The anticipated size of the global encapsulated flavors and fragrances market in 2022 was close to US$ 3.99 billion. The rise in demand for encapsulated flavors and fragrances in the food and beverage, cleaning products, and other end-use sectors can be credited for the market expansion. It is thus anticipated to have produced US$ 7.1 billion by 2023, alongside a CAGR of 5.5% from 2023 to 2033.
In many affluent nations throughout the world, consumer awareness of the latent negative effects of chemically created food additives is rising. Increased customer desire for natural products is a result of growing health consciousness. Consumers are increasingly aware of the different nutritional advantages of fruits and vegetables, including their increased antioxidant content and lowered risk of metabolic disorders like obesity and type 2 diabetes.
Flavors may be created by encapsulating fruit and vegetable elements without compromising their nutritional value, making them appear more organic than chemically produced equivalents. Encapsulated flavor and fragrances producers are seeing narrower profit margins because of the demand from processors, merchants, as well as their private label brands. While the sector for encapsulated flavors and fragrances is now growing due to the tendency toward high-quality ingredients, there is a demand for inexpensive tastes in the food and beverage industry.
Retailers in particular are eager to keep prices down for their economical private label lines since they serve a sizeable portion of budget-conscious customers. Low-cost tastes for fundamental food items like yogurt will persist because to growing raw material prices and the price of basic meals, which are rising quickly. Manufacturers in underdeveloped nations, where goods must be offered at reduced rates to draw customers, also value encapsulated flavors and fragrances, and hence the demand is expanding at a fast rate.
Attribute | Details |
---|---|
Estimated Market Value (2022) | US$ 3.99 billion |
Expected Market Value (2023) | US$ 4.4 billion |
Projected Forecast Value (2033) | US$ 7.1 billion |
Anticipated Growth Rate (2023 to 2033) | 5.5% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The encapsulated flavors and fragrances market grew at a CAGR of 4.2% between 2018 and 2022. Growth forecasts remain optimistic, with the market predicted to exhibit a CAGR of 5.5% between 2023 and 2033.
The market has gained popularity in recent years due to the growing demand for natural and authentic flavors and fragrances in a variety of end-use applications such as laundry detergents, household care, and the food and beverage industry which includes instant desserts (frozen food), and beverages.
Flavoring agents are added to a variety of foods and beverages. As per FMI analysis, healthy growth in beverage flavoring market is expected over the coming decade. Beverage flavoring sales will rise in response to the surging packaged and sports & energy drinks demand, so will the sales of encapsulated flavors and fragrances.
A primary driver of the market is consumer demand for original flavored products. Developed countries, such as the United States, the United Kingdom, and Germany, are strengthening their technology and research and development (R&D) facilities in the food and flavor encapsulation industry, making it easier for manufacturers to adopt.
Today's health-conscious customer is curious about ingredients used in food items and food safety regulations. Compliance with end-product quality and regulatory standards is a major impediment to market growth for industry players. Food processing businesses in developed and developing countries have experienced significant expansion.
Increasing Demand for Combined Flavors is Likely to be Beneficial for Market Growth
Combination flavors are becoming increasingly popular. These offerings blend two or more flavors into a single product. Unique blends or innovative combinations, such as raspberry floral and ginger flower, are becoming increasingly popular among consumers. The confectionery segment of the food industry is witnessing a rise in the use of floral flavors like rose and lavender, in addition to fruit flavors like cherry and strawberry.
In terms of market share, the contribution of beverages to the overall food market is increasing steadily. This is attributed to new product offerings catering to specialized products including energy drinks, sports nutrition, naturally sweetened water, and juices. Flavor encapsulation with blended options in beverages is gaining traction among manufacturers. This is expected to drive demand in the near future.
Expanding Demand for Encapsulated Flavors in the Pharmaceutical Industry
The demand for encapsulated flavors is growing tremendously in the pharmaceutical industry, particularly due to application in products such as syrups, ORS, and more. The pharmaceutical industry prefers encapsulated flavors as these products are non-reactant.
