Global Flavors & Fragrances Market Overview

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. Despite wide applications of flavor and fragrances from synthetic sources, natural sources provide flavor and fragrance materials that are unique and effective.

Global utilization of flavor and fragrance (F&F) products flavor and fragrance compositions as well as the natural extracts, essential oils, and aroma chemicals that serve as starting materials. The application of aroma chemicals has increased at the expense of beneficial oils and extracts of natural origin. Synthetic aroma chemicals generally provide security of supply and price stability, whereas essential oils and natural extracts can be subject to supply scarcity and price volatility. According to Statista, flavor and fragrance (F&F) are both components that can be found in an extensive variety of consumer goods. The value of the global flavor and fragrance market amounted to some 35 billion U.S. dollars in 2019 and gained almost 36 billion in 2020. As per the market value, the largest of the three divisions within the Flavors and Fragrances industry was the flavor division in 2020. The fragrance came in second, although aroma molecules and cosmetic ingredients manufactured the smallest division.

COVID-19 Impact on the Flavors and Fragrances Market

The COVID-19 crisis has affected many sectors across the globe. The flavors & fragrances market is anticipated to be moderately influenced owing to interruptions in the global supply chain. The market is highly dependent on the food & beverage and consumer products market. China is a major market exporter and industrial manufacturers. Stringent lockdowns in the country's major region influenced industrial activities in the country. The demand for flavors and fragrances products decreased significantly in the first quarter of 2020, mainly owing to the spread of COVID-19. China is among the highest manufacturers of flavors & fragrances. Nevertheless, the requirement for convenient food and increased production of consumer products such as personal care, home care, and fabric care expanded the production of flavors & fragrances in the nation. North America and Europe have also been poorly influenced by COVID-19; therefore, an economic recession is anticipated in the US, Canada, Italy, and Spain in the next two to three years. As exports from China are anticipated to decline, the profit margins of flavors & fragrances dealers will also be influenced; the price of flavors & fragrances is projected to grow during the forecast period.

Market Dynamics For The Flavors And Fragrances Market

Drivers:

Growing demand for ready-to-eat and convenience foods, health and wellness foods integrated with technological developments are anticipated to trigger the flavors and fragrances market growth. Rising consumer disposable income along with significant industrialization in emerging economies such as India and China are estimated to accelerate the food flavors market.

Furthermore, convenience foods are commercially processed food products that required little or no further preparation before utilization. They include preserved foods, packaged foods, and ready-to-eat food products. To improve the taste of these products, individual flavor ingredients are added to these food products. Significant urbanization and growth in the working-class population in emerged and emerging economies have increased utilization of convenience foods. Additionally, the growing disposable income of the middle-class population and rising expenditure on convenience foods are anticipated to drive the demand for convenience foods, which in turn, will drive the demand for flavors. In most European and North American economies, a majority of the women population is working, which decreases their time available to cook at home. Owing to this, convenience food becomes an easy solution as it is tasty as well as healthy. Frozen food is also easy to utilize, consume, and store for a longer time, therefore making it more convenient for single households; these factors also add to the popularity of these products among the younger individuals.

Restraints:

Varying prices of raw materials are anticipated to discourage the demand in this market. Stringent rules and regulations imposed by various governments over the economies on using flavors and fragrances such as US Food and Drug Administration (FDA), European Food Safety Authority, and International Fragrance Association (IFRA). These strict regulations can delay or prevent the introduction of new products, raise the prices of any latest product launched in the market, and may lead to product recalls. Hence, implementation of new regulations and modifications in addition to the existing regulations poorly affect the growth of the flavors and fragrances market over the forecast period.

Opportunities:

Significant growth in industrialization over the world has led to the growth of huge production of scented or flavored products such as processed food and beverages, soaps, household cleaners, personal care products, detergents, and oral hygiene products. Furthermore, the growing demand for natural ingredients over a large number of consumers could turn the demand in the flavors and fragrances market.

Moreover, the rising and trending digitalization of the retail industry may create a lucrative opportunity for the flavors and fragrances market.  Consumers are induced toward online shopping owing to features of convenience and variety. Gartner has forecasted an increase of 3.6% globally in tech retail spending, which might amount to $218.5 billion by 2021 over the globe. Moreover, factors such as growing smartphone usage, dedicated apps, and developing payment methods accelerate the overall online grocery market, therefore subscribing to the growth of the flavors and fragrance market.

