Market Analysis

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fragrance industry

One of the biggest challenges facing the $30 billion fragrance industry is the increasing difficulty of sourcing certain raw materials

The $30 billion global fragrance industry relies heavily on raw ingredients that are becoming increasingly difficult or controversial to source. This presents both challenges and opportunities for the industry. One major challenge is the increasing difficulty and cost of obtaining natural ingredients, such as essential oils, due to over-harvesting, climate change, and other … [Read more...] about One of the biggest challenges facing the $30 billion fragrance industry is the increasing difficulty of sourcing certain raw materials