香料與芳香劑前10大製造公司的動向

Abstract

In 2006, the global flavor and fragrance market was worth $ 8bn - the top 10 players profiled in this report comprise 66% of the total market, and still the market continues to consolidate. Major players are acquiring companies to gain competitive advantage, expand and develop expertise and stay ahead in innovation. For example, Givaudan consolidated it' s leading position with the acquisition of Quest in 2007. The Top 10 Flavor and Fragrance Companies is a new report published by Business Insights that analyzes the innovation and growth strategies of the top 10 players in the flavor and fragrance industry. This report identifies the product areas that the top 10 players are seeking to develop and also highlights the respective markets where each individual company is looking to grow. It also examines the comparative strengths, weaknesses, opportunities and threats facing the world' s leading flavor and fragrance companies. Benchmark your performance against the leading flavor companies using market share and financial data in this new report.

Table of Contents

Executive Summary

• Market development
• Givaudan
• International Flavors & Fragrances
• Firmenich
• Symrise
• Takasago International Corporation
• Sensient Technologies Corporation
• T.Hasegawa
• Mane
• Robertet
• Frutarom
• Conclusion

Chapter 1 Report introduction

• Introduction
• Methodology

Chapter 2 Market development

• Summary
• Introduction
• Market size and growth
• Drivers of flavor and fragrance market
• Consolidation of major players
• Shifting base to low cost Chinese market
• Developing innovative flavor combinations
• Technology advances
• Inhibitors of flavor and fragrance market
• Long term relationships
• Research and development
• Compliance with quality and regulatory standards
• Investments in production in the field of fine ingredients
• Future outlook

Chapter 3 Givaudan

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Strategies for growth
• Expanding Givaudan' s market position
• Introduction of new products
• Investments
• Introduction of newly creative and innovative ideas
• Movement towards health and wellness products
• Innovation and NPD
• SWOT analysis
• Strengths
  • Market leadership
  • Diversified portfolio and innovation
  • Increased market share
• Weaknesses
  • Customer concentration
  • Integration risks
• Opportunities
  • Good growth in developing markets
  • Consolidation of big players
  • Strong growth in fine fragrances
• Threats
  • High raw material prices
  • Rising competition
  • Regulation
  • General market risks

Chapter 4 International Flavors & Fragrances

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Fragrances
• Flavors
• Strategies for growth
• Focus on core business
• Innovation
• Innovation and NPD
• SWOT analysis
• Strengths
  • Strong market position
  • Strong focus on core business
  • Strong R&D activities
• Weaknesses
  • Weak liquidity position
• Opportunities
  • Rising demand for flavors in savory and beverage applications
  • Rising demand in India and China
• Threats
  • Compliance with regulations
  • Increases in raw material costs

Chapter 5 Firmenich

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Perfume division
• Flavors division
• Ingredients division
• Strategies for growth
• Inorganic growth
• Operational initiatives
• Innovation and NPD
• SWOT analysis
• Strengths
  • Strong market position
• Weaknesses
  • Ownership status
• Opportunities
  • Acquisition of Danisco' s Flavor division
• Threats
  • Competition

Chapter 6 Symrise

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Flavor and Nutrition
• Scent and Care
• Strategies for growth
• Inorganic growth
• Expansion into new markets
• Strategic alliances
• Innovation and NPD
• SWOT analysis
• Strengths
  • Strong positioning in attractive markets
• Weaknesses
  • Declining profitability
• Opportunities
  • Acquisitions
  • Beverages as a growth market
• Threats
  • Increasing raw material costs

Chapter 7 Takasago International

• Corporation
• Summary
• Introduction
• History
• Recent financial performance
• Market positioning
• Flavors
• Fragrances
• Aroma chemicals
• Fine chemicals
• Strategies for growth
• Reinforce its position
• Global expansion
• Innovation and NPD
• SWOT analysis
• Strengths
  • Presence in China
  • Strong financials
• Weaknesses
  • Dependence on Japan and Western Europe
• Opportunities
  • Expansion of facilities in key markets
  • Renovation of Shanghai Creation Center
• Threats
  • Matured domestic market for fragrances

Chapter 8 Sensient Technologies Corporation

• Summary
• Introduction
• History
• Recent financial performance
• Market positioning
• Flavors and Fragrances
• Color
• The Asia-Pacific group
• Strategies for growth
• Product expansion
• Exploring new markets
• Improved pricing and cost savings
• Innovation and NPD
• Sensient' s future
• SWOT analysis
• Strengths
  • Strong results
  • Diversified revenue line
• Weaknesses
  • High dependence on the North American market
• Opportunities
  • Growth of cosmetics in emerging markets
  • Stable global dairy market
• Threats
  • Competition
  • Laws and regulations

Chapter 9 T.Hasegawa

• Summary
• Introduction
• History
• Recent financial performance
• Market positioning
• Flavors
• Fragrances
• Strategies for growth
• Focus on core business
• Expansion in global market
• Integrating R&D system
• SWOT analysis
• Strengths
  • Strong market position
• Weaknesses
  • Weak performance of the fragrance division
• Opportunities
  • Expansion plans
  • Focus on China
• Threats
  • Saturating domestic flavored beverage market

Chapter 10 Mane

• Summary
• Introduction
• History
• Recent financial performance
• Market positioning
• Strategies for growth
• International expansion
• Movement towards organic and natural products
• Innovations and NPD
• SWOT analysis
• Strengths
  • Strong revenue growth
• Weaknesses
  • Low R&D expenditure
• Opportunities
  • Relocation of production facility in Bangkok
• Threats
  • Increasing raw material costs

