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GCC Flavours and Fragrances Market Size
GCC Flavours and Fragrances Market Trends
GCC Flavours and Fragrances Market Regional Analysis
GCC Flavours and Fragrances Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the GCC flavours and fragrances market reached an approximate value of USD 560.6 million.
The market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 805.6 billion by 2032.
The major drivers of the market include rising demand for ingenious fragrances, demand for luxury personal care products, and a diverse population demanding varied cuisines.
Key trends aiding the market expansion in GCC include an expanding food service sector, demand for natural ingredients in foods and cosmetic products, and a growing interest in luxury fragrances.
The different types of flavours in the market are artificial, natural, and nature-identical.
The major types of fragrances in the market are synthetic and natural.
The major countries for flavours and fragrances in the GCC region are Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman.
The key players in the GCC flavours and fragrances market are DSM-Firmenich AG, Symrise AG, Givaudan International SA, International Flavors & Fragrances Inc., Bell Flavors & Fragrances, RFF International, Senovia, Gulf Flavours & Food Ingredients FZCO, and Global Flavours and Fragrances, among others.
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