Global demand for flavors and fragrances is projected to increase 4.3 percent annually through 2014. Overall advances will be stimulated by gains in food and beverage processing, the largest market. The best opportunities will be found in developing areas, particularly the Asia/Pacific region.
This study analyzes the $19 billion world flavor and fragrance industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (flavor blends, fragrance blends, essential oils and natural extracts, aroma chemicals), market (e.g., food and beverages, toiletries and cleaners), world region and for 19 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Givaudan, Firmenich and International Flavors and Fragrances.