|By PR Newswire||
|February 20, 2014 06:40 AM EST||
DUBLIN, Feb. 20, 2014
/PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/bmvf26/global_flavor_and) has announced the addition of the "Global Flavor and Fragrance Market 2013-2018: Trends, Forecasts and Opportunity Analysis" report to their offering.
The global flavor and fragrance market is on the threshold of enormous growth. The global flavor and fragrance market witnessed moderate growth during last five years. According to market forecasts, the flavor and fragrance market is expected to reach $2,060 million by 2018 with a good growth rate over the next five years. North America and Europe were the largest regions in terms of consumption of flavor and fragrance, followed by APAC and ROW.
This study provides a concise overview of the global flavor and fragrance market in terms of value and projected annual growth. The author discusses the various challenges and opportunities faced by the global flavor and fragrance market. The market has been impacted by increasing prices of raw materials needed for flavor and fragrance products, though it is possible to pass on the effect of price rise to the end user. Also, there is limited availability of substitute for the raw materials.
The study encompasses the major drivers. Consumers have high disposable income, trendy lifestyle, and being more adventurous in trying out new flavors are all adding to the boom of this market. People are also becoming more conscious of their image and this is leading to higher consumption of fragrances.
This report highlights different aspects of the global flavor and fragrance market. Due diligence has been given to the current market scenario. North America is the current leader in the consumption of flavor and fragrances after replacing Europe; however, in Asia, China and India are growing fast.
The global flavor and fragrance market is expected to grow impressively in near future. The top players need to formulate effective marketing strategies to take advantage of the opportunities, resulting in improved revenue and profitability.
This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
Key Topics Covered:
1. Executive Summary
2. Flavor and Fragrance Industry Background and Classifications
3. Market Analysis
4. Cost Structure and Profitability Analysis
5. Competitive Landscape and Growth Opportunities Analysis
6. Industry Strategic Assessment
7. Company Profiles of Leading Players
For more information visit http://www.researchandmarkets.com/research/bmvf26/global_flavor_and
Media Contact: Laura Wood , +353-1-481-1716, [email protected]