According to a new report North America Aroma Ingredients Market, published by KBV Research, the North America Aroma Ingredients Market would witness market growth of 4.4% CAGR during the forecast period (2019-2025).
The US market dominated the North America Aroma Ingredients Market by Country 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $3,307 million by 2025, growing at a CAGR of 3.7% during the forecast period. The Canada market is expected to witness a CAGR of 6.7% during (2019 - 2025). Additionally, The Mexico market is expected to witness a CAGR of 5.8% during (2019 - 2025).
By Application, the Homecare market contributed the highest revenue share to the North America Aroma Ingredients Market among other application areas in 2018, and is expected to achieve a market value of $1,911.2 million by 2025, rising at a growth of 3.7 % during the forecast period. The Personal care market is predicted to experience a growth of 3.9% during (2019 - 2025). Further, the Fine Fragrances & Perfumes market is estimated to witness fastest growth of 5.4% during (2019 - 2025).
The Synthetic Ingredients market garnered a market share of 61.3% in the Canada Aroma Ingredients Market by Type 2018, and would grow at a growth rate of 6% during the forecast period. The Natural Ingredients market is expected to witness a CAGR of 7.7% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/north-america-aroma-ingredients-market/
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mane S.A., Givaudan S.A., Symrise AG, Takasago International Corporation, International Flavors & Fragrances Inc., Firmenich S.A., Kao Corporation, Robertet S.A., Sensient Technologies Corporation and BASF SE.
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