Food Flavors Market Research Report Forecast till 2030

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Food Flavors Market Research Report Information By Source (Natural and Synthetic), By Application (Bakery & Confectionery, Dairy & Frozen Desserts, Beverages, Sweet & Savory Snacks, and Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) - Market Forecast Till 2030

Food Flavors Market Overview:

The food flavors market is projected to have a yearly development rate (CAGR) of 4.61% during the estimated time frame. The rising interest in handled foods and drinks (with developing expendable salaries), rising interest in different food applications, and the developing fame of colorful flavors are the key market drivers extending the market development. A critical number of clients know about the manufactured fixings that are used in food items. Developing mindfulness in regards to the use of normal fixings and buyers' tendency towards eating clean-mark fixings might drive the use of regular food embodiments. The makers are gaining from the rising pattern of clean-name items by creating items with food flavors that are normally obtained. 

Further, supportability is a complex issue where the food creation framework and diets assume critical parts. It is important to progress toward a feasible food future with facilitated drives. Family food utilization represents over 60% of ozone-depleting substance emanations and 50-80% of general asset use. Therefore, buyers are steadily carrying out healthy and harmless to the ecosystem dietary patterns. Changing food utilization is a necessity for accomplishing manageability objectives, particularly in big-league salary nations. The interest in normal food flavors is developing as clients progressively favor foods and refreshments with regular preferences and earth morally safe elements for well-being benefits, from blueberry-enhanced protein beverages to rose-seasoned teas driving the development of the food flavors market income.

Food Flavors Market Segmentation:

Based on source the food flavors market is divided into natural and synthetic. The food flavors market data has been bifurcated by application and includes bakery & confectionery, dairy & frozen desserts, beverages, sweet & savory snacks, and others. 

Food Flavors Market Regional Insights:

The Europe food flavors market represented USD 8.29 billion in 2022 and is supposed to show a huge CAGR development during the review time frame. Tremendous interest in dairy items like cheddar, milk, or spread was seen in the European market, which energizes the interest in food flavors because of their utilization in dairy items to achieve a delightful taste. North American food flavors market represents the second-biggest market share because of the region's utilization of various regional cooking styles. Because of the region's transient populace, bona fide food items are eaten there, which has incited the production of various worldwide consumable administrations. 

The Asia-Pacific food flavors market is supposed to develop at the quickest CAGR from 2022 to 2030. This is because of the expanded interest in imaginative and further developed food things. The high creation and deals of the food and refreshment industry, the rising buying force of the overall population, and the developing presence of critical regional players are driving the market for food flavors in the region. 

Food Flavors Market Major Players:

Key Companies in the Food Flavors market include Koninklijke DSM NV, Kerry Group PLC, BASF SE, Archer Daniels Midland (ADM), Givaudan, Firmenich SA, Corbion NV, Sensient Technologies, Symrise AG, and Cargill Inc., among others.

Food Flavors Market COVID 19 Impacts:

