An exciting new study from the team of Lucintel found that flavor and fragrance market is expected to reach $35.7 billion by 2025 with a CAGR of 3.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The flavor and fragrance market is segmented based on product type, application, raw material,and region. In this market, flavor is expected to remain the largest product type, and beverage segment is expected to remain the largest application. Players can benefit from the available opportunities like strengthening economies, growing urbanization, changing lifestyle, and a rise in per capita income.
The increasing use of biotic ingredients in beverage and dairy products are emerging trends having impact on dynamics of the industry.
Givaudan, Firmenich, IFF, Symrise, Takasago, Mane SA, Frutarom, Sensient Flavors, Robertet SA and T. Hasegawa and others are some of the major players profiled in this 206 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth trends in the flavor and fragrance market by product (flavor and fragrance), applications (dairy, savory/snacks, confectionery/bakery, beverage, fine fragrance, cosmetic and toiletry, soaps and detergents, household and air care, and others), raw materials (aroma chemical and essential oils), and region (North America, Europe, Asia Pacific and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the flavor and fragrance market?
Q.4 What are some changing demands of customers in the flavor and fragrance market?
Q.5 What are the new developments in the flavor and fragrance market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this flavor and fragrance area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this flavor and fragrance market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.