Lewes, DE -- (SBWIRE) -- 03/09/2015 -- Report forecast the Global Aroma Chemical market to grow at a CAGR of 5.51 percent over the period 2014-2019.

Aroma chemicals are ingredients used to impart fragrance to various end-use products. This market can be segmented into natural and synthetic aroma chemicals. The Global Aroma Chemicals market is expected to witness a healthy growth during the forecast period. It is primarily driven by the demand from companies that manufacture food, soaps and detergents, cosmetics, toiletries, and household products.

The Global Aroma Chemical market can be segmented into two segments based on type: Natural and Synthetic. Natural aroma chemicals are obtained from natural sources, i.e., plants, using processes such as distillation, expression, and extraction. However, synthetic aroma chemicals comprise synthetic aromatic raw materials.

According to the lead analyst of this report, the changing consumer preferences is a major trend that is expected to propel the market growth in the coming years. Middle-class consumers have high purchasing power and are increasingly concerned about personal grooming.

According to the report, consolidation of manufacturers is a key driver, which is contributing to the growth of the market. It has led to the reduction in overhead and marketing expenses and efficient spending on research and development.

Further, the report states that several products and raw materials used in research being expensive is a major challenge hindering the market growth, because of which manufacturers are also incurring heavy expenses.

Global Aroma Chemical Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Aroma Chemical market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

This report covers the following companies as the key players in the Global Aroma Chemicals Market: Hindustan Mint and Agro Products Pvt. Ltd., Kalpsutra Chemicals Pvt. Ltd., Takasago International Corp. and Veera Fragrances Pvt. Ltd.

Other Prominent Vendors in the market are: Agilex Flavors & Fragrances, Aromatech, BASF, Bedoukian Research, Bell Flavors & Fragrances, Belmay, Cargill, China Flavors & Fragrances, Comax Flavors, ConAgra Foods, CPL Aromas, David Michael, Firmenich, Flavorchem, Givaudan, ICC Industries, Kao, Kerry Group, McCormick, Naturex, Renessenz, Robertet, Royal DSM, Sensient Technologies, Solvay, T. Hasegawa, Treatt, Ungerer, V. Mane Fils, Vigon International, Wangxiang International and Wild Flavors.

Key Regions
- Americas
- APAC
- EMEA

Market Driver
- Growing Urbanization and Propensity to Spend
- For a full, detailed list, view our report

Market Challenge
- High R&D Costs
- For a full, detailed list, view our report

Market Trend
- Advances in Technology
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 74 pages and 25 exhibits, "Global Aroma Chemicals Market 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global Aroma Chemicals Market, Market Segmentation by Application, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-aroma-chemicals-market-2015-2019

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