China Beverage Flavoring Systems Market Size & Outlook
Related Markets
China beverage flavoring systems market highlights
- The China beverage flavoring systems market generated a revenue of USD 607.0 million in 2024 and is expected to reach USD 878.6 million by 2030.
- The China 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 607.0 million |
| Market revenue in 2030 | USD 878.6 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, China accounted for 10.8% 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 Asia Pacific, China beverage flavoring systems market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 700.4 million by 2030.
Flavoring agents was the largest segment with a revenue share of 70.91% in 2024. Horizon Databook has segmented the China 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 rising population of China has resulted in growing consumption of food & beverage products. The county has witnessed increasing demand for packaged beverages such as ready-to-drink tea & coffee, energy drinks, and fruit juices as they are considered instant energy boosters.
Hence, market players have been focusing on expanding their flavoring production capacities in the country to cater to the growing consumer demand. For instance, in May 2020, Symrise made investments to build its new flavorings and fragrances production site at Nantong, China. The investment was made in anticipation of continued expansion of the Chinese food & beverage market.
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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 |
China beverage flavoring systems market size, by ingredients, 2018-2030 (US$M)
China Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
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