Middle East & Africa Biotech Flavor Market Size & Outlook
Middle East & Africa biotech flavor market, 2015-2025 (US$M)
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MEA biotech flavor market highlights
- The MEA biotech flavor market generated a revenue of USD 2,987.8 million in 2018.
- The market is expected to grow at a CAGR of 7.1% from 2019 to 2025.
- In terms of segment, vanilla was the largest revenue generating type in 2018.
- Fruity Flavor is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Israel is expected to register the highest CAGR from 2019 to 2025.
MEA data book summary
| Market revenue in 2018 | USD 2,987.8 million |
| Market revenue in 2025 | USD 4,832.3 million |
| Growth rate | 7.1% (CAGR from 2018 to 2025) |
| Largest segment | Vanilla |
| Fastest growing segment | Fruity Flavor |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vanilla, Fruity Flavor |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.3% of the global biotech flavor market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,090.3 million by 2025.
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Biotech Flavor Market Scope
Biotech Flavor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa biotech flavor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biotech flavor market will help companies and investors design strategic landscapes.
Vanilla was the largest segment with a revenue share of 40.27% in 2018. Horizon Databook has segmented the Middle East & Africa biotech flavor market based on vanilla, fruity flavor covering the revenue growth of each sub-segment from 2015 to 2025.
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Target buyers of Middle East & Africa biotech flavor market databook
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Our clientele includes a mix of biotech flavor market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa biotech flavor market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa biotech flavor market from 2015 to 2025, including revenue numbers, major trends, and company profiles.
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MEA biotech flavor market size, by country, 2015-2025 (US$M)
Middle East & Africa Biotech Flavor Market Outlook Share, 2018 & 2025 (US$M)
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