Global Flavor and Fragrance Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

Flavor and fragrance are defined as substances that give another substance pleasant odor, altering the characteristics of the solute, causing it to become sweet, sour, tangy, etc.
Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. Fragrances are mainly used in fine fragrances and consumer products including body care, home care and oral care.
Flavor and fragrance are widely used in food and beverage market, and daily chemicals for personal care and household products, and fine fragrance and beauty care. The key factors driving the growth of the aforementioned industry are increasingly flavor and fragrance consumption. The expansions of application drive the market growth and support the growth of this market over forecast period. Flavor and fragrance industry will usher in a stable growth space.
In the past few years, the price of flavor and fragrance decreased and we expect the price has pressure to increase in short time. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of flavor and fragrance. Therefore, to some extent, the companies face the risk of profit decline.

Market Analysis and Insights: Global Flavor and Fragrance Market
In 2019, the global Flavor and Fragrance market size was US$ 27120 million and it is expected to reach US$ 33430 million by the end of 2026, with a CAGR of 3.0% during 2021-2026.
Global Flavor and Fragrance Scope and Market Size
Flavor and Fragrance market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Flavor and Fragrance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Flavor and Fragrance market is segmented into
Flavor
Fragrance

Segment by Application, the Flavor and Fragrance market is segmented into
Food and Beverages
Daily Chemicals
Tobacco Industry

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Flavor and Fragrance Market Share Analysis
Flavor and Fragrance market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Flavor and Fragrance product introduction, recent developments, Flavor and Fragrance sales by region, type, application and by sales channel.

The major companies include:
Givaudan
Firmenich
IFF
Symrise
Takasago
WILD Flavors
Mane
International Flavors＆Fragrances
Sensient
Robertet SA
T. Hasegawa
Kerry
McCormick
Synergy Flavor
Prova
Huabao
Yingyang
Zhonghua
Shanghai Apple
Wanxiang International
Boton

Frequently Asked Questions