On the idea of application, the meals & beverages phase held a major share in the market in 2019, and is projected to stay dominant through the forecast period. Flavor and perfume (F&F) are both elements that can be present in all kinds of client goods. The worth of the global taste and fragrance market amounted to some 35 billion U.S. dollars in 2019, and reached almost 36 billion in 2020.
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