Food Flavors and Ingredients Market, Global Outlook and Forecast 2022-2028
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Food Flavors and Ingredients 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 Ingredients in global, including the following market information:
Global Food Flavors and Ingredients Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Food Flavors and Ingredients Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Food Flavors and Ingredients companies in 2021 (%)
The global Food Flavors and Ingredients 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 Ingredients 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 Ingredients 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 Ingredients Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Ingredients Market Segment Percentages, by Type, 2021 (%)
Monosodium Glutamate (MSG)
Hydrolyzed Vegetable Protein (HVP)
Yeast Extract
Others
Global Food Flavors and Ingredients Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Ingredients Market Segment Percentages, by Application, 2021 (%)
Food Processing Industry
Restaurants
Home Cooking
Global Food Flavors and Ingredients Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Food Flavors and Ingredients 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 Ingredients revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Food Flavors and Ingredients revenues share in global market, 2021 (%)
Key companies Food Flavors and Ingredients sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Food Flavors and Ingredients 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 Ingredients Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Food Flavors and Ingredients 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 Ingredients Overall Market Size
2.1 Global Food Flavors and Ingredients Market Size: 2021 VS 2028
2.2 Global Food Flavors and Ingredients Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Food Flavors and Ingredients Sales: 2017-2028
3 Company Landscape
3.1 Top Food Flavors and Ingredients Players in Global Market
3.2 Top Global Food Flavors and Ingredients Companies Ranked by Revenue
3.3 Global Food Flavors and Ingredients Revenue by Companies
3.4 Global Food Flavors and Ingredients Sales by Companies
3.5 Global Food Flavors and Ingredients Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Food Flavors and Ingredients Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Food Flavors and Ingredients Product Type
3.8 Tier 1, Tier 2 and Tier 3 Food Flavors and Ingredients Players in Global Market
3.8.1 List of Global Tier 1 Food Flavors and Ingredients Companies
3.8.2 List of Global Tier 2 and Tier 3 Food Flavors and Ingredients Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Food Flavors and Ingredients 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 Ingredients Revenue & Forecasts
4.2.1 By Type - Global Food Flavors and Ingredients Revenue, 2017-2022
4.2.2 By Type - Global Food Flavors and Ingredients Revenue, 2023-2028
4.2.3 By Type - Global Food Flavors and Ingredients Revenue Market Share, 2017-2028
4.3 By Type - Global Food Flavors and Ingredients Sales & Forecasts
4.3.1 By Type - Global Food Flavors and Ingredients Sales, 2017-2022
4.3.2 By Type - Global Food Flavors and Ingredients Sales, 2023-2028
4.3.3 By Type - Global Food Flavors and Ingredients Sales Market Share, 2017-2028
4.4 By Type - Global Food Flavors and Ingredients Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Food Flavors and Ingredients 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 Ingredients Revenue & Forecasts
5.2.1 By Application - Global Food Flavors and Ingredients Revenue, 2017-2022
5.2.2 By Application - Global Food Flavors and Ingredients Revenue, 2023-2028
5.2.3 By Application - Global Food Flavors and Ingredients Revenue Market Share, 2017-2028
5.3 By Application - Global Food Flavors and Ingredients Sales & Forecasts
5.3.1 By Application - Global Food Flavors and Ingredients Sales, 2017-2022
5.3.2 By Application - Global Food Flavors and Ingredients Sales, 2023-2028
5.3.3 By Application - Global Food Flavors and Ingredients Sales Market Share, 2017-2028
5.4 By Application - Global Food Flavors and Ingredients Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Food Flavors and Ingredients Market Size, 2021 & 2028
6.2 By Region - Global Food Flavors and Ingredients Revenue & Forecasts
6.2.1 By Region - Global Food Flavors and Ingredients Revenue, 2017-2022
6.2.2 By Region - Global Food Flavors and Ingredients Revenue, 2023-2028
6.2.3 By Region - Global Food Flavors and Ingredients Revenue Market Share, 2017-2028
6.3 By Region - Global Food Flavors and Ingredients Sales & Forecasts
6.3.1 By Region - Global Food Flavors and Ingredients Sales, 2017-2022
6.3.2 By Region - Global Food Flavors and Ingredients Sales, 2023-2028
6.3.3 By Region - Global Food Flavors and Ingredients Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Food Flavors and Ingredients Revenue, 2017-2028
6.4.2 By Country - North America Food Flavors and Ingredients Sales, 2017-2028
6.4.3 US Food Flavors and Ingredients Market Size, 2017-2028
6.4.4 Canada Food Flavors and Ingredients Market Size, 2017-2028
6.4.5 Mexico Food Flavors and Ingredients Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Food Flavors and Ingredients Revenue, 2017-2028
6.5.2 By Country - Europe Food Flavors and Ingredients Sales, 2017-2028
6.5.3 Germany Food Flavors and Ingredients Market Size, 2017-2028
6.5.4 France Food Flavors and Ingredients Market Size, 2017-2028
6.5.5 U.K. Food Flavors and Ingredients Market Size, 2017-2028
6.5.6 Italy Food Flavors and Ingredients Market Size, 2017-2028
6.5.7 Russia Food Flavors and Ingredients Market Size, 2017-2028
6.5.8 Nordic Countries Food Flavors and Ingredients Market Size, 2017-2028
6.5.9 Benelux Food Flavors and Ingredients Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Food Flavors and Ingredients Revenue, 2017-2028
6.6.2 By Region - Asia Food Flavors and Ingredients Sales, 2017-2028
6.6.3 China Food Flavors and Ingredients Market Size, 2017-2028
6.6.4 Japan Food Flavors and Ingredients Market Size, 2017-2028
6.6.5 South Korea Food Flavors and Ingredients Market Size, 2017-2028
6.6.6 Southeast Asia Food Flavors and Ingredients Market Size, 2017-2028
6.6.7 India Food Flavors and Ingredients Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Food Flavors and Ingredients Revenue, 2017-2028
6.7.2 By Country - South America Food Flavors and Ingredients Sales, 2017-2028
6.7.3 Brazil Food Flavors and Ingredients Market Size, 2017-2028
6.7.4 Argentina Food Flavors and Ingredients Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Food Flavors and Ingredients Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Food Flavors and Ingredients Sales, 2017-2028
6.8.3 Turkey Food Flavors and Ingredients Market Size, 2017-2028
6.8.4 Israel Food Flavors and Ingredients Market Size, 2017-2028
6.8.5 Saudi Arabia Food Flavors and Ingredients Market Size, 2017-2028
6.8.6 UAE Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.1.4 Fufeng Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.2.4 Meihua Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.3.4 Ajinomoto Group Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.4.4 Eppen Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.5.4 Angel Yeast Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.6.4 Biospringer Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.7.4 ABF Group Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.8.4 DSM Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.9.4 AIPU Food Industry Food Flavors and Ingredients 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 Ingredients Major Product Offerings
7.10.4 Innova Food Flavors and Ingredients Sales and Revenue in Global (2017-2022)
7.10.5 Innova Key News
8 Global Food Flavors and Ingredients Production Capacity, Analysis
8.1 Global Food Flavors and Ingredients Production Capacity, 2017-2028
8.2 Food Flavors and Ingredients Production Capacity of Key Manufacturers in Global Market
8.3 Global Food Flavors and Ingredients 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 Ingredients Supply Chain Analysis
10.1 Food Flavors and Ingredients Industry Value Chain
10.2 Food Flavors and Ingredients Upstream Market
10.3 Food Flavors and Ingredients Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Food Flavors and Ingredients 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 Ingredients 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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