Global Markets for Flavors and Fragrances

Jan 2020| CHM034F| BCC Publishing

Report Highlights

The global flavor and fragrance ingredients and finished products market should reach $1.8 trillion by 2024 from $1.4 trillion in 2019 at a compound annual growth rate (CAGR) of 4.0% for the forecast period of 2019 to 2024.

Report Includes

  • 56 data tables and 17 additional tables
  • An overview of global flavor and fragrance ingredients and finished products market
  • Analyses of global market trends, with data from 2018, estimates for 2019 and projections of compound annual growth rates (CAGRs) through 2024
  • Insights into regulatory and environmental developments
  • Information on the supply and demand scenario and evaluation of technological and investment opportunities in the flavors and fragrances market
  • Profiles of major players in the industry, including Agilex Flavors & Fragrances Inc., Comax Flavors, Groupe Bogart, MANE, Sensient Technologies Corp., Takasago International Corp. and Treatt PLC

Report Scope

The market is segmented by application: flavors (beverages, savory foods, dairy, confectionery and bakery products, oral care) and fragrance (cosmetics and toiletries, soap, detergent). It can be also divided by ingredient: essential oils (citrus oils, mint oils, vanilla extract, cassia oil, paprika oleoresin, black pepper oleoresin, nutmeg oil) and aroma chemicals (terpenes, benzenoids, musk chemicals).

This market report organizes information from diverse sources to compare natural and synthetic ingredients. It also analyzes the use of raw materials, the flavor and fragrance value chain, regulations, technologies, and patent evaluations using Porter’s Five Forces.

This report analyzes each ingredient type in terms of the current global market size. Estimated values are based on manufacturers’ total revenues. Forecasts with a compound annual growth rate (CAGR) are provided for 2019 to 2024. Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values are estimated based on manufacturers' revenue. Estimates of the regional markets for flavors and fragrances are based on the applications market. Regional sizing and forecast data are provided for North America, Western Europe, Asia, and the ROW. In addition to this data, the report provides insight into drivers of market demand and strategies of suppliers. Key players are profiled, and their market shares in the global flavors and fragrances market are discussed.

Analyst Credentials

Jason Chen has been an analyst and consultant for the polymer, composite, fiber, textile and energy industries for 15 years. He works as a researcher, writer and/or editor for the American Composites Manufacturers Association (ACMA), China Textile Academy (CTA), China Chemical Fiber Association (CCFA), International Fiber Journal, Filtration News, Platts Emission Daily, Vision Systems Design, Pesticide and Toxic Chemical News and MobileTex. Currently he is the chief scientist of a company endeavoring to reduce China's air and water pollution. He has a degree in Civil Engineering, Chemicals and Advanced Materials from Shantou University.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter Name Pages Price Member Price
Full Report: Global Markets for Flavors and Fragrances 131 $5,500 Free
Chapter- 1: Introduction7Free DownloadFree
Chapter- 2: Summary3$250Free
Chapter- 3: Overview6$254Free
Chapter- 4: Global Market for Flavors and Fragrances by Ingredient Type31$1,312Free
Chapter- 5: Technologies9$381Free
Chapter- 6: Global Market for Flavors and Fragrances by Application13$550Free
Chapter- 7: Global Market for Flavors and Fragrances by Region25$1,058Free
Chapter- 8: Environmental Regulations6$254Free
Chapter- 9: Industry Structure5$212Free
Chapter- 10: Market Strategies7$296Free
Chapter- 11: Patent Analysis2$85Free
Chapter- 12: Market Shares and Company Profiles16$677Free
Chapter- 13: Appendix: Abbreviations and Glossary1$42Free
Published - Dec-2016| Analyst - Natraj Pandal| Code - CHM034E

Report Highlights

The global market for flavors and fragrances was valued at $26.0 billion in 2015. This market is expected to increase from $27.1 billion in 2016 to $37.0 billion in 2021 at a compound annual growth rate (CAGR) of 6.4% for 2016-2021.

Report Includes

  • An overview of the global markets for flavors and fragrances.
  • Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
  • Analysis of recent technology developments.
  • Identification of demand drivers.
  • Information on the consumption of flavors and fragrances in different end-use sectors.
  • Projections of future demand including application regional segments of the market.
  • Projected demand for key flavor and fragrance ingredients such as essential oils and aroma chemicals.
  • Analysis of developments in the structure of the flavor and fragrance industry.
  • Profiles of major players in the field.
Published - Sep-2014| Analyst - Natraj Pandal| Code - CHM034D

Report Highlights

The global flavour and fragrance market totaled $23.9 billion in 2013. This market is expected to grow to $25.3 billion in 2014 and $35.5 billion in 2019, a compound annual growth rate (CAGR) of 5.8%.

Report Includes

  • An overview of the global markets for flavors and fragrances.
  • Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
  • Analysis of recent technology developments.
  • Identification of demand drivers.
  • Information on the consumption of flavors and fragrances in different end-use sectors.
  • Projections of future demand including application regional segments of the market.
  • Projected demand for key flavor and fragrance ingredients such as essential oils and aroma chemicals.
  • Analysis of developments in the structure of the flavor and fragrance industry.
  • Comprehensive company profiles of major players in the field.
Published - May-2012| Analyst - Andrew McWilliams| Code - CHM034C

Report Highlights

The worldwide flavor and fragrance market was worth an estimated $21.8 billion in 2011.  This figure is projected to exceed $23 billion in 2012 and $30 billion in 2017, a compound annual growth rate (CAGR) of 5.6% between 2012 and 2017.

Published - Dec-2006| Analyst - Yatin Thakore| Code - CHM034B

Report Highlights

  • The worldwide flavors and fragrance ingredient market is worth approximately $6.3 billion in 2006. Poised for an average annual growth rate (AAGR) of 4.5% per year, this value should grow to $7.8 billion in 2011. Flavors and fragrances have similar economic and operational characteristics, including research and development, the nature of the creative and production processes, the manner in which the products are distributed and the preferences of the customers.
  • World demand for quality essential oils and their derivatives is likely to see increasing demand in the coming years, and natural products will continue to remain an important part of the flavors and fragrances industry. The market should reach $5.0 billion by 2011, an AAGR of 5.2%.
  • End-user sectors such as cosmetics, toiletries, soaps, detergents, air freshener and fine fragrances are expected to grow at AAGRs ranging from 4.9% to 4.4% through 2011, depending on the market.

Published - Sep-2000| Analyst - George Innes| Code - CHM034A

Report Highlights

  • BCC estimates the total U.S. market for flavors and fragrances at about $4.2 billion in 1999. Expected to experience an AAGR (average annual growth rate) of nearly 5% during the 5-year forecast period, this market is expected to reach nearly $5.3 billion by 2004.
  • Food and beverages represent the largest end use, with about 40% of the total dollars, followed by cosmetics and toiletries with 30%. Soaps and detergents will show the most growth, at 5.5% a year, as given below in the summary table.
  • By product type, aroma chemicals are the largest, accounting for just over half of the dollar volume. Essential oils make up about one-quarter, with synthetic sweeteners and flavor enhancers the only other product groups.

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