Home Services Industry Services Press Releases About Us Blogs Report Store Contact us

Flavors and Fragrances Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Mar 2023

Report ID: ARC465

Pages : 250

Format : Flavors and Fragrances Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

CHAPTER 1. Industry Overview of Flavors and Fragrances Market

1.1. Definition and Scope

1.1.1. Definition of Flavors and Fragrances

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Flavors and Fragrances Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Flavors and Fragrances Market By Product

1.2.3. Flavors and Fragrances Market By Application

1.2.4. Flavors and Fragrances Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Flavors and Fragrances Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Flavors and Fragrances Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Regulatory Compliance

3.9. Competitive Landscape, 2022

3.9.1. Player Positioning Analysis

3.9.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Flavors and Fragrances Market By Product

4.1. Introduction

4.2. Flavors and Fragrances Revenue By Product

4.2.1. Flavors and Fragrances Revenue (USD Billion) and Forecast, By Product, 2020-2032

4.2.2. Natural

4.2.2.1. Natural Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2. Essential Oils

4.2.2.2.1. Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.2. Citronella Essential Oils

4.2.2.2.2.1. Citronella Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.3. Clove Essential Oils

4.2.2.2.3.1. Clove Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.4. Corn Mint Essential Oils

4.2.2.2.4.1. Corn Mint Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.5. Eucalyptus Essential Oils

4.2.2.2.5.1. Eucalyptus Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.6. Lavender Essential Oils

4.2.2.2.6.1. Lavender Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.7. Lemon Essential Oils

4.2.2.2.7.1. Lemon Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.8. Orange Essential Oils

4.2.2.2.8.1. Orange Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.9. Patchouli Essential Oils

4.2.2.2.9.1. Patchouli Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.10. Pepper Mint Essential Oils

4.2.2.2.10.1. Pepper Mint Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.2.11. Ylang Ylang/Canaga Essential Oils

4.2.2.2.11.1. Ylang Ylang/Canaga Essential Oils Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3. Oleoresins

4.2.2.3.1. Oleoresins Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3.2. Paprika Oleoresins

4.2.2.3.2.1. Paprika Oleoresins Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3.3. Black Pepper Oleoresins

4.2.2.3.3.1. Black Pepper Oleoresins Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3.4. Turmeric Oleoresins

4.2.2.3.4.1. Turmeric Oleoresins Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3.5. Ginger Oleoresins

4.2.2.3.5.1. Ginger Oleoresins Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.2.3.6. Others

4.2.2.3.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3. Aroma Chemical

4.2.3.1. Aroma Chemical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.2. Esters

4.2.3.2.1. Esters Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.3. Alcohol

4.2.3.3.1. Alcohol Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.4. Aldehydes

4.2.3.4.1. Aldehydes Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.5. Phenol

4.2.3.5.1. Phenol Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.6. Terpenes

4.2.3.6.1. Terpenes Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

4.2.3.7. Others

4.2.3.7.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 5. Flavors and Fragrances Market By Application

5.1. Introduction

5.2. Flavors and Fragrances Revenue By Application

5.2.1. Flavors and Fragrances Revenue (USD Billion) and Application, By Product, 2020-2032

5.2.2. Flavors

5.2.2.1. Flavors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.2. Confectionery

5.2.2.2.1. Confectionery Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.3. Convenience Food

5.2.2.3.1. Convenience Food Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.4. Bakery Food

5.2.2.4.1. Bakery Food Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.5. Dairy Food

5.2.2.5.1. Dairy Food Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.6. Beverages

5.2.2.6.1. Beverages Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.7. Animal Feed

5.2.2.7.1. Animal Feed Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.2.8. Others

5.2.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Fragrances

5.2.3.1. Fragrances Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.2. Fine Fragrances

5.2.3.2.1. Fine Fragrances Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.3. Cosmetics & Toiletries

5.2.3.3.1. Cosmetics & Toiletries Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.4. Soaps & Detergents

5.2.3.4.1. Soaps & Detergents Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.5. Aromatherapy

5.2.3.5.1. Aromatherapy Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3.6. Others

5.2.3.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. North America Flavors and Fragrances Market By Country 

6.1. North America Flavors and Fragrances Market Overview

6.2. U.S.

6.2.1. U.S. Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

6.2.2. U.S. Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

6.3. Canada

6.3.1. Canada Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

6.3.2. Canada Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

6.4. North America PEST Analysis

CHAPTER 7. Europe Flavors and Fragrances Market By Country

7.1. Europe Flavors and Fragrances Market Overview

7.2. U.K.

7.2.1. U.K. Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

7.2.2. U.K. Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

7.3. Germany

7.3.1. Germany Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

7.3.2. Germany Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

7.4. France

7.4.1. France Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

7.4.2. France Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

7.5. Spain

7.5.1. Spain Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

7.5.2. Spain Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

7.6. Rest of Europe

7.6.1. Rest of Europe Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

7.6.2. Rest of Europe Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

7.7. Europe PEST Analysis

CHAPTER 8. Asia Pacific Flavors and Fragrances Market By Country

8.1. Asia Pacific Flavors and Fragrances Market Overview

8.2. China

8.2.1. China Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.2.2. China Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.3. Japan

