2014

World Flavors & Fragrances Market

NEW YORK, Oct. 10, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

World Flavors & Fragrances Market

http://www.reportlinker.com/p01008680/World-Flavors--Fragrances-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Fragrance

 

Global demand to rise 4.4% annually through 2016

Worldwide demand for flavors and fragrances -- including flavor blends, fragrance blends, essential oils, and aroma chemicals -- will rise 4.4 percent annually through 2016, reaching $26.5 billion. Increasing packaged food manufacturing, especially of convenience products that require higher flavor usage, will drive fast growth in developing countries. Rising personal consumption expenditures in these emerging economies will also stimulate toiletry and cleaner shipments, which will contribute to healthy growth in fragrance blends. Increasing global interest in products that promote health benefits will also drive demand in both the food and beverage and cosmetics and toiletry markets, as masking flavors and fragrances are employed in conjunction with antioxidants and vitamins to reduce off-tastes and off-odors. Furthermore, efforts in developed countries to reduce calories, salt, and fat in foods will increase demand for flavors to improve the taste of those products.

 

Consumer trends favoring higher value products

Globally, there has been a rising interest in natural, organic, and more expensive products across a number of consumer markets, including food and beverages and toiletries and cleaners. Industry efforts to meet this demand will drive increased value consumption of nearly all types of flavors and fragrances, with the exception of aroma chemicals, which will be replaced by essential oils in certain product categories.

 

Food & beverage market to benefit from urbanization & health concerns

Rapidly rising incomes and urbanization in developing countries is spurring interest in convenient packaged foods and fast food, which will also boost growth in the food and beverage market, as packaged goods require high flavoring loadings to preserve taste in the face of large-scale manufacturing. This will lead to particularly fast growth in countries such as China and India in the Asia/ Pacific region, as well as countries in Central and South America. In developed countries, food and beverage flavor and fragrance demand will benefit from increasing customer interest in vitamincontaining foods, which require flavors to mask the unpleasant taste of these ingredients, and growing concerns about obesity. Government programs to reduce calories, fats, and sodium in foods will favor healthier alternatives that generally require more flavors to preserve good taste. However, the long term impact of this effort will depend on consumer acceptance.

 

Health concerns to also drive toiletry/cleaner uses

Health concerns will also drive growth in the toiletry and cleaner market. Cosmeceuticals and anti-aging cream, popular among the expanding older segments of the population in developed countries, contain additives with off-odors that must be masked by fragrances. However, increasing consumer interest in fragrancefree products, as well as limited opportunities in the cleaner market, will limit even faster advances. While demand in developed countries is relatively mature, the continued recovery in cosmetics and toiletry shipments from the 2009 global economic recession will improve consumption of fragrances in areas such as Western Europe and North America.

 

Study coverage

Details on these and other key findings are contained in World Flavors & Fragrances. This report presents historical demand data for 2001, 2006 and 2011, as well as forecasts for 2016 and 2021 by product, market, world region and for 18 major countries. The study also considers market environment factors, evaluates company market share, and profiles 37 global competitors such as Firmenich, Givaudan, International Flavors & Fragrances, and Symrise.

 

TABLE OF CONTENTS

INTRODUCTION xi

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Economic Overview 5

Recent Historical Trends 5

World Economic Outlook 7

World Population Outlook 11

World per Capita Gross Domestic Product 13

World Personal Consumption Expenditure Trends 15

World Manufacturing Outlook 17

World Food & Beverage Manufacturing Outlook 19

World Beverage & Soft Drink Outlook 21

World Toiletry & Cleaner Outlook 26

Environmental & Regulatory Issues 29

Flavors 30

Fragrances 33

 

III. OVERVIEW 36

General 36

Product Overview 36

Flavor Blends 39

Fragrance Blends 42

Essential Oils & Natural Extracts 46

Aroma Chemicals 50

Market Overview 53

Food & Beverages 56

Toiletries & Cleaners 59

Other Markets 62

Regional Overview 65

Demand 66

Per Capita Consumption Trends 68

Production 71

World Trade Outlook 73

 

