Scope of the Report
The report titled “Global Flavors & Flavor Enhancers Market: Trends and Opportunities (2013-2018)” provides an in-depth analysis of global flavors and flavor enhancers market with regional focus on major markets like Europe and North America; emerging markets like Asia Pacific, Middle East & Africa. It also accesses the key opportunities and underlying trends in the market and outlines the factors that are and will be driving the growth of the industry in the forecasted period (2013-18). Further, key players of the industry like Givaudan, Firmenich, International Flavors and Fragrance, Inc. (IFF) and Symrise AG are profiled.
Geographical Coverage
North America
Asia-Pacific
India
Europe
South America
Middle East & Africa
Company Coverage
Givaudan
Firmenich
International Flavors and Fragrance, Inc. (IFF)
Symrise AG
Executive Summary
Flavors and flavor enhancers are key building blocks that impart taste in processed food and beverages products. Flavors segment is the largest component of overall food ingredients market and the segment can be characterized as highly technical, specialized and innovative in nature. In comparison to other categories within the food and beverage market, this industry is highly competitive and concentrated. The companies that operate in the flavor and flavor enhancers industry develop and supply a variety of flavor and flavor enhancing ingredients and components to food and beverages, pharmaceuticals, food industries as well as to the suppliers of household products. Moreover, this industry is also region-specific and complex in nature with high variance in product formulations from country to country, as well as from region to region within countries. Processed foods, their flavors and textures, are made in accordance with local preference. Local or traditional foods have unique flavors evolving from the indigenous climate and land.
In recent years, the global flavors and flavor enhancers market is on the threshold of enormous growth. The growth of the segment is driven by expansion of global beverage industry, increase in demand for convenience food, changing consumer lifestyle and increase in number of sensory oriented consumers around the world. However, factors such as mounting raw material prices, regulatory limitations, high entry barrier and price pressure on manufacturers due to consolidation are affecting industry’s growth. Major trends prevailing in the market are consolidation in the industry, ‘No artificial flavors or colors’, emergence of biotech flavors and sensory trend.
Tags :
1. Executive Summary
2. Flavors & Flavor Enhancers: An Overview
2.1 Flavors
2.2.1 Characteristics of Flavors Market
2.2 Flavor Enhancers
2.2.1 Monosodium glutamate (MSG)
2.2.2 Nucleotide
2.3 Flavor and Flavor Enhancer Industry Segmentation by Application
3. Global Flavors & Flavor Enhancers Market: Value Chain Analysis
4. Global Flavors Market Analysis
4.1 Global Flavors Market Size by Value (Actual & Forecasted)
4.2 Global Natural Flavors Market
4.2.1 Market Size by Value (Actual & Forecasted)
4.3 Global Artificial/Synthetic Flavors Market
4.3.1 Market Size by Value (Actual & Forecasted)
4.3 Global Savory Flavors Market
4.3.1 Market Size by Value (Actual)
5. Global Flavor Enhancers Market Analysis
5.1 Global Flavor Enhancer-MSG
5.1.1 MSG Market Size (Actual & Forecast)
5.1.2 Global Flavor Enhancer-MSG Production Capacity
5.1.3 Global Flavor Enhancer-MSG Market Share
5.2 Global Flavor Enhancer-Nucleotide
5.2.1 Nucleotide Market Size (Actual & Forecast)
5.2.2 Nucleotide Production Capacity
5.2.3 Nucleotide Market Share
6. Global Flavors & Flavor Enhancers Market Share
6.1 By Category
6.2 By Application
6.3 By Region (Actual & Forecasted)
7. Global Flavors & Flavor Enhancers Market: Regional Analysis
7.1 North America
7.1.1 Market Size (Actual & Forecasted)
7.2 Asia Pacific
7.2.1 Market Size (Actual & Forecasted)
7.2.2 Indian Flavors Market Analysis
7.3 Europe
7.3.1 Market Size (Actual & Forecasted)
7.4 South America
7.4.1 Market Size (Actual & Forecasted)
7.5 Middle East & Africa
7.5.1 Market Size (Actual & Forecasted)
7.5.2 Market Share by Segment
8. Global Flavor & Flavor Enhancers Market: Growth Drivers & Challenges
8.1 Growth Drivers
8.1.1 Growth in global beverage industry
8.1.2 Global economic growth
8.1.3 Rise in demand for convenience food
8.1.4 Changing consumer lifestyle
