Which companies are included in the flavor and Fragrances industry?
Fragrance and flavor are strong-smelling organic
compounds with usually pleasant odors. Owing to these characteristics, the
fragrance and flavor are mostly used in perfumes and perfumed products and for
the flavoring of food. Whether a product is called a fragrance or a flavor
substance depends on its application and end use. The fragrances and flavors
are derived from synthetic or natural sources. Despite extensive use of flavor
and fragrances from synthetic sources, natural sources provide flavor and
fragrance materials that are unique and effective.
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| flavor and Fragrances |
Key players included are Bell Flavors &
Fragrances,Firmenich SA,Givaudan,International Flavors & Fragrances
Inc.,Mane,Robertet Group,Sensient Technologies Corporation,Symrise AG,T.
Hasegawa U.S.A. Inc.,Takasago International Corporation.
The flavors and fragrances market is expected to
grow at a significant rate owing to driving factors such as rising demand for
convenience foods and rapid growth in industrialization in the developing
regions like the Asia Pacific. The growing popularity of functional foods in
developed countries further boost the demand for flavor and fragrance to
improve the taste of food & beverages. However, Availability and prices of
raw material and stringent government regulation with respect to the use of
synthetic flavors and fragrances in food & beverages are the major factors
hampering the growth of the market. Moreover, rising demand for natural
ingredients across a large number of consumers is anticipated to create a new
opportunity for the market players in the near future.

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