Europe Beverage Flavoring Systems Market Size & Outlook
Europe beverage flavoring systems market, 2018-2030 (US$M)
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Europe beverage flavoring systems market highlights
- The Europe beverage flavoring systems market generated a revenue of USD 1,318.1 million in 2024.
- The market is expected to grow at a CAGR of 6% 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, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,318.1 million |
| Market revenue in 2030 | USD 1,869.3 million |
| Growth rate | 6% (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, Europe region accounted for 23.5% 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 71.21% in 2024. Horizon Databook has segmented the Europe beverage flavoring systems market based on flavoring agents, flavoring carriers, flavor enhancers covering the revenue growth of each sub-segment from 2018 to 2030.
Consumers in Europe have high spending power, which results in the increased consumption of alcoholic and non-alcoholic beverages in the region. Surging beverage production in Europe is expected to support the consumption of flavoring systems in the region.
Eurostat reported that spending on food and nonalcoholic beverages was ~13% of total household expenditure in 2019 for member states of the European Union (EU - 27), while it was ~4% for alcoholic beverages and tobacco in the same year.
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Beverage Flavoring Systems Market Scope
Beverage Flavoring Systems Market Companies
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Europe beverage flavoring systems market size, by country, 2018-2030 (US$M)
Europe Beverage Flavoring Systems Market Outlook Share, 2024 & 2030 (US$M)
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