Global Aroma Chemicals Market Size, Trend, Forecasts to 2030

The Global Aroma Chemicals Market is expected to reach USD 9.69 Billion by 2030, at a CAGR of 6.5% during the forecast period 2022 to 2030. One of the key drivers of Aroma Chemicals market expansion is due to the increase in demand for aroma in the cosmetics and toiletry, soap and detergent, and food and beverage sectors is credited with the expansion.

Global Aroma Chemicals Market Size, Trend, Forecasts to 2030

The global aroma chemicals market, valued at USD 5.50 billion in 2021, is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2022 to 2030, reaching an estimated USD 9.69 billion by 2030. This growth is fueled by rising demand in the fragrance and flavor industries, driven by consumer preference for natural and innovative scents.