Asia Pacific Beverage Flavoring Systems Market Size & Outlook
Asia Pacific beverage flavoring systems market, 2018-2030 (US$M)
Related Markets
Asia Pacific beverage flavoring systems market highlights
- The Asia Pacific beverage flavoring systems market generated a revenue of USD 1,873.5 million in 2024.
- The 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.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 1,873.5 million |
| Market revenue in 2030 | USD 2,716.7 million |
| Growth rate | 6.4% (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, Asia Pacific region accounted for 33.4% of the global beverage flavoring systems market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,716.7 million by 2030.
Flavoring agents was the largest segment with a revenue share of 71.12% in 2024. Horizon Databook has segmented the Asia Pacific beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
Global market players are investing in Asia Pacific to expand their geographic presence in the region. This can be attributed to the rising demand for new flavoring systems from beverage manufacturers in the region.
For instance, in April 2021, ADM opened a new laboratory in Singapore for plant-based innovations in flavors and fragrances to cater to the demands of food & beverage customers in Asia Pacific. This lab is expected to facilitate testing of flavors, textures, fats, and their binding characteristics in-house, enabling a rapid product development process.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Beverage Flavoring Systems Market Scope
Beverage Flavoring Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific beverage flavoring systems market size, by country, 2018-2030 (US$M)
Asia Pacific Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
