US F&F market on growth path

Published: 19-Sep-2013
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The US market for flavours and fragrances is forecast to rise by 4.6% per year by 2017


The US market for flavours and fragrances is forecast to rise by 4.6% per year to $7.1bn by 2017, according to a new study from The Freedonia Group. Essential oils and natural extracts are expected to post the fastest growth in the sector.

“Trends toward more complex and exotic flavours and scents will boost demand for new flavour and fragrance blends,” said Freedonia.

Demand for fragrance blends will rise at a more modest pace than the market for flavours, said Freedonia, impacted by slower growth in cosmetic and toiletry shipments and weakness in environmental fragrance goods. Despite this, essential oils are tipped to rise at an above average pace, reflecting growing consumer preference for natural cosmetic ingredients.

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US flavours and fragrances market to reach $7.1bn by 2017

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A study by The Freedonia Group says use of body washes, perfumes and cologne will spur growth in fragrance blends

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