What Are the Latest Trends in the Fragrance Market?
"The Science of Scent: AI & Biotechnology in Flavors and Fragrances"
flavors and fragrance market has witnessed remarkable growth in recent years, driven by evolving consumer preferences, increasing demand for natural ingredients, and advancements in product innovation. The industry plays a crucial role in various sectors, including food and beverages, personal care, home care, and pharmaceuticals. The demand for flavors and fragrances has surged due to the rising inclination toward premium and exotic scents and tastes, reflecting the growing global consumer focus on sensory experiences. With continuous research and development (R&D), companies are investing in novel formulations, sustainable sourcing, and innovative extraction techniques to stay ahead in the competitive landscape.
Flavors And Fragrance Market Size was estimated at 41.03 (USD Billion) in 2024.The Flavors And Fragrance Industry is expected to grow from 43.16 (USD Billion) in 2025 to 68.00 (USD Billion) by 2034. The Flavors And Fragrance Market CAGR (growth rate)…