According to Fortune Business Insights the global flavors and fragrances market was valued at USD 27.50 billion. It is expected to increase from USD 28.72 billion in 2024 to USD 42.27 billion by 2032, registering a compound annual growth rate (CAGR) of 5.0% throughout the forecast period. The market is anticipated to grow during the projected period due to rapid development in the pharmaceuticals and cosmetics sector.

The global flavors and fragrances market continues to experience steady growth, driven by evolving consumer preferences, expanding personal care and food industries, and innovation in natural and sustainable ingredients. This market encompasses a wide array of applications, ranging from food and beverages to cosmetics, household products, and pharmaceuticals. The increasing demand for customized sensory experiences and clean-label ingredients is reshaping the product development strategies of leading manufacturers.

Get a Free Sample PDF Brochure:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/flavors-and-fragrances-market-102329

List of Key Players Profiled in the Flavors and Fragrances Market Report:

• Givaudan (Switzerland)
• International Flavors and Fragrances (IFF) (U.S.)
• Symrise AG (Germany)
• Robertet Group (France)
• Kerry Group plc (Ireland)
• Sensient Technologies (U.S.)
• Firmenich SA (Switzerland)
• Takasago International Corp (Japan)
• Hasegawa Co., Ltd. (Japan)
• Mane (France)
• Archer Daniel Midland Company (U.S.)
• Solvay S.A. (Belgium)
• BASF (Germany)

Segments: