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Flavors and Fragrances Market in Latin America 2015-2019

Flavors and Fragrances Market in Latin America 2015-2019

About flavors and fragrances

Flavors and fragrances are a class of compounds comprising esters, alcohol, acids, lactones, aldehydes, and ketones. These are derived from natural and synthetic sources, and are used to enhance the appeal of consumer products, and food and beverages. The flavors and fragrances market in Latin America consists of flavor blends, fragrance blends, essential oils, and aromatic chemicals. The formulations of flavors and fragrances involve mixing and blending of different ingredients.

Technavio's analysts forecast the flavors and fragrances market in Latin America to grow at a CAGR of 5.92% over the period 2014-2019.

Covered in this report

This report covers the present market conditions and the growth prospects of the flavors and fragrances market in Latin America for the period 2015-2019. The report talks about the various leading vendors of flavors and fragrances. It also highlights the vendor landscape and a corresponding detailed analysis of the top seven vendors in the flavors and fragrances market. The market segmentation is done on the basis of following:

  • Products
  • Ingredients
  • End-users
In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Technavio's report, Flavors and Fragrances Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.Key countries
  • Argentina
  • Brazil
  • Mexico
Key vendors
  • Firmenich
  • Givaudan
  • IFF
  • Mane
  • Symrise
  • Takasago
  • WILD
Other prominent vendors
  • Agilex Flavors & Fragrances
  • Aromatech
  • BASF
  • Bedoukian Research
  • Bell Flavors & Fragrances
  • Comax Flavors
  • Flavorchem
  • ICC Industries
  • Kao
  • Kerry Group
  • T. Hasegawa
Market driver
  • Increased preference for packaged foods and beverages
  • For a full, detailed list, view our report
Market challenge
  • Fluctuation in prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for natural flavors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Flavors and Fragrances Market in Latin America 2015-2019
Technavio recognizes the following companies as the key players in the Flavors and Fragrances Market in Latin America: Firmenich, Givaudan, IFF, Mane, Symrise, Takasago and WILD
Other Prominent Vendors in the market are: Agilex Flavors & Fragrances, Aromatech, BASF, Bedoukian Research, Bell Flavors & Fragrances, Comax Flavors, Flavorchem, ICC Industries, Kao, Kerry Group and T. Hasegawa
Commenting on the report, an analyst from Technavio’s team said: “The market is likely to grow at a moderate rate because of certain emerging trends. One such trend is the increasing demand for natural flavors. The use of high-quality and innovative flavors in the flavored beverages sector and the increasing demand for multifunctional flavors will propel market growth during the forecast period.”
According to the report, Drivers like increased investment by companies and consolidation of manufacturers will lead to market growth during the forecast period
Further, the report states that the growth of the market is curtailed by challenges like fluctuation in the price of raw materials used in the flavors and fragrances industry and high R&D costs.

Companies Mentioned

Firmenich, Givaudan, IFF, Mane, Symrise, Takasago, WILD, Agilex Flavors & Fragrances, Aromatech, BASF, Bedoukian Research, Bell Flavors & Fragrances, Comax Flavors, Flavorchem, ICC Industries, Kao, Kerry Group, T. Hasegawa