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 18

1.1 MARKET ATTRACTIVENESS ANALYSIS 20

1.1.1 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY 21

1.1.2 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE 22

1.1.3 GLOBAL FOOD FLAVORS MARKET, BY APPLICATION 23

1.1.4 GLOBAL FOOD FLAVORS MARKET, BY REGION 24

2 MARKET INTRODUCTION 25

2.1 DEFINITION 25

2.2 SCOPE OF THE STUDY 25

2.3 RESEARCH OBJECTIVE 25

2.4 MARKET STRUCTURE 26

2.5 KEY BUYING CRITERIA 26

3 RESEARCH METHODOLOGY 27

3.1 RESEARCH PROCESS 27

3.2 PRIMARY RESEARCH 28

3.3 SECONDARY RESEARCH 29

3.4 MARKET SIZE ESTIMATION 30

3.5 FORECAST MODEL 31

3.6 LIST OF ASSUMPTIONS 32

4 MARKET DYNAMICS 33

4.1 INTRODUCTION 33

4.2 DRIVERS 34

4.2.1 GROWTH OF APPLICATION INDUSTRIES 34

4.2.2 INCREASING DEMAND FOR NATURAL FOOD INGREDIENTS 34

4.2.3 TECHNOLOGICAL IMPROVEMENTS 35

4.2.4 DRIVERS IMPACT ANALYSIS 35

4.3 RESTRAINT 36

4.3.1 STRINGENT GOVERNMENT REGULATIONS 36

4.3.2 RESTRAINT IMPACT ANALYSIS 37

4.4 OPPORTUNITIES 37

4.4.1 FOCUS ON RESEARCH & DEVELOPMENT 37

4.4.2 GROWING CONSUMER AWARENESS OF NATURAL FOOD FLAVORS IN EMERGING ECONOMIES 37

4.5 CHALLENGE 38

4.5.1 CHANCES OF FOOD ALLERGY AND INTOLERANCE 38

5 MARKET FACTOR ANALYSIS 39

5.1 VALUE CHAIN ANALYSIS 39

5.1.1 RAW MATERIAL PROCUREMENT 40

5.1.2 PROCESSING 40

5.1.3 PACKAGING 40

5.2 SUPPLY CHAIN ANALYSIS 41

5.3 PORTER’S FIVE FORCES MODEL 42

5.3.1 THREAT OF NEW ENTRANTS 43

5.3.2 BARGAINING POWER OF SUPPLIERS 43

5.3.3 THREAT OF SUBSTITUTES 43

5.3.4 BARGAINING POWER OF BUYERS 43

5.3.5 INTENSITY OF RIVALRY 43

5.4 CATEGORY INSIGHTS 44

5.4.1 PRICING TREND, 2023-2030 (HISTORIC & FORECAST) 44

5.4.2 PRICING ANALYSIS 44

5.4.3 RAW MATERIAL ANALYSIS 44

5.4.3.1 NATURAL FLAVORING MATERIALS 44

5.4.3.2 SYNTHETIC FLAVORING MATERIALS 47

5.4.4 CONTRACT TERMS & PRACTICE 47

5.4.5 LIST OF SUPPLIERS OF GLOBAL FOOD FLAVORS 48

6 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY 52

6.1 OVERVIEW 52

6.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY CATEGORY, 2023 TO 2030 53

6.2 SYNTHETIC 53

6.2.1 SYNTHETIC MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 53

6.3 NATURAL 54

6.3.1 NATURAL MARKET ESTIMATES & FORECAST BY REGION, 2023 TO 2030 54

7 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE 55

7.1 OVERVIEW 55

7.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY FLAVOR TYPE, 2023 TO 2030 56

7.2 CHOCOLATE 56

7.2.1 CHOCOLATE: MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 56

7.3 VANILLA 57

7.3.1 VANILLA MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 57

7.4 FRUIT & NUT 57

7.4.1 FRUIT & NUT MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 57

7.5 SPICES 58

7.5.1 SPICES MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 58

7.6 OTHERS 58

7.6.1 OTHERS MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 58

8 GLOBAL FOOD FLAVORS MARKET, BY APPLICATION 59

8.1 OVERVIEW 59

8.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY APPLICATION, 2023 TO 2030 60

