Flavors and Fragrances Market by Functionality, Ingredients, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44696
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The flavors and fragrances market has the potential to grow by USD 9.33 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.36%.

This flavors and fragrances market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by functionality (fragrances and flavors), ingredients (formulated flavors and fragrances, aroma chemicals, and essential oils), and geography (APAC, North America, Europe, South America, and MEA). The flavors and fragrances market report also offers information on several market vendors, including DuPont de Nemours Inc., Firmenich SA, Givaudan SA, Kerry Group Plc, McCormick and Company Inc., Sensient Technologies Corp., Solvay SA, Symrise AG, Takasago International Corp., and The MANE Group among others.

What will the Flavors and Fragrances Market Size be in 2021?

Flavors-And-Fragrances-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Flavors and Fragrances Market

 Get Your FREE Sample Now!

Flavors and Fragrances Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing number of new product launches is notably driving the flavors and fragrances market growth, although factors such as the threat of counterfeit products may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the flavors and fragrances industry get your FREE report sample now.

This flavors and fragrances market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Flavors and Fragrances Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • DuPont de Nemours Inc.
  • Firmenich SA
  • Givaudan SA
  • Kerry Group Plc
  • McCormick and Company Inc.
  • Sensient Technologies Corp.
  • Solvay SA
  • Symrise AG
  • Takasago International Corp.
  • The MANE Group

 

The flavors and fragrances market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the flavors and fragrances market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Flavors and Fragrances Market?

Flavors-And-Fragrances-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for flavors and fragrances in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

Factors such as the presence of a huge consumer base, rising working women population, growing demand for international cuisines, and penetration of key vendors will facilitate the flavors and fragrances market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Functionality Segments in the Flavors and Fragrances Market?

Flavors-And-Fragrances-Market-Market-Share-by-Functionality-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

The flavors and fragrances market share growth by the fragrances segment will be significant during the forecast period. The fragrances segment is expected to grow during the forecast period, owing to the rising demand from end-users such as manufacturers of fine fragrances, cosmetics and toiletries, soaps and detergents, household cleaners, and air fresheners. The strong presence of key vendors is likely to drive the demand for fragrances during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the flavors and fragrances market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Flavors and Fragrances Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive flavors and fragrances market growth during the next five years
  • Precise estimation of the flavors and fragrances market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the flavors and fragrances industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of flavors and fragrances market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Flavors And Fragrances Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 9.33 billion

Market structure

Fragmented

YoY growth (%)

5.08

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

US, China, UK, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

DuPont de Nemours Inc., Firmenich SA, Givaudan SA, Kerry Group Plc, McCormick and Company Inc., Sensient Technologies Corp., Solvay SA, Symrise AG, Takasago International Corp., and The MANE Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Functionality

    • Market segments
    • Comparison by Functionality
    • Fragrances - Market size and forecast 2020-2025
    • Flavors - Market size and forecast 2020-2025
    • Market opportunity by Functionality

    Market Segmentation by Ingredients

    • Market segments
    • Comparison by Ingredients
    • Formulated flavors and fragrances - Market size and forecast 2020-2025
    • Aroma chemicals - Market size and forecast 2020-2025
    • Essential oils - Market size and forecast 2020-2025
    • Market opportunity by Ingredients

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • DuPont de Nemours Inc.
      • Firmenich SA
      • Givaudan SA
      • Kerry Group Plc
      • McCormick and Company Inc.
      • Sensient Technologies Corp.
      • Solvay SA
      • Symrise AG
      • Takasago International Corp.
      • The MANE Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The flavors and fragrances market market growth will increase by $10983.91 million during 2019-2024.
      The flavors and fragrances market market is expected to grow at a CAGR of 5.68% during 2019-2024.
      Technavio has segmented the flavors and fragrances market market by other1 (Fragrances and Flavors) ,other2 (Formulated flavors and fragrances, Aroma chemicals, and Essential oils) , and geographic (APAC, North America, Europe, South America, and MEA).
      DuPont de Nemours Inc., Firmenich SA, Givaudan SA, Kerry Group Plc, McCormick & Company Inc., Sensient Technologies Corp., Solvay SA, Symrise AG, Takasago International Corp., The MANE Group are a few of the key vendors in the flavors and fragrances market market.
      APAC will register the highest growth rate of 40.86% among the other regions. Therefore, the flavors and fragrances market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the flavors and fragrances market market growth are:
      • Product launches
      The flavors and fragrances market market vendors should focus on grabbing business opportunities from the fragrances segment as it accounted for the largest market share in the base year.
      Safe and Secure SSL Encrypted
      Technavio

      Single User:

      2500 USD

      Technavio Get the report (PDF) sent to your email within minutes.

      Subscribe & Save

      Get lifetime access to our
      Technavio Insights

      Want to customize this report?

      This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

      We offer $1000 worth of FREE customization at the time of purchase
      Technavio
      Enquire Before Buying
      1. Home
      2. Materials
      3. Published Report
      17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>