UK Natural Flavors And Fragrances Market Size & Outlook
UK natural flavors and fragrances market, 2018-2030 (US$M)
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UK natural flavors and fragrances market highlights
- The UK natural flavors and fragrances market generated a revenue of USD 847.7 million in 2022 and is expected to reach USD 1,114.0 million by 2030.
- The UK market is expected to grow at a CAGR of 3.5% 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 847.7 million |
| Market revenue in 2030 | USD 1,114.0 million |
| Growth rate | 3.5% (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, UK accounted for 3.9% 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 Europe, Germany natural 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 1,665.5 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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UK 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 78.42% in 2022. Horizon Databook has segmented the UK natural flavors and fragrances market based on essential oils, oleoresins covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of a well-developed food & beverage industry and well-informed consumers has emerged as the major factor propelling the demand for essential oil and floral extracts in the country. According to Food and Drink Federation (FDF), the food & beverage sector contributed 20% of the total UK manufacturing sector in 2020.
In the UK, the majority of the population is seeking a healthy lifestyle. Due to this, aromatherapy and other natural remedies are becoming increasingly popular as a means to a healthy lifestyle. Several companies are developing cosmetic products infused with essential oils and marketing them as products with aromatherapy benefits. This, in turn, is further expected to positively impact the demand for the natural flavors & fragrances market.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK natural flavors and fragrances market , including forecasts for subscribers. This country databook contains high-level insights into UK natural flavors and fragrances market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK natural flavors and fragrances market size, by product, 2018-2030 (US$M)
UK Natural Flavors And Fragrances Market Outlook Share, 2022 & 2030 (US$M)
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