South & Central America Encapsulated Fragrances Market Forecast to 2028
South & Central America Encapsulated Fragrances Market Forecast to 2028 – Regional Analysis By Product Type (Fragrance Blends, Aroma Chemicals, and Others), and Application (Perfumes and Fragrances, Cleaning Products, Cosmetics, Personal Hygiene Products, Food and Beverages, and Others)
$2,100 – $3,500
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Strategic Initiatives by Key Market Players Drive South & Central America Encapsulated Fragrances Market
Encapsulated fragrances manufacturers worldwide invest significantly in strategic development initiatives such as product launched, merger and acquisition, and business expansion to attract consumers and enhance their product position. Local and international players are advancing and launching new products to cater to the rising demand for encapsulated fragrances in various applications. For instance, in December 2021, Givaudan SA announced the launch of PlanetCaps, a fragrance encapsulated innovation which ensures long lasting fragrance experience in a bio-sourced and biodegradable delivery system for fabric softeners. The launch was aimed to expand its product portfolio and boost the sustainability. Thus, such strategic initiatives by key market players drive the growth of the encapsulated fragrances market.
South & Central America Encapsulated Fragrances Market Overview
The South & Central America encapsulated fragrances market is segmented into Brazil, Argentina, and the Rest of South & Central America. The encapsulated fragrances industry is one of the significant revenue-generating industries across the region, as encapsulated fragrances are widely utilized in personal care products, including cosmetics, skincare, and hair care products. It is projected that technological advancements boost the growth of the encapsulated fragrances industry. In July 2022, International Flavors & Fragrances Inc (IFF) announced an investment of US$ 15.8 million in three innovation centers in Brazil, Colombia, and Chile. These three new application laboratories have increased production and product development co-creation in food & beverage, home & personal care, and health & wellness segments. Hence, the expansion of encapsulated fragrance production in the region has created massive opportunities for many industries such as personal care, food & beverages, and homecare to incorporate these fragrances in their respective products.
Furthermore, the growing relevance of naturally sourced ingredients has always been strongly well-entrenched in the mind of South & Central American beauty and personal care consumers. The rising grooming trend among men has been linked to self-expression and shifting masculinity paradigms. Men in the region have seen a growing beauty consciousness which has uplifted the sales of personal care products among men. Thus, the growth of personal care industry results to higher demand for encapsulated fragrances in the end use industry. Also, the growth of food and beverages industry drives the South & Central America encapsulated fragrances market growth.
South & Central America Encapsulated Fragrances Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Encapsulated Fragrances Market Segmentation
The South & Central America encapsulated fragrances market is segmented into product type, application, and country.
Based on product type, the South & Central America encapsulated fragrances market is segmented into fragrance blends, aroma chemicals, and others. In 2022, the others segment registered the largest share in the South & Central America encapsulated fragrances market.
Based on application, the South & Central America encapsulated fragrances market is segmented into perfumes and fragrances, cleaning products, cosmetics, personal hygiene products, food and beverages, and others. In 2022, the cleaning products segment registered the largest share in the South & Central America encapsulated fragrances market.
Based on country, the South & Central America encapsulated fragrances market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered the largest share in the South & Central America encapsulated fragrances market.
Ashland Inc; Firmenich SA; Givaudan SA; Glatt GmbH; Ingredion Inc; International Flavors & Fragrances Inc; and Symrise AG are some of the leading companies operating in the South & Central America encapsulated fragrances market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Publishing status: | |
| Geographical coverage: | |
| Year of Publication: |
According to the research team’ research, the South & Central America encapsulated fragrances market was valued at US$ 133.35 million in 2022 and is expected to reach US$ 179.00 million by 2028, registering a CAGR of 5.0% from 2022 to 2028. Rising adoption of encapsulated fragrances from various applications and strategic initiatives by key market players are the critical factors attributed to the South & Central America encapsulated fragrances market expansion.
