Food flavors are commonly used to improve the taste of food products. Flavor additives mainly include natural and synthesized flavors. Perishable foods after processing and preserving tend to lose their flavor over time, which creates the need to use flavoring substances to help maintain the flavor. The food & beverage industry requires flavors for different purposes such as new product development, add new product line, and change the taste of existing product. High demand for new flavors from the food & beverages industry and continuous innovation drive the growth of the food flavors market. In addition, increase in requirement from the fast food industry is expected to provide growth opportunities in the food flavors market during the forecast period.
However, stringent government regulations and adverse effects of synthetic flavors on human health are expected to hamper the market growth. Innovation in flavors and their growth in demand across emerging economies are expected to open new avenues for the market players in the future.
The food flavors market is segmented into type, end user, and region. By type, it is categorized into natural and artificial flavors. By end user, it is divided into beverages, dairy & frozen products, bakery & confectionery, savory & snacks, and animal & pet food. The beverages market is further classified into hot drinks, soft drinks, and alcoholic drinks. The dairy & frozen products segment is bifurcated into dairy products and meat. The bakery & confectionery segment is further categorized as bakery, chocolate, confectionery, and ice cream. The savory & snacks market is divided into savory and snacks. The animal & pet food is classified into animal feed and pet food. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the key players analyzed in this market are Firmenich SA, Frutarom Industries Ltd., Givauda International SA, Huabao International Holdings Limited, Kerry Group, Plc., Robertet SA, S H Kelkar and Company Limited., Sensient Technologies Corporation, Symrise AG, and Takasago International Corporation
Food Flavors Market Segments

By Type

  • Natural
  • Artificial

By End Users

  • Beverages
  • ·Hot Drinks
  • ·Soft Drinks
  • ·Alcoholic Drinks
  • Dairy & Frozen Products
  • ·Dairy Products
  • ·Frozen Products
  • Bakery & Confectionery
  • ·Bakery
  • ·Chocolate
  • ·Confectionery
  • ·Ice Cream
  • Savory & Snacks
  • ·Savory
  • ·Snacks
  • Animal & Pet Food
  • ·Animal Feed
  • ·Pet Food

By Region

  • North America
  • ·U.S.
  • ·Canada
  • ·Mexico
  • Europe
  • ·UK
  • ·Germany
  • ·France
  • ·Netherlands
  • ·Spain
  • ·Belgium
  • ·Russia
  • ·Poland
  • ·Czech Republic
  • ·Denmark
  • ·Iceland
  • ·Norway
  • ·Sweden
  • ·Finland
  • ·Rest of Europe
  • Asia-Pacific
  • ·China
  • ·Japan
  • ·India
  • ·Australia
  • ·South Korea
  • ·Malaysia
  • ·Indonesia
  • ·Rest of Asia-Pacific
  • ·Egypt
  • ·Iran
  • ·Turkey
  • ·Saudi Arabia
  • ·United Arab Emirates
  • ·Rest of Middle East
  • ·Morocco
  • ·South Africa
  • ·Nigeria
  • ·Rest of Africa
  • ·Brazil
  • ·Argentina
  • ·Colombia
  • ·Chile
  • ·Rest of Latin America

Key Market Players

  • Firmenich SA
  • Frutarom Industries Ltd.
  • Givauda International SA
  • Huabao International Holdings Limited
  • Kerry Group, PLC.
  • S H Kelkar and Company Limited.
  • Sensient Technologies Corporation
  • Symrise AG
  • Takasago International Corporation