Flavors Industry Research Report 2024

Flavors Industry Research Report 2024


Summary

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.
According to APO Research, the global Flavors market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Flavors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Flavors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Flavors is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Flavors include Apple F&F, Artsci Bio, Baihua F&F, Boton, Chunfa Bio-Tech, Firmenich, Frutarom, Givaudan and Hangman, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Flavors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Flavors.
The report will help the Flavors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
The Flavors market size, estimations, and forecasts are provided in terms of sales volume (Ton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Flavors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report 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
Flavors segment by Type

Natural Flavoring Substances
Nature-Identical Flavoring Substances
Artificial Flavoring Substances
Flavors segment by Application

Hard Candy, Cookies and Other Baked Goods
Soft Drinks, Beverages, Ice Cream, Other Cold Drink
Flavors Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Flavors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Flavors and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Flavors.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Flavors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Flavors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Flavors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Global Market Growth Prospects
2.2.1 Global Flavors Market Size (2019-2030) & (US$ Million)
2.2.2 Global Flavors Sales (2019-2030)
2.2.3 Global Flavors Market Average Price (2019-2030)
2.3 Flavors by Type
2.3.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Natural Flavoring Substances
2.3.3 Nature-Identical Flavoring Substances
2.3.4 Artificial Flavoring Substances
2.4 Flavors by Application
2.4.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.4.2 Hard Candy, Cookies and Other Baked Goods
