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High Demand of Personal Grooming Products, Rapid Growth of Food Additives Market to Drive Growth of Flavor and Fragrance in India: Ken Research
The flavor and fragrance market in India will continue to grow at a considerable rate in the coming years with increase in personal disposable income of consumers, busier lifestyles, and higher preference towards personal wellness. It has been estimated that the market will grow at a CAGR of ~% and is expected to cross USD 1.4 billion by FY’2020.
The flavor and fragrance market in India will continue to grow at a considerable rate in the coming years with increase in personal disposable income of consumers, busier lifestyles, and higher preference towards personal wellness. It has been estimated that the market will grow at a CAGR of ~% and is expected to cross USD 1.4 billion by FY’2020.
The industry is predicted to witness consolidation with bigger players tying up with smaller players while the smaller players will be seen consolidating among themselves to cover a larger market share. High demand of personal grooming products, rapid growth of food additives market will drive the growth of this industry in the future.
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