Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Food Flavors market in this environment.
In terms of revenue, this research report indicated that the global Food Flavors market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Food Flavors industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? Symrise AG aims at producing XX Food Flavors in 2020, with XX % production to take place in global market, ? ? Frutarom Industries Ltd. accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Food Flavors Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Food Flavors Market?
Symrise AG
Frutarom Industries Ltd.
Givaudan SA
International Flavors & Fragrances Inc.
Kerry Group PLC
Sensient Technologies Corporation
Takasago International Corporation
Firmenich SA
V. Mane Fils SA.
Wild Flavors GmbH
...
Major Type of Food Flavors Covered in XYZResearch report:
Natural
Synthetic
Application Segments Covered in XYZResearch Market
Beverages
Savory & Snacks
Bakery & Confectionery
Dairy & Frozen Products
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Food Flavors Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Natural -Product Introduction and Major Manufacturers
1.1.2 Synthetic -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Food Flavors Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Food Flavors Market
3.1.1 Top Companies leading Food Flavors Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Food Flavors Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Food Flavors Market
3.2.1 Top Companies leading Food Flavors Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Food Flavors Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Food Flavors Market
3.3.1 Top Companies leading Food Flavors Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Food Flavors Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Food Flavors Market
3.4.1 Top Companies leading Food Flavors Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Food Flavors Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Food Flavors Market
3.5.1 Top Companies leading Food Flavors Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Food Flavors Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Food Flavors Market
3.6.1 Top Companies leading Food Flavors Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Food Flavors Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Food Flavors Market
3.7.1 Top Companies leading Food Flavors Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Food Flavors Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Food Flavors Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Food Flavors Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Food Flavors Sales and Growth Rate (2021-2026)
5.2 Global Food Flavors Sales Value and Growth Rate (2021-2026)
6 Food Flavors Competitive Analysis
6.1 Symrise AG
6.1.1 Symrise AG Company Profiles
6.1.2 Symrise AG Product Introduction
6.1.3 Symrise AG Food Flavors Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Frutarom Industries Ltd.
6.2.1 Frutarom Industries Ltd. Company Profiles
6.2.2 Frutarom Industries Ltd. Product Introduction
6.2.3 Frutarom Industries Ltd. Food Flavors Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Givaudan SA
6.3.1 Givaudan SA Company Profiles
6.3.2 Givaudan SA Product Introduction
6.3.3 Givaudan SA Food Flavors Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 International Flavors & Fragrances Inc.
6.4.1 International Flavors & Fragrances Inc. Company Profiles
6.4.2 International Flavors & Fragrances Inc. Product Introduction
6.4.3 International Flavors & Fragrances Inc. Food Flavors Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Kerry Group PLC
6.5.1 Kerry Group PLC Company Profiles
6.5.2 Kerry Group PLC Product Introduction
6.5.3 Kerry Group PLC Food Flavors Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Sensient Technologies Corporation
6.6.1 Sensient Technologies Corporation Company Profiles
6.6.2 Sensient Technologies Corporation Product Introduction
6.6.3 Sensient Technologies Corporation Food Flavors Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Takasago International Corporation
6.7.1 Takasago International Corporation Company Profiles
6.7.2 Takasago International Corporation Product Introduction
6.7.3 Takasago International Corporation Food Flavors Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Firmenich SA
6.8.1 Firmenich SA Company Profiles
6.8.2 Firmenich SA Product Introduction
6.8.3 Firmenich SA Food Flavors Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 V. Mane Fils SA.
6.9.1 V. Mane Fils SA. Company Profiles
6.9.2 V. Mane Fils SA. Product Introduction
6.9.3 V. Mane Fils SA. Food Flavors Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Wild Flavors GmbH
6.10.1 Wild Flavors GmbH Company Profiles
6.10.2 Wild Flavors GmbH Product Introduction
6.10.3 Wild Flavors GmbH Food Flavors Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion
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