| Product Code: ETC6159190 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Armenia import trend for flavor and fragrance products experienced a significant decline from 2023 to 2024, with a growth rate of -79.41%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -15.91%. This sharp decrease in imports can be attributed to shifting consumer preferences or changes in market demand dynamics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Flavor and Fragrance Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Flavor and Fragrance Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Flavor and Fragrance Market - Industry Life Cycle |
3.4 Armenia Flavor and Fragrance Market - Porter's Five Forces |
3.5 Armenia Flavor and Fragrance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Flavor and Fragrance Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Armenia Flavor and Fragrance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and organic flavors and fragrances |
4.2.2 Increasing disposable income and changing consumer preferences |
4.2.3 Expansion of the food and beverage industry in Armenia |
4.3 Market Restraints |
4.3.1 High cost associated with natural ingredients |
4.3.2 Stringent regulations on the use of certain synthetic ingredients |
4.3.3 Limited awareness and adoption of premium flavors and fragrances |
5 Armenia Flavor and Fragrance Market Trends |
6 Armenia Flavor and Fragrance Market, By Types |
6.1 Armenia Flavor and Fragrance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Flavor and Fragrance Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Armenia Flavor and Fragrance Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.1.4 Armenia Flavor and Fragrance Market Revenues & Volume, By Natural, 2021- 2031F |
6.2 Armenia Flavor and Fragrance Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Flavor and Fragrance Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Armenia Flavor and Fragrance Market Revenues & Volume, By Beverage, 2021- 2031F |
6.2.4 Armenia Flavor and Fragrance Market Revenues & Volume, By Beauty and Personal Care, 2021- 2031F |
6.2.5 Armenia Flavor and Fragrance Market Revenues & Volume, By Perfumes, 2021- 2031F |
6.2.6 Armenia Flavor and Fragrance Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia Flavor and Fragrance Market Import-Export Trade Statistics |
7.1 Armenia Flavor and Fragrance Market Export to Major Countries |
7.2 Armenia Flavor and Fragrance Market Imports from Major Countries |
8 Armenia Flavor and Fragrance Market Key Performance Indicators |
8.1 Consumer satisfaction index with new flavor and fragrance products |
8.2 Rate of adoption of sustainable and eco-friendly ingredients |
8.3 Number of new product launches featuring innovative flavor and fragrance profiles |
8.4 Growth in the research and development investment in the flavor and fragrance sector |
8.5 Percentage increase in demand for customized flavor and fragrance solutions |
9 Armenia Flavor and Fragrance Market - Opportunity Assessment |
9.1 Armenia Flavor and Fragrance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Flavor and Fragrance Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Armenia Flavor and Fragrance Market - Competitive Landscape |
10.1 Armenia Flavor and Fragrance Market Revenue Share, By Companies, 2024 |
10.2 Armenia Flavor and Fragrance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |