The mixed odoriferous substances market for the food and drink industries in Oman showed fluctuations in per capita value from 2013 to 2023. In 2013, the value was $27.02 and dipped to a low of $21.78 in 2020. As of 2023, the market stood at $26.38 per capita. The last two years demonstrated recovery with around a 0.19% increase from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was subtly positive, signaling a stabilization following previous declines.
Future trends:
- An increasing focus on flavor innovations could drive demand.
- Regulatory changes and health-conscious consumer preferences may impact market dynamics.
- Potential economic shifts could influence spending patterns in Oman.
# | 38 Countries | US Dollars Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Belgium | 73.62 | 2023 | View data | ||
2 | 2 Sweden | 49.3 | 2023 | View data | ||
3 | 3 Spain | 46.57 | 2023 | View data | ||
4 | 4 Canada | 43.75 | 2023 | View data | ||
5 | 5 United Kingdom | 43.64 | 2023 | View data | ||
8 | 8 Netherlands | 31.81 | 2023 | View data | ||
9 | 9 Austria | 31.41 | 2023 | View data | ||
10 | 10 Oman | 26.38 | 2023 | |||
11 | 11 Australia | 25.49 | 2023 | View data | ||
12 | 12 Poland | 24.65 | 2023 | View data | ||