Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. While natural flavors is a kind of flavors with raw material of flowers, plant or animals.
This report contains market size and forecasts of Flavors in global, including the following market information:
Global Flavors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Flavors Market Sales, 2017-2022, 2023-2028, (Ton)
Global top five Flavors companies in 2021 (%)
The global Flavors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Natural Flavoring Substances Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Flavors include Apple F&F, Artsci Bio, Baihua F&F, Boton, Chunfa Bio-Tech, Firmenich, Frutarom, Givaudan and Hangman, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Flavors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Flavors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Flavors Market Segment Percentages, by Type, 2021 (%)
Natural Flavoring Substances
Nature-Identical Flavoring Substances
Artificial Flavoring Substances
Global Flavors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Flavors Market Segment Percentages, by Application, 2021 (%)
Hard Candy, Cookies and Other Baked Goods
Soft Drinks, Beverages, Ice Cream, Other Cold Drink
Global Flavors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Ton)
Global Flavors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Flavors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Flavors revenues share in global market, 2021 (%)
Key companies Flavors sales in global market, 2017-2022 (Estimated), (Ton)
Key companies Flavors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apple F&F
Artsci Bio
Baihua F&F
Boton
Chunfa Bio-Tech
Firmenich
Frutarom
Givaudan
Hangman
Hodia Flavor
Huabao Group
Huayang F&F
IFF
Kerry
Mane
McCormick
Meiyi F&F
Prova
Robertet SA
Sensient Flavors
Shanghai Apple
Symrise
Synergy Flavor
T·Hasegawa
Takasago
Tianlihai Chem
Wanxiang International
WILD Flavors
Wincom F&F
Yingyang