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Ramesh Jadhav @go_65a636277bcc8
Flavors And Fragrances Market Size Expected To Reach USD 32.81 Billion With CAGR 4.2% By 2030 | IMR

The Global Flavors and Fragrances Market size is expected to grow from USD 23.61 billion in 2022 to USD 32.81 billion by 2030, at a CAGR of 4.2% during the forecast period (2023-2030).

Flavors and fragrances create scents and tastes for application in an extensive range of consumer products, incorporating prepared foods, personal care, and fine fragrances, household products, cosmetics, and beverages. Natural and synthetic flavor compositions are accountable for the fruity taste of cherry cola and the cool mint flavor of toothpaste. Fragrance compositions mix the fresh scent of pine to household cleaning products and exotic top notes to fine perfumes. Due to these characteristics, the fragrance and flavor are mostly used in perfumes and perfumed products and for the flavoring of food. Whether a product is known as a fragrance or a flavor substance depends on its application and end-users. Additionally, the fragrances and flavors are obtained from synthetic or natural sources.

Prominent Key Players – Covered in the report:

The Archer Daniels Midland Company (ADM) (US), Kerry Group (Ireland), Mane SA (France), Givaudan (Switzerland), Bell Flavors & Fragrances (US), Firmenich SA (Switzerland), International Flavors & Fragrances (IFF) (US), Sensient Technologies (US), Symrise AG (Germany), Takasago (Japan), Robertet (France), Frutarom (Israel), T. Hasegawa (Japan), Huabao (China), Ogawa & Co.Ltd. (Japan) and Other Major Players.

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08:30 AM - Feb 12, 2024 (UTC)

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