New York, Sept. 18, 2019 (GLOBE NEWSWIRE) -- The growth of the market is governed by various factors such as growing demand from consumers
The flavors & fragrances market is expected to reach USD 31.38 Billion by 2026, according to a new report by Reports and Data. Accelerated growth in industrialization over the globe has led to the increase of extensive production of flavored or scented products such as soaps, household cleaners, processed food and beverages, detergents, personal care products, and oral hygiene products. Moreover, the increasing demand for natural ingredients across a massive number of consumers could encourage the application in the flavors and fragrances market.
Increasing approval of flavors in nutraceuticals, pharmaceuticals, and dietary supplements are also predicted to expand the market soon. Natural fragrances are supposed to be healthier, therapeutic, and safe. Manufacturers sometimes impose a green premium on products produced using natural aromas. Growing awareness concerning health and wellness is expected to increase the adoption of natural flavor ingredients during the forecast period.
North America accounted for a market share of 27.3% in 2018. The market is expected to expand in this region owing to enhanced demand for the products from cosmetics, personal care, oral care, home care, therapy, and air freshener products.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/1874
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/flavors-and-fragrances-market
Segments covered in the report:
For the purpose of this study, Reports and Data have segmented the market on the basis of Product Type, Raw Material, End User, and region:
Product Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Raw Material Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
End User Outlook (Volume, Kilo Tons; and Revenue, USD Billion; 2016-2026)
Order Now: https://www.reportsanddata.com/checkout-form/1874
Regional Outlook (Volume, Square Meters; and Revenue, USD Billion; 2016-2026)
Browse more similar reports on Baby and Personal Care category by Reports And Data
Anti-aging cosmetics Market - https://www.reportsanddata.com/report-detail/anti-aging-cosmetics-market
Jojoba Oil Market - https://www.reportsanddata.com/report-detail/jojoba-oil-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.