Europe Natural Flavors Market Size & Outlook, 2023-2030

The natural flavors market in Europe is expected to reach a projected revenue of US$ 2,325.2 million by 2030. A compound annual growth rate of 6.9% is expected of Europe natural flavors market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,453.7
Forecast, 2030 (US$M)
$2,325.2
CAGR, 2024 - 2030
6.9%
Report Coverage
Europe

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Europe natural flavors market, 2018-2030 (US$M)

Europe natural flavors market, 2018-2030 (US$M)

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Europe natural flavors market highlights

  • The Europe natural flavors market generated a revenue of USD 1,453.7 million in 2023.
  • The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
  • In terms of segment, powder was the largest revenue generating form in 2023.
  • Powder is the most lucrative form segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,453.7 million
Market revenue in 2030USD 2,325.2 million
Growth rate6.9% (CAGR from 2023 to 2030)
Largest segmentPowder
Fastest growing segmentPowder
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPowder, Liquid/Gel
Key market players worldwideParker Hannifin Corp, Donaldson Co Inc, Cummins Inc, MAHLE, Biolandes, Basf SE, Symrise AG, DSM Firmenich AG, Givaudan SA, International Flavors & Fragrances Inc, Sensient Technologies Corp, Takasago International Corp, T Hasegawa Co Ltd, Robertet SA, McCormick & Co Inc, Kerry Group PLC Class A, MANE, Kava Alesio, DohlerGroup, Falcon Distribution, Blue Pacific Flavors, Stringer Flavour, DoTERRA, Flavex Naturextrakte, Universal Oleoresins, ADM


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.7% of the global natural flavors market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,969.1 million by 2030.

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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

Europe 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 66.51% in 2023. Horizon Databook has segmented the Europe natural flavors market based on powder, liquid/gel covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe natural flavors market , including forecasts for subscribers. This continent databook contains high-level insights into Europe natural flavors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe natural flavors market size, by country, 2018-2030 (US$M)

Europe Natural Flavors Market Outlook Share, 2023 & 2030 (US$M)

Europe natural flavors market size, by country, 2018-2030 (US$M)

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