Aroma Ingredients for Food and Beverages Market Size, Segments, and Trends by 2030
Aroma Ingredients for Food and Beverages Market: Strategic Insights
Aroma Ingredients for Food and Beverages Market
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CAGR (2022 - 2030)4.1% -
Market Size 2022
US$ 1.21 Billion -
Market Size 2030
US$ 1.67 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing consumer demand for natural flavors
- Growth in the global food industry
- Rising interest in plant-based food products
FUTURE TRENDS
- Shift towards clean-label ingredients
- Growing preference for vegan flavors
- Increased focus on functional ingredients
OPPORTUNITIES
- Introduction of innovative, sustainable flavors
- Expansion of online flavor ingredient marketplaces
- Development of health-conscious flavor solutions
Key Players
- International Flavors Fragrances Inc
- Sensient Technologies Corp
- T Hasegawa Co Ltd
- BASF SE
- V Mane Fils Sas
- Symrise AG
- Firmenich International SA
- Archer Daniels Midland Co
- Kerry Group Plc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Synthetic
- Natura
Application
- Bakery and Confectionery
- Dairy and Frozen Desserts
- Beverages
- Sweet and Savory Snacks
- RTE and RTC Meals