| Product Code: ETC5082199 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to be a significant importer of aroma compounds, with Metropolitan France, Netherlands, Germany, Spain, and the UK being the top exporting countries. Despite a negative compound annual growth rate (CAGR) of -3.6% from 2020 to 2024, the market remained concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The growth rate further declined in 2024 by -6.8%, signaling potential challenges in the aroma compounds import market in Belgium. Stakeholders should closely monitor these trends to adapt their strategies accordingly.

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 Belgium Aroma compounds Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Aroma compounds Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Aroma compounds Market - Industry Life Cycle |
3.4 Belgium Aroma compounds Market - Porter's Five Forces |
3.5 Belgium Aroma compounds Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Belgium Aroma compounds Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Belgium Aroma compounds Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Belgium Aroma compounds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and clean label ingredients in food and beverages industry. |
4.2.2 Increasing consumer awareness and preference for organic and natural products. |
4.2.3 Growth in the fragrance and personal care industry driving the demand for aroma compounds. |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards for the use of aroma compounds in food and beverages. |
4.3.2 Fluctuating prices of raw materials impacting the production costs of aroma compounds. |
4.3.3 Competition from substitute products and synthetic alternatives. |
5 Belgium Aroma compounds Market Trends |
6 Belgium Aroma compounds Market Segmentations |
6.1 Belgium Aroma compounds Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Belgium Aroma compounds Market Revenues & Volume, By Natural, 2021-2031F |
6.1.3 Belgium Aroma compounds Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2 Belgium Aroma compounds Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Belgium Aroma compounds Market Revenues & Volume, By Benzenoids, 2021-2031F |
6.2.3 Belgium Aroma compounds Market Revenues & Volume, By Terpenoids, 2021-2031F |
6.2.4 Belgium Aroma compounds Market Revenues & Volume, By Musk Chemicals, 2021-2031F |
6.2.5 Belgium Aroma compounds Market Revenues & Volume, By Other, 2021-2031F |
6.3 Belgium Aroma compounds Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Belgium Aroma compounds Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Belgium Aroma compounds Market Revenues & Volume, By Fine Fragrances, 2021-2031F |
6.3.4 Belgium Aroma compounds Market Revenues & Volume, By Cosmetics & Toiletries, 2021-2031F |
6.3.5 Belgium Aroma compounds Market Revenues & Volume, By Soaps & Detergents, 2021-2031F |
6.3.6 Belgium Aroma compounds Market Revenues & Volume, By Household, 2021-2031F |
6.3.7 Belgium Aroma compounds Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Aroma compounds Market Import-Export Trade Statistics |
7.1 Belgium Aroma compounds Market Export to Major Countries |
7.2 Belgium Aroma compounds Market Imports from Major Countries |
8 Belgium Aroma compounds Market Key Performance Indicators |
8.1 Consumer acceptance and adoption rate of natural aroma compounds. |
8.2 Number of new product launches containing natural aroma compounds. |
8.3 Investment in research and development for sustainable sourcing and production of aroma compounds. |
9 Belgium Aroma compounds Market - Opportunity Assessment |
9.1 Belgium Aroma compounds Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Belgium Aroma compounds Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Belgium Aroma compounds Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Belgium Aroma compounds Market - Competitive Landscape |
10.1 Belgium Aroma compounds Market Revenue Share, By Companies, 2024 |
10.2 Belgium Aroma compounds Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |