Copyright © 2022 StrategyHelix Inc. All Rights Reserved.
Global Natural Food Flavors Market 2021
29 May 2021
Natural flavors are extracted from plants and animals for the purpose of creating flavor enhancers to be used in processed foods. They are used to stimulate or impart a characteristic taste of choice to maintain the flavor after processing to modify an already existing flavor and to mask some undesirable flavor to increase consumer acceptance. The global natural food flavors market is set to grow by US$ 3 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 6.8% during the forecast period, according to data and analytics company StrategyHelix. Rising disposable income and increasing demand for RTE meal and fast foods in developing markets, resurgence of natural food products among consumers, exotic and ethnic flavors hitting the mainstream are expected to boost the market growth in the coming years.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for natural food flavors. The global natural food flavors market is segmented on the basis of source, application, region. By source, it is categorized into plant based flavors, animal based flavors, and microbial based flavors. The plant based flavors segment held the largest market share in 2020. By application, the natural food flavors market is divided into dairy & frozen products, beverages, bakery & confectionery, savory and snacks, and others. The beverages segment accounted for the largest market share in 2020. Based on region, the natural food flavors market is divided into North America, Asia Pacific, Europe, and Rest of the World (ROW).
The report has profiled some of the key players of the market such as BASF SE, Corbion NV, Firmenich SA, Givaudan S.A., International Flavors & Fragrances Inc., Kerry Group plc, Sensient Technologies Corporation, Symrise AG, Takasago International Corporation, The Archer-Daniels-Midland Company.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the natural food flavors market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Source: plant based flavors, animal based flavors, and microbial based flavors
Application: dairy & frozen products, beverages, bakery & confectionery, savory and snacks, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the global natural food flavors market
Pinpoint growth sectors and trends for investment
Understand what the future of the global natural food flavors market looks like
Identify the competitive landscape and window of opportunity
Table of Contents
1. Market Definition
2. Research Methodology
3. Market Data & Outlook
3.1 Market Value
3.2 Market Value Forecast
4. Natural Food Flavors Market by Source
4.1 Plant Based Flavors
4.2 Animal Based Flavors
4.3 Microbial Based Flavors
5. Natural Food Flavors Market by Application
5.1 Dairy & Frozen Products
5.3 Bakery & Confectionery
5.4 Savory And Snacks
6. Natural Food Flavors Market by Region
6.1 North America
6.2 Asia Pacific
6.4 Rest Of The World (Row)
7. Company Profiles
7.1 BASF SE
7.2 Corbion NV
7.3 Firmenich SA
7.4 Givaudan S.A.
7.5 International Flavors & Fragrances, Inc.
7.6 Kerry Group plc
7.7 Sensient Technologies Corporation
7.8 Symrise AG
7.9 Takasago International Corporation
7.10 The Archer-Daniels-Midland Company
8.1 About StrategyHelix