Leading flavor and fragrance companies worldwide 2010-2017

There are numerous companies dedicated to creating the flavored and scented ingredients that are added to the food, cosmetics, and household items we consume and use on a daily basis. As of 2017, the leading flavor and fragrance company worldwide was Givaudan, which generated over 5.1 billion dollars in sales in that year.

Givaudan

Flavors and fragrances are an excellent way to make a product more appealing and memorable. As the top selling flavor and fragrance company, Givaudan produces a wide variety of products, that include savory and sweet flavors, and fragrances for everything from fine perfumes to household cleaning products. Over the last several years, Givaudan’s flavor segment has generated slightly more sales than its fragrance segment.

Flavor and Fragrance Market

The flavor and fragrance market worldwide has seen a steady increase in value over the last several years. In 2017, global flavor and fragrance market was valued at nearly 25 billion U.S. dollars, up from 18 billion dollars in 2014. As the region with the largest population, Asia is also the largest consumer of flavors and fragrances, followed by North America.

Sales of the leading companies in the flavor and fragrance market worldwide from 2010 to 2017

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Source

Release date

April 2018

Region

Worldwide

Survey time period

2010 to 2017

Supplementary notes

*Estimated data.
Historically all foreign currency calculations for the table were based on December 31 rates for the year indicated. For some years this distorts the actual performance in US dollars as we have seen significant currency swings within a given year. This was particularly prevalent in 2014, where a EUR/USD swing of nearly 13% and a CHF/USD swing of ~12% occurred between July 1 and December 31 2014. All years in this table (2010-2016) have now been restated using the FOREX yearly average rates.
It should be noted that Kerry Ingredients & Flavors should be in the Top Ten. However, the inclusion of so many other non-flavor ingredients in their sales numbers makes it impossible to truly estimate the F&F portion of sales. Firmenich accounting period of July 1 to June 30.
Takasago accounting period of April 1 to March 31.
Sensient Flavors: In our figures for Sensient, we have removed sales for the "Dehydrated Products".

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Statistics on "Fragrance market in the U.S."

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