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US Flavors & Fragrances Market
Date:9/17/2013

ly quickly, as rising attention to wellness encouraged some to avoid end products containing artificial flavors or fragrances.

This trend is expected to continue, benefiting demand for essential oils and natural extracts as more manufacturers present naturally flavored or scented versions of their retail items. Going forward, demand growth in essential oils and natural extracts for flavor and fragrance applications will be nearly as fast as growth in flavor blends, though from a smaller base. The pace of growth will moderate slightly as price increases slow to a more sustainable pace following recent rapid gains.

Natural, synthetic aromas to register stronger growth

While increases in aroma chemical demand will trail other product types, natural aroma chemical sales will accelerate through 2017 to a near average pace due to their ability to afford a “clean” label in food, beverage, and some cosmetic and toiletry applications. Increases in synthetic aroma chemical demand will also improve, though the pace will remain below average. Synthetic aromas will continue to be the preferred solution in soaps and body washes as well as laundry detergents due to the high volume nature of these markets and the need for low material cost and product consistency.

Study coverage

Flavors & Fragrances, an upcoming Freedonia industry study priced at $5100, offers details on these and other findings.

It presents historical demand data (2002, 2007 and 2012) plus forecasts for 2017 and 2022 by market and product. The study also considers market environment factors, evaluates company market share, and profiles US industry competitors.
TABLE OF CONTENTS

INTRODUCTION viii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
Macroeconomic Outlook 5
Demographic Trends 8
Personal Consumption Expenditures 12
Historical Market Trends 16
Pricing Patterns 19
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