Europe Meat Flavors Market Size & Outlook, 2023-2030
The meat flavors market in Europe is expected to reach a projected revenue of US$ 1,184.0 million by 2030. A compound annual growth rate of 6.4% is expected of Europe meat flavors market from 2024 to 2030.
Revenue, 2023 (US$M)
$765.4
Forecast, 2030 (US$M)
$1,184.0
CAGR, 2024 - 2030
6.4%
Report Coverage
Europe
Europe meat flavors market highlights
- The Europe meat flavors market generated a revenue of USD 765.4 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, natural flavor was the largest revenue generating type in 2023.
- Natural Flavor is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 765.4 million |
| Market revenue in 2030 | USD 1,184.0 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Natural flavor |
| Fastest growing segment | Natural Flavor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Flavor |
| Key market players worldwide | Givaudan SA, Kerry Group PLC Class A, International Flavors & Fragrances Inc, Symrise AG, Sensient Technologies Corp, Takasago International Corp, Robertet SA |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.8% of the global meat flavors market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,184.0 million by 2030.
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Meat Flavors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 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 |
| 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 |
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