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Global Flavors And Fragrances Market to grow at a CAGR of 4.42% during 2016-2020

Press Release   •   Jan 23, 2017 05:03 EST

About Flavors and Fragrances

Flavors and fragrances mainly comprise a class of compounds such as esters, alcohol, acids, lactones, aldehydes, and ketones. These are derived from natural and synthetic compounds and are used to enhance the appeal of consumer goods, and food products and beverages. The global flavors and fragrances market includes flavor blends, fragrance blends, essential oils, and aroma chemicals. The formulation of flavors and fragrances involves mixing and blending of different ingredients.

Technavios analysts forecast the global flavors and fragrances market to grow at a CAGR of 4.42% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global flavors and fragrances market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of flavors and fragrances to end-users such as soaps and detergents, cosmetics and toiletries, fine fragrances, household cleaners and air fresheners, dairy, soup, bakery products, confectionery, ice cream, and noodles manufacturers.

The market is divided into the following segments based on geography:




Technavio's report, Global Flavors and Fragrances Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors



International Flavors & Fragrances



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Other prominent vendors



Robertet Group

Sensient Technologies Corporation

Market driver

Increase in disposable income among middle class

For a full, detailed list, view our report

Market challenge

Contamination of food products and beverages

For a full, detailed list, view our report

Market trend

Growing number of vegan population

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?