Global Natural Flavors Sales Market Report 2020

Flavors are used as food additives to enhancing the taste and smell of food products such as beverages, bakery and snacks, dairy products, soups, sauces or confectionary products. While natural flavors is a kind of flavors with raw material of flowers, plant or animals.
The technical barriers of natural flavor are relatively not high, but the market monopoly is rather serious. The top four enterprises including Givaudan, Firmenich, IFF, and Symrise, occupied about 56.26% market share of total sales revenue in 2016. Other relatively large companied include Takasago, WILD Flavors, Mane, Frutarom, Sensient, Robertet SA, T. Hasegawa, Kerry and Boton.
Natural flavor are widely used in beverage, savoury, dairy and confectionary etc.. The key factors driving the growth of the aforementioned industry are increasingly natural flavor consumption. The expansions of application drive the market growth and support the growth of this market over forecast period. Natural flavor industry will usher in a stable growth space.
In the past few years, the price of natural flavor decreased and we expect the price has pressure to increase in short time. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of natural flavor. Therefore, to some extent, the companies face the risk of profit decline.

Market Analysis and Insights: Global Natural Flavors Market
The global Natural Flavors market size is projected to reach US$ 17590 million by 2026, from US$ 14150 million in 2020, at a CAGR of 3.7% during 2021-2026.

Global Natural Flavors Scope and Market Size
The global Natural Flavors market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Natural Flavors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Natural Flavors market is segmented into
Animal Flavors
Plant Flavors

Segment by Application, the Natural Flavors market is segmented into
Beverage
Savoury
Dairy
Confectionary
Others

The Natural Flavors market is analysed and market size information is provided by regions (countries). Segment by Application, the Natural Flavors market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Natural Flavors Market Share Analysis
Natural Flavors market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Natural Flavors business, the date to enter into the Natural Flavors market, Natural Flavors product introduction, recent developments, etc.

The major vendors covered:
Givaudan
Firmenich
IFF
Symrise
Takasago
WILD Flavors
Mane
International Flavors＆Fragrances
Sensient
Robertet SA
T. Hasegawa
Kerry
McCormick
Synergy Flavor
Prova
Huabao
Yingyang
Shanghai Apple
Wanxiang International
Boton