8.2 BEVERAGES 60

8.2.1 BEVERAGES: MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 60

8.3 FOOD 61

8.3.1 HYDRAULICS MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 61

9 GLOBAL FOOD FLAVORS MARKET, BY REGION 62

9.1 OVERVIEW 62

9.2 NORTH AMERICA 64

9.2.1 US 66

9.2.2 CANADA 68

9.2.3 MEXICO 70

9.3 EUROPE 73

9.3.1 UK 75

9.3.2 GERMANY 77

9.3.3 FRANCE 79

9.3.4 ITALY 81

9.3.5 SPAIN 83

9.3.6 REST OF EUROPE 85

9.4 ASIA-PACIFIC 88

9.4.1 CHINA 90

9.4.2 INDIA 92

9.4.3 JAPAN 94

9.4.4 AUSTRALIA & NEW ZEALAND 96

9.4.5 REST OF ASIA-PACIFIC 98

9.5 REST OF WORLD 101

9.5.1 SOUTH AMERICA 103

9.5.2 MIDDLE EAST 105

9.5.3 AFRICA 107

10 COMPETITIVE LANDSCAPE 110

10.1 INTRODUCTION 110

10.1.1 INTRODUCTION 110

10.2 COMPETITIVE BENCHMARKING 111

10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 112

10.3.1 ACQUISITION 112

10.3.2 MERGER 112

10.3.3 AGREEMENT 113

10.3.4 EXPANSION 113

11 COMPANY PROFILES 114

11.1 GIVAUDAN SA 114

11.1.1 COMPANY OVERVIEW 114

11.1.2 FINANCIAL ANALYSIS 115

11.1.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 116

11.1.4 KEY DEVELOPMENTS 116

11.1.5 SWOT ANALYSIS 117

11.1.6 KEY STRATEGIES 117

11.2 INTERNATIONAL FLAVORS & FRAGRANCES INC. 118

11.2.1 COMPANY OVERVIEW 118

11.2.2 FINANCIAL OVERVIEW 119

11.2.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 119

11.2.4 KEY DEVELOPMENTS 120

11.2.5 SWOT ANALYSIS 120

11.2.6 KEY STRATEGIES 120

11.3 FIRMENICH SA 121

11.3.1 COMPANY OVERVIEW 121

11.3.2 FINANCIAL OVERVIEW 122

11.3.3 PRODUCTS/SERVICES/SOLUTIONS 0FFERED 122

11.3.4 KEY DEVELOPMENTS 123

11.3.5 SWOT ANALYSIS 123

11.3.6 KEY STRATEGIES 123

11.4 SYMRISE AG 124

11.4.1 COMPANY OVERVIEW 124

11.4.2 FINANCIAL OVERVIEW 125

11.4.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 125

11.4.4 KEY DEVELOPMENTS 127

11.4.5 SWOT ANALYSIS 127

11.4.6 KEY STRATEGIES 127

11.5 TAKASAGO INTERNATIONAL CORPORATION 128

11.5.1 COMPANY OVERVIEW 128

11.5.2 FINANCIAL ANALYSIS 129

11.5.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 130

11.5.4 KEY DEVELOPMENTS 130

11.5.5 KEY STRATEGIES 130

11.6 SENSIENT TECHNOLOGIES CORPORATION 131

11.6.1 COMPANY OVERVIEW 131

11.6.2 FINANCIAL OVERVIEW 132

11.6.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 133

11.6.4 KEY DEVELOPMENTS 133

11.6.5 SWOT ANALYSIS 134

11.6.6 KEY STRATEGIES 134

11.7 T. HASEGAWA CO., LTD 135

11.7.1 COMPANY OVERVIEW 135

11.7.2 FINANCIAL OVERVIEW 136

11.7.3 PRODUCTS/SERVICES/SOLUTIONS 0FFERED 136

11.7.4 KEY DEVELOPMENTS 137

11.7.5 SWOT ANALYSIS 137

11.7.6 KEY STRATEGIES 137

11.8 KERRY GROUP PLC 138

11.8.1 COMPANY OVERVIEW 138

11.8.2 FINANCIAL OVERVIEW 139

11.8.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 140

11.8.4 KEY DEVELOPMENTS 140

11.8.5 SWOT ANALYSIS 141

11.8.6 KEY STRATEGIES 141

11.9 MANE SA 142

11.9.1 COMPANY OVERVIEW 142

11.9.2 FINANCIAL ANALYSIS 142

11.9.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 142

11.9.4 KEY DEVELOPMENTS 142

11.9.5 SWOT ANALYSIS 143

11.9.6 KEY STRATEGIES 143

11.10 HUABAO INTERNATIONAL HOLDINGS LIMITED 144

11.10.1 COMPANY OVERVIEW 144

11.10.2 FINANCIAL OVERVIEW 145

11.10.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 145

11.10.4 KEY DEVELOPMENTS 146

11.10.5 SWOT ANALYSIS 146

11.10.6 KEY STRATEGIES 146

12 REFERENCES 147

LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 28

TABLE 2 LIST OF ASSUMPTIONS 32

TABLE 3 GLOBAL DEFINITIONS OF NATURAL FLAVORS 36

TABLE 4 PRICING TREND, 2023-2030 (HISTORIC & FORECAST) 44

TABLE 5 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2023 TO 2030 (USD MILLION) 53

TABLE 6 SYNTHETIC MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 53

TABLE 7 NATURAL MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 54

TABLE 8 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 56

TABLE 9 CHOCOLATE MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 56

TABLE 10 VANILLA MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 57

TABLE 11 FRUIT & NUT MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 57

TABLE 12 SPICES MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 58

TABLE 13 OTHERS MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 58

TABLE 14 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST, BY APPLICATION, 2023 TO 2030 (USD MILLION) 60

