The European market for odoriferous mixtures not used in food and drink industries reveals notable disparities across countries. In 2023, France led with substantial production, followed by Germany and the United Kingdom. France and Germany experienced moderate growth, with year-on-year variations of over 3%, while Spain slightly outpaced them with a 3.6% increase. Italy demonstrated consistent growth, contrasting with Greece and Denmark, which faced declines. Bulgaria's impressive growth suggests potential for niche development. Over a five-year period, the market evolved at varying rates, indicating diverse regional strategies and market adoption.
Looking forward, several trends warrant attention in European production: emergence of new technologies enhancing fragrance production efficiency; regulatory shifts impacting market dynamics; and increasing demand for sustainable ingredients influencing production rates and practices across leading nations such as France and Germany. Monitoring these factors will be crucial for stakeholders aiming to leverage opportunities in this evolving market.
Top countries in Sold Production of Mixtures of Odoriferous Substances Not Used in the Food or Drink Industries by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 928,010,000 | 2023 | +3.56% | +3.29% | View data |
| 2 | 2 Germany | 829,620,000 | 2023 | +2.28% | +3.33% | View data |
| 3 | 3 United Kingdom | 491,540,000 | 2023 | +1.59% | +2.93% | View data |
| 4 | 4 Spain | 458,490,000 | 2023 | +2.56% | +3.6% | View data |
| 5 | 5 Italy | 71,448,000 | 2023 | +5.6% | +3.16% | View data |
| 6 | 6 Greece | 4,796,500 | 2023 | +5.14% | -3.7% | View data |
| 7 | 7 Bulgaria | 2,440,500 | 2023 | +1.41% | +7.24% | View data |
| 8 | 8 Czechia | 2,284,500 | 2023 | |||
| 9 | 9 Denmark | 504,030 | 2023 | -1.63% | -3.12% | View data |
| 10 | 10 Croatia | 81,360 | 2023 | -5.25% | +2.16% | View data |
