Global Flavor and Fragrance Market 2015-2020: Trends, Forecast and Opportunity Analysis

 Published On: Nov, 2015 |    No of Pages: 147 |  Published By: Lucintel | Format: PDF
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According to a new market report published by Lucintel, the future of the flavor and fragrance market looks good with opportunities in the dairy, soap & detergents, fine fragrance and cosmetic & toiletries industries. The global flavor and fragrance market is forecast to grow at a CAGR of 3.6% from 2015 to 2020. The major drivers of growth for this market are growth of end use applications, growing urbanization and changing lifestyle.

In this market, aroma chemicals and essential oils are the major raw materials used for making flavor and fragrance compounds. Lucintel predicts that the demand for fragrance is likely to experience the highest growth in the forecast period, supported by growing demand in end use applications. Major end use application for flavor are beverage, savory, confectionery, and dairy for flavor, while for fragrance it is soap & detergents, fine fragrance, cosmetic & toiletries, and household & air care. On the basis of comprehensive research, Lucintel forecasts that diary, savory, fine fragrance, cosmetics & toiletries, and soaps & detergents industries are expected to show above average growth during the forecast period.

Within flavor and fragrance market, beverage application is likely to remain as the largest segment for flavor during the forecast period, while soap & detergents is for fragrance market.

North America is expected to remain the largest market due to growth in end use applications. Asia Pacific and the Rest of the World are expected to witness significant growth over the forecast period because of increase in disposable income and changing lifestyle.

For market expansion, the report suggests innovation and new product development to enhance the performance of flavor and fragrance. The report further suggests the development of partnerships with customers to create win-win situations and development of better product for the end user.

Emerging trends, which have a direct impact on the dynamics of the industry, include increased use of biotic ingredients and capacity expansion by major players in emerging markets. Givandan, Firmenich, IFF, Symrise, and Takasago are among the major suppliers of the flavor and fragrance. Some companies are opting for M&A as a strategic initiative for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global flavor and fragrance market by product type, applications, and region, and has come up with a comprehensive research report, “Global Flavor and Fragrance Market 2015-2020: Trends, Forecast and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast of the global flavor and fragrance market through 2020, segmented by product type, application, and region as follows:

By product type [Value ($B) shipment analysis for 2009 - 2020]:
Flavor
Fragrance

Flavor market by application [Value ($B) shipment analysis for 2009 - 2020]:
Beverage
Confectionery
Savory
Dairy
Others

Fragrance market by application [Value ($B) shipment analysis for 2009 - 2020]:
Soap and Detergents
Cosmetic and Toiletries
Fine Fragrance
Household and Air care
Others

By region [Value ($B) shipment analysis for 2009 - 2020]:
North America
Europe
Asia Pacific
Rest of World

This report answers following 11 key questions:

Q.1. How big the opportunities for global flavor and fragrance market by product type, end use application, and region?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats of this market?
Q.6. What are emerging trends in this market and reasons behind it?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are taken by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. How many M & A activities happened during last 1- 2 years and what are their impacts?

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Some of the features of “Growth Opportunities for the Global Flavors and Fragrances Market 2015-2020: Trends, Forecast, and Opportunity Analysis” include:

-Market size estimates: Global flavor and fragrance market size estimation in terms of value ($B) shipment.
-Trend and forecast analysis: Global flavor and fragrance market trend (2009-2014) and forecast (2015-2020) by region and segments.
-Segmentation analysis: Global flavor market size by various applications such as dairy, beverage, savory, confectionery, others and fragrance market size by various application segments such as fine fragrance, cosmetics and toiletries, soaps and detergents, household and air care, and others in terms of value shipment
-Regional analysis: Global flavor and fragrance market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of the World.
-Growth opportunities: Analysis on growth opportunities in different applications and regions.
-Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global flavor and fragrance suppliers.
-Analysis of competitive intensity of the industry based on Porter's Five Forces model.
1. Executive Summary

2. Industry Background and Classifications

2.1: Introduction
2.1.1: Industry Classification
2.1.2: Market Served
2.1.3: Supply Chain

