Global Beverage Flavoring Systems Market Size & Outlook
The beverage flavoring systems industry worldwide is expected to reach a projected revenue of US$ 7,927.3 million by 2030. A compound annual growth rate of 6% is expected of the worldwide beverage flavoring systems industry from 2025 to 2030.
Revenue, 2024 (US$M)
$5,604.3
Forecast, 2030 (US$M)
$7,927.3
CAGR, 2025 - 2030
6%
Report Coverage
Worldwide
Global beverage flavoring systems market, 2018-2030 (US$M)
Related Markets
Global beverage flavoring systems market highlights
- The global beverage flavoring systems market generated a revenue of USD 5,604.3 million in 2024 and is expected to reach USD 7,927.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
- In terms of segment, flavoring agents accounted for a revenue of USD 3,990.5 million in 2024.
- Flavoring carriers is the most lucrative ingredients segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,604.3 million |
| Market revenue in 2030 | USD 7,927.3 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Flavoring agents |
| Fastest growing segment | Flavoring carriers |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flavoring agents, Flavoring carriers, Flavor enhancers |
Other key industry trends
- In terms of revenue, the North America accounted for 27.6% of the global beverage flavoring systems market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 700.4 million by 2030.
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Beverage Flavoring Systems Market Scope
Beverage flavoring systems market segmentation & scope
Beverage Flavoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global beverage flavoring systems market size, by regions, 2018-2030 (US$M)
Top 10 countries: Beverage flavoring systems market size, 2024 (US$M)
Global beverage flavoring systems market share, by ingredients, 2024 & 2030 (%, US$M)
Beverage flavoring systems market: Opportunity assessment by country
Global beverage flavoring systems market, by region, 2024 (US$M)
| Ingredients | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,232.4 | 1,297.2 | 1,303.4 | 1,343.3 | 1,401.9 | 1,471.5 | 1,547.4 | 1,630.2 | 1,719.1 | 1,814.6 | 1,917.1 | 2,027.4 | 2,145.9 | 5.7% |
| Europe | 1,027.1 | 1,085.0 | 1,094.1 | 1,131.8 | 1,185.5 | 1,248.9 | 1,318.1 | 1,393.9 | 1,475.3 | 1,563.0 | 1,657.5 | 1,759.4 | 1,869.3 | 6.0% |
| Asia Pacific | 1,426.8 | 1,513.1 | 1,531.7 | 1,590.5 | 1,672.3 | 1,768.4 | 1,873.5 | 1,988.6 | 2,112.7 | 2,246.7 | 2,391.3 | 2,547.6 | 2,716.7 | 6.4% |
| Latin America | 415.1 | 437.3 | 439.9 | 453.9 | 474.2 | 498.3 | 524.6 | 553.3 | 584.1 | 617.3 | 652.9 | 691.2 | 732.5 | 5.8% |
| MEA | 276.7 | 290.3 | 290.8 | 298.8 | 310.8 | 325.1 | 340.7 | 357.8 | 376.0 | 395.6 | 416.5 | 438.9 | 463.0 | 5.3% |
| Overall | 4,378.1 | 4,622.9 | 4,659.9 | 4,818.3 | 5,044.8 | 5,312.2 | 5,604.3 | 5,923.8 | 6,267.3 | 6,637.1 | 7,035.4 | 7,464.5 | 7,927.3 | 6.0% |
Related regional statistics
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