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Report Overview

The global food flavours market value reached around USD 14.51 Billion in 2023. The increasing consumer demand for unique and exotic flavours is a significant factor, with products like spicy mango salsa and lavender-infused lemonade gaining popularity among adventurous eaters. Flavoured beverages like kombucha and sparkling water are becoming increasingly popular in regions like Asia-Pacific. As a result, the industry is expected to grow at a CAGR of 4.60% during the forecast period of 2024-2032 to attain a value of USD 21.75 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • The Brazilian market for food flavours represents approximately 4.8% of the market share, indicating its growing importance in the international food industry. This market is projected to expand due to the rising consumer demand for unique and natural flavours. Innovations such as honey-mustard potato chips and guava ketchup are gaining traction, reflecting a broader trend towards experimentation with flavours influenced by global cuisines and social media exposure.
  • In the Middle East, government bodies are actively promoting the use of local ingredients in food production to enhance food security and sustainability. For instance, the Saudi Food and Drug Authority (SFDA) has initiated programs encouraging food manufacturers to incorporate locally sourced spices and herbs into their products. This initiative not only supports local agriculture but also caters to consumer preferences for fresher, more authentic flavours. Such policies are likely to stimulate demand for food flavouring products that use these local ingredients, thereby boosting food flavours market growth.
  • The U.S. Department of Agriculture (USDA) plays a crucial role in regulating food labelling and ingredients, particularly for meat, poultry, and egg products. The USDA mandates that any flavourings used in these products must be clearly declared on labels, ensuring transparency for consumers regarding their food choices. This regulation is vital in maintaining consumer trust and safety, as it informs them about what they are consuming. The emphasis on clear labelling also encourages manufacturers to focus on high-quality ingredients and flavourings.

Compound Annual Growth Rate

Value in USD Billion

4.6%

2024-2032


Food Flavours Market Outlook

*this image is indicative*

Global Food Flavours Market Report Summary Description Value
Base Year USD Billion 2023
Historical period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 14.51
Market Size 2032 USD Billion 21.75
CAGR 2018-2023 USD Billion XX%
CAGR 2024-2032 USD Billion 4.6%
CAGR 2024-2032 - Market by Region North America 5.0%
CAGR 2024-2032 - Market by Country UK 6.4%
CAGR 2024-2032 - Market by Country Brazil 5.0%
CAGR 2024-2032 - Market by Type Natural Flavours 5.1%
CAGR 2024-2032 - Market by End Use Bakery and Confectionary 5.2%
Market Share by Country 2023 Brazil 4.8%

Food Flavours Market Growth

Food flavours are ingredients added to food to enhance flavour and aroma. Modern flavourings provide the consumer with a wide sensory experience and maintain flavour and taste consistency through either natural or artificial flavours. Flavours are most found in bakery products, beverages, snacks, confectioneries, and health products.

The food flavours demand is being driven by the increasing consumption of packed and processed foods owing to the increasingly fast-paced lifestyle of the consumers. The growing awareness regarding healthy food consumption is further aiding the market due to the rising demand for natural food ingredients and flavours. The industry is also driven by the rise in disposable incomes, leading to increased customer spending on organic products. With the outbreak of the COVID-19 pandemic in 2020, consumers are increasingly beginning to shift towards plant-based and natural products, which further propelling the demand for natural flavours. The rising adoption of flavours with specific functional benefits like ginseng and green tea to increase focus, enhance immunity, and reduce mental stress is further invigorating market growth.

Global Food Flavours Market

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Key Trends and Developments

Food Flavours Market Trends

Companies are increasingly adopting sustainable practices in sourcing ingredients for their flavours. This includes using organic farming methods and ensuring ethical sourcing of raw materials to appeal to environmentally conscious consumers. For instance, Mother Murphy’s has been at the forefront of sustainable flavour innovation, emphasising the importance of sourcing ingredients from small-scale, sustainable farmers. Their commitment to ethical wildcrafting practices ensures that biodiversity is preserved while creating unique flavour profiles, which contribute to the food flavours market value. This approach not only supports local communities but also aligns with the increasing consumer demand for sustainability in food products.

