The Mixted Odoriferous Substances for Industrial Use Market in Mauritius experienced fluctuations between 2013 and 2023, reaching a market size of 12.555 Million USD in 2023. Over the past two years, there were minor increases of 0.49% in 2022 and 0.48% in 2023. The market exhibited a negative Compound Annual Growth Rate (CAGR) of -0.072% over the last five years, indicating a relatively stagnant market overall.
Future trends to watch for may include:
- Innovation in fragrance technologies that cater to new industrial applications.
- Increased emphasis on sustainable and natural ingredients, driven by consumer preference and regulatory changes.
- Potential for market expansion due to increased industrial activities and a growing preference for customized solutions.
| # | 44 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,055,500,000 | 2023 | +2.89% | +2.01% | View data |
| 2 | 2 United Kingdom | 4,265,800,000 | 2023 | +0.86% | -1.74% | View data |
| 3 | 3 Spain | 3,670,400,000 | 2023 | +0.57% | -0.064% | View data |
| 4 | 4 Indonesia | 3,098,600,000 | 2023 | +4.12% | +5.66% | View data |
| 5 | 5 Italy | 2,660,800,000 | 2023 | -1.25% | -1.42% | View data |
| 42 | 42 Latvia | 33,218,000 | 2023 | +4.11% | +3.77% | View data |
| 43 | 43 Estonia | 20,546,000 | 2023 | +1.48% | +0.7% | View data |
| 44 | 44 Mauritius | 12,555,000 | 2023 | +0.48% | -0.072% | |
