The worldwide flavor and fragrance market was worth an estimated $21.8 billion in 2011. This figure is projected to exceed $23 billion in 2012 and $30 billion in 2017, a compound annual growth rate (CAGR) of 5.6% between 2012 and 2017.
The flavor and fragrance industry’s total demand for ingredients was an estimated $7.6 billion in 2011 and is growing at a projected CAGR of 5.7%. At this rate, the market should reach $8.1 billion in 2012 and $10.7 billion by 2017.
Learn about the global market for materials used in the flavor and fragrance industry, along with a technology overview, information on environmental regulations, industry trends, patents and company profiles…
Use this report to:
- Receive a comprehensive analysis of the market environment, competitive structure and end-use markets of the flavor and fragrance industry
- Identify future trends and emerging opportunities within the industry
- Quantify current and projected demand for key flavor and fragrance ingredients such as essential oils and aromatic chemicals
- Analyze developments in the structure of the flavor and fragrance industry.
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GLOBAL MARKET FORECAST FOR KEY INGREDIENTS USED IN FLAVORS AND FRAGRANCES, 2011-2017