The growing popularity of functional beverages, those that offer health benefits beyond basic nutrition, has further led to an increased demand for flavours that enhance taste without compromising health. Flavours used in sports drinks, functional teas, and health-focused juices are particularly sought after. For instance, products featuring flavours such as yuzu, hibiscus, and matcha are becoming common in health-focused drinks.

Food Flavours Market Restraints

The food flavours industry is subject to strict regulations regarding the use of flavouring agents, which vary by country. For instance, in Europe, natural flavours must be produced using traditional food preparation methods, while in the U.S., natural flavours are required to be derived from natural raw materials without artificial constituents, which impacts the food flavours demand growth.

There is a growing consumer aversion to artificial flavours due to health concerns and a preference for clean-label products. This shift is pushing manufacturers to reformulate their products using natural flavours, which can be more expensive and complex to source and produce. The decline in demand for synthetic flavours can limit options for manufacturers and increase production costs. Moreover, the presence of certain flavouring agents can trigger food allergies in some consumers. For example, high levels of salicylates found in flavoured foods can cause allergic reactions, leading to increased scrutiny from health organizations and potential regulatory actions that could hinder the market growth.

Food Flavours Market Dynamics

A number of flavouring companies have turned their focus on the pet food industry owing to the growing adoption of pets, which is presenting lucrative growth opportunities for the expansion of the market for food flavours. Similar to human food products, the growth in the demand for natural and organic flavours in pet foods is providing further impetus to the growth of the food flavours market, especially as incomes rise and spending power increases. Innovations in pet foods are also anticipated to provide healthy growth opportunities for the food flavours industry.

The growing experimentation with flavours of ingredients that dogs are usually allergic to like chocolate, nutty, and buttery flavours in pet foods like chewy snacks and biscuits, is further projected to aid the market growth. Moreover, the rising introduction of doggy ice creams that may include fruit flavours, which are healthy and safe, is further expected to support the market growth of the food flavours in the animal and pet food industry. In addition to taste, pet owners are also increasingly seeking food items that are high in nutrients and favour a balanced diet, which is also likely to propel innovations in the food flavours industry and, thus, is projected to aid the market growth over the forecast period.

Global Food Flavours Market by Segment

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Food Flavours Industry Segmentation

“Food Flavours Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Natural Flavours
  • Artificial Flavours

Market Breakup by End User

  • Beverages
  • Dairy and Frozen products
  • Bakery and Confectionery 
  • Savoury and Snacks
  • Animal and Pet Food

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2024-2032 - Market by Region
North America 5.0%
Latin America 4.4%
Asia Pacific 4.0%
Europe XX%
Middle East and Africa XX%

Food Flavours Market Share

Market Insights by Type

The demand for natural flavours is anticipated to grow at a CAGR of 5.1% between 2024 and 2032 and occupy a significant food flavours market share. The natural flavours segment reflects a growing consumer preference for clean-label products that contain recognisable and minimally processed ingredients. There is a clear trend among consumers favouring products labelled as "natural" over those containing artificial additives. Studies indicate that more than 70% of consumers prefer products with "natural" on their labels, which drives manufacturers to increase their offerings of natural flavours. The increasing prevalence of chronic diseases and a heightened awareness of the health risks associated with artificial ingredients have led consumers to seek out natural flavours derived from real food sources such as fruits, vegetables, herbs, and spices.

CAGR 2024-2032 - Market by Type
Natural Flavours 5.1%
Artificial Flavours XX%

Market Insights by End User

The bakery and confectionery segments are expected to witness a CAGR of 5.2% whereas the dairy and frozen products are anticipated to grow at a CAGR of 4.4% in the forecast period, which can boost food flavours market opportunities. Consumers are increasingly seeking unique and exotic flavours in baked goods and confectionery items. This trend has led manufacturers to experiment with floral, herbal, and fruit flavours that provide distinctive taste experiences. For example, flavours like lavender, matcha, and various fruit blends are becoming popular in baked products.

