ANZ Flavors Market Size & Outlook, 2025-2030
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ANZ flavors market highlights
- The ANZ flavors market generated a revenue of USD 668.0 million in 2024 and is expected to reach USD 997.2 million by 2030.
- The ANZ market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, food was the largest revenue generating application in 2024.
- Beverages is the most lucrative application segment registering the fastest growth during the forecast period.
Flavors market data book summary
| Market revenue in 2024 | USD 668.0 million |
| Market revenue in 2030 | USD 997.2 million |
| Growth rate | 6.9% (CAGR from 2025 to 2030) |
| Largest segment | Food |
| Fastest growing segment | Beverages |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Food, Beverages, Others (Tobacco products, pharmaceuticals, etc.) |
| Key market players worldwide | Givaudan SA, DSM, Symrise AG, Sensient Technologies Corp, International Flavors & Fragrances Inc, Takasago International Corp, Kerry Group PLC Class A, MANE, Robertet SA, Huabao Flavours & Fragrances |
Other key industry trends
- In terms of revenue, ANZ accounted for 3.3% of the global flavors market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flavors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,377.1 million by 2030.
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Flavors Market Scope
Flavors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huabao Flavours & Fragrances | View profile | 1001-5000 | Lhasa, Xizang, China, Asia | https://www.hbflavor.com/ |
| MANE | View profile | 5001-10000 | Le Bar, Provence-Alpes-Cote d'Azur, France, Europe | https://www.mane.com/ |
| Robertet SA | View profile | 2358 | 37, avenue Sidi Brahim, BP 52100, Grasse, France, 6130 | http://www.robertet.com |
| 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 |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.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 |
ANZ flavors 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 flavors market will help companies and investors design strategic landscapes.
Food was the largest segment with a revenue share of 70.84% in 2024. Horizon Databook has segmented the ANZ flavors market based on food, beverages, others (tobacco products, pharmaceuticals, etc.) covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to ANZ flavors market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of ANZ flavors market databook
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Our clientele includes a mix of flavors 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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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 country-level data and insights on the ANZ flavors market , including forecasts for subscribers. This country databook contains high-level insights into ANZ flavors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
ANZ Application - Flavors Market size, 2024 - 2030 (US$M)
ANZ Flavors Market Outlook Share, 2024 & 2030 (US$M)
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