Global Food Flavors Market to Reach $24.9 Billion by 2030

NEW YORK, Feb. 16, 2023 /PRNewswire/ -- The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

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Global Food Flavors Market to Reach $24.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Food Flavors estimated at US$18.7 Billion in the year 2022, is projected to reach a revised size of US$24.9 Billion by 2030, growing at aCAGR of 3.6% over the period 2022-2030. Natural, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$12.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 3.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 5.1% CAGR

The Food Flavors market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 145 Featured)

- Firmenich Inc.

- Frutarom Industries Ltd.

- Givaudan SA

- International Flavors & Fragrances, Inc.

- Mane SA

- Robertet SA

- Sensient Technologies Corporation

- Symrise AG

- T. Hasegawa Co., Ltd.

- Takasago International Corporation

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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Food Flavors - A Prelude

Flavors - The Largest Segment of the Global Food Additives Market

Impact of Covid-19 and a Looming Global Recession

World Shifts to an Endemic COVID-19 Strategy With Focus on

Multilateral Approach to Managing Future Pandemics

War, Inflation & High Cost of Living Crisis Supersede COVID-19

as Major Downside Risks for the Global Economy in 2022 &

Beyond

Inflationary Pressures and Impact on Global Economy

Russia-Ukraine War Impact

EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual

% Change) for the Years 2020, 2021, 2022 and 2023

Impact of COVID-19 on Food Flavors Market

Competitive Landscape

EXHIBIT 2: Food Flavors - Global Key Competitors Percentage

Market Share in 2022 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for

42 Players Worldwide in 2022 (E)

Global Market Prospects and Outlook

Global Food Flavors Market in Euphoric Awesomeness & Set to

Enjoy Blissful Sojourn Ahead

Salient Drivers for the Global Food Flavors Market

Rising Income & Health Awareness Push Market Growth

Increasing Applications in Food & Beverage Industry

High Demand for Processed Foods

Consumer Attention on Natural Ingredients

Liquid-Form Food Flavors to Enjoy Immense Demand

Beverages Rule while Savory & Snacks Post Fastest Growth

Asia-Pacific Enjoys Scoop-Full of Revenue Share on Global Food

Flavors Market

Natural and Savory & Snacks: Segments Hitting Perfect Spot in

Food Flavors Market

Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growing Food & Beverage Industry and Robust Application

Opportunity in Beverages Drive Demand for Food Flavors

EXHIBIT 3: Global Food & Beverages Market in US$ Trillion for

the Years 2018, 2020 & 2022E

EXHIBIT 4: Global Beverages Market in US$ Trillion for the

Years 2018, 2020 & 2022E

Rapid Growth in Consumption of Packaged, Ready-to-Consume Foods &

Beverages Drives Demand for Food Flavors

EXHIBIT 5: Global RTE Foods Market Size (in US$ Billion) for

2021, 2023, 2025 and 2027

EXHIBIT 6: Global RTD Beverages Market Size (in US$ Billion)

for 2022, 2024, 2026 and 2028

Demand Rises for Healthy and All-Natural Flavors

Flavor: An Ever-Changing Variable

Rising Demand for Ethnic Flavors in Packaged Food Products

Confectionery Category Favors Intense, Complex Flavors

Savory: A Flavor to Savor

New, Emerging Flavors in Major Food Categories

Increasing Demand for Citrus Flavors

Growing Appeal of Dairy-based Food Flavors

Immense Gains for Vegan & Plant-based Flavors

Innovative Flavors & Sustainability as Key Influencers in

Snacks Market

New Omnichannel Eating

In-Tune with Immune

Newstalgia and Nostalgia

Flavor Mashups

Innovations in Flavor Science and Technology are Serving

Healthier Desserts and Confections

Tapping into the Nostalgia Power

Better-for-you-and-your-Taste Buds

Spicy and Earthy

Giving Classics a Twist

Sweet Plus

Fermented Foods Witness Increased Popularity

Street Food

Rise of Health Megatrends Bolsters the Use of Natural Food

Enhancers in Bakery Products

Surging Eclectic Flavor Combination Demand Encourages Flavor

Manufacturers in North America to Adopt New Flavor Profiles

Flavors Deep Dive

Surging Demand for Sustainable and Natural Flavors

Use of Cannabis as a Natural Ingredient to Develop Flavors

Favorable Economic and Demographic Trends Strengthen Market

Prospects

Ballooning Global Population

EXHIBIT 7: World Population by Geographic Region (2018-2050):

