The Flavors and Fragrances Market size is expected to grow at an annual average CAGR of 4% during 2022-2028. Personal care is an important application due to the growing demand for deodorants, perfumes, soaps, creams, talc powder and hair oils. Growing demand for automotive and interior air fresheners and rising popularity of aromatherapy are expected to drive the growth of the fragrance market. Even in the hospitality sector, there is a growing demand for perfumes that create a pleasant atmosphere. Perfume has been widely approved for industrial use, such as ambience fragrances for consumer durables and personal care accessories that were previously unexplored categories. In addition, the rise in disposable income has led to more local consumers, especially younger consumers, choosing quality products. In the wake of the global pandemic, greater interest in hygiene products has driven the market for new and creative perfumes used in products such as hand sanitizers, sanitizers and floor cleaners.
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The following segmentation are covered in this report:
By Application
- Food & Beverages
- Cosmetics & Personal Care
- Home Care
- Fabric Care
By Nature
- Natural
- Synthetic
By Type
- Flavors
- Fragrance
Company Profile
- Merck Group
- Firmenich SA
- International Flavors & Fragrances Inc.
- Kerry Group PLC
- Sensient Technologies Corporation
- Takasago International Corporation
- Archer Daniels Midland Company
- Solvay SA
- BASF SE
- Corbion NV
The report covers the following objectives:
- Proliferation and maturation of trade in the global Flavors and Fragrances Market
- The market share of the global Flavors and Fragrances Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Flavors and Fragrances Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Flavors and Fragrances Market
Scope of the report
The research study analyses the Flavors and Fragrances Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Flavors and Fragrances Market Report
- What was the Flavors and Fragrances Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028)
- What will be the CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Flavors and Fragrances Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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