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Vegan Flavor Market By Type: Global Opportunity Analysis and Industry Forecast, 2024-2034

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    Report

  • 380 Pages
  • July 2024
  • Region: Global
  • Allied Market Research
  • ID: 5994178
Description Jump to:

The vegan flavor market was valued at $10.4 billion in 2023, and is projected to reach $15.6 billion by 2034, growing at a CAGR of 3.9% from 2024 to 2034.



Vegan flavors are food additives that are formulated using using plant-based ingredients such as fruits, vegetables, grains, nuts, seeds, and legumes, as well as a variety of herbs, spices, and natural flavorings. Vegan flavors not only cater to ethical and health-conscious consumers but also appeal to those seeking diverse and sustainable culinary experiences.

The growth of the global vegan flavor market is driven by increase in trend of veganism, which has led to innovative developments in vegan flavoring, making plant-based diets more diverse and appealing. According to the 2021 estimates of Redefine Meat - an innovative food technology company that specializes in creating plant-based meat alternatives - approximately 79 million individuals have adopted veganism across the world. Studies predict that merely 40% of the world will be meat eaters by 2040. Furthermore, rise in awareness of the health benefits associated with plant-based diets and increase in concerns about animal welfare and ethical considerations drive the demand for vegan products. Moreover, with increasing focus on sustainability and reducing carbon footprint, manufacturers are ensuring that vegan flavors are ethically and sustainably sourced, which is expected to notably contribute toward the growth of the market.

In addition, promotion of vegan diets by celebrities and influencers is increasing the acceptance of vegan products, which acts as the key driving force of the global market. This has further increased the number of vegan restaurants across the globe. The top five vegan cities in the world include New York City, London, Los Angeles, Toronto, and Berlin. Among these, 200 vegan restaurants are established in London alone. The Vegan Society - a charity and the oldest vegan organization in the world - registers around 53,000 vegan products; among these, maximum are cosmetics than food. However, plant-based alternatives lack taste and texture as compared to conventional meat, which acts as a key deterrent factor of the global market. In addition, high cost of plant-based meat as compared to traditional meat restrains the market growth. On the contrary, implementation of stringent government regulations on animal cruelty and rise in awareness about its negative impact on the environment is anticipated to offer remunerative opportunities for the growth of the vegan flavor market. Increased funding and research into plant-based foods and flavors drive innovation and product development, which is expected to open new avenues for the expansion of the market during the forecast period.

The global vegan flavor market is segmented into flavor type, form, application, and region. On the basis of flavor type, the market is divided into fruit flavors, botanical flavors, nut/seed flavors, and others. As per form, it is bifurcated into liquid flavors and powdered flavors. Depending on application, it is segregated into food & beverages, bakery & confectionery, plant-based dairy & frozen desserts, and savory products. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.

Key Findings

  • On the basis of flavor type, the fruit flavors segment is expected dominate the market by 2034.
  • As per form, the liquid flavor segment is anticipated to exhibit significant growth rate in the coming years.
  • Depending on application, the he food & beverages segment is projected to register notable growth during the forecast period.
  • Region wise, vegan flavors are likely to gain high prominence in North America in the near future.

Competition Analysis

Competitive analysis and profiles of the major players in the global vegan flavor market include Givaudan S.A, Symrise, International Flavors & Fragrances, Firmenich, Takasago International Corporation, Lallemand Bio-Ingredients, Kerry Group, Sensient Technologies Corporation, Philadelphia Cream Cheese, and Robertet Group. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the global market.

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  • Criss-cross segment analysis- market size and forecast
  • Key player details (including location, contact details, supplier/vendor network etc. in excel format)
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  • SWOT Analysis

Key Market Segments

By Type

  • Fruit flavors
  • Botanical flavors
  • Nut/seed flavors
  • Others

By Form

  • Liquid flavors
  • Powdered flavors

By Application

  • Food beverages
  • Bakery confectionery
  • Plant-based dairy frozen desserts
  • Savory products

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Argentina
  • Rest of LAMEA

Key Market Players

  • Givaudan S.A
  • Symrise
  • International Flavors & Fragrances
  • Firmenich
  • Takasago International Corporation
  • Lallemand Bio-Ingredients
  • Kerry Group
  • Sensient Technologies Corporation
  • Philadelphia Cream Cheese
  • Robertet Group

