Market revenue in 2024 | USD 340.7 million |
Market revenue in 2030 | USD 463.0 million |
Growth rate | 5.2% (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 |
Flavoring agents was the largest segment with a revenue share of 71.35% in 2024. Horizon Databook has segmented the Middle East & Africa 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 beverage market has grown gradually in countries such as Saudi Arabia, the United Arab Emirates (UAE), and South Africa in the Middle East & Africa. The key market players have been adopting various strategies such as new flavor developments and capacity expansions to cater to the varied demands of beverage manufacturers in the Middle East & Africa and enhance their position in beverage flavoring systems market in the region.
For instance, in August 2020, Symrise opened state-of-the-art development, application, and sensory laboratories in Dubai. These laboratories were developed to cater to the increasing demand for flavors from beverage, culinary, dairy, snacks, and confectionery brands operating in the Middle East & Africa.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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