香精香料市場 - 預測 2023-2028
市場調查報告書
商品編碼
1295407

香精香料市場 - 預測 2023-2028

Flavors and Fragrances Market - Forecasts from 2023 to 2028

出版日期: | 出版商: Knowledge Sourcing Intelligence | 英文 138 Pages | 商品交期: 最快1-2個工作天內

價格
簡介目錄

香精香料市場預計將從 2021 年的 303.23 億美元增長到 2028 年的 425.32 億美元,複合年增長率為 4.95%。

中國和印度等新興經濟體的人口增長和可支配收入的增加正在推動對個人護理和化妝品的需求。 此外,發達國家和新興國家持續忙碌的生活方式預計將繼續推動對加工食品和飲料的需求,從而增加對香精香料的需求。 然而,由於供應鏈困難導致原材料成本上漲正在影響市場。 例如,2022 年 3 月 17 日,洲際香精香料公司宣布其香精香料解決方案大幅提價。

驅動程序

對方便食品的偏好與日俱增

消費者對快餐和便餐的偏好推動了香精香料市場的增長。 香精和香料經常用於即食食品中,以改善口味和延長保質期。 忙碌的生活方式,加上職業女性數量的增加,正在推動即食食品的需求。

2020 年3 月發表在《當代應用科學與技術雜誌》上的一項研究發現,大多數職業女性(約41.7%)將其總食品支出的30% 或更多花在即食食品上,而,不使用方便食品的女性(55%)在方便食品上的花費超過10%,表明職業女性使用方便食品的頻率更高。 因此,由於消費者對即食食品的偏好不斷增加,預計在預測期內對香精香料的需求將會擴大。

城市化

城市化正在推動食品和飲料行業的擴張,創造對香精香料的需求。 Chipotle 等快速休閒連鎖店迎合了城市消費者的口味,追求大膽、獨特的口味,融入香菜、酸橙和煙熏香料等芳香成分,打造以城市為中心的餐廳。菜單增強了味覺體驗。

市場趨勢:

  • 2022 年 6 月,BASF香精香料部門推出了新的數字平台“虛擬香精助手”,以方便瀏覽BASF香精香料系列。 新的虛擬香氣助手體現了該公司致力於滿足客戶對環保產品、技術進步和簡化程序的需求。
  • 此外,International Flavors & Fragrance, Inc. 宣布將於 2021 年 2 月以 262 億美元的價格與杜邦營養與生物科學公司合併。 這將使該公司能夠將杜邦的益生菌、□和食品保護能力與其食品香精香料業務結合起來。
  • 總部位於美國的香精香料製造商 International Flavors & Fragrance, Inc. 於 2021 年 7 月在北美推出“GUARDIAN Chelox 30 C”。 價格合理,天然香料,用途廣泛。
  • 此外,Sensient Solutions Corporation 於 2021 年 7 月收購了 Flavor Solutions, Inc.,這是一家為飲料、食品和營養補充劑市場提供香精香料解決方案的供應商。

這些新興國家的趨勢正在成為香精香料市場增長的進一步驅動因素。

食品和飲料是我們的主要細分市場。

按照應用,香精香料市場分為食品和飲料、藥品、化妝品、個人護理、家居用品等。 由於乳製品、休閒食品和烘焙產品等食品中增味劑的使用不斷增加,香精香料市場預計將強勁增長。 麵包店使用香精香料來增加產品的氣味穩定性並添加顧客想要的口味。 由於生活方式的改變,對加工食品和方便食品的需求增加也推動了對香精香料的需求。

香精香料還應用於飲料加工中,以增強軟飲料和能量飲料的刺激效果。 對即飲飲料的需求增加預計將推動對製造這些飲料的香精香料的需求。 可口可樂是世界上最大的飲料製造商之一,幾乎在其所有產品中都使用香精香料,以提高其產品的質量和口味,並增強其刺激效果。 2021年至2022年,該公司的淨營業收入預計將增長近7%。

地理洞察

北美受益於有機和清潔標籤產品的日益普及、食品飲料和個人護理等各個行業的應用不斷擴大,以及消費者對感官體驗的日益偏好。 與此同時,由於對天然和可持續材料的需求不斷增長、可支配收入不斷增加、全球烹飪趨勢的影響以及個人護理和家居產品中香精香料的使用不斷增加,歐洲市場正在經歷顯著增長。分享一下。 預計亞太地區將受到人口增長、城市化、消費者生活方式變化以及對方便食品和個人護理產品需求不斷增長的推動。

