천연 향료 추출물 시장 예측(-2030년) : 유형별, 향료 유형별, 소스별, 형상별, 용도별, 지역별 세계 분석

According to Stratistics MRC, the Global Natural Flavor Extract Market is accounted for $5461.5 million in 2024 and is expected to reach $8763.4 million by 2030 growing at a CAGR of 8.2% during the forecast period. A natural flavor extract is a concentrated ingredient used to improve or add taste to food and drinks that comes from natural sources, such as plant materials (fruits, vegetables, herbs, and spices) or animal products. The essence of the original taste is preserved in the finished product because to the several methods used to acquire these extracts, which include fermentation, cold pressing, and distillation. Customers looking for genuine, organically derived products choose natural flavor extracts since they are devoid of chemicals and additives, in contrast to artificial flavors, which are manufactured artificially. They are frequently employed in the food business to provide unique and identifiable tastes without compromising the product's overall safety or quality.

Market Dynamics:

Driver:

Rising Consumer Demand for Natural Products

Rising customer desire for natural goods is propelling the market, as growing health consciousness and environmental concerns are driving consumers to seek out clean-label, organic, and non-synthetic products. This desire is supported by natural flavor extracts, which are made from fruits, vegetables, herbs, and spices and provide genuine taste profiles free of artificial ingredients. The increasing acceptance of plant-based diets and regulatory backing for natural ingredients are contributing factors to this trend. Natural flavor extracts are therefore being used by food producers to satisfy changing customer demands, thus it propels market expansion.

Restraint:

High Cost of Natural Ingredients

The high cost of natural ingredients severely limits the expansion of the business. High manufacturing costs result from the premium pricing of raw ingredients such organic fruits, herbs, and spices, which lowers the affordability of products for customers. Manufacturers struggle to strike a balance between price and quality, which restricts their ability to grow their markets. The demand for natural flavor extracts is further restrained in price-sensitive areas by this cost barrier, which also promotes the use of synthetic substitutes, which limits market expansion.

Opportunity:

Expansion of the Food and Beverage Industry

The rise of the food and beverage sector has a substantial impact on the natural flavor extract market, boosting demand for genuine, health-conscious, and sustainable ingredients. Adoption in drinks, snacks, confections, and savory meals is aided by consumers' increasing appreciation for natural tastes and clean-label products. Furthermore, the utilization of natural extracts to satisfy changing taste and health trends is being driven by innovation in the ready-to-eat and functional food categories. This expansion increases product development and commercial prospects by encouraging cooperation between food makers and flavor houses.

Threat:

Complex Extraction Processes

Complex extraction techniques in the industry might result in greater production costs and lower profitability. These procedures frequently need for highly skilled workers and sophisticated technologies, which restricts small-scale businesses' capacity to grow. They may also lead to lengthier manufacturing schedules, which would reduce the effectiveness of the supply chain. Environmental issues brought on by waste production and energy use also pose difficulties, impeding industry expansion and sustainability.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the natural flavor extract market, accelerating demand for health-focused and clean-label products. Supply chain disruptions initially hampered production and distribution. However, a shift in consumer preferences toward natural, immune-boosting ingredients drove market growth. Increased home cooking and baking further boosted the demand for natural flavor extracts in retail segments, while the foodservice sector faced temporary setbacks due to lockdowns and dining restrictions.

The herbs & spices segment is expected to be the largest during the forecast period

The herbs & spices segment is expected to be the largest during the forecast period due to rising consumer demand for clean-label, organic, and authentic flavoring solutions. Their health benefits, rich aromatic profiles, and versatility make them vital in food, beverage, and pharmaceutical applications. Spices like turmeric and cinnamon and herbs such as basil and mint are increasingly used for their functional and sensory appeal. Their role in enhancing taste and aligning with wellness trends propels market growth, particularly in natural product categories.

The protein hydrolysate segment is expected to have the highest CAGR during the forecast period

The protein hydrolysate segment is expected to have the highest CAGR during the forecast period as it enhances taste profiles and functional benefits. Derived from plant or animal sources, they act as natural flavor enhancers, improving umami, savory, and overall taste perception. Their clean-label appeal aligns with growing consumer demand for natural, healthier ingredients. Additionally, their compatibility with various applications, such as snacks, beverages, and seasonings, supports diverse product innovation. The rise in health-conscious consumers seeking natural flavors amplifies their impact in this expanding market.

