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Europe Flavor Masking Agents Market Forecast to 2030 - Regional Analysis - by Type and Application

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    Report

  • 102 Pages
  • April 2024
  • Region: Europe
  • The Insight Partners
  • ID: 5416146
UP TO OFF until Dec 31st 2024
The Europe flavor masking agents market was valued at US$ 53.44 million in 2022 and is expected to reach US$ 92.46 million by 2030; it is estimated to register a CAGR of 7.1% from 2022 to 2030.

Technological Advancements in Flavor Masking Drive Europe Flavor Masking Agents Market

Flavor masking agents are used in various food and beverages, medicines and drugs, dietary supplements, and animal nutrition products through various techniques and technologies such as microencapsulation, nanotechnology, polymer coating, organoleptic methods, hot melt extrusion, complexation, and spray drying. Nanotechnology aids in enhancing the solubility and stability of flavors, as well as providing controlled release properties. Thus, manufacturers increasingly use nanotechnology to make flavor masking agents.

Moreover, microencapsulation is a relatively new technology in which the flavor content is encapsulated in a solid matrix. The flavor is released when the substance is heated or exposed to water. Spray drying, coacervation, polymerization, and other techniques are used in microencapsulation. In the microencapsulation process, the oil/water mixture is homogenized in the presence of wall material, followed by controlled spray drying. Wall materials include vegetable gums, starches, dextrin, proteins, cellulose esters, and others. Microencapsulation provides controlled flavor release at the right place and desired time. It protects the active ingredients (flavors) from moisture, acid, heat, oxidation, and ingredient interaction. It also provides the ease of handling ingredients as they are dry and free flowing, reducing overall transportation and handling costs. Microencapsulated flavor masking is highly shelf-stable, making it more desirable than other formats. The technology is not just for flavor and odor masking; it can also improve stability, prevent ingredient interaction, and modify the release of ingredients.

Thus, technological advancements in the manufacturing of flavor masking agents bolster the flavor masking agents market growth across the region.

Europe Flavor Masking Agents Market Overview

The flavor masking agents market in Europe is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The market growth in the region is attributed to increasing consumer focus on reducing sugar content in products and upsurging consumer interest in plant-based products. The European market has seen an increasing focus on reducing sugar content in products as a part of public health initiatives to combat obesity and related health issues. In January 2022, the World Health Organization (WHO)/Europe announced the launch of a new, voluntary, Member State-led Sugar and Calories Reduction Network to promote healthier diets and reduce obesity and overweight levels among consumers across the region. This has led to increase in demand for flavor masking agents as it helps manufacturers to modulate sweetness without adding sugar, making them appealing to health-conscious consumers.

Additionally, the increasing interest in healthier and more natural food options in the European region contributes to market growth. European consumers have been embracing organic and plant-based diets, often incorporating ingredients with strong or unfamiliar tastes, such as certain vegetables, grains, and legumes; to make these health-conscious choices more appealing, food manufacturers use flavor masking to mitigate any overpowering or objectionable flavors, ensuring that products maintain wide consumer acceptance while adhering to natural and clean label trends. This demand aligns with the broader European food quality, taste, and an awareness of sensory experience, all contributing to the adoption of flavor masking agents in the region.

Europe Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Th)

Europe Flavor Masking Agents Market Segmentation

The Europe flavor masking agents market is segmented based on type, application, and country.

Based on type, the Europe flavor masking agents market is categorized into sweet, salt, fat, bitter, and others. The bitter segment held the largest Europe flavor masking agents market share in 2022.

By application, the Europe flavor masking agents market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment held the largest Europe flavor masking agents market share in 2022. The food and beverages segment is further subsegmented into bakery and confectionery, dairy and frozen desserts, beverages, meat, poultry, and seafood, meat substitutes, dairy alternatives, RTE and RTC meals, and other food and beverages.

Based on country, the Europe flavor masking agents market is categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe flavor masking agents market in 2022.

Sensient Technologies Corp, Firmenich International SA, Tate & Lyle Plc, Archer-Daniels-Midland Co, Kerry Group Plc, Carmi Flavor & Fragrance Co Inc, Synergy Flavors Inc, Virginia Dare Extract Co Inc, GEO Specialty Chemicals Inc, and Koninklijke DSM NV are some of the leading companies operating in the Europe flavor masking agents market.

