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The Middle East and Africa Flavours and Fragrances Market is aided by the growth of the global market, which reached USD 28 billion in 2019. The industry in the Middle East and Africa is expected to witness a healthy growth in the coming years, growing at a CAGR of 6% between 2020-2025.
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While the Middle East and Africa market occupies a small proportion of the global market, the region is expected to witness a rapid growth in the coming years, with maturing of leading markets like Europe and North America. Globally, Europe is the largest market for flavours and fragrances, accounting for almost 30% of the market. Germany is the leading market within the continent, representing over a fifth of the industry followed by UK and France. In the coming years, the emerging Eastern European region will grow faster than the Western European economies. Europe is followed by North America and the Asia Pacific as the major markets. The Asia Pacific, like the Middle East and Africa, is also projected to witness a robust growth, especially, as compared to the more developed regions.
The industry in the Middle East and Africa will be aided by the increasing investments and expansions by the major players in the global market. The companies are particularly seeking to develop products catering to the region’s local tastes and preferences. They are also investing in developing products that meet the regional and cultural expectations like halal and alcohol-free flavours and fragrances catering to the region’s Muslim population. The growing economies and rising GDPs along with the increase in the population of the middle class is also aiding the industry with people seeking out more processed and premium products. West Africa is emerging as a significant market in the region, especially countries like Nigeria, which are witnessing a healthy growth in their economies.
Properties and Applications
Flavour refers to a distinctive taste of a product like those of food and beverage items. Flavours are added to products to enhance or alter their tastes. Fragrance, on the other hand, refers to compounds used to add a pleasant perfume or odour to products ranging from food products to cosmetics products, and even products like detergents.
Flavouring agents can be nature identical, artificial, or natural. While flavours are available in liquid and dry forms, fragrances can be divided into synthetic and natural types. While synthetic fragrances are the more popular types, natural fragrances are also witnessing a growing demand, globally. The types of natural fragrances available in the market are flowers, fruits, musk, wood, and spice, among others.
Flavour is extensively added to products in the following sectors:
Beverage and dairy are the leading application sectors for flavour, accounting for more than half the flavour applications, globally. For fragrances, the major application sectors are soaps and detergents and cosmetics and toiletries, representing nearly 55% of their global applications. The other application sectors for fragrances are:
The EMR report also looks into the regional market in the Middle East and Africa like Saudi Arabia, United Arab Emirates, Turkey, and South Africa, among others.
The Middle East and Africa flavours and fragrance market is being driven by the thriving application sectors in the region. The industry is being driven by the rising population of under 30-year olds who are defining the consumption patterns in the region. With the consumption of processed products like dairy products, RTD drinks, and instant noodles, among others, witnessing an increase, the regional flavours and fragrance market is being propelled forward. The industry is also being driven by the rising number of innovations taking place in the industry along with the multiple R&D undertakings by major players.
The industry in the Middle East and Africa is also aided by the high birth rates, growing urbanisation, and increasing disposable incomes of the consumers. The growing cosmetics industry is providing further impetus to the industry, as both flavours and fragrances are used in the various cosmetics segments. The United Arab Emirates and Saudi Arabia are the major cosmetics market in the Middle East and are projected to witness a robust growth in the coming years. The fragrance industry, particularly, will be aided by the healthy cosmetics industry in the Middle East as perfume is a major revenue-generating product in the industry. The Gulf countries are the major cosmetics markets in the region with a large base of high-income consumers willing to spend more on premium products. Companies are also increasingly expanding into the African markets, which are projected to witness a robust growth in the coming five years.
