Press release content from Business Wire. The AP news staff was not involved in its creation.
Related topics
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

The Worldwide Market for Flavours & Fragrances (2019-2024): Projected to Reach $35.1 Billion by 2024 -

May 7, 2019 GMT

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’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

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

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

10.3.1 Givaudan

10.3.2 Firmenich

10.3.3 International Flavors & Fragrances

10.3.4 Symrise

10.3.5 Takasago

10.3.6 Sensient

10.3.7 Mane

10.3.8 Robertet

10.3.9 T. Hasegawa

10.3.10 Frutarom

10.3.11 Bell Flavors & Fragrances

10.3.12 Archer Daniels Midland

10.3.13 Kerry

10.3.14 Ogawa & Co. Ltd.

10.3.15 Huabao


For more information about this report visit

View source version on


Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Fragrance, Flavor and Aroma Chemicals,Food Additives



SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/07/2019 01:27 PM/DISC: 05/07/2019 01:27 PM