Food Flavors and Additives Market, Global Outlook and Forecast 2022-2028
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Food Flavors and Additives are used in foods to enhance the existing flavor in the food.
The latest research study released by Market IntelliX evaluates market size and forecasts of Food Flavors and Additives in global, including the following market information:
Global Food Flavors and Additives Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Food Flavors and Additives Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Food Flavors and Additives companies in 2021 (%)
The global Food Flavors and Additives market was valued at 20040 million in 2021 and is projected to reach US$ 30140 million by 2028, at a CAGR of 6.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Monosodium Glutamate (MSG) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Food Flavors and Additives include Fufeng, Meihua, Ajinomoto Group, Eppen, Angel Yeast, Biospringer, ABF Group, DSM and AIPU Food Industry and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Food Flavors and Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Food Flavors and Additives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Additives Market Segment Percentages, by Type, 2021 (%)
Monosodium Glutamate (MSG)
Hydrolyzed Vegetable Protein (HVP)
Yeast Extract
Others
Global Food Flavors and Additives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Additives Market Segment Percentages, by Application, 2021 (%)
Food Processing Industry
Restaurants
Home Cooking
Global Food Flavors and Additives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Additives Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Food Flavors and Additives revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Food Flavors and Additives revenues share in global market, 2021 (%)
Key companies Food Flavors and Additives sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Food Flavors and Additives sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Fufeng
Meihua
Ajinomoto Group
Eppen
Angel Yeast
Biospringer
ABF Group
DSM
AIPU Food Industry
Innova
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Food Flavors and Additives Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Food Flavors and Additives Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Food Flavors and Additives Overall Market Size
2.1 Global Food Flavors and Additives Market Size: 2021 VS 2028
2.2 Global Food Flavors and Additives Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Food Flavors and Additives Sales: 2017-2028
3 Company Landscape
3.1 Top Food Flavors and Additives Players in Global Market
3.2 Top Global Food Flavors and Additives Companies Ranked by Revenue
3.3 Global Food Flavors and Additives Revenue by Companies
3.4 Global Food Flavors and Additives Sales by Companies
3.5 Global Food Flavors and Additives Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Food Flavors and Additives Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Food Flavors and Additives Product Type
3.8 Tier 1, Tier 2 and Tier 3 Food Flavors and Additives Players in Global Market
3.8.1 List of Global Tier 1 Food Flavors and Additives Companies
3.8.2 List of Global Tier 2 and Tier 3 Food Flavors and Additives Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Food Flavors and Additives Market Size Markets, 2021 & 2028
4.1.2 Monosodium Glutamate (MSG)
4.1.3 Hydrolyzed Vegetable Protein (HVP)
4.1.4 Yeast Extract
4.1.5 Others
4.2 By Type - Global Food Flavors and Additives Revenue & Forecasts
4.2.1 By Type - Global Food Flavors and Additives Revenue, 2017-2022
4.2.2 By Type - Global Food Flavors and Additives Revenue, 2023-2028
4.2.3 By Type - Global Food Flavors and Additives Revenue Market Share, 2017-2028
4.3 By Type - Global Food Flavors and Additives Sales & Forecasts
4.3.1 By Type - Global Food Flavors and Additives Sales, 2017-2022
4.3.2 By Type - Global Food Flavors and Additives Sales, 2023-2028
4.3.3 By Type - Global Food Flavors and Additives Sales Market Share, 2017-2028
4.4 By Type - Global Food Flavors and Additives Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Food Flavors and Additives Market Size, 2021 & 2028
5.1.2 Food Processing Industry
5.1.3 Restaurants
5.1.4 Home Cooking
5.2 By Application - Global Food Flavors and Additives Revenue & Forecasts
5.2.1 By Application - Global Food Flavors and Additives Revenue, 2017-2022
5.2.2 By Application - Global Food Flavors and Additives Revenue, 2023-2028
5.2.3 By Application - Global Food Flavors and Additives Revenue Market Share, 2017-2028
5.3 By Application - Global Food Flavors and Additives Sales & Forecasts
5.3.1 By Application - Global Food Flavors and Additives Sales, 2017-2022
5.3.2 By Application - Global Food Flavors and Additives Sales, 2023-2028
5.3.3 By Application - Global Food Flavors and Additives Sales Market Share, 2017-2028
5.4 By Application - Global Food Flavors and Additives Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Food Flavors and Additives Market Size, 2021 & 2028
6.2 By Region - Global Food Flavors and Additives Revenue & Forecasts
6.2.1 By Region - Global Food Flavors and Additives Revenue, 2017-2022
6.2.2 By Region - Global Food Flavors and Additives Revenue, 2023-2028
6.2.3 By Region - Global Food Flavors and Additives Revenue Market Share, 2017-2028
6.3 By Region - Global Food Flavors and Additives Sales & Forecasts
6.3.1 By Region - Global Food Flavors and Additives Sales, 2017-2022
