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Natural Food Flavors Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The global natural flavors market size was valued at USD 8.63 Billion in 2022 and is expected to register a revenue CAGR of 5.7% over the forecast period.
Natural Food Flavors Market Overview
Natural Food Flavors are often used to enhance the taste of food. Flavor additives mainly include natural and synthetic flavors. Perishable foods that have been processed and preserved tend to lose flavor over time, so flavoring substances that help preserve flavor should be used. The food and beverage industry requires flavors for a variety of purposes, such as developing new products, adding new product lines, and changing the taste of existing products. High demand for new flavors and continuous innovation in the food and beverage industry drives the growth of the market. Moreover, increasing demand from the fast food industry is expected to provide growth opportunities for the food flavoring market during the forecast period.
Contrive Datum Insights has recently published the Natural Food Flavors Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Natural Food Flavors market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Givaudan S.A., Associated British Foods plc, ADM, Firmenich SA, DSM, Kerry Inc., Symrise, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Takasago International Corporation, Apple Flavor & Fragrance Group Co., Ltd., Robertet Group, T.Hasegawa Inc., and others.
Industry News
- June 2019-Associated British Foods plc and Yihai Kerry Arawana Holdings Co., Ltd, a division of Wilmar International Limited, had agreed to form a 50:50 joint venture in China for the sale, manufacture, and distribution of yeast and bakery substances.
- May 2022- Symrise expands its wellbeing expertise with the introduction of a new line of Aronia health activities. The collection includes an Aronia extract and an Aronia juice powder that are both high in polyphenols and anthocyanins.
What are the major Applications, Types, and Regions for the Natural Food Flavors Market?
On the Basis of Type:
- Animal
- Plant
On the Basis of Application:
- Dairy
- Beverages
- Bakery and Confectionery
- Others
Natural Food Flavors Market Regional Insights:
The U.S. will account for 54.3% of revenue, or $1.5 billion, by 2031. Manufacturers of food flavor enhancers in the US are turning to botanical sources such as plant extracts or plant powders in pursuit of organic and vegan products, thereby increasing the sales of food flavor enhancers and flavor enhancers in the US.
The Indian flavors market will account for 28.6% of revenue by 2031. Consumers' busy lifestyles are leading them to replace cooked foods with processed foods that are readily available at neighboring stores. Domestically, ready meals, packaged sauces, and ready meals are gaining popularity, thus driving the growth of the food flavors market. The growth of the food flavors and enhancers market in Germany is expected to be driven by rising consumer demand for food products with improved taste and added benefits such as low sugar, gluten-free, low calorie, and high nutritional content.
Geographically, the global Natural Food Flavors market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Natural Food Flavors Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 5.7% from 2022 to 2030. |
By Type |
|
By Application |
|
By Companies |
Givaudan S.A., Associated British Foods plc, ADM, Firmenich SA, DSM, Kerry Inc., Symrise, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Takasago International Corporation, Apple Flavor & Fragrance Group Co., Ltd., Robertet Group, T.Hasegawa Inc. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Natural Food Flavors market:
What is the CAGR of the global Natural Food Flavors market?
The Natural Food Flavors Market is growing at a CAGR of 5.7% during the forecast period.
Which region would offer high growth for vendors in the Natural Food Flavors market?
The U.S. will account for 54.3% of revenue, or $1.5 billion, by 2031.
Which Is the Most potential market segment?
By Types- Animal, Plant
By Applications - Dairy, Beverages, Bakery and Confectionery, Others
Which are the top industry players in the Natural Food Flavors market?
Givaudan S.A., Associated British Foods plc, ADM, Firmenich SA, DSM, Kerry Inc., Symrise, Sensient Technologies Corporation, International Flavors & Fragrances Inc., Takasago International Corporation, Apple Flavor & Fragrance Group Co., Ltd., Robertet Group, T.Hasegawa Inc.
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