Market Segmentation

Segmentation Analysis of Flavors and Fragrances Market:

Based on Ingredient Type, the synthetic segment is accounts for the maximum flavors and fragrance market share and is estimated to remain dominant over the forecast period. Synthetic flavors are prepared from a complex mixture of chemical compounds. Usage of synthetic flavors and fragrances has increased in food & beverages and cosmetics & personal care industries due to its low cost and more life span properties.

Based on Application, the Bakery segment is anticipated to grow owing to an increase in demand for aspirational purchase of global drink brands and rising demand for dietary drinks due to the growing percentage of health-conscious individuals. The consumer products segment is projected to grow owing to augment of organized retail chains, switching lifestyles, and the growing demand for various consumer products such as home care and personal care products

Regional Analysis of Flavors and Fragrances Market:

Asia Pacific region is expected to hold maximum flavors and fragrance market share during the forecast period. Augmenting economic development in developing economies such as India and is considered responsible for the dominance of Asia Pacific. Additionally, growing countries are rising at a significant rate, thus, the investors are investing heavily in these markets. This is probably to produce massive growth opportunities for the flavor and fragrances market. The demand for flavor and fragrances is anticipated to remain high in developed countries.

The North American market for flavor and fragrance is developed and thoroughly stable. Therefore, there is a high potential for transformed growth, as the market regains from the economic deflation. The United States is the maximum market for flavors and fragrances in the region, followed by Canada, due to the high utilization of convenience and processed food. Due to the United States' fast-paced food and beverage industries, foreign companies are strengthening their footprints in the country to deliver the most innovative nutritional flavors to serve the rising demand of consumers.​

European economies have had a strong base in the application of flavors and fragrances for the past few decades. Major industries such as beverages, bakery, dairy products, consumer products, and savory & snacks, use flavors and fragrance to add value to the product. Beverages and consumer products are the maximum end-use industries of flavors and fragrances market, respectively.

Players Covered in Flavors & Fragrances Market are:

• 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.

Key Industry Developments In Flavors And Fragrances Market

• In October 2020, IFF declared the introduction of the latest Dubai Taste Creation Center in the United Arab Emirates to serve its customers' unique requirements better and drive growth in the African, Turkish, Middle Eastern, and Indian markets. The new lab will assist both the creation and application needs of all key categories, such as savory, sweet, snacks, beverages and dairy.​
• In 2020, Givaudan agreed on research collaborated with Novozymes and will jointly work on the research and development of innovative sustainable solutions in the areas of food and cleaning.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Flavors And Fragrances Market by Product Type
 5.1 Flavors And Fragrances Market Overview Snapshot and Growth Engine
 5.2 Flavors And Fragrances Market Overview
 5.3 Natural
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Natural: Grographic Segmentation
 5.4 Synthetic
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Synthetic: Grographic Segmentation

Chapter 6: Flavors And Fragrances Market by Application
 6.1 Flavors And Fragrances Market Overview Snapshot and Growth Engine
 6.2 Flavors And Fragrances Market Overview
 6.3 Confectionary & Bakery Products
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Confectionary & Bakery Products: Grographic Segmentation
 6.4 Dairy Products
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Dairy Products: Grographic Segmentation
 6.5 Soap & Detergent
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Soap & Detergent: Grographic Segmentation
 6.6 Beverages
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Beverages: Grographic Segmentation
 6.7 Cosmetics & Toiletries
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Cosmetics & Toiletries: Grographic Segmentation
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Flavors And Fragrances Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Flavors And Fragrances Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Flavors And Fragrances Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 THE ARCHER DANIELS MIDLAND COMPANY
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 KERRY GROUP
 7.4 MANE SA
 7.5 GIVAUDAN
 7.6 BELL FLAVORS & FRAGRANCES
 7.7 FIRMENICH SA
 7.8 INTERNATIONAL FLAVORS & FRAGRANCES
 7.9 SENSIENT TECHNOLOGIES
 7.10 SYMRISE AG
 7.11 TAKASAGO
 7.12 ROBERTET
 7.13 FRUTAROM
 7.14 T. HASEGAWA
 7.15 HUABAO
 7.16 OGAWA & CO.LTD.
 7.17 OTHER MAJOR PLAYERS

Chapter 8: Global Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Product Type
  8.2.1 Natural
  8.2.2 Synthetic
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Confectionary & Bakery Products
  8.3.2 Dairy Products
  8.3.3 Soap & Detergent
  8.3.4 Beverages
  8.3.5 Cosmetics & Toiletries
  8.3.6 Others

