全球香精香料市场:按成分类型、最终用途行业和地区划分 - 2029 年预测
市场调查报告书
商品编码
1536663

全球香精香料市场:按成分类型、最终用途行业和地区划分 - 2029 年预测

Flavors & Fragrances Market by Ingredient Type (Synthetic, Natural), End-use Industry (Beverages, Bakery, Savory & Snacks, Dairy Products, Confectionery, Consumer Products, Fine Fragrances), and Region - Global Forecast to 2029

出版日期: | 出版商: MarketsandMarkets | 英文 246 Pages | 订单完成后即时交付

价格

香精香料市场规模预计将从2024年的353亿美元成长到2029年的423亿美元,复合年增长率为3.7%。

天然香料和香料因其感官和体验特性而正在兴起。对人工添加剂和复杂化学名称持谨慎态度的顾客会被天然香料和香料所吸引,因为成分清单往往清晰透明。消费者被天然解决方案所吸引,因为他们寻求真实性和高品质的感官体验。

调查范围
调查年份 2018-2029
基准年 2023年
预测期 2024-2029
考虑单位 金额(百万美元)
部分 依成分类型、最终用途产业、地区
目标区域 亚太地区、北美、欧洲、中东/非洲、南美

在 2023 年的香精香料市场中,以以金额为准,合成成分将成为使用最多的成分类型。合成成分的适应性及其创新的灵活性使它们在香精香料市场上具有优势。合成化学可以创造许多从天然来源不容易获得的香料和香料。在竞争激烈的市场中,能够自由地探索和发展新的敏感度是一个巨大的优势。

预计乳製品领域在预测期内将呈现市场上最高的复合年增长率。产品多样性和创新正在推动乳製品新口味的需求。随着越来越多的人选择纯素和无乳糖饮食,杏仁奶、豆奶和燕麦奶等植物来源乳製品替代品变得越来越受欢迎。这些产品需要独特的风味来增加其吸引力,并将其与传统乳製品区分开来。

高级香水领域是香水市场的第二大最终用途产业。消费者越来越寻求奢华的体验和客製化的享受,这使得高品质的香水俱有吸引力。对于当今的客户,尤其是富人来说,感官愉悦、情感满足和真实感变得越来越重要。优质香水透过提供超越日常生活的感官体验来满足这些需求,让消费者表达他们的个性和优雅。

该报告研究了全球香精香料市场,包括按成分类型、最终用途行业、地区以及参与市场的公司概况分類的趋势。

目录

第一章 简介

第二章调查方法

第三章执行摘要

第 4 章重要考察

第五章市场概况

  • 介绍
  • 市场动态
  • 波特五力分析
  • 总体经济指标

第六章 产业趋势

  • 供应链分析
  • 主要相关人员和采购标准
  • 价格分析
  • 影响客户业务的趋势/干扰
  • 生态系分析/市场地图
  • 案例研究
  • 技术分析
  • 贸易分析
  • 监管状况
  • 2024-2025年重大会议和活动
  • 投资金筹措场景
  • 专利分析

第七章香精香料市场(依成分类型)

  • 介绍
  • 合成
  • 自然的

第八章香精香料市场(依最终用途产业)

  • 介绍
  • 味道
  • 香味

第九章香精香料市场(分地区)

  • 介绍
  • 亚太地区
  • 欧洲
  • 北美洲
  • 中东/非洲
  • 南美洲

第10章竞争格局

  • 介绍
  • 主要参与企业采用的策略/秘密
  • 市场占有率分析
  • 收益分析
  • 企业评估矩阵:主要参与企业,2023
  • 企业评估矩阵:Start-Ups/小型企业,2023 年
  • 品牌/产品比较分析
  • 企业价值评估及财务指标
  • 竞争场景

第十一章 公司简介

  • 主要参与企业
    • GIVAUDAN SA
    • INTERNATIONAL FLAVORS & FRAGRANCES INC.
    • DSM-FIRMENICH AG
    • SYMRISE AG
    • TAKASAGO INTERNATIONAL CORPORATION
    • SENSIENT TECHNOLOGIES CORPORATION
    • ADM
    • MANE
    • ROBERTET GROUP
    • T. HASEGAWA CO., LTD.
    • BELL FLAVORS & FRAGRANCES
  • 其他公司
    • KERRY GROUP
    • OGAWA & CO., LTD.
    • HUABAO INTERNATIONAL HOLDINGS LTD.
    • BIOLANDES SAS
    • FLAVEX NATUREXTRAKTE GMBH
    • SYNTHITE INDUSTRIES LTD.
    • UNGERER & COMPANY
    • AKAY NATURAL INGREDIENTS PRIVATE LIMITED
    • SOLVAY SA
    • OZONE NATURALS
    • BASF SE
    • AROMATECH SAS
    • BEDOUKIAN RESEARCH INC.
    • ALPHA AROMATICS

第十二章 邻近及相关市场

第十三章附录

Product Code: CH 6073

In terms of value, the flavors & fragrances market is estimated to grow from USD 35.3 billion in 2024 to USD 42.3 billion by 2029, at a CAGR of 3.7%. Natural flavors and fragrances are becoming a growing trend due to their sensory and experiential attributes. Customers who are cautious of artificial additives and complicated chemical names are drawn to natural flavors and fragrances since they tend to have a clearer and more transparent ingredient list. Consumers gravitate towards natural solutions because of their need for authenticity and high-quality sensory experiences.

Scope of the Report
Years Considered for the Study2018-2029
Base Year2023
Forecast Period2024-2029
Units ConsideredValue (USD Million)
SegmentsIngredient Type, End-use Industry, and Region
Regions coveredAsia Pacific, North America, Europe, Middle East & Africa, and South America

"Synthetic ingredient segment was the largest ingredient type of flavors & fragrances market, in terms of value, in 2023."

Synthetic ingredients are the most used ingredient type in the flavors & fragrances market, in terms of value, in 2023. Synthetic ingredients' adaptability and flexibility for innovation add to their dominance in the flavors & fragrances market. Numerous flavors and fragrances that might not be readily obtained from natural sources can be created via synthetic chemistry. In a competitive market, having the freedom to explore and develop novel sensory experiences is a major advantage.

