Emerging Opportunities in Gourmand Fragrance Market with Current Trends Analysis

Market Outlook

A gourmand fragrance is a mixture of scented essential oils or aroma compounds, sprays, and solvents. Gourmand fragrances tend to smell edible, usually featuring notes such as honey, chocolate, candy, vanilla, caramel, almonds and so on. These top and middle notes may be combined with non-edible base notes like musk or patchouli.

The global gourmand fragrance industry sets well ahead of the broad beauty market, providing steady positive growth and a firm ascendant trajectory. Outdoing the baseline beauty and personal care industry, a feat accomplished by both color cosmetics and fragrances, gourmand fragrances experienced a revitalization in mature markets in the face of a fresh customer, while simultaneously gaining new vendors in continually advancing evolving nations. Gourmand fragrances are also called foodie fragrances, and can be both feminine and masculine. Usually, they are warm and most wearable in the colder seasons. The gourmand fragrance market is becoming more consolidated over a period of time as large companies are acquiring smaller and niche brands.

Urbanization is Driving the Global Gourmand Fragrances Market

Gourmand fragrances are genuinely tempting and appealing, equipped with enticing essential oils and aromatic compounds. The applications of gourmand fragrances for those having a sweet tooth prompts a nirvana-like state in the consumers. Driven by continually-rising customer demand for air travel, travel retail has appeared as a reliable distribution channel for luxurious fragrances like gourmand fragrances in the past few years. The gourmand fragrance trend has gradually increased in popularity since 1992. In 1992, Thierry Mugler’s company MUGLER launched its first gourmand fragrance “Angel”; it was credited as the first modern Gourmand scent. “Angel” along with its companion scent Alien accounted for $280 Mn in annual sales which set the tone of the gourmand fragrance market. Furthermore, advancing technology is empowering the customization of fragrances, diverging custom blending from a luxury to a mainstream service. Going forward, the market is expected to see continuing sales growth in smaller fragrance products. 

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Global Gourmand Fragrance: Market Segmentation

On the basis of Application, the global gourmand fragrance market has been segmented as –

Personal Care Fragrance
Home Care Fragrance
Pet and Animal Care Fragrance
On the basis of Nature, the global gourmand fragrance market has been segmented as –

Natural
Synthetic
On the basis of Region, the global gourmand fragrance market has been segmented as –

North America
Western Europe
Eastern Europe
Latin America
Asia Pacific Excluding Japan
Japan
MEA
p>On the basis of Source, the global gourmand fragrance market has been segmented as –

Honey
Chocolate
Vanilla
Almond
Others (Caramel, Milk, and Candy)
Global Gourmand Fragrance Market: Key Players

p>Some of the key players operating in the global gourmand fragrance market are INITIO Parfums Prives Perfumes and Colognes, Yves Saint Laurent Beauté, Dior, Lancome, MUGLER, Guerlain, CARNER BARCELONA S.L., Serge Lutens, Tom Ford, Xerjoff Lira, Acqua di Parma, Viktor&Rolf, Maison Francis Kurkdjian, Maison Margiela, Lolita Lempicka, KILIAN, Elie Saab, Kat Von D, Commodity, Prada, Marc Jacobs among others.

The global gourmand fragrance market has evolved on the framework of new products inventions, launching new products, the emergence of the small-scale players in the market creating a fuss about the benefits of gourmand fragrances through advertising activities and programs are some of the significant drivers reinforcing the growth of the gourmand fragrance market.

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Key Developments:

In 2016, the online sales of Fragrances in U.K observed a raise of 20%. Total sales recorded in 2016 was £162 million, according to the NPD Group. Amazon is one of the internet giants, a growing seller of fragrances, including cosmetics. Also, in 2016, Prada, a key player in the gourmand fragrance market extended their extended the Prada Candy perfume range with new Prada Candy Sugar Pop eau de toilette Candy Kiss had musk as its hero ingredient. The packaging box featured a kiss motif inspired by the iconic Prada lip print. Owing to this product launch the company strengthened their grip in the gourmand fragrance market.

