance emulsifiers for helping in reducing bad cholesterol (LDL or low-density lipoprotein) in the food products; thereby enhancing their utilization in the processed foods.
The beauty and skin care segment is also not behind. Fragrance emulsifiers find their way herein as well. Along these lines, a 14-year-old lad, in May 2022, came up with a brand called ‘Bella Fragrances’.
Future Market Insights has walked through these facts with insights in its latest market study entitled ‘Fragrance Emulsifier Market’. It has its team of analysts and consultants with a bottom-up approach across macros and micros.
“With growing innovation in the fragrance vertical, the global fragrance emulsifier market is slated to grow on vehement grounds in the near future”, says an analyst from Future Market Insights.
Key Takeaways from Fragrance Emulsifier Market
- North America holds the largest market share due to the US and Canada being subject to massive expansion of the food & beverages sector. Several new restaurants are also being launched. Along these lines, Priyanka Chopra Jonas, in March 2021, did launch ‘Sona’ – an Indian restaurant. The region is also witnessing popularity of Japanese cuisines like sushi, ramen, and matcha. Flavors such as umami would be lending an extended support in the years to come.
- Europe holds the second-largest market share on the back of the UK and Russia having their bases herein. Coming to developments, Kerry Group, in March 2020, did set up a new-fangled development and food production facility at Georgia (Rome).
- The Asia-Pacific is expected to grow at a fast rate in the fragrance emulsifier market with India, China notably contributing toward the excessive demand for fragrance emulsifier.
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Competitive Emulsifiers
- Symrise AG, in July 2022, came up with Maison Lautier 1795. This brand does combine Grassois savoir-faire with a pretty sustainable vision for the natural ingredients. The basic purpose is that of facilitating production of grand cru natural essences crafted, curated, and sourced sustainably from all across.
- Firmenich, in June 2022, did announce that it planned merger with DSM Foods for floating DSM-Firmenich joint venture wherein strengths of the companies would be combined at US$ 21 Billion.
- Givaudan, Cargill, and Buhler, in July 2022, did establish a consortium with FoodTech HUB Latam and ITAL, Food technology Institute for building a food innovation center at Campinas (Brazil). This type of tropical Food Innovation Lab would cohabit Food Technology Institute and prove to be the go-to-place all over LATAM for developing sustainable food and beverages products.
- Givaudan, in October 2019, did announce production of amber- and woody-scented Ambrofix through fermentation from cane sugar. This process is reported to be carbon-efficient.
What does the Report Cover?
- The research study is based on notes (oriental notes fragrance emulsifiers (sweet spices, amber, and resins), woody notes fragrance emulsifiers (vetiver, amber, and dry wood), fresh notes fragrance emulsifiers (aromatic herbs, citrus oils, aquatic notes, green notes, and fruity notes), floral notes fragrance emulsifiers, and other notes fragrance emulsifiers), by application (fragrance emulsifier for personal care, fragrance emulsifier for cosmetics, fragrance emulsifier for pharmaceuticals, and fragrance emulsifier for other applications), and by distribution channel (direct fragrance emulsifier sales, and indirect fragrance emulsifier sales (supermarkets/hypermarkets, convenience stores, specialty stores, online retail, and others).
- With rising consumption of various packaged eatable products as well as beverages, the global fragrance emulsifier market is slated to grow on an astounding note in the near future.
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Key Segments Covered in the Fragrance Emulsifier Industry Analysis
Fragrance Emulsifier Market by Notes:
- Oriental Notes Fragrance Emulsifiers
- Sweet Spices
- Amber
- Resins
- Woody Notes Fragrance Emulsifiers
- Vetiver
- Amber
- Dry Wood
- Fresh Notes Fragrance Emulsifiers
- Aromatic Herbs
- Citrus Oils
- Aquatic Notes
- Green Notes
- Fruity Notes
- Floral Notes Fragrance Emulsifiers
- Other Notes Fragrance Emulsifiers
Fragrance Emulsifier Market by Application:
- Fragrance Emulsifier for Personal Care
- Fragrance Emulsifier for Cosmetics
- Fragrance Emulsifier for Pharmaceuticals
- Fragrance Emulsifier for Other Applications
Fragrance Emulsifier Market by Distribution Channel:
- Direct Fragrance Emulsifier Sales
- Indirect Fragrance Emulsifier Sales
- Hypermarkets/Supermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
- Others
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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