8.1.5 Sensory-oriented consumer
8.2 Challenges
8.2.1 Mounting raw material costs
8.2.2 Regulatory limitations
8.2.3 High entry barrier
8.2.4 Price pressure due to consolidation
8.2.5 Other challenges
9. Global Flavor & Flavor Enhancers Market Trends
9.1 Consolidation in the industry
9.2 ‘No artificial flavors or colors’
9.3 Biotech flavors
9.4 The Sensory Trend
10. Competitive Landscape: Global Flavor & Flavor Enhancers Market
11. Company Profiles: Global Flavor & Flavor Enhancers Market
11.1.1 Givaudan
11.1.1 Business Overview
11.1.2 Financial Overview
11.1.3 Business Strategies
11.2 Firmenich
11.2.1 Business Overview
11.2.2 Financial Overview
11.2.3 Business Strategies
11.3 International Flavors and Fragrance, Inc. (IFF)
11.3.1 Business Overview
11.3.2 Financial Overview
11.3.3 Business Strategies
11.4 Symrise AG
11.4.1 Business Overview
11.4.2 Financial Overview
11.4.3 Business Strategies
Table 1: Principal Types of flavoring Used in Food
Figure 1: Characteristics of Flavors Market
Table 2: Main Types of Flavor Enhancers
Figure 2: Flavors & Flavor Enhancers Market: Supply Chain
Figure 3: Global Flavors Market Size, 2009-12E (US$ Billions)
Figure 4: Global Flavors Market Size Forecast, 2013E-18E (US$ Billions)
Figure 5: Global Natural Flavors Market Size by Value, 2011-18E (US$ Billions)
Figure 6: Global Natural Flavors Market Size by Value, 2011-18E (US$ Billions)
Figure 7: Global Savory Flavors & Seasonings Market Size, 2008-12 (US$ Billions)
Figure 8: Global Demand for Flavor Enhancer-MSG, 2010-12 (Million Metric Tons)
Figure 9: Global Demand Forecast for Flavor Enhancer-MSG, 2013E-18E (Million Metric Tons)
Figure 10: Global Flavor Enhancer-MSG Production Capacity, 2010-14E (Million Metric Tons)
Figure 11: Global Flavor Enhancer-MSG Production Capacity by Market Players, 2010-12 (Million Tons)
Figure 12: Global Flavor Enhancer-MSG Market Players Production Capacity Forecast, 2013E-14E (Million Tons)
Figure 13: Global Demand for Flavor Enhancer-Nucleotide, 2010-12 (Million Tons)
Figure 14: Global Demand for Flavor Enhancer- Nucleotide, 2013E-18E (Million Tons)
Figure 15: Global Flavor Enhancer-Nucleotide Production Capacity, 2010-14E (Million Tons)
Figure 16: Global Flavor Enhancer-Nucleotide Production Capacity by Market Players, 2010-12 (Million Tons)
Figure 17: Global Flavor Enhancer-MSG Market Players Production Capacity Forecast, 2013E-14E (Million Tons)
Figure 18: Global Flavors and Flavor Enhancers Market Breakdown by Segment (2012E)
Figure 19: Global Flavors Market Breakdown by Application (2012)
Figure 20: Global Flavors Market Breakdown by Region (2012)
Figure 21: Global Flavors Market Breakdown by Region Forecast (2018E)
Table 3: Forecasted Growth Rates by Regions of Flavors Industry (2010-2015)
Figure 22: North America’s Flavors Market Size Forecast, 2012-18E (US$ Billions)
Figure 23: Asia Pacific’s Flavors Market Size Forecast, 2012-18E (US$ Billions)
Figure 24: India’s Flavors Market Size Forecast, 2011-18E (US$ Millions)
Figure 25: Western Europe and Eastern Europe’s Flavors Market Size Forecast, 2012-18E (US$ Billions)
Figure 26: South America’s Flavors Market Size Forecast, 2012-18E (US$ Billions)
Figure 27: Middle East & Africa’s Flavors Market Size Forecast, 2012-18E (US$ Billions)
Figure 28: Middle East & Africa Flavors Market Share by Segment (2011)
Figure 29: Global Expenditure on Beverages, 2011-17E (US$ Billions)
Figure 30: Global GDP (Current), 2006-12 (US$ Trillions)
Table 4: Recent M&A Deals in the Food Ingredients Sector
Figure 31: Growth in Market Value of Natural Ingredients in Food and Drink (2007-12)
Table 5: Most Promising Application of Biotech Flavors
Table 6: Comparison of Product Portfolio of Leading Players
Table 7: Flavors & Fragrances Industry Leaders Sales by Value, 2009-12
Figure 32: EBDITA Margin of Leading Players of the Industry, 2012-15E
Figure 33: Givaudan Revenue Share by Business Segment (2013)
Figure 34: Givaudan’s Consolidated and Flavors Division Revenue, 2009-12 (US$ Billions)
Figure 35: Firmenich Consolidated Revenues, 2009-2013 (US$ Billions)
Figure 36: International Flavors and Fragrance, Inc. Revenue Share by Business Segment (2012)
Figure 37: International Flavors and Fragrance, Inc. Consolidated and Flavors Division Revenue, 2010-2012 (US$ Billions)
Figure 38: Symrise AG Revenue Share by Business Segment (2012)
Figure 39: Symrise AG Flavor & Nutrition Revenue, 2009-12 (US$ Billions)
