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.
The global Flavors and Fragrances market was valued at US$ 28840 million in 2023 and is anticipated to reach US$ 37130 million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.
The technical barriers of flavor and fragrance are relatively not high, but the market monopoly is rather serious. The top four enterprises including Givaudan, Firmenich, IFF, and Symrise, occupied more than 53% market share of total sales amount. Other relatively large companied include Takasago, WILD Flavors, Mane, Frutarom, Sensient, Robertet SA, T. Hasegawa, and Boton.
This report aims to provide a comprehensive presentation of the global market for Flavors and Fragrances, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Flavors and Fragrances.
Report Scope
The Flavors and Fragrances market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Flavors and Fragrances market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Flavors and Fragrances manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Firmenich
Givaudan
International Flavors & Fragrances
Symrise
Takasago
International Flavors&Fragrances
MANE
Robertet Group
Sensient Technologies Corporation
Segment by Type
Formulated Flavors and Fragrances
Essential Oils
Aroma Chemicals
Other
Segment by Application
Personal Care Products
Food & Beverages
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Flavors and Fragrances manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Flavors and Fragrances by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Flavors and Fragrances in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Flavors and Fragrances Market Overview
1.1 Product Definition
1.2 Flavors and Fragrances Segment by Type
1.2.1 Global Flavors and Fragrances Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Formulated Flavors and Fragrances
1.2.3 Essential Oils
1.2.4 Aroma Chemicals
1.2.5 Other
1.3 Flavors and Fragrances Segment by Application
1.3.1 Global Flavors and Fragrances Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Personal Care Products
1.3.3 Food & Beverages
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Flavors and Fragrances Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Flavors and Fragrances Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Flavors and Fragrances Production Estimates and Forecasts (2019-2030)
1.4.4 Global Flavors and Fragrances Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Flavors and Fragrances Production Market Share by Manufacturers (2019-2024)
2.2 Global Flavors and Fragrances Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Flavors and Fragrances, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Flavors and Fragrances Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Flavors and Fragrances Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Flavors and Fragrances, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Flavors and Fragrances, Product Offered and Application
2.8 Global Key Manufacturers of Flavors and Fragrances, Date of Enter into This Industry
2.9 Flavors and Fragrances Market Competitive Situation and Trends
2.9.1 Flavors and Fragrances Market Concentration Rate
2.9.2 Global 5 and 10 Largest Flavors and Fragrances Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Flavors and Fragrances Production by Region
3.1 Global Flavors and Fragrances Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Flavors and Fragrances Production Value by Region (2019-2030)
3.2.1 Global Flavors and Fragrances Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Flavors and Fragrances by Region (2025-2030)
3.3 Global Flavors and Fragrances Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Flavors and Fragrances Production by Region (2019-2030)
3.4.1 Global Flavors and Fragrances Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Flavors and Fragrances by Region (2025-2030)
3.5 Global Flavors and Fragrances Market Price Analysis by Region (2019-2024)
3.6 Global Flavors and Fragrances Production and Value, Year-over-Year Growth
3.6.1 North America Flavors and Fragrances Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Flavors and Fragrances Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Flavors and Fragrances Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Flavors and Fragrances Production Value Estimates and Forecasts (2019-2030)
4 Flavors and Fragrances Consumption by Region
4.1 Global Flavors and Fragrances Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Flavors and Fragrances Consumption by Region (2019-2030)
4.2.1 Global Flavors and Fragrances Consumption by Region (2019-2024)
4.2.2 Global Flavors and Fragrances Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Flavors and Fragrances Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Flavors and Fragrances Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Flavors and Fragrances Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Flavors and Fragrances Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Flavors and Fragrances Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Flavors and Fragrances Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Flavors and Fragrances Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Flavors and Fragrances Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Flavors and Fragrances Production by Type (2019-2030)
