What is the market size for the flavors and fragrances?

The Market is expected to grow by $ 14634.2 mn in 2025-2029. <a href='https://www.technavio.com/report/flavors-and-fragrances-market-industry-analysis'>Read More</a>

What is the CAGR for the flavors and fragrances?

6.6% CAGR with $ 14634.2 mn Momentum. <a href='https://www.technavio.com/report/flavors-and-fragrances-market-industry-analysis'>Read More</a>

What is the growth rate of the Flavors And Fragrances market?

6.6% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/flavors-and-fragrances-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Flavors And Fragrances market?

APAC with 47% of the market growth. <a href='https://www.technavio.com/report/flavors-and-fragrances-market-industry-analysis'>Read More</a>

Who are the prominent players in the Flavors And Fragrances market?

AARAV Flavors and Fragrances Pvt. Ltd., Alpha Aromatics Inc., Archer Daniels Midland Co., BASF SE, DSM-Firmenich AG, Ernesto Ventos SA, Givaudan SA, Huabao International Holdings .... <a href='https://www.technavio.com/report/flavors-and-fragrances-market-industry-analysis'>Read More</a>

Flavors And Fragrances Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, and UK), APAC (China, India, Japan, and South Korea), and Rest of World (ROW)

Published: Jul 2025
Pages: 225
SKU: IRTNTR44696

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Flavors And Fragrances Market 2019 - 2023
- Historic Market Size - Data Table on Global Flavors And Fragrances Market 2019 - 2023 ($ million)

5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)

5.3 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)

5.4 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)

5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on Global Flavors and Fragrances Market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Type

8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)

8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

8.3 Fragrances - Market size and forecast 2024-2029
- Chart on Fragrances - Market size and forecast 2024-2029 ($ million)
- Data Table on Fragrances - Market size and forecast 2024-2029 ($ million)
- Chart on Fragrances - Year-over-year growth 2024-2029 (%)
- Data Table on Fragrances - Year-over-year growth 2024-2029 (%)

8.4 Flavors - Market size and forecast 2024-2029
- Chart on Flavors - Market size and forecast 2024-2029 ($ million)
- Data Table on Flavors - Market size and forecast 2024-2029 ($ million)
- Chart on Flavors - Year-over-year growth 2024-2029 (%)
- Data Table on Flavors - Year-over-year growth 2024-2029 (%)

8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

9 Market Segmentation by Product

9.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)

9.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product

9.3 Formulated flavors and fragrances - Market size and forecast 2024-2029
- Chart on Formulated flavors and fragrances - Market size and forecast 2024-2029 ($ million)
- Data Table on Formulated flavors and fragrances - Market size and forecast 2024-2029 ($ million)
- Chart on Formulated flavors and fragrances - Year-over-year growth 2024-2029 (%)
- Data Table on Formulated flavors and fragrances - Year-over-year growth 2024-2029 (%)

9.4 Aroma chemicals - Market size and forecast 2024-2029
- Chart on Aroma chemicals - Market size and forecast 2024-2029 ($ million)
- Data Table on Aroma chemicals - Market size and forecast 2024-2029 ($ million)
- Chart on Aroma chemicals - Year-over-year growth 2024-2029 (%)
- Data Table on Aroma chemicals - Year-over-year growth 2024-2029 (%)

9.5 Essential oils - Market size and forecast 2024-2029
- Chart on Essential oils - Market size and forecast 2024-2029 ($ million)
- Data Table on Essential oils - Market size and forecast 2024-2029 ($ million)
- Chart on Essential oils - Year-over-year growth 2024-2029 (%)
- Data Table on Essential oils - Year-over-year growth 2024-2029 (%)

9.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

10 Market Segmentation by Application

10.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)

10.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

10.3 Food and beverages - Market size and forecast 2024-2029
- Chart on Food and beverages - Market size and forecast 2024-2029 ($ million)
- Data Table on Food and beverages - Market size and forecast 2024-2029 ($ million)
- Chart on Food and beverages - Year-over-year growth 2024-2029 (%)
- Data Table on Food and beverages - Year-over-year growth 2024-2029 (%)

10.4 Cosmetics and personal care - Market size and forecast 2024-2029
- Chart on Cosmetics and personal care - Market size and forecast 2024-2029 ($ million)
- Data Table on Cosmetics and personal care - Market size and forecast 2024-2029 ($ million)
- Chart on Cosmetics and personal care - Year-over-year growth 2024-2029 (%)
- Data Table on Cosmetics and personal care - Year-over-year growth 2024-2029 (%)

10.5 Household and home care - Market size and forecast 2024-2029
- Chart on Household and home care - Market size and forecast 2024-2029 ($ million)
- Data Table on Household and home care - Market size and forecast 2024-2029 ($ million)
- Chart on Household and home care - Year-over-year growth 2024-2029 (%)
- Data Table on Household and home care - Year-over-year growth 2024-2029 (%)

