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The Balsam market is a segment of the fragrance, flavor and aroma chemicals industry. It is composed of a variety of natural and synthetic ingredients used to create fragrances, flavors and aromas. Balsam is derived from a variety of plants, including balsam fir, benzoin, storax, and myrrh. It is used in a variety of products, including perfumes, cosmetics, food, beverages, and pharmaceuticals. Balsam is also used in aromatherapy and as a natural insect repellent.
The Balsam market is highly competitive, with a wide range of suppliers offering a variety of products. Companies in the market include Givaudan, Firmenich, Symrise, International Flavors & Fragrances, Takasago, Mane, Robertet, and Frutarom. Show Less Read more