8.3.1. Japan Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.3.2. Japan Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.4. India

8.4.1. India Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.4.2. India Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.5. Australia

8.5.1. Australia Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.5.2. Australia Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.6. South Korea

8.6.1. South Korea Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.6.2. South Korea Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.7. Rest of Asia-Pacific

8.7.1. Rest of Asia-Pacific Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

8.7.2. Rest of Asia-Pacific Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

8.8. Asia Pacific PEST Analysis

CHAPTER 9. Latin America Flavors and Fragrances Market By Country

9.1. Latin America Flavors and Fragrances Market Overview

9.2. Brazil

9.2.1. Brazil Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

9.2.2. Brazil Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

9.3. Mexico

9.3.1. Mexico Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

9.3.2. Mexico Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

9.4. Rest of Latin America

9.4.1. Rest of Latin America Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

9.4.2. Rest of Latin America Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

9.5. Latin America PEST Analysis

CHAPTER 10. Middle East & Africa Flavors and Fragrances Market By Country 

10.1. Middle East & Africa Flavors and Fragrances Market Overview

10.2. GCC

10.2.1. GCC Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

10.2.2. GCC Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

10.3. South Africa

10.3.1. South Africa Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

10.3.2. South Africa Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

10.4. Rest of Middle East & Africa

10.4.1. Rest of Middle East & Africa Flavors and Fragrances Revenue (USD Billion) and Forecast By Product, 2020-2032

10.4.2. Rest of Middle East & Africa Flavors and Fragrances Revenue (USD Billion) and Forecast By Application, 2020-2032

10.5. Middle East & Africa PEST Analysis

CHAPTER 11. Player Analysis Of Flavors and Fragrances Market

11.1. Flavors and Fragrances Market Company Share Analysis

11.2. Competition Matrix

11.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

11.2.2. New Product Launches and Product Enhancements

11.2.3. Mergers And Acquisition In Global Flavors and Fragrances Market

11.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 12. Company Profile

12.1. Givaudan SA

12.1.1. Company Snapshot

12.1.2. Business Overview

12.1.3. Financial Overview

12.1.3.1. Revenue (USD Billion), 2022

12.1.3.2. Givaudan SA 2022 Flavors and Fragrances Business Regional Distribution

12.1.4. Product /Service and Specification

12.1.5. Recent Developments & Business Strategy

12.2. Firmenich SA

12.3. Agilex Flavors & Fragrances, Inc.

12.4. Symrise AG

12.5. Bedoukian Research, Inc.

12.6. International Flavors & Fragrances, Inc.

12.7. BASF SE

12.8. Aromatech SAS

12.9. Sensient Technologies Corp.

12.10. Bell Flavors & Fragrances Inc.

12.11. Royal DSM NV

12.12. Takasago International Corp

Frequently Asked Questions

What was the market size of the global flavors and fragrances in 2022?

The market size of flavors and fragrances was USD 29.3 billion in 2022.

What is the CAGR of the global flavors and fragrances market from 2023 to 2032?

The CAGR of flavors and fragrances is 5.4% during the analysis period of 2023 to 2032.

Which are the key players in the flavors and fragrances market?

The key players operating in the global market are including Givaudan SA, Firmenich SA, Agilex Flavors & Fragrances, Inc., Symrise AG, Bedoukian Research, Inc., International Flavors & Fragrances, Inc., BASF SE, Aromatech SAS, Sensient Technologies Corp., Bell Flavors & Fragrances Inc., Royal DSM NV and Takasago International Corp.

Which region dominated the global flavors and fragrances market share?

Asia-Pacific held the dominating position in flavors and fragrances industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of flavors and fragrances during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global flavors and fragrances industry?

The current trends and dynamics in the flavors and fragrances industry include growing demand from the food and beverage industry, increased consumer awareness and preference for natural products, rising demand from emerging markets, and increasing demand from the personal care and cosmetics industry.

Which product held the maximum share in 2022?

The flavors product held the maximum share of the flavors and fragrances industry.

Select Licence Type

Single User

US$ 4500

Multi User

US$ 9000

Excel Datapack

US$ 2000

Why Acumen Research and Consulting

100%

Customer Satisfaction

24x7+

Availability - we are always there when you need us

200+

Fortune 50 Companies trust Acumen Research and Consulting

80%

of our reports are exclusive and first in the industry

100%

more data and analysis

1000+

reports published till date