Food Flavor and Enhancer Market
Global Food Flavor and Enhancer Market Size, Share & Trends Analysis Report by Type ((Flavor (Natural Flavor and Synthetic Flavor), Flavor Enhancer (Acidulants, Glutamates, Hydrolyzed Vegetable Proteins, Yeast Extracts, and Others)), and by Application (Bakery & Confectionery, Processed & Convenience Food, Dairy Products, Beverages, and Others), and Forecast 2020-2026 Update Available - Forecast 2024-2030
The global food flavor and enhancer market are projected to grow at a significant CAGR during the forecast period. The primary factors that enhance the growth of the market include the rapidly changing lifestyles and the increased trends of new exotic and natural ethnic flavors. Flavors and enhancer usually possess no such nutritional properties in the food item, rather, are used to improve the taste and aroma of food. When ingested with food, flavoring substances stimulate the olfactory and gustatory nerves, which in turn, intensify salivation and secretion of gastric and pancreatic juices. Flavoring substances directly stimulate the mucous membrane of the digestive tract thereby, increasing the flow of digestive juices, which improve the appetite as well as the digestion and assimilation of food.
Further, the shift of the consumers towards the healthy food ingredients along with the increased preference for premium-quality products such as seasonings and sauces are also driving the growth of the market during the forecast period. However, the side effects associated with the chemicals used in the flavors and enhancers such as nerve damage, Alzheimer’s diseases, Parkinson’s disease among others present challenges for the growth of the market.
Segmental Outlook
The global food flavor and enhancer market are segmented on the basis of type and application. Based on the type, the market is bifurcated into flavor and enhancer. The flavor is further segmented into natural flavor and synthetic flavor. Whereas,the enhancer is sub-segmented into acidulants, glutamates, hydrolyzed vegetable proteins, yeast extracts, and others. Based on the application, the market is segmented into bakery & confectionery, processed & convenience food, dairy products, beverages, and others.
Natural Flavor Segment is Likely to Hold the Significant Market Share
Amongst the type segment of the market, the flavors segment holds a significant market share. The flavor is further sub-segmented into natural flavor and synthetic flavor. Natural flavors are mostly preferred by the peoples attributing to the several benefits offered over artificial flavoring. Natural flavoring substances means flavoring substances obtained from plant or animal raw materials, by physical, microbiological or enzymatic processes. These are either used in their natural state or processed for human consumption and does not contain any nature-identical or artificial flavoring substances. Thus, this is likely to fuel the segmental growth of the market.
Regional Outlook
The global food flavor and enhancer market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to hold a significant share in the market. The growth of the region is attributed to the increased consumer awareness towards the natural flavoring ingredients owing to the rising health hazards that occur in the consumption of artificial flavors. Additionally, the consumer's perception regarding the benefits of natural additives has generated interest in the use of food flavor enhancers. Thus, this has encouraged the consumers towards the natural food flavors and enhancers and thereby drive the regional growth.
Global Food Flavor and Enhancer Market by Region, 2019 (%)
Market Players Outlook
Some of the prominent players operating in the global food flavor and enhancer market include Archer Daniels Midland Co., DSM Koninklijke N.V., Firmenich SA, Givaudan, International Flavors & Fragrances Inc., Kerry Group Plc, Cargill Inc., and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global food flavor and enhancer market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food flavor and enhancer market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Givaudan
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Koninklijke DSM N.V.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Archer Daniels Midland Co.
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Firmenich SA
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. International Flavors & Fragrances Inc.
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Food Flavor and Enhancer Market by Type
5.1.1. Flavor
5.1.1.1. Natural Flavor
5.1.1.2. Synthetic Flavor
5.1.2. Flavor Enhancer
5.1.2.1. Acidulants
5.1.2.2. Glutamates
5.1.2.3. Hydrolyzed Vegetable Proteins
5.1.2.4. Yeast Extracts
5.1.2.5. Others (Nucleotide)
5.2. Global Food Flavor and Enhancer Market by Application
5.2.1. Bakery &Confectionery
5.2.2. Processed & Convenience Food
5.2.3. Dairy Products
5.2.4. Beverages
5.2.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Archer Daniels Midland Co.
7.2. Associated British Foods Plc
7.3. BASF Nutrition (BASF SE)
7.4. Cargill Inc.
7.5. Corbion N.V.
7.6. DSM Koninklijke N.V.
7.7. European Flavours & Fragrances PLC
7.8. Firmenich SA
7.9. Givaudan
7.10. Huabao International Holdings Ltd.
7.11. International Flavors & Fragrances Inc.
7.12. Kerry Group Plc
7.13. Robertet Group
7.14. Symrise AG
7.15. Synergy Flavors
7.16. Takasago International Corp.
7.17. Tate & Lyle Plc
7.18. T. Hasegawa Co., Ltd.
7.19. The Mane Group
1. GLOBAL FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL FLAVOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL NATURAL FLAVOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL SYNTHETIC FLAVOR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL FLAVOR ENHANCER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL ACIDULANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL GLUTAMATES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL HYDROLYZED VEGETABLE PROTEINS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL YEAST EXTRACTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL OTHER FLAVOR ENHANCERS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
12. GLOBAL FOOD FLAVOR AND ENHANCER FOR BAKERY & CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL FOOD FLAVOR AND ENHANCER FOR PROCESSED & CONVENIENCE FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL FOOD FLAVOR AND ENHANCER FOR DAIRY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL FOOD FLAVOR AND ENHANCER FOR BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL FOOD FLAVOR AND ENHANCER FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
17. GLOBAL FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
18. NORTH AMERICAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. NORTH AMERICAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
20. NORTH AMERICAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
21. EUROPEAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
22. EUROPEAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
23. EUROPEAN FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
27. REST OF THE WORLD FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
28. REST OF THE WORLD FOOD FLAVOR AND ENHANCER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
1. GLOBAL FOOD FLAVOR AND ENHANCER MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. GLOBAL FOOD FLAVOR AND ENHANCER MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. GLOBAL FOOD FLAVOR AND ENHANCER MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
4. US FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
5. CANADA FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
6. UK FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
7. FRANCE FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
8. GERMANY FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
9. ITALY FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
10. SPAIN FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
11. ROE FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
12. INDIA FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
14. JAPAN FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
15. REST OF ASIA-PACIFIC FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF THE WORLD FOOD FLAVOR AND ENHANCER MARKET SIZE, 2019-2026 ($ MILLION)
