TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 18

1.1 MARKET ATTRACTIVENESS ANALYSIS 20

1.1.1 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY 21

1.1.2 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE 22

1.1.3 GLOBAL FOOD FLAVORS MARKET, BY APPLICATION 23

1.1.4 GLOBAL FOOD FLAVORS MARKET, BY REGION 24

2 MARKET INTRODUCTION 25

2.1 DEFINITION 25

2.2 SCOPE OF THE STUDY 25

2.3 RESEARCH OBJECTIVE 25

2.4 MARKET STRUCTURE 26

2.5 KEY BUYING CRITERIA 26

3 RESEARCH METHODOLOGY 27

3.1 RESEARCH PROCESS 27

3.2 PRIMARY RESEARCH 28

3.3 SECONDARY RESEARCH 29

3.4 MARKET SIZE ESTIMATION 30

3.5 FORECAST MODEL 31

3.6 LIST OF ASSUMPTIONS 32

4 MARKET DYNAMICS 33

4.1 INTRODUCTION 33

4.2 DRIVERS 34

4.2.1 GROWTH OF APPLICATION INDUSTRIES 34

4.2.2 INCREASING DEMAND FOR NATURAL FOOD INGREDIENTS 34

4.2.3 TECHNOLOGICAL IMPROVEMENTS 35

4.2.4 DRIVERS IMPACT ANALYSIS 35

4.3 RESTRAINT 36

4.3.1 STRINGENT GOVERNMENT REGULATIONS 36

4.3.2 RESTRAINT IMPACT ANALYSIS 37

4.4 OPPORTUNITIES 37

4.4.1 FOCUS ON RESEARCH & DEVELOPMENT 37

4.4.2 GROWING CONSUMER AWARENESS OF NATURAL FOOD FLAVORS IN EMERGING ECONOMIES 37

4.5 CHALLENGE 38

4.5.1 CHANCES OF FOOD ALLERGY AND INTOLERANCE 38

5 MARKET FACTOR ANALYSIS 39

5.1 VALUE CHAIN ANALYSIS 39

5.1.1 RAW MATERIAL PROCUREMENT 40

5.1.2 PROCESSING 40

5.1.3 PACKAGING 40

5.2 SUPPLY CHAIN ANALYSIS 41

5.3 PORTER’S FIVE FORCES MODEL 42

5.3.1 THREAT OF NEW ENTRANTS 43

5.3.2 BARGAINING POWER OF SUPPLIERS 43

5.3.3 THREAT OF SUBSTITUTES 43

5.3.4 BARGAINING POWER OF BUYERS 43

5.3.5 INTENSITY OF RIVALRY 43

5.4 CATEGORY INSIGHTS 44

5.4.1 PRICING TREND, 2023-2030 (HISTORIC & FORECAST) 44

5.4.2 PRICING ANALYSIS 44

5.4.3 RAW MATERIAL ANALYSIS 44

5.4.3.1 NATURAL FLAVORING MATERIALS 44

5.4.3.2 SYNTHETIC FLAVORING MATERIALS 47

5.4.4 CONTRACT TERMS & PRACTICE 47

5.4.5 LIST OF SUPPLIERS OF GLOBAL FOOD FLAVORS 48

6 GLOBAL FOOD FLAVORS MARKET, BY CATEGORY 52

6.1 OVERVIEW 52

6.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY CATEGORY, 2023 TO 2030 53

6.2 SYNTHETIC 53

6.2.1 SYNTHETIC MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 53

6.3 NATURAL 54

6.3.1 NATURAL MARKET ESTIMATES & FORECAST BY REGION, 2023 TO 2030 54

7 GLOBAL FOOD FLAVORS MARKET, BY FLAVOR TYPE 55

7.1 OVERVIEW 55

7.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY FLAVOR TYPE, 2023 TO 2030 56

