Aroma Chemicals Market Size to Reach Around US$ 8.59 Billion by 2033 [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
Ottawa, April 18, 2024 (GLOBE NEWSWIRE) -- According to Precedence Research, the global aroma chemicals market size was valued at US$ 5.32 billion in 2023 and it is expanding over US$ 8.19 billion by 2032. The aroma chemicals market is driven by consumer awareness, changing lifestyles, increasing R&D initiatives, and advanced technologies. Market Overview The aroma chemicals market encompasses the production, distribution, and sale of synthetic or natural compounds used primarily for their scent or flavoring properties. Aroma chemicals are substances with complex fragrances that improve the fragrance of compositions. They are highly volatile and may easily diffuse smells, resulting in long-lasting fragrances. Natural aroma chemicals are extracted from plant parts and purified by fermentation and separation. Synthetic aroma chemicals are developed in a laboratory, providing clarity about the aromatic signature and chemical ingredients. These compounds can be added to skincare, hai
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