6.3.2 By Region - Global Food Flavors and Additives Sales, 2023-2028
6.3.3 By Region - Global Food Flavors and Additives Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Food Flavors and Additives Revenue, 2017-2028
6.4.2 By Country - North America Food Flavors and Additives Sales, 2017-2028
6.4.3 US Food Flavors and Additives Market Size, 2017-2028
6.4.4 Canada Food Flavors and Additives Market Size, 2017-2028
6.4.5 Mexico Food Flavors and Additives Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Food Flavors and Additives Revenue, 2017-2028
6.5.2 By Country - Europe Food Flavors and Additives Sales, 2017-2028
6.5.3 Germany Food Flavors and Additives Market Size, 2017-2028
6.5.4 France Food Flavors and Additives Market Size, 2017-2028
6.5.5 U.K. Food Flavors and Additives Market Size, 2017-2028
6.5.6 Italy Food Flavors and Additives Market Size, 2017-2028
6.5.7 Russia Food Flavors and Additives Market Size, 2017-2028
6.5.8 Nordic Countries Food Flavors and Additives Market Size, 2017-2028
6.5.9 Benelux Food Flavors and Additives Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Food Flavors and Additives Revenue, 2017-2028
6.6.2 By Region - Asia Food Flavors and Additives Sales, 2017-2028
6.6.3 China Food Flavors and Additives Market Size, 2017-2028
6.6.4 Japan Food Flavors and Additives Market Size, 2017-2028
6.6.5 South Korea Food Flavors and Additives Market Size, 2017-2028
6.6.6 Southeast Asia Food Flavors and Additives Market Size, 2017-2028
6.6.7 India Food Flavors and Additives Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Food Flavors and Additives Revenue, 2017-2028
6.7.2 By Country - South America Food Flavors and Additives Sales, 2017-2028
6.7.3 Brazil Food Flavors and Additives Market Size, 2017-2028
6.7.4 Argentina Food Flavors and Additives Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Food Flavors and Additives Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Food Flavors and Additives Sales, 2017-2028
6.8.3 Turkey Food Flavors and Additives Market Size, 2017-2028
6.8.4 Israel Food Flavors and Additives Market Size, 2017-2028
6.8.5 Saudi Arabia Food Flavors and Additives Market Size, 2017-2028
6.8.6 UAE Food Flavors and Additives Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Fufeng
7.1.1 Fufeng Corporate Summary
7.1.2 Fufeng Business Overview
7.1.3 Fufeng Food Flavors and Additives Major Product Offerings
7.1.4 Fufeng Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.1.5 Fufeng Key News
7.2 Meihua
7.2.1 Meihua Corporate Summary
7.2.2 Meihua Business Overview
7.2.3 Meihua Food Flavors and Additives Major Product Offerings
7.2.4 Meihua Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.2.5 Meihua Key News
7.3 Ajinomoto Group
7.3.1 Ajinomoto Group Corporate Summary
7.3.2 Ajinomoto Group Business Overview
7.3.3 Ajinomoto Group Food Flavors and Additives Major Product Offerings
7.3.4 Ajinomoto Group Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.3.5 Ajinomoto Group Key News
7.4 Eppen
7.4.1 Eppen Corporate Summary
7.4.2 Eppen Business Overview
7.4.3 Eppen Food Flavors and Additives Major Product Offerings
7.4.4 Eppen Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.4.5 Eppen Key News
7.5 Angel Yeast
7.5.1 Angel Yeast Corporate Summary
7.5.2 Angel Yeast Business Overview
7.5.3 Angel Yeast Food Flavors and Additives Major Product Offerings
7.5.4 Angel Yeast Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.5.5 Angel Yeast Key News
7.6 Biospringer
7.6.1 Biospringer Corporate Summary
7.6.2 Biospringer Business Overview
7.6.3 Biospringer Food Flavors and Additives Major Product Offerings
7.6.4 Biospringer Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.6.5 Biospringer Key News
7.7 ABF Group
7.7.1 ABF Group Corporate Summary
7.7.2 ABF Group Business Overview
7.7.3 ABF Group Food Flavors and Additives Major Product Offerings
7.7.4 ABF Group Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.7.5 ABF Group Key News
7.8 DSM
7.8.1 DSM Corporate Summary
7.8.2 DSM Business Overview
7.8.3 DSM Food Flavors and Additives Major Product Offerings
7.8.4 DSM Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.8.5 DSM Key News
7.9 AIPU Food Industry
7.9.1 AIPU Food Industry Corporate Summary
7.9.2 AIPU Food Industry Business Overview
7.9.3 AIPU Food Industry Food Flavors and Additives Major Product Offerings
7.9.4 AIPU Food Industry Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.9.5 AIPU Food Industry Key News
7.10 Innova
7.10.1 Innova Corporate Summary
7.10.2 Innova Business Overview
7.10.3 Innova Food Flavors and Additives Major Product Offerings
7.10.4 Innova Food Flavors and Additives Sales and Revenue in Global (2017-2022)
7.10.5 Innova Key News
8 Global Food Flavors and Additives Production Capacity, Analysis
8.1 Global Food Flavors and Additives Production Capacity, 2017-2028
8.2 Food Flavors and Additives Production Capacity of Key Manufacturers in Global Market
8.3 Global Food Flavors and Additives Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Food Flavors and Additives Supply Chain Analysis
10.1 Food Flavors and Additives Industry Value Chain
10.2 Food Flavors and Additives Upstream Market
10.3 Food Flavors and Additives Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Food Flavors and Additives Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Food Flavors and Additives Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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