北美市場洞察

該區域市場進一步細分為美國、加拿大和墨西哥。 由於消費者對獨特和創新口味體驗的強烈偏好、對天然和清潔標籤產品的需求不斷增加以及食品和飲料行業的擴張,美國占據了該市場的最大份額。

美國消費者正在尋找新的、令人興奮的口味,並在他們的食品和飲料中尋找各種口味和香料。 這包括對異國水果、融合風味和非常規組合的需求,以滿足不斷變化的消費者口味。 美國不斷增長的城市人口正在推動對各種香精香料的需求。 例如,多元文化城市社區的興起為獨特的民族風味和香水創造了市場,例如墨西哥香料和中東沉香香水,以滿足特定的文化偏好。

內容

第一章簡介

  • 市場概況
  • 市場定義
  • 調查範圍
  • 市場細分
  • 貨幣
  • 先決條件
  • 基準年和預測年時間表

第 2 章研究方法

  • 調查數據
  • 先決條件

第 3 章執行摘要

  • 調查要點

第 4 章市場動態

  • 市場驅動因素
  • 市場製約因素
  • 波特五力分析

第 5 章香精香料市場:按格式

  • 簡介
  • 自然
  • 合成

第 6 章香精香料市場:按類型

  • 簡介
  • 味道
  • 香水

第 7 章香精香料市場:按成分分類

  • 簡介
  • 精油
  • 香水
  • 其他

第 8 章香精香料市場:按應用分類

  • 簡介
  • 食品和飲料
  • 藥品
  • 化妝品和個人護理品
  • 家居用品
  • 其他

第 9 章香精香料市場:按地區劃分

  • 簡介
  • 北美
    • 按形式
    • 按類型
    • 按原材料分類
    • 按用途
    • 按國家/地區
  • 南美洲
    • 按形式
    • 按類型
    • 按原材料分類
    • 按用途
    • 按國家/地區
  • 歐洲
    • 按形式
    • 按類型
    • 按原材料分類
    • 按用途
    • 按國家/地區
  • 中東和非洲
    • 按形式
    • 按類型
    • 按原材料分類
    • 按用途
    • 按國家/地區
  • 亞太地區
    • 按形式
    • 按類型
    • 按原材料分類
    • 按用途
    • 按國家/地區

第10章競爭格局與分析

  • 主要公司及戰略分析
  • 新興公司和市場盈利能力
  • 合併、收購、協議與合作
  • 供應商競爭力矩陣

第 11 章公司簡介

  • Givaudan
  • International Flavors and Fragrances(IFF)
  • Symrise AG
  • Robertet Group
  • Sensient Technologies
  • DSM
  • Takasago International Corp
  • T. Hasegawa Co., Ltd.
  • Mane
  • Archer Daniel Midland Company
  • Solvay S.A.(Belgium)
  • BASF SE
簡介目錄
Product Code: KSI061610055

The flavors and fragrances market is predicted to grow at a CAGR of 4.95% from US$30.323 billion in 2021 to US$42.532 billion by 2028.

Population expansion and rising disposable income in emerging nations like China and India are driving the demand for personal care and cosmetic products. Additionally, it is projected that the hectic lifestyle patterns maintained in both developed and emerging nations will continue boosting the demand for processed foods & beverages, hence augmenting the need for flavors. However, the rising cost of raw materials due to supply chain difficulties has impacted the market. For instance, on March 17, 2022, Intercontinental Flavours & Perfumes Inc. announced that it would implement extensive pricing hikes for flavors & fragrance solutions.

Drivers:

Rising preference for convenience foods

The flavors and fragrances market growth is being driven by consumers' rising preference for convenience foods which takes less time to prepare. Flavors and fragrances are frequently used in convenience food items to improve their taste and shelf life. Growing hectic lifestyle coupled with an increase in the working women population has boosted the demand for convenience food products.