Chapter 9: North America Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Product Type
  9.4.1 Natural
  9.4.2 Synthetic
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Confectionary & Bakery Products
  9.5.2 Dairy Products
  9.5.3 Soap & Detergent
  9.5.4 Beverages
  9.5.5 Cosmetics & Toiletries
  9.5.6 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Product Type
  10.4.1 Natural
  10.4.2 Synthetic
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Confectionary & Bakery Products
  10.5.2 Dairy Products
  10.5.3 Soap & Detergent
  10.5.4 Beverages
  10.5.5 Cosmetics & Toiletries
  10.5.6 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Product Type
  11.4.1 Natural
  11.4.2 Synthetic
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Confectionary & Bakery Products
  11.5.2 Dairy Products
  11.5.3 Soap & Detergent
  11.5.4 Beverages
  11.5.5 Cosmetics & Toiletries
  11.5.6 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Natural
  12.4.2 Synthetic
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Confectionary & Bakery Products
  12.5.2 Dairy Products
  12.5.3 Soap & Detergent
  12.5.4 Beverages
  12.5.5 Cosmetics & Toiletries
  12.5.6 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Flavors And Fragrances Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Natural
  13.4.2 Synthetic
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Confectionary & Bakery Products
  13.5.2 Dairy Products
  13.5.3 Soap & Detergent
  13.5.4 Beverages
  13.5.5 Cosmetics & Toiletries
  13.5.6 Others
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. FLAVORS AND FRAGRANCES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. FLAVORS AND FRAGRANCES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. FLAVORS AND FRAGRANCES MARKET COMPETITIVE RIVALRY
TABLE 005. FLAVORS AND FRAGRANCES MARKET THREAT OF NEW ENTRANTS
TABLE 006. FLAVORS AND FRAGRANCES MARKET THREAT OF SUBSTITUTES
TABLE 007. FLAVORS AND FRAGRANCES MARKET BY PRODUCT TYPE
TABLE 008. NATURAL MARKET OVERVIEW (2016-2028)
TABLE 009. SYNTHETIC MARKET OVERVIEW (2016-2028)
TABLE 010. FLAVORS AND FRAGRANCES MARKET BY APPLICATION
TABLE 011. CONFECTIONARY & BAKERY PRODUCTS MARKET OVERVIEW (2016-2028)
TABLE 012. DAIRY PRODUCTS MARKET OVERVIEW (2016-2028)
TABLE 013. SOAP & DETERGENT MARKET OVERVIEW (2016-2028)
TABLE 014. BEVERAGES MARKET OVERVIEW (2016-2028)
TABLE 015. COSMETICS & TOILETRIES MARKET OVERVIEW (2016-2028)
TABLE 016. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA FLAVORS AND FRAGRANCES MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 018. NORTH AMERICA FLAVORS AND FRAGRANCES MARKET, BY APPLICATION (2016-2028)
TABLE 019. N FLAVORS AND FRAGRANCES MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE FLAVORS AND FRAGRANCES MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 021. EUROPE FLAVORS AND FRAGRANCES MARKET, BY APPLICATION (2016-2028)
TABLE 022. FLAVORS AND FRAGRANCES MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC FLAVORS AND FRAGRANCES MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. ASIA PACIFIC FLAVORS AND FRAGRANCES MARKET, BY APPLICATION (2016-2028)
TABLE 025. FLAVORS AND FRAGRANCES MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA FLAVORS AND FRAGRANCES MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA FLAVORS AND FRAGRANCES MARKET, BY APPLICATION (2016-2028)
TABLE 028. FLAVORS AND FRAGRANCES MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA FLAVORS AND FRAGRANCES MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 030. SOUTH AMERICA FLAVORS AND FRAGRANCES MARKET, BY APPLICATION (2016-2028)
TABLE 031. FLAVORS AND FRAGRANCES MARKET, BY COUNTRY (2016-2028)
TABLE 032. THE ARCHER DANIELS MIDLAND COMPANY: SNAPSHOT
TABLE 033. THE ARCHER DANIELS MIDLAND COMPANY: BUSINESS PERFORMANCE
TABLE 034. THE ARCHER DANIELS MIDLAND COMPANY: PRODUCT PORTFOLIO
TABLE 035. THE ARCHER DANIELS MIDLAND COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. KERRY GROUP: SNAPSHOT
