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Flavors & Fragrances Market by Ingredients (Natural, Synthetic), End use (Beverage, Savory & Snacks, Bakery, Dairy Products, Confectionery, Consumer Products, Fine Fragrances), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2022

Flavors & Fragrances Market by Ingredients (Natural, Synthetic), End use (Beverage, Savory & Snacks, Bakery, Dairy Products, Confectionery, Consumer Products, Fine Fragrances), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2022

The flavors & fragrances market is projected to grow at a CAGR of 2.67% during the forecast period
The flavors & fragrances market is expected to grow from an estimated USD 21.15 billion in 2017 to USD 24.13 billion by 2022, at a CAGR of 2.67% between 2017 and 2022. The growth of the flavors & fragrances market can be attributed to growing population, rapid urbanization, and increase in per capita spending on consumer products in high-growth economies, such as China, India, South Korea, and Indonesia. In addition, increase in awareness among the population concerning health and wellness is expected to drive the demand for flavors & fragrances between 2017 and 2022. However, factors such as compliance with quality & regulatory standards is expected to restrain demand during the forecast period.

Consumer product segment is expected to be the largest end-use segment of the fragrances market
Fragrances are used in consumer products, such as home care products, personal hygiene, and beauty products. Consumer products is projected to be the largest end-use segment of the flavors & fragrances market between 2017 and 2022. Growing awareness among the population related to hygiene and cleanliness is expected to drive the demand for consumer products, which in turn is expected to drive the demand for fragrances.

The Middle East & Africa is projected to be the fastest-growing flavors & fragrances market during the forecast period
The flavors & fragrances market in the Middle East & Africa is projected to grow at the highest CAGR between 2017 and 2022. Economic growth in countries, such as Saudi Arabia, Iran, and Turkey, escalating population and increase in disposable incomes are making Middle East & Africa an attractive market for flavors & fragrances manufacturers.

Breakdown of profiles of primary interviews for the report:
• By Company Type – Tier 1 – 55%, Tier 2 – 27%, and Tier 3 – 18%
• By Designation – C Level – 46%, Director Level – 27%, and Others – 27%
• By Region – North America – 28%, Europe – 18%, APAC – 27%, Middle East & Africa – 9%, and South America – 18%
Some of the key companies profiled in this report are Givaudan (Switzerland), International Flavors & Fragrances (US), Firmenich (Switzerland), MANE (France), Symrise (Germany), Sensient (US.),Takasago (Japan), Frutarom (Israel), Robertet (France), and T.HASEGAWA (Japan).

Research Coverage
The flavors & fragrances market has been segmented on the basis of ingredients, end use, and region. On the basis of ingredients, the market has been segmented into natural and synthetic. Based on end use, the market has been segmented into beverage, savory & snacks, bakery, dairy products, confectionery, consumer products, and fine fragrances. The market has also been studied for Asia Pacific, Europe, North America, the Middle East & Africa, and South America.

