The global flavor and fragrance market is expected to reach $33.14 billion by 2022

IRVING, Texas, April 11, 2017 /PRNewswire/ -- According to a new market report published by Lucintel, the global flavor and fragrance market is forecast to grow at a CAGR of 4.2% from 2017 to 2022.

Browse 78 market data tables and 83 figures spread through 173 pages and in-depth TOC on "Global Flavor and Fragrance Market" 

Asia Pacific is expected to become the largest market and is also expected to witness above average growth over the forecast period due to strengthening economies, growing urbanization, changing lifestyle, and a rise in per capita income.

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Emerging trends, which have a direct impact on the dynamics of the industry, include increased use of biotic ingredients and business expansion by major players in emerging markets. Givaudan, Firmenich, IFF, Symrise AG, and Takasago are among the major suppliers of the flavor and fragrance market.

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The study includes a forecast for the global flavor and fragrance by product type, application, raw material, country, and region as follows:

Flavor and fragrance market by product Type (Value ($B) shipment analysis from 2011-2022):

• Flavor
• Fragrance

Flavor Market by application (Value ($B) shipment analysis from 2011-2022):

• Dairy
• Savory/Snacks
• Beverage
• Confectionery/ Bakery
• Others

Flavor Market by application (Value ($B) shipment analysis from 2011-2022):

• Fine fragrance
• Cosmetic and toiletry
• Soap and detergents
• House hold and air care
• Others

Flavor and fragrance market by raw material (Value ($B) shipment analysis from 2011-2022)

• Aroma Chemical
• Essential Oils

Regional Break down for Flavor and Fragrance Market (Value ($B) shipment analysis from 2011-2022)

• North America
• Europe
• Asia Pacific
• Rest of the World

Flavor and fragrance market by Country (Value ($B) shipment analysis from 2011-2022):

• US
• Western Europe
• Eastern Europe
• Central Europe
• China
• Japan
• India
• Middle East
• South America
• Africa

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For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/flavor_and_fragrance_market_2017.aspx or   [email protected].

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services for executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com

For more details contact:
Tushita Roy
Sr. Manager- Client Engagement,
Lucintel
Netherlands 
+31-682270883
[email protected]

SOURCE Lucintel

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