2.4.3 Soft Drinks, Beverages, Ice Cream, Other Cold Drink
3 Market Competitive Landscape by Manufacturers
3.1 Global Flavors Market Competitive Situation by Manufacturers (2019 Versus 2023)
3.2 Global Flavors Sales (Ton) of Manufacturers (2019-2024)
3.3 Global Flavors Revenue of Manufacturers (2019-2024)
3.4 Global Flavors Average Price by Manufacturers (2019-2024)
3.5 Global Flavors Industry Ranking, 2022 VS 2023 VS 2024
3.6 Global Manufacturers of Flavors, Manufacturing Sites & Headquarters
3.7 Global Manufacturers of Flavors, Product Type & Application
3.8 Global Manufacturers of Flavors, Date of Enter into This Industry
3.9 Global Flavors Market CR5 and HHI
3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Apple F&F
4.1.1 Apple F&F Company Information
4.1.2 Apple F&F Business Overview
4.1.3 Apple F&F Flavors Sales, Revenue and Gross Margin (2019-2024)
4.1.4 Apple F&F Flavors Product Portfolio
4.1.5 Apple F&F Recent Developments
4.2 Artsci Bio
4.2.1 Artsci Bio Company Information
4.2.2 Artsci Bio Business Overview
4.2.3 Artsci Bio Flavors Sales, Revenue and Gross Margin (2019-2024)
4.2.4 Artsci Bio Flavors Product Portfolio
4.2.5 Artsci Bio Recent Developments
4.3 Baihua F&F
4.3.1 Baihua F&F Company Information
4.3.2 Baihua F&F Business Overview
4.3.3 Baihua F&F Flavors Sales, Revenue and Gross Margin (2019-2024)
4.3.4 Baihua F&F Flavors Product Portfolio
4.3.5 Baihua F&F Recent Developments
4.4 Boton
4.4.1 Boton Company Information
4.4.2 Boton Business Overview
4.4.3 Boton Flavors Sales, Revenue and Gross Margin (2019-2024)
4.4.4 Boton Flavors Product Portfolio
4.4.5 Boton Recent Developments
4.5 Chunfa Bio-Tech
4.5.1 Chunfa Bio-Tech Company Information
4.5.2 Chunfa Bio-Tech Business Overview
4.5.3 Chunfa Bio-Tech Flavors Sales, Revenue and Gross Margin (2019-2024)
4.5.4 Chunfa Bio-Tech Flavors Product Portfolio
4.5.5 Chunfa Bio-Tech Recent Developments
4.6 Firmenich
4.6.1 Firmenich Company Information
4.6.2 Firmenich Business Overview
4.6.3 Firmenich Flavors Sales, Revenue and Gross Margin (2019-2024)
4.6.4 Firmenich Flavors Product Portfolio
4.6.5 Firmenich Recent Developments
4.7 Frutarom
4.7.1 Frutarom Company Information
4.7.2 Frutarom Business Overview
4.7.3 Frutarom Flavors Sales, Revenue and Gross Margin (2019-2024)
4.7.4 Frutarom Flavors Product Portfolio
4.7.5 Frutarom Recent Developments
4.8 Givaudan
4.8.1 Givaudan Company Information
4.8.2 Givaudan Business Overview
4.8.3 Givaudan Flavors Sales, Revenue and Gross Margin (2019-2024)
4.8.4 Givaudan Flavors Product Portfolio
4.8.5 Givaudan Recent Developments
4.9 Hangman
4.9.1 Hangman Company Information
4.9.2 Hangman Business Overview
4.9.3 Hangman Flavors Sales, Revenue and Gross Margin (2019-2024)
4.9.4 Hangman Flavors Product Portfolio
4.9.5 Hangman Recent Developments
4.10 Hodia Flavor
4.10.1 Hodia Flavor Company Information
4.10.2 Hodia Flavor Business Overview
4.10.3 Hodia Flavor Flavors Sales, Revenue and Gross Margin (2019-2024)
4.10.4 Hodia Flavor Flavors Product Portfolio
4.10.5 Hodia Flavor Recent Developments
4.11 Huabao Group
4.11.1 Huabao Group Company Information
4.11.2 Huabao Group Business Overview
4.11.3 Huabao Group Flavors Sales, Revenue and Gross Margin (2019-2024)
4.11.4 Huabao Group Flavors Product Portfolio
4.11.5 Huabao Group Recent Developments
4.12 Huayang F&F
4.12.1 Huayang F&F Company Information
4.12.2 Huayang F&F Business Overview
4.12.3 Huayang F&F Flavors Sales, Revenue and Gross Margin (2019-2024)
4.12.4 Huayang F&F Flavors Product Portfolio
4.12.5 Huayang F&F Recent Developments
4.13 IFF
4.13.1 IFF Company Information
4.13.2 IFF Business Overview
4.13.3 IFF Flavors Sales, Revenue and Gross Margin (2019-2024)
4.13.4 IFF Flavors Product Portfolio
4.13.5 IFF Recent Developments
4.14 Kerry
4.14.1 Kerry Company Information
4.14.2 Kerry Business Overview
4.14.3 Kerry Flavors Sales, Revenue and Gross Margin (2019-2024)
4.14.4 Kerry Flavors Product Portfolio
4.14.5 Kerry Recent Developments
4.15 Mane
4.15.1 Mane Company Information
4.15.2 Mane Business Overview
4.15.3 Mane Flavors Sales, Revenue and Gross Margin (2019-2024)
4.15.4 Mane Flavors Product Portfolio
4.15.5 Mane Recent Developments
4.16 McCormick
4.16.1 McCormick Company Information
4.16.2 McCormick Business Overview
4.16.3 McCormick Flavors Sales, Revenue and Gross Margin (2019-2024)
4.16.4 McCormick Flavors Product Portfolio
4.16.5 McCormick Recent Developments
4.17 Meiyi F&F
4.17.1 Meiyi F&F Company Information
4.17.2 Meiyi F&F Business Overview
4.17.3 Meiyi F&F Flavors Sales, Revenue and Gross Margin (2019-2024)
4.17.4 Meiyi F&F Flavors Product Portfolio
4.17.5 Meiyi F&F Recent Developments
4.18 Prova
4.18.1 Prova Company Information
4.18.2 Prova Business Overview
4.18.3 Prova Flavors Sales, Revenue and Gross Margin (2019-2024)
4.18.4 Prova Flavors Product Portfolio
4.18.5 Prova Recent Developments
4.19 Robertet SA
4.19.1 Robertet SA Company Information
4.19.2 Robertet SA Business Overview
4.19.3 Robertet SA Flavors Sales, Revenue and Gross Margin (2019-2024)
4.19.4 Robertet SA Flavors Product Portfolio
4.19.5 Robertet SA Recent Developments
4.20 Sensient Flavors
4.20.1 Sensient Flavors Company Information
4.20.2 Sensient Flavors Business Overview
4.20.3 Sensient Flavors Flavors Sales, Revenue and Gross Margin (2019-2024)
4.20.4 Sensient Flavors Flavors Product Portfolio
4.20.5 Sensient Flavors Recent Developments
4.21 Shanghai Apple
4.21.1 Shanghai Apple Company Information
4.21.2 Shanghai Apple Business Overview
4.21.3 Shanghai Apple Flavors Sales, Revenue and Gross Margin (2019-2024)
4.21.4 Shanghai Apple Flavors Product Portfolio
4.21.5 Shanghai Apple Recent Developments
4.22 Symrise
4.22.1 Symrise Company Information
4.22.2 Symrise Business Overview
4.22.3 Symrise Flavors Sales, Revenue and Gross Margin (2019-2024)
4.22.4 Symrise Flavors Product Portfolio
4.22.5 Symrise Recent Developments
4.23 Synergy Flavor
4.23.1 Synergy Flavor Company Information
4.23.2 Synergy Flavor Business Overview
4.23.3 Synergy Flavor Flavors Sales, Revenue and Gross Margin (2019-2024)
4.23.4 Synergy Flavor Flavors Product Portfolio
4.23.5 Synergy Flavor Recent Developments
4.24 T·Hasegawa
4.24.1 T·Hasegawa Company Information
4.24.2 T·Hasegawa Business Overview
4.24.3 T·Hasegawa Flavors Sales, Revenue and Gross Margin (2019-2024)
4.24.4 T·Hasegawa Flavors Product Portfolio
4.24.5 T·Hasegawa Recent Developments
4.25 Takasago
4.25.1 Takasago Company Information
4.25.2 Takasago Business Overview
4.25.3 Takasago Flavors Sales, Revenue and Gross Margin (2019-2024)
4.25.4 Takasago Flavors Product Portfolio
4.25.5 Takasago Recent Developments
4.26 Tianlihai Chem
4.26.1 Tianlihai Chem Company Information
4.26.2 Tianlihai Chem Business Overview
4.26.3 Tianlihai Chem Flavors Sales, Revenue and Gross Margin (2019-2024)
4.26.4 Tianlihai Chem Flavors Product Portfolio
4.26.5 Tianlihai Chem Recent Developments
4.27 Wanxiang International
4.27.1 Wanxiang International Company Information
4.27.2 Wanxiang International Business Overview
4.27.3 Wanxiang International Flavors Sales, Revenue and Gross Margin (2019-2024)
4.27.4 Wanxiang International Flavors Product Portfolio
4.27.5 Wanxiang International Recent Developments
4.28 WILD Flavors
4.28.1 WILD Flavors Company Information
4.28.2 WILD Flavors Business Overview
4.28.3 WILD Flavors Flavors Sales, Revenue and Gross Margin (2019-2024)
4.28.4 WILD Flavors Flavors Product Portfolio
4.28.5 WILD Flavors Recent Developments
4.29 Wincom F&F
4.29.1 Wincom F&F Company Information
4.29.2 Wincom F&F Business Overview