A study published in the Current Journal of Applied Science and Technology in March 2020 claims that the majority of working women-roughly 41.7%-spent more than 30% of their entire food budget on convenience foods, while only 55% of non-working women-or 55%-spent more than 10%-indicating that working women use convenience foods more frequently. Therefore, it is anticipated that demand for flavors and fragrances will expand during the projection period due to consumers' growing preference for convenience foods.

The growing rate of urbanization

Urbanization has led to the expansion of the food and beverage industry, creating a demand for flavors and fragrances. Fast-casual chains like Chipotle have capitalized on urban consumers' preference for bold and distinctive flavors, incorporating fragrant ingredients like cilantro, lime, and smoky spices to enhance the taste experience in their urban-centric menus.

Market Developments:

  • In June 2022, BASF Aroma Ingredients introduced Virtual Aroma Assistants, a new digital platform that makes it easier to browse BASF's array of Aroma Ingredients. The new Virtual Aroma Assistants demonstrate their commitment to meeting customer demand for environmentally friendly products, technological advancements, and streamlined procedures.
  • Additionally, International Flavors & Fragrances Inc announced its merger with DuPont's Nutrition & Biosciences for $26.2 billion in February 2021, which has enabled the company to combine the probiotics, enzymes, and food protection capabilities of Dupont with its food flavors and fragrances business.
  • International Flavors & Fragrances, Inc., a flavor and fragrance producer with headquarters in the USA, introduced GUARDIAN Chelox 30 C in North America in July 2021. It is a reasonably priced, all-natural flavor with multiple uses.
  • Additionally, in July 2021, Sensient Solutions Corporation acquired Flavour Solutions, Inc., which offers flavors and fragrance solutions to the beverage, food, and nutraceutical markets.

These developments are acting as an additional driving factor for the flavors and fragrances market growth.

Food & beverages is a key segment.

By application, the flavors and fragrances market can be divided into food & beverages, pharmaceutical, cosmetic, and personal care, household care, and others. The flavors and fragrances market is estimated to grow significantly due to the increased usage of flavor enhancers in food products such as dairy products, snacks, bakeries, etc. Flavors and fragrances are used in bakeries to increase the stability of product aroma and add flavors that are demanded by customers. The rise in demand for packaged and convenience food products due to changing lifestyles has also increased the demand for flavors and fragrances.

Flavors and fragrances also find applicability in beverage processing, where they enhance the stimulating effects of soft drinks & energy drinks. The increase in demand for ready-to-drink beverages is expected to boost the demand for flavors and fragrances to produce these beverages. Coca-Cola is considered one of the largest beverage manufacturers in the world, and the company uses flavors and fragrances in almost all its offerings to enhance the quality and taste of its products and increase their stimulating effects. The company has seen a growth in its net operating revenues of almost 7% from 2021 to 2022.

Regional Insights.

North America is fueled by the rising popularity of organic and clean-label products, expanding applications in various industries, including food and beverages and personal care, coupled with the growing preference for sensory experiences among consumers. Simultaneously, the European market is expected to hold a significant share fueled by the increasing demand for natural and sustainable ingredients, rising disposable income, the influence of global culinary trends, and the expanding use of fragrances in personal care and household products. The Asia Pacific region is projected to be propelled by a rising population, urbanization, changing consumer lifestyles, and the growing demand for convenience foods and personal care products.

North American Market Insight:

The regional market has been further segmented into the United States, Canada, and Mexico. The USA holds the largest share of this market owing to the strong consumer preference for unique and innovative taste experiences, the increasing demand for natural and clean-label products, and the expanding food and beverage industry.

Consumers in the US are seeking novel and exciting flavor profiles, driving the need for a wide range of flavors and fragrances in food and beverage products. This includes the demand for exotic fruits, fusion flavors, and unconventional combinations to cater to evolving consumer preferences. The growing urban population in the United States has led to an increased demand for diverse flavors and fragrances. For example, the rise of multicultural urban communities has created a market for unique ethnic flavors and fragrances, such as Mexican spices or Middle Eastern oud-based perfumes, to cater to specific cultural preferences.