10.6 Pharmaceuticals - Market size and forecast 2024-2029
- Chart on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
- Data Table on Pharmaceuticals - Market size and forecast 2024-2029 ($ million)
- Chart on Pharmaceuticals - Year-over-year growth 2024-2029 (%)
- Data Table on Pharmaceuticals - Year-over-year growth 2024-2029 (%)

10.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

10.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

12.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

12.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

12.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

12.11 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

12.12 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

12.13 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)

12.14 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

12.15 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)

12.16 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

12.17 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

12.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers

13.2 Market challenges

13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview

14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

14.3 Landscape disruption
- Overview on factors of disruption

14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered

15.2 Company ranking index
- Company ranking index

15.3 Market positioning of companies
- Matrix on companies position and classification

15.4 Archer Daniels Midland Co.
- Archer Daniels Midland Co. - Overview
- Archer Daniels Midland Co. - Business segments
- Archer Daniels Midland Co. - Key news
- Archer Daniels Midland Co. - Key offerings
- Archer Daniels Midland Co. - Segment focus
- SWOT

15.5 DSM-Firmenich AG
- DSM-Firmenich AG - Overview
- DSM-Firmenich AG - Product / Service
- DSM-Firmenich AG - Key offerings
- SWOT

15.6 Givaudan SA
- Givaudan SA - Overview
- Givaudan SA - Business segments
- Givaudan SA - Key news
- Givaudan SA - Key offerings
- Givaudan SA - Segment focus
- SWOT

15.7 Huabao International Holdings Ltd.
- Huabao International Holdings Ltd. - Overview
- Huabao International Holdings Ltd. - Business segments
- Huabao International Holdings Ltd. - Key offerings
- Huabao International Holdings Ltd. - Segment focus
- SWOT

15.8 International Flavors and Fragrances Inc.
- International Flavors and Fragrances Inc. - Overview
- International Flavors and Fragrances Inc. - Business segments
- International Flavors and Fragrances Inc. - Key news
- International Flavors and Fragrances Inc. - Key offerings
- International Flavors and Fragrances Inc. - Segment focus
- SWOT

15.9 Kerry Group Plc
- Kerry Group Plc - Overview
- Kerry Group Plc - Business segments
- Kerry Group Plc - Key offerings
- Kerry Group Plc - Segment focus
- SWOT

15.10 McCormick and Co. Inc.
- McCormick and Co. Inc. - Overview
- McCormick and Co. Inc. - Business segments
- McCormick and Co. Inc. - Key news
- McCormick and Co. Inc. - Key offerings
- McCormick and Co. Inc. - Segment focus
- SWOT

15.11 Ogawa and Co. Ltd.
- Ogawa and Co. Ltd. - Overview
- Ogawa and Co. Ltd. - Product / Service
- Ogawa and Co. Ltd. - Key offerings
- SWOT

15.12 Robertet SA
- Robertet SA - Overview
- Robertet SA - Business segments
- Robertet SA - Key offerings
- Robertet SA - Segment focus
- SWOT

15.13 Sensient Technologies Corp.
- Sensient Technologies Corp. - Overview
- Sensient Technologies Corp. - Business segments
- Sensient Technologies Corp. - Key news
- Sensient Technologies Corp. - Key offerings
- Sensient Technologies Corp. - Segment focus
- SWOT

15.14 Solvay SA
- Solvay SA - Overview
- Solvay SA - Business segments
- Solvay SA - Key news
- Solvay SA - Key offerings
- Solvay SA - Segment focus
- SWOT

15.15 Symrise Group
- Symrise Group - Overview
- Symrise Group - Business segments
- Symrise Group - Key news
- Symrise Group - Key offerings
- Symrise Group - Segment focus
- SWOT

15.16 T. Hasegawa Co. Ltd.
- T. Hasegawa Co. Ltd. - Overview
- T. Hasegawa Co. Ltd. - Business segments
- T. Hasegawa Co. Ltd. - Key offerings
- T. Hasegawa Co. Ltd. - Segment focus
- SWOT

15.17 Takasago International Corp.
- Takasago International Corp. - Overview
- Takasago International Corp. - Business segments
- Takasago International Corp. - Key news
- Takasago International Corp. - Key offerings
- Takasago International Corp. - Segment focus
- SWOT

15.18 V. Mane Fils
- V. Mane Fils - Overview
- V. Mane Fils - Product / Service
- V. Mane Fils - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report

16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

16.3 Currency conversion rates for US$
- Currency conversion rates for US$

16.4 Research methodology
- Research methodology

16.5 Data procurement
- Information sources

16.6 Data validation
- Data validation

16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

16.8 Data synthesis
- Data synthesis

16.9 360 degree market analysis
- 360 degree market analysis

16.10 List of abbreviations
- 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.

INFORMATION SOURCES