4.29.3 Wincom F&F Flavors Sales, Revenue and Gross Margin (2019-2024)
4.29.4 Wincom F&F Flavors Product Portfolio
4.29.5 Wincom F&F Recent Developments
4.30 Yingyang
4.30.1 Yingyang Company Information
4.30.2 Yingyang Business Overview
4.30.3 Yingyang Flavors Sales, Revenue and Gross Margin (2019-2024)
4.30.4 Yingyang Flavors Product Portfolio
4.30.5 Yingyang Recent Developments
5 Global Flavors Market Scenario by Region
5.1 Global Flavors Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Flavors Sales by Region: 2019-2030
5.2.1 Global Flavors Sales by Region: 2019-2024
5.2.2 Global Flavors Sales by Region: 2025-2030
5.3 Global Flavors Revenue by Region: 2019-2030
5.3.1 Global Flavors Revenue by Region: 2019-2024
5.3.2 Global Flavors Revenue by Region: 2025-2030
5.4 North America Flavors Market Facts & Figures by Country
5.4.1 North America Flavors Market Size by Country: 2019 VS 2023 VS 2030
5.4.2 North America Flavors Sales by Country (2019-2030)
5.4.3 North America Flavors Revenue by Country (2019-2030)
5.4.4 U.S.
5.4.5 Canada
5.5 Europe Flavors Market Facts & Figures by Country
5.5.1 Europe Flavors Market Size by Country: 2019 VS 2023 VS 2030
5.5.2 Europe Flavors Sales by Country (2019-2030)
5.5.3 Europe Flavors Revenue by Country (2019-2030)
5.5.4 Germany
5.5.5 France
5.5.6 U.K.
5.5.7 Italy
5.5.8 Russia
5.6 Asia Pacific Flavors Market Facts & Figures by Country
5.6.1 Asia Pacific Flavors Market Size by Country: 2019 VS 2023 VS 2030
5.6.2 Asia Pacific Flavors Sales by Country (2019-2030)
5.6.3 Asia Pacific Flavors Revenue by Country (2019-2030)
5.6.4 China
5.6.5 Japan
5.6.6 South Korea
5.6.7 India
5.6.8 Australia
5.6.9 China Taiwan
5.6.10 Indonesia
5.6.11 Thailand
5.6.12 Malaysia
5.7 Latin America Flavors Market Facts & Figures by Country
5.7.1 Latin America Flavors Market Size by Country: 2019 VS 2023 VS 2030
5.7.2 Latin America Flavors Sales by Country (2019-2030)
5.7.3 Latin America Flavors Revenue by Country (2019-2030)
5.7.4 Mexico
5.7.5 Brazil
5.7.6 Argentina
5.8 Middle East and Africa Flavors Market Facts & Figures by Country
5.8.1 Middle East and Africa Flavors Market Size by Country: 2019 VS 2023 VS 2030
5.8.2 Middle East and Africa Flavors Sales by Country (2019-2030)
5.8.3 Middle East and Africa Flavors Revenue by Country (2019-2030)
5.8.4 Turkey
5.8.5 Saudi Arabia
5.8.6 UAE
6 Segment by Type
6.1 Global Flavors Sales by Type (2019-2030)
6.1.1 Global Flavors Sales by Type (2019-2030) & (Ton)
6.1.2 Global Flavors Sales Market Share by Type (2019-2030)
6.2 Global Flavors Revenue by Type (2019-2030)
6.2.1 Global Flavors Sales by Type (2019-2030) & (US$ Million)
6.2.2 Global Flavors Revenue Market Share by Type (2019-2030)
6.3 Global Flavors Price by Type (2019-2030)
7 Segment by Application
7.1 Global Flavors Sales by Application (2019-2030)
7.1.1 Global Flavors Sales by Application (2019-2030) & (Ton)
7.1.2 Global Flavors Sales Market Share by Application (2019-2030)
7.2 Global Flavors Revenue by Application (2019-2030)
7.2.1 Global Flavors Sales by Application (2019-2030) & (US$ Million)
7.2.2 Global Flavors Revenue Market Share by Application (2019-2030)
7.3 Global Flavors Price by Application (2019-2030)
8 Value Chain and Sales Channels Analysis of the Market
8.1 Flavors Value Chain Analysis
8.1.1 Flavors Key Raw Materials
8.1.2 Raw Materials Key Suppliers
8.1.3 Flavors Production Mode & Process
8.2 Flavors Sales Channels Analysis
8.2.1 Direct Comparison with Distribution Share
8.2.2 Flavors Distributors
8.2.3 Flavors Customers
9 Global Flavors Analyzing Market Dynamics
9.1 Flavors Industry Trends
9.2 Flavors Industry Drivers
9.3 Flavors Industry Opportunities and Challenges
9.4 Flavors Industry Restraints
10 Report Conclusion
11 Disclaimer

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