The global plant-based flavors market is estimated to be worth US$ 6.0 Bn between 2022 and 2030, growing at a CAGR of 5.3% between 2022 and 2030.
The market demand for the plant-based flavors is growing due to rising awareness for the use of natural and animal-free products and coupled with emerging knowledge for the side-effects of the antibiotics and hormones in animals products.
Major market player included in this report are:
International Flavors & Fragrances, Inc.
Sensient Technologies Corporation
Symrise AG
Givaudan SA
McCormick & Company, Inc.
Takasago International Corporation
Kerry Group
Dhler Group SE
The Edlong Corporation
Innova Flavors
Firmenich SA
Flavor Producers, LLC
LorAnn Oils
Gold Coast Ingredients, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End-User
Food Industry
Processed Food
Dairy
Bakery
Confectionery
Beverage Industry
Flavored Drinks
Energy Drinks
Fruit Juices
Pharmaceutical Industry
Others
By Natural Sources
Spices
Fruit
Vegetable
Herbs or similar plant materials
By Application
Aroma Chemical
Essential Oil & Natural Extract
Fragrance Blends
Flavor Blends
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Plant Based Flavors Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