Key Benefits of Buying the Report
This report covers the following studies:
• Market segmentation based on ingredients, end use, and region
• Market dynamics, including drivers, restraints, and opportunities
• Porter’s Five Forces analysis with respect to the flavors & fragrances market
• Profile of key players in the flavors & fragrances market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SIGNIFICANT OPPORTUNITIES IN THE FLAVORS & FRAGRANCES MARKET (2017–2022)
    • FLAVORS & FRAGRANCES MARKET, BY REGION
    • APAC FRAGRANCES MARKET, BY KEY COUNTRY AND END USE, 2016
    • FLAVORS & FRAGRANCES MARKET ATTRACTIVENESS, 2017–2022
    • FLAVORS MARKET, BY END USE AND REGION, 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
        • Table FLAVORS AND FRAGRANCES: REGULATIONS SET BY DIFFERENT COUNTRIES
      • OPPORTUNITIES
  • FLAVORS & FRAGRANCES MARKET, BY INGREDIENT
    • INTRODUCTION
      • Table FLAVORS & FRAGRANCES MARKET SIZE, BY INGREDIENT, 2015–2022 (USD MILLION)
      • SYNTHETIC INGREDIENTS
        • Table SYNTHETIC INGREDIENT MARKET SIZE, 2015–2022 (USD MILLION)
      • NATURAL INGREDIENTS
        • Table NATURAL INGREDIENT MARKET SIZE, 2015–2022 (USD MILLION)
  • FLAVORS & FRAGRANCES MARKET, BY END USE
    • INTRODUCTION
      • FLAVORS
        • Table FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • BEVERAGES
        • Table FLAVORS MARKET SIZE FOR BEVERAGES, BY REGION, 2015–2022 (USD MILLION)
      • SAVORY & SNACKS
        • Table FLAVORS MARKET SIZE FOR SAVORY & SNACKS, BY REGION, 2015–2022 (USD MILLION)
      • DAIRY PRODUCTS
        • Table FLAVORS MARKET SIZE FOR DAIRY PRODUCTS, BY REGION, 2015–2022 (USD MILLION)
      • BAKERY
        • Table FLAVORS MARKET SIZE FOR BAKERY, BY REGION, 2015–2022 (USD MILLION)
      • CONFECTIONERY
        • Table FLAVORS MARKET SIZE FOR CONFECTIONERY, BY REGION, 2015–2022 (USD MILLION)
      • OTHERS
        • Table FLAVORS MARKET SIZE FOR OTHER END USES, BY REGION, 2015–2022 (USD MILLION)
      • FRAGRANCES
      • CONSUMER PRODUCTS
        • Table FRAGRANCES MARKET SIZE FOR CONSUMER PRODUCTS, BY REGION, 2015–2022 (USD MILLION)
      • FINE FRAGRANCES
        • Table FRAGRANCES MARKET SIZE FOR FINE FRAGRANCES, BY REGION, 2015–2022 (USD MILLION)
  • FLAVORS & FRAGRANCES MARKET, BY REGION
    • INTRODUCTION
      • Table FLAVORS & FRAGRANCES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • APAC TO DRIVE THE FLAVORS MARKET
        • Table FLAVORS MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • APAC TO DRIVE THE FRAGRANCES MARKET
        • Table FRAGRANCES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • APAC
      • INTRODUCTION
        • Table APAC: FLAVORS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table APAC: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table APAC: FRAGRANCES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table APAC: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • CHINA
        • Table CHINA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table CHINA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table JAPAN: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • INDIA
        • Table INDIA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table INDIA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table SOUTH KOREA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table INDONESIA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • THAILAND
        • Table THAILAND: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table THAILAND: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table AUSTRALIA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table REST OF APAC: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
    • EUROPE
      • INTRODUCTION
        • Table EUROPE: FLAVORS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table EUROPE: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table EUROPE: FRAGRANCES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table EUROPE: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table GERMANY: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table FRANCE: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • UK
        • Table UK: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table UK: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • ITALY
        • Table ITALY: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table ITALY: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • SPAIN
        • Table SPAIN: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table SPAIN: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table RUSSIA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table REST OF EUROPE: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
    • NORTH AMERICA
      • INTRODUCTION
        • Table NORTH AMERICA: FLAVORS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table NORTH AMERICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table NORTH AMERICA: FRAGRANCES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table NORTH AMERICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • US
        • Table US: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table US: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • CANADA
        • Table CANADA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table CANADA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table MEXICO: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
    • SOUTH AMERICA
      • INTRODUCTION
        • Table SOUTH AMERICA: FLAVORS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table SOUTH AMERICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table SOUTH AMERICA: FRAGRANCES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table SOUTH AMERICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table BRAZIL: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table ARGENTINA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table REST OF SOUTH AMERICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • INTRODUCTION
        • Table MIDDLE EAST & AFRICA: FLAVORS MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: FRAGRANCES MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table SAUDI ARABIA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • IRAN
        • Table IRAN: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table IRAN: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • TURKEY
        • Table TURKEY: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table TURKEY: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table SOUTH AFRICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: FLAVORS MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
        • Table REST OF THE MIDDLE EAST & AFRICA: FRAGRANCES MARKET SIZE, BY END USE, 2015–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS OF KEY PLAYERS
      • GIVAUDAN
      • FIRMENICH
      • IFF
      • SYMRISE
    • COMPETITIVE SCENARIO
      • EXPANSIONS
        • Table EXPANSIONS, 2015–2017
      • ACQUISITIONS
        • Table ACQUISITIONS, 2015–2017
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015–2017
  • COMPANY PROFILES
    • GIVAUDAN
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FIRMENICH
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • INTERNATIONAL FLAVORS & FRAGRANCES
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SYMRISE
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • TAKASAGO
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SENSIENT
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • MANE
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • ROBERTET
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • T.HASEGAWA
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • FRUTAROM
      • BUSINESS OVERVIEW
      • RECENT DEVELOPMENTS
    • OTHER PLAYERS
      • BELL FLAVORS & FRAGRANCES
      • ARCHER DANIELS MIDLAND
      • KERRY
      • OGAWA & CO., LTD.
      • HUABAO
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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