Aroma Chemicals Market – Post Pandemic Recovery Plan Strategies and Processes | Change in Consumer Preferences to Boost Market Growth
The aroma chemicals market is expected to grow by USD 1.70 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
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Technavio has announced its latest market research report titled Global Aroma Chemicals Market 2020-2024 (Graphic: Business Wire)
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Changing lifestyles and the growth in disposable incomes have increased the consumer spend on quality products. Also, consumers are increasingly becoming aware of personal care and grooming. Besides, since 2015, the market has witnessed an increase in the preference for personal care products with enhanced perfumes, both from