p>Opportunities for Market Participants in the Gourmand Fragrance market

The divergence of volume and value growth of the gourmand fragrance market grew robust over the past few years. Thanks to the redefined niche genre of the market, which saw gourmand fragrances positioned as a piece of investment, cosseting a “less is more” outlook. Many luxury brands are expanding into fragrances as an entry point for consumers. Regionally, consumers of Western Europe as united represent the most valuable gourmand fragrance unit. In individual market terms, the United States trailed by Brazil claimed the accolade of largest fragrance nations. Furthermore, a significant trend recognized in the market is the influence exerted by millennials. Millennials are heavy fragrance customers in many markets. Because of this, brands are trying to win them over by launching new products very often. Tapping into their communication and consumer experience codes. Furthermore, Fragrances are usually more reasonable than luxury goods such as bags or shoes, allowing the vendors to draw into the middle- and lower-income consumer segments, which is assisting the growth of the gourmand fragrance market.

Electric Bike Market Estimated to Exhibit CAGR of 3.1% by 2027

FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery types, the lead-based battery segment in the electric bike market is expected to expand at a CAGR of more than 3% in terms of value over the forecast period. The global market for battery electric bike is estimated to represent a total increment opportunity of 6.1 Bn from 2017 to 2027. Asia Pacific excluding Japan (APEJ) is estimated to account for a value share of 81% in the global electric bike market by the end of 2017, and is also expected to dominate the market during the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the electric bike market during this period.

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Adoption of Clean Technology Expected to Boost the Electric Bike Market

Government agencies are focusing on electro-mobility and reducing pollution, hence, zero emission vehicles are being increasingly promoted through attractive incentives and schemes. This has led to an enhanced focus on electric bikes and thus, a significant increase in the sales of electric bikes is expected over the forecast period. Apart from curbing air pollution, electric bikes also help reduce the level of noise pollution.

Growth in the transportation sector has severely depleted non-renewable petroleum reserves, and this has increased the prices of fuel. Fuel prices are expected to increase exponentially in the coming years as crude oil reserves will be reduced, which will pave the way for the growth of vehicles running on alternate sources of energy. Moreover, the prices and consumption of petroleum products as fuel in the automotive sector is growing day by day, and to reduce the global consumption of the same, manufacturers and governments are promoting the usage of electric bikes as they are far more fuel-efficient compared to conventional automobiles. These factors are estimated to enhance the electric bike market.

Segmentation Analysis of the Electric Bike Market

The electric bike market is segmented on the basis of product type, battery type and technology.

Pedelecs is expected to be the most prominent segment in terms of volume and value over the forecast period. The pedelecs sub-segment of the electric bike market is estimated to grow at a CAGR of 3.2% in terms of value over the forecast period. Pedelecs are expected to represent a total incremental opportunity of US$ 3.9 Bn between 2017 and 2027 in the electric bike market. The electric scooter and motorcycle sub-segments are projected to grow at a relatively low CAGR as compared to pedelecs over the forecast period

The most prominent battery type in the electric bike market is estimated to be the lead-based battery. The lead based battery segment is estimated to grow at a steady CAGR over the forecast period in the electric bike market

The battery electric scooter segment is the most prominent technology segment in the electric bike market. It is estimated to account for more than 80% of the electric bike market throughout the forecast period.

Regional Market Projections of the Electric Bike Market

The electric bike market in APEJ is expected to represent a significantly high incremental opportunity between 2017 and 2027. The electric bike market in APEJ is expected to represent a total incremental opportunity of US$ 6.1 Bn between 2017 and 2027.

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Electric Bike Market Participants

This report highlights some of the top companies operating in the electric bike market, which include ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd., Piaggio & C. SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri E-Vehicle Co. Ltd., Giant Manufacturing Co. Ltd., Emotion Bikes USA, Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Zero Motorcycles, Inc., Mahindra Genze, Derby Cycle and Accell Group.

Himani Chawla, the first viral girl, is back to go viral again

Do you remember this Viral Girl from Mahakumbh, who was identified as some Sanyasini or A hollywood actress visiting Mahakumbh? This is Himani Chawla who went viral at that time when people did not even know the real meaning of going viral. She can easily be called India’s 1st Viral Girl who was liked , shared and followed by her fans at that time and she just had to disconnect herself from the world because of attention she was getting as she was completing her studies in Fashion designing.

But now she has done it again but in a bit rebellious way. We got her pictures from her Instagram account where Himani is posing in front of Lord Shiva.

This photoshoot has becone rage on Instagram. But it’s a courage or let’s call it an audacious act for someone to pose like this. Model cum fashion stylist, Himani posed for the photo shoot in front of Lord Shankara, an act which might bring anger in the hearts of devotees .

