Food Flavors & Enhancers Market Size By Product (Natural, Artificial), By Application (Bakery & Confectionery, Food & Nutrition, Beverages, Dairy & Frozen Desserts, Sauces & Dressings), Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

Published Date: Feb 2021  |  Report ID: GMI4963  |  Authors: Kunal Ahuja, Amit Rawat

Report Format: PDF   |   Pages: 300   |   Base Year: 2020

Summary Table of Contents Industry Coverage Methodology

Industry Trends

Food Flavors & Enhancers Market size exceeded USD 8.9 billion in 2020 and is estimated to grow at over 6.2% CAGR between 2021 and 2027. Increasing efforts by food & beverage manufacturers regarding the use of innovative raw materials for production of flavors is expected to foster market growth.

Food flavors and enhancers include a wide range of additives and ingredients added to food products to improve their taste, flavor, texture, or consistency. The market for food flavors and enhancers will grow at a steady pace, led by an upward demand trend in North America and Europe. 

Food Flavors & Enhancers Market

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Changing consumer lifestyle and a shift in their consumption habits owing to the continuously increasing number of job opportunities in the corporate sector is increasing the dependence of consumers on processed convenience foods since the past few years. Processed foods demand an increased usage of flavoring agents for their production, thus promoting the industry outlook. Changing taste perceptions of consumers are likely to demand the blending of different taste imparting ingredients during food preparation to improve the overall taste profile of the food, which should further boost the food flavors & enhancers market statistics during the forecast period.

Food flavors are substances which are not direct constituents of the food but are used to impart improve the taste profile of food products. Besides, they also aid in retaining the existing taste profile of perishable foods after processing & preservation stages during their manufacturing. Enhancers perform the function of supplementing or enhancing the original natural flavor of food products. Monosodium glutamate (MSG), NaCl, and sweeteners are some of the enhancers which are commonly added to food products.

The increase in disposable income of people and rising demand for improved flavors capable of imparting unique taste profiles to the food is expected to drive the market share through the forecast period. Growing trend of the use of exotic flavors in food products is likely to provide promising opportunities for innovation in the field of flavors and enhancers. Rapid technological advancements in the manufacturing process of flavors by flavor manufacturers through the development and implementation of techniques such as solid-liquid extraction (SLE), supercritical fluid extraction, etc. to preserve the natural taste and flavor of fruit flavors is expected to further contribute to market growth in the coming years.

However, the continuously changing quality and regulatory standards pertaining to the ensuring and safeguarding of consumer health and safety is posing a challenge to flavor manufacturers in the recent years. Stringent rules and regulations laid down by the governments of different nations may cause delays in new product launches and implementation of innovative ideas by manufacturers, thus hampering growth of the market to some extent. Moreover, rising consumer awareness regarding the ill effects of consuming synthetic savory ingredients such as monosodium glutamate (MSG) is another factor responsible for restraining the growth of the food flavor & enhancers industry during the assessment period.

Food Flavors & Enhancers Market Report Coverage
Report Coverage Details
Base Year:2020Historical Data for:2016 to 2020
Market Size in 2020:8.9 Billion (USD)Forecast Period:2021 to 2027
Forecast Period 2021 to 2027 CAGR:6.2%No. of Pages:300
2027 Value Projection:13.5 Billion (USD) Tables, Charts & Figures:224
Geographies covered (5):North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Segments covered:Product, Application, Region
Growth Drivers:
  • Rising consumption of ice creams and frozen desserts
  • Increasing demand from bakery & confectionery sector shift in consumer preference towards consumption of plant-based foods
  • Rapid growth of dairy industry to foster market growth
  • Growing demand for flavors from sauce and dressing manufacturing
Pitfalls & Challenges:
  • Continuously changing regulatory scenario

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Growing consumer demand for plant-based ingredients in food products to foster the growth of natural food flavors

Food Flavors and Enhancers Market

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The food flavors & enhancers market is segmented by product into natural flavors and artificial flavors. Growing consumer concerns regarding the ill effects associated with the consumption of artificial flavors on human health including attention deficit hyperactivity disorder (ADHD) in children and other general symptoms such as allergic reactions and food hypersensitivity, worsening of asthma, abdominal pain, diarrhea, and vomiting are likely to pave the way for the use of natural flavors in food products, thus propelling market share.

The natural food flavors & enhancers market is expected to reach over USD 11.25 Billion by 2027 growing at a CAGR of 6.5% over the assessment period. Moreover, the increasing clean label requirements owing rising consumer awareness regarding the quality of ingredients used in food products is encouraging food and beverage manufacturers to opt for the use of natural flavors and enhancers in manufacturing their products, which is expected to further augment market outlook. Growing trend of incorporation of natural, plant-based ingredients in food and beverage products coupled with growing consumer awareness regarding the importance of personal health and fitness is expected to further raise the demand for natural food flavors and enhancers in the next few years.

