Market Analysis Report Flavors And Fragrances Market

Your Catalyst to a Lucrative Business
Flavors And Fragrances Market Share, Size, Segmentation,
Outlook and Forecasts to 2025 | Hexa Research
“ The global flavors and fragrances market is anticipated to reach USD 28.65
billion by 2025”
15 January 2019
The global flavors and fragrances market is anticipated to reach USD 28.65 billion by 2025. It is anticipated to
witness a growth of 4.5% from 2014 to 2025. Shifting consumer preference towards organic ingredients in
food and personal care products is projected to drive growth over the approaching years. In addition,
growing applications in food and beverages and cosmetics industries is projected to drive demand for flavors
and fragrances.
Major end-use industries such as cosmetics and personal care are also increasingly utilizing flavors and
fragrances to improve sensory appeal and product value. Personal care product sector has recovered quickly
from recent economic downturn compared to other industrial segments. Hence, it is expected to witness
prospective growth over the forecast period.
Busy lifestyle of consumers in developing as well as developed countries is projected to augment demand for
processed food and beverages. This factor is expected to propel demand for flavors in near future.
Furthermore, growing number of retail stores, new product launches, and economical prices of personal care
products and convenience food are expected to be highly influential factors contributing to growth of the
global market.
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