New Jersey Headlines

Grand View Research, Inc. – Market Research And Consulting.

According to a report ,“Flavors and Fragrances Market Size, Share & Trends Analysis Report By Product (Natural, Aroma), By Application (Flavors, Fragrances), By Region, And Segment Forecasts, 2019 – 2025″ published by Grand View Research, Inc., The global flavors and fragrances market size is anticipated to reach USD 28.64 billion by 2025. It is projected to expand at a CAGR of 4.7% during the forecast period. Flavors and fragrances deliver long-lasting sensory impressions, when applied through medical products, beverage, food, and other substances. These products enrich the overall aesthetic value and appeal of consumer goods.

Key Takeaways from the report:

• Aroma chemicals is projected to hold the largest share of flavors and fragrances market with more than 70.0% in terms of revenue by 2025

• Increasing cost of R&D for fragrance compounds is expected to support the demand for aroma chemicals over the forecasts period

• Essential oils are anticipated to grow as the fastest as well as largest emerging natural product segment

• Demand for orange essential oil was valued at USD 1.64 billion in 2018

• Fragrances application segment is predicted to lead the market and is projected to register a CAGR of 5.0% from 2019 to 2025

• Asia Pacific is expected to register the fastest CAGR on account of availability of raw materials and increasing demand

Browse More Reports in Food Additives & Nutricosmetics Industry:

• Seasoning And Spices Market : Growing commercial sector and rapid urbanization across the globe are driving the demand for HVAC equipment.  
• Curcumin Market :  Changing taste preferences of consumers, along with rising disposable income, and presence of a large number of international as well as local players across the industry value chain are among the key trends escalating market growth.

Flavors and fragrances are generally manufactured using essential oils and volatile chemicals to enhance existing flavors or to provide a precise flavor. The products are primarily categorized into natural and synthetic. Rising demand for natural and fresh products has added to exponential growth of the market.

Increasing demand for ready-to-eat and convenience foods, health and wellness foods coupled with technological advancements are predicted to trigger the flavors and fragrances market growth. Increasing consumer disposable income along with rapid industrialization in developing countries such as India and China is estimated to fuel the food flavors market.

Owing to the massive demand for natural products, forests have been chopped down to develop minute quantity of oil. Numerous arable lands have also been transformed into monoculture farming lands to nurture a single crop or plant gain a particular oil. This, in turn, has led to restricted availability of raw materials for natural products.

Flavor and fragrance producers operate by collaborating with artists, filmmakers, writers, musicians, and scientists to knock into artistic minds to reveal perfumes to new as well as constantly developing creative approaches and territories. Manufacturers also build creative teams which comprise fragrance perfumers, flavorists, and evaluators.

Grand View Research has segmented the global flavors and fragrances market on the basis of product, application and region:

Flavors and Fragrances Product Outlook (Revenue, USD Million, 2014 – 2025)

• Natural

  • Essential Oils

    • Orange

      • Limonene

      • Myrcene

      • Others

    • Corn Mint

      • Menthol

      • Menthone

      • Others

    • Eucalyptus

      • Eucalyptol

      • Limonene

      • Others

    • Pepper Mint

      • Menthol

      • Menthone

      • Others

    • Lemon

      • Pinene

      • Limonene

      • Camphene

  • Oleoresins

    • Paprika

      • Piperine

      • Others

    • Black Pepper

      • Piperine

      • Others

    • Turmeric

      • Curcumin

      • Others

    • Ginger

    • Gingerol

    • Others

  • Others

• Aroma Chemicals

  • Esters

    • Ethyl acetate

    • Benzyl acetate

    • Ethyl benzoate

    • Methyl decanoate

    • Others

  • Alcohol

    • Lauryl alcohol

    • Menthol

    • Others

  • Aldehyde

    • Benzaldehyde

    • Vanillin

    • Others

  • Phenol

    • Ethylvanillin

    • Others

  • Others

Flavors and Fragrances Application Outlook (Revenue, USD Million, 2014 – 2025)

• Flavors

  • Confectionary

  • Convenience Foods

  • Bakery Food

  • Dairy Food

  • Beverages

  • Others

• Fragrances

  • Fine fragrances

  • Cosmetics and Toiletries

  • Soaps & Detergents

  • Others

Flavors and Fragrances Regional Outlook (Revenue, USD Million, 2014 – 2025)

• North America

  • U.S

• Europe

  • Germany

  • U.K.

  • France

• Asia Pacific

  • China

  • India

  • Japan

• Middle East & Africa

  • Saudi Arabia

• Central and South America

• Brazil

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: https://www.grandviewresearch.com/

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: Switzerland
Website: www.grandviewresearch.com/industry-analysis/flavors-fragrances-market