Middle East and Africa Flavours and Fragrances Market Introduction and Overview
According to SPER Market Research, the Middle East and Africa Flavours and Fragrances Market is estimated to reach USD XX billion by 2033 with a CAGR of 7.2%.
The report includes an in-depth analysis of the Middle East and Africa Flavours and Fragrances Market, including market size and trends, product mix, applications, and supplier analysis. The term "flavour" describes a product's unique flavour, such as that of food and drink goods. Products can have flavours added to them to improve or change their flavour. Conversely, fragrance describes substances added to a variety of things, such as food items, cosmetics, and even detergents, to give them a pleasing scent or perfume. Natural, synthetic, or nature-identical flavouring agents are available. Fragrances can be classified as synthetic or natural, whilst tastes come in liquid and dry forms. Although synthetic perfumes are more often used, there is an increasing global need for natural scents as well. Among the many varieties of natural scents on the market are those made of flowers, fruits, musk, wood, and spices.
- In February 2022: To expand its flavour portfolio and market penetration in Africa, Archer Daniels Midland Company bought up Comhan, a flavour distribution company based in South Africa. The agreement expanded ADM's current locations in Nigeria and Kenya and gave its clients new options in the area.
- In May 2022: In order to create the premier creativity and innovation partner in nutrition, beauty, and well-being, DSM and Firmenich announced the signing of a business combination agreement ("DSM-Firmenich"). Through the combination, DSM's exceptional Health and Nutrition portfolio and well-known scientific knowledge will be combined with Firmenich's distinctive leading Perfumery and Taste businesses, world-class science platforms, and co-creation capabilities.
Market Opportunities and Challenges
Over the past ten years, the Middle Eastern food manufacturing and processing industry has experienced remarkable growth. The industries entered the food ingredients market because of direct subsidies, long-term interest-free loans, and duty-free imports of raw materials, direct government support, and heavily discounted utilities. The flavour and fragrance market is also being driven by the rise in demand for a variety of flavourings, a high demand for genuine and natural flavourings, a shift in lifestyle, and a rise in the demand for natural and healthy food flavourings. These factors are combined with a rise in manufacturer research and innovation as well as the growth of the food industry.
Since most of these Middle Eastern enterprises rely extensively on imported raw materials and food ingredients, including food flavours, the fast expansion of the food processing industry presents good export opportunities for U.S. providers of bulk and intermediate products. Since some flavours are unique to a given nation or region, producers are always coming up with innovative ways to expand their product lines and take a larger portion of the market. The market for flavours and fragrances is impacted by fluctuating costs and substitutes. One of the biggest markets for flavours and fragrances is the Middle East and Africa, but the Asian Pacific region is expanding the fastest and is predicted to continue increasing in this area.
Market Competitive Landscape
The flavour and fragrance markets in the Middle East and Africa are concentrated, with large players controlling a significant portion of the market. The major players in the Middle East and Africa Flavours and Fragrances Market include: Givaudan SA, International Flavors & Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., MANE SA, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, The Archer Daniels Midland Company, Others. The major corporations have chosen various strategic techniques such as mergers, expansions, acquisitions, partnerships, and new product development to enhance their brand visibility in the market. In order to reach a wider range of consumers, market participants are increasing the range of products they offer.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application
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| Regions covered | Egypt, Saudi Arabia, South Africa, United Arab Emirates, Rest of Middle-East and Africa
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| Companies Covered | Givaudan SA, International Flavors & Fragrances Inc., Kerry Group PLC, Koninklijke DSM N.V., MANE SA, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, The Archer Daniels Midland Company, Others
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COVID-19 Impact on Middle East and Africa Flavours and Fragrances Market
Significant effects of the COVID-19 pandemic were felt by the speciality chemicals industry, which includes treatments for improving taste and smell. The loss of taste and smell became important markers of infection, even if the specific effects of the virus on these senses are still unclear. With supply lines disrupted, flavouring companies faced difficulties as millions of people experienced these symptoms. Reduced demand for tastes and smells resulted from the pandemic's global economic crisis, which affected both big and little economies. As non-essential commodities like fragrances lost significance, the industry saw production decreases and recession as a result of the halting of industrial activities.
