Market Overview:
The global natural food flavors and colors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural food flavors and colors from the beverage, sweet, and savory applications. In addition, the growing awareness about the benefits of using natural ingredients is also contributing to the growth of this market. On the basis of type, vegetable flavor accounted for a major share of the global natural food flavors and colors market in 2017. This segment is projected to grow at a CAGR of 7% during 2018-2030 owing to its increasing demand from various applications such as beverage, sweet, savory, etc. Fruit flavor is another key segment in this market which is projected grow at a CAGR close to 7%.
Product Definition:
A natural food flavor is a flavoring agent that is derived from a plant or animal source. Natural food colors are colors that are derived from plant or animal sources.
The use of natural flavors and colors in foods is important because they provide the consumer with flavors and colors that are familiar and appealing. Many consumers prefer to eat foods that contain ingredients that are naturally derived, which is why the use of natural flavors and colors is becoming more popular in the food industry.
Vegetable Flavor:
Vegetable flavor is the essence or extractive essence derived from a vegetable source such as vegetables, fruits, herbs and spices. The most commonly used flavoring agents are onion, garlic, peppermint and lemongrass. Other common flavors include gingerroot (ginger extract), turmeric/curcumin (tumeric), cumin seeds (curry powder) and cardamom pods/beans (cardamom).
Fruit Flavor:
Fruit flavor and it's usage in natural food flavors and colors market is expected to witness significant growth over the forecast period. The primary drivers for this market are increasing demand from confectionery, dairy, baked goods, beverages & soft serve industries coupled with growing consumer preference towards naturally derived products.
The fruit flavor industry has been witnessing tremendous growth over the past few years owing to changing consumer preferences towards naturally derived ingredients in their diet.
Application Insights:
Beverage was the dominant application segment in 2015 and accounted for over 60% of the global market share. Beverages, particularly carbonated soft drinks, fruit juices, and alcoholic beverages are major consumers of natural flavors. The growing demand for organic beverages is expected to have a positive impact on market growth over the forecast period.
The increasing consumption of functional foods with health benefits is projected to boost product demand in nutritional supplements applications during the study period. Growing consumer awareness regarding personal health coupled with rising incidences related to obesity across various regions is anticipated to drive product demand from savory applications during future years.
Increasing use of artificial food colors in confectionery products such as chocolates has generated significant concern among regulatory authorities worldwide due to adverse effects on human health caused by exposure to chemicals present in these products at high levels (overdose).
Regional Analysis:
North America was the largest market for natural food flavors and colors, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its lead over the forecast period owing to increasing awareness among consumers regarding health benefits associated with natural ingredients coupled with rising demand from various end-use industries such as cosmetics, pharmaceuticals, and nutraceuticals.
Asia Pacific is projected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 due to rapid urbanization along with growing population in countries such as China and India has resulted in increased consumption of processed foods that require flavoring agents containing artificial flavors rather than natural ones resulting into an opportunity for industry participants over the next eight years. Furthermore, increasing foreign direct investments by major companies including PepsiCo Inc.; Nestl© S.A.; Coca Cola Company; Hershey Company; General Mills Inc.; Kellogg Co., etc.
Growth Factors:
- Increasing demand for natural flavors and colors from the food and beverage industry as consumers are becoming more health conscious.
- Rising awareness about the benefits of natural flavors and colors among consumers.
- Growing trend of using organic ingredients in food products.
- Proliferation of new product launches containing natural flavors and colors across different food categories.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Food Flavors and Colors Market Research Report
By Type
Vegetable Flavor, Fruit Flavor, Spices, Others, Natural Food Colors, Caramel Color, Lutein, Capsanthin, Others
By Application
Beverage, Sweet, Savory, Others
By Companies
Synthite, Gajanand, Ungerer & Company, Kotanyi, McCormick, Givaudan, DSM, Dharampal Satyapal Group, Fuchs, TAKASAGO, Haldin, KIS, Symrise, Sensient, Prova, Akay Flavous and Aromatics, San-Ei-Gen, Nilon, MDH Spices, Mane SA, AVT Natural, Everest Spices, WILD, Frutarom, ACH Food Companies, Synergy Flavors, Plant Lipids, Wang Shouyi, Anji Foodstuff, Yongyi Food
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Natural Food Flavors and Colors Market Report Segments:
The global Natural Food Flavors and Colors market is segmented on the basis of:
Types
Vegetable Flavor, Fruit Flavor, Spices, Others, Natural Food Colors, Caramel Color, Lutein, Capsanthin, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Beverage, Sweet, Savory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Synthite
- Gajanand
- Ungerer & Company
- Kotanyi
- McCormick
- Givaudan
- DSM
- Dharampal Satyapal Group
- Fuchs
- TAKASAGO
- Haldin
- KIS
- Symrise
- Sensient
- Prova
- Akay Flavous and Aromatics
- San-Ei-Gen
- Nilon
- MDH Spices
- Mane SA
- AVT Natural
- Everest Spices
- WILD
- Frutarom
- ACH Food Companies
- Synergy Flavors
- Plant Lipids
- Wang Shouyi
- Anji Foodstuff
- Yongyi Food
Highlights of The Natural Food Flavors and Colors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vegetable Flavor
- Fruit Flavor
- Spices
- Others
- Natural Food Colors
- Caramel Color
- Lutein
- Capsanthin
- Others
- By Application:
- Beverage
- Sweet
- Savory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Food Flavors and Colors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Natural food flavors and colors are those that occur in foods as they are eaten. These flavors and colors come from the ingredients used in the food, as well as from natural sources such as herbs and spices.
