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Flavor and Fragrances Industry

01 April 2019 Marifaith Hackett, Ph.D.

Flavors and fragrances are integral components of a wide range of consumer goods. Natural and synthetic flavor compositions are responsible for the fruity taste of cherry cola and the cool mint flavor of toothpaste. Fragrance compositions add the fresh scent of pine to household cleaning products and exotic top notes to fine perfumes. Worldwide consumption of flavor and fragrance (F&F) products—flavor and fragrance compositions as well as the essential oils, natural extracts, and aroma chemicals that serve as starting materials—amounted to almost $40 billion in 2018 (merchant sales of F&F products only).

What market is having vibrant growth?

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Flavors and Fragrances report by IHS Markit provides a strategic analysis of this industry including market drivers, key players, industry structure and dynamics, critical factors for success, and threats or opportunities.

Posted 01 April 2019 by Marifaith Hackett, Director, Specialty Chemicals, S&P Global Commodity Insights


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