Global Flavouring Agents Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Natural flavors and Artificial flavors.

By Application;

Beverages, Bakery, Dairy, Savory & convenience foods, Confectionery, Meat, Snacks, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn936436809 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Flavouring Agents Market (USD Million), 2021 - 2031

In the year 2024, the Global Flavouring Agents Market was valued at USD 15,595.67 million. The size of this market is expected to increase to USD 20,550.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global flavouring agents market is a dynamic sector within the broader food and beverage industry, driven by consumer demand for diverse and innovative taste experiences. Flavouring agents, also known as flavorants or flavor enhancers, play a crucial role in enhancing the taste, aroma, and overall sensory appeal of food and beverage products. These agents are widely used across various segments including processed foods, beverages, confectionery, and bakery products, among others.

In recent years, the market has witnessed significant growth propelled by changing consumer preferences towards natural and clean-label ingredients. This shift has prompted manufacturers to develop flavouring agents derived from natural sources such as fruits, vegetables, herbs, and spices, in response to increasing awareness about health and wellness. Moreover, technological advancements in food science have enabled the creation of complex flavour profiles that mimic natural ingredients, contributing to the market's expansion.

Geographically, the market is characterized by diverse regional preferences and regulatory landscapes impacting product formulations and market strategies. North America and Europe lead in consumption due to a mature food industry and high disposable incomes, while Asia-Pacific emerges as a rapidly growing market driven by urbanization, changing dietary habits, and a burgeoning middle-class population. Overall, the global flavouring agents market is poised for continued growth, driven by innovation, health-conscious consumer choices, and evolving culinary trends globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Flavouring Agents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Consumer Demand (Natural, Clean Label)
        2. Innovation in Flavors
        3. Expansion of Food Processing Industry
        4. Urbanization and Changing Lifestyles
      2. Restraints
        1. Regulatory Challenges
        2. Health Concerns (Artificial Ingredients)
        3. Fluctuating Raw Material Costs
        4. Competition and Price Sensitivity
      3. Opportunities
        1. Functional and Health-focused Ingredients
        2. Sustainability and Green Technologies
        3. Product Differentiation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Flavouring Agents Market, By Type, 2021 - 2031 (USD Million)
      1. Natural flavors
      2. Artificial flavors
    2. Global Flavouring Agents Market, By Application, 2021 - 2031 (USD Million)
      1. Beverages
      2. Bakery
      3. Dairy
      4. Savory & convenience foods
      5. Confectionery
      6. Meat
      7. Snacks
      8. Others
    3. Global Flavouring Agents Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Givaudan
      2. Firmenich
      3. International Flavors & Fragrances Inc. (IFF)
      4. Symrise AG
      5. Sensient Technologies Corporation
      6. Takasago International Corporation
      7. Mane SA
      8. Kerry Group
      9. Robertet Group
      10. T. Hasegawa Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market