"Dairy products segment is projected to witness the highest CAGR in the flavors market, in terms of value, during the forecast period."

The dairy products segment is projected to witness the highest CAGR in the flavors & market, in terms of value, during the forecast period. There is a growing demand for new flavors in dairy products due to product diversity and innovation. As more people choose vegan or lactose-free diets, plant-based dairy substitutes like almond, soy, and oat milk have become increasingly popular. To increase their attractiveness and set them apart from conventional dairy products, these products need unique flavors.

"Fine fragrances segment was the second largest end-use industry of fragrances market, in terms of value, in 2023."

Fine fragrances segment stands as the second-largest end-use industry in the fragrances market. The growing inclination of consumers towards experiencing luxury and customized indulgence is contributing to the attraction of high-quality fragrances. Sensual pleasure, emotional fulfilment, and a feeling of personal identity are becoming increasingly important to modern customers, especially those in wealthier groups. Fine fragrances satisfy these needs by providing a sensual experience that goes beyond the ordinary, enabling consumers to showcase their uniqueness and elegance.

"Europe is projected to be the second largest region, in terms of value, during the forecast period in the flavors & fragrances market."

Europe was the second-largest region in the flavors & fragrances market. Europe served as a pioneer when it comes to the creation and enhancement of flavors and fragrances. Ancient perfumery and culinary arts traditions abound in the region, with France and Italy being recognized for their centuries-long mastery in these art forms. Europe is recognized worldwide as a leader in the production and enjoyment of complex, premium flavors and fragrances owing to its rich legacy. Market needs for customization and regional specialties are still on the rise due to which companies do not cease to develop new solutions that would appeal to the target markets across Europe.

  • By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
  • By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
  • By Region: North America - 24%, Europe - 40%, Asia Pacific - 17%, South America - 7%, Middle East & Africa - 12%,

The key players profiled in the report include Givaudan SA (Switzerland), International Flavors & Fragrances Inc. (US), DSM-Firmenich AG (Switzerland), Symrise AG (Germany), ADM (US), Takasago International Corporation (Japan), Sensient Technologies Corporation (US), MANE (France), Robertet Group (France), T. Hasegawa Co., Ltd. (Japan), and Bell Flavors & Fragrances (US).

Research Coverage

This report segments the market for flavors & fragrances based on ingredient type, end-use industry, and region and provides estimations of value (USD Million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies, associated with the market for flavors & fragrances.

Reasons to Buy this Report

This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the flavors & fragrances market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on flavors & fragrances offered by top players in the global market
  • Analysis of key drivers: (Increasing demand for natural flavors & fragrances, Increasing consumer preference towards convenience foods, Rising demand for natural products, Rising demand for consumer products), restraints (Compliance with quality and regulatory standards, Fluctuating raw material prices), opportunities (Digitalization of the retail industry, Innovation in end-use industries), and challenges (Limited progression in value chain among developing economies, Lack of cold chain infrastructure in developing economies) influencing the growth of flavors & fragrances market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the flavors & fragrances market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for flavors & fragrances across regions.
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global flavors & fragrances market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the flavors & fragrances market

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
    • 1.2.1 INCLUSIONS AND EXCLUSIONS OF STUDY
    • 1.2.2 FLAVORS & FRAGRANCES MARKET: DEFINITION AND INCLUSIONS, BY INGREDIENT TYPE
    • 1.2.3 FLAVORS MARKET: DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
    • 1.2.4 FRAGRANCES MARKET: DEFINITION AND INCLUSIONS, BY END-USE INDUSTRY
  • 1.3 MARKET SCOPE
    • 1.3.1 FLAVORS & FRAGRANCES MARKET SEGMENTATION
    • 1.3.2 REGIONAL SCOPE
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
  • 1.6 STAKEHOLDERS
  • 1.7 SUMMARY OF CHANGES
    • 1.7.1 IMPACT OF RECESSION

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Interviews with experts-demand and supply sides
      • 2.1.2.2 Key industry insights
      • 2.1.2.3 Breakdown of interviews with experts
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
    • 2.2.2 TOP-DOWN APPROACH
  • 2.3 DATA TRIANGULATION
  • 2.4 GROWTH FORECAST
    • 2.4.1 SUPPLY-SIDE ANALYSIS
    • 2.4.2 DEMAND-SIDE ANALYSIS
  • 2.5 IMPACT OF RECESSION
  • 2.6 ASSUMPTIONS
  • 2.7 LIMITATIONS
  • 2.8 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLAVORS & FRAGRANCES MARKET
  • 4.2 FLAVORS & FRAGRANCES MARKET, BY REGION
  • 4.3 ASIA PACIFIC: FLAVORS MARKET, BY COUNTRY AND END-USE INDUSTRY (2023)
  • 4.4 FRAGRANCES MARKET, BY END-USE INDUSTRY AND REGION
  • 4.5 FRAGRANCES MARKET, BY KEY COUNTRY

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Increasing demand for natural flavors and fragrances
      • 5.2.1.2 Increasing consumer preference for convenience food
      • 5.2.1.3 Rising demand for natural products
      • 5.2.1.4 Rising demand for consumer products
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 Compliance with quality and regulatory standards
      • 5.2.2.2 Fluctuating raw material prices
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Digitalization of retail industry
      • 5.2.3.2 Innovation in end-use industries
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Limited progression in value chain among developing economies
      • 5.2.4.2 Lack of cold chain infrastructure in developing economies
  • 5.3 PORTER'S FIVE FORCES ANALYSIS
    • 5.3.1 THREAT OF NEW ENTRANTS
    • 5.3.2 THREAT OF SUBSTITUTES
    • 5.3.3 BARGAINING POWER OF SUPPLIERS
    • 5.3.4 BARGAINING POWER OF BUYERS
    • 5.3.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.4 MACROECONOMIC INDICATORS
    • 5.4.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES

6 INDUSTRY TRENDS

  • 6.1 SUPPLY CHAIN ANALYSIS
    • 6.1.1 RAW MATERIALS
    • 6.1.2 MANUFACTURING
    • 6.1.3 DISTRIBUTION NETWORK
    • 6.1.4 END-USE INDUSTRIES
  • 6.2 KEY STAKEHOLDERS AND BUYING CRITERIA
    • 6.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • 6.2.2 BUYING CRITERIA
  • 6.3 PRICING ANALYSIS
    • 6.3.1 INDICATIVE AVERAGE SELLING PRICE TREND OF FLAVORS & FRAGRANCES, BY REGION
  • 6.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
  • 6.5 ECOSYSTEM ANALYSIS/MARKET MAP
  • 6.6 CASE STUDIES
    • 6.6.1 GIVAUDAN'S STRATEGIC MOVE: CAPTURING NATURAL INGREDIENT TREND THROUGH NATUREX ACQUISITION
    • 6.6.2 INNOVATING WITH MICROBES: IFF'S JOURNEY INTO PROBIOTIC FLAVORS & FRAGRANCES
    • 6.6.3 SENSIENT TECHNOLOGIES CORPORATION: SAFEGUARDING CONSUMER TRUST THROUGH CRISIS MANAGEMENT AND CONTINUOUS IMPROVEMENT
  • 6.7 TECHNOLOGY ANALYSIS
    • 6.7.1 KEY TECHNOLOGIES
      • 6.7.1.1 Supercritical fluid extraction
      • 6.7.1.2 Ultrasonic extraction
    • 6.7.2 COMPLEMENTARY TECHNOLOGIES
      • 6.7.2.1 Artificial intelligence-powered fragrance creation
  • 6.8 TRADE ANALYSIS
    • 6.8.1 IMPORT SCENARIO
      • 6.8.1.1 Flavors
      • 6.8.1.2 Fragrances
    • 6.8.2 EXPORT SCENARIO
      • 6.8.2.1 Flavors
      • 6.8.2.2 Fragrances
  • 6.9 REGULATORY LANDSCAPE
    • 6.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.10 KEY CONFERENCES AND EVENTS IN 2024-2025
  • 6.11 INVESTMENT AND FUNDING SCENARIO
  • 6.12 PATENT ANALYSIS
    • 6.12.1 APPROACH
    • 6.12.2 DOCUMENT TYPES
    • 6.12.3 TOP APPLICANTS
    • 6.12.4 JURISDICTION ANALYSIS

7 FLAVORS & FRAGRANCES MARKET, BY INGREDIENT TYPE

  • 7.1 INTRODUCTION
  • 7.2 SYNTHETIC
    • 7.2.1 COST-EFFECTIVENESS OF SYNTHETIC INGREDIENTS TO DRIVE ADOPTION
  • 7.3 NATURAL
    • 7.3.1 CONSUMER PREFERENCES AND INCREASED HEALTH CONSCIOUSNESS TO DRIVE MARKET

8 FLAVORS & FRAGRANCES MARKET, BY END-USE INDUSTRY

  • 8.1 INTRODUCTION
  • 8.2 FLAVORS
    • 8.2.1 BEVERAGES
      • 8.2.1.1 Consumer preferences to drive demand
    • 8.2.2 BAKERY
      • 8.2.2.1 Extensive product range to drive market
    • 8.2.3 SAVORY & SNACKS
      • 8.2.3.1 Rising demand for plant-based products to support market growth
    • 8.2.4 DAIRY PRODUCTS
      • 8.2.4.1 Health & wellness trends to boost market
    • 8.2.5 CONFECTIONERY
      • 8.2.5.1 Continuous innovation and fast-changing consumer demand to drive market
    • 8.2.6 OTHER END-USE INDUSTRIES
  • 8.3 FRAGRANCES
    • 8.3.1 CONSUMER PRODUCTS
      • 8.3.1.1 Economic factors to influence market
    • 8.3.2 FINE FRAGRANCES
      • 8.3.2.1 Artistry and creativity in perfumes to drive market

9 FLAVORS & FRAGRANCES MARKET, BY REGION

  • 9.1 INTRODUCTION
  • 9.2 ASIA PACIFIC
    • 9.2.1 RECESSION IMPACT
    • 9.2.2 CHINA
      • 9.2.2.1 Rapid industrialization to drive market
    • 9.2.3 JAPAN
      • 9.2.3.1 Growing beverages industry to drive demand
    • 9.2.4 INDIA
      • 9.2.4.1 Rising demand from end-use industries to propel market
    • 9.2.5 SOUTH KOREA
      • 9.2.5.1 Changing consumer lifestyle to drive demand for flavors & fragrances
    • 9.2.6 INDONESIA
      • 9.2.6.1 Expanding urban population to support market growth
    • 9.2.7 THAILAND
      • 9.2.7.1 Rich culinary heritage to support market growth
    • 9.2.8 AUSTRALIA
      • 9.2.8.1 Increasing health consciousness to drive demand
    • 9.2.9 VIETNAM
      • 9.2.9.1 Growing food processing sector to drive market
    • 9.2.10 PHILIPPINES
      • 9.2.10.1 Rising demand for Western food products to drive market
    • 9.2.11 BANGLADESH
      • 9.2.11.1 Growth in food processing sector to drive market
    • 9.2.12 PAKISTAN
      • 9.2.12.1 Rising middle-class population and preference for higher quality and safer food to drive market
    • 9.2.13 TAIWAN
      • 9.2.13.1 Rise in brand consciousness to drive demand
    • 9.2.14 MALAYSIA
      • 9.2.14.1 Growing demand for convenience foods to drive market
    • 9.2.15 SINGAPORE
      • 9.2.15.1 Increasing demand for natural and organic ingredients to drive market
    • 9.2.16 MYANMAR
      • 9.2.16.1 Increasing urbanization to drive demand
  • 9.3 EUROPE
    • 9.3.1 RECESSION IMPACT
    • 9.3.2 GERMANY
      • 9.3.2.1 Robust economy to drive market
    • 9.3.3 FRANCE
      • 9.3.3.1 Increasing production concentration and exports to boost market
    • 9.3.4 UK
      • 9.3.4.1 Adoption of healthier lifestyles to support market
    • 9.3.5 RUSSIA
      • 9.3.5.1 Natural resources to support market
    • 9.3.6 ITALY
      • 9.3.6.1 Marketing initiatives by government to drive market
    • 9.3.7 SPAIN
      • 9.3.7.1 Demand for healthy and natural ingredients-based foods to drive market
  • 9.4 NORTH AMERICA
    • 9.4.1 RECESSION IMPACT
    • 9.4.2 US
      • 9.4.2.1 Largest consumer of flavors & fragrances in North America
    • 9.4.3 CANADA
      • 9.4.3.1 Increasing health awareness and demand for natural-based flavors and fragrances to drive market
    • 9.4.4 MEXICO
      • 9.4.4.1 Growing food & beverage industry to drive market
  • 9.5 MIDDLE EAST & AFRICA
    • 9.5.1 RECESSION IMPACT
    • 9.5.2 GCC COUNTRIES
      • 9.5.2.1 Saudi Arabia
        • 9.5.2.1.1 Increasing demand for premium consumer products to drive market
    • 9.5.3 IRAN
      • 9.5.3.1 Growing urban middle-class population and changing lifestyles to positively impact market growth
    • 9.5.4 TURKEY
      • 9.5.4.1 Rising disposable income to support growth
    • 9.5.5 SOUTH AFRICA
      • 9.5.5.1 Beverages segment to boost growth
  • 9.6 SOUTH AMERICA
    • 9.6.1 RECESSION IMPACT
    • 9.6.2 BRAZIL
      • 9.6.2.1 Rising demand for dairy products and premium fragrances to drive market
    • 9.6.3 ARGENTINA
      • 9.6.3.1 Growing consumer demand for personal care and household products to drive market