TABLE 15 BEVERAGES MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 60

TABLE 16 HYDRAULICS MARKET ESTIMATES & FORECAST, BY REGION, 2023 TO 2030 (USD MILLION) 61

TABLE 17 GLOBAL FOOD FLAVORS MARKET, BY REGION, 2023 TO 2030 (USD MILLION) 63

TABLE 18 NORTH AMERICA FOOD FLAVORS MARKET, BY COUNTRY, 2023 TO 2030 (USD MILLION) 64

TABLE 19 NORTH AMERICA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 65

TABLE 20 NORTH AMERICA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 65

TABLE 21 NORTH AMERICA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 65

TABLE 22 US FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 66

TABLE 23 US FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 66

TABLE 24 US FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 66

TABLE 25 US FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 67

TABLE 26 US FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 67

TABLE 27 US FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 67

TABLE 28 US FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 67

TABLE 29 US FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 68

TABLE 30 CANADA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 68

TABLE 31 CANADA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 68

TABLE 32 CANADA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 69

TABLE 33 CANADA FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 69

TABLE 34 CANADA FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 69

TABLE 35 CANADA FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 69

TABLE 36 CANADA FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 70

TABLE 37 CANADA FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 70

TABLE 38 MEXICO FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 70

TABLE 39 MEXICO FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 70

TABLE 40 MEXICO FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 71

TABLE 41 MEXICO FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 71

TABLE 42 MEXICO FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 71

TABLE 43 MEXICO FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 71

TABLE 44 MEXICO FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 72

TABLE 45 MEXICO FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 72

TABLE 46 EUROPE FOOD FLAVORS MARKET, BY COUNTRY, 2023 TO 2030 (USD MILLION) 73

TABLE 47 EUROPE FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 74

TABLE 48 EUROPE FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 74

TABLE 49 EUROPE FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 74

TABLE 50 UK FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 75

TABLE 51 UK FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 75

TABLE 52 UK FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 75

TABLE 53 UK FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 76

TABLE 54 UK FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 76

TABLE 55 UK FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 76

TABLE 56 UK FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 76

TABLE 57 UK FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 77

TABLE 58 GERMANY FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 77

TABLE 59 GERMANY FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 77

TABLE 60 GERMANY FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 78

TABLE 61 GERMANY FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 78

TABLE 62 GERMANY FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 78

TABLE 63 GERMANY FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 78

TABLE 64 GERMANY FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 79

TABLE 65 GERMANY FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 79

TABLE 66 FRANCE FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 79

TABLE 67 FRANCE FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 79

TABLE 68 FRANCE FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 80

TABLE 69 FRANCE FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 80

TABLE 70 FRANCE FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 80

TABLE 71 FRANCE FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 80

TABLE 72 FRANCE FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 81

TABLE 73 FRANCE FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 81

TABLE 74 ITALY FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 81

TABLE 75 ITALY FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 81

TABLE 76 ITALY FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 82

TABLE 77 ITALY FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 82

TABLE 78 ITALY FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 82

TABLE 79 ITALY FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 82

TABLE 80 ITALY FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 83

TABLE 81 ITALY FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 83

TABLE 82 SPAIN FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 83

TABLE 83 SPAIN FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 83

TABLE 84 SPAIN FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 84

TABLE 85 SPAIN FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 84

TABLE 86 SPAIN FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 84

TABLE 87 SPAIN FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 84

TABLE 88 SPAIN FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 85

TABLE 89 SPAIN FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 85

TABLE 90 REST OF EUROPE FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 85