IV. NORTH AMERICA 76

General 76

Supply & Demand 78

Markets 81

United States 83

Canada 90

Mexico 96

 

V. WESTERN EUROPE 103

General 103

Supply & Demand 105

Markets 108

France 110

Germany 116

Italy 122

Netherlands 129

Spain 135

Switzerland 140

United Kingdom 146

Other Western Europe 152

 

VI. ASIA/PACIFIC 158

General 158

Supply & Demand 160

Markets 163

Australia 164

China 171

India 178

Japan 185

South Korea 192

Taiwan 198

Other Asia/Pacific 204

 

VII. OTHER REGIONS 212

Central & South America 212

Demand by Type & Market 214

Brazil 216

Other Central & South America 222

Eastern Europe 227

Demand by Type & Market 230

Russia 232

Other Eastern Europe 238

Africa/Mideast 243

Demand by Type & Market 246

Suppliers 248

 

VIII. INDUSTRY STRUCTURE 250

General 250

Market Share 254

Acquisitions & Divestitures 259

Competitive Strategies 264

Product Differentiation 265

Market Segmentation 266

Cooperative Agreements 267

Research & Development 270

Manufacturing Methods 274

Marketing & Distribution 277

Company Profiles 279

Agilex Flavors & Fragrances Incorporated 280

Aromatech France 281

Aromco, see ICC Industries

BASF SE 283

Bell Flavors & Fragrances Incorporated 285

Belmay Incorporated 287

BIOLANDES SAS 288

Cargill Flavor Systems, see Kerry Group

Cargill Incorporated 290

Charabot, see Robertet

China Flavors & Fragrances Company Limited 291

Cognis, see BASF

ConAgra Foods Incorporated 292

CPL Aromas Limited 293

Derives Resiniques et Terpeniques 295

ETOL dd, see ICC Industries

Firmenich SA 297

FlavourCraft, see Kerry Group

Frutarom Industries, see ICC Industries

Givaudan SA 301

Hasegawa (T.) Company Limited 307

Huabao International Holdings Limited 309

ICC Industries Incorporated 311

International Flavors & Fragrances Incorporated 316

Kao Corporation 322

Kerry Group plc 324

Lucta SA 327

LyondellBasell Flavors and Fragrances, see Renessenz

LyondellBasell Industries NV 329

Mane (V.) Fils SA 330

McCormick & Company Incorporated 332

Michael (David) & Company 334

Mylner Industria E Comercio Limitada, see ICC

Industries

Nagaoka Perfumery Company Limited 336

Ogawa & Company Limited 337

Plantes Aromatiques du Diois, see Robertet

Renessenz LLC 338

Rhodia, see Solvay

Robertet SA 340

Savoury Flavours Holding, see ICC Industries

Sensient Technologies Corporation 343

Soda Aromatic Company Limited 347

Solvay SA 348

Spicetec Flavors & Seasonings, see ConAgra Foods

Symrise AG 351

Takasago International Corporation 356

Todd (AM), see WILD (Rudolf) & Company

Treatt (RC) plc 360

Wanxiang International Limited 362

WILD (Rudolf) GmbH & Company KG 363

ZEON Corporation 366

Additional Companies Mentioned in Study 368

 

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 World Gross Domestic Product by Region 11

2 World Population by Region 13

3 World per Capita Gross Domestic Product by Region 15

4 World Personal Consumption Expenditures 17

5 World Manufacturing Value Added by Region 19

6 World Food & Beverage Manufacturing Value Added by Region 21

7 World Carbonated Soft Drink Consumption by Region 25

8 World Toiletry & Cleaner Shipments by Region & Type 29

 