The report gives a detailed analysis of the following key players in the Middle East and Africa flavours and fragrance market, covering their capacity, market share, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds:
The EMR report gives an in-depth insight into the industry by providing an assessment of the Porter’s Five Forces model as well as a SWOT analysis. The comprehensive report offers an overview of the other regional markets like North America, Latin America, Europe, and the Asia Pacific.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Top Global Suppliers
3.4 Supply Market Changes
4 Global Flavours and Fragrances Market Outlook
5 Global Flavours and Fragrances Market
5.1 Global Flavours and Fragrances Market Analysis
5.1.1 Figure: Global Flavours and Fragrances Historical Market (2015-2019) & Forecast (2020-2025)
5.1.2 Chart: Breakup by Segment
5.1.3 Figure: Breakup by Segment: Historical Market (2015-2019) & Forecast (2020-2025)
5.1.4 Chart: Breakup by Region
126.96.36.199 North America
188.8.131.52 Asia Pacific
184.108.40.206 Latin America
220.127.116.11 Middle East and Africa
5.1.5 Figure: Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
18.104.22.168 North America
22.214.171.124 Asia Pacific
126.96.36.199 Latin America
188.8.131.52 Middle East and Africa
6 Middle East and Africa Flavours and Fragrances Market
6.1 Middle East and Africa Flavours and Fragrances Market Analysis
6.1.1 Figure: Middle East and Africa Flavours and Fragrances Historical Market (2015-2019) & Forecast (2020-2025)
6.1.2 Chart: Middle East and Africa Flavours and Fragrances Market Breakup by Segment
6.1.3 Figure: Middle East and Africa Flavours and Fragrances Market Breakup by Segment: Historical Market (2015-2019) & Forecast (2020-2025)
6.1.4 Chart: Middle East and Africa Flavours and Fragrances Market Breakup by Type
6.1.5 Figure: Middle East and Africa Flavours and Fragrances Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.1.6 Chart: Middle East and Africa Flavours and Fragrances Market Breakup by Region
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
6.1.7 Figure: Middle East and Africa Flavours and Fragrances Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.2 Middle East and Africa Flavours Market Analysis
6.2.1 Chart: Breakup by Flavouring Agent
184.108.40.206 Nature Identical Flavouring Substance
220.127.116.11 Artificial Flavouring Substance
18.104.22.168 Natural Flavour
6.2.2 Figure: Breakup by Flavouring Agent: Historical Market (2015-2019) & Forecast (2020-2025)
22.214.171.124 Nature Identical Flavouring Substance
126.96.36.199 Artificial Flavouring Substance
188.8.131.52 Natural Flavour
6.2.3 Chart: Breakup by Forms
6.2.4 Figure: Breakup by Forms: Historical Market (2015-2019) & Forecast (2020-2025)
6.2.5 Chart: Breakup by Applications
184.108.40.206 Bakery and Confectionery Products
220.127.116.11 Dairy and Frozen Desserts
18.104.22.168 Savouries and Snacks
6.2.6 Figure: Breakup by Applications: Historical Market (2015-2019) & Forecast (2020-2025)
22.214.171.124 Bakery and Confectionery Products
126.96.36.199 Dairy and Frozen Desserts
188.8.131.52 Savouries and Snacks
6.3 Middle East and Africa Fragrances Market Analysis
6.3.1 Chart: Breakup by Types
6.3.2 Figure: Breakup by Types: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.3 Chart: Breakup by Natural Fragrances Types
6.3.4 Figure: Breakup by Natural Fragrances Types: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.5 Chart: Breakup by Applications
184.108.40.206 Soap and Detergents
220.127.116.11 Cosmetics & Toiletries
18.104.22.168 Fine Fragrances
22.214.171.124 Household Cleaners and Air Fresheners
6.3.6 Figure: Breakup by Applications: Historical Market (2015-2019) & Forecast (2020-2025)
126.96.36.199 Soap and Detergents
188.8.131.52 Cosmetics & Toiletries
184.108.40.206 Fine Fragrances
220.127.116.11 Household Cleaners and Air Fresheners
6.4 SWOT Analysis
6.5 Porter’s Five Forces Analysis
6.5.2 Buyer’s Power
6.5.3 Supplier’s power
6.5.4 New Entrants
6.5.5 Degree of Rivalry
7 Competitive Landscape & Supplier Analysis
7.1 Givaudan SA
7.2 Firmenich SA
7.3 Balirom Ltd.
7.4 Frutarom Industries Ltd.
7.5 Kato Flavors & Fragrances S.A.E
7.6 Nicola-J Flavours and Fragrances
8 Events and Developments
Additional Customisation Available:
9 Manufacturing Process
9.1 Detailed Process Flow
9.2 Operations Involved
9.3 Mass Balance
10 Cost Analysis
10.1 Land, Location and Site Development
10.3 Plant Machinery
10.4 Cost of Raw Material
10.9 Other Capital Investment
11 Value Chain Analysis
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