Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Flavor and Fragrance Market by Type (Flavor, Fragrance), By Application (Food and Beverages, Daily Chemicals, Tobacco Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Flavor and Fragrance Market by Type (Flavor, Fragrance), By Application (Food and Beverages, Daily Chemicals, Tobacco Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144231 3300 Chemical & Material 377 239 Pages 4.7 (42)
                                          

The global flavor and fragrance market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 8.2 billion by 2030. The growth of this market is driven by the increasing demand for flavors and fragrances in food and beverages, daily chemicals, tobacco industry, and others. The flavor segment is expected to grow at a CAGR of 4.6% during the forecast period due to its wide application in food & beverages industry which accounts for more than 50% share in the total revenue generated from this segment.

Some Of The Growth Factors Of This Market:

  1. Increasing demand for natural flavors and fragrances in food products is also attributed to the growing awareness about health benefits associated with these ingredients such as weight management, improved immunity, reduced risk of cancer etc, which has led consumers towards healthier lifestyles that include consumption of healthy foods with natural ingredients such as fruits and vegetables that have high levels of antioxidants or other nutrients that promote good health.
  2. The rising popularity of organic foods has also contributed significantly towards the growth in demand for natural flavors and fragrances in food products because they are free from any harmful chemicals or pesticides used during cultivation or production process; this trend will continue into the future as more consumers become aware about its benefits on their health.

Industry Growth Insights published a new data on “Flavor and Fragrance Market”. The research report is titled “Flavor and Fragrance Market research by Types (Flavor, Fragrance), By Applications (Food and Beverages, Daily Chemicals, Tobacco Industry), By Players/Companies Givaudan, Firmenich, IFF, Symrise, Takasago, WILD Flavors, Mane, International Flavors?Fragrances, Sensient, Robertet SA, T. Hasegawa, Kerry, McCormick, Synergy Flavor, Prova, Huabao, Yingyang, Zhonghua, Shanghai Apple, Wanxiang International, Boton”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Flavor and Fragrance Market Research Report

By Type

Flavor, Fragrance

By Application

Food and Beverages, Daily Chemicals, Tobacco Industry

By Companies

Givaudan, Firmenich, IFF, Symrise, Takasago, WILD Flavors, Mane, International Flavors?Fragrances, Sensient, Robertet SA, T. Hasegawa, Kerry, McCormick, Synergy Flavor, Prova, Huabao, Yingyang, Zhonghua, Shanghai Apple, Wanxiang International, Boton

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

239

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Flavor and Fragrance Industry Outlook


Global Flavor and Fragrance Market Report Segments:

The global Flavor and Fragrance market is segmented on the basis of:

Types

Flavor, Fragrance

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Food and Beverages, Daily Chemicals, Tobacco Industry

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Givaudan
  2. Firmenich
  3. IFF
  4. Symrise
  5. Takasago
  6. WILD Flavors
  7. Mane
  8. International Flavors?Fragrances
  9. Sensient
  10. Robertet SA
  11. T. Hasegawa
  12. Kerry
  13. McCormick
  14. Synergy Flavor
  15. Prova
  16. Huabao
  17. Yingyang
  18. Zhonghua
  19. Shanghai Apple
  20. Wanxiang International
  21. Boton

Global Flavor and Fragrance Market Overview


Highlights of The Flavor and Fragrance Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Flavor
    2. Fragrance
  1. By Application:

    1. Food and Beverages
    2. Daily Chemicals
    3. Tobacco Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Flavor and Fragrance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Flavor and Fragrance Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Flavor and fragrance are the essential elements of food. They provide the taste, smell, and texture that make food enjoyable to eat.

Some of the key players operating in the flavor and fragrance market are Givaudan, Firmenich, IFF, Symrise, Takasago, WILD Flavors, Mane, International Flavors?Fragrances, Sensient, Robertet SA, T. Hasegawa, Kerry, McCormick, Synergy Flavor, Prova, Huabao, Yingyang, Zhonghua, Shanghai Apple, Wanxiang International, Boton.

