U.S. Aroma Chemicals Market Size

U.S. Aroma Chemicals Market Size

U.S. aroma chemicals market size exceeded USD 1 Billion in 2020 and is estimated to grow at over 5.5% CAGR between 2021 and 2027 owing to rising consumer spending on scented products for enhancing the experience. Growing usage of fragrances in various products including personal care, toiletries, soaps & detergents will spur product demand.

Aroma chemicals are substances that are used to impart unique scents which can reach olfactory nerves. These scents are made with synthetic ingredients or extracted from natural sources such as plants. These chemicals are used to enhance the aromatic content of various products including personal care, soaps & detergents, cosmetics and food & beverage. Increasing demand for fragrance chemicals for perfume application is expected to stimulate U.S. aroma chemicals market growth.

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Benzenoid product is estimated to be over USD 735 million by end of 2027. Increasing demand for benzenoids for cosmetics & personal care products including shampoos, soaps and hair care products owing to its ability to offer high stability should augment market growth. Benzenoids aromatic compound includes vanillin, cinnamaldehyde and benzyl benzoate which are used for different applications including household and perfumery. Vanillin is used to avoid unpleasant odors in medicines, animal feed and cleaning products and is anticipated to propel product demand. Also, growing use of scented essential oil in aromatherapy should augment the aroma chemicals market demand in U.S. region.
 

Cinnamaldehyde offers pungent odor, antibacterial and antifungal property owing to its application in production of scented candles. Benzaldehyde offers almond flavor owing to its application in cosmetics and food & beverages. Benzyl benzoate is used as a fragrance fixative in making fragrance for products including lotions, shampoos, moisturizers, and perfumes. Evolving consumer trend in U.S. region has driven demand for luxury products to enhance experience and well-being. This trend is anticipated to raise demand for scented products and perfumes which should propel the U.S. aroma chemicals market share.