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The Worldwide Market for Flavours & Fragrances (2019-2024): Projected to Reach $35.1 Billion by 2024 - ResearchAndMarkets.com

May 7, 2019

DUBLIN--(BUSINESS WIRE)--May 7, 2019--The “Flavour and Fragrance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global flavour and fragrance market was worth US$ 27.9 billion in 2018. Looking forward, the market is projected to grow at a CAGR of around 4% during 2019-2024, reaching a value of US$ 35.1 billion by 2024.

A key driver of the global flavours and fragrances market is the strong growth in the food and beverage industry. Catalysed by a rising global population and increasing urbanization rates, the demand of processed foods and beverages has been witnessing a continuous growth creating a positive impact on the growth of the market.

Moreover, driven by rising incomes, changing lifestyle and increasing consciousness towards physical appearance, the market for personal care products has also been witnessing a strong growth creating a strong demand for flavours and fragrances.

Other major factors driving the market include emerging markets, rising demand for organic and natural products, growing young population, etc.

Key Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Flavors Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Region

5.4 Market Breakup by Product Type

5.5 Market Breakup by Form

5.6 Market Breakup by Application

5.7 Market Forecast

6 Global Fragrances Market

6.1 Market Overview

6.2 Market Performance

6.3 Market Breakup by Region

6.4 Market Breakup by Product Type

6.5 Market Breakup by Ingredients

6.6 Market Forecast

7 SWOT Analysis

8 Value Chain Analysis

9 Porters Five Forces Analysis

10 Competitive Landscape

10.1 Market Structure

10.2 Key Players

10.3 Profiles of Key Players

10.3.1 Givaudan

10.3.2 Firmenich

10.3.3 International Flavors & Fragrances

10.3.4 Symrise

10.3.5 Takasago

10.3.6 Sensient

10.3.7 Mane

10.3.8 Robertet

10.3.9 T. Hasegawa

10.3.10 Frutarom

10.3.11 Bell Flavors & Fragrances

10.3.12 Archer Daniels Midland

10.3.13 Kerry

10.3.14 Ogawa & Co. Ltd.

10.3.15 Huabao

For more information about this report visit https://www.researchandmarkets.com/r/ky4bp5

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005922/en/

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Related Topics:Fragrance, Flavor and Aroma Chemicals,Food Additives

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/07/2019 01:27 PM/DISC: 05/07/2019 01:27 PM

http://www.businesswire.com/news/home/20190507005922/en