Rising consciousness of people regarding the healthy choices focus on the intake of a plant-based diet, and natural ingredients are the key growth promoting factors of the global flavors and fragrances market. IndustryARC’s freshly compiled business intelligence report presents that the global flavors & fragrances market size stood at $28.2 billion in 2018, and projects it to grow at a Compound Annual Growth Rate (CAGR) of 4.90% over the forecast period 2019-2025.
The report is titled: “Flavors & Fragrances Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast (2019 – 2025).” It provides an in-depth analysis of flavors & fragrances market overview, flavors & fragrances market trends, flavors & fragrances market growth, and flavors & fragrances market forecast.
Flavors & Fragrances Market: Leading Segments
The essence of taste is playing a crucial role in flavor preferences in the food and beverage industry. Flavor companies add more value to the food and beverages products. As they are helpful for food and beverages companies to deliver matching products with ever-changing consumer preferences. Analyst of the report has acknowledged that flavors are the fastest growing application with a CAGR of 5.10% during the above-mentioned forecast period. Beverages and dairy industries are recognized as the most dominating end-user markets for flavors.
Asia-Pacific is the leading region with a share of 38.23% in the global flavors & fragrances market for the year 2018. It is owing to the increasing presence of flavors and fragrances in South East Asia through the establishment of new offices in Thailand and Indonesia. These plant expansions result in growth in warehousing, sales and delivery capabilities as well. Fragrances and Flavours Association of India (FAFAI) is a promising body that deals with the educational programs allied with the flavors and fragrances products. Which is driving the demand for new food and beverage products in the APAC region and also reshaping the growth of APAC flavors and fragrances market. The growing number of acquisitions and newly launched facilities across APAC region has influenced its regional share in the global flavors & fragrances market in 2018.
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Flavors & Fragrances Market: Disruptive Trends
Flavors & Fragrances Market: Competitive Landscape
Some of the major flavors & fragrances market share players are listed as Bedoukian Research, Inc., Firmenich SA, Givaudan SA, Aromatech SAS, Frutarom, International Flavors & Fragrances Inc., Robertet SA, Mane, Sensient, T.Hasegawa, Symrise AG, and Takasago in the global flavors & fragrances market report.
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Related Reports:
A. Flavours & Fragrances Ingredients Market
https://industryarc.com/Report/18866/flavours-and-fragrances-ingredients-market
B. Natural Flavors Market
https://industryarc.com/Report/15049/natural-flavors-market.html
What can you expect from the report?The Flavors & Fragrances Market is Prepared with the Main Agenda to Cover the following 20 points:1. Flavors & Fragrances Market Size by Product Categories & Application 2. Flavors & Fragrances Market trends & Relevant Market Data3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End-user Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis11. Flavors & Fragrances Market Demand Analysis (Revenue & Volume)12. Country-level Analysis13. Competitor Analysis14. Flavors & Fragrances Market Shares Analysis15. Value Chain Analysis16. Supply Chain Analysis17. Flavors & Fragrances Market Strategic Analysis18. Flavors & Fragrances Market Current & Future Market Landscape Analysis19. Opportunity Analysis20. Flavors & Fragrances Market Revenue and Volume Analysis
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