The Revenue Of Flavor Market In India have Enhanced At a CAGR of 9.9% During FY’2010-FY’2015 – Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The flavor and fragrance industry has witnessed tremendous growth over the past few years especially during FY’2010-FY’2015 in India. The consumers in the country are steadily moving towards the packed and canned foods, which has heightened the growth of flavor segment in India. Various factors such as economic growth, rising prosperity, incline in urban class population and busier lifestyles have contributed to an inclining growth for flavors. Moreover, busier lifestyles in the country have triggered increase in consumption of ready to eat foods. For consumers unwilling to compromise on taste, health or convenience, flavor companies have been bent on innovating new products. The demand for flavors has widely enhanced over the last couple of years. The India flavor market is diversified across several fragrance families such as vanilla, butterscotch, exotic flavors, blackcurrant, kesar and others. The market was dominated by vanilla flavor which remained the largest demanded flavor of the flavor market in India. Exotic flavors are also demanded at a wide scale, although it is a newer product line but still the demand is very high as compared to other flavors. These flavors generally include flavors such as strawberry, cranberry, mulberry and many more. Butterscotch and black currants were the third and fourth largest contributor to the overall fragrance market. Flavor market in India has been segmented on the basis of types of applications which comprise beverages, bakery, confectionery, dairy, pharmaceuticals, tobacco and others. The Flavors used in the beverages have grossed the highest revenues for the flavor market. Confectionary has been the second largest revenue contributing segment to the overall flavor market in India during FY’2015. Dairy is the third largest product in flavor market of India, This product has witnessed a huge spike in terms of revenues owing to higher demand of flavored milk especially among urban households. The demand for pharmaceuticals products and tobacco have enhanced during the span of last five years. The demand for flavors has been catered by two distinct sources: imports and domestic production. The demand for flavors in India is accomplished largely through domestic procurement. On the other side, the import demand for flavors was very low. In the coming years, it is expected that import demand for flavors products is likely to augment, which is anticipated to be driven through surge in personal disposable income, rising urbanization levels and growing preferences for foreign flavors. The flavor market in India has been segmented on the basis of synthetic and natural flavors. Natural chemicals are those which are created from the edible products such as essential oils, oleoresins, fruits, leaves and several others. However, synthetic flavors are processed in laboratories using inedible things such as petroleum. It has been estimated that during FY’2015, synthetic flavors accounted majority of the overall flavor sales in India. The major reasons of the domination of synthetic over natural flavors is that the cost incurred and time taken in production is less in comparison to that of natural flavors . For further detail follow the below mentioned link: https://www.kenresearch.com/consumer-products-and-retail/cosmetics-and-personal-care/india-flavor-fragrance-market-report/2127-95.html Contact Us Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-90153782 Tags: Flavored Milk Market Size in India, Hair Care Market Size in India, Ice Cream Market Size in India, India Flavor and Fragrance industry size, India Flavor and Fragrance Market, India Flavor and Fragrance Market Introduction, India Flavor and Fragrance Market research reports, India Flavor and Fragrance Market Supply Chain Analysis, India Flavor and FragranceMarket future, India Flavor and FragranceMarket Market Trends, India Flavor and FragranceMarket Trends, India Flavorand Fragrance Market Industry, India Flavorand Fragrance Market Market, India Flavorand Fragrance Market Size, India Flavorand Fragrance Market Snapshot, India Fragrance Market Future Outlook, India Fragrance Market Segmentation, Industry Size India Flavor Market, Market Share of Major Players in India Fragrance Market, Personal Disposable Income in India, Skin Care Market Size in India, SWOT Analysis of India Flavor and Fragrance Industry