Flavors And Fragrances Market Type and Application 2014 - 2025

The global flavors and fragrance market is expected to reach USD 28.65 billion by 2025, according to a new report by Radiant insights, inc. Flavors & fragrances provide lasting sensory impressions, often determined when subtly applied via food, beverage, medical products, and other substances. These products enhance the overall appeal and aesthetic value of consumer goods.

Flavors & fragrances are mostly prepared using volatile chemicals and essential oils to deliver a particular flavor or enhance existing flavors. The products are mainly categorized into natural and synthetic. Increasing consumer demand for fresh and natural products has contributed to exponential segment growth.

Rising demand for convenience and ready-to-eat meals, health, and wellness foods, as well as technological advancements, are expected to boost market growth. Rapid industrialization and increasing consumer disposable incomes in emerging economies such as China and India are also projected to foster the global food flavors market over the forecast period.

Owing to the enormous demand for natural products, many forests have been chopped down to derive minuscule amounts of oil. Several arable lands have also been converted into monoculture farming lands to cultivate a single plant or crop to obtain particular oil. This, in turn, has resulted in limited availability of raw materials for natural products.

Flavors & fragrances manufacturers operate through collaborations with scientists, artists, musicians, writers, and filmmaker to tap into creative minds to expose perfumes to new and constantly evolving creative territories and approaches. Manufacturers also form creative teams that comprise fragrance evaluators, perfumers, and flavorists.

Download full research Report @ http://www.radiantinsights.com/research/flavors-and-fragrances-market

Further key findings from the report suggest:

Aroma chemicals are expected to maintain the largest market share and are likely to account for 64.6% of the revenue generated in 2025

Increasing research expenditure on developing fragrance compounds is expected to support the demand for aroma chemicals in upcoming years

Essential oils are expected to emerge as the largest as well as fastest growing natural product segment

Orange essential oil demand was valued at USD 1,404.8 million in 2015

Fragrances application segment is estimated to dominate the market while the valuation of flavors is projected to grow at a CAGR of 4.1% from 2016 to 2025

Asia Pacific is projected to grow at the highest CAGR on account of availability of the raw material and increasing demand

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Table of Contents

Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources

Chapter 2 Executive Summary
2.1 Market snapshot

Chapter 3 Flavors & Fragrances Market Variables, Trends, & Scope
3.1 Market segmentation
3.2 Market size and growth prospects, 2014 - 2025
3.3 Flavors & fragrances market value chain analysis
3.4 Trade statistics data, 2012 to 2015
3.4.1 Import
3.4.2 Export
3.5 CAS numbers by key product
3.6 Natural versus synthetic ingredients
3.7 Price trend analysis
3.8 Market dynamics
3.8.1 Market driver analysis
3.8.1.1 Growing key end-use industries
3.8.2 Market restraint analysis
3.8.2.1 Limited availability of raw materials
3.8.2.2 Stringent regulatory environment
3.9 Key market opportunities - prioritized
3.10 New development areas

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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:

Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
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City: San Francisco
State: California
Country: United States

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