Chapter 11 Robertet

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Strategies for growth
• Expansion in US
• Inorganic growth
• Innovation and NPD
• SWOT analysis
• Strengths
  • Geographically diversified operations
• Weaknesses
  • Weak profitability
• Opportunities
  • Expansion of flavor facility in US
• Threats
  • Consolidation

Chapter 12 Frutarom

• Summary
• Introduction
• History
• Recent financial performance
• Acquisitions and divestments
• Market positioning
• Flavors
• Fine Ingredients
• Trade and Marketing
• Strategies for growth
• Focus on core businesses
• Focus on superior customer service and product development
• Expand market position in developed and emerging markets
• Expand position in natural and healthy products
• Focus on research and development
• Enhance profitability
• Innovation and NPD
• SWOT analysis
• Strengths
  • Established global company
  • Strong presence in emerging markets
  • Strong technological base and innovation
• Weaknesses
  • Weak liquidity position
  • Litigations
• Opportunities
  • Growth through strategic acquisitions
• Threats
  • Compliance with environmental regulations
  • Increased competition in fine ingredients

Chapter 13 Other major flavor and fragrance companies

• BASF Aktiegesellschaft
• Company information
• Market positioning and NPD
• Evonik Degussa
• Company information
• Market positioning and NPD
• Kao Corporation
• Company information
• Market positioning and NPD
• Kerry Group
• Company information
• Market positioning and NPD
• Lyondell Chemical Company
• Company information
• Market positioning and NPD
• Ogawa & Co., Ltd
• Company information
• Market positioning and NPD
• Polarome International Incorporated
• Company information
• Rhodia SA
• Company information
• Market positioning and NPD
• Soda Aromatic Co, Ltd.
• Company information
• Market positioning and NPD
• Zeon Corporation
• Company information

Chapter 14 Conclusions

• Summary
• Introduction
• Trends
• Innovation and new product development
• Growth in developing markets
• Strategies for success
• Inorganic growth
• Expanding market position in emerging markets
• Focus on R&D
• Focus on core business
• Outlook
• Index

List of Figures

• Figure 2.1: Turnover of flavor and fragrance divisions in the top 10 players, $m, 2006
• Figure 3.2: Givaudan financial performance, CHFm, 2003-2006
• Figure 3.3: Sales composition by division, 2006
• Figure 3.4: Givaudan revenues, CHFm, 2006
• Figure 3.5: Sales evolution by region, 2005-2006
• Figure 3.6: Givaudan SWOT analysis
• Figure 4.7: IFF financial performance, $m, 2003-2006
• Figure 4.8: IFF R&D spend, 2006
• Figure 4.9: IFF SWOT analysis
• Figure 5.10: Firmenich SWOT analysis
• Figure 6.11: Symrise financial performance, €m, 2005-2006
• Figure 6.12: Symrise SWOT analysis
• Figure 7.13: Takasago financial performance, ¥m, 2003-2006
• Figure 7.14: Takasago SWOT analysis
• Figure 8.15: Sensient financial performance, $m, 2003-2006
• Figure 8.16: Flavors and fragrances, revenue by product line
• Figure 8.17: Color, revenue by product line
• Figure 8.18: Sensient SWOT analysis
• Figure 9.19: T.Hasegawa financial performance, ¥m, 2004-2007
• Figure 9.20: Flavors revenue by product line, 2006
• Figure 9.21: T.Hasegawa SWOT analysis
• Figure 10.22: Mane financial performance, €m, 2003-2005
• Figure 10.23: Sales by business segment, 2006
• Figure 10.24: Mane SWOT analysis
• Figure 11.25: Robertet financial performance, €m, 2004-2006
• Figure 11.26: Robertet SWOT analysis
• Figure 12.27: Frutarom financial performance, $m, 2003-2006
• Figure 12.28: Frutarom SWOT analysis

List of Tables

• Table 2.1: Turnover of flavor and fragrance division in the top 10 players, $m, 2006
• Table 3.2: Givaudan financial performance, CHFm, 2003-2006
• Table 3.3: Givaudan geographical revenues, $m, 2003-2006
• Table 4.4: IFF financial performance, $m, 2003-2006
• Table 4.5: IFF business segment revenues, $m, 2004-2006
• Table 4.6: IFF geographical revenues, $m, 2003-2006
• Table 6.7: Symrise financial performance, €m, 2005-2006
• Table 6.8: Symrise business segment revenues, €m, 2005-2006
• Table 6.9: Symrise geographical revenues, €m, 2005-06
• Table 7.10: Takasago financial performance, ¥m, 2003-2006
• Table 8.11: Sensient financial performance, $m, 2003-2006
• Table 8.12: Sensient business segment revenues, $m, 2003-2006
• Table 8.13: Sensient geographical revenues, $m, 2003-2006
• Table 9.14: T.Hasegawa financial performance, ¥m, 2004-2007
• Table 9.15: T.Hasegawa business segment revenues, ¥m, 2004-2007
• Table 10.16: Mane financial performance, €m, 2003-2006
• Table 11.17: Robertet financial performance, €m, 2004-2006
• Table 11.18: Robertet business segment revenues, €m, 2005-2006
• Table 11.19: Robertet geographical revenues, €m, 2005-2006
• Table 12.20: Frutarom financial performance, $m, 2003-2006
• Table 12.21: Frutarom geographical revenue distribution, $m,
• Table 12.22: Frutarom business segment revenue distribution, $m, 2003-2006