Musk Aroma Chemicals Market Research Report- Forecast to 2027

Musk Aroma Chemicals Market Information - by Source (Natural and Synthetic), by Application (Soap & Detergent, Cosmetics & Personal Care, Food, Household Products, and Others) and by Region - Forecast till 2027

ID: MRFR/CnM/3021-HCR | February 2021 | Region: Global | 136 pages

Musk Aroma Chemicals Market Synopsis:


Musk Aroma Chemicals are a kind of aroma chemicals which can be obtained either naturally or synthetically. Natural Musk Aroma Chemicals are obtained from plants and animals which include seeds and roots. Natural musk extracts of animal origin are obtained from rump gland of the male musk deer, civet cat, and Louisiana musk rat. They find wide utilization scope in various application such as household products, soap & detergent, cosmetics & personal care, food, and others.


As per our analysis, some of the prominent market factors and trends identified in the Musk Aroma Chemicals Market are increasing awareness, increasing number of working professionals, and growing middle class population. Moreover, the increasing importance of grooming among adults as well as teenagers is predicted to fuel the growth of the market. New product innovation and rising popularity of various types of celebrity fragrances and cosmetic items are expected to propel the demand for Musk Aroma Chemicals in upcoming years. Furthermore, increasing usage of Musk Aroma Chemicals in the production of cosmetics & personal care products coupled with rising demand for personal care products is estimated to boost the growth of the Musk Aroma Chemicals Market. Additionally, growing demand for musky fragrances in detergents and soaps which is in turn fuelled by the increasing laundry business is expected to give a new momentum to the demand for musk aroma chemicals. Rapid expansion of end use industries in developed and developing economies are estimated to positively influence the demand patterns. However, stringent rule regarding killing of animals as well as high cost associated with the production of natural Musk Aroma Chemicals are predicted to hamper the growth of the market over the assessment period, 2017 to 2023.


Musk Aroma Chemicals Market Share by Application (2016), (%):Musk Aroma Chemicals Market


Regional Analysis:


The Musk Aroma Chemicals Market is classified into five regions namely– Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Europe emerged as the leading Musk Aroma Chemical Market in 2016, driven by the growth of various end use application such as soap & detergent and cosmetics & personal care. Europe region was predicted to amount for around 33% of the overall volume share in 2016, and is estimated to grow with the steady CAGR over the forecast period. European countries such as Russia, Germany, UK, and Italy have emerged as the key contributors in the regional Musk Aroma Chemicals Market growth and expected to continue their dominance over the assessment period due to wide utilization of Musk Aroma Chemicals in cosmetics & personal care products.


North America is expected to witness a moderate growth in Musk Aroma Chemicals Market on account of strong consumer base for numerous industries combined with the growing investments to regenerate household products sector during the assessment period, during 2017 to 2023. U.S and Canada are among the major contributors in the regional growth of Musk Aroma Chemicals and are estimated to see a momentous demand for the market in the upcoming years. U.S accounted for the largest market share in terms of value and is expected to grow with the steady CAGR due to growth in cosmetics & personal care.


Asia Pacific is estimated to witness a tremendous growth of the Musk Aroma Chemicals Market with the highest CAGR during the review period, (2017 to 2023) due to expansion of numerous end use industries such as food, cosmetics & personal care, and soap & detergent among others. The demand for musk aroma chemicals is estimated to surge in various countries of Asia Pacific such as Thailand, Malaysia, China, India, and Japan owing to increasing demand for cosmetics & personal care products. Moreover, growing purchasing power, availability of inexpensive labor and raw material, and soberly stringent regulatory framework. In Latin America, countries such as Brazil, Colombia, and Argentina are estimated to dominate the regional market share due to increasing consumer spending on beauty care products and improving standard of living. The Middle Eastern & African countries such as United Arab Emirates (UAE) and Saudi Arabia accounted for the largest market share in beauty products and is estimated to see significant growth on account of increasing demand of cosmetics & personal care products.


Segmentation:


The Musk Aroma Chemicals Market is segmented on the basis of Source, Application, and Region. On the basis of Source, Musk Aroma Chemicals Market is bifurcated into natural and synthetic. On the basis of Application, the Musk Aroma Chemicals Market is classified into soap & detergent, cosmetics & personal care, food, household products, and others. On the basis of Region, the Musk Aroma Chemicals Market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.


Key Players:


Some of the prominent players operating in the Musk Aroma Chemicals Market are PFW Aroma Ingredients (the Netherlands), Sigma-Aldrich Co. LLC. (U.S.), The Good Scents Company (U.S.), Bell Flavors & Fragrances (U.S.), International Flavors & Fragrances (U.S.), Givaudan (Switzerland), Firmenich (Switzerland), Takasago (Japan), Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), A.M. Aromatics Private Limited. (India), and others.


Geographical Analysis:


The Musk Aroma Chemicals Market Report covers brief analysis of geographical regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.


