Global Flavour Market – Industry Trends and Forecast to 2031

Análise e dimensão do mercado de sabores

O mercado está a registar um crescimento significativo, impulsionado por vários fatores-chave. O mercado é alimentado principalmente pela crescente procura de sabores naturais e de rótulo limpo, à medida que os consumidores se tornam mais preocupados com a saúde e procuram produtos com menos ingredientes artificiais. A crescente popularidade dos alimentos e bebidas de conveniência, especialmente nos mercados emergentes, aumenta a procura de sabores. O mercado é caracterizado por uma elevada concorrência, com vários players importantes a dominar o setor. Estas empresas investem fortemente em investigação e desenvolvimento para introduzir sabores inovadores e satisfazer as crescentes preferências dos consumidores. O mercado testemunha também uma tendência para a personalização, com as empresas a oferecerem soluções de sabores personalizados para fabricantes de alimentos e bebidas.            

O tamanho global do mercado de aromas foi avaliado em 16,23 mil milhões de dólares em 2023 e deverá atingir os 26,06 mil milhões de dólares até 2031, com um CAGR de 6,10% durante o período de previsão de 2024 a 2031. Para além dos insights sobre cenários de mercado, tais como valor de mercado, taxa de crescimento, segmentação, cobertura geográfica e grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção e capacidade da empresa representada geograficamente, layouts de rede dos distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito do relatório e segmentação de mercado       

Definição de mercado

O sabor refere-se ao sabor e cheiro dos alimentos ou de outras substâncias. É uma combinação dos sentidos do paladar e do olfato, percebidos principalmente pelas papilas gustativas da língua e pelos recetores olfativos do nariz. O sabor é influenciado por vários fatores, incluindo a composição química do alimento ou substância e as preferências e experiências individuais.

Dinâmica do mercado de sabores

Motoristas

• Crescente procura por sabores naturais

A mudança dos consumidores para estilos de vida mais saudáveis ​​e a preferência por ingredientes de rótulo limpo aumentaram significativamente a procura por aromas naturais na indústria alimentar e das bebidas. Os aromas naturais são vistos como alternativas mais seguras aos aromas artificiais, alinhando com a crescente consciência dos consumidores sobre a saúde e o bem-estar. Esta tendência é impulsionada pelas preocupações sobre os potenciais riscos para a saúde associados aos aditivos artificiais, levando os consumidores a procurar produtos com listas de ingredientes mais simples e naturais. Como resultado, os fabricantes de alimentos e bebidas estão a incorporar cada vez mais sabores naturais nos seus produtos para satisfazer as exigências dos consumidores e diferenciar as suas ofertas, impulsionando o crescimento do mercado.      

• Expansão da Indústria Alimentar e de Bebidas

A indústria alimentar e das bebidas está a registar um crescimento substancial em todo o mundo, impulsionado pelo crescimento populacional, pela urbanização e pelas mudanças nas preferências dos consumidores. Esta expansão cria uma riqueza de oportunidades para os fabricantes de aromas inovarem e expandirem a sua presença no mercado. À medida que a indústria continua a evoluir, há uma procura crescente por sabores novos e únicos para satisfazer os diversos gostos dos consumidores. Além disso, a introdução de novos produtos alimentares e bebidas, tais como alternativas à base de plantas e alimentos funcionais , está a impulsionar a necessidade de soluções inovadoras de sabor, resultando no crescimento do mercado.

Oportunidades

• Inovação em Sabores 

Companies can enrich their product range and appeal to consumers looking for unique taste sensations by prioritizing the development of fresh and distinctive flavors. This approach allows companies to stay ahead of competitors and maintain a strong market position. In addition, product innovation can drive consumer engagement and loyalty, as consumers are more likely to gravitate toward brands that offer innovative and exciting flavor options. Innovation in flavor development presents a significant opportunity for companies to differentiate themselves in the market and meet the evolving needs of consumers.        

• Increasing Disposable Income

With rising purchasing power, consumers are increasingly inclined to invest in premium and flavored food and beverage items. This trend is driven by a desire for higher-quality products and a more indulgent consumption experience. Flavor manufacturers can capitalize on this trend by offering premium and innovative flavor solutions that cater to the preferences of affluent consumers. Targeting this demographic allows companies to expand their customer base and drive revenue growth in emerging markets.

Restraints/Challenges

• Stringent Regulations      

Regulatory bodies, such as the Food and Drug Administration (FDA) in the United States and the European Food Safety Authority (EFSA) in Europe, set strict guidelines regarding the types and quantities of flavoring substances that can be used in food and beverage products. These regulations are intended to ensure consumer safety and prevent the use of harmful or potentially allergenic ingredients. However, compliance with these regulations can be complex and costly for flavor manufacturers, particularly when formulating products for international markets. The presence of stringent regulations governing the use of flavoring substances is a major challenge for the market.        

• Health Concerns

There is a growing demand for natural and clean-label products, including flavors with consumers become more health-conscious. Artificial flavors are often perceived as less healthy or natural than their natural counterparts, leading consumers to seek products with simpler and more natural ingredient lists. This trend is driving the food and beverage industry to reformulate products to remove artificial additives and incorporate natural flavors, posing a challenge for flavor manufacturers that rely heavily on artificial ingredients.

This flavour market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flavour market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In January 2023, Symrise AG invested in Ignite Venture Studio, a platform focusing on B2C startup ventures in the personal care sector. This investment is aimed at fostering product innovations in fragrance and cosmetic ingredients
• In December 2022, Symrise partnered with Norwest Ingredients for a thorough sustainability assessment of peppermint and spearmint raw materials

Flavour Market Scope

The market is segmented on the basis of type, origin, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Chocolate & Browns
• Vanilla
• Fruit & Nut
• Dairy
• Spices

Origin

• Natural
• Nature Identical
• Artificial

Application

• Beverages
• Dairy
• Confectionery
• Bakery
• Meat
• Savory and Snacks

Flavour Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, type, origin, and application as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

Asia-Pacific is expected to dominate and be the fastest growing region due to increasing consumer interest in nutrient-rich and flavorful products. Traditional household cooking in the region has long relied on natural herbs and spices. Changing consumer preferences, with a focus on new and exotic tastes, have further fueled this market. In India factors such as urbanization, a growing middle-class population, and increased awareness of international cuisines have led to a higher demand for diverse and innovative flavors in the food and beverage industry.

The country section of the report also provides individual market-impacting factors and changes in market regulation that affect the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Flavour Market Share Analysis

The market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on the market.

Some of the major market players operating in the market are:

• DuPont (U.S.)
• ADM (U.S.)
• Kerry Group plc (Ireland)
• International Flavors & Fragrances, Inc. (U.S.)
• Firmenich SA (Switzerland)
• MANE (EN) (U.K.)
• Taiyo International (Japan)
• T.Hasegawa USA Inc (Japan)
• Synergy Flavors (U.S.)
• Sensient Technologies Corporation (U.S.)
• Bell Flavors & Fragrances (U.S.)
• Takasago International Corporation (Japan)
• Keva Flavours Pvt. Ltd. (India)
• Tate & Lyle (U.K.)
• Robertet, McCormick & Company, Inc. (U.K.)
• Huaian Wankang Flavours & Fragrances Ltd (China)
• Treatt Plc (U.K.)
• China Flavors & Fragrances Co. Ltd. (China)

SKU-59957