France Flavors And Fragrances Market Size & Outlook
France flavors and fragrances market, 2018-2030 (US$M)
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France flavors and fragrances market highlights
- The France flavors and fragrances market generated a revenue of USD 876.6 million in 2022 and is expected to reach USD 1,071.3 million by 2030.
- The France market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
- In terms of segment, natural flavors & fragrances was the largest revenue generating product in 2022.
- Natural Flavors & Fragrances is the most lucrative product segment registering the fastest growth during the forecast period.
Flavors and fragrances market data book summary
| Market revenue in 2022 | USD 876.6 million |
| Market revenue in 2030 | USD 1,071.3 million |
| Growth rate | 2.5% (CAGR from 2022 to 2030) |
| Largest segment | Natural flavors & fragrances |
| Fastest growing segment | Natural Flavors & Fragrances |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Flavors & Fragrances, Aroma Chemicals |
| Key market players worldwide | Sensient Technologies Corp, MANE, Takasago International Corp, Alpha Aromatics, Ozone Naturals, Elevance Renewable Sciences, DSM Firmenich AG, Symrise AG, Vigon International, Basf SE, Indo World, Akay, Ungerer & Company, Synthite, Flavex Naturextrakte, DoTERRA, Young Living, Biolandes, International Flavors & Fragrances Inc, Givaudan SA |
Other key industry trends
- In terms of revenue, France accounted for 3.0% of the global flavors and fragrances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany flavors and fragrances market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,055.0 million by 2030.
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Flavors And Fragrances Market Scope
Flavors And Fragrances Market Companies
| Name | Profile | # Employees | HQ | Website |
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France flavors and fragrances 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 flavors and fragrances market will help companies and investors design strategic landscapes.
Natural flavors & fragrances was the largest segment with a revenue share of 71.61% in 2022. Horizon Databook has segmented the France flavors and fragrances market based on natural flavors & fragrances, aroma chemicals covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth in France is driven by growing demand from the food and beverage sector. Shifting consumer preferences coupled with increasing demand for flavored food and beverages are some of the major factors which is expected to fuel the market demand over the forecast period.
Industry players are using new technologies to produce enhanced varieties of natural and synthetic flavors for its use in various end use industries. France has emerged as one of the prominent producers of beverages such as wine, spirits and beer. The consumption habits of consumers in France are changing rapidly owing to growing interest in premium beers and expected to be a growth driver of alcoholic drinks in France.
The beverages sector will continue its dominance over the flavors market in France during the forecast period. France is also a prominent producer of dairy and meat products and the importance of ready to eat meals is growing rapidly that will further fuel the demand for aroma chemicals market in France.
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Our clientele includes a mix of flavors and fragrances market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France flavors and fragrances market , including forecasts for subscribers. This country databook contains high-level insights into France flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France flavors and fragrances market size, by product, 2018-2030 (US$M)
France Flavors And Fragrances Market Outlook Share, 2022 & 2030 (US$M)
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