North America Biotech Flavor Market Size & Outlook
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North America biotech flavor market highlights
- The North America biotech flavor market generated a revenue of USD 14,216.2 million in 2018.
- The market is expected to grow at a CAGR of 6.5% from 2019 to 2025.
- In terms of segment, vanilla was the largest revenue generating type in 2018.
- Fruity Flavor is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2019 to 2025.
North America data book summary
| Market revenue in 2018 | USD 14,216.2 million |
| Market revenue in 2025 | USD 22,114.2 million |
| Growth rate | 6.5% (CAGR from 2018 to 2025) |
| Largest segment | Vanilla |
| Fastest growing segment | Fruity Flavor |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vanilla, Fruity Flavor |
Other key industry trends
- In terms of revenue, North America region accounted for 39.5% of the global biotech flavor market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,090.3 million by 2025.
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Biotech Flavor Market Scope
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 |
North America 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 51.89% in 2018. Horizon Databook has segmented the North America biotech flavor market based on vanilla, fruity flavor covering the revenue growth of each sub-segment from 2015 to 2025.
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Target buyers of North America biotech flavor market databook
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Our clientele includes a mix of biotech flavor market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America biotech flavor market , including forecasts for subscribers. This continent databook contains high-level insights into North America biotech flavor market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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North America biotech flavor market size, by country, 2015-2025 (US$M)
North America Biotech Flavor Market Outlook Share, 2018 & 2025 (US$M)
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