North America Meat Flavors Market Size & Outlook
The meat flavors market in North America is expected to reach a projected revenue of US$ 1,406.1 million by 2030. A compound annual growth rate of 6% is expected of North America meat flavors market from 2024 to 2030.
Revenue, 2023 (US$M)
$934.7
Forecast, 2030 (US$M)
$1,406.1
CAGR, 2024 - 2030
6%
Report Coverage
North America
North America meat flavors market, 2018-2030 (US$M)
North America meat flavors market highlights
- The North America meat flavors market generated a revenue of USD 934.7 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, natural flavor was the largest revenue generating type in 2023.
- Natural Flavor is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 934.7 million |
| Market revenue in 2030 | USD 1,406.1 million |
| Growth rate | 6% (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 |
| Key market players worldwide | Givaudan SA, Kerry Group PLC Class A, International Flavors & Fragrances Inc, Symrise AG, Sensient Technologies Corp, Takasago International Corp, Robertet SA |
Other key industry trends
- In terms of revenue, North America region accounted for 25.4% of the global meat flavors market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 1,184.0 million by 2030.
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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 |
|---|
Related regional statistics
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