Market Segmentation:

By Form

  • Natural
  • Synthetic

By Type

  • Flavors
  • Fragrance

By Raw Materials

  • Essential Oils
  • Aroma Chemicals
  • Others

By Application

  • Food & Beverages
  • Pharmaceutical
  • Cosmetic and Personal care
  • Household Care
  • Others

By Geography

  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • Israel
  • Others
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Thailand
  • Taiwan
  • Others

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. Market Overview
  • 1.2. Market Definition
  • 1.3. Scope of the Study
  • 1.4. Market Segmentation
  • 1.5. Currency
  • 1.6. Assumptions
  • 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

  • 2.1. Research Data
  • 2.2. Assumptions

3. EXECUTIVE SUMMARY

  • 3.1. Research Highlights

4. MARKET DYNAMICS

  • 4.1. Market Drivers
  • 4.2. Market Restraints
  • 4.3. Porter's Five Force Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
    • 4.3.6. Industry Value Chain Analysis

5. FLAVORS AND FRAGRANCES MARKET BY FORM

  • 5.1. Introduction
  • 5.2. Natural
  • 5.3. Synthetic

6. FLAVORS AND FRAGRANCES MARKET BY TYPE

  • 6.1. Introduction
  • 6.2. Flavors
  • 6.3. Fragrances

7. FLAVORS AND FRAGRANCES MARKET BY RAW MATERIAL

  • 7.1. Introduction
  • 7.2. Essential Oils
  • 7.3. Aroma Chemicals
  • 7.4. Others

8. FLAVORS AND FRAGRANCES MARKET BY APPLICATION

  • 8.1. Introduction
  • 8.2. Food & Beverages
  • 8.3. Pharmaceutical
  • 8.4. Cosmetic and Personal care
  • 8.5. Household Care
  • 8.6. Others

9. FLAVORS AND FRAGRANCES MARKET BY GEOGRAPHY

  • 9.1. Introduction
  • 9.2. North America
    • 9.2.1. By Form
    • 9.2.2. By Type
    • 9.2.3. By Raw Material
    • 9.2.4. By Application
    • 9.2.5. By Country
    • 9.2.5.1. USA
    • 9.2.5.2. Canada
    • 9.2.5.3. Mexico
  • 9.3. South America
    • 9.3.1. By Form
    • 9.3.2. By Type
    • 9.3.3. By Raw Material
    • 9.3.4. By Application
    • 9.3.5. By Country
    • 9.3.5.1. Brazil
    • 9.3.5.2. Argentina
    • 9.3.5.3. Others
  • 9.4. Europe
    • 9.4.1. By Form
    • 9.4.2. By Type
    • 9.4.3. By Raw Material
    • 9.4.4. By Application
    • 9.4.5. By Country
    • 9.4.5.1. United Kingdom
    • 9.4.5.2. Germany
    • 9.4.5.3. France
    • 9.4.5.4. Italy
    • 9.4.5.5. Others
  • 9.5. Middle East and Africa
    • 9.5.1. By Form
    • 9.5.2. By Type
    • 9.5.3. By Raw Material
    • 9.5.4. By Application
    • 9.5.5. By Country
    • 9.5.5.1. Saudi Arabia
    • 9.5.5.2. Israel
    • 9.5.5.3. Others
  • 9.6. Asia Pacific
    • 9.6.1. By Form
    • 9.6.2. By Type
    • 9.6.3. By Raw Material
    • 9.6.4. By Application
    • 9.6.5. By Country
    • 9.6.5.1. China
    • 9.6.5.2. Japan
    • 9.6.5.3. India
    • 9.6.5.4. South Korea
    • 9.6.5.5. Indonesia
    • 9.6.5.6. Thailand
    • 9.6.5.7. Taiwan
    • 9.6.5.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 10.1. Major Players and Strategy Analysis
  • 10.2. Emerging Players and Market Lucrativeness
  • 10.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 10.4. Vendor Competitiveness Matrix

11. COMPANY PROFILES

  • 11.1. Givaudan
  • 11.2. International Flavors and Fragrances (IFF)
  • 11.3. Symrise AG
  • 11.4. Robertet Group
  • 11.5. Sensient Technologies
  • 11.6. DSM
  • 11.7. Takasago International Corp
  • 11.8. T. Hasegawa Co., Ltd.
  • 11.9. Mane
  • 11.10. Archer Daniel Midland Company
  • 11.11. Solvay S.A. (Belgium)
  • 11.12. BASF SE