Some of the key players operating in the natural food flavors and colors market are Synthite, Gajanand, Ungerer & Company, Kotanyi, McCormick, Givaudan, DSM, Dharampal Satyapal Group, Fuchs, TAKASAGO, Haldin, KIS, Symrise, Sensient, Prova, Akay Flavous and Aromatics, San-Ei-Gen, Nilon, MDH Spices, Mane SA, AVT Natural, Everest Spices, WILD, Frutarom, ACH Food Companies, Synergy Flavors, Plant Lipids, Wang Shouyi, Anji Foodstuff, Yongyi Food.
The natural food flavors and colors market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Natural Food Flavors and Colors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Natural Food Flavors and Colors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Natural Food Flavors and Colors Market - Supply Chain
4.5. Global Natural Food Flavors and Colors Market Forecast
4.5.1. Natural Food Flavors and Colors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Natural Food Flavors and Colors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Natural Food Flavors and Colors Market Absolute $ Opportunity
5. Global Natural Food Flavors and Colors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Natural Food Flavors and Colors Market Size and Volume Forecast by Type
5.3.1. Vegetable Flavor
5.3.2. Fruit Flavor
5.3.3. Spices
5.3.4. Others
5.3.5. Natural Food Colors
5.3.6. Caramel Color
5.3.7. Lutein
5.3.8. Capsanthin
5.3.9. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Natural Food Flavors and Colors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Natural Food Flavors and Colors Market Size and Volume Forecast by Application
6.3.1. Beverage
6.3.2. Sweet
6.3.3. Savory
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Natural Food Flavors and Colors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Natural Food Flavors and Colors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Natural Food Flavors and Colors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Natural Food Flavors and Colors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Natural Food Flavors and Colors Demand Share Forecast, 2019-2029
9. North America Natural Food Flavors and Colors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Natural Food Flavors and Colors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Natural Food Flavors and Colors Market Size and Volume Forecast by Application
9.4.1. Beverage
9.4.2. Sweet
9.4.3. Savory
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Natural Food Flavors and Colors Market Size and Volume Forecast by Type
9.7.1. Vegetable Flavor
9.7.2. Fruit Flavor
9.7.3. Spices
9.7.4. Others
9.7.5. Natural Food Colors
9.7.6. Caramel Color
9.7.7. Lutein
9.7.8. Capsanthin
9.7.9. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Natural Food Flavors and Colors Demand Share Forecast, 2019-2029
10. Latin America Natural Food Flavors and Colors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Natural Food Flavors and Colors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Natural Food Flavors and Colors Market Size and Volume Forecast by Application
10.4.1. Beverage
10.4.2. Sweet
10.4.3. Savory
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Natural Food Flavors and Colors Market Size and Volume Forecast by Type
10.7.1. Vegetable Flavor
10.7.2. Fruit Flavor
10.7.3. Spices
10.7.4. Others
10.7.5. Natural Food Colors
10.7.6. Caramel Color
10.7.7. Lutein
10.7.8. Capsanthin
10.7.9. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Natural Food Flavors and Colors Demand Share Forecast, 2019-2029
11. Europe Natural Food Flavors and Colors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Natural Food Flavors and Colors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Natural Food Flavors and Colors Market Size and Volume Forecast by Application
11.4.1. Beverage
11.4.2. Sweet
11.4.3. Savory
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Natural Food Flavors and Colors Market Size and Volume Forecast by Type
11.7.1. Vegetable Flavor
11.7.2. Fruit Flavor
11.7.3. Spices
11.7.4. Others
11.7.5. Natural Food Colors
11.7.6. Caramel Color
11.7.7. Lutein
11.7.8. Capsanthin
11.7.9. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Natural Food Flavors and Colors Demand Share, 2019-2029
12. Asia Pacific Natural Food Flavors and Colors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Natural Food Flavors and Colors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Natural Food Flavors and Colors Market Size and Volume Forecast by Application
12.4.1. Beverage
12.4.2. Sweet
12.4.3. Savory
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Natural Food Flavors and Colors Market Size and Volume Forecast by Type
12.7.1. Vegetable Flavor
12.7.2. Fruit Flavor
12.7.3. Spices
12.7.4. Others
12.7.5. Natural Food Colors
12.7.6. Caramel Color
12.7.7. Lutein
12.7.8. Capsanthin
12.7.9. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Natural Food Flavors and Colors Demand Share, 2019-2029
13. Middle East & Africa Natural Food Flavors and Colors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Natural Food Flavors and Colors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Natural Food Flavors and Colors Market Size and Volume Forecast by Application
13.4.1. Beverage
13.4.2. Sweet
13.4.3. Savory
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Natural Food Flavors and Colors Market Size and Volume Forecast by Type
13.7.1. Vegetable Flavor
13.7.2. Fruit Flavor
13.7.3. Spices
13.7.4. Others
13.7.5. Natural Food Colors
13.7.6. Caramel Color
13.7.7. Lutein
13.7.8. Capsanthin
13.7.9. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Natural Food Flavors and Colors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Natural Food Flavors and Colors Market: Market Share Analysis
14.2. Natural Food Flavors and Colors Distributors and Customers
14.3. Natural Food Flavors and Colors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Synthite
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gajanand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ungerer & Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kotanyi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. McCormick
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Givaudan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DSM
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dharampal Satyapal Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fuchs
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TAKASAGO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Haldin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KIS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Symrise
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sensient
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Prova
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Akay Flavous and Aromatics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. San-Ei-Gen
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nilon
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. MDH Spices
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mane SA
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