Encapsulated fragrances help in minimizing degradation or loss of fragrances during the process of production and storage. Encapsulated fragrances enhance the functional properties of fragrances such as aromatic molecules in the environment. Fragrances are volatile compounds and have high evaporation tendency. Poor chemical stability leads to the loss of fragrances, which has surged the need for encapsulation in various application. Encapsulated fragrance offers various benefits including improved fragrance impression, controlled fragrances release, fragrance stability, and availability in different variants. Such benefits have surged the adoption of encapsulated fragrance in various applications. In presumes and fragrance application, the encapsulation offers better chemical stability to capture the fragrance and ensures controlled release of the fragrances. Encapsulated fragrances play a vital role in cosmetic applications. The technology helps to protect the active ingredients, masks unpleasant odors and enables controlled release making encapsulation necessary for formulation, storage and application of cosmetic products. Similarly, in personal care and cleaning products the use of encapsulated fragrance helps to avoid interaction between active and other formulation ingredients, and offers long-lasting impression of freshness. Thus, benefits offered by encapsulated fragrances has surged its adoption in various end-use industries, thereby bolstering the South & Central America encapsulated fragrances market in coming years.
On the contrary, high costs associated with encapsulation technology hurdles the growth of South & Central America encapsulated fragrances market.
Based on product type, the South & Central America encapsulated fragrances market is segmented into fragrance blends, aroma chemicals, and others. The others segment held 46.7% share of South & Central America encapsulated fragrances market in 2022, amassing US$ 62.33 million. It is projected to garner US$ 86.22 million by 2028 to expand at 5.6% CAGR during 2022-2028.
Based on application, the South & Central America encapsulated fragrances market is segmented into perfumes and fragrances, cleaning products, cosmetics, personal hygiene products, food and beverages, and others. The cleaning products segment held 61.3% share of South & Central America encapsulated fragrances market in 2022, amassing US$ 81.72 million. It is projected to garner US$ 111.62 million by 2028 to expand at 5.3% CAGR during 2022-2028.
Based on country, the South & Central America encapsulated fragrances market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 56.2% share of South & Central America encapsulated fragrances market in 2022. It was assessed at US$ 74.96 million in 2022 and is likely to hit US$ 102.71 million by 2028, exhibiting a CAGR of 5.4% during the forecast period.
Key players profiled in the South & Central America encapsulated fragrances market Ashland Inc; Firmenich SA; Givaudan SA; Glatt GmbH; Ingredion Inc; International Flavors & Fragrances Inc; and Symrise AG, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America encapsulated fragrances market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America encapsulated fragrances market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the encapsulated fragrances market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Encapsulated Fragrances Market, by Product Type
1.3.2 South & Central America Encapsulated Fragrances Market, by Application
1.3.3 South & Central America Encapsulated Fragrances Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.1.1 South & Central America Encapsulated Fragrances Market, by Product Type, and Application
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South & Central America Encapsulated Fragrances Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers:
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion
5. South & Central America Encapsulated Fragrances Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Encapsulated Fragrances from Various Applications
5.1.2 Strategic Initiatives by Key Market Players
5.2 Market Restraints
5.2.1 High Costs Associated with Encapsulation Technology
5.3 Market Opportunities
5.3.1 Rising Innovations in Encapsulation Technology
5.4 Future Trends
5.4.1 Increasing Demand for Natural Fragrances
5.5 Impact Analysis
6. Encapsulated Fragrances – South & Central America Market Analysis
6.1 South & Central America Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Mn)
6.2 South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
7. South & Central America Encapsulated Fragrances Market Analysis – By Product Type
7.1 Overview
7.2 South & Central America Encapsulated Fragrances Market, By Product Type (2022 and 2028)
7.3 Fragrance Blends
7.3.1 Overview
7.3.2 Fragrance Blends: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
7.3.3 Fragrance Blends: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
7.4 Aroma Chemicals
7.4.1 Overview
7.4.2 Aroma Chemicals: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
7.4.3 Aroma Chemicals: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
7.5.3 Others: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
8. South & Central America Encapsulated Fragrances Market Analysis – By Application
8.1 Overview
8.2 South & Central America Encapsulated Fragrances Market, By Application (2022 and 2028)
8.3 Perfumes and Fragrances
8.3.1 Overview
8.3.2 Perfumes and Fragrances: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Cleaning Products
8.4.1 Overview
8.4.2 Cleaning Products: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Cosmetics
8.5.1 Overview
8.5.2 Cosmetics: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Personal Hygiene Products
