Freedonia In The News
Article Title: Developing markets to drive growth in global flavors and fragrances
By: Simon Pitman
Publication: Cosmeticsdesign.com, 8/31/2010
Freedonia Study: World Flavors & Fragrances (2673)
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The global market for flavors and fragrances is set to outpace growth projections for the personal care industry, driven by new markets and the naturals trend.
The flavors and fragrance markets are inextricably linked, being dominated by a handful of big players that serve both markets, including names such as International Flavors and Fragrances, Mane, Takasago, Symrise, Givaudan and Firmenich.
This small number of global players dominates the sector, which in 2009 was valued at $23.4bn, according to the market research provider Freedonia.
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