Global Natural Flavors Market Size & Outlook, 2023-2030
Global natural flavors market, 2018-2030 (US$M)
Related Markets
Global natural flavors market highlights
- The global natural flavors market generated a revenue of USD 6,397.9 million in 2023 and is expected to reach USD 10,543.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.4% by 2030.
- In terms of segment, powder accounted for a revenue of USD 4,242.5 million in 2023.
- Powder is the most lucrative form segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,397.9 million |
| Market revenue in 2030 | USD 10,543.7 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Powder |
| Fastest growing segment | Powder |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powder, Liquid/Gel |
Other key industry trends
- In terms of revenue, the North America accounted for 24.8% of the global natural flavors market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 175.8 million by 2030.
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Natural Flavors Market Scope
Natural Flavors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ADM | View profile | - | Chicago, Illinois, United States, North America | https://www.adm.com |
| Universal Oleoresins | View profile | 11-50 | Kochi, Kerala, India, Asia | https://www.universaloleoresins.com |
| Stringer Flavour | View profile | 11-50 | Tring, Hertford, United Kingdom, Europe | https://www.stringer-flavour.com |
| Blue Pacific Flavors | View profile | 11-50 | City Of Industry, California, United States, North America | https://www.bluepacificflavors.com/ |
| Falcon Distribution | View profile | 11-50 | Miami, Florida, United States, North America | http://www.falcondistribution.com |
| Kava Alesio | View profile | 1-10 | Hradec Králové, Kralovehradecky kraj, Czech Republic, Europe | https://www.alesio.cz/ |
| DohlerGroup | View profile | 5001-10000 | Darmstadt, Hessen, Germany, Europe | https://www.doehler.com/ |
| Flavex Naturextrakte | View profile | 11-50 | Rehlingen-siersburg, Saarland, Germany, Europe | https://www.flavex.com |
| MANE | View profile | 5001-10000 | Le Bar, Provence-Alpes-Cote d'Azur, France, Europe | https://www.mane.com/ |
| McCormick & Co Inc | View profile | 13800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | https://www.mccormickcorporation.com |
| Robertet SA | View profile | 2358 | 37, avenue Sidi Brahim, BP 52100, Grasse, France, 6130 | http://www.robertet.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 |
| DoTERRA | View profile | 501-1000 | Pleasant Grove, Utah, United States, North America | https://www.doterra.com |
| Biolandes | View profile | 501-1000 | Le Sen, Aquitaine, France, Europe | https://www.biolandes.com |
| Donaldson Co Inc | View profile | 13000 | 1400 West 94th Street, Minneapolis, MN, United States, 55431 | https://ir.donaldson.com |
| Cummins Inc | View profile | 75500 | 500 Jackson Street, Box 3005, Columbus, IN, United States, 47202-3005 | https://www.cummins.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 |
| MAHLE | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://www.mahle.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| Sensient Technologies Corp | View profile | 3956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | https://www.sensient.com |
| DSM Firmenich AG | View profile | 30000 | Wurmisweg 576, Kaiseraugst, Switzerland, 4303 | https://www.dsm-firmenich.com/corporate/home.html |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global natural 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 natural flavors market will help companies and investors design strategic landscapes.
Powder was the largest segment with a revenue share of 66.31% in 2023. Horizon Databook has segmented the Global natural flavors market based on powder, liquid/gel covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Natural Flavors Form Outlook (Revenue, USD Million, 2018-2030)
- Liquid/Gel
- Powder
- Global Natural Flavors Application Outlook (Revenue, USD Million, 2018-2030)
- Food
- Others
- Dairy Products
- Bakery & Confectionery
- Supplements & Nutrition Products
- Meat & Seafood Products
- Snacks
- Pet Foods
- Sauces, Dressings & Condiments
- Beverages
- Functional Beverages
- Carbonated Soft Drinks
- Juice & Juice Concentrates
- Alcoholic Beverages
- Others
- Others
- Food
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Target buyers of Global natural flavors market databook
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Our clientele includes a mix of natural flavors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global natural flavors market , including forecasts for subscribers. This global databook contains high-level insights into Global natural flavors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global natural flavors market size, by regions, 2018-2030 (US$M)
Top 10 countries: Natural flavors market size, 2023 (US$M)
Global natural flavors market share, by form, 2023 & 2030 (%, US$M)
Natural flavors market: Opportunity assessment by country
Global natural flavors market, by region, 2023 (US$M)
Related statistics
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