10 COMPETITIVE LANDSCAPE

  • 10.1 INTRODUCTION
  • 10.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN
    • 10.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY FLAVOR & FRAGRANCE MANUFACTURERS
  • 10.3 MARKET SHARE ANALYSIS
    • 10.3.1 RANKING OF KEY MARKET PLAYERS, 2023
  • 10.4 REVENUE ANALYSIS
  • 10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    • 10.5.1 STARS
    • 10.5.2 EMERGING LEADERS
    • 10.5.3 PERVASIVE PLAYERS
    • 10.5.4 PARTICIPANTS
    • 10.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
      • 10.5.5.1 Company footprint
      • 10.5.5.2 Region footprint
      • 10.5.5.3 Ingredient type footprint
      • 10.5.5.4 End-use industry footprint
  • 10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    • 10.6.1 PROGRESSIVE COMPANIES
    • 10.6.2 RESPONSIVE COMPANIES
    • 10.6.3 DYNAMIC COMPANIES
    • 10.6.4 STARTING BLOCKS
    • 10.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
      • 10.6.5.1 Detailed list of key startups/SMEs
      • 10.6.5.2 Competitive benchmarking of key startups/SMEs
  • 10.7 BRAND/PRODUCT COMPARISON ANALYSIS
  • 10.8 COMPANY VALUATION AND FINANCIAL METRICS
  • 10.9 COMPETITIVE SCENARIO
    • 10.9.1 PRODUCT LAUNCHES
    • 10.9.2 DEALS
    • 10.9.3 EXPANSIONS

11 COMPANY PROFILES

  • 11.1 KEY PLAYERS
    • 11.1.1 GIVAUDAN SA
      • 11.1.1.1 Business overview
      • 11.1.1.2 Products offered
      • 11.1.1.3 Recent developments
        • 11.1.1.3.1 Product launches
        • 11.1.1.3.2 Deals
      • 11.1.1.4 MnM view
        • 11.1.1.4.1 Key strengths
        • 11.1.1.4.2 Strategic choices
        • 11.1.1.4.3 Weaknesses and competitive threats
    • 11.1.2 INTERNATIONAL FLAVORS & FRAGRANCES INC.
      • 11.1.2.1 Business overview
      • 11.1.2.2 Products offered
      • 11.1.2.3 Recent developments
        • 11.1.2.3.1 Deals
        • 11.1.2.3.2 Expansions
      • 11.1.2.4 MnM view
        • 11.1.2.4.1 Key strengths
        • 11.1.2.4.2 Strategic choices
        • 11.1.2.4.3 Weaknesses and competitive threats
    • 11.1.3 DSM-FIRMENICH AG
      • 11.1.3.1 Business overview
      • 11.1.3.2 Products offered
      • 11.1.3.3 Recent developments
        • 11.1.3.3.1 Product launches
        • 11.1.3.3.2 Deals
        • 11.1.3.3.3 Expansions
      • 11.1.3.4 MnM View
        • 11.1.3.4.1 Key strengths
        • 11.1.3.4.2 Strategic choices
        • 11.1.3.4.3 Weaknesses and competitive threats
    • 11.1.4 SYMRISE AG
      • 11.1.4.1 Business overview
      • 11.1.4.2 Products offered
      • 11.1.4.3 Recent developments
        • 11.1.4.3.1 Product launches
      • 11.1.4.4 MnM view
        • 11.1.4.4.1 Key strengths
        • 11.1.4.4.2 Strategic choices
        • 11.1.4.4.3 Weaknesses and competitive threats
    • 11.1.5 TAKASAGO INTERNATIONAL CORPORATION
      • 11.1.5.1 Business overview
      • 11.1.5.2 Products offered
      • 11.1.5.3 Recent developments
        • 11.1.5.3.1 Expansions
      • 11.1.5.4 MnM View
        • 11.1.5.4.1 Key strengths
        • 11.1.5.4.2 Strategic choices
        • 11.1.5.4.3 Weaknesses and competitive threats
    • 11.1.6 SENSIENT TECHNOLOGIES CORPORATION
      • 11.1.6.1 Business overview
      • 11.1.6.2 Products offered
      • 11.1.6.3 Recent developments
        • 11.1.6.3.1 Deals
    • 11.1.7 ADM
      • 11.1.7.1 Business overview
      • 11.1.7.2 Products offered
    • 11.1.8 MANE
      • 11.1.8.1 Business overview
      • 11.1.8.2 Products offered
    • 11.1.9 ROBERTET GROUP
      • 11.1.9.1 Business overview
      • 11.1.9.2 Products offered
    • 11.1.10 T. HASEGAWA CO., LTD.
      • 11.1.10.1 Business overview
      • 11.1.10.2 Products offered
      • 11.1.10.3 Recent developments
        • 11.1.10.3.1 Product launches
    • 11.1.11 BELL FLAVORS & FRAGRANCES
      • 11.1.11.1 Business overview
      • 11.1.11.2 Products offered
      • 11.1.11.3 Recent developments
        • 11.1.11.3.1 Product launches
  • 11.2 OTHER PLAYERS
    • 11.2.1 KERRY GROUP
    • 11.2.2 OGAWA & CO., LTD.
    • 11.2.3 HUABAO INTERNATIONAL HOLDINGS LTD.
    • 11.2.4 BIOLANDES SAS
    • 11.2.5 FLAVEX NATUREXTRAKTE GMBH
    • 11.2.6 SYNTHITE INDUSTRIES LTD.
    • 11.2.7 UNGERER & COMPANY
    • 11.2.8 AKAY NATURAL INGREDIENTS PRIVATE LIMITED
    • 11.2.9 SOLVAY SA
    • 11.2.10 OZONE NATURALS
    • 11.2.11 BASF SE
    • 11.2.12 AROMATECH SAS
    • 11.2.13 BEDOUKIAN RESEARCH INC.
    • 11.2.14 ALPHA AROMATICS

