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Global Flavors and Fragrances Market Will Grow at CAGR 6.3 % - Industry Size, Growth, Analysis, Forecast

Market Research Store : Published latest report on "Global Flavors and Fragrances Market Outlook (2014-2022)" into their database.


Deerfield Beach, FL -- (SBWIRE) -- 12/11/2015 -- 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 the market. Increasing demand for natural flavors is the key trend of the market. High disposable income of consumer, increase in lifestyle adding to the boom of this market.

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Flavors and Fragrances Market is segmented by technology, by application, by product and by geography. Depending on the various technologies, market is categorized into Cold Extraction Technology, Conventional Technologies, Supercritical Fluid Extraction, Enzymatic Routes and Flavor Encapsulation. Based on product, market is classified as Flavor Blends, Fragrance Blendsv and Aroma Chemicals. Based on applications, market is segregated as Beverages, Confectionary and Bakery Products, Dairy Products, Oral Care, Cosmetics and Toiletries, Soap & Detergent, Household and Other Products. By geography,the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America and Europe were the largest regions in terms of consumption of flavor and fragrance.

The key players in the Flavors and Fragrances Market include Agilex Flavors & Fragrances Inc., Art & Fragrance Sa, Bell Flavors & Fragrances Inc., Comax Manufacturing Corp., International Flavors & Fragrances Inc., Interparfums Inc., Jacques Bogart Sa, Robertet Sa, Sensient Technologies Corp. and Symrise Ag.

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This study highlights current dynamics and developments in the Flavors and Fragrances market. The report incorporates in-depth analysis of the market growth drivers as well as the inhibiting factors in the Flavors and Fragrances market. The scope of the report covers an extensive evaluation pertaining to the winning imperatives and stakeholder strategies through a presentation of the segmentation of Flavors and Fragrances market in the report.

The numerous factors stimulating this market have been evaluated in the sections of this report. Along with the regional analysis, the current trends in the Flavors and Fragrances market, coupled with the reasons behind the development of some unique segments, have additionally been described in this Flavors and Fragrances market report. The report highlights the competitive landscape by elaborating on the current mergers and acquisitions (M&A), product developments, and venture funding that took place in the Flavors and Fragrances market in the recent past.

The section pertaining to the company profiles explains the dominance of the key players in the Flavors and Fragrances market and an evaluation on the major strategies employed by these key players in order to gain a bigger share in the Flavors and Fragrances market. This will help enhance the understanding on the competitors as well as help in gaining strong insights for strengthening one's position in the Flavors and Fragrances market.

There are numerous factors that are considered in order to provide the analysis and forecast of the Flavors and Fragrances market. Some of the factors are technological, political, social, and economic Flavors and Fragrances market factors. Various analytical tools such as Porter's Five Forces Analysis and Flavors and Fragrances market SWOT analysis are utilized to analyze the data of the Flavors and Fragrances market and help provide a better understanding of the market. The data has been presented via charts, tables, and graphics in Flavors and Fragrances market research report. This visual presentation of the data is very useful in providing a clearer view of the leading applications, end users, and key segments of the Flavors and Fragrances market.