(in Thousands)

Expanding Urban Population

EXHIBIT 8: World Urban Population in Thousands: 1950-2050P

EXHIBIT 9: Degree of Urbanization Worldwide: Urban Population

as a % of Total Population by Geographic Region for the Years

2000, 2020 & 2050

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Food Flavors Market Analysis of Annual Sales in

US$ Thousand for Years 2012 through 2027

Table 2: World Recent Past, Current & Future Analysis for Food

Flavors by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific, Latin America, Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2020 through 2027 and % CAGR

Table 3: World Historic Review for Food Flavors by Geographic

Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin

America, Middle East and Africa Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2012 through 2019 and

% CAGR

Table 4: World 15-Year Perspective for Food Flavors by

Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa Markets for Years 2012, 2021 & 2027

Table 5: World Recent Past, Current & Future Analysis for

Natural by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific, Latin America, Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2020 through 2027 and % CAGR

Table 6: World Historic Review for Natural by Geographic Region -

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin

America, Middle East and Africa Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2012 through 2019 and

% CAGR

Table 7: World 15-Year Perspective for Natural by Geographic

Region - Percentage Breakdown of Value Sales for USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa for Years 2012, 2021 & 2027

Table 8: World Recent Past, Current & Future Analysis for

Synthetic by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific, Latin America, Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2020 through 2027 and % CAGR

Table 9: World Historic Review for Synthetic by Geographic

Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin

America, Middle East and Africa Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2012 through 2019 and

% CAGR

Table 10: World 15-Year Perspective for Synthetic by Geographic

Region - Percentage Breakdown of Value Sales for USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa for Years 2012, 2021 & 2027

Table 11: World Recent Past, Current & Future Analysis for

Liquid & Gel by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific, Latin America, Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2020 through 2027 and % CAGR

Table 12: World Historic Review for Liquid & Gel by Geographic

Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin

America, Middle East and Africa Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2012 through 2019 and

% CAGR

Table 13: World 15-Year Perspective for Liquid & Gel by

Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa for Years 2012, 2021 & 2027

Table 14: World Recent Past, Current & Future Analysis for Dry

by Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

2020 through 2027 and % CAGR

Table 15: World Historic Review for Dry by Geographic Region -

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 16: World 15-Year Perspective for Dry by Geographic

Region - Percentage Breakdown of Value Sales for USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa for Years 2012, 2021 & 2027

Table 17: World Recent Past, Current & Future Analysis for

Beverages by Geographic Region - USA, Canada, Japan, China,

Europe, Asia-Pacific, Latin America, Middle East and Africa

Markets - Independent Analysis of Annual Sales in US$ Thousand

for Years 2020 through 2027 and % CAGR

Table 18: World Historic Review for Beverages by Geographic

Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin

America, Middle East and Africa Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2012 through 2019 and

% CAGR

Table 19: World 15-Year Perspective for Beverages by Geographic

Region - Percentage Breakdown of Value Sales for USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa for Years 2012, 2021 & 2027

Table 20: World Recent Past, Current & Future Analysis for

Bakery & Confectionery by Geographic Region - USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa Markets - Independent Analysis of Annual Sales in

US$ Thousand for Years 2020 through 2027 and % CAGR

Table 21: World Historic Review for Bakery & Confectionery by

Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

2012 through 2019 and % CAGR

Table 22: World 15-Year Perspective for Bakery & Confectionery

by Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa for Years 2012, 2021 & 2027

Table 23: World Recent Past, Current & Future Analysis for

Savory & Snacks by Geographic Region - USA, Canada, Japan,

China, Europe, Asia-Pacific, Latin America, Middle East and

Africa Markets - Independent Analysis of Annual Sales in US$

Thousand for Years 2020 through 2027 and % CAGR

Table 24: World Historic Review for Savory & Snacks by

Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

2012 through 2019 and % CAGR

Table 25: World 15-Year Perspective for Savory & Snacks by

Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa for Years 2012, 2021 & 2027

Table 26: World Recent Past, Current & Future Analysis for

Dairy & Frozen Products by Geographic Region - USA, Canada,

Japan, China, Europe, Asia-Pacific, Latin America, Middle East

and Africa Markets - Independent Analysis of Annual Sales in

US$ Thousand for Years 2020 through 2027 and % CAGR

Table 27: World Historic Review for Dairy & Frozen Products by

Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

2012 through 2019 and % CAGR

Table 28: World 15-Year Perspective for Dairy & Frozen Products

by Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa for Years 2012, 2021 & 2027

