South & Central America Encapsulated Fragrances Market Forecast to 2028 - Regional Analysis By Product Type, and Application

Description

List of Tables

The South & Central America encapsulated fragrances market is expected to grow from US$ 133.35 million in 2022 to US$ 179.00 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

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.

Reasons to Buy:

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.
Highlights key business priorities in order to assist companies to realign their business strategies
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
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
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
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00028896

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research 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 The Insight Partners
12.2 Glossary of Terms