Description

Flavors and fragrances are integral components of a wide range of consumer goods. They are an essential class of compound, universally employed as additives in various technological fields such as textiles, cosmetics, food, and others to ameliorate the gustatory and olfactory sensations of the product. A study by StrategyHelix indicates that the global flavors and fragrances market is expected to increase by US$ 11.9 billion from 2022 to 2028, garnering a CAGR of 5.5% during the forecast period.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for flavors and fragrances. The global flavors and fragrances market is segmented on the basis of product, ingredient type, application, and region. Based on product, the global flavors and fragrances market is categorized into flavors, fragrances. The fragrances segment held the largest share of the global flavors and fragrances market in 2021 and is anticipated to hold its share during the forecast period. On the basis of ingredient type, the global flavors and fragrances market has been segmented into aroma chemicals, essential oils. Globally, the essential oils segment made up the largest share of the flavors and fragrances market. By application, the global flavors and fragrances market has been segmented into backery and confectionery, beverages, cosmetics and toiletries, dairy product, detergents, savory foods, others. The beverages segment was the largest contributor to the global flavors and fragrances market in 2021. In terms of geography, the global flavors and fragrances market has been segmented into Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific is estimated to account for the largest share of the global flavors and fragrances market.

The aroma chemicals market is further segmented into benzenoids, miscellaneous, musk chemicals, and terpenes. In 2021, the terpenes segment made up the largest share of revenue generated by the flavors and fragrances market. Furthermore, the essential oils market has been categorized into black pepper oleoresin, cassia oil, citrus oils, mint oils, nutmeg oil, paprika oleoresin, vanilla extract, and others. Among these, the citrus oils segment was accounted for the highest revenue generator in 2021.

The global flavors and fragrances market is highly competitive. Some of the leading companies operating in the market are Apple Flavor and Fragrance Group Co. Ltd., Archer Daniels Midland Company (ADM), Firmenich International S.A., Givaudan S.A., Huabao Flavours & Fragrances Co. Ltd., International Flavors & Fragrances Inc., Kerry Group plc, MANE S.A., Robertet SA, S H Kelkar and Company Limited, Sensient Technologies Corporation, Symrise AG, T. Hasegawa Co.Ltd., Takasago International Corp.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the flavors and fragrances market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Product: flavors, fragrances
Ingredient type: aroma chemicals, essential oils
Application: backery and confectionery, beverages, cosmetics and toiletries, dairy product, detergents, savory foods, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028

Key Benefits for Stakeholders

– Get a comprehensive picture of the global flavors and fragrances market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Flavors and fragrances market overview
Part 3. Market breakdown by product
– Flavors
– Fragrances
Part 4. Market breakdown by ingredient type
– Aroma chemicals
– Essential oils
Part 5. Market breakdown by application
– Backery and confectionery
– Beverages
– Cosmetics and toiletries
– Dairy product
– Detergents
– Savory foods
– Others
Part 6. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 7. Key companies
– Apple Flavor and Fragrance Group Co., Ltd.
– Archer Daniels Midland Company (ADM)
– Firmenich International S.A.
– Givaudan S.A.
– Huabao Flavours & Fragrances Co., Ltd.
– International Flavors & Fragrances Inc.
– Kerry Group plc
– MANE S.A.
– Robertet SA
– S H Kelkar and Company Limited
– Sensient Technologies Corporation
– Symrise AG
– T. Hasegawa Co.,Ltd.
– Takasago International Corp.
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