SECTION III -- OVERVIEW

1 World Flavor & Fragrance Demand by Product 38

2 World Flavor Blend Demand by Region 41

3 World Fragrance Blend Demand by Region 45

4 World Essential Oil & Natural Extract Demand by Region 49

5 World Aroma Chemical Demand by Region 52

6 World Flavor & Fragrance Demand by Market 55

7 World Food & Beverage Market for Flavors by Region 58

8 World Toiletry & Cleaner Market for Fragrances by Region 61

9 Other Markets for Flavors & Fragrances by Region 64

10 World Flavor & Fragrance Demand by Region 67

11 World Flavor & Fragrance Production by Region 72

12 World Net Exports of Flavors & Fragrances by Region 75

 

SECTION IV -- NORTH AMERICA

1 North America: Flavor & Fragrance Market Environment 78

2 North America: Flavor & Fragrance Supply & Demand 80

3 North America: Flavor & Fragrance Markets 82

4 United States: Flavor & Fragrance Market Environment 85

5 United States: Flavor & Fragrance Supply & Demand 87

6 United States: Flavor & Fragrance Markets 89

7 Canada: Flavor & Fragrance Market Environment 92

8 Canada: Flavor & Fragrance Supply & Demand 94

9 Canada: Flavor & Fragrance Markets 95

10 Mexico: Flavor & Fragrance Market Environment 98

11 Mexico: Flavor & Fragrance Supply & Demand 100

12 Mexico: Flavor & Fragrance Markets 101

 

SECTION V -- WESTERN EUROPE

1 Western Europe: Flavor & Fragrance Market Environment 105

2 Western Europe: Flavor & Fragrance Supply & Demand 107

3 Western Europe: Flavor & Fragrance Markets 110

4 France: Flavor & Fragrance Market Environment 112

5 France: Flavor & Fragrance Supply & Demand 114

6 France: Flavor & Fragrance Markets 115

7 Germany: Flavor & Fragrance Market Environment 118

8 Germany: Flavor & Fragrance Supply & Demand 120

9 Germany: Flavor & Fragrance Markets 121

10 Italy: Flavor & Fragrance Market Environment 124

11 Italy: Flavor & Fragrance Supply & Demand 126

12 Italy: Flavor & Fragrance Markets 128

13 Netherlands: Flavor & Fragrance Market Environment 131

14 Netherlands: Flavor & Fragrance Supply & Demand 132

15 Netherlands: Flavor & Fragrance Markets 134

16 Spain: Flavor & Fragrance Market Environment 137

17 Spain: Flavor & Fragrance Supply & Demand 138

18 Spain: Flavor & Fragrance Markets 139

19 Switzerland: Flavor & Fragrance Market Environment 142

20 Switzerland: Flavor & Fragrance Supply & Demand 143

21 Switzerland: Flavor & Fragrance Markets 145

22 United Kingdom: Flavor & Fragrance Market Environment 148

23 United Kingdom: Flavor & Fragrance Supply & Demand 149

24 United Kingdom: Flavor & Fragrance Markets 151

25 Other Western Europe: Flavor & Fragrance

Market Environment 154

26 Other Western Europe: Flavor & Fragrance

Supply & Demand 155

27 Other Western Europe: Flavor & Fragrance Markets 156

 

