The US market for flavors and fragrances is forecast to rise three percent annually through 2014. Advances will be fueled by consumer interest in more complex, exotic and authentic flavors and fragrances, as well as the increasing use of these products as marketing tools and product differentiators.
This study analyzes the $4.8 billion US flavor and fragrance industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by market (e.g., food, cosmetics and toiletries, cleaning products, environmental fragrance goods, beverages) and product (e.g., flavor blends, fragrance blends, essential oils and natural extracts, aroma chemicals).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry players, including Givaudan, International Flavors & Fragrances and Firmenich.