What is a Natural Flavor?
A natural flavor is the essential oil, oleoresin, protein hydrolysate, distillate, extractive, essence or any product of roasting, heating or enzymolysis which consists of flavoring elements from a spice, fruit, vegetable, herb, bark, bud, root , leaf, meat, sea food, eggs, poultry, dairy products whose function is to flavor the food rather than adding nutrition to it. Natural flavors are made by flavorists in a laboratory by blending naturally obtained extractives to make flavorings.
What are the applications of Natural Flavors?
Natural flavors have always been the craving factor behind many of our favorite recipes. Many people use natural flavors because of taste it brings out of the food along with health benefits. There are no cases of undesirable elements as they are already natural.
They also possess adequate nutrients in them which help healthy life adding them to your body through food. At the same time they also make the food more appealing and replaces something that is lost through the process of cooking, storage or from pasteurizing. Natural flavors also act as signatures to famous recipes making it uniformly delicious globally.
Market Research and Market Trends of Natural Flavors Market
Leaping up demand for healthy food and problems associated with the consumption of synthetic flavors have given rise to the adoption of natural flavors. Furthermore changing consumer wants and lifestyle, growing purchasing power of consumers are favoring the demand for natural flavors in their food. Thus, natural flavors are expected to cross the market share of artificial flavors market.
Also evolving technological innovations in food & beverages manufacturing industry, introduction of healthy functional food and rising demand for authentic flavors is making this market globally recognizable and will continue to influence this market in the future too.
Who are the key players in the market?
Some of the prominent players identified in the natural flavors market include Givaudan SA, Firmenich SA, Takasago International Corporation, Sensient Technologies Corporation, Kerry Group PLC, Frutarom Industries Ltd., Dohler Group, W, ild Flavors GmbH, International Flavors & Fragrances Inc. and Symrise AG.. Companies focusing on growth strategies such as consolidation activities and entering in long-term contract with the other players.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2018-2023.
Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.2. Natural flavoring substances
8.3.3. Nature-Identical Flavoring substances
9.5. Herbs & Spices
9.8. Savory Taste
9.9. Umami Taste
10.2. Essential Oils
10.5. Aroma Chemicals
10.8. Protein Hydrolysate
11.4. Pastes and Emulsions
12.2.1. Alcoholic Beverages
22.214.171.124. Spirits & Liqueurs
12.2.2. Non-Alcoholic Beverages
126.96.36.199. Energy Drinks
188.8.131.52. Carbonated Soft Drinks
184.108.40.206. Sport Drinks
220.127.116.11. Cereal and Malt Beverages
12.4. Snacks, Soups and Sauces
12.5.3. Chewing Gums
12.6. Dairy and Frozen Products
12.6.2. Ice Cream
12.6.3. Diary Drinks
12.7. Pharmaceuticals & Dietary Supplements
12.8. Animal and Pet foods
13.2. North America Market Research (Million / $Billion)
13.2.1. Segment type Size and Market Size Analysis
13.2.2. Revenue and Trends
13.2.3. Application Revenue and Trends by type of Application
13.2.4. Company Revenue and Product Analysis
13.2.5. North America Product type and Application Market Size
18.104.22.168. Rest of North America
13.3. Natural Flavors - South America Segment Research
13.4. South America Market Research (Market Size -$Million / $Billion)
13.4.1. Segment type Size and Market Size Analysis
13.4.2. Revenue and Trends
13.4.3. Application Revenue and Trends by type of Application
13.4.4. Company Revenue and Product Analysis
13.4.5. South America Product type and Application Market Size
22.214.171.124. Costa Rica
126.96.36.199. Rest of South America
13.5. Natural Flavors - Europe Segment Research
13.6. Europe Market Research (Market Size -$Million / $Billion)
13.6.1. Segment type Size and Market Size Analysis
13.6.2. Revenue and Trends
13.6.3. Application Revenue and Trends by type of Application
13.6.4. Company Revenue and Product Analysis
13.6.5. Europe Segment Product type and Application Market Size
188.8.131.52. Rest of Europe
13.7. Natural Flavors – APAC Segment Research
13.8. APAC Market Research (Market Size -$Million / $Billion)
13.8.1. Segment type Size and Market Size Analysis
13.8.2. Revenue and Trends
13.8.3. Application Revenue and Trends by type of Application
13.8.4. Company Revenue and Product Analysis
13.8.5. APAC Segment – Product type and Application Market Size
184.108.40.206. South Korea
14.2. M&A's, collaborations, JVs and partnerships
15.1.1. Market Share by Country- Top companies
15.1.2. Market Share by Region- Top 10 companies
15.1.3. Market Share by type of Application – Top 10 companies
15.1.4. Market Share by type of Product / Product category- Top 10 companies
15.1.5. Market Share at global level- Top 10 companies
15.1.6. Best Practices for companies
17.2. Firmenich SA
17.3. Takasago International Corporation
17.4. Sensient Technologies Corporation
17.5. Kerry Group PLC
17.6. Frutarom Industries Ltd.
17.7. Dohler Group
17.8. International Flavors & Fragrances Inc.
17.9. Symrise AG
19.1.1. Company Expert Interviews
19.1.2. Industry Databases
19.1.4. Company News
19.1.5. Company Annual Reports
19.1.6. Application Trends
19.1.7. New Products and Product database
19.1.8. Company Transcripts
19.1.9. R&D Trends
19.1.10. Key Opinion Leaders Interviews
19.1.11. Supply and Demand Trends