Spray drying is one of the most commonly used pharmaceutical technologies in the world. Insta Foods is offering dry encapsulated cola flavor for use in antacid powders and dry syrups. The company is also offering encapsulated flavors for Apollo Pharmacy in India.
Growing Demand for Natural and Authentic Flavors Enhancing Growth
The demand for natural flavor extract and organic fragrances is expected to rise in the near future. Steered by changing consumer behavior, focus on ingredients derived from natural sources will consistently rise. The removal of additives/preservatives remains a top trend within these product categories as food processors promote these products in terms of safety, quality, and authenticity.
The demand for fragrant items has been increasing over the last decade, and is expected to create diverse opportunities in the near future. Air fresheners, decorative cosmetics, deodorants, bath additives, perfumes, candles, antiperspirants, soaps, and hair-care, household, oral hygiene, personal-care, shaving, skin-care, and laundry items will drive the demand for encapsulated flavors and fragrances for the foreseeable future.
The Flavor Blends to Take the Lion’s Share
The flavor blends of encapsulated flavors and fragrances are the most in-demand product type holding a dominant share of nearly 57.1% in 2022 owing to increased demand of flavors from food and beverage manufacturers.
Mechanical Production Technology will be preferred by Manufacturers
Mechanical production technology is highly preferred, holding a dominant share of 78.7% in 2022, growing at a CAGR of 5.8% over the forecast period.
Within mechanical technology for production, the demand for spray drying will remain considerably high. It is also expected to account for leading share within the mechanical segment in 2023.
Maltodextrin will boost the Global Market by Wall Material Kind
Maltodextrin (DE<20) is the most preferred wall material used in encapsulated flavors and fragrances, which accounts for more than 22.8% of the global market in 2022, followed by modified starch which accounted for 13.9% market share in 2022.
By End-user, the Food and Beverage Segment will Account for a Huge Revenue Share
Food and beverage production accounted for a maximum share of nearly 68.8% in the global encapsulated flavors and fragrances market in 2022.
Beverages such as instant drinks and tea under the food and beverage segment is estimated to holds a maximum share of 30.9% in 2033.
Market Demand is likely to be enhanced by the Powdered Products Segment
Powdered products account for the maximum share of 61.2% in 2022 and is estimated to hold 57.5% of the market share by 2033. Powder being convenient to use is the most preferred form for consumers.
Natural flavor blends are primarily found in powdered encapsulated forms, manufactured using spray-drying technology.
Micro-encapsulation will boost the Global Market Growth
Micro-encapsulation holds a 73.1% market share, and it is the most preferred process for the production of encapsulated flavors and fragrances through the end of the assessment period.
Microencapsulation technology is generally adopted by leading manufacturers since it is an excellent technique for minimizing oxidation, heating, and volatilization if not encapsulated.
Consumer Trend towards Multi-ingredient and Flavor Products will Boost Demand
North America is one of the more lucrative markets for encapsulated flavors and fragrances. According to FMI, the United States is anticipated to account for 88.5% of the North American market in 2033.
Consumers in the United States are inclined towards multi-ingredient and flavor products, considering that the demand for functional food products is increasing at a rapid pace. This is attributable to increasing consumer awareness and rising spending on food and beverages.
Rising Demand from the Consumer Goods and Food and Beverage sectors will Increase Market Revenues
The rising demand for encapsulated consumer goods in Germany will act as a major growth driver. According to the report, the Germany encapsulated flavors and fragrances market is expected to be valued at US$ 475.9 million in year 2023.
Europe is estimated to be the dominant market for encapsulated flavors and fragrances in which Germany is projected to hold the largest share. The rising demand specifically for consumer goods, food & beverages, and the pharmaceutical industry is creating a conducive environment for market players to increase sales in Germany.
