Fragrance Ingredients Market to surpass $18.5bn by 2024 Fragrance Ingredients Market

Global Fragrance Ingredients Market to surpass
$18.5bn by 2024: Global Market Insights Inc.
Fragrance Ingredients Market to surpass USD 18.5 billion by 2024; driven by
growing fragrance market and increasing export of cosmetics product. Growing
penetration rate of international brands, rising demand for personal care products
along with growth in cosmetics industry will drive overall fragrance ingredients
market demand. These compounds are mixed with personal care products to
improve aroma and give freshness to a product. Growing customer spending on
beauty products including creams and perfumes supported by growing ageing
population may boost industry growth.
Advantageous government policies regarding use of natural ingredients along with
strong R&D assistance on ingredients production is likely to promote product
demand. Additionally, supportive governing amendments by European Union related
to the use safe chemicals in the region may act as crucial contributing aspect
towards the growth of fragrance ingredients market.
Fragrance Ingredients Market
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