The Flavors & Fragrances Market is expected to be around US$ 27.05 Billion by 2027 at a CAGR of 2.83% in the given forecast period.
Fragrances are extensively approved for industrial use, such as ambience fragrances for consumer durables and personal care accessories, which was an unexplored category previously. Moreover, owing to development in disposable income, more local consumers, especially young consumers, opt for quality goods. In the wake of the global pandemic, a better focus on hygiene products has driven the market for new and creative fragrances used in products such as sanitizers, hand washes, and floor cleaners.Furthermore,introduction of new flavors, innovative technologies, and heavy inflow of investment in R&D activities are the other features that increase the growth of the flavors products.Personal care is an important application segment, owing to growth in demand for deodorants, talcum powders, perfumes, soaps, creams, and hair oils. Development in demand for car and room fresheners and growing in popularity of aromatherapy are also expected to drive development of the market for fragrance ingredients. The hospitality segment is also experiencing a growth in demand for fragrances to create a pleasant atmosphere.
The global Flavours& Fragrances market is segregated on the basis of Type as Flavors and Fragrance. Based on Nature the global Flavors & Fragrances market is segmented in Natural and Synthetic. Based on Application the global Flavors & Fragrances market is segmented in Food & Beverages, Cosmetics & Personal Care, Home Care, and Fabric Care.
The global Flavors & Fragrances market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Flavors & Fragrances market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Givaudan, Firmenich, IFF, Symrise, Mane SA, Frutarom, Takasago, Sensient Flavors, Robertet SA, T. Hasegawa, Huabao Int, and others are among the major players in the global Flavors & Fragrances market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Flavors & Fragrances Market Has been segmented as below:
Flavors & Fragrances Market, By Type
Flavors & Fragrances Market, By Nature
Flavors & Fragrances Market, By Application
Flavors & Fragrances Market, By Region
Flavors & Fragrances Market, By Company
The report covers:
Report Scope:
The global Flavors & Fragrances market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Flavors & Fragrances market share. Major industry players with significant revenue share include Givaudan, Firmenich, IFF, Symrise, Mane SA, Frutarom, Takasago, Sensient Flavors, Robertet SA, T. Hasegawa, Huabao Int, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Flavors & Fragrances Market, By Type
5.1. Key Points
5.2. Flavors
5.3. Fragrancer
6. Flavors & Fragrances Market, By Nature
6.1. Key Points
6.2. Natural
6.3. Synthetic
7. Flavors & Fragrances Market, By Application
7.1. Key Points
7.2. Food & Beverages
7.3. Cosmetics & Personal Care
7.4. Home Care
7.5. Fabric Care
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 Givaudan
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Firmenich
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 IFF
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Symrise
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Mane SA
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Frutarom
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 T. Hasegawa
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Takasago
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Sensient Flavors
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Robertet SA
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developme
The Flavors & Fragrances Market Has been segmented as below:
Flavors & Fragrances Market, By Type
Flavors & Fragrances Market, By Nature
Flavors & Fragrances Market, By Application
Flavors & Fragrances Market, By Region
Flavors & Fragrances Market, By Company
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