Futuristic Research on Global Flavors and Fragrances Market 2015 Industry Outlook 2022
The Global Flavors and Fragrances Market is estimated to be $27.4 billion in 2014 and is expected to reach $44.6 billion by 2022 growing at a CAGR of 6.3% during forecast period 2014 to 2022. The market is driven by companies that manufacture food and beverages, toiletries, perfumes, cosmetics and household products. Emerging Middle Class in Developing Countries acts as the growth factor of the market. Whereas factors such as huge raw material prices acts as restrains for growth of...
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