2021 flavor and fragrance industry status and development prospects analysis

Flavor and fragrance products are widely used in the food industry, daily chemical industry, pharmaceutical industry, tobacco industry, textile industry, Pi Jiye and other industries. In order to maximize the benefits, the modern food industry needs to add the essence to strengthen or improve the fragrance of its products, induce consumption and expand sales. Flavor as a special high concentration additive that can affect the taste and flavor of food has been widely applied to various fields of food production. It can make up for the aroma defects of food itself, endow some foods with vivid taste, enhance the flavor of food, disguise the bad smell of food, and these advantages of flavors make it increasingly become the focus of people's research.

Is there any future for the flavor and fragrance industry? The market share of flavors and fragrances

Flavor and fragrance market to do well? With the development of modern analytical technology and the continuous improvement of analytical methods, more and more structures of aroma substances have been identified. Especially when sulfur compounds and other small components are found to be indispensable to flavor, the aroma of synthetic flavors and natural flavors is closer to each other, thus making the synthetic flavor industry develop rapidly. Food flavor has become an indispensable part of modern food industry.

With the improvement of science and technology and people's living standard, the demand for flavor and spice has increased year by year. The market demand for food flavors and fragrances is showing a trend of rapid growth. This provides a wide market space for the rapid development of flavor and fragrance manufacturing industry in China. In recent years, the domestic flavor and fragrance manufacturing industry has shown a good momentum of development. By the end of 2014, there were 356 enterprises in the whole country with over scale (annual sales volume of more than 20 million yuan). In the past 2011-2014 years, the total sales of flavors and fragrances in China amounted to about 46 billion 972 million yuan, 49 billion 250 million yuan, 53 billion 810 million yuan and 58 billion 760 million billion yuan respectively. Overall, the economic indicators of the industry have increased, and the flavor and fragrance industry has developed well.

At present, the competition pattern of the domestic flavor and fragrance industry is mainly manifested in the market competition between foreign-funded enterprises and private enterprises. As China's flavor and fragrance market has huge potential for development and market space, international famous flavors and fragrances have invested in factories in China. At the same time, after years of development, the domestic private flavors and fragrances manufacturing enterprises have emerged a number of leading enterprises, relying on stable product quality, reasonable product prices and thoughtful technical services. We have won the recognition and favor of customers. Our market share and brand awareness are improving day by day. We have rapidly developed into the backbone of the domestic flavor and fragrance industry. From the geographical distribution, the domestic flavor and fragrance manufacturing enterprises are mainly concentrated in East China and Southern China. Among them, Guangdong, Zhejiang, Jiangsu, Sichuan, Shanghai and other provinces and cities are developing at a faster pace, and the number of enterprises and sales revenue are among the forefront of the industry.