SECTION VI -- ASIA/PACIFIC

1 Asia/Pacific: Flavor & Fragrance Market Environment 160

2 Asia/Pacific: Flavor & Fragrance Supply & Demand 162

3 Asia/Pacific: Flavor & Fragrance Markets 164

4 Australia: Flavor & Fragrance Market Environment 167

5 Australia: Flavor & Fragrance Supply & Demand 168

6 Australia: Flavor & Fragrance Markets 170

7 China: Flavor & Fragrance Market Environment 173

8 China: Flavor & Fragrance Supply & Demand 175

9 China: Flavor & Fragrance Markets 177

10 India: Flavor & Fragrance Market Environment 180

11 India: Flavor & Fragrance Supply & Demand 182

12 India: Flavor & Fragrance Markets 184

13 Japan: Flavor & Fragrance Market Environment 187

14 Japan: Flavor & Fragrance Supply & Demand 189

15 Japan: Flavor & Fragrance Markets 191

16 South Korea: Flavor & Fragrance Market Environment 194

17 South Korea: Flavor & Fragrance Supply & Demand 196

18 South Korea: Flavor & Fragrance Markets 197

19 Taiwan: Flavor & Fragrance Market Environment 200

20 Taiwan: Flavor & Fragrance Supply & Demand 202

21 Taiwan: Flavor & Fragrance Markets 203

22 Other Asia/Pacific: Flavor & Fragrance Market Environment 206

23 Other Asia/Pacific: Flavor & Fragrance Supply & Demand 208

24 Other Asia/Pacific: Flavor & Fragrance Markets 210

 

SECTION VII -- OTHER REGIONS

1 Central & South America: Flavor & Fragrance Market

Environment 214

2 Central & South America: Flavor & Fragrance Demand

by Type & Market 216

3 Brazil: Flavor & Fragrance Market Environment 219

4 Brazil: Flavor & Fragrance Demand by Type & Market 221

5 Other Central & South America: Flavor & Fragrance Market

Environment 224

6 Other Central & South America: Flavor & Fragrance Demand

by Type & Market 226

7 Eastern Europe: Flavor & Fragrance Market Environment 230

8 Eastern Europe: Flavor & Fragrance Demand

by Type & Market 232

9 Russia: Flavor & Fragrance Market Environment 235

10 Russia: Flavor & Fragrance Demand by Type & Market 237

11 Other Eastern Europe: Flavor & Fragrance

Market Environment 240

12 Other Eastern Europe: Flavor & Fragrance Demand

by Type & Market 242

13 Africa/Mideast: Flavor & Fragrance Market Environment 246

14 Africa/Mideast: Flavor & Fragrance Demand

by Type & Market 248

 

SECTION VIII -- INDUSTRY STRUCTURE

1 World Flavor & Fragrance Sales by Company, 2011 251

2 Selected Acquisitions & Divestitures 262

3 Selected Cooperative Agreements 269

4 R&D Spending Patterns: Selected Flavor

& Fragrance Suppliers 274

 

LIST OF CHARTS

SECTION III -- OVERVIEW

1 World Flavor & Fragrance Demand by Product, 2011 38

2 World Flavor Blend Demand by Region, 2011 42

3 World Fragrance Blend Demand by Region, 2011 46

4 World Essential Oil & Natural Extract Demand

by Region, 2011 50

5 World Aroma Chemical Demand by Region, 2011 53

6 World Flavor & Fragrance Demand by Market, 2011 55

7 World Food & Beverage Market for Flavors by Region, 2011 59

8 World Toiletry & Cleaner Market for Fragrances

by Region, 2011 62

9 Other Markets for Flavors & Fragrances by Region, 2011 65

10 World Flavor & Fragrance Demand by Region, 2011 68

11 Flavor & Fragrance Demand per Capita/ Personal Consumption

Expenditures per Capita Relationship, 2011 70

12 World Flavor & Fragrance Production by Region, 2011 73

SECTION IV -- NORTH AMERICA

1 North America: Flavor & Fragrance Demand

by Country, 2011 81

SECTION V -- WESTERN EUROPE

1 Western Europe: Flavor & Fragrance Demand

by Country, 2011 108

SECTION VI -- ASIA/PACIFIC

1 Asia/Pacific: Flavor & Fragrance Demand by Country, 2011 163

SECTION VIII -- INDUSTRY STRUCTURE

1 World Flavor & Fragrance Market Share, 2011 254

 

To order this report:

Fragrance Industry: World Flavors & Fragrances Market

Nicolas Bombourg
Reportlinker
Email: nicolasbombourg@reportlinker.com
US: (805)652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker



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