Flavors Market Size, Share, Growth, Global Trends Report, 2032

Flavors Market

Flavors Market By Type (Natural and Synthetic), By Application (Beverages, Bakery, Confectionery, Dairy, Savory & Snacks and Others), and By Region: Global Perspective, Comprehensive Analysis and Forecast, 2024 - 2032

Category: Food & Beverage Report Format : PDF Pages: 210 Report Code: ZMR-49 Published Date: Sep-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 18.73 Billion USD 26.8 Billion 4.06% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Flavors Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Flavors Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Natural
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Synthetic
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Flavors Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Beverages
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Bakery
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Confectionery
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Dairy
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Savory & Snacks
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Savory & Snacks
      • 5.7.1. Market Size and Forecast, By Region (USD Billion)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Flavors Market – Application Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Flavors Market: Company Market Share, 2019
      • 8.1.2. Global Flavors Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Flavors Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Flavors Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Givaudan
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Firmenich SA
    • 9.3. Kerry Group plc
    • 9.4. Symrise AG
    • 9.5. Wild Flavors Inc
    • 9.6. Frutarom Industries Ltd
    • 9.7. SunOpta
    • 9.8. International Flavors and Fragrances Inc
    • 9.9. Mane Fils SA
    • 9.10. Archer Daniels Midland Company
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures    

FIG NO. 1.    Market Attractiveness Analysis, By Type
FIG NO. 2.    Market Attractiveness Analysis, By Application
FIG NO. 3.    Market Attractiveness Analysis, By Region
FIG NO. 4.    Global Flavors Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5.    Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6.    Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7.    Global Flavors Market for Natural, Revenue (USD Billion) 2016 – 2028
FIG NO. 8.    Comparative Revenue Analysis of Flavors Market for Natural, By Country, 2020 & 2028
FIG NO. 9.    Global Flavors Market for Synthetic, Revenue (USD Billion) 2016 – 2028
FIG NO. 10.    Comparative Revenue Analysis of Flavors Market for Synthetic, By Country, 2020 & 2028
FIG NO. 11.    Market Revenue Share, By Application, 2020 & 2028
FIG NO. 12.    Global Flavors Market for Beverages, Revenue (USD Billion) 2016 – 2028
FIG NO. 13.    Comparative Revenue Analysis of Flavors Market for Beverages, By Country, 2020 & 2028 
FIG NO. 14.    Global Flavors Market for Bakery, Revenue (USD Billion) 2016 – 2028
FIG NO. 15.    Comparative Revenue Analysis of Flavors Market for Bakery, By Country, 2020 & 2028
FIG NO. 16.    Global Flavors Market for Confectionery, Revenue (USD Billion) 2016 – 2028 
FIG NO. 17.    Comparative Revenue Analysis of Flavors Market for Confectionery, By Country, 2020 & 2028
FIG NO. 18.    Global Flavors Market for Dairy, Revenue (USD Billion) 2016 – 2028
FIG NO. 19.    Comparative Revenue Analysis of Flavors Market for Dairy, By Country, 2020 & 2028
FIG NO. 20.    Global Flavors Market for Savory & Snacks, Revenue (USD Billion) 2016 – 2028
FIG NO. 21.    Comparative Revenue Analysis of Flavors Market for Savory & Snacks, By Country, 2020 & 2028
FIG NO. 22.    Global Flavors Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 23.    Comparative Revenue Analysis of Flavors Market for Others, By Country, 2020 & 2028
FIG NO. 24.    Global Flavors Market Revenue Share, By Region, 2020 & 2028
FIG NO. 25.    North America Flavors Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 26.    Porter’s Five Forces Analysis for Global Flavors Market
FIG NO. 27.    PEST Analysis for Global Flavors Market
FIG NO. 28.    Pricing Analysis for Global Flavors Market
FIG NO. 29.    Value Chain Analysis for Global Flavors Market
FIG NO. 30.    Company Share Analysis, 2019
FIG NO. 31.    Radar Determinant Chart, 2019
FIG NO. 32.    Company Strategic Developments – Heat Map Analysis
FIG NO. 33.    Givaudan Business Segment Revenue Share, 2020 (%)
FIG NO. 34.    Givaudan Geographical Segment Revenue Share, 2020 (%)
FIG NO. 35.    Market Channels
FIG NO. 36.    Marketing Channel Development Trend
FIG NO. 37.    Growth in World Gross Product, 2008-2018
FIG NO. 38.    Research Methodology – Detailed View
FIG NO. 39.    Research Methodology
 


Table Of Tables

List of Tables    

TABLE NO. 1. Global Flavors Market: Snapshot
TABLE NO. 2. Quarterly Flavors Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Flavors Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Flavors Market for Natural, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Flavors Market for Synthetic, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8:    Global Flavors Market for Beverages, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9:    Global Flavors Market for Bakery, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Flavors Market for Confectionery, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. Global Flavors Market for Dairy, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12. Global Flavors Market for Savory & Snacks, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Flavors Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Flavors Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. North America Flavors Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 16. North America Flavors Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 17. North America Flavors Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 18. U.S. Flavors Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 19. U.S. Flavors Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. Canada Flavors Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. Canada Flavors Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Mexico Flavors Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. Mexico Flavors Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Drivers for the Flavors Market: Impact Analysis 
TABLE NO. 25. Restraints for the Flavors Market: Impact Analysis
TABLE NO. 26. Major Buyers of Flavors
TABLE NO. 27. Distributors/Traders List of Flavors
TABLE NO. 28. Global Flavors Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 29:    Global Flavors Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   
 

Methodology

FrequentlyAsked Questions

According to a study, the global Flavors market size was worth around USD 18.73 billion in 2023 and is expected to reach USD 26.8 billion by 2032.

The global Flavors market is expected to grow at a CAGR of 4.06% during the forecast period.

Some of the key factors driving the global Flavors Market growth are surge in demand for RTE meal and fast foods, Increase in use of health products, and Technological strides.

North America is expected to dominate the Flavors market over the forecast period.

Major players in the Flavors market are Givaudan, Firmenich SA, Kerry Group plc, Symrise AG, Wild Flavors Inc., Frutarom Industries Ltd., SunOpta, Inc, International Flavors and Fragrances Inc., Mane Fils SA, Archer Daniels Midland Company and Sensient Technologies Corporation.

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List of Contents

Market InsightsOverview COVID-19 Impact AnalysisGrowth FactorsReport ScopeSegmentation AnalysisRegional AnalysisCompetitive AnalysisThe global Market is segmented as follows:By Region

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