Flavors and Fragrances Market The global flavors and fragrances market is set to witness substantial growth, with an anticipated average CAGR of 4.67% from 2023 to 2033. The market, valued at US$ 28.94 billion in 2023, is projected to reach a significant value of US$ 45.68 billion by 2033, reflecting a promising future The rising demand for cosmetics, including soaps, makeup equipment, and …
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Flavors and Fragrances Market to Hit US$ 45.68 Billion by 2033| Future Market Insights Inc.
The global flavors and fragrances market is expected to register an average CAGR of 4.67% from 2023 to 2033. The target market will reach a value of US$ 45.68 billion by 2033, scaling up from US$ 28.94 billion in 2023. Historically, the flavors and fragrances market recorded a CAGR of 3.91% from 2017 to 2022. …