3. Market Trend and Forecast Analysis

3.1: Current Market Analysis 2014
3.1.1: Global Flavor and Fragrance Market by Value
3.1.2: Regional Flavor and Fragrance Market by Value
3.2: Market Trend 2009-2014
3.2.1: Macroeconomic Trends
3.2.2: Global Flavor and Fragrance Market Trend by Value
3.2.3: Flavor and Fragrance Market Trend in North America by Value
3.2.4: Flavor and Fragrance Market Trend in Europe by Value
3.2.5: Flavor and Fragrance Market Trend in APAC by Value
3.2.6: Flavor and Fragrance Market Trend in ROW by Value
3.2.7: Industry Drivers and Challenges
3.3: Market Forecast 2015-2020
3.3.1: Macroeconomic Forecast
3.3.2: Global Flavor and Fragrance Market Forecast by Value
3.3.3: Flavor and Fragrance Market Forecast in North America by Value
3.3.4: Flavor and Fragrance Market Forecast in Europe by Value
3.3.5: Flavor and Fragrance Market Forecast in APAC by Value
3.3.6: Flavor and Fragrance Market Forecast in ROW by Value

4. Cost Structure and Profitability Analysis

4.1: Global Flavor and Fragrance Market Profitability Analysis
4.2: Cost Structure of Global Flavor and Fragrance Market: 2009-2014
4.3: Regional Trend: Cost Structure for Global Flavor and Fragrance Market

5. Competitor Analysis

5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.4: Operational Integration
5.5: Growth Leadership Analysis
5.6: Porter's Five Forces Analysis

6. Growth Opportunity & Strategic Analysis

6.1: Growth Opportunities Analysis
6.1.1: Growth Opportunities for the Global Flavor and Fragrance Market by Region
6.1.2: Growth Opportunities for the Global Flavor and Fragrance Market by Application
6.2: Emerging Trends in the Global Flavor and Fragrance Market
6.3: Strategic Analysis
6.3.1: New Product Developments by Competitors
6.3.2: Expansion Strategy
6.3.3: Product-Market Growth Matrix for Global Flavor and Fragrance Market
6.4: Mergers and Acquisitions in Global Flavor and Fragrance Market
7. Company Profiles of Leading Players

List of Figures

Chapter 2. Industry Background and Classifications
Figure 2.1: Classification of the Global Flavor and Fragrance Market
Figure 2.2: Classification of Beverage Industry by Various Applications
Figure 2.3: Supply Chain of the Global Flavor and Fragrance Market

