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Natural Aroma Chemicals Market Size

Report ID: GMI5218
Published Date: Dec 2024
Report Format: PDF

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Natural Aroma Chemicals Market For Flavours Size

The global natural aroma chemicals market for flavours was valued at USD 378.3 million in 2024 and is estimated to grow at a CAGR of over 5.6% from 2025 to 2034.

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Rising preferences towards natural ingredients in food industry driven by increasing consumer knowledge is supporting the business expansion. Rapid economic development and considerable population growth will strengthen the bakery & confectionary industry which is likely to propel the natural aroma chemicals utilization.

Natural Aroma Chemicals Market Report Attributes
Report Attribute	Details
Base Year:	2024
Natural Aroma Chemicals Market Size in 2024:	USD 378.3 Million
Forecast Period:	2025 to 2034
Forecast Period 2025 to 2034 CAGR:	5.6%
2034 Value Projection:	USD 662.29 Million
Historical Data for:	2021 – 2024
No. of Pages:	310
Tables, Charts & Figures:	330
Segments covered:	By Product Type, End Use
Growth Drivers:	Booming food flavours industry Surging adoption of natural ingredients in flavoured beverages Increasing consumption of nutritious and healthier food products
Pitfalls & Challenges:	High prices compared to synthetic aroma chemicals

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Rising consumption of beverages and packaged food products is expected to boost the demand for food flavours worldwide. Flavours used to maintain aroma, taste, add colour, and increase shelf life of the food products. Food flavours includes both natural aroma chemicals and synthetic aroma chemicals obtained from various origins. Growing preferences of natural aroma chemicals over synthetic owing to increasing health consciousness and consumer awareness is expected to drive the natural aroma chemicals industry share for flavours industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market size for natural aroma chemicals in flavours was valued at USD 378.3 million in 2024 and is expected to reach USD 662.29 million by 2034, driven by a CAGR of over 5.6% from 2025 to 2034.

Natural bulk items generated USD 143.1 million in revenue in 2024 and are expected to reach USD 250.4 million by 2034, driven by their widespread use and cost-effectiveness in large-scale production.

The U.S. market was valued at USD 100.1 million in 2024, driven by a significant shift toward clean-label and natural ingredient products.

Major players in the industry include Archer Daniels Midland Company, BASF, Dohler, Ernesto Ventos, Firmenich, Flavaroma, Givaudan, Ingredion, International Flavours & Fragrances, and Kerry Group.