Natural Flavor & Fragrance Industry analysis research and trends report for 2017-2024: Global Market Insights Inc. Natural Flavor & Fragrance industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more. Natural Flavor & Fragrance Market size is expected to witness a substantial growth, owing to rising demand for flavors & fragrances in food & beverages industry. Upsurge in production of natural personal care products with essential oils and exotic aroma will drive product demand over the forecast period. Extensive application scope in food processing and rising demand of beauty products worldwide will remain a key driving factor for the global market growth. Natural flavors and fragrances are derived from mixing and blending of natural ingredients. Extensive application scope to enhance the taste and appeal of food, beverages, and other consumer products will drive the market growth. Fragrances are applied to impart desired scents to a wide range of consumer products such as perfumes, soaps and laundry detergents.
Shift in buying trends for products free from artificial flavor and color will augment product demand over forecast period. Growing consumer demand for natural flavor and fragrances, is driven mainly by rising health concerns regarding artificial ingredients. Surge in demand for essential oils owing to growing consumer preference for cleaning products and environmental fragrance goods will also stimulate natural flavor & fragrance market size. Rising concern among consumers regarding synthetic chemicals exposure will further add to the product market size. Rapid population growth coupled with rising disposable income in emerging economies mainly India and China is anticipated to augment the product demand over the forecast period. Growing demand of processed food in industry will support product penetration. New product offerings, surge in number of retail stores, and economical prices of convenience food and personal care products are anticipated to be major driving factors natural flavor & fragrance market growth. Asia Pacific is anticipated to witness significant growth as the region accounts for more than one-half of the world's population. Increasing quick service restaurants such as McDonald's and Pizza in developing countries mainly India will support product growth. Rising cosmetic industry and surge in consumer spending on beauty products
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