8.6.1 Overview
8.6.2 Personal Hygiene Products: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Food and Beverages
8.7.1 Overview
8.7.2 Food and Beverages: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Others: South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
9. South & Central America Encapsulated Fragrances Market – Country Analysis
9.1 Overview
9.1.1 South & Central America Encapsulated Fragrances Market, by Key Country
9.1.2 South & Central America Encapsulated Fragrances Market, by Key Country
9.1.2.1 Brazil: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.2 Brazil: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 Brazil: Encapsulated Fragrances Market, by Product Type
9.1.2.2.2 Brazil: Encapsulated Fragrances Market, by Application
9.1.2.3 Argentina: Encapsulated Fragrances Market -Analysis and Forecast to 2028 (US$ Million)
9.1.2.3.1 Argentina: Encapsulated Fragrances Market, by Product Type
9.1.2.3.2 Argentina: Encapsulated Fragrances Market, by Application
9.1.2.4 Rest of South & Central America: Encapsulated Fragrances Market -Analysis and Forecast to 2028 (US$ Million)
9.1.2.4.1 Rest of South & Central America: Global Encapsulated Fragrances Market, by Product Type
9.1.2.4.2 Rest of South & Central America: Global Encapsulated Fragrances Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Expansion
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Firmenich SA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Givaudan SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Ingredion Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 International Flavors & Fragrances Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Symrise AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Glatt GmbH
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Ashland Inc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
12. Appendix
12.1 About Research Team
12.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Mn)
Table 2. South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
Table 3. Brazil Encapsulated Fragrances Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Encapsulated Fragrances Market, by Product Type – Volume and Forecast to 2028 (Kilotons)
Table 5. Brazil Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina Encapsulated Fragrances Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Encapsulated Fragrances Market, by Product Type – Volume and Forecast to 2028 (Kilotons)
Table 8. Argentina Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of South & Central America Global Encapsulated Fragrances Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of South & Central America Global Encapsulated Fragrances Market, by Product Type – Volume and Forecast to 2028 (Kilotons)
Table 11. Rest of South & Central America Global Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
Table 12. Glossary of Terms, South & Central America Encapsulated Fragrances Market
LIST OF FIGURES
Figure 1. South & Central America Encapsulated Fragrances Market Segmentation
Figure 2. South & Central America Encapsulated Fragrances Market Segmentation – By Country
Figure 3. South & Central America Encapsulated Fragrances Market Overview
Figure 4. South & Central America Encapsulated Fragrances Market, By Product Type
Figure 5. South & Central America Encapsulated Fragrances Market, by Country
Figure 6. Porter’s Five Forces Analysis of South & Central America Encapsulated Fragrances Market
Figure 7. South & Central America Encapsulated Fragrances Market, Ecosystem
Figure 8. Expert Opinion
Figure 9. South & Central America Encapsulated Fragrances Market Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Encapsulated Fragrances Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
Figure 12. South & Central America Encapsulated Fragrances Market Revenue Share, By Product Type (2022 and 2028)
Figure 13. Fragrance Blends: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Fragrance Blends: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
Figure 15. Aroma Chemicals: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Aroma Chemicals: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
Figure 17. Others: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Others: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
Figure 19. South & Central America Encapsulated Fragrances Market Revenue Share, By Application (2022 and 2028)
Figure 20. Perfumes and Fragrances: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Cleaning Products: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Cosmetics: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Personal Hygiene Products: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Food and Beverages: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Others: South & Central America Encapsulated Fragrances Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. South & Central America Encapsulated Fragrances Market, By Key Country – Revenue (2021) (US$ Million)
Figure 27. South & Central America Encapsulated Fragrances Market Revenue Share, By Key Country (2021 And 2028)
Figure 28. Brazil: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
Figure 29. Argentina: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. Argentina: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
Figure 31. Rest of South & Central America: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of South & Central America: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
The List of Companies – South & Central America Encapsulated Fragrances Market
o Ashland Inc
o Firmenich SA
o Givaudan SA
o Glatt GmbH
o Ingredion Inc
o International Flavors & Fragrances Inc
o Symrise AG
You must be logged in to post a review.
Reviews
There are no reviews yet.