Flavors and Fragrances Market Set to Expand and Become Organized During 2016-23

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Flavors and Fragrances Market - USD 4315.5
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2023
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REPORT DESCRIPTION

Flavors and fragrances are essential components of different consumer goods and packaged foods. Natural and synthetic
essence compositions make the cool mint flavor of toothpaste, the cinnamon aroma of pumpkin lattes and the cherry taste of
cherry cola. Moreover, fragrance compositions add the fresh smell of pine to exotic top notes to fine perfumes and household
cleaning products. The market is expected to experience healthy growth over the forecast period. It is primarily driven by the
demand from companies that manufacture food and beverages, cosmetics, perfumes, toiletries, and household products. In
addition, emerging middle class developing countries is a key driver boosting the growth of the market. Growth in the market is
depended on the availability and geographical distribution of flavors and fragrances among the consumers. Furthermore,
manufacturing aroma chemicals by chemical synthesis has opened up a branch of chemistry.
Flavors and fragrances primarily include a set of compounds such as alcohol, esters, lactones, acids, ketones and aldehydes.
This market is segmented by ingredients type, product type, end user type and by geography. Based on ingredients type, the
flavors and fragrances market is categorized into aroma chemicals and essential oils. On the basis of product type, the market is
segmented into flavor blends, fragrance blends, and aroma...