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: VEGAN FLAVOR MARKET, BY TYPE
4.1. Market Overview
4.1.1 Market Size and Forecast, By Type
4.2. Fruit Flavors
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Botanical Flavors
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
4.4. Nut/seed Flavors
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast, By Region
4.4.3. Market Share Analysis, By Country
4.5. Others
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast, By Region
4.5.3. Market Share Analysis, By Country
CHAPTER 5: VEGAN FLAVOR MARKET, BY FORM
5.1. Market Overview
5.1.1 Market Size and Forecast, By Form
5.2. Liquid Flavors
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Powdered Flavors
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
CHAPTER 6: VEGAN FLAVOR MARKET, BY APPLICATION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Application
6.2. Food Beverages
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, By Region
6.2.3. Market Share Analysis, By Country
6.3. Bakery Confectionery
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, By Region
6.3.3. Market Share Analysis, By Country
6.4. Plant-based Dairy Frozen Desserts
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast, By Region
6.4.3. Market Share Analysis, By Country
6.5. Savory Products
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast, By Region
6.5.3. Market Share Analysis, By Country
CHAPTER 7: VEGAN FLAVOR MARKET, BY REGION
7.1. Market Overview
7.1.1 Market Size and Forecast, By Region
7.2. North America
7.2.1. Key Market Trends and Opportunities
7.2.2. Market Size and Forecast, By Type
7.2.3. Market Size and Forecast, By Form
7.2.4. Market Size and Forecast, By Application
7.2.5. Market Size and Forecast, By Country
7.2.6. U.S. Vegan Flavor Market
7.2.6.1. Market Size and Forecast, By Type
7.2.6.2. Market Size and Forecast, By Form
7.2.6.3. Market Size and Forecast, By Application
7.2.7. Canada Vegan Flavor Market
7.2.7.1. Market Size and Forecast, By Type
7.2.7.2. Market Size and Forecast, By Form
7.2.7.3. Market Size and Forecast, By Application
7.2.8. Mexico Vegan Flavor Market
7.2.8.1. Market Size and Forecast, By Type
7.2.8.2. Market Size and Forecast, By Form
7.2.8.3. Market Size and Forecast, By Application
7.3. Europe
7.3.1. Key Market Trends and Opportunities
7.3.2. Market Size and Forecast, By Type
7.3.3. Market Size and Forecast, By Form
7.3.4. Market Size and Forecast, By Application
7.3.5. Market Size and Forecast, By Country
7.3.6. France Vegan Flavor Market
7.3.6.1. Market Size and Forecast, By Type
7.3.6.2. Market Size and Forecast, By Form
7.3.6.3. Market Size and Forecast, By Application
7.3.7. Germany Vegan Flavor Market
7.3.7.1. Market Size and Forecast, By Type
7.3.7.2. Market Size and Forecast, By Form
7.3.7.3. Market Size and Forecast, By Application
7.3.8. Italy Vegan Flavor Market
7.3.8.1. Market Size and Forecast, By Type
7.3.8.2. Market Size and Forecast, By Form
7.3.8.3. Market Size and Forecast, By Application
7.3.9. Spain Vegan Flavor Market
7.3.9.1. Market Size and Forecast, By Type
7.3.9.2. Market Size and Forecast, By Form
7.3.9.3. Market Size and Forecast, By Application
7.3.10. UK Vegan Flavor Market
7.3.10.1. Market Size and Forecast, By Type
7.3.10.2. Market Size and Forecast, By Form
7.3.10.3. Market Size and Forecast, By Application
7.3.11. Russia Vegan Flavor Market
7.3.11.1. Market Size and Forecast, By Type
7.3.11.2. Market Size and Forecast, By Form
7.3.11.3. Market Size and Forecast, By Application
7.3.12. Rest of Europe Vegan Flavor Market
7.3.12.1. Market Size and Forecast, By Type
7.3.12.2. Market Size and Forecast, By Form
7.3.12.3. Market Size and Forecast, By Application
7.4. Asia-Pacific
7.4.1. Key Market Trends and Opportunities
7.4.2. Market Size and Forecast, By Type
7.4.3. Market Size and Forecast, By Form
7.4.4. Market Size and Forecast, By Application
7.4.5. Market Size and Forecast, By Country
7.4.6. China Vegan Flavor Market
7.4.6.1. Market Size and Forecast, By Type
7.4.6.2. Market Size and Forecast, By Form
7.4.6.3. Market Size and Forecast, By Application
7.4.7. Japan Vegan Flavor Market
7.4.7.1. Market Size and Forecast, By Type
7.4.7.2. Market Size and Forecast, By Form
7.4.7.3. Market Size and Forecast, By Application
7.4.8. India Vegan Flavor Market
7.4.8.1. Market Size and Forecast, By Type
7.4.8.2. Market Size and Forecast, By Form
7.4.8.3. Market Size and Forecast, By Application
7.4.9. South Korea Vegan Flavor Market
7.4.9.1. Market Size and Forecast, By Type