Chapter 3. Market Trend and Forecast Analysis
Figure 3.1: Global Flavor and Fragrance Market Distribution (%) by Market Segment in 2014
Figure 3.2: Global Flavor and Fragrance Market ($ Billion) by Market Segment in 2014
Figure 3.3: Global Flavors Market ($ Billion) Distribution (%) by Application in 2014
Figure 3.4: Global Flavors Market ($ Billion) by Applications in 2014
Figure 3.5: Global Fragrances Market ($ Billion) Distribution (%) by Application in 2014
Figure 3.6: Global Fragrances Market ($ Billion) by Application in 2014
Figure 3.7: Global Flavor and Fragrance Market ($ Billion) Distribution (%) by Region in 2014
Figure 3.8: Global Flavor and Fragrance Market ($ Billion) by Region in 2014
Figure 3.9: Global Flavors Market ($ Billion) Distribution (%) by Region in 2014
Figure 3.10: Global Flavors Market ($ Billion) by Region in 2014
Figure 3.11: Global Fragrances Market ($ Billion) Distribution (%) by Region in 2014
Figure 3.12: Global Fragrances Market ($ Billion) by Region in 2014
Figure 3.13: Global GDP Growth Rate Trend
Figure 3.14: Global Population Growth Rate Trend
Figure 3.15: Global Inflation Rate Trend
Figure 3.16: Global Unemployment Rate Trend
Figure 3.17: Regional GDP Growth Rate Trend at Constant Price
Figure 3.18: Regional Polpulation Growth Rate Trend
Figure 3.19: Regional Inflation Rate Trend
Figure 3.20: Regional Unemployment Rate Trend
Figure 3.21: Global and Regional Per Capita Income Trend
Figure 3.22: Global Flavor and Fragrance Market Trend (2009-2014)
Figure 3.23: Global Flavor Market ($ Billion) Distribution (%) by Application in 2009
Figure 3.24: Global Flavor Market ($ Billion) by Market Application in 2009
Figure 3.25: Global Flavor Market ($ Billion) Distribution (%) by Application in 2014
Figure 3.26: Global Flavor Market Value by Application in 2014
Figure 3.27: CAGR of Various Applications of Global Flavor Market by Value from 2009 to 2014
Figure 3.28: Global Fragrance Market ($ Billion) Distribution (%) by Application in 2009
Figure 3.29: Global Fragrance Market ($ Billion) by Application in 2009
Figure 3.30: Global Fragrance Market ($ Billion) Distribution (%) by Application in 2014
Figure 3.31: Global Fragrance Market ($ Billion) by Application in 2014
Figure 3.32: CAGR of Various Applications of Global Fragrance Market by Value from 2009 to 2014
Figure 3.33: CAGR of Flavor and Fragrance Market in North America from 2009 to 2014
Figure 3.34: Year-over-Year Growth of Flavor and Fragrance Market in North America from 2013 to 2014
Figure 3.35: CAGR of Flavor and Fragrance Market in North America from 2009 to 2014
Figure 3.36: Flavor and Fragrance Market Trend ($ Billion) in Europe from 2009 to 2014
Figure 3.37: Year-over-Year Growth of Flavor and Fragrance Market in Europe from 2013 to 2014
Figure 3.38: CAGR of Flavor and Fragrance Market in Europe from 2009 to 2014
Figure 3.39: Flavor and Fragrance Market Trend ($ Billion) in APAC from 2009 to 2014
Figure 3.40: Year-over-Year Growth of Flavor and Fragrance Market in APAC from 2013 to 2014
Figure 3.41: CAGR of Flavor and Fragrance Market in APAC from 2009 to 2014
Figure 3.42: Flavor and Fragrance Market Trend ($ Billion) in ROW from 2009 to 2014
Figure 3.43: Year-over-Year Growth of Flavor and Fragrance Market in ROW from 2013 to 2014
Figure 3.44: CAGR of Flavor and Fragrance Market in ROW from 2009 to 2014
Figure 3.45: Drivers and Challenges for Global Flavor and Fragrance Market
Figure 3.46: Global GDP Growth Rate Forecast
Figure 3.47: Global Population Growth Rate Forecast
Figure 3.48: Global Inflation Rate Forecast
Figure 3.49: Global Unemployment Rate Forecast
Figure 3.50: Regional GDP Growth Rate Forecast at Constant Price
Figure 3.51: Regional Population Growth Rate Forecast
Figure 3.52: Regional Inflation Rate Forecast
Figure 3.53: Regional Unemployment Rate Forecast
Figure 3.54: Global and Regional Per Capita Income Forecast
Figure 3.55: Global Flavor and Fragrance Market Forecast from 2015 to 2020
Figure 3.56: Global Flavor Market ($ Billion) Distribution (%) by Application in 2015
Figure 3.57: Global Flavor Market ($ Billion) by Application in 2015
Figure 3.58: Global Flavor Market ($ Billion) Distribution (%) by Application in 2020
Figure 3.59: Global Flavor Market ($ Billion) by Application in 2020
Figure 3.60: CAGR of Global Flavor Market by Application from 2015 to 2020
Figure 3.61: Global Fragrances Market ($ Billion) Distribution (%) by Application in 2015
Figure 3.62: Global Fragrances Market Applications by Value 2015
Figure 3.63: Global Fragrances Market ($ Billion) Distribution (%) by Application in 2020
Figure 3.64: Global Fragrances Market Applications by Value in 2020
Figure 3.65: CAGR of Global Fragrances Market by Application from 2015 to 2020
Figure 3.66: Forecast for Flavor and Fragrance Market ($ Billion) in North America from 2015 to 2020
Figure 3.67: Year-over-Year Growth of Flavor and Fragrance Market in North America from 2014 to 2015
Figure 3.68: CAGR of Flavor and Fragrance Market in North American from 2015 to 2020
Figure 3.69: Forecast for Flavor and Fragrance Market ($ Billion) in Europe from 2015 to 2020
Figure 3.70: Year-over-Year Growth of Flavor and Fragrance Market in Europe from 2014 to 2015
Figure 3.71: CAGR of Flavor and Fragrance Market in Europe from 2015 to 2020
Figure 3.72: Forecast of Flavor and Fragrance Market ($ Billion) in APAC from 2015 to 2020
Figure 3.73: Year-over-Year Growth of Flavor and Fragrance Market in APAC from 2014 to 2015
Figure 3.74: CAGR of Flavor and Fragrance Market in APAC from 2015 to 2020
Figure 3.75: Flavor and Fragrance Market Forecast in ROW from 2015 to 2020
Figure 3.76: Year-over-Year Growth of Flavor and Fragrance Market in ROW from 2014 to 2015
Figure 3.77: CAGR of Flavor and Fragrance Market in ROW from 2015 to 2020

