Published by Wanda Rich
Posted on March 20, 2025
Rising preference for reduced sugar products creates demand for flavor enhancers and sweetness modulators, States Fact. MR
According to Fact.MR, a market research and competitive intelligence provider, the global flavouring compounds market is estimated to reach a valuation of US$ 33.6 billion in 2024 and is expected to grow at a CAGR of 5.8 % during the forecast period of 2024 to 2034.
The global market for flavoring compounds exhibits a high degree of dynamism and is an important facet of the food and beverage sector experiencing tremendous growth due to changes in consumer tastes and innovation. The natural and artificial ingredients are important constituents that are used to enhance, alter, or create tastes and smells in food, beverages, drugs, and cosmetics. The growth of the market is driven chiefly by the consumers’ thirst for novel taste sensations, ready-to-eat products, natural contents, and an upsurge in earnings in developing countries.
One of the prominent trends contributing to the market growth is the shifting consumer preference towards clean-label and natural flavoring solutions purchases. Increasing processed food and ready-to-eat meal consumption is also an essential factor in increasing the market growth rate. Furthermore, the industry is undergoing many changes particularly, in innovations regarding flavor developments, due to the increased demand for plant-based and low-sugar ingredients. Moreover, as the world becomes a global village owing to cultural globalization, more and more consumers are becoming adventurous in the tastes of food, and cuisines, and even learning how to make quite several recipes.
For More Insights into the Market, Request a Sample of this Report:https://www.factmr.com/connectus/sample?flag=S&rep_id=10477
Key Takeaways from the Market Study:
“Rising disposable income enables consumers to experiment with new flavors and premium food and beverage products.”says a Fact.MR analyst.
Key Companies Profiled:
Development by Market Players in the Flavouring Compounds Market:
Country-wise Insights:
The United States market is valued at US$ 3.6 billion in the year 2024 and will grow at a CAGR of 6.2% over the period between 2024 and 2034. Flavouring compounds market is also expected to register an absolute opportunity of US$ 3.0 billion in the period from 2024 to 2034.
United States, which has the most extensive food production bases in the world, flavouring compounds market is one among the top globally in nearly every measure of demand. The vast reservoir of food processors ranging from big multinationals to small regional companies provides a high market for various uses of Flavoring Compounds products. The use of flavoring compounds in the food industry has penetrated further among the US food producers, unleashing both the consideration factors that support economies of scale and the evolving food consumption patterns of consumers.
High sales of ingredients in the nation's flavouring compounds market can be linked to the ready-to-eat meal, beverage, and snack foods categories where the products are indicated as being of American manufacturers occupied the first place worldwide. It is also significant to point out that the market is marked by a fast turnaround in launching new flavor varieties which in turn elevates the use of flavoring varieties by typically 30-40% compared to other advanced markets.
Get Customization on this Report for Specific Research Solutions:https://www.factmr.com/connectus/sample?flag=S&rep_id=10477
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the global flavouring compounds market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study reveals essential insights based on Type (Natural, Synthetic, and Nature-Identical), Form (Liquid, Powder, and Paste), Application (Food & Beverages, Pharmaceuticals, Cosmetics & Personal Care, Bakery Products, Dairy Products, Savory Products) & across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, Middle East & Africa).
Check out More Related Studies Published by Fact.MR Research:
Fact.MR, in its recently published research report, reveals that expanding at a CAGR of 5.2%, the global flavor enhancers market is projected to rise from a valuation of US$ 3.66 billion in 2023 to US$ 6.08 billion by 2033-end.
The global dry powder flavors market reached a size of US$ 18.11 billion in 2022, according to the latest market study by Fact.MR. Over the projection period (2023 to 2033), worldwide dry powder flavor sales are predicted to rise steadily at a CAGR of 3.5% and reach US$ 26.44 billion by 2033.
The global market for add-back flavors will be valued at US$ 1,503.4 million by 2024 and has been forecasted to expand at a noteworthy CAGR of 4.4% to reach US$ 2,312.5 million by 2034.
The global food flavor market has been forecasted to expand at a CAGR of 4.9% and reach a value of US$ 22.17 billion by the end of 2034.
The global oil soluble flavours market is valued at US$ 1.26 billion in 2023 and is forecasted to reach US$ 2.08 billion by the end of 2033, advancing at a CAGR of 5.1% over the decade, according to this new market study by Fact.MR.
The global natural and organic flavor market size is projected to be valued at US$ 9.99 billion in 2024, according to a newly published study by Fact.MR.
Expanding at a CAGR of 5.2%, the global flavored syrup market is projected to increase from a valuation of US$ 53.77 billion in 2024 to US$ 89.48 billion by the end of 2034.
Explore more articles in the Research Reports category
