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Food Aroma Market Size
- Report ID: GMI5441
- Published Date: Feb 2023
- Report Format: PDF
Food Aroma Market Size
Food Aroma Market size valued at USD 853.3 million in 2023 and is poised to grow at over 6.1% CAGR from 2024 to 2032. Driven by a surging consumer demand for ready-to-eat convenience food products.
Consumers across emerging economies are increasingly paying more attention to sensory appeals such as aroma and taste while making their convenience food choices, fostering the market demand. According to reliable estimates, India’s fast-food industry is expanding at an annual rate of more than 40%, creating a heightened demand for food aromas in the regional market. With convenience food gradually becoming a staple in diets across developed countries such as typical the US is likely to create a stronger growth impetus for the industry.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Food Aroma Market Size in 2023: | USD 835.3 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 6.1% |
| 2032 Value Projection: | USD 1.4 Billion |
| Historical Data for: | 2018 to 2021 |
| No. of Pages: | 451 |
| Tables, Charts & Figures: | 658 |
| Segments covered: | Type, Product, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Food Aroma Market Scope
