Market Analysis and Insights: Global Food Flavors Market
Due to the COVID-19 pandemic, the global Food Flavors market size is estimated to be worth US$ 12650 million in 2022 and is forecast to a readjusted size of US$ 16100 million by 2028 with a CAGR of 4.1% during the review period. Fully considering the economic change by this health crisis, Natural accounting for % of the Food Flavors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Beverages segment is altered to an % CAGR throughout this forecast period.
China Food Flavors market size is valued at US$ million in 2021, while the US and Europe Food Flavors are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Food Flavors landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Food Flavors include Givaudan, International Flavors & Fragrances, Firmenich, Symrise, Sensient, MANE, Takasago, T. Hasegawa and Robertet, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Food Flavors Scope and Segment
Food Flavors market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Food Flavors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Natural
Artificial
Segment by Application
Beverages
Dairy & Frozen Products
Savory & Snacks
Animal & Pet Food
By Company
Givaudan
International Flavors & Fragrances
Firmenich
Symrise
Sensient
MANE
Takasago
T. Hasegawa
Robertet
Frutarom Industries
Huabao International
Kerry
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Due to the COVID-19 pandemic, the global Food Flavors market size is estimated to be worth US$ 12650 million in 2022 and is forecast to a readjusted size of US$ 16100 million by 2028 with a CAGR of 4.1% during the review period. Fully considering the economic change by this health crisis, Natural accounting for % of the Food Flavors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Beverages segment is altered to an % CAGR throughout this forecast period.
China Food Flavors market size is valued at US$ million in 2021, while the US and Europe Food Flavors are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Food Flavors landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Food Flavors include Givaudan, International Flavors & Fragrances, Firmenich, Symrise, Sensient, MANE, Takasago, T. Hasegawa and Robertet, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Food Flavors Scope and Segment
Food Flavors market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Food Flavors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Natural
Artificial
Segment by Application
Beverages
Dairy & Frozen Products
Savory & Snacks
Animal & Pet Food
By Company
Givaudan
International Flavors & Fragrances
Firmenich
Symrise
Sensient
MANE
Takasago
T. Hasegawa
Robertet
Frutarom Industries
Huabao International
Kerry
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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