Rapid urbanization and increasing awareness about the health-based benefits of natural and organic beauty and personal care products in emerging economies across APAC, South America, and MEA drive the market growth for natural fragrances ingredients.
LONDON: The strategic procurement research report on the natural fragrance ingredients market is an essential part of SpendEdge’s agro commodities and raw materials category portfolio and offers a deep-dive analysis of the existing supply market, key factors influencing procurement decisions, pricing models, and procurement best practices. It also offers deeper insights into the supply chain risk management, key market developments, and demand-supply shifts to help sourcing and procurement experts make smart procurement decisions.
The constantly increasing awareness about the health-based benefits of natural and organic beauty and personal care products in emerging economies across APAC, South America, and MEA is driving the market growth for the natural fragrance ingredients market.
“Purchasing managers must engage with suppliers through a global sourcing model to source their natural fragrance ingredients from across multiple geographies that cultivate high-quality raw materials,” says A Kowshik, an agro commodities and raw materials industry procurement research specialist at SpendEdge.
One of the key challenges faced by purchasing managers are the increasing supply chain complexities due to intensive regulatory approval and excessive documentation. Purchasing managers look for high product value, competitive product lines, and product extensions and hence suppliers need to ensure that they adhere to local, national, and international regulations.
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This procurement research report on the natural fragrance ingredients market offers insights on:
- Supply markets, growth drivers, and challenges
- Key suppliers and assessment of their capabilities
- Procurement best practices
- Negotiation strategies and cost-saving opportunities
- Pricing models and category innovations
- For a full, comprehensive list, view our report
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