Intended Audience



  • Musk aroma chemicals manufacturers

  • Traders and Distributors of musk aroma chemicals

  • Production Process Industries

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial Value
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Source, Application and Region
  Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   PFW Aroma Ingredients (the Netherlands), Sigma-Aldrich Co. LLC. (U.S.), The Good Scents Company (U.S.), Bell Flavors & Fragrances (U.S.), International Flavors & Fragrances (U.S.), Givaudan (Switzerland), Firmenich (Switzerland), Takasago (Japan), Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), A.M. Aromatics Private Limited. (India)
  Key Market Opportunities   growing demand for musky fragrances in detergents and soaps which is in turn fuelled by the increasing laundry business
  Key Market Drivers

  • increasing awareness
  • increasing number of working professionals
  • growing middle class population


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    Frequently Asked Questions (FAQ) :


    Musk aroma chemicals are widely used as flavoring agents in applications such as cosmetics & personal care, food & beverages, soaps & detergents, and other household products.

    Synthetically obtained musk aromas, also known as white musk perceives wider applications than naturally obtained musk aromas, only due to the convenience of obtaining. As, the stringent laws against animal cruelty restrict the trade of musk acquired from animals.

    Rapid expansion of end use industries in developed and developing economies

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global musk aroma chemicals market adopt to gain a larger competitive advantage.

    Sigma-Aldrich Co. LLC. (U.S.), PFW Aroma Ingredients (the Netherlands), The Good Scents Company (U.S.), International Flavors & Fragrances (U.S.), Bell Flavors & Fragrances (U.S.), Givaudan (Switzerland), Takasago (Japan), Firmenich (Switzerland), A.M. Aromatics Private Limited. (India), and Guangzhou Flower Flavours & Fragrances Co., Ltd. (China), are some of the leading players in the global musk aroma chemicals market.

    Table of Contents:

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Musk Aroma Chemicals Market

    5 Industry Overview of Global Musk Aroma Chemicals Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Musk Aroma Chemicals Market by Source

    7.1 Introduction

    7.2 Natural

    7.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Synthetic

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Global Musk Aroma Chemicals Market by Application

    8.1 Introduction

    8.2 Soap & Detergent

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Cosmetics & Personal Care

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast by Region, 2020-2027

    8.4 Food

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast by Region, 2020-2027

    8.5 Household Products

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast by Region, 2020-2027

    8.6 Others

    8.6.1 Market Estimates & Forecast, 2020-2027

    8.6.2 Market Estimates & Forecast by Region, 2020-2027

    9. Global Musk Aroma Chemicals Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.5 Mexico

    9.2.5.1 Market Estimates & Forecast, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.2.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.5. France

    9.3.5.1 Market Estimates & Forecast, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.6 Italy

    9.3.6.1 Market Estimates & Forecast, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.7 Spain

    9.3.7.1 Market Estimates & Forecast, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.3.8 UK

    9.3.8.1 Market Estimates & Forecast, 2020-2027

    9.3.8.2 Market Estimates & Forecast by Source, 2020-2027

    9.3.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.4 Asia Pacific

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.5 India

    9.4.4.1 Market Estimates & Forecast, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.4.3Market Estimates & Forecast by Application, 2020-2027

    9.4.5 Japan

    9.4.5.1 Market Estimates & Forecast, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.6 Australia

    9.4.6.1 Market Estimates & Forecast, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.7 New Zealand

    9.4.7.1 Market Estimates & Forecast, 2020-2027

    9.4.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.4.8 Rest of Asia Pacific

    9.4.8.1 Market Estimates & Forecast, 2020-2027

    9.4.8.2 Market Estimates & Forecast by Source, 2020-2027

    9.4.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.5 Middle East & Africa

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.4 Turkey

    9.5.4.1 Market Estimates & Forecast, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.5 Israel

    9.5.5.1 Market Estimates & Forecast, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.6 North Africa

    9.5.6.1 Market Estimates & Forecast, 2020-2027

    9.5.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.7 GCC

    9.5.7.1 Market Estimates & Forecast, 2020-2027

    9.5.7.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.7.3 Market Estimates & Forecast by Application, 2020-2027

    9.5.8 Rest of Middle East & Africa

    9.5.8.1 Market Estimates & Forecast, 2020-2027

    9.5.8.2 Market Estimates & Forecast by Source, 2020-2027

    9.5.8.3 Market Estimates & Forecast by Application, 2020-2027

    9.6 Latin America

    9.6.1 Market Estimates & Forecast, 2020-2027

    9.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.4 Brazil

    9.6.4.1 Market Estimates & Forecast, 2020-2027

    9.6.4.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.4.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.5 Argentina

    9.6.5.1 Market Estimates & Forecast, 2020-2027

    9.6.5.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.5.3 Market Estimates & Forecast by Application, 2020-2027

    9.6.6 Rest of Latin America

    9.6.6.1 Market Estimates & Forecast, 2020-2027

    9.6.6.2 Market Estimates & Forecast by Source, 2020-2027

    9.6.6.3 Market Estimates & Forecast by Application, 2020-2027

    10. Company Landscape

    11. Company Profiles

    11.1 PFW Aroma Ingredients

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 Sigma-Aldrich Co. LLC.

