US Food Flavors Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.90 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Food Flavors Market Analysis
United States food flavor market is projected to grow at a CAGR of 3.9% during the forecast period (2020 - 2025).
- The rising use of food flavors into edible products such as baked food, beverages, and confectioneries to enhance their aroma & taste is boosting the growth of the food flavors market in the country. Changing consumer tastes and growing inclination towards new palettes and cuisines is further fueling the demand for flavors across the food industry.
- Further, the United States consumers are demanding natural flavors, as they are becoming more concerned about the long-term health effects of artificial ingredients and additives in food products.
- A large number of consumers have gained interest in purchasing clean label goods, which offer a wide scope for naturally sourced ingredients, hence propelling the demand for natural food flavors. However, the high prices of natural flavors may impact the growth of the segment.
US Food Flavors Market Trends
This section covers the major market trends shaping the US Food Flavor Market according to our research experts:
Elevating Demand for Natural Food Flavors
Increasing consumer's awareness towards health and wellness is leading the consumers to shift from artificial flavors to organic and natural flavors. With the rise in demand for organic and natural food, additives, and ingredients, the market for natural flavors is projected to grow significantly. The demand for greater choice and higher levels of authenticity in ethnic cuisines has increased in recent years.
The use of natural flavors, such as citrus peels and juices, essences of fruits, spice vanilla sugar, coffee flavorings, etc., in various applications, such as beverages and processed foods, is driving the market. Increasing health concerns of the consumer on the artificial/synthetic flavors are expected to contribute a higher share in the natural food flavor market.
Beverages Formed the Largest Application Segment for Food Flavors
Consumer demand for the exotic and unique flavors boost new innovations in the beverage segment. The most common flavors include citrus, spice and herb, berry, melon, tropical, floral, etc. used by the beverage manufacturers. The market for flavors in the alcoholic beverage segment is also gaining prominence, with the innovations and emergence of craft breweries. Moreover, consumers in the United States beverage market demand for healthy and nutritious beverages, which in turn, leads to increasing demand for natural and organic flavors in the beverage industry.
US Food Flavors Industry Overview
The food flavor and enhancer market is moderately fragmented, with the presence of global and regional players in the country. Some of the prominent players in the market studied are International Flavors & Fragrances Inc., Givaudan, Symrise AG, and Archer Daniels Midland Company among other players.
Companies are coming up with new innovative flavors, preferably, clean-label ingredients, which are extracted naturally. Moreover, the manufacturers are also expanding their presence and procurement procedures across the country to maintain the leading position in the market.
US Food Flavors Market Leaders
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Givaudan
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International Flavors & Fragrances Inc.
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Firmenich SA
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Symrise AG
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Archer Daniels Midland Company
*Disclaimer: Major Players sorted in no particular order
US Food Flavors Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product Type
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5.1.1 Natural Flavor
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5.1.2 Synthetic Flavor
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5.1.3 Nature Identical Flavoring
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5.2 By Application
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5.2.1 Dairy
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5.2.2 Bakery
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5.2.3 Confectionery
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5.2.4 Meat, Poultry, and Seafood
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5.2.5 Beverage
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5.2.6 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Flavorchem Corporation
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6.4.2 Archer Daniels Midland Company
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6.4.3 Sensient Technologies
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6.4.4 Givaudan
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6.4.5 Firmenich SA
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6.4.6 International Flavors & Fragrances Inc.
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6.4.7 Symrise AG
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
US Food Flavors Industry Segmentation
The United States food flavor market is segmented by type and by the application. The market by type is further sub-segmented into the natural flavor, synthetic flavor, and nature-identical flavoring. The market by application is segmented into dairy, bakery, confectionery, beverage, meat, poultry & seafood, and other applications. The study also covers the country-level analysis of the major players operating in the United States flavor market.
| By Product Type | |
| Natural Flavor | |
| Synthetic Flavor | |
| Nature Identical Flavoring |
| By Application | |
| Dairy | |
| Bakery | |
| Confectionery | |
| Meat, Poultry, and Seafood | |
| Beverage | |
| Others |
US Food Flavors Market Research FAQs
What is the current United States Food Flavor Market size?
The United States Food Flavor Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)
Who are the key players in United States Food Flavor Market?
Givaudan, International Flavors & Fragrances Inc., Firmenich SA, Symrise AG and Archer Daniels Midland Company are the major companies operating in the United States Food Flavor Market.
What years does this United States Food Flavor Market cover?
The report covers the United States Food Flavor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Food Flavor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
US Food Flavors Industry Report
Statistics for the 2024 US Food Flavors market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. US Food Flavors analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
