Title: Flavors and Fragrance Market - Forecast(2021 - 2026)
1Flavors and Fragrance MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The market size of flavors fragrances is
estimated to be USD 29.0 billion in 2021 and is
projected to reach USD 37.3 billion by 2026, at a
CAGR of 5.1 between 2021 and 2026. - . The growth of the flavors fragrances market
is primarily supported by the growing population
in emerging economies such as China, India,
Indonesia, South Korea, Brazil, and South Africa. - The demand for flavors and fragrances is also due
to the increase in awareness among the population
about the benefits of the ingredients used in
food products and consumer products in countries
such as the US, Japan, France, Canada, Germany,
and the UK.
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- Key Takeaways
- The flavors and fragrances industry has been
segmented on the basis oftype, nature,
application, and region. On the basis oftype, the
market is divided intoflavors and fragrance. - By nature, it is divided into natural and
synthetic. On the basis of application, it is
categorized into food beverages, cosmetics
personal care, home care and fabric care. - On the basis of type, the flavors
segmentconstituted a major flavors and fragrances
market share in 2019 however, the fragrances
segment is projected to experience growth at the
highest CAGR during the forecast period
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By Distribution Channel- Segment Analysis The
demand for flavors and fragrances is also
attributed to changing consumer preferences
toward convenience food and increasing demand for
consumer products. Stringent government
regulations on the use of synthetic flavors and
fragrances in Japan, China, the US, and European
countries are restricting the growth of the
flavors fragrances market. APAC is the key
market for flavors fragrances globally,
followed by Europe and North America, in terms of
value.
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- Noodles Market Industry Outlook
- Givaudan (Switzerland),
- Firmenich SA (Switzerland),
- International Flavors Fragrances (IFF) (US),
- Symrise AG (Germany),
- Takasago (Japan),
- The Archer Daniels Midland Company (ADM) (US),
- Sensient Technologies (US),
- Mane SA (France),
- Robertet (France), T.
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Flavors and Fragrance Market
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/166
28/flavorsfragrances-market.html
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