Liquid Flavors Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Liquid Flavors Market Size Analysis and Top Companies

The global liquid flavors market size is estimated to hit around USD 15.63 billion by 2033, increasing from USD 11.51 billion in 2023 with a CAGR of 3.11% from 2023 to 2033.The top companies operating in the liquid flavors market are International Flavors & Fragrances Inc., Gold Coast Ingredients, Nature's Flavors, Inc., Takasago International Corporation, McCormick & Company, Inc., Kerry Group plc., Givaudan, Sensient Technologies Corporation, Firmenich SA., and Others.

Market Report Coverage

Report Coverage Details
Market Size by 2033 USD 15.63 Billion
Market Size in 2023 USD 11.51 Billion
Market Growth Rate from 2024 to 2034 CAGR of 3.11%
Largest Market North America
Base Year 2023
Forecast Period 2023 to 2033
Segments Covered Product, Application, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa

Liquid Flavors Key Players

Liquid Flavors Key Players

  • International Flavors & Fragrances Inc.
  • Gold Coast Ingredients
  • Nature's Flavors, Inc.
  • Takasago International Corporation
  • McCormick & Company, Inc.
  • Kerry Group plc.
  • Givaudan
  • Sensient Technologies Corporation
  • Firmenich SA. 

Recent developments 

  • In March 2024, Essentia Water is taking hydration to the next level with Essentia Hydroboost, the brand’s first-ever flavored and functional water innovation designed to keep customers hydrated while pursuing their goals.
  • In November 2022, ADM completed acquiring Comhan, a flavor distributor based in South Africa. The acquisition is expected to strengthen ADM’s flavor capabilities and reach in the African market.

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