Brazil Natural Flavors And Fragrances Market Size & Outlook
Brazil natural flavors and fragrances market, 2018-2030 (US$M)
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Brazil natural flavors and fragrances market highlights
- The Brazil natural flavors and fragrances market generated a revenue of USD 767.5 million in 2022 and is expected to reach USD 1,373.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, essential oils was the largest revenue generating product in 2022.
- Essential Oils is the most lucrative product segment registering the fastest growth during the forecast period.
Natural flavors and fragrances market data book summary
| Market revenue in 2022 | USD 767.5 million |
| Market revenue in 2030 | USD 1,373.9 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Essential oils |
| Fastest growing segment | Essential Oils |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Essential Oils, Oleoresins |
| Key market players worldwide | MANE, Blue Pacific Solar, Biolandes, Young Living, Basf SE, Symrise AG, Falcon Oil & Gas Ltd, DSM Firmenich AG, Givaudan SA, International Flavors & Fragrances Inc, Flavex Naturextrakte, Sensient Technologies Corp, Takasago International Corp, T Hasegawa Co Ltd, Robertet SA, McCormick & Co Inc, Kerry Group PLC Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.5% of the global natural flavors and fragrances market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil natural flavors and fragrances market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,373.9 million by 2030.
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Natural Flavors And Fragrances Market Scope
Natural Flavors And Fragrances Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil natural 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 natural flavors and fragrances market will help companies and investors design strategic landscapes.
Essential oils was the largest segment with a revenue share of 84.95% in 2022. Horizon Databook has segmented the Brazil natural flavors and fragrances market based on essential oils, oleoresins covering the revenue growth of each sub-segment from 2018 to 2030.
According to The Drinks Business, Brazil stood 3rd in beer production globally, in the year 2020. Craft beers are widely consumed in the country. Various natural flavors are used in the making of these craft beers. For instance, Eisenbahn Saison beer uses raspberry, strawberry, and blackberry extracts along with slight pink pepper flavor for its spiciness.
Apart from aforementioned beer brand, Colorado Demoiselle is another famous beer brand that has natural flavor ingredients such as coffee extracts as a vital ingredient used in the production. The rising usage of natural flavoring ingredients in beer production coupled with increasing beer production in Brazil is anticipated to propel the market demand.
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Our clientele includes a mix of natural 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 Brazil natural flavors and fragrances market , including forecasts for subscribers. This country databook contains high-level insights into Brazil natural flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil natural flavors and fragrances market size, by product, 2018-2030 (US$M)
Brazil Natural Flavors And Fragrances Market Outlook Share, 2022 & 2030 (US$M)
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