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Liquid Flavor Market Share

Report ID: GMI7364
Published Date: Nov 2023
Report Format: PDF

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Liquid Flavor Market Share

Some of the major companies operating in the liquid flavor industry are:

Givaudan S.A.
Symrise AG
Kerry Group plc
International Flavors and Fragrances (IFF)
Sensient Technologies
Frutarom
MANE Flavor & Fragrance Manufacturer
Gold Coast Ingredients
McCormick & Company, Inc.
Natures Flavors, Inc.
Synergy Flavors
Doehler
BioSun Flavors & Food Ingredients
T. Hasegawa Co., Ltd.
Flavaroma

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

These three companies are global leaders in the development and production of liquid flavors for a wide range of food and beverage applications. They offer a broad portfolio of liquid flavors, including natural, artificial, and organic flavors, as well as custom-designed flavors to meet the specific needs of their customers. Givaudan is a Swiss multinational company that produces flavors, fragrances, and cosmetic ingredients. It was founded in 1895 and is headquartered in Vernier, Switzerland. Givaudan is the world's largest flavor and fragrance company, with a global market share of over 10%.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of liquid flavor reached USD 11.6 billion in 2022 and is set to cross USD 16.79 billion by 2032, due to the increasing consumer demand for diverse range of flavored beverages and food products worldwide.

The synthetic flavor type segment recorded USD 6 billion in 2022, owing to widespread usage in the food and beverage sector, especially in processed and packaged products.

North America market size was valued at USD 3.65 billion in 2022, attributed to the strong presence of major food and beverage companies and the robust consumer base with varying preferences in the region.

4. Who are the key liquid flavor industry players?