Table of Contents

1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Flavor Masking Agents Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industries
4.4 List of Vendors
5. Europe Flavor Masking Agents Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Wide Array of Application
5.1.2 Technological Advancements in Flavor Masking
5.2 Market Restraints
5.2.1 High Manufacturing Expenses Results in High Product Cost
5.3 Market Opportunities
5.3.1 Rising Use of Flavor Masking Agents in Plant-Based Products
5.4 Future Trends
5.4.1 Increasing Demand for Natural Additives
5.5 Impact of Drivers and Restraints:
6. Flavor Masking Agents Market - Europe Market Analysis
6.1 Europe Flavor Masking Agents Market Revenue (US$ Thousand), 2020 - 2030
6.2 Europe Flavor Masking Agents Market Forecast and Analysis
7. Europe Flavor Masking Agents Market Analysis - By Type
7.1 Sweet
7.1.1 Overview
7.1.2 Sweet: Europe Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Thousand)
7.2 Salt
7.2.1 Overview
7.2.2 Salt: Europe Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Thousand)
7.3 Fat
7.3.1 Overview
7.3.2 Fat: Europe Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Thousand)
7.4 Bitter
7.4.1 Overview
7.4.2 Bitter: Europe Flavor Masking Agents Market Revenue and Forecast to 2030 (US$ Thousand)
7.5 Others
7.5.1 Overview
7.5.2 Others: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8. Europe Flavor Masking Agents Market Analysis - by Application
8.1 Food and Beverages
8.1.1 Overview
8.1.2 Food and Beverages: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.2 Bakery and Confectionery
8.2.1 Overview
8.2.2 Bakery and Confectionery: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.3 Dairy and Frozen Desserts
8.3.1 Overview
8.3.2 Dairy and Frozen Desserts: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.4 Beverages
8.4.1 Overview
8.4.2 Beverages: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.5 Meat, Poultry, and Seafood
8.5.1 Overview
8.5.2 Meat, Poultry, and Seafood: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.6 Meat Substitutes
8.6.1 Overview
8.6.2 Meat Substitutes: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.7 Dairy Alternatives
8.7.1 Overview
8.7.2 Dairy Alternatives: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.8 RTE and RTC Meals
8.8.1 Overview
8.8.2 RTE and RTC Meals: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.9 Other Food and Beverages
8.9.1 Overview
8.9.2 Other Food and Beverages: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.10 Pharmaceuticals and Nutraceuticals
8.10.1 Overview
8.10.2 Pharmaceuticals and Nutraceuticals: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
8.11 Others
8.11.1 Overview
8.11.2 Others: Europe Flavor Masking Agents Market Revenue, and Forecast to 2030 (US$ Thousand)
9. Europe Flavor Masking Agents Market - Country Analysis
9.1 Europe
9.1.1 Europe Flavor Masking Agents Market Breakdown by Country
9.1.1.1 Germany Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.1.1 Germany Flavor Masking Agents Market Breakdown by Type
9.1.1.1.2 Germany Flavor Masking Agents Market Breakdown by Application
9.1.1.2 France Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.2.1 France Flavor Masking Agents Market Breakdown by Type
9.1.1.2.2 France Flavor Masking Agents Market Breakdown by Application
9.1.1.3 Italy Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.3.1 Italy Flavor Masking Agents Market Breakdown by Type
9.1.1.3.2 Italy Flavor Masking Agents Market Breakdown by Application
9.1.1.4 UK Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.4.1 UK Flavor Masking Agents Market Breakdown by Type
9.1.1.4.2 UK Flavor Masking Agents Market Breakdown by Application
9.1.1.5 Russia Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.5.1 Russia Flavor Masking Agents Market Breakdown by Type
9.1.1.5.2 Russia Flavor Masking Agents Market Breakdown by Application
9.1.1.6 Rest of Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
9.1.1.6.1 Rest of Europe Flavor Masking Agents Market Breakdown by Type
9.1.1.6.2 Rest of Europe Flavor Masking Agents Market Breakdown by Application
10. Company Profiles
10.1 Sensient Technologies Corp
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Firmenich International SA
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Tate & Lyle Plc
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Archer-Daniels-Midland Co
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Kerry Group Plc
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Carmi Flavor & Fragrance Co Inc
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Synergy Flavors Inc
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Virginia Dare Extract Co Inc
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 GEO Specialty Chemicals Inc
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Koninklijke DSM NV
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
List of Tables
Table 1. Europe Flavor Masking Agents Market Segmentation
Table 2. List of Vendors in the Value Chain
Table 3. Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Table 4. Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - Type
Table 5. Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - Application
Table 6. Germany Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 7. Germany Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
Table 8. France Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 9. France Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
Table 10. Italy Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 11. Italy Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
Table 12. UK Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 13. UK Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
Table 14. Russia Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 15. Russia Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
Table 16. Rest of Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Type
Table 17. Rest of Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand) - By Application
List of Figures
Figure 1. Europe Flavor Masking Agents Market Segmentation, By Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Europe Flavor Masking Agents Market
Figure 4. Europe Flavor Masking Agents Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Europe Flavor Masking Agents Market Revenue (US$ Thousand), 2020 - 2030
Figure 7. Europe Flavor Masking Agents Market Share (%) - Type, 2022 and 2030
Figure 8. Sweet: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 9. Salt: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 10. Fat: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 11. Bitter: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 12. Others: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 13. Europe Flavor Masking Agents Market Share (%) -Application, 2022 and 2030
Figure 14. Food and Beverages: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 15. Bakery and Confectionery: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 16. Dairy and Frozen Desserts: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 17. Beverages: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 18. Meat, Poultry, and Seafood: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 19. Meat Substitutes: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 20. Dairy Alternatives: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 21. RTE and RTC Meals: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 22. Other Food and Beverages: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 23. Pharmaceuticals and Nutraceuticals: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 24. Others: Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 25. Europe Flavor Masking Agents Market Revenue, by Key Countries, (2022)(US$ Th)
Figure 26. Europe Flavor Masking Agents Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 27. Germany Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 28. France Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 29. Italy Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 30. UK Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 31. Russia Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)
Figure 32. Rest of Europe Flavor Masking Agents Market Revenue and Forecasts to 2030 (US$ Thousand)

Companies Mentioned

  • Archer-Daniels-Midland Co
  • Carmi Flavor & Fragrance Co Inc
  • Firmenich International SA
  • GEO Specialty Chemicals Inc
  • Kerry Group Plc
  • Koninklijke DSM NV
  • Sensient Technologies Corp
  • Synergy Flavors Inc
  • Tate & Lyle Plc
  • Virginia Dare Extract Co Inc