Global Natural Flavor Extract Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Natural flavor extracts are the ingredients which are derived from natural sources such as vegetables, fruits, plants, flowers, herbs, spices etc. The Natural Flavor Extract market is expected to boost with the increasing awareness of the benefits of natural products in the forecast period at an alarming rate. For instance: According to the Annual Reviews of Resource Economics in 2018, the demand for natural and organic food is rising rapidly worldwide. In Germany, around 50% of the population is adopting organic and natural food products. Similarly, according to the Better Health in 2019, the Australian natural or Organic food industry reached around USD 2.9 billion which includes 1.9 billion domestic sales and USD 6.9 billion in exports. The rising demand from end-user industries is another major factor enhancing the market growth. Whereas, growing health consciousness & rising R&D activities coupled with the development of natural flavor extracts create lucrative opportunities for the market. However, procrastination in the supply chain and fluctuating prices impede the market growth in the forecast period of 2022-2028.
The key regions considered for the global Natural Flavor Extract market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is deemed as the leading region across the Natural Flavor Market owing to the factors such as presence of key players, rising R&D activities coupled with the growing investment in food and beverage industry. Whereas, the Asia Pacific is anticipated as the fastest growing region across the globe owing to the factors such as rising awareness of natural and organic food products, and rising spending on a healthy diet.
Major market players included in this report are:
LorAnn Oils
Gold Coast Ingredients, Inc.
Dohler SA
Sensient Technologies Corp.
Symrise AG
Givaudan SA
The Edlong Corporation
McCormick & Company, Inc.
Flavor Producers, LLC
Innova Flavors
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Sources:
Vegetables
Fruits & Other Plant Parts
Herbs & Spices
By Nature:
Organic
Conventional
By Form:
Dry
Liquid
By End-use:
Food & Beverage
Processed Food
Dairy Products
Bakery & Confectionery
Energy & Soft Drinks
Pharmaceuticals
Dietary Supplements
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Natural Flavor Extract Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Natural Flavor Extract Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Natural Flavor Extract Market, by Sources, 2020-2028 (USD Billion)
- 1.2.3. Natural Flavor Extract Market, by Nature, 2020-2028 (USD Billion)
- 1.2.4. Natural Flavor Extract Market, by Form, 2020-2028 (USD Billion)
- 1.2.5. Natural Flavor Extract Market, by End-use, 2020-2028 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Natural Flavor Extract Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Natural Flavor Extract Market Dynamics
- 3.1. Natural Flavor Extract Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing awareness of the benefits of natural products
- 3.1.1.2. Rising demand from end-user industries
- 3.1.1.3. Growing threat of allergies and side effects from artificial flavours
- 3.1.2. Market Challenges
- 3.1.2.1. Procrastination in supply chain and fluctuating prices
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing health consciousness
- 3.1.3.2. Rising R&D activities coupled with the development of natural flavor extracts
Chapter 4. Global Natural Flavor Extract Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Natural Flavor Extract Market, by Sources
- 6.1. Market Snapshot
- 6.2. Global Natural Flavor Extract Market by Sources, Performance - Potential Analysis
- 6.3. Global Natural Flavor Extract Market Estimates & Forecasts by Sources ,2018-2028 (USD Billion)
- 6.4. Natural Flavor Extract Market, Sub Segment Analysis
- 6.4.1. Vegetables
- 6.4.2. Fruits & Other Plant Parts
- 6.4.3. Herbs & Spices
Chapter 7. Global Natural Flavor Extract Market, by Nature
- 7.1. Market Snapshot
- 7.2. Global Natural Flavor Extract Market by Nature, Performance - Potential Analysis
- 7.3. Global Natural Flavor Extract Market Estimates & Forecasts by Nature, 2018-2028 (USD Billion)
- 7.4. Natural Flavor Extract Market, Sub Segment Analysis
- 7.4.1. Organic
- 7.4.2. Conventional
Chapter 8. Global Natural Flavor Extract Market, by Form
- 8.1. Market Snapshot
- 8.2. Global Natural Flavor Extract Market by Form, Performance - Potential Analysis
- 8.3. Global Natural Flavor Extract Market Estimates & Forecasts by Form, 2018-2028 (USD Billion)
- 8.4. Natural Flavor Extract Market, Sub Segment Analysis
Chapter 9. Global Natural Flavor Extract Market, by End-use
- 9.1. Market Snapshot
- 9.2. Global Natural Flavor Extract Market by End-use, Performance - Potential Analysis
- 9.3. Global Natural Flavor Extract Market Estimates & Forecasts by End-use, 2018-2028 (USD Billion)
- 9.4. Natural Flavor Extract Market, Sub Segment Analysis
- 9.4.1. Food & Beverage
- 9.4.2. Processed Food
- 9.4.3. Dairy Products
- 9.4.4. Bakery & Confectionery
- 9.4.5. Energy & Soft Drinks
- 9.4.6. Pharmaceutical
- 9.4.7. Dietary Supplements
- 9.4.8. Other
Chapter 10. Global Natural Flavor Extract Market, Regional Analysis
- 10.1. Natural Flavor Extract Market, Regional Market Snapshot
- 10.2. North America Natural Flavor Extract Market
- 10.2.1. U.S. Natural Flavor Extract Market
- 10.2.1.1. Sources breakdown estimates & forecasts, 2018-2028
- 10.2.1.2. Nature breakdown estimates & forecasts, 2018-2028
- 10.2.1.3. Form breakdown estimates & forecasts, 2018-2028
- 10.2.1.4. End-use breakdown estimates & forecasts, 2018-2028
- 10.2.2. Canada Natural Flavor Extract Market
- 10.3. Europe Natural Flavor Extract Market Snapshot
- 10.3.1. U.K. Natural Flavor Extract Market
- 10.3.2. Germany Natural Flavor Extract Market
- 10.3.3. France Natural Flavor Extract Market
- 10.3.4. Spain Natural Flavor Extract Market
- 10.3.5. Italy Natural Flavor Extract Market
- 10.3.6. Rest of Europe Natural Flavor Extract Market
- 10.4. Asia-Pacific Natural Flavor Extract Market Snapshot
- 10.4.1. China Natural Flavor Extract Market
- 10.4.2. India Natural Flavor Extract Market
- 10.4.3. Japan Natural Flavor Extract Market
- 10.4.4. Australia Natural Flavor Extract Market
- 10.4.5. South Korea Natural Flavor Extract Market
- 10.4.6. Rest of Asia Pacific Natural Flavor Extract Market
- 10.5. Latin America Natural Flavor Extract Market Snapshot
- 10.5.1. Brazil Natural Flavor Extract Market
- 10.5.2. Mexico Natural Flavor Extract Market
- 10.6. Rest of The World Natural Flavor Extract Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. LorAnn Oils
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Gold Coast Ingredients, Inc.
- 11.2.3. Dohler SA
- 11.2.4. Sensient Technologies Corp.
- 11.2.5. Symrise AG
- 11.2.6. Givaudan SA
- 11.2.7. The Edlong Corporation
- 11.2.8. McCormick & Company, Inc.
- 11.2.9. Flavor Producers, LLC
- 11.2.10. Innova Flavors
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption