Chapter1

ExecutiveSummary

MarketOverview1-1

Introduction1-1

MajorResearchFindings1-2

TechnologyandMarketTrends1-2

MarketTrends1-2

IncreasingFocusonR&DtotaptheGrowingConsumerDemandforVariety1-2

HealthandWellnessTrendBoostingtheAntioxidantandNutraceuticalSegments1-2

GrowingConsumerDemandforEthnicFlavors1-2

TechnologyTrends1-3

SupercriticalCarbonDioxide(CO2)ExtractionTechniqueasanEfficientReplacementforSolventExtraction1-3

MicroencapsulationandSprayDriedTechnologyProvideConvenienceandStability1-3

TechnologyforMoreEfficientExtractionofAntioxidantsfromBotanicals1-3

TechnologytoImpartStabilitytoFlavorProfileofCitrusOils1-3

MarketSizeandGrowth1-3

ExamplesofMajorMarketDrivers1-4

DevelopmentofFlavorIndustryCreatesOpportunitiesfortheMarket1-4

IndustrialProcessesAlterFoodFlavors1-4

ConsumerDemandforNaturalsEncouragesUseofNaturalIngredients1-4

ExamplesofMajorMarketRestraints1-4

SyntheticandNatureIdenticalOilsAheadofNaturalsinTermsofPrice，Supply，and

Consistency1-4

MatureApplicationAreasLimitMarketPotential1-5

CompetitiveAnalysis1-5

MarketOpportunityAnalysis1-5

StrategicRecommendations1-6

Chapter2

IntroductiontotheMarket

MarketOverviewandDefinitions2-1

MarketOverview2-1

ProfilesofKeyPlayers2-2

Givaudan2-2

InternationalFlavors&FragrancesInc.2-3

Firmenich2-3

Symrise2-3

SensientTechnologiesCorporation2-3

McCormick&CompanyInc.2-4

KalsecInc.2-4

ChrHansenA/S2-4

BerjeInc.2-4

IndustryDynamics2-4

MarketFramework2-4

TechnologyTrends2-7

UseofSupercriticalCO2ExtractionTechnique2-7

MicroencapsulationandSprayDriedTechnologyProvideConvenienceandStability2-8

Water-dispersibleVersionsofOleoresinsandEssentialOils2-8

TechnologyforMostEfficientExtractionofAntioxidantsfromBotanicals2-9

TechnologytoImpartStabilityandAccentuatetheFlavorProfileofCitrusOils2-9

MarketTrends2-9

FragranceIndustry2-9

TrendsintheFineFragranceSegment2-9

FlavorIndustry2-10

MoreInvestmentinR&DtoMeettheIncreasingConsumerDemandforVariety2-10

AntioxidantsandNutraceuticals2-10

EthnicFlavors2-10

ResearchersSeekingNovelOleoresinsandInnovativeApplications2-10

OrganicFlavors2-11

MergersandAcquisitions2-11

Chapter3

IndustryChallengesandStrategicRecommendations

ChallengesInfluencingtheTotalU.S.EssentialOilsandOleoresinsMarket3-1

IndustryChallenges3-1

StrongCompetitionfromSyntheticChemicals3-2

DeliveringInnovationtoCustomers3-2

MaintainingtheRequiredDemand-SupplyBalance3-3

GrowthPotentialThroughDevelopingCustomerLoyalty3-3

DiscoveringPotentialMarketsandApplications3-3

ChangingEconomicsandGovernmentsofCountriesthatareSourcesof

EssentialOilsandOleoresinsforU.S.FlavorHouses3-4

StrategicRecommendationsfortheTotalU.S.EssentialOilsandOleoresinsMarket3-4

ConclusionsandStrategicRecommendations3-4

HighLevelofCustomerService3-5

FocusonaNicheArea3-5

ExploreNewApplicationAreas3-5

AcquisitionsorMergers3-6

DevelopInnovativeProducts3-6

FocusonSupplyChainManagement3-7

Chapter4

TotalU.S.EssentialOilsandOleoresinsMarket

ForecastsandTrends4-1

MarketDrivers4-1

DevelopmentofFlavorIndustryCreatesOpportunitiesfortheMarket4-2

IndustrialProcessesAlterFoodFlavors4-2

ConsumerDemandforNaturalsEncouragesUseofNaturalIngredients4-2

LimitedProductSubstitutionMaintainsMarketDemand4-3

HealthyTrendforInnovativeandValue-addedFlavorsandFragrancesDrivesR&D4-3

DietProductsBoostDemandforEssentialOilsandOleoresins4-3

GrowingHealthFoodIndustryDrivesUsageofEssentialOilsandOleoresins4-4

MarketRestraints4-4

SyntheticandNatureIdenticalOilsAheadofNaturalsinTermsofPrice，Supply，andConsistency4-5

MatureApplicationAreasLimitMarketPotential4-5

StringentRegulationsRestrictCompleteExplorationofMarketOpportunities4-5

CompetitionfromAsiaInfluencesPricing4-6

RevenueForecasts4-6

PricingTrends4-7

CompetitiveAnalysis4-8

CompetitiveStructure4-8

MarketShareAnalysis4-9

Chapter5

U.S.EssentialOilsMarket

TotalU.S.EssentialOilsMarketAnalysis5-1

OverviewandDefinitions5-1

MarketEngineeringMeasurementAnalysis5-2

MarketDrivers5-3

ConsumerPreferenceforNaturalIngredients5-4

InnovativeandCustomizedBlendsAddValuetotheFlavorandFragranceIndustries5-5

GrowingNicheFlavored-BeverageApplications5-5

GrowingSectorswithinSavory5-5

GrowingSectorswithinConfectionery5-5

ScientificFindingsProveEssentialOilsasNutraceuticals5-6

ColorlessNatureofEssentialOilsExpandstheirApplicationBase5-6

NicheMarketOpportunitiesHighlightEssentialOilUsage5-6

ExpectedGrowthintheFlavoredCarbonatedSoftDrinksSector5-6

MarketRestraints5-7

LimitedReliabilityStimulatesSyntheticCompetition5-7

DeclineintheCarbonatedSoftDrinksSector5-7

DeclineinGrowthofFruitBeveragesSector5-8

IncompleteFlavorProfileConfinesMarketOpportunities5-8

LimitedShelfLifeEncouragesUseofOleoresinsinsteadofEssentialOils5-8

RevenueandUnitShipmentForecasts5-8

RevenueForecast5-8

UnitShipmentForecast5-9

U.S.EssentialOilsinFlavorIndustry5-10

U.S.EssentialOilsinFragranceIndustry5-12

PricingTrends5-13

ImpactofCompetition5-13

ImpactofRawMaterialPricing5-13

ImpactofProductPortfolioovertheForecastPeriod5-14

StrategicAnalysisBasedonEnd-userMarkets5-15

FlavorIndustry5-16

BeverageApplications5-17

ConfectioneryApplications5-17

SavoryApplications5-18

Pharmaceutical，NutraceuticalandDairyApplications5-18

FragranceIndustry5-19

CitrusOils5-19

OverviewandDefinitions5-19

MarketDrivers5-19

SundryApplicationsCoveringtheWholeGamutofFlavorandFragranceIndustries5-20

ConsumerProductsDrivingIncreasedConsumptionofCitrusOil5-20

ShiftinConsumerPreferenceFuelsNicheCitrus-flavoredBeverageApplications5-21

GrowthinConfectionerySegment5-21

TechnologyInnovationProvidingmoreStableandAromaticCitrusOils5-21

AntioxidantBenefitsHighlightUsageofCitrusOils5-21

Citrus-FlavoredCarbonatedSoftDrinksSectorDrivesCitrusOil'sConsumption5-22

MarketRestraints5-22

LimitedReliabilityEncouragesSyntheticCompetition5-23

DeclineinCitrus-flavoredCarbonatedSoftDrinksSector5-23

DecelerationinGrowthoftheCitrus-basedBeverages5-23

UnstableNatureofCitrusEssentialOilCallsforMoreInvestmentinPackaging5-23

RevenueandUnitShipmentForecasts5-24

RevenueForecast5-24

UnitShipmentForecast5-24

PricingTrends5-26

MintOils5-28

OverviewandDefinitions5-28

MarketDrivers5-28

GrowingPopularityofMintConfectioneryEncouragesR&D5-29

MedicinalandNutraceuticalPropertiesofMintoilBoosttheMintEnd-userMarket5-29

MarketRestraints5-30

Nature-identicalMintFlavorsSubstituteNaturalMintOil5-30

FarmEconomicsFavorsCornoverMint5-30

DecreasingMarketPotential5-30

RevenueandUnitShipmentForecasts5-31

RevenueForecast5-31

UnitShipmentForecast5-32

PricingTrends5-33

SpiceandHerbOils5-35

OverviewandDefinition5-35

MarketDrivers5-35

ConsumerDemandforEthnicSpiceFlavors5-36

WideVarietyofSpiceandHerbOilsQualifiesthemtoaVarietyofEnd-productUsage5-36

HerbsandSpiceOilsSubstitutingGroundSpicePowdersinSavoryApplications5-36

ProvenNutraceuticalPropertiesofHerbsandSpiceOilsinHighDemand5-36

HerbsandSpiceOilsSubstitutingOleoresinsinBeverages5-37

NicheMarketOpportunitiesinAromatherapyHighlightSpiceandHerbOilUsage5-37

MarketRestraints5-37

Nature-identicalorSyntheticEssentialOilsSubstituteNaturalHerbandSpiceEssentialOils5-38

WeatherUncertaintiesLeadtoUnexpectedPriceHike5-38

OleoresinsSubstitutingHerbsandSpiceEssentialOilsinSavoryProducts5-38

RevenueandUnitShipmentForecasts5-39

RevenueForecast5-39

UnitShipmentForecast5-39

PricingTrends5-41

Chapter6

U.S.OleoresinsMarket

TotalU.S.OleoresinsMarketAnalysis6-1

OverviewandDefinitions6-1

MarketEngineeringMeasurements6-2

MarketDrivers6-3

GrowingUsageofOleoresinsasNaturalColorIncreasestheirScopeofApplication6-4

FunctionalFoodPopularityBenefitsOleoresinsMarket6-4

IncreasedPopularityofNaturalAntioxidants6-5

SpiceOleoresinsPreferredtoFresh，GroundSpices6-5

IncreasedPreferenceforOleoresinsoverEssentialOilsinSavoryProducts6-6

MarketRestraints6-6

Non-uniformNatureofOleoresinsLimitsUsage6-6

PropertyofImpartingColortotheProductHampersUsageInSpecificCases6-7

HerbsandSpiceOilsReplaceOleoresinsinBeverages6-7

NicheMarketsImpactProductDevelopment6-7

LackofTechnologytoMakeBestUseofPaprikaCarotenoids6-7

RevenueandUnitShipmentForecasts6-8

RevenueForecast6-8

UnitShipmentforecast6-8

PricingTrends6-10

StrategicAnalysisBasedonEnd-userMarkets6-11

FlavorIndustry6-12

SavoryApplications6-13

BeverageApplications6-13

ConfectioneryApplications6-13

OtherIndustries6-14

Chapter7

Appendix

GlossaryofTerms7-1

DatabaseofKeyIndustryParticipants7-1

ExamplesofKeyIndustryParticipants7-1