Increasing demand from beverage industry to trigger the demand for food flavors and enhancers

Food Flavors and Enhancers Market

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Global food flavors & enhancers market from the beverage application was valued at over USD 3.495 Billion in 2020 and is expected to witness over 6.7% CAGR between 2021 and 2027. Rise in consumption of beverages which are high in nutrients, support immune system and improve digestive functions of the body should further raise the product demand from the beverage industry. Increasing usage of advanced techniques such as encapsulation technology for manufacturing flavors in order to minimize the overall production time is expected to further foster the market growth during the assessment period.

Growing consumer awareness regarding personal health and rising importance of proper body hydration is driving consumer attention towards the consumption of beverage products in the recent years. Increasing prevalence of health issues such as diabetes, obesity and high blood pressure are expected to raise the demand for healthier and specialty beverage products such as sugar-free drinks, fruit juices, sports drinks, and functional drinks, which is likely to in turn raise the demand for new innovative flavors for a better taste profile, thus escalating the industry landscape.

Rising consumption of dairy and frozen dessert products to augment growth of Asia Pacific food flavors & enhancers industry

Asia Pacific held the dominant share of over 39% in the global food flavors & enhancers market in 2020. This is mainly attributed to the rapid growth of the dairy industry and the rising consumer demand for products such as ice creams, yoghurt, and creams in the region. Revenue generated by the dairy products and eggs products in Asia Pacific is estimated to reach about USD 355.97 Billion by 2021 with average per capita consumption expected to reach nearly 37.9 kg in 2021, which indicated healthy growth opportunities for the dairy industry in the region.

The sudden outbreak of the COVID-19 pandemic has compelled consumers to rely heavily on the consumption of processed, ready-to-eat food products, which should raise the demand for flavors and enhancers from the region in the years to come. Increasing investments in the food and beverage sector coupled with the shift in consumption patterns of consumers from conventional foods to convenient foods is expected to further fuel the market outlook in the region. Asia Pacific food flavors & enhancers market is expected to reach over USD 5.5 Billion by 2027, exhibiting the highest CAGR of 6.8% over the review period.

Asia Pacific Food Flavors and Enhancers Market

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Inorganic growth strategies such as mergers and acquisitions among key players to spur market forecasts

Some of the players operating in the market are Archer Daniels Midland (ADM), Dupont, Givaudan, International Flavors & Fragrances, Firmenich, MANE, Kerry Group, Symrise, Synergy Flavors, Sensient Technologies, Taiyo International, Takasago, Flavorchem, T. Hasegawa, Bell Flavors and Fragrances, Robertet, Treatt, Tate & Lyle, Keva Flavours, McCormick & Company, Huabao Flavors & Fragrances, Wanxiang International, Solvay, Lucta and China Flavors and Fragrances.

Industry players are resorting to the adoption of inorganic growth strategies such as mergers and acquisitions to increase their market presence and enhance profits. For instance, in February 2021, International Flavours & Fragrances Inc. (IFF) merged with Dupont’s Nutrition & Biosciences (N&B) business. The newly formed company will continue to operate under the name IFF. This strategic merger would enable IFF to significantly increase its R&D spending, which would equal nearly twice that of its peers along with expanding its existing client reach and product portfolio for food flavors.

In August 2020, Glanbia Nutritionals acquired Canada-based custom flavor designer Foodarom for USD 45 Million. This acquisition would enable the company to further strengthen its position in the food flavors business.

The Global food flavors & enhancers Market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:

By Product

  • Natural
  • Artificial

By Application

  • Bakery & Confectionery
  • Food & Nutrition
  • Beverages
  • Dairy & Frozen Desserts
  • Sauces & Dressings
  • Others

The above information has been provided for the following countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Thailand
    • Indonesia
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE


Frequently Asked Questions (FAQ) :

The food flavors and enhancers industry size worldwide was over USD 8.9 billion in 2020 and will witness a robust 6.2% CAGR up to 2027.
The market share of natural food flavors and enhancers is anticipated to cross USD 11.25 billion by 2027, exhibiting a steady 6.5% growth rate.
The food flavors and enhancers industry share from beverages application segment is projected to hit more than 6.7% CAGR between 2021-2027.
APAC region was estimated to hold around 39% of the global market share during 2020 and will expand due to an expanding dairy sector and higher demand for products like ice cream and yoghurts.

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Premium Report Details

  • Published Date: Feb 2021
  • Pages: 300
  • Tables: 189
  • Charts / Figures: 35
  • Companies covered: 25
  • Countries covered: 5

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