March 29, 2024

Flavors and Fragrances Market Size to Grow US$ 44.18 Billion By 2030

The global flavors and fragrances market size was valued at US$ 31.27  billion in 2021 and is anticipated to grow US$ 44.18  billion by 2030, registering a compound annual growth rate of 3.91% from 2022 to 2030.

Flavors and Fragrances Market Size 2022 To  2030

The flavors and fragrances market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the flavors and fragrances market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the flavors and fragrances report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the flavors and fragrances market have been studied and analysed across many developments.

Flavors and Fragrances Market Report Scope

Report Coverage Details
Market Size in 2022 USD 32.49 Billion
Market Size by 2030 USD 44.18 Billion
Growth Rate from 2022 to 2030 CAGR of 3.91%
Largest Market Asia Pacific
Fastest Growing Market Europe
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered
  • By Ingredients
  • By End-Use
  • By Application

Also read: Flow Cytometry Market Size to Grow US$ 17.3 Billion By 2030

Research Approach

The comprehensive report on the global flavors and fragrances market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global flavors and fragrances market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • ADM (US)
  • Agilex Fragrances (US)
  • Akay Flavors & Aromatics Pvt. Ltd.
  • Alpha Aromatics (Us)
  • BASF SE (Germany)
  • Bell Flavors & Fragrances (US)
  • Biolandes (France)
  • Comax MFG Corp (US)
  • doTERRA International
  • Elevance Renewable Sciences, Inc.
  • Falcon Essential Oils
  • Firmenich SA (Switzerland)
  • Flavex Naturextrakte GmbH
  • Givaudan (Switzerland)
  • Indo World
  • International Flavors & Fragrances Inc, (US)
  • Mane (France)
  • Manohar Botanical Extracts Pvt. Ltd.
  • Ozone Naturals
  • Robertet SA (France)
  • Sensient Technologies Corporation (US)
  • Symrise AG
  • Synthite Industries Limited
  • T.Hasegawa USA Inc. (Japan)
  • Takasago International Corporation (Japan)
  • Ungerer & Company (US)
  • Universal Oleoresins
  • Vigon International, Inc.
  • Young Living Essential Oils (US)

Flavors and Fragrances Market Segmentations

By Ingredients

  • Natural
    • Essential Oils
      • Orange Essential Oils
      • Corn mint Essential Oils
      • Eucalyptus Essential Oils
      • Pepper Mint Essential Oils
      • Lemon Essential Oils
      • Citronella Essential Oils
      • Patchouli Essential Oils
      • Clove Essential Oils
      • Ylang Ylang/Cananga Essential Oils
      • Lavender Essential Oils
    • Oleoresins
      • Paprika Oleoresins
      • Black Pepper Oleoresins
      • Turmeric Oleoresins
      • Ginger Oleoresins
    • Others
  • Aroma Chemical
    • Esters
    • Alcohol
    • Aldehydes
    • Phenol
    • Terpenes
    • Others

By End-Use

  • Flavors
    • Beverages
    • Baby Drink
    • Savory & Snacks
    • Dairy Products
    • Bakery
    • Confectionary
    • Others
  • Fragrances
    • Fine Fragrances
    • Soaps & Detergents
    • Cosmetics & Toiletries
    • Aromatherapy
    • Others

By Application

  • Food & Beverages
  • Homecare
  • Pharmaceuticals & Healthcare
  • Beauty & Personal Care
  • Fabric Care
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Flavors and Fragrances Market 

5.1. COVID-19 Landscape: Flavors and Fragrances Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Flavors and Fragrances Market, By Ingredients

8.1. Flavors and Fragrances Market, by Ingredients, 2022-2030

8.1.1 Natural

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Aroma Chemical

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Flavors and Fragrances Market, By End-Use

9.1. Flavors and Fragrances Market, by End-Use, 2022-2030

9.1.1. Flavors

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Fragrances

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Flavors and Fragrances Market, By Application 

10.1. Flavors and Fragrances Market, by Application, 2022-2030

10.1.1. Food & Beverages

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Homecare

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Pharmaceuticals & Healthcare

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Beauty & Personal Care

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Fabric Care

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Flavors and Fragrances Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.3. Market Revenue and Forecast, by Application (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.1.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.2.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.3.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.6.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Application (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.4.7.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Application (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.3. Market Revenue and Forecast, by Application (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.4.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Application (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Ingredients (2017-2030)

11.5.5.2. Market Revenue and Forecast, by End-Use (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Application (2017-2030)

Chapter 12. Company Profiles

12.1. ADM (US)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Agilex Fragrances (US)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Akay Flavors & Aromatics Pvt. Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Alpha Aromatics (Us)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. BASF SE (Germany)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Bell Flavors & Fragrances (US)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Biolandes (France)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Comax MFG Corp (US)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. doTERRA International

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Elevance Renewable Sciences, Inc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global flavors and fragrances market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for flavors and fragrances are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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