12 ADJACENT & RELATED MARKETS

  • 12.1 INTRODUCTION
  • 12.2 LIMITATIONS
  • 12.3 AROMA INGREDIENTS MARKET
    • 12.3.1 MARKET DEFINITION
    • 12.3.2 MARKET OVERVIEW
  • 12.4 AROMA INGREDIENTS MARKET, BY REGION
    • 12.4.1 EUROPE
    • 12.4.2 ASIA PACIFIC
    • 12.4.3 NORTH AMERICA
    • 12.4.4 MIDDLE EAST & AFRICA
    • 12.4.5 SOUTH AMERICA

13 APPENDIX

  • 13.1 DISCUSSION GUIDE
  • 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 13.3 CUSTOMIZATION OPTIONS
  • 13.4 RELATED REPORTS
  • 13.5 AUTHOR DETAILS

List of Tables

  • TABLE 1 FLAVORS & FRAGRANCES MARKET: PORTER'S FIVE FORCES ANALYSIS
  • TABLE 2 GDP TRENDS AND FORECAST, BY MAJOR ECONOMY, 2021-2029 (USD BILLION)
  • TABLE 3 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP-THREE END-USE INDUSTRIES OF FLAVORS & FRAGRANCES (%)
  • TABLE 4 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES OF FLAVORS & FRAGRANCES
  • TABLE 5 INDICATIVE AVERAGE SELLING PRICE TREND OF FLAVORS & FRAGRANCES, BY REGION (USD/KG)
  • TABLE 6 FLAVORS & FRAGRANCES MARKET: ROLE IN ECOSYSTEM
  • TABLE 7 IMPORT OF FLAVORS, BY REGION, 2017-2022 (USD MILLION)
  • TABLE 8 IMPORT OF FRAGRANCES, BY REGION, 2017-2022 (USD MILLION)
  • TABLE 9 EXPORT OF FLAVORS, BY REGION, 2017-2022 (USD MILLION)
  • TABLE 10 EXPORT OF FRAGRANCES, BY REGION, 2017-2022 (USD MILLION)
  • TABLE 11 NORTH AMERICA: REGULATIONS RELATED TO FLAVORS & FRAGRANCES
  • TABLE 12 EUROPE: REGULATIONS RELATED TO FLAVORS & FRAGRANCES
  • TABLE 13 ASIA PACIFIC: REGULATIONS RELATED TO FLAVORS & FRAGRANCES
  • TABLE 14 FLAVORS & FRAGRANCES: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 FLAVORS & FRAGRANCES MARKET: KEY CONFERENCES AND EVENTS
  • TABLE 16 PATENT STATUS: PATENT APPLICATIONS, LIMITED PATENTS, AND GRANTED PATENTS
  • TABLE 17 LIST OF MAJOR PATENTS OF FLAVORS & FRAGRANCES
  • TABLE 18 PATENTS BY NESTEC, INC.
  • TABLE 19 FLAVORS & FRAGRANCES MARKET, BY INGREDIENT TYPE, 2018-2022 (USD MILLION)
  • TABLE 20 FLAVORS & FRAGRANCES MARKET, BY INGREDIENT TYPE, 2023-2029 (USD MILLION)
  • TABLE 21 SYNTHETIC INGREDIENTS: FLAVORS & FRAGRANCES MARKET, BY TYPE, 2018-2022 (USD MILLION)
  • TABLE 22 SYNTHETIC INGREDIENTS: FLAVORS & FRAGRANCES MARKET, BY TYPE, 2023-2029 (USD MILLION)
  • TABLE 23 NATURAL INGREDIENTS: FLAVORS & FRAGRANCES MARKET, BY TYPE, 2018-2022 (USD MILLION)
  • TABLE 24 NATURAL INGREDIENTS: FLAVORS & FRAGRANCES MARKET, BY TYPE, 2023-2029 (USD MILLION)
  • TABLE 25 FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 26 FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 27 FLAVORS MARKET IN BEVERAGES, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 28 FLAVORS MARKET IN BEVERAGES, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 29 FLAVORS MARKET IN BAKERY, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 30 FLAVORS MARKET IN BAKERY, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 31 FLAVORS MARKET IN SAVORY & SNACKS, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 32 FLAVORS MARKET IN SAVORY & SNACKS, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 33 FLAVORS MARKET IN DAIRY PRODUCTS, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 34 FLAVORS MARKET IN DAIRY PRODUCTS, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 35 FLAVORS MARKET IN CONFECTIONERY, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 36 FLAVORS MARKET IN CONFECTIONERY, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 37 FLAVORS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 38 FLAVORS MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 39 FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 40 FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 41 FRAGRANCES MARKET IN CONSUMER PRODUCTS, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 42 FRAGRANCES MARKET IN CONSUMER PRODUCTS, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 43 FRAGRANCES MARKET IN FINE FRAGRANCES, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 44 FRAGRANCES MARKET IN FINE FRAGRANCES, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 45 FLAVORS & FRAGRANCES MARKET, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 46 FLAVORS & FRAGRANCES MARKET, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 47 FLAVORS MARKET, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 48 FLAVORS MARKET, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 49 FRAGRANCES MARKET, BY REGION, 2018-2022 (USD MILLION)
  • TABLE 50 FRAGRANCES MARKET, BY REGION, 2023-2029 (USD MILLION)
  • TABLE 51 ASIA PACIFIC: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 52 ASIA PACIFIC: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 53 ASIA PACIFIC: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 54 ASIA PACIFIC: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 55 ASIA PACIFIC: FLAVORS MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 56 ASIA PACIFIC: FLAVORS MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 57 ASIA PACIFIC: FRAGRANCES MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 58 ASIA PACIFIC: FRAGRANCES MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 59 CHINA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 60 CHINA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 61 CHINA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 62 CHINA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 63 JAPAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 64 JAPAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 65 JAPAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 66 JAPAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 67 INDIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 68 INDIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 69 INDIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 70 INDIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 71 SOUTH KOREA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 72 SOUTH KOREA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 73 SOUTH KOREA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 74 SOUTH KOREA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 75 INDONESIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 76 INDONESIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 77 INDONESIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 78 INDONESIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 79 THAILAND: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 80 