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Food Flavor Market - Growth, Trends and Forecast (2020 - 2025)

  • ID: 4703888
  • Report
  • April 2020
  • Region: Global
  • 120 pages
  • Mordor Intelligence


  • Corbion NV
  • Firmenich SA
  • Givaudan
  • Kerry Group PLC
  • Koninklijke DSM NV
Global food flavor market is projected to grow at a CAGR of 4.8% during the forecast period.

The increasing demand for natural ingredients in food products is the primary factor driving the market. Globally, consumers are becoming more concerned about the long-term health effects of artificial ingredients and additives in food products.

Other major drivers in the market are increasing demand for processed foods and beverages (with growing disposable incomes), rising demand in various food applications, and the growing popularity of exotic flavours. The increasing product launches related to exotic and unique flavours are further driving the demand for compounded flavours.

However, the high cost involved in the production of natural flavours is the major restraining factor for the market. Additionally, natural flavours are less stable, thereby decreasing the shelf life of products.

Key Market Trends

Rising Demand for Natural Ingredients

A significant number of consumers have gained interest toward purchasing clean label goods, which offer a wide scope for naturally sourced ingredients, hence propelling the demand for natural food flavors. In order to address the growing demand for natural flavors, manufacturers are offering products free from artificial flavorings and gradually shifting toward natural ingredients. Continuing interest in foods with exotic or ethnic flavors is one of the key factors driving the demand for natural flavor blends. In recent years, artificial flavorings, such as benzophenone, ethyl acrylate, pyridine, and styrene, are identified as carcinogens, and thus, are being replaced by natural flavorings across the global market.

Europe Holds the Major Share in Food Flavor Market

The United Kingdom continues to dominate the natural food flavors market as there is a continuous demand for organic products in the country. For instance, the sales of organic foods and drinks in the United Kingdom increased with significant rate from last few years. One in every three products that are launched in the United Kingdom contains natural food ingredients, including natural flavors. In France, the food and beverage industry has witnessed a reduction in synthetic food flavors due to the increasing application of natural flavors in beverages and the bakery and confectionery industry. In China, the food flavors witnessed significant growth rates in the last decade, owing to the increased demand and the growing food and beverage industry. With the growing acceptance of frozen and processed food, the flavor manufacturers have many opportunities to extend their brands and strengthen connections with the Brazilian consumers.

Competitive Landscape

The food flavor market is consolidated. Kerry Group, Cargill Inc., and BASF are few key players present in the market. Major companies are adopting strategies, such as introducing clean label and organic flavor ranges, and acquiring and partnering with local players to increase market penetration in the untapped markets. For instance, in 2017, Firmenich has officially launched its Protein Shield Flavors, a new line of natural flavor solutions aimed to help developers address the challenges they face when creating beverage products with high protein content. Some of the other prominent players present in the food flavor market include Givaudan, Firmenich, Symrise Ag, Takasago, and Sensient.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Note: Product cover images may vary from those shown


  • Corbion NV
  • Firmenich SA
  • Givaudan
  • Kerry Group PLC
  • Koninklijke DSM NV
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study



4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry

5.1 By Type
5.1.1 Natural Flavor
5.1.2 Synthetic Flavor
5.1.3 Nature Identical Flavoring
5.2 By Application
5.2.1 Dairy
5.2.2 Bakery
5.2.3 Confectionery
5.2.4 Snack
5.2.5 Beverage
5.2.6 Other Applications
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe Spain United Kingdom Germany France Italy Russia Rest of Europe
5.3.3 Asia-Pacific China Japan India Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East & Africa South Africa Saudi Arabia Rest of Middle East & Africa

6.1 Market Share Analysis
6.2 Most Adopted Strategies
6.3 Most Active Companies
6.4 Company Profiles
6.4.1 Koninklijke DSM NV
6.4.2 Kerry Group PLC
6.4.3 BASF SE
6.4.4 Archer Daniels Midland (ADM)
6.4.5 Givaudan
6.4.6 Firmenich SA
6.4.7 Corbion NV
6.4.8 Sensient Technologies
6.4.9 Symrise AG

Note: Product cover images may vary from those shown
  • Koninklijke DSM NV
  • Kerry Group PLC
  • Archer Daniels Midland (ADM)
  • Givaudan
  • Firmenich SA
  • Corbion NV
  • Sensient Technologies
  • Symrise AG
Note: Product cover images may vary from those shown