Natural Flavours Market Size, Share, Industry, Forecast and outlook (2024-2031)

The rising demand for healthy, clean-label food and beverages is fueling the Natural Flavors Market, especially in Asia-Pacific and Europe. Consumers are increasingly seeking alternatives to artificial ingredients, boosting natural flavor adoption.

High costs of raw materials and seasonal availability of natural sources limit market growth. Additionally, competition from established artificial flavoring companies poses challenges.

The Food & Beverage segment dominates the market and is expected to grow significantly due to changing lifestyles and increasing disposable income. Consumers are opting for healthy, nutritious products with natural flavors.

Givaudan, Firmenich, Symrise, Sensient Technologies, Robertet, ADM, T. Hasegawa, Axxence, Gold Coast Ingredients, Treatt Plc, and Blue Specific Flavors are some prominent players. They are adopting organic and inorganic strategies like product launches and collaborations to strengthen their market positions.