THAILAND: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 81 THAILAND: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 82 THAILAND: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 83 AUSTRALIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 84 AUSTRALIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 85 AUSTRALIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 86 AUSTRALIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 87 VIETNAM: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 88 VIETNAM: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 89 VIETNAM: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 90 VIETNAM: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 91 PHILIPPINES: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 92 PHILIPPINES: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 93 PHILIPPINES: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 94 PHILIPPINES: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 95 BANGLADESH: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 96 BANGLADESH: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 97 BANGLADESH: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 98 BANGLADESH: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 99 PAKISTAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 100 PAKISTAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 101 PAKISTAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 102 PAKISTAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 103 TAIWAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 104 TAIWAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 105 TAIWAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 106 TAIWAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 107 MALAYSIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 108 MALAYSIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 109 MALAYSIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 110 MALAYSIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 111 SINGAPORE: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 112 SINGAPORE: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 113 SINGAPORE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 114 SINGAPORE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 115 MYANMAR: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 116 MYANMAR: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 117 MYANMAR: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 118 MYANMAR: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 119 EUROPE: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 120 EUROPE: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 121 EUROPE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 122 EUROPE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 123 EUROPE: FLAVORS MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 124 EUROPE: FLAVORS MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 125 EUROPE: FRAGRANCES MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 126 EUROPE: FRAGRANCES MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 127 GERMANY: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 128 GERMANY: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 129 GERMANY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 130 GERMANY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 131 FRANCE: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 132 FRANCE: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 133 FRANCE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 134 FRANCE: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 135 UK: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 136 UK: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 137 UK: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 138 UK: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 139 RUSSIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 140 RUSSIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 141 RUSSIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 142 RUSSIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 143 ITALY: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 144 ITALY: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 145 ITALY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 146 ITALY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 147 SPAIN: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 148 SPAIN: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 149 SPAIN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 150 SPAIN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 151 NORTH AMERICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 152 NORTH AMERICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 153 NORTH AMERICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 154 NORTH AMERICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 155 NORTH AMERICA: FLAVORS MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 156 NORTH AMERICA: FLAVORS MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 157 NORTH AMERICA: FRAGRANCES MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 158 NORTH AMERICA: FRAGRANCES MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 159 US: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 160 US: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 161 US: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 162 US: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 163 CANADA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 164 CANADA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 165 CANADA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 166 CANADA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 167 MEXICO: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 168 MEXICO: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 169 MEXICO: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 170 MEXICO: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 171 MIDDLE EAST & AFRICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 172 MIDDLE EAST & AFRICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 173 MIDDLE EAST & AFRICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 174 MIDDLE EAST & AFRICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 175 MIDDLE EAST & AFRICA: FLAVORS MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 176 MIDDLE EAST & AFRICA: FLAVORS MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 177 MIDDLE EAST & AFRICA: FRAGRANCES MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 178 MIDDLE EAST & AFRICA: FRAGRANCES MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 179 SAUDI ARABIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 180 SAUDI ARABIA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 181 SAUDI ARABIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 182 SAUDI ARABIA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 183 IRAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 184 IRAN: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 185 IRAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 186 IRAN: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 187 TURKEY: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 188 TURKEY: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 189 TURKEY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 190 TURKEY: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 191 SOUTH AFRICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 192 SOUTH AFRICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 193 SOUTH AFRICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 194 SOUTH AFRICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 195 SOUTH AMERICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 196 SOUTH AMERICA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 197 SOUTH AMERICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 198 SOUTH AMERICA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 199 SOUTH AMERICA: FLAVORS MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 200 SOUTH AMERICA: FLAVORS MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 201 SOUTH AMERICA: FRAGRANCES MARKET, BY COUNTRY, 2018-2022 (USD MILLION)
  • TABLE 202 SOUTH AMERICA: FRAGRANCES MARKET, BY COUNTRY, 2023-2029 (USD MILLION)
  • TABLE 203 BRAZIL: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 204 BRAZIL: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 205 BRAZIL: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 206 BRAZIL: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 207 ARGENTINA: FLAVORS MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 208 ARGENTINA: FLAVORS MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 209 ARGENTINA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2018-2022 (USD MILLION)
  • TABLE 210 ARGENTINA: FRAGRANCES MARKET, BY END-USE INDUSTRY, 2023-2029 (USD MILLION)
  • TABLE 211 FLAVORS & FRAGRANCES MARKET: DEGREE OF COMPETITION
  • TABLE 212 FLAVORS & FRAGRANCES MARKET: REGION FOOTPRINT
  • TABLE 213 FLAVORS & FRAGRANCES MARKET: INGREDIENT TYPE FOOTPRINT
  • TABLE 214 FLAVORS & FRAGRANCES MARKET: END-USE INDUSTRY FOOTPRINT
  • TABLE 215 FLAVORS & FRAGRANCES MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 216 FLAVORS & FRAGRANCES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 217 FLAVORS & FRAGRANCES MARKET: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 218 FLAVORS & FRAGRANCES MARKET: DEALS, JANUARY 2021-JUNE 2024
  • TABLE 219 FLAVORS & FRAGRANCES MARKET: EXPANSIONS, JANUARY 2021-JUNE 2024
  • TABLE 220 GIVAUDAN SA: COMPANY OVERVIEW
  • TABLE 221 GIVAUDAN SA: PRODUCTS OFFERED
  • TABLE 222 GIVAUDAN SA: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 223 GIVAUDAN SA: DEALS, JANUARY 2021-JUNE 2024
  • TABLE 224 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY OVERVIEW
  • TABLE 225 INTERNATIONAL FLAVORS & FRAGRANCES INC.: PRODUCTS OFFERED
  • TABLE 226 INTERNATIONAL FLAVORS & FRAGRANCES INC.: DEALS, JANUARY 2021-JUNE 2024
  • TABLE 227 INTERNATIONAL FLAVORS & FRAGRANCES INC.: EXPANSIONS, JANUARY 2021-JUNE 2024
  • TABLE 228 DSM-FIRMENICH AG: COMPANY OVERVIEW
  • TABLE 229 DSM-FIRMENICH AG: PRODUCTS OFFERED
  • TABLE 230 DSM-FIRMENICH AG: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 231 DSM-FIRMENICH AG: DEALS, JANUARY 2021-JUNE 2024
  • TABLE 232 DSM-FIRMENICH AG: EXPANSIONS, JANUARY 2021-JUNE 2024
  • TABLE 233 SYMRISE AG: COMPANY OVERVIEW
  • TABLE 234 SYMRISE AG: PRODUCTS OFFERED
  • TABLE 235 SYMRISE AG: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 236 TAKASAGO INTERNATIONAL CORPORATION: COMPANY OVERVIEW
  • TABLE 237 TAKASAGO INTERNATIONAL CORPORATION: PRODUCTS OFFERED
  • TABLE 238 TAKASAGO INTERNATIONAL CORPORATION: EXPANSIONS
  • TABLE 239 SENSIENT TECHNOLOGIES CORPORATION: COMPANY OVERVIEW
  • TABLE 240 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS OFFERED
  • TABLE 241 SENSIENT TECHNOLOGIES CORPORATION: DEALS, JANUARY 2021-JUNE 2024
  • TABLE 242 ADM: COMPANY OVERVIEW
  • TABLE 243 ADM: PRODUCTS OFFERED
  • TABLE 244 MANE: COMPANY OVERVIEW
  • TABLE 245 MANE: PRODUCTS OFFERED
  • TABLE 246 ROBERTET GROUP: COMPANY OVERVIEW
  • TABLE 247 ROBERTET GROUP: PRODUCTS OFFERED
  • TABLE 248 T. HASEGAWA CO., LTD.: COMPANY OVERVIEW
  • TABLE 249 T. HASEGAWA CO., LTD.: PRODUCTS OFFERED
  • TABLE 250 T. HASEGAWA CO., LTD.: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 251 BELL FLAVORS & FRAGRANCES: COMPANY OVERVIEW
  • TABLE 252 BELL FLAVORS & FRAGRANCES: PRODUCTS OFFERED
  • TABLE 253 BELL FLAVORS & FRAGRANCES: PRODUCT LAUNCHES, JANUARY 2021-JUNE 2024
  • TABLE 254 KERRY GROUP: COMPANY OVERVIEW
  • TABLE 255 OGAWA & CO., LTD.: COMPANY OVERVIEW
  • TABLE 256 HUABAO INTERNATIONAL HOLDINGS LTD.: COMPANY OVERVIEW
  • TABLE 257 BIOLANDES SAS: COMPANY OVERVIEW
  • TABLE 258 FLAVEX NATUREXTRAKTE GMBH: COMPANY OVERVIEW
  • TABLE 259 SYNTHITE INDUSTRIES LTD.: COMPANY OVERVIEW
  • TABLE 260 UNGERER & COMPANY: COMPANY OVERVIEW
  • TABLE 261 AKAY NATURAL INGREDIENTS PRIVATE LIMITED: COMPANY OVERVIEW
  • TABLE 262 SOLVAY SA: COMPANY OVERVIEW
  • TABLE 263 OZONE NATURALS: COMPANY OVERVIEW
  • TABLE 264 BASF SE: COMPANY OVERVIEW
  • TABLE 265 AROMATECH SAS: COMPANY OVERVIEW
  • TABLE 266 BEDOUKIAN RESEARCH INC.: COMPANY OVERVIEW
  • TABLE 267 ALPHA AROMATICS: COMPANY OVERVIEW
  • TABLE 268 AROMA INGREDIENTS MARKET, BY REGION, 2016-2023 (USD MILLION)
  • TABLE 269 EUROPE: AROMA INGREDIENTS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • TABLE 270 ASIA PACIFIC: AROMA INGREDIENTS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • TABLE 271 NORTH AMERICA: AROMA INGREDIENTS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • TABLE 272 MIDDLE EAST & AFRICA: AROMA INGREDIENTS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • TABLE 273 SOUTH AMERICA: AROMA INGREDIENTS MARKET, BY COUNTRY, 2016-2023 (USD MILLION)

