El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Sabores y Fragancias, Informe y Pronóstico 2023-2028′, ofrece un análisis profundo del mercado, evaluándolo por segmento, tipo, tipo de agente aromatizante, forma, aplicación, tipos de fragancias naturales y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.
The new report by Informes de Expertos titled, ‘Latin America Flavours and Fragrances Market 2023-2028’ , gives an in-depth analysis of the market, assessing it based on segment, type, type of flavouring agent, form, application, types of natural fragrances and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators and analyzing the market based on the SWOT and Porter’s Five Forces models.
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Los aspectos más destacados del informe incluyen:
Visión general del mercado (2018-2028)
• CAGR para el período de pronóstico (2023-2028): 3,8%
El mercado de sabores y fragancias en América Latina está creciendo debido al aumento de la población de clase media, la rápida urbanización y los cambios en los patrones de consumo. Además, los actores clave están inculcando tecnologías avanzadas en la producción de sabores y fragancias para aumentar las ventas durante el período de previsión en la región objetivo. Asimismo, las principales empresas, como Givaudan SA y MANE Colombia, son líderes con una cuota sustancial debido a sus soluciones avanzadas en los procesos de fabricación y a sus misiones de sostenibilidad.
Los segmentos de los aromas naturales idénticos a los naturales y los aromas naturales tienen una cuota importante en el mercado de los aromas y las fragancias debido a su calidad sin productos químicos y a su aspecto respetuoso con la naturaleza. Por lo tanto, todos estos factores, junto con las lucrativas oportunidades de crecimiento ofrecidas a productores y fabricantes por parte de los consumidores y su creciente poder adquisitivo en el sector objetivo, están ayudando al mercado de sabores y fragancias durante el periodo de previsión.
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Industry Definition and Major Segments
Flavours and fragrances are substances used to enhance the sensory experience of food, beverages, cosmetics, and personal care products. Further, they are used to add taste and aroma to food and beverages, such as sweet, sour, bitter, salty, umami, fruity, floral, and spicy. It can be natural, such as extracts from fruits, vegetables, and herbs, or can be synthetic, created using chemicals. Fragrances, on the other hand, are substances used to add pleasant or desirable scents to various products.
The report has analysed the market based on the segment covering:
• Flavours
• Fragrances
According to the type, the market has been evaluated and segmented into:
• Synthetic
• Natural
By the type of flavouring agent, the Latin American target market can be divided as:
• Nature-Identical
• Artificial
• Natural Flavouring
By form, the market is divided into:
• Liquid
• Dry
As of application, the target industry is bifurcated into:
• Soap and Detergents
• Cosmetics & Toiletries
• Fine fragrances
• Household Cleaners and Air Fresheners
• Others
Natural fragrances can be subdivided into:
• Flowers
• Fruits
• Musk
• Woods
• Spices
• Others
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
The Latin America flavours and fragrances market is moving towards expansion pathways due to changing consumption patterns of consumers. Further, owing to this factor, the target market recorded an average revenue share of 3.25 billion USD in the year 2021 along with sturdy demand requisitions. To highlight, there are several growth factors that have contributed to the development of the flavours and fragrances market in Latin America, i.e., the growth of the middle-class population, rapid urbanization, people looking for healthier food products without compromising taste and the growing demand for processed products.
Additionally, the conclusions drawn from these market dynamics show that key players of the objective industry in Latin America are inculcating research activity in manufacturing or producing flavours and fragrances. However, some businesses are incorporating new advents in technology into their present workflows to ease the production and distribution processes along with developments and product launches for higher potential revenue generation during the forecast period. Overall, the adoption of growth strategies is expected to flourish the robust market demand and supply of flavours and fragrances in the coming years, driven by the increasing need for cosmetics and biodiesel and the desire to optimize practices for efficiency and sustainability.
Key Market Players
The major players in the market are:
• Givaudan SA
• Firmenich SA
• Geroma do Brasil
• Frutarom Industries Ltd.
• Giannone & Cia. Ltda.
• Sabores y Fragancias S.A.
• Mane SA
• Others
This report covers their profiles and provides information on expansions, investments, mergers and acquisitions, among other latest industry developments.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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