7.4.9.2. Market Size and Forecast, By Form
7.4.9.3. Market Size and Forecast, By Application
7.4.10. Australia Vegan Flavor Market
7.4.10.1. Market Size and Forecast, By Type
7.4.10.2. Market Size and Forecast, By Form
7.4.10.3. Market Size and Forecast, By Application
7.4.11. Thailand Vegan Flavor Market
7.4.11.1. Market Size and Forecast, By Type
7.4.11.2. Market Size and Forecast, By Form
7.4.11.3. Market Size and Forecast, By Application
7.4.12. Malaysia Vegan Flavor Market
7.4.12.1. Market Size and Forecast, By Type
7.4.12.2. Market Size and Forecast, By Form
7.4.12.3. Market Size and Forecast, By Application
7.4.13. Indonesia Vegan Flavor Market
7.4.13.1. Market Size and Forecast, By Type
7.4.13.2. Market Size and Forecast, By Form
7.4.13.3. Market Size and Forecast, By Application
7.4.14. Rest of Asia-Pacific Vegan Flavor Market
7.4.14.1. Market Size and Forecast, By Type
7.4.14.2. Market Size and Forecast, By Form
7.4.14.3. Market Size and Forecast, By Application
7.5. LAMEA
7.5.1. Key Market Trends and Opportunities
7.5.2. Market Size and Forecast, By Type
7.5.3. Market Size and Forecast, By Form
7.5.4. Market Size and Forecast, By Application
7.5.5. Market Size and Forecast, By Country
7.5.6. Brazil Vegan Flavor Market
7.5.6.1. Market Size and Forecast, By Type
7.5.6.2. Market Size and Forecast, By Form
7.5.6.3. Market Size and Forecast, By Application
7.5.7. South Africa Vegan Flavor Market
7.5.7.1. Market Size and Forecast, By Type
7.5.7.2. Market Size and Forecast, By Form
7.5.7.3. Market Size and Forecast, By Application
7.5.8. Saudi Arabia Vegan Flavor Market
7.5.8.1. Market Size and Forecast, By Type
7.5.8.2. Market Size and Forecast, By Form
7.5.8.3. Market Size and Forecast, By Application
7.5.9. UAE Vegan Flavor Market
7.5.9.1. Market Size and Forecast, By Type
7.5.9.2. Market Size and Forecast, By Form
7.5.9.3. Market Size and Forecast, By Application
7.5.10. Argentina Vegan Flavor Market
7.5.10.1. Market Size and Forecast, By Type
7.5.10.2. Market Size and Forecast, By Form
7.5.10.3. Market Size and Forecast, By Application
7.5.11. Rest of LAMEA Vegan Flavor Market
7.5.11.1. Market Size and Forecast, By Type
7.5.11.2. Market Size and Forecast, By Form
7.5.11.3. Market Size and Forecast, By Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023
CHAPTER 9: COMPANY PROFILES
9.1. Givaudan S.A
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Operating Business Segments
9.1.5. Product Portfolio
9.1.6. Business Performance
9.1.7. Key Strategic Moves and Developments
9.2. Symrise
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Business Performance
9.2.7. Key Strategic Moves and Developments
9.3. International Flavors And Fragrances
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. Firmenich
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. Business Performance
9.4.7. Key Strategic Moves and Developments
9.5. Takasago International Corporation
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Business Performance
9.5.7. Key Strategic Moves and Developments
9.6. Lallemand Bio-Ingredients
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Business Performance
9.6.7. Key Strategic Moves and Developments
9.7. Kerry Group
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Business Performance
9.7.7. Key Strategic Moves and Developments
9.8. Sensient Technologies Corporation
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. Business Performance
9.8.7. Key Strategic Moves and Developments
9.9. Philadelphia Cream Cheese
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Business Performance
9.9.7. Key Strategic Moves and Developments
9.10. Robertet Group
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Operating Business Segments
9.10.5. Product Portfolio
9.10.6. Business Performance
9.10.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 2. Vegan Flavor Market for Fruit Flavors, by Region, 2024 - 2034 ($Billion)
Table 3. Vegan Flavor Market for Botanical Flavors, by Region, 2024 - 2034 ($Billion)
Table 4. Vegan Flavor Market for Nut/Seed Flavors, by Region, 2024 - 2034 ($Billion)
Table 5. Vegan Flavor Market for Others, by Region, 2024 - 2034 ($Billion)
Table 6. Global Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 7. Vegan Flavor Market for Liquid Flavors, by Region, 2024 - 2034 ($Billion)
Table 8. Vegan Flavor Market for Powdered Flavors, by Region, 2024 - 2034 ($Billion)
Table 9. Global Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 10. Vegan Flavor Market for Food Beverages, by Region, 2024 - 2034 ($Billion)
