The food flavor market is anticipated to grow at a significant CAGR during the forecast period. Food flavor are derived from ingredients such as herbs, raw fruit and vegetables or by the chemical. The use of food flavor enhances the existing flavor of the particular food item. The increasing adoption of food flavor to derive global authentic flavors with the raising demand will significantly impact the growth of the food flavor market during the forecast period. Moreover, the growing market of processed foods and beverages across the globe will also contribute significantly to the food flavor market.
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The global food flavor market is further segmented based on geography into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to hold significant share in the food flavor market during the forecast period. The growth of the market is attributed to the increasing processed food & beverage industry across the region. In addition to this, the increasing demand for organic food product will surge the demand of natural flavor, which in turn, will fuel the market growth during the forecast period.
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The global food flavor market is segmented based on the type and application. Based on the type, the market is bifurcated into natural flavor and synthetic flavor. Further, based on the application, the market is sub-segmented into beverages, dairy & frozen products, bakery & confectionery, processed & convenience food, and others.
Global Food Flavor Market – Segmentation
by Type
Natural Flavour
Synthetic Flavour
by Application
Beverages
Dairy & Frozen Products
Bakery & Confectionery
Processed & Convenience Food
Others
Global Food Flavor Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Archer Daniels Midland Co.(ADM)
BASF Nutrition (BASF SE)
Chr. Hansen Holding A/S
Corbion NV
DSMKoninklijke N.V
DuPont Nutrition & Biosciences (DuPont de Nemours, Inc.)
European Flavours & Fragrances PLC
Firmenich SA
Givaudan
Huabao International Holdings Ltd.
International Flavors & Fragrances Inc.
Kerry Group plc
Keva Flavours Pvt. Ltd.
Robertet Group
Sensient Technologies Corp.
Symrise AG
Synergy Flavors
T.Hasegawa Co. Ltd.
Taiyo International
Takasago International Corp.
The Mane Group
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