The global food flavors market size was valued at USD 16.9 billion in 2021 and projected to reach USD 24.9 billion by 2030, growing at a CAGR of 5.1% during the forecast period of 2022-2030.
Food flavors majorly focus on changing or improving flavors of natural food products including fruits and vegetables, among others. They are also used to create flavors for food products that are devoid of desired flavors such as candies or snacks.
Major market player included in this report are:
DuPont
Kerry Group
McCormick & Company
International Flavors & Fragrances
Tate & Lyle, Givaudan
Firmenich, Symrise
MANE
Sensient
Bell Flavors and Fragrances
Flavorchem
Takasago
Keva Flavours
Taiyo International
Huabao Flavors & Fragrances
Robertet
Wanxiang International
Treatt
China Flavors & Fragrances
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Chocolate & brown
Vanilla
Fruit & nut
Dairy
Spices & savory
Other
By Application
Food
Beverages
By Origin
Natural
Natural-identical
Artificial/Synthetic
By Form
Liquid & gel
Dry
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Food Flavors Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors