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Flavors And Fragrances Market to be Worth US$39.209 billion by 2024

The global flavors and fragrances market is projected to grow at a CAGR of 5.45%, to reach a market size of US$39.209 billion in 2024, from US$28.515 billion in 2018. Increasing application of flavors and fragrances and rapid urbanization are major growth factors of flavors and fragrances market.

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Flavors And Fragrances Market to be Worth US$39.209 billion by 2024

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  1. Flavors And Fragrances Market Forecast From 2019 to 2024

  2. DESCRIPTION The global flavors and fragrances market is projected to grow at a CAGR of 5.45%, to reach a market size of US$39.209 billion in 2024, from US$28.515 billion in 2018. The flavors and fragrances have become an integral part of different products with application ranging from food and beverages to household care and toiletries. Rapid urbanization, focus towards a healthier lifestyle and increasing application of flavors and fragrances are some of the major factors driving this market. Furthermore, the budding food and beverage, chemical and pharmaceutical industries are also projected to augment this demand in the coming years. 

  3. Key Questions Answered By The Report • What will be the Flavors And Fragrances Market from 2019 to 2024? • How are the major drivers and restraints affecting the Flavors And Fragrances Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Segments Covered Under Flavors And Fragrances Market are : • By FormNaturalSyntheticBy TypeFlavorsFragranceBy Raw MaterialsEssential OilsAroma ChemicalsOthersBy ApplicationFlavorsFoodBeveragesPharmaceuticalFragrancesDish and Laundry DetergentsSkin and Hair Care ProductsPerfumesHousehold CareOthers

  5. Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others

  6. Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others

  7. COMPANY PROFILES • Givaudan • Firmenich • International Flavors & Fragrances Inc • Symrise • Takasago International Corporation • MANE • Frutarom Industries Ltd • Sensient Flavors • The Robertet Group • Huabao International Holdings Limited • BASF SE

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