TABLE 036. KERRY GROUP: BUSINESS PERFORMANCE
TABLE 037. KERRY GROUP: PRODUCT PORTFOLIO
TABLE 038. KERRY GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. MANE SA: SNAPSHOT
TABLE 039. MANE SA: BUSINESS PERFORMANCE
TABLE 040. MANE SA: PRODUCT PORTFOLIO
TABLE 041. MANE SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. GIVAUDAN: SNAPSHOT
TABLE 042. GIVAUDAN: BUSINESS PERFORMANCE
TABLE 043. GIVAUDAN: PRODUCT PORTFOLIO
TABLE 044. GIVAUDAN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. BELL FLAVORS & FRAGRANCES: SNAPSHOT
TABLE 045. BELL FLAVORS & FRAGRANCES: BUSINESS PERFORMANCE
TABLE 046. BELL FLAVORS & FRAGRANCES: PRODUCT PORTFOLIO
TABLE 047. BELL FLAVORS & FRAGRANCES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. FIRMENICH SA: SNAPSHOT
TABLE 048. FIRMENICH SA: BUSINESS PERFORMANCE
TABLE 049. FIRMENICH SA: PRODUCT PORTFOLIO
TABLE 050. FIRMENICH SA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. INTERNATIONAL FLAVORS & FRAGRANCES: SNAPSHOT
TABLE 051. INTERNATIONAL FLAVORS & FRAGRANCES: BUSINESS PERFORMANCE
TABLE 052. INTERNATIONAL FLAVORS & FRAGRANCES: PRODUCT PORTFOLIO
TABLE 053. INTERNATIONAL FLAVORS & FRAGRANCES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. SENSIENT TECHNOLOGIES: SNAPSHOT
TABLE 054. SENSIENT TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 055. SENSIENT TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 056. SENSIENT TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. SYMRISE AG: SNAPSHOT
TABLE 057. SYMRISE AG: BUSINESS PERFORMANCE
TABLE 058. SYMRISE AG: PRODUCT PORTFOLIO
TABLE 059. SYMRISE AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. TAKASAGO: SNAPSHOT
TABLE 060. TAKASAGO: BUSINESS PERFORMANCE
TABLE 061. TAKASAGO: PRODUCT PORTFOLIO
TABLE 062. TAKASAGO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. ROBERTET: SNAPSHOT
TABLE 063. ROBERTET: BUSINESS PERFORMANCE
TABLE 064. ROBERTET: PRODUCT PORTFOLIO
TABLE 065. ROBERTET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. FRUTAROM: SNAPSHOT
TABLE 066. FRUTAROM: BUSINESS PERFORMANCE
TABLE 067. FRUTAROM: PRODUCT PORTFOLIO
TABLE 068. FRUTAROM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. T. HASEGAWA: SNAPSHOT
TABLE 069. T. HASEGAWA: BUSINESS PERFORMANCE
TABLE 070. T. HASEGAWA: PRODUCT PORTFOLIO
TABLE 071. T. HASEGAWA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. HUABAO: SNAPSHOT
TABLE 072. HUABAO: BUSINESS PERFORMANCE
TABLE 073. HUABAO: PRODUCT PORTFOLIO
TABLE 074. HUABAO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. OGAWA & CO.LTD.: SNAPSHOT
TABLE 075. OGAWA & CO.LTD.: BUSINESS PERFORMANCE
TABLE 076. OGAWA & CO.LTD.: PRODUCT PORTFOLIO
TABLE 077. OGAWA & CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 078. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 079. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 080. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. FLAVORS AND FRAGRANCES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. FLAVORS AND FRAGRANCES MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. NATURAL MARKET OVERVIEW (2016-2028)
FIGURE 013. SYNTHETIC MARKET OVERVIEW (2016-2028)
FIGURE 014. FLAVORS AND FRAGRANCES MARKET OVERVIEW BY APPLICATION
FIGURE 015. CONFECTIONARY & BAKERY PRODUCTS MARKET OVERVIEW (2016-2028)
FIGURE 016. DAIRY PRODUCTS MARKET OVERVIEW (2016-2028)
FIGURE 017. SOAP & DETERGENT MARKET OVERVIEW (2016-2028)
FIGURE 018. BEVERAGES MARKET OVERVIEW (2016-2028)
FIGURE 019. COSMETICS & TOILETRIES MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA FLAVORS AND FRAGRANCES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE FLAVORS AND FRAGRANCES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC FLAVORS AND FRAGRANCES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA FLAVORS AND FRAGRANCES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA FLAVORS AND FRAGRANCES MARKET OVERVIEW BY COUNTRY (2016-2028)