Flavors and Fragrances Market is expected to reach US$ 41.7 billion by 2031 | Major players - International Flavors & Fragrances, Givaudan, Symrise, Frutarom.

Market Size and Growth:

The Global Flavors and Fragrances Market size reached US$ 28.5 billion in 2022 and is expected to reach US$ 41.7 billion by 2031 and is expected to grow with a CAGR of 4.9% during the forecast period 2024-2031.

The Flavors and Fragrances Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Flavors and Fragrances Market encompasses the production, distribution, and sale of natural and synthetic flavoring agents and aromatic compounds used in food, beverages, cosmetics, personal care products, and household items. It caters to consumer demand for enhanced taste and sensory experiences, driven by innovations, clean-label trends, and growing preferences for natural, sustainable, and functional ingredients globally.

Recent Key Developments of United States:

✅ September 2025: Jungbunzlauer announced the acquisition of a multipurpose production site in Thomson, Illinois, from International Flavors & Fragrances (IFF) to expand its North American manufacturing footprint for sustainable ingredients used in flavors and related sectors.​

✅ September 2025: Capol, a Germany-based firm, acquired California-based Blue Pacific Flavors, specializing in natural and organic-compliant fruit and sweet flavors for food and beverages, enhancing innovation in health, wellness, and indulgence categories.

Recent Key Developments of Europe:

✅ November 2025: Bell Flavors & Fragrances EMEAI showcased latest fragrance innovations at SEPAWA 2025 in Germany, focusing on consumer trends for calm, clarity, and emotional balance in personal care products.

✅ October 2025: Givaudan completed the acquisition of Vollmens Fragrances in Brazil, but this strengthened its fragrance presence across Europe, North America, and other regions through expanded regional capabilities.

✅ September 2025: Natara Global launched a cash offer to acquire Treatt PLC, a UK-based supplier of natural extracts and ingredients, aiming to broaden portfolios and accelerate innovation in flavors and fragrances globally.

List of the Key Players in the Flavors and Fragrances Market:

International Flavors & Fragrances
Givaudan
Firmenich
Mane
Symrise
Takasago International Corp
Wild Flavors and Specialty Ingredients
Agilex Flavors & Fragrances, Inc.
Frutarom
Sensient Technologies

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Flavors and Fragrances Market:

By Type: Natural, Synthetic.

By End-Usage: Dairy Products, Consumer Products, Fine Fragrances, Confectionery, Savory Segment.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Flavors and Fragrances market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Flavors and Fragrances Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Flavors and Fragrances market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Flavors and Fragrances Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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