Table 11. Vegan Flavor Market for Bakery Confectionery, by Region, 2024 - 2034 ($Billion)
Table 12. Vegan Flavor Market for Plant-based Dairy Frozen Desserts, by Region, 2024 - 2034 ($Billion)
Table 13. Vegan Flavor Market for Savory Products, by Region, 2024 - 2034 ($Billion)
Table 14. Vegan Flavor Market, by Region, 2024 - 2034 ($Billion)
Table 15. North America Vegan Flavor Market, by Country, 2024 - 2034 ($Billion)
Table 16. North America Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 17. North America Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 18. North America Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 19. U.S. Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 20. U.S. Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 21. U.S. Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 22. Canada Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 23. Canada Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 24. Canada Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 25. Mexico Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 26. Mexico Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 27. Mexico Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 28. Europe Vegan Flavor Market, by Country, 2024 - 2034 ($Billion)
Table 29. Europe Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 30. Europe Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 31. Europe Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 32. France Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 33. France Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 34. France Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 35. Germany Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 36. Germany Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 37. Germany Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 38. Italy Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 39. Italy Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 40. Italy Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 41. Spain Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 42. Spain Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 43. Spain Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 44. UK Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 45. UK Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 46. UK Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 47. Russia Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 48. Russia Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 49. Russia Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 50. Rest of Europe Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 51. Rest of Europe Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 52. Rest of Europe Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 53. Asia-Pacific Vegan Flavor Market, by Country, 2024 - 2034 ($Billion)
Table 54. Asia-Pacific Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 55. Asia-Pacific Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 56. Asia-Pacific Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 57. China Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 58. China Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 59. China Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 60. Japan Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 61. Japan Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 62. Japan Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 63. India Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 64. India Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 65. India Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 66. South Korea Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 67. South Korea Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 68. South Korea Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 69. Australia Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 70. Australia Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 71. Australia Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 72. Thailand Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 73. Thailand Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 74. Thailand Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 75. Malaysia Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 76. Malaysia Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 77. Malaysia Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 78. Indonesia Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 79. Indonesia Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 80. Indonesia Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 81. Rest of Asia-Pacific Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 82. Rest of Asia-Pacific Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 83. Rest of Asia-Pacific Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 84. LAMEA Vegan Flavor Market, by Country, 2024 - 2034 ($Billion)
