
According to a new market research report " Fragrance Ingredients Market by Type (Essentials Oils (Orange, Mentha Arvensis, Eucalyptus, Cedarwood, Citronella) and Aroma Chemicals (Terpenes, benzenoids, Musk Chemicals)), by Application (Cosmetics & toiletries, Fine Fragrances, Soaps & Detergents), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)", published by MarketDataForecast™, the global Fragrance Ingredients Market was estimated to be worth USD 14.57 billion in 2016 and is calculated to grow with a CAGR of 5.6%, to approach USD 19.13 billion by 2021. Increasing use of fragrance ingredients for both personal and commercial purposes helps the market growth.