LONDON–(BUSINESS WIRE)–The fragrance ingredients market is expected to grow by USD 2.48 billion during 2020-2024, expanding at a CAGR of over 3%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. – Get FREE Sample Report within MINUTES
Fragrance Ingredients Market: Growing demand for cosmetic products to drive growth
The growth of the aged population, the increasing importance of grooming, and the desire to look younger have resulted in a rise in the demand for anti-aging products such as creams, moisturizers,