Global Flavours and Fragrances Ingredients Market is forecasted to grow at a CAGR of 5.40% during 2011-2015

Date: 17 August 2016

Globally, the flavour and fragrances market is driven by rising inclination towards consumption of natural products and usage in the beauty and personal care sector

According to recently published Azoth Analytics report “Global Flavours and Fragrances Ingredients Market (By Segment, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021) – (By Segment – Flavour Blends, Fragrance Blends, Aroma Chemicals, Essential Oils; By Sub Segments; By Region-North America, Europe, APAC, By Country – US, Germany, China, India; Recommendations)”, global flavours and fragrances Ingredients Market grew at a CAGR of approximately 5.40% during 2011-2015, on the heels of Increasing demand for health and wellness food products, emerging regulations banning the use of low grade synthetic flavour and fragrances blends, bolstering growth in the aromatic oils  market, increasing application in the cosmetics as well as personal care sector. In terms of segmentation, market is categorized on basis of Type – Flavour Blends, Fragrance Blends, Aroma Chemicals, Essential Oils. Flavour Blends lead the market with over 35% contribution in the year 2015 while fragrance blends follows the flavour blends market in terms of the revenue contribution.
Region Wise APAC region accounted for a staggering market value of USD x billion in 2015 and is anticipated to maintain the leadership in the future. High usage in the packaged food market coupled with the rampant growth in the per capita consumption of cosmetic products is fuelling growth in the APAC flavours and fragrances market.
With the industry witnessing a moderate growth rate, it is anticipated that the flavours and fragrances market will exhibit higher CAGR in the forecast period. “Surging technological advancements, increasing R&D and marketing expenditures, increasing portfolio of natural products, surging demand from developing countries, is anticipated to propel the growth of flavours and fragrances market in the forecast period”.

The report titled “Global Flavours and Fragrances Ingredients Market (By Segment, By Region, By Country): Trends, Opportunities and Forecasts (2016-2021) – (By Segment – Flavour Blends, Fragrance Blends, Aroma Chemicals, Essential Oils; By Sub Segments; By Region-North America, Europe, APAC, By Country – US, Germany, China, India; Recommendations)” has analysed the potential of flavours and fragrances ingredients market worldwide and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Flavours and Fragrances Ingredients market.
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report presents the analysis of the global flavour and fragrances market on the basis of various  segments (Flavour Blends, Fragrance Blends, Aroma Chemicals, Essential Oils) and By Region (North America, Europe, APAC) and By Country (US, Germany, China, India).



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