Global Biotech Flavor Market Size & Outlook, 2018-2025

The global biotech flavor market size was estimated at USD 35,954.1 million in 2018 and is projected to reach USD 57,664.2 million by 2025, growing at a CAGR of 7% from 2019 to 2025.
Revenue, 2018 (US$M)
$35,954.1
Forecast, 2025 (US$M)
$57,664.2
CAGR, 2019 - 2025
7%
Report Coverage
Worldwide

Global biotech flavor market, 2015-2025 (US$M)

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Global biotech flavor market highlights

  • The global biotech flavor market generated a revenue of USD 35,954.1 million in 2018 and is expected to reach USD 57,664.2 million by 2025.
  • The market is expected to grow at a CAGR (2019 - 2025) of 7% by 2025.
  • In terms of segment, vanilla accounted for a revenue of USD 17,774.4 million in 2018.
  • Fruity Flavor is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2018.
  • Country-wise, U.S. is expected to register the highest CAGR from 2019 to 2025.

Global data book summary

Market revenue in 2018USD 35,954.1 million
Market revenue in 2025USD 57,664.2 million
Growth rate7% (CAGR from 2018 to 2025)
Largest segmentVanilla
Fastest growing segmentFruity Flavor
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationVanilla, Fruity Flavor

Other key industry trends

  • In terms of revenue, the North America accounted for 39.5% of the global biotech flavor market in 2018.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 12,372.9 million by 2025.

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Biotech Flavor Market Companies

Name Profile # Employees HQ Website
Flavorchem Corporation View profile 251-500 Downers Grove, Illinois, United States, North America http://flavorchem.com
Bell Flavors & Fragrances View profile 501-1000 Northbrook, Illinois, United States, North America http://bellff.com
Firmenich View profile 5001-10000 New Ulm, Minnesota, United States, North America http://www.firmenich.com
T Hasegawa Co Ltd View profile 2013 4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, Japan, 103-8431 https://www.t-hasegawa.co.jp
Takasago International Corp View profile 3913 Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, Japan, 144-8721 http://www.takasago.com
Givaudan SA View profile 16263 Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 https://www.givaudan.com
Symrise AG View profile 12435 Muhlenfeldstrasse 1, Holzminden, ST, Germany, 37603 https://www.symrise.com
International Flavors & Fragrances Inc View profile 21500 521 West 57th Street, New York, NY, United States, 10019-2960 https://www.iff.com
Kerry Group PLC Class A View profile 21000 Prince's Street, Tralee, Kerry, Ireland, V92 EH11 https://www.kerry.com
Sensient Technologies Corp View profile 3956 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 https://www.sensient.com

Global biotech flavor market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biotech flavor market will help companies and investors design strategic landscapes.


Vanilla was the largest segment with a revenue share of 49.44% in 2018. Horizon Databook has segmented the Global biotech flavor market based on vanilla, fruity flavor covering the revenue growth of each sub-segment from 2015 to 2025.


  • Global Biotech Flavor Type Outlook (Revenue, USD Million, 2015-2025)
    • Fruity Flavor
    • Others
    • Vanilla
  • Global Biotech Flavor Application Outlook (Revenue, USD Million, 2015-2025)
    • Dairy
    • Beverage
    • Bakery and confectionery
    • Others
    • Nutraceuticals
  • Global Biotech Flavor Form Outlook (Revenue, USD Million, 2015-2025)
    • Powder
    • Paste
    • Liquid

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Target buyers of Global biotech flavor market databook

  • Our clientele includes a mix of biotech flavor market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global biotech flavor market , including forecasts for subscribers. This global databook contains high-level insights into Global biotech flavor market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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Global biotech flavor market size, by regions, 2015-2025 (US$M)

Top 10 countries: Biotech flavor market size, 2018 (US$M)

Global biotech flavor market share, by form, 2018 & 2025 (%, US$M)

Biotech flavor market: Opportunity assessment by country

Global biotech flavor market, by region, 2018 (US$M)

Global biotech flavor market size, by regions, 2015-2025 (US$M)

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