The Worldwide Market for Flavours & Fragrances (2019-2024): Projected to Reach $35.1 Billion by 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 7, 2019--The “Flavour and Fragrance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The global flavour and fragrance market was worth US$ 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
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
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
10.3.3 International Flavors & Fragrances
10.3.9 T. Hasegawa
10.3.11 Bell Flavors & Fragrances
10.3.12 Archer Daniels Midland
10.3.14 Ogawa & Co. Ltd.
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
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