Consumption of Healthy Drinks is Likely to Open up New Opportunities
Japan is one of the leading technology-driven countries in the world. It is expected to account for 28.5% of encapsulated flavors and fragrances consumption by 2033.
Healthy beverages are in high demand in Japan. Incorporated with encapsulated flavors with functional ingredients to improve consumer experience. The demand for encapsulated consumer goods with enhanced shelf life including laundry detergents, household care, and more is catering to global demand.
The Craze for Functional Foods is Directly Increasingly the Sales of these Products
China accounted for 58.8% of Asia Pacific market in 2022, according to the FMI study. Functional food products are becoming popular among customers of all ages across the country.
Demand for functional food products in China is being driven by factors such as demanding schedules, greater disposable incomes, and higher awareness about healthy dietary requirements. Encapsulation is a good strategy for controlling the release of flavors. Consequently, corporations in the country are investing heavily in this technology. Authentic, new products with natural taste in addition to colorants, vitamins, and phytochemicals, will generate demand.
Existing and New Companies are enhancing the Overall Sales of the Regional Market
In 2022, India was estimated to command a market share of 45.7%. India is expected to develop at a CAGR of 6.9% over the forecast period. It is quite difficult for companies to penetrate the market since India is a price-sensitive market.
It will be difficult for encapsulated flavors manufacturers to increase the consumption of encapsulated flavors in the country as the price of encapsulated flavors and fragrance is high as compared to free flavors and fragrances. There is an excellent opportunity for new and existing producers of encapsulated flavors to penetrate the Indian market by reducing the prices of their products.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Food manufacturing companies are proactively implementing research and development and technology advances in response to the growing demand for healthier food by consumers. Many food companies are working to reduce the quantity of salt, sugar, and sodium in their products.
The key players in this market include:
Some of the products being launched by the key players are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5.5% from 2023 to 2033 |
Market value in 2023 | US$ 4.4 billion |
Market value in 2033 | US$ 7.1 billion |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | US$ billion in value |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Customization & Pricing | Available on Request |
The market is valued at US$ 4.4 billion in 2023.
Cargill Inc., Firmenich Incorporated, and Givaudan are the vital market players.
The market is predicted to develop a CAGR of 5.5% through 2033.
The market secured a CAGR of 4.2% from 2018 to 2022.
Surging demand for combined flavors is encouraging sales.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Flavour Blends
5.3.2. Fragrance Blends
5.3.3. Essential Oils & Natural Extracts
5.3.4. Aroma Chemicals
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Technology, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Technology, 2023 to 2033
6.3.1. Mechanical
6.3.1.1. Emulsification
6.3.1.2. Spray Drying
6.3.1.3. Spray-Chilling/Cooling
6.3.1.4. Fluidised-Bed Coating
6.3.1.5. Centrifugal Extrusion
6.3.2. Chemical
6.3.3. Coacervation
6.3.4. Freeze Drying
6.3.5. Supercritical Fluid Technique
6.3.6. Nano Precipitation
6.3.7. Others
6.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Wall Material
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Wall Material, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Wall Material, 2023 to 2033
7.3.1. Maltodextrin (DE<20)
7.3.2. Corn syrup solid (DE>20)
7.3.3. Modified cellulose
7.3.4. Gum Arabic
7.3.5. Modified starch
7.3.6. Gelatin
7.3.7. Cyclodextrin
7.3.8. Lecithin
7.3.9. Whey protein
7.3.10. Hydrogenated fat
7.3.11. Others
7.4. Y-o-Y Growth Trend Analysis By Wall Material, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Wall Material, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By End-use, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By End-use, 2023 to 2033