CAGR 2024-2032 - Market by End Use
Bakery and Confectionary 5.2%
Dairy and Frozen Products 4.4%
Beverages XX%

The flavoured beverage market, including juices, energy drinks, and alcohol-free beverages, has also seen a steady increase in flavour innovations. For example, Coca-Cola introduced Coca-Cola Starlight, a space-inspired flavour with notes of raspberry and vanilla, while PepsiCo launched Pepsi Maple Syrup to cater to seasonal preferences. The market is expected to grow at a rate of 5% annually due to these trends.

Dairy and frozen products are another key segment in food flavours market as addition of flavours enhance the taste of products such as ice cream, yoghurts, and cheeses. A 2022 report by the Dairy Research Institute (DRI) highlighted the increasing demand for natural and exotic flavours in dairy products. In response, companies like Nestlé and Danone are experimenting with unique flavours like lavender and coconut for premium dairy lines. 

Savoury and snacks are a large application area for food flavours, driven by the growing demand for variety in taste experiences. According to Euromonitor International (2023), the savoury snacks market is expanding due to the popularity of bold, spicy, and innovative flavours. Brands like Lay’s and Pringles are incorporating international flavours such as Sriracha, truffle, and peri-peri to attract more consumers. 

Global Food Flavours Market by Region

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Food Flavours Market Regional Insights

Europe Food Flavours Market Outlook

The UK market is expected to grow at a CAGR of 6.4% between 2024 and 2032. The European Union's stringent regulations on food additives have encouraged the adoption of natural flavours, boosting market growth and impacting the food flavours market dynamics and trends. The EU's focus on food safety and consumer health has led to a preference for natural over artificial additives. A rich culinary heritage and openness to global cuisines have increased the demand for diverse and exotic flavours. European consumers are exploring new taste experiences, leading to the incorporation of international flavours into traditional dishes.

CAGR 2024-2032 - Market by Country
UK 6.4%
Canada 5.7%
Brazil 5.0%
India 4.6%
France 3.2%
USA XX%
Germany XX%
Italy XX%
China XX%
Australia 2.7%
Saudi Arabia XX%
Mexico XX%
Japan 2.4%

North America Food Flavours Market Growth

The market growth in the region is anticipated to be 5.0% in the forecast period. The Canadian market is anticipated to grow at CAGRs of 5.7% between 2024 and 2032. Consumers in North America are increasingly seeking natural and organic flavours, leading to a rise in products with clean labels and transparent ingredient sourcing. A survey conducted by FMCG Gurus found that 75% of North American consumers find clean-label products appealing when defined the term. This indicates a strong market trend towards transparency and natural ingredients in food and beverage products, which can impact food flavours market revenue.

This shift is driven by a growing awareness of health and wellness, prompting manufacturers to innovate with healthier flavour option. The rise of alternative protein sources and functional beverages has led to the development of new flavour profiles to enhance consumer appeal. 

Asia Pacific Food Flavours Market Dynamics

The market in the Asia Pacific is expected to grow at a CAGR of 4.0% between 2024 and 2032. The Indian market is expected to grow at a CAGR of 4.6% in the forecast period. Rapid economic development and urbanisation have led to higher disposable incomes, increasing the consumption of flavoured processed foods and beverages and influencing the food flavours demand forecast. Countries like India and China are witnessing a surge in demand for convenience foods with diverse flavours. Brands are increasingly incorporating traditional Chinese spices like star anise, Sichuan peppercorns, and ginger into instant noodles and snack products. A strong tradition of using spices and herbs has driven the demand for authentic and traditional flavours in the market. 

Middle East and Africa Food Flavours Market Drivers

A young and growing population is driving the demand for flavoured convenience foods and beverages. Urbanisation and changing lifestyles are leading to a higher consumption of processed foods with diverse flavours, boosting the food flavours market expansion. Traditional flavours and spices are being integrated into modern food products, catering to local tastes and preferences. The fusion of traditional and contemporary flavours is creating new opportunities in the market. According to a report by the Food and Agriculture Organization (FAO), the demand for traditional spices in the Middle East is on the rise, driven by consumer preferences for authentic flavours in processed foods.

