Global Flavor and Fragrance Market Report: 2014 Edition


#238052

60pages

Koncept Analytics

$ 800

In Stock


The flavors and fragrances (F&F) market is part of a larger market which supplies a variety of ingredients and components that consumer product manufacturers utilize in their products. The broader market includes large multinational companies and smaller regional and local participants which supply products such as seasonings, texturizers, spices, enzymes, fortified products and cosmetic ingredients. The companies in F&F market are targeting their activities towards highly populated and rapidly expanding regions of the world like Asia Pacific, Latin America, Middle East and Africa. North America constituted the largest market for flavors and fragrances followed by Asia-Pacific, Western Europe and South America. It is projected that Asia-Pacific will gradually overtake North America due to the much faster growth anticipated for this region.

The global flavors and fragrances market is growing on the back of incessantly increasing demand from emerging markets, rising preference of packaged foods and beverages and escalating cosmetics industry. Ameliorating global economic development and emerging middle class population are other major factors which are bolstering the respective market. Ongoing mergers and acquisitions, changing consumer drinking habits and demand for convenience and differentiation are the significant trends observed in the F&F market. However, there are many factors which hinder the growth of respective industry, some of which are high research and development cost, regulatory risks, significant barriers to entry and fluctuating raw material prices.

This report offers a comprehensive analysis of the global flavors and fragrances market, along with an in-depth study of each of its segments. The report also includes a detailed description of global fine ingredients market. The global flavors and fragrances industry is characterized by its dynamic structure and intense competition among the companies operating here. To remain competitive, the players continue to invest heavily in research and development. Givaundan is the market leader in global F&F industry followed by Firmenich, IFF, Symrise, Takasago, Wild Flavors, Mane SA, Sensient Flavors and Frutarom. The competitive landscape along with the company profiles of the leading players in the market is discussed in detail.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
Table of Content

1. Flavors & Fragrances: An Overview
1.1 Types
1.1.1 Flavorants
1.1.2 Smell
1.1.3 Taste
1.2 Applications of Flavors and Fragrances
1.2.1 Flavors
1.2.2 Fragrances
1.3 Industry Structure: Value Chain Analysis

2. Flavors & Fragrances: Market Analysis
2.1 Global Market
2.2 Geographical Segmentation of F&F Market
2.3 Global Flavors Market
2.3.1 Market Size
2.3.2 Market Characteristics
2.3.3 End Markets
2.4 Global Fragrance Market
2.4.1 Market Size
2.4.2 Market Characteristics
2.4.3 End Use Applications
2.5 Global Fine Ingredients Market
2.5.1 Market Size
2.5.2 Market Characteristics

3. Market Dynamics
3.1 Recent Trends & Developments
3.1.1 Demand from Emerging Markets
3.1.2 Innovation in Flavored Beverages
3.1.3 M&A Activities
3.2 Growth Drivers
3.2.1 Rising Global Population
3.2.2 Global Economic Growth
3.2.3 Emerging Middle Class
3.2.4 Rising Preference of Packaged Food & Beverage
3.2.5 Demand in Cosmetics Market
3.2.6 Rising Urbanization
3.3 Key Issues
3.3.1 Barriers to Entry
3.3.2 Fluctuating Raw Material Prices
3.3.3 Regulatory Changes
3.3.4 High Research and Developmental Costs

4. Competitive Landscape
4.1 Global Fragrance Market
4.2 Global Flavor Market
4.3 Comparison of Major Market Players

5. Company Profiles
5.1 Givaudan SA
5.1.1 Business Description
5.1.2 Financial Overview
5.1.3 Business Strategies
  • Expansion in Emerging Economies
  • Growth through Strategic Acquisitions
5.2 International Flavors & Fragrances Inc. (IFF)
5.2.1 Business Description
5.2.2 Financial Overview
5.2.3 Business Strategies
  • Expanding Geographic Reach
  • Strengthening Innovation Platform
5.3 Symrise AG
5.3.1 Business Description
5.3.2 Financial Overview
5.3.3 Business Strategies
  • Expansion in Emerging Markets
  • Focus on R&D and Product Innovation

6. Market Outlook
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis

Types of Flavoring in Food
List of Chemicals and Their Odor
End User Application of Fragrance
Geographical Breakdown of Sales of the Major Companies (2013)
Notable M&A Transaction in Emerging Markets
Recent M&A Deals in the Food Ingredients Sector
Total Middle Class Consumption by Region (2009-2030)
Middle Class Consumption of Top 10 Countries (2009-2030)
Financial Comparison of Key Players (2013)
Profitability Comparison of Key Players (2013)
Dependent & Independent Variables (2006-2013)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output

Flavor and Fragrance Industry – Supply Chain
Global Flavor and Fragrance Market Revenues (2006-2013)
Segmentation of F&F Market (2013E)
Global Flavor and Fragrance Consumption by Region (2013)
Forecast - Global Flavor and Fragrance Consumption by Region (2017E)
Global Flavor Market Revenues (2009-2013E)
Share of End Use Applications of Flavors (2013)
Global Fragrance Market Revenues (2009-2013E)
Share of End Use Applications of Fragrances (2013)
Global Fine Ingredients Market Revenues (2009-2013E)
Global Population Growth (1960-2050E)
Global GDP (2006-2013)
World GDP per Capita (2006-2013)
Global Middle Class Population by Region (2009-2030)
Structure of Food Ingredients Market (2013)
Global Food and Beverage Industry – by Value (2006-2013E)
Global Packaged Food Retail Volume (2006-2013E)
Worldwide Soft Drinks Consumption – by Volume (2007-2013)
Global Cosmetics Market and Annual Growth (2006-2013E)
Global Urban Population (2007-2013)
R&D Cost of Major F&F Market Players (2013)
Competitive Landscape of Flavors and Fragrance Industry (2013)
Market Share of Fragrance Industry by Company (2013)
Market Share of Flavor Industry by Company (2013)
Givaudan’s Revenue Share by Business Segments (2013)
Givaudan’s Revenue Share by Geography (2013)
Givaudan’s Revenues by Business Segments (2009-2013)
IFF Revenues Share by Business Segments (2013)
IFF Revenue Share by Geographic Region (2013)
IFF’s Revenue and Net Income (2011-2013)
Symrise’s Revenue Breakup by Business Segments (2013)
Symrise’s Revenue Breakup by Regions (2013)
Symrise’s Sales and Net Income (2009-2013)
Global Flavors and Fragrance Market Forecast (2012-2017E)