Table 85. LAMEA Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 86. LAMEA Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 87. LAMEA Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 88. Brazil Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 89. Brazil Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 90. Brazil Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 91. South Africa Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 92. South Africa Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 93. South Africa Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 94. Saudi Arabia Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 95. Saudi Arabia Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 96. Saudi Arabia Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 97. UAE Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 98. UAE Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 99. UAE Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 100. Argentina Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 101. Argentina Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 102. Argentina Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 103. Rest of LAMEA Vegan Flavor Market, by Type, 2024 - 2034 ($Billion)
Table 104. Rest of LAMEA Vegan Flavor Market, by Form, 2024 - 2034 ($Billion)
Table 105. Rest of LAMEA Vegan Flavor Market, by Application, 2024 - 2034 ($Billion)
Table 106. Givaudan S.A: Key Executives
Table 107. Givaudan S.A: Company Snapshot
Table 108. Givaudan S.A: Operating Segments
Table 109. Givaudan S.A: Product Portfolio
Table 110. Givaudan S.A: Key Strategic Moves and Developments
Table 111. Symrise: Key Executives
Table 112. Symrise: Company Snapshot
Table 113. Symrise: Operating Segments
Table 114. Symrise: Product Portfolio
Table 115. Symrise: Key Strategic Moves and Developments
Table 116. International Flavors and Fragrances: Key Executives
Table 117. International Flavors and Fragrances: Company Snapshot
Table 118. International Flavors and Fragrances: Operating Segments
Table 119. International Flavors and Fragrances: Product Portfolio
Table 120. International Flavors and Fragrances: Key Strategic Moves and Developments
Table 121. Firmenich: Key Executives
Table 122. Firmenich: Company Snapshot
Table 123. Firmenich: Operating Segments
Table 124. Firmenich: Product Portfolio
Table 125. Firmenich: Key Strategic Moves and Developments
Table 126. Takasago International Corporation: Key Executives
Table 127. Takasago International Corporation: Company Snapshot
Table 128. Takasago International Corporation: Operating Segments
Table 129. Takasago International Corporation: Product Portfolio
Table 130. Takasago International Corporation: Key Strategic Moves and Developments
Table 131. Lallemand Bio-Ingredients: Key Executives
Table 132. Lallemand Bio-Ingredients: Company Snapshot
Table 133. Lallemand Bio-Ingredients: Operating Segments
Table 134. Lallemand Bio-Ingredients: Product Portfolio
Table 135. Lallemand Bio-Ingredients: Key Strategic Moves and Developments
Table 136. Kerry Group: Key Executives
Table 137. Kerry Group: Company Snapshot
Table 138. Kerry Group: Operating Segments
Table 139. Kerry Group: Product Portfolio
Table 140. Kerry Group: Key Strategic Moves and Developments
Table 141. Sensient Technologies Corporation: Key Executives
Table 142. Sensient Technologies Corporation: Company Snapshot
Table 143. Sensient Technologies Corporation: Operating Segments
Table 144. Sensient Technologies Corporation: Product Portfolio
Table 145. Sensient Technologies Corporation: Key Strategic Moves and Developments
Table 146. Philadelphia Cream Cheese: Key Executives
Table 147. Philadelphia Cream Cheese: Company Snapshot
Table 148. Philadelphia Cream Cheese: Operating Segments
Table 149. Philadelphia Cream Cheese: Product Portfolio
Table 150. Philadelphia Cream Cheese: Key Strategic Moves and Developments
Table 151. Robertet Group: Key Executives
Table 152. Robertet Group: Company Snapshot
