Flavor and Fragrance Demand to Hit $4.4 Billion
Demand for flavor and fragrance manufacturing in the U.S. will grow 3.5% a year to reach $4.4 billion in 2007, according The Freedonia Group’s “Flavors & Fragrances” study. This will be driven by consumer interest in natural and more authentic ingredients and opportunities in anti-aging skin care and tooth whitening products. Experts predict fragrance blends will grow the fastest, followed by essential oils and natural extracts. More info: www.freedoniagroup.com.
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