About Floral Flavors
Floral flavors contain numerous levels of minerals and vitamins, anti-oxidants and other nutrients. It improves the taste as well as the aroma of food and beverages without adding any extra calories. It is widely used in hibiscus, lavender, orange blossom, floral flavors of jasmine, rose, elderflower, chrysanthemum, and others. The various benefits of using floral flavors such as reduce the risk of obesity, support healthy cholesterol & triglycerides, among others. Consumer tastes are increasingly becoming internationalized, health benefits of edible flowers and others have also played an important role in positively impacting the growth of the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 12.1% |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global floral flavors market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Floral Flavors market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
abelei flavorss (United States), Firmenich SA (Switzerland), Sensient Technologies (United States), Symrise AG (Germany), Teawolf (United States), Mane SA (France) and International Flavors and Fragnances (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Aarav Fragrance and Flavors Pvt Ltd. (India) and Frutarom Industries Ltd (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Floral Flavors market by Type (Natural, Organic and Artificial), Application (Tea & Coffee, Confectionary, Nutraceuticals, Beverages, Dairy and Desserts) and Region.
On the basis of geography, the market of Floral Flavors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Hibiscus will boost the Floral Flavors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Floral Flavors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Food will boost the Floral Flavors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Natural Flavoring Ingredients, Rising Trend of Non-GMO and Clean Label Ingredients and Use of Floral Flavors in Premium Products
Market Growth Drivers:
Rising Interest in Natural Foods, Growing Awareness of the Potential Health Benefits of Botanical Ingredients and Demand for Convenience Food has Increased Due to Busy Schedules and Change in Eating Habits
Challenges:
Chances of Allergic Reactions and Compliance with Quality and Regulatory Standards
Restraints:
Table Side Effects of Two Floral Flavored Drinks and Lower Stability & Limited Availability of Natural Flavors
Opportunities:
Rising Demand from Emerging Economics Such as India, China, and Others, Increasing Popularity of Novel Flavors and Use in Functional Foods and Innovative Raw Material Sources
Market Leaders and their expansionary development strategies
In May 2023, Flavorchem has developed The Coffeehouse Collection to provide the newest flavor offerings in the coffee space. The company developed the collection as a response to coffee brands experimenting with flavors to come up with new menu ideas and drive consumer purchase.
In July 2023, Food Service India Pvt. Ltd. presents a wide array of product categories that cater to diverse culinary needs. From Bars Essentials to syrups, Crushes & toppings Marimbula offers a comprehensive range of 70+ flavours options. Marimbula takes pride in providing a wide variety of ethnic flavours. In line with the evolving market trends, Marimbula has recently ventured into the realm of floral flavors with their exquisite Florals Range.
Key Target Audience
Manufacturers of Floral Flavors, Suppliers of Floral Flavors, Wholesalers, Distributors, and Retailers of Floral Flavors, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.