Global Meat Flavors Market Size & Outlook, 2023-2030
The meat flavors industry worldwide is expected to reach a projected revenue of US$ 5,431.0 million by 2030. A compound annual growth rate of 5.7% is expected of the worldwide meat flavors industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,680.0
Forecast, 2030 (US$M)
$5,431.0
CAGR, 2024 - 2030
5.7%
Report Coverage
Worldwide
Global meat flavors market, 2018-2030 (US$M)
Global meat flavors market highlights
- The global meat flavors market generated a revenue of USD 3,680.0 million in 2023 and is expected to reach USD 5,431.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.7% by 2030.
- In terms of segment, natural flavor accounted for a revenue of USD 3,680.0 million in 2023.
- Natural Flavor is the most lucrative type 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 3,680.0 million |
| Market revenue in 2030 | USD 5,431.0 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Natural flavor |
| Fastest growing segment | Natural Flavor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Flavor |
Other key industry trends
- In terms of revenue, the North America accounted for 25.4% of the global meat flavors market in 2023.
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Meat Flavors Market Scope
Meat flavors market segmentation & scope
Source
Beef
Chicken
Pork
Lamb
Others
Form
Liquid
Powder
Paste
Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Brazil
UAE
Australia
China
India
Japan
South Korea
Meat Flavors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global meat flavors market size, by regions, 2018-2030 (US$M)
Related regional statistics
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