Table 29: World Recent Past, Current & Future Analysis for

Other Applications by Geographic Region - USA, Canada, Japan,

China, Europe, Asia-Pacific, Latin America, Middle East and

Africa Markets - Independent Analysis of Annual Sales in US$

Thousand for Years 2020 through 2027 and % CAGR

Table 30: World Historic Review for Other Applications by

Geographic Region - USA, Canada, Japan, China, Europe,

Asia-Pacific, Latin America, Middle East and Africa Markets -

Independent Analysis of Annual Sales in US$ Thousand for Years

2012 through 2019 and % CAGR

Table 31: World 15-Year Perspective for Other Applications by

Geographic Region - Percentage Breakdown of Value Sales for

USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,

Middle East and Africa for Years 2012, 2021 & 2027

III. MARKET ANALYSIS

UNITED STATES

Food Flavors Market Presence - Strong/Active/Niche/Trivial -

Key Competitors in the United States for 2022 (E)

Market Analytics

Table 32: USA Recent Past, Current & Future Analysis for Food

Flavors by Type - Natural and Synthetic - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 33: USA Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 34: USA 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 35: USA Recent Past, Current & Future Analysis for Food

Flavors by Form - Liquid & Gel and Dry - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 36: USA Historic Review for Food Flavors by Form - Liquid &

Gel and Dry Markets - Independent Analysis of Annual Sales in

US$ Thousand for Years 2012 through 2019 and % CAGR

Table 37: USA 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 38: USA Recent Past, Current & Future Analysis for Food

Flavors by Application - Beverages, Bakery & Confectionery,

Savory & Snacks, Dairy & Frozen Products and Other Applications -

Independent Analysis of Annual Sales in US$ Thousand for the

Years 2020 through 2027 and % CAGR

Table 39: USA Historic Review for Food Flavors by Application -

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2012 through

2019 and % CAGR

Table 40: USA 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

CANADA

Table 41: Canada Recent Past, Current & Future Analysis for

Food Flavors by Type - Natural and Synthetic - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 42: Canada Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 43: Canada 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 44: Canada Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 45: Canada Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 46: Canada 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 47: Canada Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 48: Canada Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

Table 49: Canada 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

JAPAN

Food Flavors Market Presence - Strong/Active/Niche/Trivial -

Key Competitors in Japan for 2022 (E)

Market Analytics

Table 50: Japan Recent Past, Current & Future Analysis for Food

Flavors by Type - Natural and Synthetic - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 51: Japan Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 52: Japan 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 53: Japan Recent Past, Current & Future Analysis for Food

Flavors by Form - Liquid & Gel and Dry - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 54: Japan Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 55: Japan 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 56: Japan Recent Past, Current & Future Analysis for Food

Flavors by Application - Beverages, Bakery & Confectionery,

Savory & Snacks, Dairy & Frozen Products and Other Applications -

Independent Analysis of Annual Sales in US$ Thousand for the

Years 2020 through 2027 and % CAGR

Table 57: Japan Historic Review for Food Flavors by Application -

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2012 through

2019 and % CAGR

Table 58: Japan 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

CHINA

Food Flavors Market Presence - Strong/Active/Niche/Trivial -

Key Competitors in China for 2022 (E)

Market Analytics

Table 59: China Recent Past, Current & Future Analysis for Food

Flavors by Type - Natural and Synthetic - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 60: China Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 61: China 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 62: China Recent Past, Current & Future Analysis for Food

Flavors by Form - Liquid & Gel and Dry - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 63: China Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 64: China 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 65: China Recent Past, Current & Future Analysis for Food

Flavors by Application - Beverages, Bakery & Confectionery,

Savory & Snacks, Dairy & Frozen Products and Other Applications -

Independent Analysis of Annual Sales in US$ Thousand for the

Years 2020 through 2027 and % CAGR

Table 66: China Historic Review for Food Flavors by Application -

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2012 through

2019 and % CAGR

Table 67: China 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

EUROPE

Food Flavors Market Presence - Strong/Active/Niche/Trivial -

Key Competitors in Europe for 2022 (E)