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 The Good Scents Company

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 Bell Flavors & Fragrances

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 International Flavors & Fragrances

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 Givaudan

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 Firmenich

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    11.8 Takasago

    11.8.1 Company Overview

    11.8.2 Product/Business Segment Overview

    11.8.3 Financial Updates

    11.8.4 Key Developments

    11.9 Guangzhou Flower Flavours & Fragrances Co., Ltd.

    11.9.1 Company Overview

    11.9.2 Product/Business Segment Overview

    11.9.3 Financial Updates

    11.9.4 Key Developments

    11.10 A.M. Aromatics Private Limited.

    11.10.1 Company Overview

    11.10.2 Product/Business Segment Overview

    11.10.3 Financial Updates

    11.10.4 Key Developments

    12. Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020-2027)

    Table 2 Global Musk Aroma Chemicals Market: By Region, 2020-2027

    Table 3 North America Musk Aroma Chemicals Market: By Country, 2020-2027

    Table 4 Europe Musk Aroma Chemicals Market: By Country, 2020-2027

    Table 5 Asia-Pacific Musk Aroma Chemicals Market: By Country, 2020-2027

    Table 7 Middle East & Africa Musk Aroma Chemicals Market: By Country, 2020-2027

    Table 6 Latin America Musk Aroma Chemicals Market: By Country, 2020-2027

    Table 8 Global Musk Aroma Chemicals by Source Market: By Regions, 2020-2027

    Table 9 North America Musk Aroma Chemicals by Source Market: By Country, 2020-2027

    Table 10 Europe Musk Aroma Chemicals by Source Market: By Country, 2020-2027

    Table11 Asia-Pacific Musk Aroma Chemicals by Source Market: By Country, 2020-2027

    Table13 Middle East & Africa Musk Aroma Chemicals by Source Market: By Country, 2020-2027

    Table12 Latin America Musk Aroma Chemicals by Source Market: By Country, 2020-2027

    Table14 North America Musk Aroma Chemicals for Application Market: By Country, 2020-2027

    Table13 Europe Musk Aroma Chemicals for Application Market: By Country, 2020-2027

    Table14 Asia Pacific Musk Aroma Chemicals for Application Market: By Country, 2020-2027

    Table16 Middle East & Africa Musk Aroma Chemicals for Application Market: By Country, 2020-2027

    Table15 Latin America Musk Aroma Chemicals for Application Market: By Country, 2020-2027

    Table23 Global Source Market: By Region, 2020-2027

    Table24 Global Application Market: By Region, 2020-2027

    Table25 North America Musk Aroma Chemicals Market, By Country

    Table26 North America Musk Aroma Chemicals Market, By Source

    Table27 North America Musk Aroma Chemicals Market, By Application

    Table28 Europe: Musk Aroma Chemicals Market, By Country

    Table29 Europe: Musk Aroma Chemicals Market, By Source

    Table30 Europe: Musk Aroma Chemicals Market, By Application

    Table31 Asia-Pacific: Musk Aroma Chemicals Market, By Country

    Table32 Asia-Pacific: Musk Aroma Chemicals Market, By Source

    Table33 Asia-Pacific: Musk Aroma Chemicals Market, By Application

    Table36 Middle East & Africa: Musk Aroma Chemicals Market, By Country

    Table37 Middle East & Africa Musk Aroma Chemicals Market, By Source

    Table33 Middle East & Africa: Musk Aroma Chemicals Market, By Application

    Table34 Latin America: Musk Aroma Chemicals Market, By Country

    Table35 Latin America Musk Aroma Chemicals Market, By Source

    Table33 Latin America: Musk Aroma Chemicals Market, By Application

    LIST OF FIGURES:

    FIGURE 1 Global Musk Aroma Chemicals Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Musk Aroma Chemicals Market

    FIGURE 4 Value Chain of Global Musk Aroma Chemicals Market

    FIGURE 5 Share of Global Musk Aroma Chemicals Market in 2020, by country (in %)

    FIGURE 6 Global Musk Aroma Chemicals Market, 2020-2027,

    FIGURE 7 Sub segments of Source

    FIGURE 8 Global Musk Aroma Chemicals Market size by Source, 2020

    FIGURE 9 Share of Global Musk Aroma Chemicals Market by Source, 2020-2027

    FIGURE 10 Sub segments of Application

    FIGURE 11 Global Musk Aroma Chemicals Market size by Application, 2020

    FIGURE 12 Share of Global Musk Aroma Chemicals Market by Application, 2020-2027