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Global Food Flavours Market Growth, Analysis, Forecast: By Type: Natural Flavours, Artificial Flavours; By End User: Beverages, Dairy and Frozen Products, Bakery and Confectionery, Savoury and Snacks, Animal and Pet Food; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Food Flavours Market Analysis
8.1 Key Industry Highlights
8.2 Global Food Flavours Historical Market (2018-2023)
8.3 Global Food Flavours Market Forecast (2024-2032)
8.4 Global Food Flavours Market by Type
8.4.1 Natural Flavours
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Artificial Flavours
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Food Flavours Market by End User
8.5.1 Beverages
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Dairy and Frozen products
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Bakery and Confectionery
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Savoury and Snacks
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Animal and Pet Food
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Food Flavours Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Food Flavours Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Food Flavours Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Food Flavours Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Food Flavours Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Food Flavours Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Firmenich SA
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Frutarom
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Givaudan Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Sensient Technologies Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kerry Group, PLC.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Robertet SA
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Food Flavours Market: Key Industry Highlights, 2018 and 2032
2. Global Food Flavours Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Food Flavours Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Food Flavours Historical Market: Breakup by End User (USD Billion), 2018-2023
5. Global Food Flavours Market Forecast: Breakup by End User (USD Billion), 2024-2032
6. Global Food Flavours Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Food Flavours Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Food Flavours Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Food Flavours Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Food Flavours Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Food Flavours Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Food Flavours Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Food Flavours Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Food Flavours Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Food Flavours Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Food Flavours Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Food Flavours Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Food Flavours Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 14.51 billion.
The market is projected to grow at a CAGR of 4.6% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 21.69 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.
Analyst Review
The global food flavours market attained a value of about USD 14.51 billion in 2023, driven by the rising demand for organic ingredients. Aided by innovations in pet and animal food products, the market is expected to grow at a CAGR of 4.6% in the forecast period of 2024-2032 to reach USD 21.69 billion by 2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the industry is divided into natural flavours and artificial flavours. On the basis of end user, the market is segmented into beverages, dairy and frozen products, bakery and confectionary, savoury and snacks, and animal and pet food. The major regional markets for food flavours are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Firemenich SA, Frutarom, Givaudan Group, Sensient Technologies Corporation, Kerry Group, PLC, and Robertet SA, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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