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Flavors and fragrances market in Latin America
      • Table Aroma chemicals market in Latin America
      • Table Fragrances market in Latin America by end-user
      • Table Flavors market in Latin America by end-user
    • Top vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
    • Value chain
      • Table Value chain in flavors and fragrances market
      • Table Manufacturing process of flavors and fragrances
      • Table Distribution chain of flavors and fragrances
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Flavors and fragrances market in Latin America ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by functionality
    • Flavors and fragrances market segmentation by functionality
      • Table Flavors and fragrances market in Latin America 2014 and 2019
    • Fragrances market in Latin America
      • Table Fragrances market in Latin America 2014-2019 ($ billions)
    • Flavors market in Latin America
      • Table Flavors market in Latin America 2014-2019 ($ billions)
  • Market segmentation by ingredient
    • Flavors and fragrances market segmentation by ingredient
      • Table Flavors and fragrances market in Latin America by ingredient 2014
      • Table Flavors and fragrances market in Latin America by ingredient 2014-2019
    • Formulated flavors and fragrances market in Latin America
      • Table Formulated flavors and fragrances market in Latin America 2014-2019 ($ billions)
    • Essential oils market in Latin America
      • Table Essential oils market in Latin America 2014-2019 ($ millions)
    • Aroma chemicals market in Latin America
      • Table Aroma chemicals market in Latin America 2014-2019 ($ millions)
  • Aroma chemicals market in Latin America
    • Aroma chemicals by origin
    • Market segmentation of aroma chemicals in Latin America by chemical structure
      • Table Aroma chemicals market in Latin America by chemical structure 2014
      • Table Aroma chemicals market in Latin America by chemical structure 2014-2019
    • Terpenes and terpenoids market in Latin America
      • Table Terpenes and terpenoids market in Latin America 2014-2019 ($ millions)
    • Benzenoids market in Latin America
      • Table Benzenoids market in Latin America 2014-2019 ($ millions)
    • Musk chemicals market in Latin America
      • Table Musk chemicals market in Latin America 2014-2019 ($ millions)
  • Flavors market segmentation by end-user
    • Flavors market segmentation by end-user in Latin America
      • Table Flavors market in Latin America by end-user 2014
    • Flavors market segmentation by end-user in Latin America 2014-2019
      • Table Flavors market in Latin America by end-user 2014-2019
    • Latin America flavors market in dairy
      • Table Latin America flavors market in dairy 2014-2019 ($ millions)
    • Latin America flavors market in soup
      • Table Latin America flavors market in soup 2014-2019 ($ millions)
    • Latin America flavors market in bakery products
      • Table Latin America flavors market in bakery products 2014-2019 ($ millions)
    • Latin America flavors market in confectionery
      • Table Latin America flavors market in confectionery 2014-2019 ($ millions)
    • Latin America flavors market in ice cream
      • Table Latin America flavors market in ice cream 2014-2019 ($ millions)
    • Latin America flavors market in noodles
      • Table Latin America flavors market in noodles 2014-2019 ($ millions)
  • Fragrances market segmentation by end-user
    • Fragrances market segmentation by end-user in Latin America
      • Table Fragrances market in Latin America by end-user 2014
    • Fragrances market by end-user in Latin America 2014-2019
      • Table Fragrances market in Latin America by end-user 2014-2019
    • Latin America fragrances market in soaps and detergents
      • Table Latin America fragrances market in soaps and detergents 2014-2019 ($ millions)
    • Latin America fragrances market in cosmetics and toiletries
      • Table Latin America fragrances market in cosmetics and toiletries 2014-2019 ($ millions)
    • Latin America fragrances market in fine fragrances
      • Table Latin America fragrances market in fine fragrances 2014-2019 ($ millions)
    • Latin America fragrances market in household cleaners and air fresheners
      • Table Latin America fragrances market in household cleaners and air fresheners 2014-2019 ($ millions)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Table GDP per capita of Brazil 2013-2018 ($)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Flavors and fragrances market by vendor segmentation 2014
    • Other prominent vendors
  • Key vendor analysis
    • Firmenich
    • Givaudan
      • Table Givaudan: Product segmentation by revenue 2014
      • Table Givaudan: Business segmentation by revenue 2013 and 201 ($ billions)
      • Table Givaudan: Geographical segmentation by revenue 2014
    • IFF
      • Table IFF: Business segmentation by revenue 2014
      • Table IFF: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table IFF: Geographical segmentation by revenue 2014
    • Mane
      • Table Mane: Business segmentation by revenue 2014
    • Symrise
      • Table Symrise: Business segmentation by revenue 2014
      • Table Symrise: Geographical segmentation by revenue 2014
      • Table Symrise: Geographical segmentation by revenue 2013 and 2014 ($ millions)
    • Takasago
      • Table Takasago: Business segmentation by revenue 2015
      • Table Takasago: Business segmentation by revenue 2014 and 201 88($ millions)
      • Table Takasago: Geographical segmentation by revenue 2015
    • WILD
      • Table WILD: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

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