The global fragrance emulsifier market was worth US$ 714.4 million in the year 2023 and is expected to reach US$ 1,000.8 million by the year 2033 at a CAGR of 4.1% between 2022 and 2032.
Due to rising costs associated with natural fragrances, entrepreneurs are pushed to seek for cost-effective synthetic replacements. Other benefits include consistent supply, consistent pricing, and decreased manufacturing costs. On these grounds, Solvay introduced Eugenol Synth – fragrance applications with olfactory qualities equivalent to those produced from cloves – in January 2021. This very pure synthetic eugenol does provide dependable options for helping to meet the needs of the F&F (Flavours and Fragrance) sector.
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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
Author
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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