5.1.1 Global Flavors and Fragrances Production by Type (2019-2024)
5.1.2 Global Flavors and Fragrances Production by Type (2025-2030)
5.1.3 Global Flavors and Fragrances Production Market Share by Type (2019-2030)
5.2 Global Flavors and Fragrances Production Value by Type (2019-2030)
5.2.1 Global Flavors and Fragrances Production Value by Type (2019-2024)
5.2.2 Global Flavors and Fragrances Production Value by Type (2025-2030)
5.2.3 Global Flavors and Fragrances Production Value Market Share by Type (2019-2030)
5.3 Global Flavors and Fragrances Price by Type (2019-2030)
6 Segment by Application
6.1 Global Flavors and Fragrances Production by Application (2019-2030)
6.1.1 Global Flavors and Fragrances Production by Application (2019-2024)
6.1.2 Global Flavors and Fragrances Production by Application (2025-2030)
6.1.3 Global Flavors and Fragrances Production Market Share by Application (2019-2030)
6.2 Global Flavors and Fragrances Production Value by Application (2019-2030)
6.2.1 Global Flavors and Fragrances Production Value by Application (2019-2024)
6.2.2 Global Flavors and Fragrances Production Value by Application (2025-2030)
6.2.3 Global Flavors and Fragrances Production Value Market Share by Application (2019-2030)
6.3 Global Flavors and Fragrances Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Firmenich
7.1.1 Firmenich Flavors and Fragrances Corporation Information
7.1.2 Firmenich Flavors and Fragrances Product Portfolio
7.1.3 Firmenich Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Firmenich Main Business and Markets Served
7.1.5 Firmenich Recent Developments/Updates
7.2 Givaudan
7.2.1 Givaudan Flavors and Fragrances Corporation Information
7.2.2 Givaudan Flavors and Fragrances Product Portfolio
7.2.3 Givaudan Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Givaudan Main Business and Markets Served
7.2.5 Givaudan Recent Developments/Updates
7.3 International Flavors & Fragrances
7.3.1 International Flavors & Fragrances Flavors and Fragrances Corporation Information
7.3.2 International Flavors & Fragrances Flavors and Fragrances Product Portfolio
7.3.3 International Flavors & Fragrances Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.3.4 International Flavors & Fragrances Main Business and Markets Served
7.3.5 International Flavors & Fragrances Recent Developments/Updates
7.4 Symrise
7.4.1 Symrise Flavors and Fragrances Corporation Information
7.4.2 Symrise Flavors and Fragrances Product Portfolio
7.4.3 Symrise Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Symrise Main Business and Markets Served
7.4.5 Symrise Recent Developments/Updates
7.5 Takasago
7.5.1 Takasago Flavors and Fragrances Corporation Information
7.5.2 Takasago Flavors and Fragrances Product Portfolio
7.5.3 Takasago Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Takasago Main Business and Markets Served
7.5.5 Takasago Recent Developments/Updates
7.6 International Flavors&Fragrances
7.6.1 International Flavors&Fragrances Flavors and Fragrances Corporation Information
7.6.2 International Flavors&Fragrances Flavors and Fragrances Product Portfolio
7.6.3 International Flavors&Fragrances Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.6.4 International Flavors&Fragrances Main Business and Markets Served
7.6.5 International Flavors&Fragrances Recent Developments/Updates
7.7 MANE
7.7.1 MANE Flavors and Fragrances Corporation Information
7.7.2 MANE Flavors and Fragrances Product Portfolio
7.7.3 MANE Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.7.4 MANE Main Business and Markets Served
7.7.5 MANE Recent Developments/Updates
7.8 Robertet Group
7.8.1 Robertet Group Flavors and Fragrances Corporation Information
7.8.2 Robertet Group Flavors and Fragrances Product Portfolio
7.8.3 Robertet Group Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Robertet Group Main Business and Markets Served
7.7.5 Robertet Group Recent Developments/Updates
7.9 Sensient Technologies Corporation
7.9.1 Sensient Technologies Corporation Flavors and Fragrances Corporation Information
7.9.2 Sensient Technologies Corporation Flavors and Fragrances Product Portfolio
7.9.3 Sensient Technologies Corporation Flavors and Fragrances Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sensient Technologies Corporation Main Business and Markets Served
7.9.5 Sensient Technologies Corporation Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Flavors and Fragrances Industry Chain Analysis
8.2 Flavors and Fragrances Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Flavors and Fragrances Production Mode & Process
8.4 Flavors and Fragrances Sales and Marketing
8.4.1 Flavors and Fragrances Sales Channels
8.4.2 Flavors and Fragrances Distributors
8.5 Flavors and Fragrances Customers
9 Flavors and Fragrances Market Dynamics
9.1 Flavors and Fragrances Industry Trends
9.2 Flavors and Fragrances Market Drivers
9.3 Flavors and Fragrances Market Challenges
9.4 Flavors and Fragrances Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Firmenich
Givaudan
International Flavors & Fragrances
Symrise
Takasago
International Flavors&Fragrances
MANE
Robertet Group
Sensient Technologies Corporation
*If Applicable.