Table 153. Robertet Group: Operating Segments
Table 154. Robertet Group: Product Portfolio
Table 155. Robertet Group: Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Vegan Flavor Market, 2024 - 2034
Figure 2. Segmentation of Vegan Flavor Market, 2024 - 2034
Figure 3. Top Investment Pocket in Vegan Flavor Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globalvegan Flavor Market
Figure 10. Global Vegan Flavor Market Segmentation, by Type
Figure 11. Vegan Flavor Market for Fruit Flavors, by Country, 2024 - 2034 ($Billion)
Figure 12. Vegan Flavor Market for Botanical Flavors, by Country, 2024 - 2034 ($Billion)
Figure 13. Vegan Flavor Market for Nut/Seed Flavors, by Country, 2024 - 2034 ($Billion)
Figure 14. Vegan Flavor Market for Others, by Country, 2024 - 2034 ($Billion)
Figure 15. Global Vegan Flavor Market Segmentation, by Form
Figure 16. Vegan Flavor Market for Liquid Flavors, by Country, 2024 - 2034 ($Billion)
Figure 17. Vegan Flavor Market for Powdered Flavors, by Country, 2024 - 2034 ($Billion)
Figure 18. Global Vegan Flavor Market Segmentation, by Application
Figure 19. Vegan Flavor Market for Food Beverages, by Country, 2024 - 2034 ($Billion)
Figure 20. Vegan Flavor Market for Bakery Confectionery, by Country, 2024 - 2034 ($Billion)
Figure 21. Vegan Flavor Market for Plant-based Dairy Frozen Desserts, by Country, 2024 - 2034 ($Billion)
Figure 22. Vegan Flavor Market for Savory Products, by Country, 2024 - 2034 ($Billion)
Figure 23. Top Winning Strategies, by Year, 2021-2023*
Figure 24. Top Winning Strategies, by Development, 2021-2023*
Figure 25. Top Winning Strategies, by Company, 2021-2023*
Figure 26. Product Mapping of Top 10 Players
Figure 27. Competitive Dashboard
Figure 28. Competitive Heatmap: Vegan Flavor Market
Figure 29. Top Player Positioning, 2023
Figure 30. Givaudan S.A: Net Sales, 2021-2023 ($Billion)
Figure 31. Givaudan S.A: Revenue Share, by Segment, 2023 (%)
Figure 32. Givaudan S.A: Revenue Share, by Region, 2023 (%)
Figure 33. Symrise: Net Sales, 2021-2023 ($Billion)
Figure 34. Symrise: Revenue Share, by Segment, 2023 (%)
Figure 35. Symrise: Revenue Share, by Region, 2023 (%)
Figure 36. International Flavors and Fragrances: Net Sales, 2021-2023 ($Billion)
Figure 37. International Flavors and Fragrances: Revenue Share, by Segment, 2023 (%)
Figure 38. International Flavors and Fragrances: Revenue Share, by Region, 2023 (%)
Figure 39. Firmenich: Net Sales, 2021-2023 ($Billion)
Figure 40. Firmenich: Revenue Share, by Segment, 2023 (%)
Figure 41. Firmenich: Revenue Share, by Region, 2023 (%)
Figure 42. Takasago International Corporation: Net Sales, 2021-2023 ($Billion)
Figure 43. Takasago International Corporation: Revenue Share, by Segment, 2023 (%)
Figure 44. Takasago International Corporation: Revenue Share, by Region, 2023 (%)
Figure 45. Lallemand Bio-Ingredients: Net Sales, 2021-2023 ($Billion)
Figure 46. Lallemand Bio-Ingredients: Revenue Share, by Segment, 2023 (%)
Figure 47. Lallemand Bio-Ingredients: Revenue Share, by Region, 2023 (%)
Figure 48. Kerry Group: Net Sales, 2021-2023 ($Billion)
Figure 49. Kerry Group: Revenue Share, by Segment, 2023 (%)
Figure 50. Kerry Group: Revenue Share, by Region, 2023 (%)
Figure 51. Sensient Technologies Corporation: Net Sales, 2021-2023 ($Billion)
Figure 52. Sensient Technologies Corporation: Revenue Share, by Segment, 2023 (%)
Figure 53. Sensient Technologies Corporation: Revenue Share, by Region, 2023 (%)
Figure 54. Philadelphia Cream Cheese: Net Sales, 2021-2023 ($Billion)
Figure 55. Philadelphia Cream Cheese: Revenue Share, by Segment, 2023 (%)
Figure 56. Philadelphia Cream Cheese: Revenue Share, by Region, 2023 (%)
Figure 57. Robertet Group: Net Sales, 2021-2023 ($Billion)
Figure 58. Robertet Group: Revenue Share, by Segment, 2023 (%)
Figure 59. Robertet Group: Revenue Share, by Region, 2023 (%)

Companies Mentioned

Key Market Players in the Vegan Flavor Market include:
  • Givaudan S.A
  • Symrise
  • International Flavors & Fragrances
  • Firmenich
  • Takasago International Corporation
  • Lallemand Bio-Ingredients
  • Kerry Group
  • Sensient Technologies Corporation
  • Philadelphia Cream Cheese
  • Robertet Group

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages380
PublishedJuly 2024
Forecast Period2023 - 2034
Estimated Market Value ( USD ) in 2023 $ 10.4 billion
Forecasted Market Value ( USD ) by 2034 $ 15.6 billion
Compound Annual Growth Rate3.9%
Regions CoveredGlobal
No. of Companies Mentioned11

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