TABLE 91 REST OF EUROPE FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 85

TABLE 92 REST OF EUROPE FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 86

TABLE 93 REST OF EUROPE FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 86

TABLE 94 REST OF EUROPE FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 86

TABLE 95 REST OF EUROPE FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 86

TABLE 96 REST OF EUROPE FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 87

TABLE 97 REST OF EUROPE FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 87

TABLE 98 ASIA-PACIFIC FOOD FLAVORS MARKET, BY COUNTRY, 2023 TO 2030 (USD MILLION) 88

TABLE 99 ASIA-PACIFIC FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 89

TABLE 100 ASIA-PACIFIC FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 89

TABLE 101 ASIA-PACIFIC FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 89

TABLE 102 CHINA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 90

TABLE 103 CHINA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 90

TABLE 104 CHINA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 90

TABLE 105 CHINA FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 91

TABLE 106 CHINA FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 91

TABLE 107 CHINA FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 91

TABLE 108 CHINA FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 91

TABLE 109 CHINA FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 92

TABLE 110 INDIA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 92

TABLE 111 INDIA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 92

TABLE 112 INDIA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 93

TABLE 113 INDIA FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 93

TABLE 114 INDIA FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 93

TABLE 115 INDIA FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 93

TABLE 116 INDIA FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 94

TABLE 117 INDIA FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 94

TABLE 118 JAPAN FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 94

TABLE 119 JAPAN FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 94

TABLE 120 JAPAN FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 95

TABLE 121 JAPAN FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 95

TABLE 122 JAPAN FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 95

TABLE 123 JAPAN FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 95

TABLE 124 JAPAN FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 96

TABLE 125 JAPAN FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 96

TABLE 126 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 96

TABLE 127 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 96

TABLE 128 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 97

TABLE 129 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 97

TABLE 130 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 97

TABLE 131 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 97

TABLE 132 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 98

TABLE 133 AUSTRALIA & NEW ZEALAND FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 98

TABLE 134 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 98

TABLE 135 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 98

TABLE 136 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 99

TABLE 137 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 99

TABLE 138 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 99

TABLE 139 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 99

TABLE 140 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 100

TABLE 141 REST OF ASIA-PACIFIC FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 100

TABLE 142 REST OF WORLD FOOD FLAVORS MARKET, BY COUNTRY, 2023 TO 2030 (USD MILLION) 101

TABLE 143 REST OF WORLD FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 102

TABLE 144 REST OF WORLD FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 102

TABLE 145 REST OF WORLD FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 102

TABLE 146 SOUTH AMERICA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 103

TABLE 147 SOUTH AMERICA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 103

TABLE 148 SOUTH AMERICA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 103

TABLE 149 SOUTH AMERICA FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 104

TABLE 150 SOUTH AMERICA FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 104

TABLE 151 SOUTH AMERICA FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 104

TABLE 152 SOUTH AMERICA FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 104

TABLE 153 SOUTH AMERICA FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 105

TABLE 154 MIDDLE EAST FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 105

TABLE 155 MIDDLE EAST FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 105

TABLE 156 MIDDLE EAST FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 106

TABLE 157 MIDDLE EAST FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 106

TABLE 158 MIDDLE EAST FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 106

TABLE 159 MIDDLE EAST FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 106

TABLE 160 MIDDLE EAST FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 107

TABLE 161 MIDDLE EAST FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 107

TABLE 162 AFRICA FOOD FLAVORS MARKET, BY CATEGORY, 2023 TO 2030 (USD MILLION) 107

TABLE 163 AFRICA FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023 TO 2030 (USD MILLION) 107

