Flavors & Fragrances Market by Nature (Natural, Synthetic), Type (Flavors, Fragrance), Product, Application - Global Forecast 2023-2030

Flavors & Fragrances Market by Nature (Natural, Synthetic), Type (Flavors, Fragrance), Product, Application - Global Forecast 2023-2030


The Flavors & Fragrances Market size was estimated at USD 29.21 billion in 2022 and expected to reach USD 31.12 billion in 2023, at a CAGR 5.22% to reach USD 43.90 billion by 2030 .

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Flavors & Fragrances Market.
  • Based on Nature, market is studied across Natural and Synthetic. The Natural is projected to witness significant market share during forecast period.
  • Based on Type, market is studied across Flavors and Fragrance. The Fragrance is projected to witness significant market share during forecast period.
  • Based on Product, market is studied across Essential Oils and Oleoresins. The Essential Oils is further studied across Corn Mint, Eucalyptus, Lemon, Orange, and Pepper Mint. The Corn Mint is further studied across Menthol and Menthone. The Eucalyptus is further studied across Eucalyptol and Limonene. The Lemon is further studied across Camphene, Limonene, and Pinene. The Orange is further studied across Limonene and Myrcene. The Pepper Mint is further studied across Menthol and Menthone. The Oleoresins is further studied across Black Pepper, Ginger, Gingerol, Paprika, and Turmeric. The Oleoresins is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Flavors and Fragrances. The Flavors is further studied across Bakery Food, Beverages, Confectionary, Convenience Foods, and Dairy Food. The Fragrances is further studied across Cosmetics & Toiletries, Fine Fragrances, and Soaps & Detergents. The Fragrances is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Flavors & Fragrances Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Flavors & Fragrances Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Flavors & Fragrances Market, highlighting leading vendors and their innovative profiles. These include Archer-Daniels-Midland Company, BASF SE, Bell Flavors & Fragrances Inc., DuPont de Nemours Inc., Firmenich SA, Frutarom Industries Ltd., Givaudan SA, Huabao International Holdings Limited, International Flavors & Fragrances Inc., Kerry Group plc, Mane SA, McCormick & Company, Merck Group, Ogawa & Co. Ltd., Robertet Group, and Sensient Technologies Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Flavors & Fragrances Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Flavors & Fragrances Market?
  3. What is the competitive strategic window for identifying opportunities in the Flavors & Fragrances Market?
  4. What are the latest technology trends and regulatory frameworks in the Flavors & Fragrances Market?
  5. What is the market share of the leading vendors in the Flavors & Fragrances Market?
  6. Which modes and strategic moves are suitable for entering the Flavors & Fragrances Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Flavors & Fragrances Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing utilization across food and beverage processing sectors worldwide
5.1.1.2. Rising consumer expenditure for personal care products
5.1.1.3. Advancements in processing and packaging of flavors and fragrances
5.1.2. Restraints
5.1.2.1. Fluctuation in raw material prices
5.1.3. Opportunities
5.1.3.1. Introduction of novel flavors and fragrance
5.1.3.2. Rapid growth in flavors and fragrances trades
5.1.4. Challenges
5.1.4.1. Possible allergic impacts of artificial flavors and fragrances
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Flavors & Fragrances Market, by Nature
6.1. Introduction
6.2. Natural
6.3. Synthetic
7. Flavors & Fragrances Market, by Type
7.1. Introduction
7.2. Flavors
7.3. Fragrance
8. Flavors & Fragrances Market, by Product
8.1. Introduction
8.2. Essential Oils
8.3.1. Corn Mint
8.3.2.1. Menthol
8.3.2.2. Menthone
8.3.2. Eucalyptus
8.3.3.1. Eucalyptol
8.3.3.2. Limonene
8.3.3. Lemon
8.3.4.1. Camphene
8.3.4.2. Limonene
8.3.4.3. Pinene
8.3.4. Orange
8.3.5.1. Limonene
8.3.5.2. Myrcene
8.3.5. Pepper Mint
8.3.6.1. Menthol
8.3.6.2. Menthone
8.3. Oleoresins
8.4.1. Black Pepper
8.4.2. Ginger
8.4.3. Gingerol
8.4.4. Paprika
8.4.5. Turmeric
9. Flavors & Fragrances Market, by Application
9.1. Introduction
9.2. Flavors
9.3.1. Bakery Food
9.3.2. Beverages
9.3.3. Confectionary
9.3.4. Convenience Foods
9.3.5. Dairy Food
9.3. Fragrances
9.4.1. Cosmetics & Toiletries
9.4.2. Fine Fragrances
9.4.3. Soaps & Detergents
10. Americas Flavors & Fragrances Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Flavors & Fragrances Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Flavors & Fragrances Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Archer-Daniels-Midland Company
14.1.2. BASF SE
14.1.3. Bell Flavors & Fragrances Inc.
14.1.4. DuPont de Nemours Inc.
14.1.5. Firmenich SA
14.1.6. Frutarom Industries Ltd.
14.1.7. Givaudan SA
14.1.8. Huabao International Holdings Limited
14.1.9. International Flavors & Fragrances Inc.
14.1.10. Kerry Group plc
14.1.11. Mane SA
14.1.12. McCormick & Company
14.1.13. Merck Group
14.1.14. Ogawa & Co. Ltd.
14.1.15. Robertet Group
14.1.16. Sensient Technologies Corporation
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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