Key Target Audience:
- Aromatherapy and Wellness Products
- Companies involved in the distribution and retail of flavors and fragrances
- Flavor and Fragrance Manufacturers
- Food and Beverage Industry
- Men & Women Consumers
- Personal Care and Cosmetics Industry
- Pharmaceutical Industry
- Others
Our in-depth analysis of the Middle East and Africa Flavours and Fragrances Market includes the following segments:
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By Type:
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Synthetic
Natural
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By Application:
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Beauty and Personal Care
Beverages
Food
Perfumes
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By Region:
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Egypt
Saudi Arabia
South Africa
United Arab Emirates
Rest of Middle-East and Africa
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Key Topics Covered in the Report:
- Middle East and Africa Flavours and Fragrances Market Size (FY’2023-FY’2033)
- Overview of Middle East and Africa Flavours and Fragrances Market
- Segmentation of Middle East and Africa Flavours and Fragrances Market By Type (Synthetic, Natural)
- Segmentation of Middle East and Africa Flavours and Fragrances Market By Application (Beauty and Personal Care, Beverages, Food, Perfumes, Others)
- Statistical Snap of Middle East and Africa Flavours and Fragrances Market
- Expansion Analysis of Middle East and Africa Flavours and Fragrances Market
- Problems and Obstacles in Middle East and Africa Flavours and Fragrances Market
- Competitive Landscape in the Middle East and Africa Flavours and Fragrances Market
- Impact of COVID-19 and Demonetization on Middle East and Africa Flavours and Fragrances Market
- Details on Current Investment in Middle East and Africa Flavours and Fragrances Market
- Competitive Analysis of Middle East and Africa Flavours and Fragrances Market
- Prominent Players in the Middle East and Africa Flavours and Fragrances Market
- SWOT Analysis of Middle East and Africa Flavours and Fragrances Market
- Middle East and Africa Flavours and Fragrances Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Middle East and Africa Flavours and Fragrances Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Middle East and Africa Flavours and Fragrances Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Middle East and Africa Flavours and Fragrances Market
7. Middle East and Africa Flavours and Fragrances Market, By Type (USD Million)
7.1. Middle East and Africa Flavours and Fragrances Market Value Share and Forecast, By Type, 2023-2033
7.2. Synthetic
7.3. Natural
8. Middle East and Africa Flavours and Fragrances Market, By Application (USD Million)
8.1. Middle East and Africa Flavours and Fragrances Market Value Share and Forecast, By Application, 2023-2033
8.2. Beauty and Personal Care
8.3. Beverages
8.4. Food
8.4.1. Bakery and Confectionery
8.4.2. Dairy Products
8.4.3. Meat and Meat Products
8.4.4. Savory Food
8.4.5. Others
8.5. Perfumes
8.6. Others
9. Middle East and Africa Flavours and Fragrances Market Forecast, 2019-2033 (USD Million)
9.1. Middle East and Africa Flavours and Fragrances Market Size and Market Share
10. Middle East and Africa Flavours and Fragrances Market, By Type, 2019-2033 (USD Million)
10.1. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Type (2019-2026)
10.2. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Type (2027-2033)
11. Middle East and Africa Flavours and Fragrances Market, By Application, 2019-2033 (USD Million)
11.1. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Application (2019-2026)
11.2. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Application (2027-2033)
12. Middle East and Africa Flavours and Fragrances Market, By Region, 2019-2033 (USD Million)
12.1. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Region (2019-2026)
12.2. Middle East and Africa Flavours and Fragrances Market Size and Market Share By Region (2027-2033)
12.3. Egypt
12.4. Saudi Arabia
12.5. South Africa
12.6. United Arab Emirates
12.7. Rest of Middle-East and Africa
13. Company Profile
13.1. Givaudan SA
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. International Flavors & Fragrances Inc.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Kerry Group PLC
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Koninklijke DSM N.V.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. MANE SA
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Sensient Technologies Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Symrise AG
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Takasago International Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. The Archer Daniels Midland Company
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope