The global flavour and fragrance market totaled $23.9 billion in 2013. This market is expected to grow to $25.3 billion in 2014 and $35.5 billion in 2019, a compound annual growth rate (CAGR) of 5.8%.
This market report organizes information from diverse sources into a cohesive unit that compares natural and synthetic ingredients as well as analyzes the use of raw materials, the flavor and fragrance value chain and Porter's five forces.
BCC Research analyzed key categories, applications and regions to determine present and future flavor and fragrance market status and forecasted growth from 2014 to 2019. The report also discusses market strategies, regulations, patent evaluations and market driving forces.
Natraj Pandal is the BCC Research analyst for this report. Pandal received a Master of Business Administration degree in marketing and systems and a Bachelor of Science degree in science from Osmania University in India. Pandal has more than eight years of experience in business research and market intelligence. He works as a consultant for syndicated projects in different domains such as chemicals, materials, food and beverage, automotive, aerospace, oil and gas, information technology and telecommunications, health care and sporting goods.