Global Flavor and Fragrance Industry 2017 Forecasts
With booming economies and low penetration rates, the emerging markets continue to assert themselves as the new driving force in the global flavors and fragrances market. Population growth in addition to rising per capita consumption levels is likely to create new consumers who will be able to afford packaged goods in coming years. As a result, demand for consumer products using flavors and fragrances has been stimulated and broadened by changing social habits and economic growth, especially in emerging markets...
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