List of Figures

  • FIGURE 1 FLAVORS & FRAGRANCES MARKET: RESEARCH DESIGN
  • FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)-COLLECTIVE SHARE OF KEY PLAYERS
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)-COLLECTIVE REVENUE OF ALL PRODUCTS
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE)-PRODUCTS SOLD
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4-TOP-DOWN APPROACH
  • FIGURE 6 FLAVORS & FRAGRANCES MARKET: DATA TRIANGULATION
  • FIGURE 7 CAGR PROJECTIONS FROM SUPPLY SIDE
  • FIGURE 8 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
  • FIGURE 9 SYNTHETIC INGREDIENTS TO ACCOUNT FOR LARGER MARKET SHARE
  • FIGURE 10 BEVERAGES SEGMENT TO CONTINUE TO DOMINATE MARKET IN 2029
  • FIGURE 11 CONSUMER PRODUCTS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 12 SOUTH AMERICA TO REGISTER HIGHEST CAGR IN FLAVORS & FRAGRANCES MARKET DURING FORECAST PERIOD
  • FIGURE 13 INCREASING DEMAND FOR NATURAL FLAVORS & FRAGRANCES TO DRIVE MARKET
  • FIGURE 14 SOUTH AMERICA TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD
  • FIGURE 15 BEVERAGES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023
  • FIGURE 16 CONSUMER PRODUCTS SEGMENT DOMINATED FRAGRANCES MARKET ACROSS ALL REGIONS
  • FIGURE 17 IRAN TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 18 FLAVORS & FRAGRANCES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 19 FLAVORS & FRAGRANCES MARKET: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 20 FLAVORS & FRAGRANCES MARKET: SUPPLY CHAIN
  • FIGURE 21 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP-THREE END-USE INDUSTRIES OF FLAVORS & FRAGRANCES
  • FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES OF FLAVORS & FRAGRANCES
  • FIGURE 23 INDICATIVE AVERAGE SELLING PRICE TREND OF FLAVORS & FRAGRANCES, BY REGION (USD/KG)
  • FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
  • FIGURE 25 ECOSYSTEM OF FLAVORS & FRAGRANCES MARKET
  • FIGURE 26 IMPORT OF FLAVORS, BY KEY COUNTRY, 2017-2022 (USD MILLION)
  • FIGURE 27 IMPORT OF FRAGRANCES, BY KEY COUNTRY, 2017-2022 (USD MILLION)
  • FIGURE 28 EXPORT OF FLAVORS, BY KEY COUNTRY, 2017-2022 (USD MILLION)
  • FIGURE 29 EXPORT OF FRAGRANCES, BY KEY COUNTRY, 2017-2022 (USD MILLION)
  • FIGURE 30 PATENTS REGISTERED FOR FLAVORS & FRAGRANCES, 2013-2023
  • FIGURE 31 LIST OF MAJOR PATENTS FOR FLAVORS & FRAGRANCES
  • FIGURE 32 LEGAL STATUS OF PATENTS FILED IN FLAVORS & FRAGRANCES
  • FIGURE 33 MAXIMUM PATENTS FILED IN JURISDICTION OF CHINA
  • FIGURE 34 SYNTHETIC INGREDIENTS WILL CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 35 BEVERAGES SEGMENT TO DOMINATE MARKET IN 2024
  • FIGURE 36 CONSUMER PRODUCTS TO DOMINATE FRAGRANCES MARKET DURING FORECAST PERIOD
  • FIGURE 37 ASIA PACIFIC WILL CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 38 ASIA PACIFIC: FLAVORS & FRAGRANCES MARKET SNAPSHOT
  • FIGURE 39 EUROPE: FLAVORS & FRAGRANCES MARKET SNAPSHOT
  • FIGURE 40 NORTH AMERICA: FLAVORS & FRAGRANCES MARKET SNAPSHOT
  • FIGURE 41 MARKET SHARE OF KEY PLAYERS IN FLAVORS & FRAGRANCES MARKET, 2023
  • FIGURE 42 RANKING OF PLAYERS IN FLAVORS & FRAGRANCES MARKET, 2023
  • FIGURE 43 REVENUE ANALYSIS OF KEY PLAYERS IN FLAVORS & FRAGRANCES MARKET, 2019-2023 (USD MILLION)
  • FIGURE 44 FLAVORS & FRAGRANCES MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 45 FLAVORS & FRAGRANCES MARKET: COMPANY FOOTPRINT
  • FIGURE 46 FLAVORS & FRAGRANCES MARKET: COMPANY EVALUATION MATRIX (STARTUP/SMES), 2023
  • FIGURE 47 FLAVORS & FRAGRANCES MARKET: BRAND/PRODUCT COMPARISON
  • FIGURE 48 EV/EBITDA OF KEY MANUFACTURERS OF FLAVORS & FRAGRANCES
  • FIGURE 49 ENTERPRISE VALUATION (EV) OF KEY PLAYERS IN FLAVORS & FRAGRANCES MARKET
  • FIGURE 50 GIVAUDAN SA: COMPANY SNAPSHOT (2023)
  • FIGURE 51 INTERNATIONAL FLAVORS & FRAGRANCES INC.: COMPANY SNAPSHOT (2023)
  • FIGURE 52 DSM-FIRMENICH AG: COMPANY SNAPSHOT (2023)
  • FIGURE 53 SYMRISE AG: COMPANY SNAPSHOT (2023)
  • FIGURE 54 TAKASAGO INTERNATIONAL CORPORATION: COMPANY SNAPSHOT (2023)
  • FIGURE 55 SENSIENT TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT (2023)
  • FIGURE 56 ADM: COMPANY SNAPSHOT (2023)
  • FIGURE 57 MANE: COMPANY SNAPSHOT (2023)
  • FIGURE 58 ROBERTET GROUP: COMPANY SNAPSHOT (2023)
  • FIGURE 59 T. HASEGAWA CO., LTD.: COMPANY SNAPSHOT