8.3.1. Consumer Goods
8.3.1.1. Laundry detergents
8.3.1.2. Fabric softeners and scent boosters
8.3.1.3. Household Care
8.3.1.4. Deodorants
8.3.1.5. Oral Care
8.3.1.6. Skin Cleansing & Care
8.3.1.7. Hair Care
8.3.2. Food and Beverage
8.3.2.1. Chewing gum
8.3.2.2. Baked Foods
8.3.2.3. Confectionery
8.3.2.4. Dairy Products
8.3.2.5. Instant Desserts (Frozen Food)
8.3.2.6. Food Flavors (Snack Food, Cereal, Oatmeal, etc.)
8.3.2.7. Beverage & Instant Drinks & Tea
8.3.2.8. Others
8.4. Y-o-Y Growth Trend Analysis By End-use, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End-use, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Encapsulated Form
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Encapsulated Form, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Encapsulated Form, 2023 to 2033
9.3.1. Powder
9.3.2. Paste
9.3.3. Granules
9.4. Y-o-Y Growth Trend Analysis By Encapsulated Form, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By Encapsulated Form, 2023 to 2033
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Process
10.1. Introduction / Key Findings
10.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Process, 2018 to 2022
10.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Process, 2023 to 2033
10.3.1. Micro-encapsulation
10.3.2. Nano-encapsulation
10.3.3. Hybrid-encapsulation
10.3.4. Macro-encapsulation
10.4. Y-o-Y Growth Trend Analysis By Process, 2018 to 2022
10.5. Absolute $ Opportunity Analysis By Process, 2023 to 2033
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
11.1. Introduction
11.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
11.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. Asia Pacific
11.3.5. MEA
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. The USA
12.2.1.2. Canada
12.2.2. By Product Type
12.2.3. By Technology
12.2.4. By Wall Material
12.2.5. By End-use
12.2.6. By Encapsulated Form
12.2.7. By Process
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Technology
12.3.4. By Wall Material
12.3.5. By End-use
12.3.6. By Encapsulated Form
12.3.7. By Process
12.4. Key Takeaways
13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Brazil
13.2.1.2. Mexico
13.2.1.3. Rest of Latin America
13.2.2. By Product Type
13.2.3. By Technology
13.2.4. By Wall Material
13.2.5. By End-use
13.2.6. By Encapsulated Form
13.2.7. By Process
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Technology
13.3.4. By Wall Material
13.3.5. By End-use
13.3.6. By Encapsulated Form
13.3.7. By Process
13.4. Key Takeaways
14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Germany
14.2.1.2. United Kingdom
14.2.1.3. France
14.2.1.4. Spain
14.2.1.5. Italy
14.2.1.6. Rest of Europe
14.2.2. By Product Type
14.2.3. By Technology
14.2.4. By Wall Material
14.2.5. By End-use
14.2.6. By Encapsulated Form
14.2.7. By Process
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Technology
14.3.4. By Wall Material
14.3.5. By End-use
14.3.6. By Encapsulated Form
14.3.7. By Process
14.4. Key Takeaways
15. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.1.4. Singapore
15.2.1.5. Thailand
15.2.1.6. Indonesia
15.2.1.7. Australia
15.2.1.8. New Zealand
15.2.1.9. Rest of Asia Pacific
15.2.2. By Product Type
15.2.3. By Technology
15.2.4. By Wall Material
15.2.5. By End-use
15.2.6. By Encapsulated Form
15.2.7. By Process
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product Type
15.3.3. By Technology
15.3.4. By Wall Material
15.3.5. By End-use
15.3.6. By Encapsulated Form
15.3.7. By Process
15.4. Key Takeaways
16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Product Type
16.2.3. By Technology
16.2.4. By Wall Material
16.2.5. By End-use
16.2.6. By Encapsulated Form
16.2.7. By Process
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Product Type
16.3.3. By Technology
16.3.4. By Wall Material
16.3.5. By End-use
