Last Updated: 12-09-2025 | Format: PDF | Report ID:21088 | Author: Manisha C
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $135 Million |
| What is the projected market size by 2035? | $280 Million |
| What is the market CAGR from 2025 to 2035? | 7.6% |
| Which region dominates the market? | South (37%) |
| Which product/service type dominates the market? | Synthetic (60%) |
| Which application leads the market? | Food & Beverage (42%) |
| Who are the major buyers? | Food & Beverage (45%), Cosmetics & Personal Care (29%) |
| What are the key market growth drivers? | Rising demand for natural flavoring and fragrance ingredients in food & beverage and cosmetics; Increased application in pharmaceutical formulations as a bioactive agent |
| What are the major market challenges? | Volatility in raw material supply and pricing; Increasing regulatory scrutiny over synthetic variants prompting higher compliance costs |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| Emerald Kalama Chemical, LANXESS, Alfa Aesar, Merck KGaA, Penta Manufacturing Company, Toronto Research Chemicals, Vigon International, Bordas Chinchurreta, SRS Aromatics, Graham Chemical, Wuhan Dico Chemical, Solvay, Changzhou Xingsite Technology, Jay Chemical Industries, Elan Chemical Company |
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