Italy Beverage Flavoring Systems Market Size & Outlook
Related Markets
Italy beverage flavoring systems market highlights
- The Italy beverage flavoring systems market generated a revenue of USD 170.3 million in 2024 and is expected to reach USD 247.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.4% from 2025 to 2030.
- In terms of segment, flavoring agents was the largest revenue generating ingredients in 2024.
- Flavoring carriers is the most lucrative ingredients segment registering the fastest growth during the forecast period.
Beverage flavoring systems market data book summary
| Market revenue in 2024 | USD 170.3 million |
| Market revenue in 2030 | USD 247.1 million |
| Growth rate | 6.4% (CAGR from 2025 to 2030) |
| Largest segment | Flavoring agents |
| Fastest growing segment | Flavoring carriers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flavoring agents, Flavoring carriers, Flavor enhancers |
Other key industry trends
- In terms of revenue, Italy accounted for 3.0% of the global beverage flavoring systems market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany beverage flavoring systems market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 282.4 million by 2030.
Flavoring agents was the largest segment with a revenue share of 71.34% in 2024. Horizon Databook has segmented the Italy beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of beverage flavoring systems market in Italy is expected to be driven by the increasing adoption of the strategy of flavoring systems production capacity expansions and surging R&D investments in flavoring systems by the key players.
In March 2021, Italy-based Agrumaria Reggina Srl, which develops new flavor and fragrance ingredients, opened its Taste Innovation Center in Northern Italy. It is the R&D center for the development of new products for the beverage brands of the company, including soft drinks, nectars, juice-based beverages, iced tea, aromatic and enhanced water, spirits, and alcohol along with food products.
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Beverage Flavoring Systems Market Scope
Beverage Flavoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ADM | View profile | - | Chicago, Illinois, United States, North America | https://www.adm.com |
| DohlerGroup | View profile | 5001-10000 | Darmstadt, Hessen, Germany, Europe | https://www.doehler.com/ |
| Takasago International Corp | View profile | 3913 | Nissay Aroma Square 17F, 5-37-1, Kamata, Ohta-ku, Tokyo, Japan, 144-8721 | http://www.takasago.com |
| Givaudan SA | View profile | 16263 | Chemin de la Parfumerie 5, Vernier, Switzerland, 1214 | https://www.givaudan.com |
| DSM | View profile | 10001+ | Heerlen, Limburg, The Netherlands, Europe | http://www.dsm.com |
| International Flavors & Fragrances Inc | View profile | 21500 | 521 West 57th Street, New York, NY, United States, 10019-2960 | https://www.iff.com |
| Tate & Lyle PLC | View profile | 4591 | 5 Marble Arch, London, United Kingdom, W1H 7EJ | https://www.tateandlyle.com |
| Kerry Group PLC Class A | View profile | 21000 | Prince's Street, Tralee, Kerry, Ireland, V92 EH11 | https://www.kerry.com |
| Sensient Technologies Corp | View profile | 3956 | 777 East Wisconsin Avenue, Milwaukee, WI, United States, 53202-5304 | https://www.sensient.com |
Italy beverage flavoring systems market size, by ingredients, 2018-2030 (US$M)
Italy Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
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