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IHS Markit: Flavors and Fragrances Growth Driven by Emerging Market Demand

 Last Update: 2022-01-22
 Source: Internet
 Author: User

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Recently, IHS Markit released the "Global Flavor and Fragrance (F&F) Products" report, showing that the global flavor and fragrance market is estimated to reach US$42.

According to IHS Markit, from 2021 to 2026, the global flavor and fragrance market will continue to grow at a rate of 3.

It is understood that the growth of the flavor market is mainly due to the rapid development of the food and beverage industry

The EU's clean label regime requires food to be free of artificial ingredients, including flavours, colours, preservatives and sweeteners, as well as antibiotics and allergens

According to IHS Markit, consumers and the industry are concerned about the sustainability of certain flavor and fragrance ingredients such as agarwood, sandalwood and vanilla

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