Flavors and fragrances provide consumers with extremely important sensory experiences that influence their overall perception of a product as well as their likelihood of repurchasing it. Effective procurement strategies enable the companies to create a competitive edge in the market.
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The global Mentha Oil market reached a value of about USD 220 billion in 2021. The industry is projected to grow at a CAGR of around 8.5% in the forecast period of 2022-2027 to reach a value of about USD 360 billion by 2027.
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The global Methyl Ester Sulfonate market reached a volume of about 0.80 MMT in 2021. The industry is projected to grow at a CAGR of around 14% in the forecast period of 2022-2027 to reach a volume of about 1.71 MMT by 2027.
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