Flavor and fragrance are defined as substances that give another substance pleasant odor, altering the characteristics of the solute, causing it to become sweet, sour, tangy, etc.
Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. Fragrances are mainly used in fine fragrances and consumer products including body care, home care and oral care.
Scope of the Report:
Flavor and fragrance are widely used in food and beverage market, and daily chemicals for personal care and household products, and fine fragrance and beauty care. The key factors driving the growth of the aforementioned industry are increasingly flavor and fragrance consumption. The expansions of application drive the market growth and support the growth of this market over forecast period. Flavor and fragrance industry will usher in a stable growth space.
In the past few years, the price of flavor and fragrance decreased and we expect the price has pressure to increase in short time. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of flavor and fragrance. Therefore, to some extent, the companies face the risk of profit decline.
The worldwide market for Flavor and Fragrance is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 30500 million US$ in 2024, from 25500 million US$ in 2019, according to a new Research study.
This report focuses on the Flavor and Fragrance in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Food and Beverages
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Flavor and Fragrance product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Flavor and Fragrance, with price, sales, revenue and global market share of Flavor and Fragrance in 2017 and 2018.
Chapter 3, the Flavor and Fragrance competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Flavor and Fragrance breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Flavor and Fragrance market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Flavor and Fragrance sales channel, distributors, customers, research findings and conclusion, appendix and data source.