Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Natural Food Flavors Market Size is Expected to Grow from USD 7.4 Billion in 2023 to USD 12.5 Billion by 2033, at a CAGR of 5.38% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Natural Food Flavors Market Size, Share, and COVID-19 Impact Analysis, By Source (Plant Based and Animal Based), By Flavor Type (Fruit Flavors, Vegetable Flavors, Herb & Spice Flavors, Meat and Seafood Flavors, and Dairy Flavors) By Application (Beverages, Dairy, Nutrition and Health, Savory, Bakery & Confectionery, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The global natural food flavors market refers to the industry focused on the creation, usage, and distribution of flavoring compounds derived from natural sources such fruits, vegetables, herbs, spices, and other plant-based components. Without the use of artificial or synthetic additions, these natural flavors are used to improve the flavor and taste of food and drink goods. Increasing customer demand for organic, clean-label, and health-conscious food options as well as increasing awareness of potential risks to health associated with artificial additives have pushed the industry. Key driving factors for the growth of the natural food flavors market include the demand for natural, clean-label products without synthetic chemicals and additives has increased as a consequence of growing consumer awareness of health and wellness. Natural flavors from fruits, herbs, and spices are growing increasingly popular as people become more aware of the ingredients in the food they consume. However, complex sourcing, processing, and extraction techniques are frequently required for natural flavors, which may increase production costs. Because of this, some manufacturers consider them more expensive, particularly in regions where consumers are price-sensitive.
The plant-based segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.
On the basis of source, the global natural food flavors market is divided into plant based and animal based. Among these, the plant-based segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed to the increasing acceptance of vegetarian and vegan diets, that have been encouraged by environmental and health concerns. As consumers are searching for ethical, environmental, and allergy-friendly competitors, the marketplace for plant-based flavors continues to expand rapidly.
The fruit flavors segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period.
On the basis of flavor type, the global natural food flavors market is divided into fruit flavors, vegetable flavors, herb & spice flavors, meat and seafood flavors, and dairy flavors. Among these, the fruit flavors segment accounted for the highest revenue share in 2023 and is anticipated to grow at a substantial CAGR during the forecast period. The segment growth is driven because of its comprehensive decision-making process, which encompasses both traditional and tropical choices. Products may include fewer sugars added because of its natural sweetness, which appeals to consumers who are health-conscious. Its flexibility and adaptability to health trends are factors drive its market domination.
The beverages segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
On the basis of application, the global natural food flavors market is divided into beverages, dairy, nutrition and health, savory, bakery & confectionery, and others. Among these, the beverages segment accounted for the largest market share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment growth is driven by growing demand among consumers for functional, healthier beverages. Considering natural flavors improve taste without compromising health benefits, they have become popular for their wholesome appeal. Natural flavors satisfy the needs of customers for clean-label, health-conscious beverages.
North America is anticipated to hold the largest share of the global natural food flavors market over the predicted timeframe.
North America is anticipated to hold the largest share of the global natural food flavors market over the predicted timeframe. The regional market growth can be attributed to growing consumer demand for healthier food options and clean-label products. Growing health consciousness and a shift away from artificial additives have contributed to an increase in the preference for natural ingredients, particularly within the United States. The need for natural food flavors in the region is further strengthened by the existence of significant market individuals, improvements in food technology, and legislative support for clean-label products.
Aisa Pacific is expected to grow at the fastest CAGR in the global natural food flavors market during the forecast period. The regional market growth is driven by an increase in customer awareness of health issues, leading to an evolving trend toward natural and cleaner materials. The need for natural flavors is also being driven by the increasing acceptance of plant-based diets, which are being promoted for ethical, environmental.
Company Profiling
Major vendors in the global natural food flavors market are 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, and Others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global natural food flavors Market based on the below-mentioned segments:
Global Natural Food Flavors Market, By Source
Global Natural Food Flavors Market, By Flavor Type
Global Natural Food Flavors Market, By Application
Global Natural Food Flavors Market, Regional
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