Latest research report on “Flavor and Fragrance Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Flavor and fragrance are defined as substances that give another substance pleasant odor, altering the characteristics of the solute, causing it to become sweet, sour, tangy, etc.
Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. Fragrances are mainly used in fine fragrances and consumer products including body care, home care and oral care.
This report contains market size and forecasts of Flavor and Fragrance in global, including the following market information:
Global Flavor and Fragrance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Flavor and Fragrance Market Sales, 2017-2022, 2023-2028, (MT)
Global top five Flavor and Fragrance companies in 2021 (%)
The global Flavor and Fragrance market was valued at 29670 million in 2021 and is projected to reach US$ 36180 million by 2028, at a CAGR of 2.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Flavor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flavor and Fragrance include Givaudan, Firmenich, IFF, Symrise, Takasago, WILD Flavors, Mane, International Flavors&Fragrances and Sensient, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flavor and Fragrance manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flavor and Fragrance Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Flavor and Fragrance Market Segment Percentages, by Type, 2021 (%)
– Flavor
– Fragrance
Global Flavor and Fragrance Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Flavor and Fragrance Market Segment Percentages, by Application, 2021 (%)
– Food and Beverages
– Daily Chemicals
– Tobacco Industry
Global Flavor and Fragrance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)
Global Flavor and Fragrance Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flavor and Fragrance revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Flavor and Fragrance revenues share in global market, 2021 (%)
Key companies Flavor and Fragrance sales in global market, 2017-2022 (Estimated), (MT)
Key companies Flavor and Fragrance sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– 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
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