Global Natural and Organic Flavors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Natural and Organic Flavors Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Natural flavors are essential oils, essences or extracts, oleoresins, distillates and protein hydrolysates. These flavors come from edible yeast, spice fruit or juice, vegetable or juice, bark, bud, herb, root, leaf or similar plant products, seafood, poultry, eggs and dairy products. Organic flavors are flavors produced by using raw materials that meet the standards of organic agriculture. Natural and Organic Flavors refer to flavors from organic animals and plants, which do not contain synthetic pesticides or genetically modified ingredients.

Market Overview:

The latest research study on the global Natural and Organic Flavors market finds that the global Natural and Organic Flavors market reached a value of USD 7162.04 million in 2022. It’s expected that the market will achieve USD 12040.51 million by 2028, exhibiting a CAGR of 9.04% during the forecast period.

Market Trends and Dynamics

Consumer demand for novel fruit-flavored beverages Consumers' demand for exotic fruits is increasing, because the number of authentic, natural, organic varieties and exotic fruits from all over the world is increasing. Clementine, Meyer lemon and ice cherry, as well as more exotic fruits such as litchi and jade foot are adding a premiumization along with a sense of authenticity to consumers. At present, exotic flavors and varieties of fruits popular in drinks and cocktails include passion fruit, orange, Brazil berry, ice cherry, pink grapefruit, blood orange and guava. With the improvement of consumers' living standards, the demand for more novel flavor products is also increasing. In order to meet the needs of consumers, enterprises need to continuously develop new flavor products, thus increasing the demand for Natural and Organic Flavors.
The change of consumption concept With the vigorous development of natural food, traditional beverages may not be as popular as in previous years. Consumers improve their requirements for the food they eat, and turn to label reading and ingredient knowledge, the demand for functional beverage choices that can bring benefits to consumers is increasing. Nowadays, there are more taste choices in the market than before, and consumers are looking for new things. The improvement of global consumers' health awareness is expected to promote the market growth of organic and natural flavors. Because of the high nutritional value of fruits and vegetables, people are increasingly aware of the health benefits of natural and organic flavors, which stimulates the demand for natural and organic flavors. For example, the Coca-Cola Company's new Odwalla Craft Ades (a new beverage series infused with herbs, spices and botanicals and added with sucrose and sugar). The change of consumers' consumption concept will increase the demand for Natural and Organic beverages. The Natural and Organic beverages use Natural and Organic Flavors to innovate different products and flavors, so it will also promote the demand growth of Natural and Organic Flavors.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview

Givaudan is one of the major players operating in the Natural and Organic Flavors market, holding a share of 23.62% in 2020.

Segmentation Overview:

By type, Fruit & Fruit Juice segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Food segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Natural and Organic Flavors market covered in Chapter 3:

Sensient Technologies
Huabao International Holdings Limited
Axxence Aromatic GmbH
Gold Coast Ingredients
Treatt Plc
T.Hasegawa Inc
Mane SA
Firmenich
Givaudan
International Flavors & Fragrances Inc.
Kerry Group
Synergy Flavors
Dohler GmbH
Robertet
Archer Daniels Midland Company
Carrubba
Takasago International Corporation
Symrise

In Chapter 4 and Chapter 14.2, on the basis of types, the Natural and Organic Flavors market from 2018 to 2029 is primarily split into:

Fruit & Fruit Juice (Berries, Citrus, Drupes, Pepos, Pomes, Others)
Vegetable & Vegetable Juice
Plant & Botanical (Spices, Herbs, Others)
Meat & Seafood (Meat & Poultry, Seafood)
Dairy (Dairy products, Edible East)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Natural and Organic Flavors market from 2018 to 2029 covers:

Food (Dairy Products, Bakeries, Confectionaries, Savories)
Beverage (Alcoholic, Non-Alcoholic), Nutraceuticals)
Personal Care
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)