Global Flavor & Fragrance Market Report - 2011 Edition
Koncept Analytics, December 2011, Pages: 40
Flavors and fragrances from natural resources have attracted human imagination and enriched the life and sensuality of man since the beginning of civilization. With the growth of science through the ages and industrialization in the past century, the use of flavors and fragrances increased immensely in foods, beverages, cosmetics, medicines, and home and personal care products, among others. After suffering a decline in 2009, primarily due to global economic crisis, the global market of flavor and fragrances recorded growth in 2010 in the wake of economic recovery. The market is forecasted to continue to expand at a CAGR of 5.6% during 2011-2013.
The regions accounting for the majority revenue generation in the market include Western Europe and North America. At the same time, the emerging countries of Asia, which include China and India, are increasingly becoming the important growth regions of the flavor and fragrance industry
Flavors and fragrances being used in a variety of consumer products, the economic growth anywhere naturally propels the use of flavor and fragrance and its market. With better education and scientific research people are consciously consuming more flavors and fragrances in products for pleasure, health, and other usages, thus driving the growth of flavor and fragrance market. One conspicuous feature associated with flavor and fragrance industry is the growth in marketing of fine ingredients which are used as raw material in making flavoring and fragrance compounds. Their use in functional foods for health benefits has also increased.
Smaller companies are consolidating with the aim to acquire higher technical capabilities. Also, the chemical companies are diversifying into flavor and fragrance sector, thus creating good opportunities for the growth of the sector.
The market faces the challenge of barrier to the entry of small players into global arena and new players into small and mid-sized segment of flavor and fragrance industry. Uncertainties regarding the availability and about price predictions of natural raw materials due to precarious and delicate ecological conditions, natural calamities also remain a challenge.
The flavor and fragrance industry is highly fragmented with several large, small, and regional players operating in the market. The top four companies, which include Givaudan, IFF, Firmenich, and Symrise, account for the majority revenue generation in the market.
KEY FEATURES
The report provides an in-depth analysis of the global flavor and fragrances market. The various drivers and the challenges faced by the market are discussed in detail. The competitive aspect of the market is also highlighted and the key players are profiled with their strategies for this market.
By combining SPSS Inc.'s data integration and analysis capabilities with relevant findings, the future growth of the industry has been predicted. Various significant variables that have an impact on this industry and created regression models with SPSS Base have been used 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.
1. Industry Structure: Value Chain Analysis
2. Global Flavor and Fragrance Market
Market Overview
Market Value
3. Flavor and Fragrance - Market Segments
3.1 Global Flavor Market
3.1.1 Market Size
3.1.2 Market Characteristics
3.2 Global Fragrance Market
3.2.1 Market Size
3.2.2 Market Characteristics
3.3 Global Fine Ingredients Market
3.3.1 Market Size
3.3.2 Market Characteristics
4. End User Market
4.1 End User Applications of Flavors
4.2 End User Application of Fragrances
5. Geographic Analysis
6. Trends in the Flavor & Fragrance Industry
6.1 Global Market Trends
6.1.1 Smaller Acquisitions Are More Likely
6.1.2 Chemical Majors Diversifying into F&F Sector
6.2 Flavor Market Trends
6.3 Fragrance Market Trends
6.4 Fine Ingredients Market Trends
6.5 Growth Drivers
6.5.1 Growth in Global GDP
6.5.2 Growth in Cosmetics Market
6.5.3 Growth in Beverages Market
6.5.4 Product Innovation
6.6 Challenges
6.6.1 Raw Material – Uncertainties of Price and Availability
6.6.3 High Barriers to Entry
7. Competitive Scenario
Competitive Overview
Market Share
Financial Comparison
8. Company Profiles
8.1 Givaudan SA
Business Description
Financial Overview
Business Strategies
Expanding Reach in Developing Markets
Constant Research & Development
8.2 International Flavors & Fragrances Inc. (IFF)
Business Description
Financial Overview
Business Strategies
Growth Opportunities in Key Global Markets
Strengthening Innovation Platform
8.3 Symrise AG
Business Description
Financial Overview
Business Strategies
Achieving Growth in New Markets
Forming Strategic Alliances
8.4 Firmenich
Business Description
Financial Overview
Business Strategies
Customer Focused Innovation
Achieving Sustainable Leadership
9. Market Outlook
9.1 Market Forecast
9.2 Forecast Methodology
9.2.1 Dependent and Independent Variables
9.2.2 Correlation Analysis
9.2.3 Regression Analysis
List of Charts
Flavor and Fragrance Industry – Supply Chain
Global Flavor and Fragrance Market Revenues, 2001-2010
Global Flavor and Fragrance Market by Segments, 2010
Global Flavor Market Revenues, 2009-2010
Global Fragrance Market Revenues, 2009-2010
Global Fine Ingredients Market Revenues, 2009-2010
Flavor and Fragrance Market Sales by Regions, 2010
Development of GDP, 2009-2010
Global Cosmetics Market Revenues, 2004-2011E
Market Share of Leading Companies in the Flavor & Fragrance Market, 2010
Average Organic Growth of Leading Flavor and Fragrance Companies, 2010
Gross Margins of Leading Flavor and Fragrance Companies, 2010
Relative Research and Development Comparison, 2010
Givaudan's Revenue Share by Business Segments, 2010
Givaudan's Revenues by Business Segments, 2006-2010
IFF's Revenue Share by Business Segments, 2010
IFF's Revenues by Business Segments, 2006-2010
Symrise's Revenue Share by Business Segments, 2010
Symrise's Revenues and Net Income, 2006-2010
Firmenich's Sales Revenues, 2009-2011
Global Flavor and Fragrance Market Forecast, 2009-2013F
List of Tables
Selected Flavor and Fragrance Industry Deals, 2005-2011
Dependent & Independent Variables (2004-2010)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
- Firmenich
- Givaudan SA
- International Flavors & Fragrances Inc. (IFF)
- Symrise AG
Also available
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
