Report: Flavor and Fragrance Market to Reach $23.5 Billion by 2014

Driven by increased food and beverage processing activity and remarkable growth in the Asia-Pacific region, the market for flavors, fragrances, essential oils and other natural extracts, and aroma chhemicals will grow 4.3% per year, totaling $23.5 billion in 2014, according to a new report from The Freedonia Group.

For more on this report, look for our interview with Freedonia analysts in the November issue of Perfumer & Flavorist magazine.

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