Chapter 4. Cost Structure and Profitability Analysis
Figure 4.1: Global Flavor and Fragrance Market Profitability Analysis from 2009 to 2014 (%)
Figure 4.2: Cost Structure of Global Flavor and Fragrance Market from 2009 to 2014
Figure 4.3: Cost Structure of Flavor and Fragrance Market in North America from 2009 to 2014
Figure 4.4: Cost Structure of Flavor and Fragrance Market in Europe from 2009 to 2014
Figure 4.5: Cost Structure of Flavor and Fragrance Market in APAC from 2009 to 2014
Figure 4.6: Cost Structure of Flavor and Fragrance Market in ROW from 2009 to 2014

Chapter 5. Competitor Analysis
Figure 5.1: Market Presence of Major Players of Global Flavor and Fragrance Market
Figure 5.2: Market Share Analysis of Top Five Players of Global Flavor and Fragrance Market in 2014
Figure 5.3: Headquarter Locations of Major Flavor and Fragrance Suppliers
Figure 5.4: Growth Leadership Matrix in Global Flavor and Fragrance Market
Figure 5.5: Operational Integration of Flavor & Fragrance Suppliers
Figure 5.6: Porter's Five Force Analysis for Global Flavor and Fragrance Market

Chapter 6. Growth Opportunity & Strategic Analysis
Figure 6.1: Growth Opportunities for Global Flavor and Fragrance Market by Region
Figure 6.2: Growth Opportunities for Global Flavor Market by Region
Figure 6.3: Growth Opportunities for Global Fragrance Market by Region
Figure 6.4: Growth Opportunities for Global Flavor Market by Application
Figure 6.5: Growth Opportunities for Global Fragrance Market by Application
Figure 6.6: Emerging Trends in Global Flavor and Fragrance Market
Figure 6.7: New Product Launches in Global Flavor and Fragrance Industry in 2014
Figure 6.8: New Product Launches in Global Flavor and Fragrance Industry in 2013
Figure 6.9: Competitors' Focus Area of Competitiveness in 2013 and 2014
Figure 6.10: Major Capacity Expantion in Global Flavor and Fragrance Market by Major Players
Figure 6.11: Strategic Initiatives by Major Players in 2014
Figure 6.12: Strategic Initiatives by Major Players in 2013
Figure 6.13: Year-on-Year study of Strategic Initiatives of Major Players of Global Flavor and Fragrance Market
Figure 6.14: Business Expansion Strategies of Competitors -- Ansoff Matrix
Figure 6.15: Product- Market Strategy for Flavor and Fragrance Industry

List of Tables

Chapter 1. Executive Summary
Table 1.1: Flavor and Fragrance Market Parameters and Attributes

Chapter 3. Market Trend and Forecast Analysis
Table 3.1: Market Trend (2009-2014) in the Global Flavor and Fragrance Shipment
Table 3.2: Average Growth Rates for One, Three, and Five Years in Global Flavor and Fragrance Market in Terms of $ Shipment
Table 3.3: Market Trend (2009-2014) in Flavor and Fragrance Shipments in North America
Table 3.4: Market Trend (2009-2014) of Flavor and Fragrance Shipments in Europe
Table 3.5: Market Trend (2009-2014) of Flavor and Fragrance Shipments in APAC
Table 3.6: Market Trend (2009-2014) of Flavor and Fragrance Shipments in ROW
Table 3.7: Economic Outlook of Leading Economies of Four Regions for 2014
Table 3.8: Market Forecast (2015-2020) in Global Flavor and Fragrance Market
Table 3.9: Average Growth Rates for One, Three, and Five Years in Global Flavor and Fragrance Market in Terms of $ Shipment
Table 3.10: Market Forecast (2015-2020) Flavor and Fragrance Shipments in North America
Table 3.11: Market Forecast (2015-2020) of Flavor and Fragrance Shipments in Europe
Table 3.12: Market Forecast (2015-2020) of Flavor and Fragrance Shipments in APAC
Table 3.13: Market Forecast (2015-2020) of Flavor and Fragrance Shipments in ROW

Chapter 5. Competitor Analysis
Table: 5.1: Rankings of Suppliers Based on Flavor and Fragrance Revenue
Table 5.2: Operational Integration of Flavor and Fragrance Suppliers

Chapter 6. Growth Opportunity & Strategic Analysis
Table 6.1: New Product Launches by Competitor in 2013 and 2014
Table 6.2: New Product Attractiveness Rating by Lucintel
Table 6.3: Capability Enhancement Activities by Competitors
Table 6.4: Strategic Initiatives by Competitors in 2014
Table 6.5: Strategic Initiatives by Competitors in 2013
Table 6.6: New Market Expansion Activities by Major Players
Table 6.7: Type of Market Expansion Activities by Competitors

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