Region with largest share:

North America is anticipated to hold the largest market share during the forecast period as Health-conscious consumers increasingly prefer natural over synthetic flavors in food and beverages. Regulatory support for natural ingredients and the growing trend of plant-based diets further fuel market growth. Key sectors like snacks, beverages, and convenience foods benefit from innovative flavor solutions. Additionally, heightened awareness of health and wellness enhances the adoption of natural flavor extracts in diverse applications across the region.

Region with highest CAGR:

Asia Pacific is. Additionally, regulatory support for natural additives and the growing popularity of plant-anticipated to witness the highest CAGR over the forecast period because the usage of natural flavor extracts in snacks, drinks, and dairy products is growing due to growing health consciousness and the desire for real taste in food and drink. The market's influence in Asia-Pacific is increased by the region's thriving food processing sector and rising disposable income, which encourage market development based on diets.

Key players in the market

Some of the key players in Natural Flavor Extract market include Givaudan SA, Firmenich SA, Symrise AG, International Flavors & Fragrances Inc, Takasago International Corporation, Robertet SA, Sensient Technologies Corporation, Kerry Group plc, Mane SA, T. Hasegawa Co., Ltd, Archer Daniels Midland Company, Naturex SA, Frutarom Industries Ltd., Synergy Flavors, Dohler GmbH, Blue Pacific Flavors, Inc., Keva Flavours Pvt. Ltd. and Young Living Essential Oils, LC.

Key Developments:

In December 2024, Dohler is partnered with The Perfect Puree to launch a lineup of freeze-dried fruit products under the Tastecraft brand in North America.

In October 2024, Dohler integrated solutions, has announced a joint venture with FGF Trapani, aims to revolutionise the use of citrus fibres as natural texturisers in food and beverage applications.

In May 2024, Dohler Announced key expansion of Paarl Plant to Deepen Local Market Connection, which shows Dohler's commitment to being at the forefront of the food, beverage and life science and nutrition industry in the region.

Types Covered:

• Fruits
• Vegetables
• Herbs & Spices
• Other Types

Flavor Types Covered:

• Essential Oils
• Oleoresins
• Extracts
• Aroma Chemicals
• Essences
• Distillates
• Protein Hydrolysate
• Other Flavour Types

Sources Covered:

• Plant-Based
• Animal-Based

Forms Covered:

• Liquid
• Powder
• Paste
• Emulsions

Applications Covered:

• Food
• Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Animal and Pet foods
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Natural Flavor Extract Market, By Type

• 5.1 Introduction
• 5.2 Fruits
• 5.3 Vegetables
• 5.4 Herbs & Spices
• 5.5 Other Types

6 Global Natural Flavor Extract Market, By Flavor Type

• 6.1 Introduction
• 6.2 Essential Oils
• 6.3 Oleoresins
• 6.4 Extracts
• 6.5 Aroma Chemicals
• 6.6 Essences
• 6.7 Distillates
• 6.8 Protein Hydrolysate
• 6.9 Other Flavour Types

7 Global Natural Flavor Extract Market, By Source

• 7.1 Introduction
• 7.2 Plant-Based
• 7.3 Animal-Based

8 Global Natural Flavor Extract Market, By Form

• 8.1 Introduction
• 8.2 Liquid
• 8.3 Powder
• 8.4 Paste
• 8.5 Emulsions

9 Global Natural Flavor Extract Market, By Application

• 9.1 Introduction
• 9.2 Food
• 9.3 9.3.1 Bakery & Confectionery
  • 9.3.2 Dairy & Frozen Products
  • 9.3.3 Snacks & Savory Items
• 9.4 Beverages
  • 9.4.1 Alcoholic Beverages
  • 9.4.2 Non-Alcoholic Beverages
• 9.5 Pharmaceuticals
• 9.6 Cosmetics & Personal Care
• 9.7 Animal and Pet foods
• 9.8 Other Applications

10 Global Natural Flavor Extract Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Givaudan SA
• 12.2 Firmenich SA
• 12.3 Symrise AG
• 12.4 International Flavors & Fragrances Inc
• 12.5 Takasago International Corporation
• 12.6 Robertet SA
• 12.7 Sensient Technologies Corporation
• 12.8 Kerry Group plc
• 12.9 Mane SA
• 12.10 T. Hasegawa Co., Ltd
• 12.11 Archer Daniels Midland Company
• 12.12 Naturex SA
• 12.13 Frutarom Industries Ltd.
• 12.14 Synergy Flavors
• 12.15 Dohler GmbH
• 12.16 Blue Pacific Flavors, Inc.
• 12.17 Keva Flavours Pvt. Ltd.
• 12.18 Young Living Essential Oils, LC