Flavouring substances derived from natural sources, such as plants and animals, are known as natural food flavours. These flavoring agents are utilized to improve and balance the flavor of different foods. Over the next five years, the market for natural food flavours is expected to grow steadily. This growth is due to the rising consumer awareness of the need for clean-labeled products in both developed and developing nations and the growing demand for organic products. Customers have shown a preference for eating foods that come from natural sources.
Further, one of the main factors driving the market's growth over the next five years is the growing use of organically based flavours by food manufacturing companies. This, along with the rapidly changing lifestyles of people, especially in emerging nations where industrialization and urbanization are occurring quickly, has further increased demand forprocessed foods, which will have a major impact on the market's growth over the next five years. However, the market is anticipated to be constrained by the availability of alternatives, such as artificial and natural food flavourings, hindering its expansion throughout the forecast period.
Natural Food Flavours Market Drivers
Changing consumer preferences and growing health and wellness trends are contributing to the natural food flavours market growth
Consumer tastes have notably changed about food flavours. Most customers are considering rather extreme flavoring experiences that prove authentic and original. Natural and organic have become the flavours of choice, as well as those representing various cuisines and health-conscious options. Because of this need, the creation of exciting and novel flavour profiles catering to various tastes and preferences has expanded. With the continuous endeavors of food producers toward developing flavor options that are novel and exciting, the market for food flavors continues to rally into the future to provide those changing tastes of people.Moreover, food tastes have changed enormously in the last few years with the global health and wellness trend. The urge for health has turned the consumer toward non-artificial or synthetically made flavorings. However, natural and clean-label taste solutions garner a lot of interest owing to their artificial ingredients and additives concerns. A more balanced and healthier array of products emerges from increased spending in R&D focused on creating flavors from real fruits, herbs, and spices.
Natural food flavours Market Geographical Outlook:
Asia-Pacific is witnessing exponential growth during the forecast period.The developing economy of Asia-Pacific has a widely populated and employed professional workforce. People consume dairy products in a quite different context in Asia-Pacific compared to Europe and the US. This is because of consumers' preferences and because this basic ingredient can be transformed into many exotic products, from yoghurts to beverages. Population trends are among the major macroeconomic factors propelling the market for edible flavoring agents. Additionally, several mid-tier companies can expect to benefit from investments made by international companies, especially from large countries such as China, India, and Japan.
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The natural food flavours market is segmented and analyzed as follows:
By Source
- Animal
- Plant
By Application
- Dairy
- Beverages
- Bakery and Confectionery
- Others
By Geography
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Table of Contents
Companies Mentioned
- Givaudan S.A.
- Associated British Foods plc
- ADM
- DSM Firmenich SA
- Kerry Inc.
- Symrise
- Sensient Technologies Corporation
- International Flavors & Fragrances Inc.
- Takasago International Corporation
- Apple Flavor & Fragrance Group Co., Ltd.
- Robertet Group
- T.Hasegawa Inc.
- MANE
- Keva Flavours
- Fab Flavours
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 8.07 Billion |
Forecasted Market Value ( USD | $ 11.59 Billion |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |