The Global Non-natural Flavoring Agentss Market is projected to grow at a CAGR of around 5.23% during the forecast period, i.e., 2023-28. This detailed analysis offers valuable insights into the key growth drivers, geographical dynamics, and emerging trends that are poised to shape the market's trajectory in the coming years.
The prominent factor attributed to the demand for non-natural flavoring agents has been the rising inclination of the millennials young population of the regions such as the Middle East, Asia-Pacific, etc., to opt for fruit juices, vegetable juices, savory snacks, etc., enhanced with added flavors with better taste.
Non-natural flavoring agents are widely available with different aromas essences like herbs spices, nuts, dairy, etc. This, in turn, captivated a considerable number of customers globally to consume food beverage items with the inclusion of flavors. Furthermore, the demand for non-natural flavoring agents has also been experienced during the processing preservation of perishable food as they are prone to lose their authentic flavor over a period of time.
Moreover, the increasing number of food manufacturing units in the regions such as the Middle East Africa, South America, etc., have been necessitating the demand for these flavors. The food security concerns the government’s aim to reduce import dependency on food beverage items have led to the development of various food beverage production plants in the countries such as Saudi Arabia, the UAE, Egypt, Kuwait, etc. With this implementation, the demand for non-natural flavoring agents has been gradually rising and is projected to spur in the forecast years as well. For instance:
- In 2022, Agitha announced to set up of a food beverages manufacturing unit in Saudi Arabia with an investment of nearly USD24.5 million. This greenfield investment in the Kingdom of Saudi Arabia intends to facilitate major progress toward the company's long-term profitability objective adherence to becoming a regional leader by 2025.
Non-natural flavors are also utilized in the pharmaceutical industries to include fragrance, color, and tastes of various natural ingredients in dietary supplements as well as for other medicines. Some products that require non-natural flavors in the processing are syrups, chewable tablets, suspensions, gums, and sprays, among others. It is also projected to contribute to market expansion over the next few years.
Exploring the Market Dynamics: What’s Driving the Growth of Non-natural Flavoring Agents Market?
Rising Propensity of the Customers to Opt for Exotic Aromatic Foods to Fuel the Market Growth: The demand for non-natural flavoring agents has been significantly rising in various parts of the world specifically in nations such as India, Egypt, the Philippines, Saudi Arabia, the UAE, etc., owing to the growing adoption of exotic and aromatic food items. Additionally, the rising shift of customers in these regions to try delicious food as well as change in lifestyle remains the major reason behind the notable usage of non-natural flavoring agents by food beverage manufacturers.
Moreover, the growing tourism in Middle Eastern countries like Qatar, Saudi Arabia, and the UAE, have also been resulting in the considerable usage of non-natural flavoring agents by the manufacturers of ice cream, sweet, soups sauces, etc., to please tourists. For instance, as per the ‘Government of Dubai’, tourism in the UAE ramped up by 32% in 2021 in comparison with 2020. Whereas in Qatar, tourism grew by 5% in 2021 in comparison to 2020 reported by the government of Qatar.
Therefore, the rising influx of tourism in the regions like the Middle East, Asia Pacific, etc., along with the growing preferences by consumers to opt for food items enriched with exotic flavors are predicted to amplify the growth of the Global Non-Natural Flavoring market in the coming years.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Download a sample PDF of this report to gain insights into the complete report structure - https://www.marknteladvisors.com/query/request-sample/non-natural-flavoring-agents-market.html
Key Takeaways from the Market Study:
- Historical Data: 2018-21
- Base Year: 2022
- Forecast Period: 2023-28
- CAGR (2023-2028): 23%
- Key Players to Watch: Givaudan, Keva Flavours Pvt. Ltd., Elan Chemical, Synergy Flavors, Inc., Weber Flavors, International Flavors Fragrances, Inc., Firmenich SA., Robertet Group, T.HASEGAWA CO., LTD., Symrise AG, MANE, Takasago International Corporation, MTC-SO d.o.o., McCormick Company, Inc., Others are expected to play a pivotal role in driving market growth through strategic investments, partnerships, and innovation.
Market Segmentation of Non-natural Flavoring Agents Industry
The Non-natural Flavoring Agents market is segmented as follows:
- By Flavor Type
- Plants
- Fruits
- Vegetables
- Herbs Spices
- Others (Nuts, etc.)
- Animals
- Dairy
- Meat
- Beef
- Chicken
- Fish
- Egg
- Others (Lamb Meat, etc.)
According to report , the rechargeable segment holds a larger share of the Global Non-natural Flavoring Agents Market mainly due to their lower costs.
- By Form
- Liquid
- Powder
- Others (Paste, Emulsion, etc.)
- By End Users
- Beverages
- Bakery
- Confectionery Items
- Snacks, Soups Sauces
- Dairy and Frozen Products
- Pharmaceuticals Dietary Supplements
- Animal and Pet Foods
- Others (Food Processing, Seasonings, etc.)
According to reports, offline retail holds the largest market share.
Explore further details about this research report - https://www.marknteladvisors.com/research-library/non-natural-flavoring-agents-market.html
Non-natural Flavoring Agents Market Geographical Analysis
North America
South America
Europe
Middle East Africa
Asia-Pacific
According to reports, North America holds a prominent share of the Non-natural Flavoring Agents Market
Others Reports:
Why Choose US?
At MarkNtel Advisors, we are committed to providing advanced, tailored market research solutions to meet the specific needs of our clients. Our goal is to deliver data and analysis that align with your business objectives, offering you comprehensive insights to drive informed decisions. We offer customization options for our reports to ensure they suit your unique requirements, including price trend analysis of target brands, market insights for additional countries (contact us for the list of countries), clinical trial data, literature reviews, refurbished market analysis, and product base evaluations.
Additionally, we can provide in-depth competitor analysis, ranging from technology-driven insights to market portfolio strategies. Our team is equipped to include as many competitors as you require, presenting the data in the format that best suits your needs. We offer flexible data formats, whether in raw Excel files, pivot tables (Fact book), or assistance in creating presentations based on the data sets within the report. At MarkNtel Advisors, we strive to ensure that our research not only meets but exceeds your expectations, helping you stay ahead in your industry.
Need personalized insights? Click here to customize this report- https://www.marknteladvisors.com/query/request-customization/non-natural-flavoring-agents-market.html
More Research Studies Report:
Global Electrophysiology (EP) Devices Market Report – According to MarkNtel Advisors study the Global Electrophysiology (EP) Devices Market size was valued at around USD 12 Billion in 2024 and is projected to reach USD 24 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 125.23% during the forecast period, i.e. 2025-30
Saudi Arabia Left Ventricular Assist Devices (LVADs) Market Report- According to MarkNtel Advisors study the Saudi Arabia Left Ventricular Assist Devices (LVADs) Market size was valued at around USD 21.92 million in 2024 and is projected to reach USD 42.29 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.815.23% during the forecast period, i.e., 2025-30.
Global Air Ambulance Service Market Report- According to MarkNtel Advisors study The Global Air Ambulance Service Market size was valued at around USD 6.8 Billion in 2024 and is projected to reach USD 11.9 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 105.23% during the forecast period, i.e., 2025-30.
For Further Queries:
Contact Us
MarkNtel Advisors
+1 628 895 8081, +91 120 4278433
Corporate Office: Office No.109,
H-159, Sector 63, Noida, Uttar Pradesh - 201301, India
