What are the profit margins in the Aroma chemical industry?

Aroma chemicals are compounds which consist of smell and odor. Aroma chemicals are an important group of organic molecules used as ingredients in Aroma Chemicals compositions. There are plenty of different molecules which use in production of Aroma Chemicals compositions, of which synthetic ingredients play a major part as components due to their current availability and relatively lower cost as compared with natural molecules.

They are also known as aroma, fragrance and odorant among others. Any chemical compound is said to have odor or smell only if it is sufficiently volatile to reach the olfactory system in the upper part of the nose.

The classification of Aroma chemicals includes Natural Aroma Chemicals and Synthetic Aroma Chemicals, and the proportion of Synthetic Aroma Chemicals in 2016 was about 70%. Aroma chemicals is widely used for Foods & Beverages, Cosmetics, Personal & Household Care and Others. The most proportion was sales in Foods & Beverages, and the consumption proportion was about 46% in 2016.

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