Market Analytics

Table 68: Europe Recent Past, Current & Future Analysis for

Food Flavors by Geographic Region - France, Germany, Italy, UK,

Spain, Russia and Rest of Europe Markets - Independent Analysis

of Annual Sales in US$ Thousand for Years 2020 through 2027 and

% CAGR

Table 69: Europe Historic Review for Food Flavors by Geographic

Region - France, Germany, Italy, UK, Spain, Russia and Rest of

Europe Markets - Independent Analysis of Annual Sales in US$

Thousand for Years 2012 through 2019 and % CAGR

Table 70: Europe 15-Year Perspective for Food Flavors by

Geographic Region - Percentage Breakdown of Value Sales for

France, Germany, Italy, UK, Spain, Russia and Rest of Europe

Markets for Years 2012, 2021 & 2027

Table 71: Europe Recent Past, Current & Future Analysis for

Food Flavors by Type - Natural and Synthetic - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 72: Europe Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 73: Europe 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 74: Europe Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 75: Europe Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 76: Europe 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 77: Europe Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 78: Europe Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

Table 79: Europe 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

FRANCE

Table 80: France Recent Past, Current & Future Analysis for

Food Flavors by Type - Natural and Synthetic - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 81: France Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 82: France 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 83: France Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 84: France Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 85: France 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 86: France Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 87: France Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

Table 88: France 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

GERMANY

Table 89: Germany Recent Past, Current & Future Analysis for

Food Flavors by Type - Natural and Synthetic - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 90: Germany Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 91: Germany 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 92: Germany Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 93: Germany Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 94: Germany 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 95: Germany Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 96: Germany Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

Table 97: Germany 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

ITALY

Table 98: Italy Recent Past, Current & Future Analysis for Food

Flavors by Type - Natural and Synthetic - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 99: Italy Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 100: Italy 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 101: Italy Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 102: Italy Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 103: Italy 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 104: Italy Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 105: Italy Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

Table 106: Italy 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

UNITED KINGDOM

Table 107: UK Recent Past, Current & Future Analysis for Food

Flavors by Type - Natural and Synthetic - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 108: UK Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 109: UK 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 110: UK Recent Past, Current & Future Analysis for Food

Flavors by Form - Liquid & Gel and Dry - Independent Analysis

of Annual Sales in US$ Thousand for the Years 2020 through 2027

and % CAGR

Table 111: UK Historic Review for Food Flavors by Form - Liquid &

Gel and Dry Markets - Independent Analysis of Annual Sales in

US$ Thousand for Years 2012 through 2019 and % CAGR

Table 112: UK 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 113: UK Recent Past, Current & Future Analysis for Food

Flavors by Application - Beverages, Bakery & Confectionery,

Savory & Snacks, Dairy & Frozen Products and Other Applications -

Independent Analysis of Annual Sales in US$ Thousand for the

Years 2020 through 2027 and % CAGR

Table 114: UK Historic Review for Food Flavors by Application -

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications Markets - Independent

Analysis of Annual Sales in US$ Thousand for Years 2012 through

2019 and % CAGR

Table 115: UK 15-Year Perspective for Food Flavors by

Application - Percentage Breakdown of Value Sales for

Beverages, Bakery & Confectionery, Savory & Snacks, Dairy &

Frozen Products and Other Applications for the Years 2012, 2021 &

2027

SPAIN

Table 116: Spain Recent Past, Current & Future Analysis for

Food Flavors by Type - Natural and Synthetic - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 117: Spain Historic Review for Food Flavors by Type -

Natural and Synthetic Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 118: Spain 15-Year Perspective for Food Flavors by Type -

Percentage Breakdown of Value Sales for Natural and Synthetic

for the Years 2012, 2021 & 2027

Table 119: Spain Recent Past, Current & Future Analysis for

Food Flavors by Form - Liquid & Gel and Dry - Independent

Analysis of Annual Sales in US$ Thousand for the Years 2020

through 2027 and % CAGR

Table 120: Spain Historic Review for Food Flavors by Form -

Liquid & Gel and Dry Markets - Independent Analysis of Annual

Sales in US$ Thousand for Years 2012 through 2019 and % CAGR

Table 121: Spain 15-Year Perspective for Food Flavors by Form -

Percentage Breakdown of Value Sales for Liquid & Gel and Dry

for the Years 2012, 2021 & 2027

Table 122: Spain Recent Past, Current & Future Analysis for

Food Flavors by Application - Beverages, Bakery &

Confectionery, Savory & Snacks, Dairy & Frozen Products and

Other Applications - Independent Analysis of Annual Sales in

US$ Thousand for the Years 2020 through 2027 and % CAGR

Table 123: Spain Historic Review for Food Flavors by

Application - Beverages, Bakery & Confectionery, Savory &

Snacks, Dairy & Frozen Products and Other Applications Markets -

Independent Analysis of Annual Sales in US$ Thousand for

Years 2012 through 2019 and % CAGR

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