Market Overview

The Global Market for Flavor & Fragrances: Growth, Dynamics and Forecasts to 2023 -


The "Global
Flavor and Fragrances market - Growth, Trends, and Forecast (2018 -
report has been added to's

The global flavor & fragrance market is expected to grow by 2023, at an
estimated CAGR of 4.9%, during the forecast period.

The flavor and fragrance Market is expected to grow significantly in the
near future. Some of the key factors such as growing demand for natural
flavor and fragrance, consumer shift to high quality as well as high
value products across the globe.

The growing popularity of nutritionally supplemented functional foods,
low-sodium foods, and low-sugar beverages, etc. is driving the demand
for flavor and fragrance to improve the taste of these food and

Stringent regulations for flavor & fragrance by different government
entities is expected to restrict the growth of the market during the
forecast period. On the other hand, Rapid industrialization will
generate enormous market opportunities for manufacturers.

By application, beverages segment is projected to be the largest
application segment of the flavor market. It is growing due to the
rising demand for soft drinks, energy drinks, and other RTD beverages.

In the fragrance application segment, consumer products is projected to
be the largest segment.

By source, the natural segment is expected to grow at the higher CAGR
owing to the rising demand for naturally sourced flavor and fragrance.

Key Topics Covered

1. Introduction

2. Market Insights

3. Market Dynamics

4. Market Segmentation

5. Regional Market Analysis

6. Competitive Landscape

7. Company Profiles

  • Archer Daniels Midland
  • Bell Flavor & Fragrance
  • Firmenich
  • Frutarom
  • Givaudan
  • Huabao Intl.
  • IFF
  • Kerry
  • Mane SA
  • Ogawa & Co. Ltd.
  • Robertet SA
  • Sensient Flavor
  • Symrise
  • T. Hasegawa
  • Takasago

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