Home > Food & Beverages > Food Additives > Flavor Enhancers > Natural Food Flavors Market

Natural Food Flavors Market Share

Report ID: GMI7129
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Natural Food Flavors Market Share

Major companies operating in the natural food flavors industry includes:

Givaudan
Firmenich
Symrise
International Flavors & Fragrances (IFF)
Kerry Group
Archer Daniels Midland (ADM)
BASF
Sensient Technologies
Takasago International Corporation
Huabao International Holdings Limited
Robertet SA
MANE SA

The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of natural food flavors reached USD 7.8 billion in 2022 and is set to witness 5.5% CAGR from 2023 to 2032, driven by the growing demand for natural food flavors owing to rising consumer health-consciousness and concerns about food ingredients.

Plant-based natural food flavors segment generated USD 5 billion in revenue in 2022, attributed to its increasing demand among consumers with dietary restrictions, such as vegetarians, vegans, and those with allergies or intolerances to animal products.

Asia Pacific market size was valued at USD 2.7 billion in 2022, owing to the surging consumer demand for healthier and more natural food options along with the higher focus on natural ingredients and traditional food practices.

Some of the top natural food flavor companies are Givaudan, Firmenich, Symrise, International Flavors & Fragrances (IFF), Kerry Group, Archer Daniels Midland (ADM), BASF, Sensient Technologies, Takasago International Corporation, Huabao International Holdings Limited, and MANE SA.