From 2013 to 2023, the per capita market size value of mixed odoriferous substances for the food and drink industries in Romania has shown a fluctuating trend with an overall growth. In 2013, it valued at 17.53 USD, climbing to 20.42 USD by 2023. Notably, the market saw year-on-year increases of 1.75% in 2022 and 0.94% in 2023. Over the last 5 years, the compound annual growth rate (CAGR) stands at 0.76%, reflecting moderate growth within the industry.
Future trends to watch for include:
- Potential impacts of shifting consumer preferences towards natural ingredients.
- Regulatory changes affecting supply chains.
- Advancements in food technology potentially driving market innovations.