Latin America Food Flavours Market Trends

The regional market is anticipated to witness a CAGR of 4.4% between 2024 and 2032. The Brazil and France markets are expected to exhibit a CAGR of 5.0% and 3.2% in the forecast period. An expanding middle-class population is leading to increased consumption of flavoured snacks and beverages, which can boost the food flavours industry revenue. Economic improvements have enhanced purchasing power, allowing consumers to explore premium and diverse flavour options.

Market Share by Country
Brazil 4.8%
USA XX%
Canada XX%
UK XX%

There is a growing trend of incorporating indigenous ingredients into flavour profiles, appealing to both local and international markets. Traditional flavours are being modernised to cater to contemporary tastes, boosting the market growth.

Innovative Food Flavours Startups

Startups are generally focused on innovation and disruption across various industries, leveraging emerging technologies to create unique solutions that address modern challenges. Many startups in food flavours market are harnessing advancements in AI, blockchain, and the Internet of Things (IoT) to enhance their products and services, streamline operations, and improve customer experiences. Additionally, there is a growing emphasis on sustainability, with startups developing eco-friendly products and practices to meet consumer expectations for environmental responsibility.

webAI

webAI empowers businesses to utilise AI directly on their devices, eliminating the need for cloud infrastructure and ensuring complete data privacy. By focusing on enterprise-grade applications, webAI enables companies to build, deploy, and control advanced AI models efficiently. This approach not only reduces operational costs but also enhances data security and provides real-time insights, even in offline environments.

Suno

Suno leverages FDA-cleared AI technology to assist dental providers in enhancing clinical care and administrative efficiency. The platform utilises machine learning, computer vision, and natural language processing to improve diagnosis precision and treatment accuracy while automating various practice operations. 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global food flavours market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions. Companies are actively innovating and adapting to changing consumer preferences by focusing on natural and plant-based ingredients. With a growing demand for healthier and cleaner label products, manufacturers are investing in research and development to create unique flavour profiles that cater to consumers' desires for authenticity and sustainability. This includes the development of exotic and botanical flavours, as well as the incorporation of vegan and organic options into their product lines.

Firmenich SA

Firmenich SA is a Swiss multinational company specialising in the creation of flavours and fragrances. Founded in 1895, it has grown to become one of the largest privately-owned companies in its sector. Firmenich operates globally, providing innovative solutions to various industries, including food and beverage, personal care, and household products.

Frutarom

Frutarom Industries Ltd., founded in 1933, is a global leader in the food flavours market. The company operate...

Givaudan Group

Givaudan Group is a Swiss multinational company founded in 1895 that specialises in the creation of flavours a...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the food flavours market are Sensient Technologies Corporation, Kerry Group, PLC, and Robertet SA, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 14.51 Billion.

The food flavours market is assessed to grow at a CAGR of 4.60% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 21.75 Billion by 2032.

The increasing disposable income and the willingness of consumers to spend more on food products with natural and innovative flavours are the major market drivers.

The growing demand for clean flavours in foods, rising research and development (R&D) activities by leading companies to meet evolving consumer demand, and the surging addition of flavours in sports and energy drinks are the key trends guiding the market growth.

The major regional markets for food flavours are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Natural flavours and artificial flavours are the major types of food flavours in the market.

The various end users of food flavours are beverages, dairy and frozen products, bakery and confectionary, savoury and snacks, and animal and pet food.

The major players in the market are Firemenich SA, Frutarom, Givaudan Group, Sensient Technologies Corporation, Kerry Group PLC, and Robertet SA, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End User
  • Region
Breakup by Type
  • Natural Flavours
  • Artificial Flavours
Breakup by End User
  • Beverages
  • Dairy and Frozen products
  • Bakery and Confectionery 
  • Savoury and Snacks
  • Animal and Pet Food
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Firmenich SA 
  • Frutarom
  • Givaudan Group
  • Sensient Technologies Corporation 
  • Kerry Group, PLC. 
  • Robertet SA
  • Others
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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124