Global Natural Flavoring Agent Market Research Report: Forecast (2022-27)

By Application (Beverages (Alcoholic Beverages (Beer, Wine, Cider, Spirits & Liqueurs, Others), Non-Alcoholic Beverages (Water, Energy Drinks, Carbonated Soft Drinks, Sports Drinks......, Cereal and Malt Beverages, Others), Bakery (Pastries, Cakes, Biscuits, Others), Snacks, Soups & Sauces, Confectionery Sweets (Chocolates, Chewing Gums, Others), Dairy and Frozen Products (Yogurt, Ice Cream, Diary Drinks, Others), Pharmaceuticals & Dietary Supplements (Animal and Pet foods, Others), By Form (Liquid, Powder, Paste & Emulsion), By Source (Plants (Fruits, Vegetables, Herbs & Spices, Nuts), Animals, Dairy, Meat (Beef, Chicken, Fish, Egg ), By Region (North America, South America, Europe, Middle East & Africa, Asia Pacific), By Company (Dohler, Samjung Flavor, Royal DSM N.V., Keva Flavors, Givaudan SA, Firmenich SA, International Flavors & Fragnances, Inc., Symrise AG, Archer-Daniels-Midland Company, Sensient Technologies Corporation, Mane SA, Robertet Group, Kerry Group, T.Hasegawa Co.Ltd, Ingredion Incorporated, and Nikken Foods Company, Ltd.) Read more

  • Food & Beverages
  • Mar 2022
  • 243
  • PDF, Excel, PPT

Market Definition

Natural flavoring agents are natural oils & chemicals that add flavors to food products without distorting their chemical composition. They are derived from plant leaves, barks, dairy items, fruits & vegetables, etc. Consumers have become more conscious of their diet and health, which has subsequently increased the demand for natural ingredients in food & beverages. Additionally, the growing consumption of beverages has also attracted several manufacturers to develop a wide range of natural flavors & maintain their leading position in the market.

Market Insights

The Global Natural Flavoring Agents Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2022-27. The growth of the global market is likely to be driven primarily by the increasing prevalence of diseases and the mounting demand for organic products. Although natural flavors don’t offer health benefits, consumers tend to buy the foods labeled as “natural.” The rise in the number of diseases such as cardiovascular, respiratory, etc., is triggering consumers to purchase health-beneficial products with natural ingredients.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 6.9%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, The UK, France, Italy
Asia-Pacific: China, India, Japan, South Korea, Australia and Others
South America: Brazil
Middle East & Africa: UAE, South Africa
Key Companies Profiled Dohler, Samjung Flavor, Royal DSM N.V., Keva Flavors, Givaudan SA, Firmenich SA, International Flavors & Fragnances, Inc., Symrise AG, Archer-Daniels-Midland Company, Sensient Technologies Corporation, Mane SA, Robertet Group, Kerry Group, T.Hasegawa Co.Ltd, Ingredion Incorporated, and Nikken Foods Company, Ltd.
Unit Denominations USD Million/Billion

 

According to the World Health Organization (WHO), an estimated 17.9 million people died from Cardiovascular Diseases in 2019, representing 32% of all deaths worldwide. As a result, the global increase in the prevalence of diseases is shifting consumers toward natural foods & healthy diets. Additionally, the demand for natural flavors is expanding in various applications, such as bakery, dairy, confectionery, etc.

Several companies have come up with innovative solutions for ingredient creation as Natural Flavoring Agents are used extensively in beverages, processed foods, confectionery, bakery, & pharmaceutical formulations. For instance:

  • In 2021, Ingredion Inc. introduced Purecircle™ NSF-13, a natural flavor solution, to deliver sweet taste in various applications, such as beverages, bakery, etc.
  • In 2020, Firmenich planned to open its new biotechnology and natural pilot plant & laboratory in Geneva, Switzerland, to develop ingredients & clean label solutions.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Market Segmentation
    4. Assumptions
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Natural Flavoring Agents Market
  5. Global Natural Flavoring Agents Market Trends & Insights
  6. Global Natural Flavoring Agents Market Dynamics
    1. Drivers
    2. Challenges
  7. Global Natural Flavoring Agents Market Regulations & Policies
  8. Global Natural Flavoring Agents Market Supply Chain Analysis
  9. Global Natural Flavoring Agents Market Hotspots & Opportunities
  10. Global Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
        1. Beverages
          1.  Alcoholic Beverages
            1. Beer
            2. Wine
            3. Cider
            4. Spirits & Liqueurs
            5. Others
          2. Non-Alcoholic Beverages
            1. Water
            2. Energy Drinks
            3. Carbonated Soft Drinks
            4. Sport Drinks
            5. Cereal and Malt Beverages
            6. Others
        2. Bakery
          1. Pastries
          2.  Cakes
          3.  Biscuits
          4. Others
        3. Snacks, Soups & Sauces
        4. Confectionery
          1. Sweets
          2. Chocolates
          3. Chewing Gums
          4.  Others
        5. Dairy and Frozen Products
          1. Yogurt
          2. Ice Cream
          3. Diary Drinks
          4. Others
        6. Pharmaceuticals & Dietary Supplements
        7. Animal and Pet foods
        8. Others
      2. By Form
        1. Liquid
        2. Powder
        3. Paste & Emulsion
      3. By Source
        1. Plants
          1. Fruits
          2. Vegetables
          3. Herbs & Spices
          4. Nuts
        2. Animals
          1. Dairy
          2. Meat
            1. Beef
            2. Chicken
            3. Fish
            4. Egg
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia Pacific
      5. By Company
        1. Competition Characteristics
        2. Market Share of Leading Companies, By Revenues
  11. North America Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Form
      3. By Source
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    4. Canada Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    5. Mexico Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
  12. South America Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Form
      3. By Source
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
  13. Europe Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Form
      3. By Source
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Italy
        5. Rest of Europe
    3. Germany Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    4. The UK Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    5. France Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    6. Italy Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
  14. Middle East & Africa Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Form
      3. By Source
      4. By Country
        1. UAE
        2. South Africa
        3. Rest of Middle East & Africa
    3. UAE Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    4. South Africa Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
  15. Asia Pacific Natural Flavoring Agents Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Application
      2. By Form
      3. By Source
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Australia
        6. Rest of Asia Pacific
    3. China Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    4. Japan Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    5. India Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    6. South Korea Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
    7. Australia Natural Flavoring Agents Market Outlook, 2017-2027F
      1. Market Size & Analysis
        1. By Revenues (USD Billion)
      2. Market Share & Analysis
        1. By Application
        2. By Form
  16. Global Natural Flavoring Agents Market Key Strategic Imperatives for Growth & Success
  17. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
  18. Company Profiles
    1. Dohler 
    2. Samjung Flavor              
    3. Royal DSM N.V.
    4. Keva  Flavors   
    5. Givaudan SA     
    6. Firmenich SA   
    7. International Flavors & Fragnances, Inc.           
    8. Symrise AG       
    9. Archer-Daniels-Midland Company        
    10. Sensient Technologies Corporation    
    11. Mane SA          
    12. Robertet Group           
    13. Kerry Group  
    14. T.Hasegawa Co.Ltd     
    15. Ingredion Incorporated           
    16. Nikken Foods Company, Ltd. 
  19. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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