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Flavors and Fragrances - Global Market Outlook (2016-2022)

  • August 2016
  • 129 pages
  • Stratistics MRC
Report ID: 4147876

Summary

Table of Contents

According to Stratistics MRC, the Global Flavors and Fragrances Market is accounted for $29.12 billion in 2015 and is expected to reach $44.60 billion by 2022 growing at a CAGR of 6.3% during the forecast period from 2015 to 2022. The increasing consciousness of people towards beauty and food & beverages is creating opportunities in the dairy, soap & detergents, fine fragrance and cosmetic & toiletries industries. Emerging middle class population in developing countries acts as the growth factor for the market. Moreover, increasing demand for natural flavors is the key trend of the market coupled with high disposable income of consumer and rapid change in lifestyle. In addition to all drivers, high cost of raw materials is one of the major factors restraining the market growth.

Aroma chemicals segment is expected to be the fastest growing segment owing to the increasing use of this material for making flavor and fragrance compounds. Diary, cosmetics & toiletries, and household product segments are anticipated to show above average growth in market, reaction to its various uses in daily lifestyle. North America is estimated to be the largest market, while Asia Pacific is estimated to be the fastest growing market due to the increase in disposable income and changing lifestyle.

Some of the key players in the flavors and fragrances market include Firmenich SA, Givaudan SA, Symrise AG, Agilex Flavors & Fragrances, Inc., International Flavors & Fragrances, Inc., Bedoukian Research, Inc., Aromatech SAS, BASF SE, Bell Flavors & Fragrances Inc., Sensient Technologies Corp., Takasag- International Corp., Royal DSM NV, Cargill Flavor Systems, ConAgra Foods Incorporated and Kerry Group plc.

Products Covered:
Flavor blends
Fragrance blends
Aroma chemicals
- Natural Aroma chemicals
- Synthetic Aroma chemicals

Technologies Covered:
Cold Extraction Technology
Conventional Technologies
Enzymatic Routes
Flavor Encapsulation
Supercritical Fluid Extraction

Applications Covered:
Beverages
Confectionary And Bakery Products
Cosmetics And Toiletries
Dairy Products
Household And Other Products
Oral Care
Soap & Detergent

Regions Covered:
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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