Food & Beverage Ingredients · Direct
Monitoring · monthlyProcurement Category Intelligence
Flavours - Synthetic
Overview
Market size
$16.0B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
5
tracked players
Signals
12
monitored
Market outlook
2031$19.7B
What changed
Demand by region
Asia Pacific demand35%
North America demand30%
Europe demand20%
Latin America demand10%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Chemical raw materials and feedstocks40%
Manufacturing and processing energy25%
Labor and technical expertise15%
Packaging and regulatory compliance10%
Logistics and outbound distribution10%
share of delivered cost (analyst estimate)