Global Liquid Flavor Market Size & Outlook, 2023-2030
Global liquid flavor market, 2018-2030 (US$M)
Global liquid flavor market highlights
- The global liquid flavor market generated a revenue of USD 11,462.6 million in 2023 and is expected to reach USD 14,293.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.2% by 2030.
- In terms of segment, organic flavor concentrates accounted for a revenue of USD 11,462.6 million in 2023.
- Organic Flavor Concentrates is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 11,462.6 million |
| Market revenue in 2030 | USD 14,293.7 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Organic flavor concentrates |
| Fastest growing segment | Organic Flavor Concentrates |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic Flavor Concentrates |
Other key industry trends
- In terms of revenue, the North America accounted for 31.5% of the global liquid flavor market in 2023.
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Liquid Flavor Market Scope
Liquid Flavor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global liquid 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 liquid flavor market will help companies and investors design strategic landscapes.
Organic flavor concentrates was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global liquid flavor market based on organic flavor concentrates covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Liquid Flavor Product Outlook (Revenue, USD Million, 2018-2030)
- Organic Flavor Concentrates
- Flavor Extracts
- Artificial Flavor Liquids
- Global Liquid Flavor Application Outlook (Revenue, USD Million, 2018-2030)
- Beverages
- Bakery & confectionaries
- Dairy & frozen foods
- Processed foods
- Others
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global liquid flavor market databook
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Our clientele includes a mix of liquid 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 global-level data and insights on the Global liquid flavor market , including forecasts for subscribers. This global databook contains high-level insights into Global liquid flavor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global liquid flavor market size, by regions, 2018-2030 (US$M)
Related regional statistics
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