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Trendy Lifestyles Spurring More F&F Market Growth, Report Says

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The global flavors and fragrances market is expected to grow with a compound annual growth rate (CAGR) of 4.1% during 2014-2019, according to market research firm Lucintel.

The high disposable income of the consumer, trendy lifestyles and being more adventurous in trying out new flavors are all adding to the boom of this market, according to the research report, "Growth Opportunities for the Global Flavors and Fragrances Market 2014-2019: Trends, Forecast, and Opportunity Analysis."

According to the report, people are also becoming more conscious of their image and this is leading to higher consumption of fragrances.

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