Natural fragrance chemicals are aroma compounds physically received from plants, fruits, and spices through extraction, distillation, and expression. Fragrance chemicals that are obtained through natural resources are called natural fragrance chemicals. These naturally obtained chemical substances do not include any levels of toxicity. Natural fragrance chemicals are preferred over synthetic fragrance chemicals due to the rise in consumer awareness about the benefits of using natural products. However, these chemicals are expensive compared to synthetic fragrance chemicals. Also, they possess non-toxic properties.
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Demand for natural fragrance chemicals is expected to rise, due to the rise in trend of using natural-based ingredients, especially in personal care and other consumer products. Natural fragrance chemicals are intensely associated with product identity due to their capability to trigger emotions. Therefore, it is one of the primary reasons that directly affects consumer inclination toward natural fragrance chemical based cosmetic and personal care products.
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This shift in consumer preference toward naturally obtained fragrances is anticipated to drive the natural fragrance chemicals market during the forecast period. Implementation of government regulations on synthetic products is anticipated to boost the natural fragrance chemicals market during the next few years. However, the usage of synthetic fragrance chemicals for large volume applications, which offer relatively better performance with lower cost, is expected to hamper the natural fragrance chemicals market during the forecast period.