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Flavors & Fragrances Market Size to Reach $28.64 Billion by 2025: Grand View Research, Inc.

SAN FRANCISCO, April 8, 2019 /PRNewswire/ -- The global flavors and fragrances market size is anticipated to reach USD 28.64 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.7% during the forecast period. Flavors and fragrances deliver long-lasting sensory impressions, when applied through medical products, beverage, food, and other substances. These products enrich the overall aesthetic value and appeal of consumer goods.Key suggestions from the report:

Aroma chemicals is projected to hold the largest share of flavors and fragrances market with more than 70.0% in terms of revenue by 2025



Increasing cost of R&D for fragrance compounds is expected to support the demand for aroma chemicals over the forecasts period



Essential oils are anticipated to grow as the fastest as well as largest emerging natural product segment



Demand for orange essential oil was valued at USD 1.64 billion in 2018



Fragrances application segment is predicted to lead the market and is projected to register a CAGR of 5.0% from 2019 to 2025



Asia Pacific is expected to register the fastest CAGR on account of availability of raw materials and increasing demand

Read 410 page research report with TOC on "Flavors and Fragrances Market Size, Share & Trends Analysis Report By Product (Natural, Aroma), By Application (Flavors, Fragrances), By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/flavors-fragrances-marketFlavors and fragrances are generally manufactured using essential oils and volatile chemicals to enhance existing flavors or to provide a precise flavor. The products are primarily categorized into natural and synthetic. Rising demand for natural and fresh products has added to exponential growth of the market.Increasing demand for ready-to-eat and convenience foods, health and wellness foods coupled with technological advancements are predicted to trigger the flavors and fragrances market growth. Increasing consumer disposable income along with rapid industrialization in developing countries such as India and China is estimated to fuel the food flavors market.Owing to the massive demand for natural products, forests have been chopped down to develop minute quantity of oil. Numerous arable lands have also been transformed into monoculture farming lands to nurture a single crop or plant gain a particular oil. This, in turn, has led to restricted availability of raw materials for natural products.Flavor and fragrance producers operate by collaborating with artists, filmmakers, writers, musicians, and scientists to knock into artistic minds to reveal perfumes to new as well as constantly developing creative approaches and territories. Manufacturers also build creative teams which comprise fragrance perfumers, flavorists, and evaluators.Grand View Research has segmented the global flavors and fragrances market on the basis of product, application and region:a?? Flavors and Fragrances Product Outlook (Revenue, USD Million, 2014 - 2025)

Natural



Essential Oils



Orange



Limonene



Myrcene



Others



Corn Mint



Menthol



Menthone



Others



Eucalyptus



Eucalyptol



Limonene



Others



Pepper Mint



Menthol



Menthone



Others



Lemon



Pinene



Limonene



Camphene



Oleoreins



Paprika



Piperine



Others



Black Pepper



Piperine



Others



Turmeric



Curcumin



Others



Ginger



Gingerol



Others



Others



Aroma Chemicals



Esters



Ethyl acetate



Benzyl acetate



Ethyl benzoate



Methyl decanoate



Others



Alcohol



Lauryl alcohol



Menthol



Others



Aldehyde



Benzaldehyde



Vanillin



Others



Phenol



Ethylvanillin



Others



Others

a?? Flavors and Fragrances Application Outlook (Revenue, USD Million, 2014 - 2025)

Flavors



Confectionary



Convenience Foods



Bakery Food



Dairy Food



Beverages



Others



Fragrances



Fine fragrances



Cosmetics and Toiletries



Soaps & Detergents



Others

a?? Flavors and Fragrances Regional Outlook (Revenue, USD Million, 2014 - 2025)

North America



U.S



Europe



Germany



U.K.



France



Asia Pacific



China



India



Japan



Middle East & Africa



Saudi Arabia



Central and South America



Brazil

Find more research reports on Food Additives & Nutricosmetics Industry, by Grand View Research:

Calcium Aluminosilicate MarketA a?? Global calcium aluminosilicate market growth is expected to grow over the forecast period on account of growing food and pharmaceutical industry.



Choline Chloride MarketA a?? Global choline chloride market is slated to witness high growth owing to burgeoning animal feed market over the forecast period.



Beverage Ingredients MarketA a?? Global beverage ingredients market is anticipated to witness significant growth over the next seven years owing to increasing beverages popularity among younger consumers.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reportsAbout Grand View ResearchGrand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.Contact:
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Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
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Flavors & Fragrances Market Size to Reach $28.64 Billion by 2025: Grand View Research, Inc.
View original content:https://www.prnewswire.com/news-releases/flavors--fragrances-market-size-to-reach-28-64-billion-by-2025-grand-view-research-inc-300825949.htmlSOURCE Grand View Research, Inc.
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