TABLE 164 AFRICA FOOD FLAVORS MARKET, BY APPLICATION, 2023 TO 2030 (USD MILLION) 108

TABLE 165 AFRICA FOOD FLAVORS MARKET, BY CHOCOLATE, 2023 TO 2030 (USD MILLION) 108

TABLE 166 AFRICA FOOD FLAVORS MARKET, BY VANILLA, 2023 TO 2030 (USD MILLION) 108

TABLE 167 AFRICA FOOD FLAVORS MARKET, BY FRUIT & NUT, 2023 TO 2030 (USD MILLION) 108

TABLE 168 AFRICA FOOD FLAVORS MARKET, BY SPICES, 2023 TO 2030 (USD MILLION) 109

TABLE 169 AFRICA FOOD FLAVORS MARKET, BY OTHERS, 2023 TO 2030 (USD MILLION) 109

TABLE 170 ACQUISITION 112

TABLE 171 MERGER 112

TABLE 172 AGREEMENT 113

TABLE 173 EXPANSION 113

TABLE 174 GIVAUDAN SA: PRODUCTS/SERVICES/SOLUTIONS OFFERED 116

TABLE 175 GIVAUDAN SA: KEY DEVELOPMENTS 116

TABLE 176 INTERNATIONAL FLAVORS & FRAGRANCES INC. : PRODUCTS/SERVICES/SOLUTIONS OFFERED 119

TABLE 177 INTERNATIONAL FLAVORS & FRAGRANCES INC. : KEY DEVELOPMENTS 120

TABLE 178 FIRMENICH SA : PRODUCTS/SERVICES/SOLUTIONS OFFERED 122

TABLE 179 SYMRISE AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED 125

TABLE 180 SYMRISE AG: KEY DEVELOPMENTS 127

TABLE 181 TAKASAGO INTERNATIONAL CORPORATION : PRODUCTS/SERVICES/SOLUTIONS OFFERED 130

TABLE 182 TAKASAGO INTERNATIONAL CORPORATION : KEY DEVELOPMENTS 130

TABLE 183 SENSIENT TECHNOLOGIES CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED 133

TABLE 184 SENSIENT TECHNOLOGIES CORPORATION: KEY DEVELOPMENTS 133

TABLE 185 T. HASEGAWA CO., LTD : PRODUCTS/SERVICES/SOLUTIONS OFFERED 136

TABLE 186 T. HASEGAWA CO., LTD : KEY DEVELOPMENTS 137

TABLE 187 KERRY GROUP PLC : PRODUCTS/SERVICES/SOLUTIONS OFFERED 140

TABLE 188 MANE SA : PRODUCTS/SERVICES/SOLUTIONS OFFERED 142

TABLE 189 HUABAO INTERNATIONAL HOLDINGS LIMITED : PRODUCTS/SERVICES/SOLUTIONS OFFERED 145

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 19

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL FOOD FLAVORS MARKET, 2021 20

FIGURE 3 GLOBAL FOOD FLAVORS MARKET ANALYSIS, BY CATEGORY,2021 21

FIGURE 4 GLOBAL FOOD FLAVORS MARKET ANALYSIS, BY FLAVOR TYPE,2021 22

FIGURE 5 GLOBAL FOOD FLAVORS MARKET ANALYSIS, BY APPLICATION,2021 23

FIGURE 6 GLOBAL FOOD FLAVORS MARKET ANALYSIS, BY REGION, 2021 24

FIGURE 7 GLOBAL FOOD FLAVORS MARKET: STRUCTURE 26

FIGURE 8 KEY BUYING CRITERIA FOR FOOD FLAVORS 26

FIGURE 9 RESEARCH PROCESS 27

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 30

FIGURE 11 MARKET DYNAMICS OVERVIEW 33

FIGURE 12 DRIVERS IMPACT ANALYSIS: GLOBAL FOOD FLAVORS MARKET 35

FIGURE 13 RESTRAINT IMPACT ANALYSIS: GLOBAL FOOD FLAVORS MARKET 37

FIGURE 14 GLOBAL FOOD FLAVORS MARKET: VALUE CHAIN 39

FIGURE 15 GLOBAL FOOD FLAVORS MARKET: SUPPLY CHAIN 41

FIGURE 16 PORTER'S FIVE FORCES ANALYSIS OF THE GLOBAL FOOD FLAVORS MARKET 42

FIGURE 17 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL FOOD FLAVORS MARKET 50

FIGURE 18 GLOBAL FOOD FLAVORS MARKET: IMBALANCE OF SUPPLY/DEMAND 51

FIGURE 19 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY, 2021 (% SHARE) 52

FIGURE 20 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY, 2023–2030 (USD MILLION) 52

FIGURE 21 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2021 (% SHARE) 55

FIGURE 22 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE, 2023–2030 (USD MILLION) 55

FIGURE 23 GLOBAL FOOD FLAVORS MARKET, BY APPLICATION, 2021 (% SHARE) 59

FIGURE 24 GLOBAL FOOD FLAVORS MARKET, BY TYPE, 2023–2030 (USD MILLION) 59

FIGURE 25 GLOBAL FOOD FLAVORS MARKET, BY REGION, 2021 (% SHARE) 62

FIGURE 26 GLOBAL FOOD FLAVORS MARKET, BY REGION, 2023–2030 (USD MILLION) 63

FIGURE 27 NORTH AMERICA: FOOD FLAVORS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 64

FIGURE 28 EUROPE: FOOD FLAVORS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 73

FIGURE 29 ASIA-PACIFIC: FOOD FLAVORS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 88

FIGURE 30 REST OF WORLD: FOOD FLAVORS MARKET SHARE, BY COUNTRY, 2021 (% SHARE) 101

FIGURE 31 GIVAUDAN SA: FINANCIAL OVERVIEW SNAPSHOT 115

FIGURE 32 GIVAUDAN SA: SWOT ANALYSIS 117

FIGURE 33 INTERNATIONAL FLAVORS & FRAGRANCES INC. : FINANCIAL OVERVIEW SNAPSHOT 119

FIGURE 34 INTERNATIONAL FLAVORS & FRAGRANCES INC. : SWOT ANALYSIS 120

FIGURE 35 FIRMENICH SA : FINANCIAL OVERVIEW SNAPSHOT 122

FIGURE 36 FIRMENICH SA: SWOT ANALYSIS 123

FIGURE 37 SYMRISE AG: FINANCIAL OVERVIEW SNAPSHOT 125

FIGURE 38 SYMRISE AG: SWOT ANALYSIS 127

FIGURE 39 TAKASAGO INTERNATIONAL CORPORATION : FINANCIAL OVERVIEW SNAPSHOT 129

FIGURE 40 SENSIENT TECHNOLOGIES CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 132

FIGURE 41 SENSIENT TECHNOLOGIES CORPORATION: SWOT ANALYSIS 134

FIGURE 42 T. HASEGAWA CO., LTD : FINANCIAL OVERVIEW SNAPSHOT 136

FIGURE 43 T. HASEGAWA CO., LTD: SWOT ANALYSIS 137

FIGURE 44 KERRY GROUP PLC : FINANCIAL OVERVIEW SNAPSHOT 139

FIGURE 45 KERRY GROUP PLC: SWOT ANALYSIS 141

FIGURE 46 MANE SA: SWOT ANALYSIS 143

FIGURE 47 HUABAO INTERNATIONAL HOLDINGS LIMITED : FINANCIAL OVERVIEW SNAPSHOT 145

FIGURE 48 HUABAO INTERNATIONAL HOLDINGS LIMITED : SWOT ANALYSIS 146

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