7.2 CHOCOLATE 56

7.2.1 CHOCOLATE: MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 56

7.3 VANILLA 57

7.3.1 VANILLA MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 57

7.4 FRUIT & NUT 57

7.4.1 FRUIT & NUT MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 57

7.5 SPICES 58

7.5.1 SPICES MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 58

7.6 OTHERS 58

7.6.1 OTHERS MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 58

8 GLOBAL FOOD FLAVORS MARKET, BY APPLICATION 59

8.1 OVERVIEW 59

8.1.1 GLOBAL FOOD FLAVORS MARKET ESTIMATES & FORECAST BY APPLICATION, 2023 TO 2030 60

8.2 BEVERAGES 60

8.2.1 BEVERAGES: MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 60

8.3 FOOD 61

8.3.1 HYDRAULICS MARKET ESTIMATES & FORECAST BY REGION,2023 TO 2030 61

9 GLOBAL FOOD FLAVORS MARKET, BY REGION 62

9.1 OVERVIEW 62

9.2 NORTH AMERICA 64

9.2.1 US 66

9.2.2 CANADA 68

9.2.3 MEXICO 70

9.3 EUROPE 73

9.3.1 UK 75

9.3.2 GERMANY 77

9.3.3 FRANCE 79

9.3.4 ITALY 81

9.3.5 SPAIN 83

9.3.6 REST OF EUROPE 85

9.4 ASIA-PACIFIC 88

9.4.1 CHINA 90

9.4.2 INDIA 92

9.4.3 JAPAN 94

9.4.4 AUSTRALIA & NEW ZEALAND 96

9.4.5 REST OF ASIA-PACIFIC 98

9.5 REST OF WORLD 101

9.5.1 SOUTH AMERICA 103

9.5.2 MIDDLE EAST 105

9.5.3 AFRICA 107

10 COMPETITIVE LANDSCAPE 110

10.1 INTRODUCTION 110

10.1.1 INTRODUCTION 110

10.2 COMPETITIVE BENCHMARKING 111

10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 112

10.3.1 ACQUISITION 112

10.3.2 MERGER 112

10.3.3 AGREEMENT 113

10.3.4 EXPANSION 113

11 COMPANY PROFILES 114

11.1 GIVAUDAN SA 114

11.1.1 COMPANY OVERVIEW 114

11.1.2 FINANCIAL ANALYSIS 115

11.1.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 116

11.1.4 KEY DEVELOPMENTS 116

11.1.5 SWOT ANALYSIS 117

11.1.6 KEY STRATEGIES 117

11.2 INTERNATIONAL FLAVORS & FRAGRANCES INC. 118

11.2.1 COMPANY OVERVIEW 118

11.2.2 FINANCIAL OVERVIEW 119

11.2.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 119

11.2.4 KEY DEVELOPMENTS 120

11.2.5 SWOT ANALYSIS 120

11.2.6 KEY STRATEGIES 120

11.3 FIRMENICH SA 121

11.3.1 COMPANY OVERVIEW 121

11.3.2 FINANCIAL OVERVIEW 122

11.3.3 PRODUCTS/SERVICES/SOLUTIONS 0FFERED 122

11.3.4 KEY DEVELOPMENTS 123

11.3.5 SWOT ANALYSIS 123

11.3.6 KEY STRATEGIES 123

11.4 SYMRISE AG 124

11.4.1 COMPANY OVERVIEW 124

11.4.2 FINANCIAL OVERVIEW 125

11.4.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 125

11.4.4 KEY DEVELOPMENTS 127

11.4.5 SWOT ANALYSIS 127

11.4.6 KEY STRATEGIES 127

11.5 TAKASAGO INTERNATIONAL CORPORATION 128

11.5.1 COMPANY OVERVIEW 128

11.5.2 FINANCIAL ANALYSIS 129

11.5.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 130

11.5.4 KEY DEVELOPMENTS 130

11.5.5 KEY STRATEGIES 130

11.6 SENSIENT TECHNOLOGIES CORPORATION 131

11.6.1 COMPANY OVERVIEW 131

11.6.2 FINANCIAL OVERVIEW 132

11.6.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 133

11.6.4 KEY DEVELOPMENTS 133

11.6.5 SWOT ANALYSIS 134

11.6.6 KEY STRATEGIES 134

11.7 T. HASEGAWA CO., LTD 135

11.7.1 COMPANY OVERVIEW 135

11.7.2 FINANCIAL OVERVIEW 136

11.7.3 PRODUCTS/SERVICES/SOLUTIONS 0FFERED 136

11.7.4 KEY DEVELOPMENTS 137

11.7.5 SWOT ANALYSIS 137

11.7.6 KEY STRATEGIES 137

11.8 KERRY GROUP PLC 138

11.8.1 COMPANY OVERVIEW 138

11.8.2 FINANCIAL OVERVIEW 139

11.8.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 140

11.8.4 KEY DEVELOPMENTS 140

11.8.5 SWOT ANALYSIS 141

11.8.6 KEY STRATEGIES 141

11.9 MANE SA 142

11.9.1 COMPANY OVERVIEW 142

11.9.2 FINANCIAL ANALYSIS 142

11.9.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 142

11.9.4 KEY DEVELOPMENTS 142

11.9.5 SWOT ANALYSIS 143

11.9.6 KEY STRATEGIES 143

11.10 HUABAO INTERNATIONAL HOLDINGS LIMITED 144

11.10.1 COMPANY OVERVIEW 144

11.10.2 FINANCIAL OVERVIEW 145

11.10.3 PRODUCTS/SERVICES/SOLUTIONS OFFERED 145

11.10.4 KEY DEVELOPMENTS 146

11.10.5 SWOT ANALYSIS 146

11.10.6 KEY STRATEGIES 146

12 REFERENCES 147