Not just devotees, but other people too have shown their anger on this photoshoot of Himani . On the other hand , there are people who feel that there is nothing wrong or taboo in it .

Himani is a hot and talented model and entrepreneur who has shown her skin many a times in her ramps and modelling shows before but this picture is getting in to some serious situations , according to some of her fans .

So we must admit that India’s very 1st viral girl is back to grab people’s attention and this time she is going to stay and will continue with her spacial ability to go viral again and again.

Hope we can see her in next big boss season

Automotive Steering System Market to touch US$ 13.7 Bn by 2027

FMI delivers key insights on the global automotive steering market in its latest report titled ‘Automotive Steering Market: Global Industry Analysis and Opportunity Assessment 2017-2027.’ The long-term outlook on the global automotive steering market remains positive with the market value expected to increase at a CAGR of 3.5% during the forecast period (2017-2027). Among technologies, the electronic steering segment is expected to expand at a significant CAGR, in terms of value, over the forecast period. C-EPS and R-EPS are projected to be the most prominent sub-segments of electronic steering in terms of market size and market growth, respectively. The global automotive steering market for compact cars is estimated to be valued at US$ 13.7 Bn by the end of 2027. Asia Pacific (excluding Japan) is estimated to have accounted for a value share of 38% in the global automotive steering market by 2017 end and is anticipated to remain a prominent market, during the forecast period. In this report, FMI throws light on drivers and restraints likely to impact the Automotive Steering market during this period.

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Increasing Vehicle Production and Fleet on Road will drive the Automotive Steering market

Rise in the production of vehicles has boosted the demand for automotive steering. As steering systems are an important component of an automobile and all vehicles are equipped with it, the growth in the automotive steering market is directly related to the growth in the automotive production and fleet on road. In 2017, more than 97 million were vehicles produced, of which more than 73 million were passenger cars. The rise in the sales of vehicles has also accelerated the growth of the fleet on road. In 2015, the global fleet on road was about 1.2 Bn.

Segmentation Analysis of Automotive Steering market

The Automotive Steering market is segmented on the basis of technology and vehicle type.

Compact passenger cars are estimated to be the most prominent vehicle type in the automotive steering market. The compact passenger car segment is estimated to grow at a stable CAGR, in terms of value, over the forecast period. It is projected that the during the forecast period, compact passenger cars will be replaced by SUVs as the most prominent market. The automotive steering market for SUVs is being driven by increasing production and sales of sports utility vehicles (SUVs) in Asia Pacific, North America and Europe. Along with this, rising demand for SUVs for recreation and motorsports activity has also fuelled the market for automotive steering globally.

C-EPS is anticipated to continue to dominate the market, in terms of value, over the forecast period. The C-EPS sub-segment of the automotive steering market is estimated to grow at a steady CAGR of 3.8% over the forecast period. R-EPS is projected to grow at a relatively high CAGR as compared to other steering technologies over the forecast period. It is expected to represent total incremental opportunity of US$ 9.1 Bn between 2017 and 2027.

Regional Market Projections of Automotive Steering

The automotive steering market in Asia Pacific Excluding Japan (APEJ) is expected to represent high incremental opportunity between 2017 and 2027. The market of automotive steering in APEJ is expected to represent total incremental opportunity of US$ 8.2 Bn between 2017 and 2027.

Attributing to rising commercial activities in Brazil, Mexico, South Africa and India, increasing demand for Heavy Commercial Vehicles in these regions is being witnessed and hence, latest steering systems are expected to be adopted in the vehicles there.

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Automotive Steering Market Participants

The report highlights some of the top companies operating in the automotive steering market including JTEKT Corporation, Nexteer Automotive Group Ltd., Showa Corp., ThyssenKrupp AG, Hitachi Automotive System Ltd., Sona Koyo Steering System Ltd., Robert Bosch GmbH, NSK Steering System Co. Ltd., Mando Corp., ZF Friedrichshafen AG, Magal Engineering Limited, ATS Automation Tooling System Inc., and Hyundai Mobis.

Syringes & Cannulas Market Estimated to Flourish at by 2028

XploreMR’s report provides forecast and assessment on the syringes & cannulas market for the period of forecast, 2018 to 2028, and the market size has been evaluated in terms of value (US$ Mn) and volume (Million Units). A plethora of factors that impact supply & demand trends in the syringes & cannulas market have been analyzed and elaborated. Scope of the report is to offer its readers with valuable intelligence so that they are able to make fact-based decisions for expansion of their businesses.

Chapter 1 – Syringes & Cannulas Market Executive Summary

The report begins with an executive summary of the syringes & cannulas market, providing in-depth analysis and actionable insights on its current and future growth prospects. Imperative market aspects such as opportunities, trends, restraints and drivers, influencing growth of the syringes & cannulas market have been examined and incorporated in this chapter.

Chapter 2 – Syringes & Cannulas Market Introduction

The second chapter of the report offers a succinct introduction to the syringes & cannulas market, and formally defines the target product – syringes & cannulas. This chapter also implies scope of the report, in combination with the provision of opportunity analysis and mega trends impacting expansion of the syringes & cannulas market.

Chapter 3 – Syringes & Cannulas Market Dynamics

The third chapter of the report gives intelligence on key growth drivers, along with an impact analysis on the syringes & cannulas market at a global as well as a regional level. Industry challenges, and scenario forecast such as demand in the optimism, likely, and conservative conditions have been incorporated in this chapter.

Chapter 4 – Associated Industry Dynamics

Key regulations that govern the development, production, and distribution of products in the syringes & cannulas market have been included in the fourth chapter of the report. This chapter also includes average selling prices of syringes & cannulas, in terms of US$ Mn, across the regional segments incorporated.

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Chapter 5 – Syringes & Cannulas Market Analysis and Forecast

Fifth chapter of the report offers a holistic outlook on the syringes & cannulas market, along with regional demand assessment which provides the market value share of key regions analyzed in the report. The syringes & cannulas market has been assessed on the basis of three key segments, namely, product type, end-users and region. Key trends impacting prospects of the regional markets for syringes & cannulas have also been elaborated in this chapter.

Chapter 6 – North America Syringes & Cannulas Market

This chapter offers a detailed analysis on the syringes & cannulas market in North America. Revenue and volume share analysis has been offered for the North America syringes & cannulas market, based on all the market segments identified in the report.

Chapter 7 – Latin America Syringes & Cannulas Market

An in-depth assessment on the syringes & cannulas market in Latin America has been provided in this chapter. A country-level assessment on key dynamics influencing growth of the Latin America syringes & cannulas market has also been offered in this chapter.

Chapter 8 – Europe Syringes & Cannulas Market

Market size and forecast on the syringes & cannulas market in Europe, in terms of volume and value, has been offered in this chapter. Revenue and volume share comparison between all segments in Europe syringes & cannulas market has also been provided in this report.

Chapter 9 – CIS & Russia Syringes & Cannulas Market

This chapter delivered key insights associated with the syringes & cannulas market in CIS and Russia. Important market numbers such as revenues, volume sales, and CAGR have been offered to depict the size of the CIS & Russia syringes & cannulas market.

Chapter 10 – Japan Syringes & Cannulas Market

This chapter provides an in-depth assessment on the syringes & cannulas market in Japan, along with Y-o-Y growth analysis on the regional market. Y-o-Y growth comparison analysis offered is based on all the market segments identified and examined in the report.

Chapter 11 – APEJ Syringes & Cannulas Market

Assessment and analysis on the syringes & cannulas market in Asia-Pacific excluding Japan (APEJ) has been covered in this chapter. Key countries studied under APEJ syringes & cannulas market include Greater China, India, South Korea, ASEAN countries, and Rest of APEJ.

Chapter 12 – MEA Syringes & Cannulas Market

Key trends impacting growth of the syringes & cannulas market in Middle East & Africa (MEA) have been analyzed in this chapter. The analysis on the MEA syringes & cannulas market includes Y-o-Y growth comparison, revenue comparison, and volume share comparison between the market segments identified and incorporated in the report.

Chapter 13 – Syringes & Cannulas Market Competitive Assessment

This concluding chapter of the report delivers a detailed assessment on the competition landscape of the syringes & cannulas market, which provides a company share analysis on key players supporting the market growth. A heat map analysis has also been provided in this chapter, which gives the intensity of presence of the market players in the regional market. Key player sustaining expansion of the syringes & cannulas market have been profiled and analyzed in detail in this chapter.

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