The flavor and fragrance market is expected to grow at a compound annual growth rate of 4.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Flavor and Fragrance Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Flavor and Fragrance Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Flavor and Fragrance Market - Supply Chain
   4.5. Global Flavor and Fragrance Market Forecast
      4.5.1. Flavor and Fragrance Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Flavor and Fragrance Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Flavor and Fragrance Market Absolute $ Opportunity

5. Global Flavor and Fragrance Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Flavor and Fragrance Market Size and Volume Forecast by Type
      5.3.1. Flavor
      5.3.2. Fragrance
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Flavor and Fragrance Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Flavor and Fragrance Market Size and Volume Forecast by Application
      6.3.1. Food and Beverages
      6.3.2. Daily Chemicals
      6.3.3. Tobacco Industry
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Flavor and Fragrance Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Flavor and Fragrance Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Flavor and Fragrance Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Flavor and Fragrance Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Flavor and Fragrance Demand Share Forecast, 2019-2026

9. North America Flavor and Fragrance Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Flavor and Fragrance Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Flavor and Fragrance Market Size and Volume Forecast by Application
      9.4.1. Food and Beverages
      9.4.2. Daily Chemicals
      9.4.3. Tobacco Industry
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Flavor and Fragrance Market Size and Volume Forecast by Type
      9.7.1. Flavor
      9.7.2. Fragrance
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Flavor and Fragrance Demand Share Forecast, 2019-2026

10. Latin America Flavor and Fragrance Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Flavor and Fragrance Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Flavor and Fragrance Market Size and Volume Forecast by Application
      10.4.1. Food and Beverages
      10.4.2. Daily Chemicals
      10.4.3. Tobacco Industry
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Flavor and Fragrance Market Size and Volume Forecast by Type
      10.7.1. Flavor
      10.7.2. Fragrance
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Flavor and Fragrance Demand Share Forecast, 2019-2026

11. Europe Flavor and Fragrance Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Flavor and Fragrance Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Flavor and Fragrance Market Size and Volume Forecast by Application
      11.4.1. Food and Beverages
      11.4.2. Daily Chemicals
      11.4.3. Tobacco Industry
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Flavor and Fragrance Market Size and Volume Forecast by Type
      11.7.1. Flavor
      11.7.2. Fragrance
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Flavor and Fragrance Demand Share, 2019-2026

12. Asia Pacific Flavor and Fragrance Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Flavor and Fragrance Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Flavor and Fragrance Market Size and Volume Forecast by Application
      12.4.1. Food and Beverages
      12.4.2. Daily Chemicals
      12.4.3. Tobacco Industry
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Flavor and Fragrance Market Size and Volume Forecast by Type
      12.7.1. Flavor
      12.7.2. Fragrance
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Flavor and Fragrance Demand Share, 2019-2026

13. Middle East & Africa Flavor and Fragrance Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Flavor and Fragrance Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Flavor and Fragrance Market Size and Volume Forecast by Application
      13.4.1. Food and Beverages
      13.4.2. Daily Chemicals
      13.4.3. Tobacco Industry
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Flavor and Fragrance Market Size and Volume Forecast by Type
      13.7.1. Flavor
      13.7.2. Fragrance
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Flavor and Fragrance Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Flavor and Fragrance Market: Market Share Analysis
   14.2. Flavor and Fragrance Distributors and Customers
   14.3. Flavor and Fragrance Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Givaudan
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Firmenich
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. IFF
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Symrise
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Takasago
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. WILD Flavors
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Mane
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. International Flavors?Fragrances
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Sensient
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Robertet SA
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. T. Hasegawa
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Kerry
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. McCormick
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Synergy Flavor
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Prova
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Huabao
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Yingyang
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Zhonghua
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Shanghai Apple
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Wanxiang International
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us