The global natural X flavoring market is estimated to reach a value of US$ 2,326.8 million, surging at 9.3% CAGR by 2033. Around 65% of global consumers plan to reduce artificial ingredient consumption over the next year. This bodes well for natural ingredients, including natural X flavors.
The report also notes that 63% of consumers in the United States prefer flavors derived from natural sources rather than artificial sources, as it can negatively impact their health. About 32% of global food and beverage manufacturers plan to incorporate natural X flavoring into their products to gain a competitive advantage over other players operating in the market.
Natural flavors are set to be used in various industries, including food & and beverage, dairy, confectionery, bakery, snacks, pharmaceuticals, and personal care. These are anticipated to play an essential role in augmenting the sensory experience of products.
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Consumers progressively seek products with identifiable ingredients and minimal processing. This trend has fueled the popularity of natural flavors instead of other synthetic flavors.
The natural X flavoring market is closely linked with the clean label movement. Customers prefer goods with clear, easy-to-understand ingredient lists, and natural flavors fit well with this preference. The market is also benefiting from the rising prominence of wellness and health. Natural flavors are often considered healthier alternatives to artificial additives.
The surge of veganism and plant-based diets has further fueled demand for natural flavors derived from plants, reflecting a wider shift toward sustainable and ethical consumption. Continuous advancements in extraction approaches, analytical techniques, and formulation technology have also prolonged the possibilities for generating authentic and compound natural flavors.
Key Takeaways from the Natural X Flavoring Market Study:
- The North America natural X flavoring market is estimated to reach US$ 960.0 million in 2023.
- The United States holds the leading market share of 2% of the natural X flavoring market in North America.
- In form, liquid is expected to hold a market share of 2% in 2023.
- In East Asia, China is set to generate the leading natural X flavoring market share of 7% in the estimated time frame.
- The global natural X flavoring market grew at a CAGR of 5% from 2018 to 2022.
“Over the long term, shifting consumer preferences toward natural and herbal ingredients, coupled with a readiness to invest in premium natural X flavorings, is anticipated to offer lucrative prospects for market stakeholders.” – says Nandini Roy Choudhury, Client Partner for Food & Beverages at Future Market Insights, Inc.
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Competitive Landscape:
The competitive landscape in the natural X flavoring market is marked by key players, including Symrise and Synergy, who are at the forefront of innovation and quality in the industry. These companies would leverage their extensive expertise to develop a wide range of natural X flavors, meeting the diverse needs of consumers and manufacturers.
Their commitment to sustainability and ethical sourcing aligns with the growing emphasis on responsible ingredients, further bolstering their market position. Their strong product portfolios, global presence, and focus on consumer preferences would make them crucial contributors to growth, driving innovation and excellence in the natural X flavor business.
For instance,
- In March 2022, Flavorchem, a United States-based company, launched Citrus Vacation, a new line of citrus flavor enhancers.
- In May 2021, Synergy Flavors Inc. acquired Innova Flavors, a distinguished manufacturer of delicious flavors and elements.
- In September 2020, PepsiCo’s Tropicana brand announced the launch of Tropicana Lean, a new line of fruit juices in three flavors: citrus, mixed berry, and tropical fruit. These juices contain 40% less sugar and 40% fewer calories.
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Get More Valuable Insights into Natural X Flavoring Market
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the natural X flavoring market, presenting historical demand data (2018 to 2022) and forecast statistics from 2023 to 2033.
The study incorporates compelling insights on the natural X flavoring market based on form (liquid and powder), end-user (food & and beverage processing industry and dairy products), flavors (vanilla, lemon, lime, orange, apple, apricot, orchard, peach, pear, black currant, blueberry, cherry, raspberry, others [passion fruit, banana]), and region.
Natural X Flavoring Market Segmentation:
By Form:
- Liquid
- Powder
By End-user:
- Food and Beverage Processing Industry
- Bakery Products
- Confectionary
- Fondants and Dry Mixes
- Desserts
- Chocolates
- Cakes and Pastries
- Beverages
- Others (Sauces, Spreads & Dressing, Syrups)
- Dairy Products
- Yogurt
- Milk
- Ice Creams
- Others
By Flavors:
- Vanilla
- Lemon
- Lime
- Orange
- Apple
- Apricot
- Orchard
- Peach
- Pear
- Black Currant
- Blueberry
- Cherry
- Raspberry
- Others (Passion Fruit, Banana)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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