/PRNewswire/ The global luxury perfume market size is expected to grow by USD 2.43 billion during 2020-2024, progressing at a CAGR of almost 4% during the.
South Asia Olive Oil Market to be driven by demand from end user industries in the Forecast Period of 2021-2026
iCrowd Newswire
The new report by Expert Market Research titled,
South Asia Olive Oil Market Report and Forecast 2021-2026 , gives an in-depth analysis of the South Asia olive oil market, assessing the market based on its segments like type, distribution channels, applications and regions like India, Bangladesh, Pakistan, Sri Lanka, and Nepal. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter s Five Forces models.
by Type (Flavors and Fragrance), Nature (Natural and Synthetic), and Application (Food & Beverages, Cosmetics & Personal Care, Home Care and Fabric Care): Global Opportunity Analysis and Industry Forecast, 2021–2027. According to the report, the global flavors and fragrances industry was projected at $28.19 billion in 2019, and is anticipated to hit $35.91 billion by 2027, registering a CAGR of 4.7% from 2021 to 2027.
Drivers, restraints, and opportunities-
Increase in demand for ready-to-eat meals & fast food, introduction of new flavors, heavy inflow of investment in R&D activities, and high demand for flavors across European countries to produce commercialized clean label or green food products that are free of additives and other harmful chemicals fuel the global flavors and fragrances market. On the other hand, allergies associated with artificial flavors, chemicals, and preservatives impede the growth to some extent. Nevertheless, there is an upcoming trend of using natu