16.3.6. By Encapsulated Form
16.3.7. By Process
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2022
17.1.2.1. By Product Type
17.1.2.2. By Technology
17.1.2.3. By Wall Material
17.1.2.4. By End-use
17.1.2.5. By Encapsulated Form
17.1.2.6. By Process
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2022
17.2.2.1. By Product Type
17.2.2.2. By Technology
17.2.2.3. By Wall Material
17.2.2.4. By End-use
17.2.2.5. By Encapsulated Form
17.2.2.6. By Process
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2022
17.3.2.1. By Product Type
17.3.2.2. By Technology
17.3.2.3. By Wall Material
17.3.2.4. By End-use
17.3.2.5. By Encapsulated Form
17.3.2.6. By Process
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2022
17.4.2.1. By Product Type
17.4.2.2. By Technology
17.4.2.3. By Wall Material
17.4.2.4. By End-use
17.4.2.5. By Encapsulated Form
17.4.2.6. By Process
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2022
17.5.2.1. By Product Type
17.5.2.2. By Technology
17.5.2.3. By Wall Material
17.5.2.4. By End-use
17.5.2.5. By Encapsulated Form
17.5.2.6. By Process
17.6. United Kingdom
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2022
17.6.2.1. By Product Type
17.6.2.2. By Technology
17.6.2.3. By Wall Material
17.6.2.4. By End-use
17.6.2.5. By Encapsulated Form
17.6.2.6. By Process
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2022
17.7.2.1. By Product Type
17.7.2.2. By Technology
17.7.2.3. By Wall Material
17.7.2.4. By End-use
17.7.2.5. By Encapsulated Form
17.7.2.6. By Process
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2022
17.8.2.1. By Product Type
17.8.2.2. By Technology
17.8.2.3. By Wall Material
17.8.2.4. By End-use
17.8.2.5. By Encapsulated Form
17.8.2.6. By Process
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2022
17.9.2.1. By Product Type
17.9.2.2. By Technology
17.9.2.3. By Wall Material
17.9.2.4. By End-use
17.9.2.5. By Encapsulated Form
17.9.2.6. By Process
17.10. China
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2022
17.10.2.1. By Product Type
17.10.2.2. By Technology
17.10.2.3. By Wall Material
17.10.2.4. By End-use
17.10.2.5. By Encapsulated Form
17.10.2.6. By Process
17.11. Japan
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2022
17.11.2.1. By Product Type
17.11.2.2. By Technology
17.11.2.3. By Wall Material
17.11.2.4. By End-use
17.11.2.5. By Encapsulated Form
17.11.2.6. By Process
17.12. South Korea
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2022
17.12.2.1. By Product Type
17.12.2.2. By Technology
17.12.2.3. By Wall Material
17.12.2.4. By End-use
17.12.2.5. By Encapsulated Form
17.12.2.6. By Process
17.13. Singapore
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2022
17.13.2.1. By Product Type
17.13.2.2. By Technology
17.13.2.3. By Wall Material
17.13.2.4. By End-use
17.13.2.5. By Encapsulated Form
17.13.2.6. By Process
17.14. Thailand
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2022
17.14.2.1. By Product Type
17.14.2.2. By Technology
17.14.2.3. By Wall Material
17.14.2.4. By End-use
17.14.2.5. By Encapsulated Form
17.14.2.6. By Process
17.15. Indonesia
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2022
17.15.2.1. By Product Type
17.15.2.2. By Technology
17.15.2.3. By Wall Material
17.15.2.4. By End-use
17.15.2.5. By Encapsulated Form
17.15.2.6. By Process
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2022
17.16.2.1. By Product Type
17.16.2.2. By Technology
17.16.2.3. By Wall Material
17.16.2.4. By End-use
17.16.2.5. By Encapsulated Form
17.16.2.6. By Process
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2022
17.17.2.1. By Product Type
17.17.2.2. By Technology
17.17.2.3. By Wall Material
17.17.2.4. By End-use
17.17.2.5. By Encapsulated Form
17.17.2.6. By Process
17.18. GCC Countries
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2022
17.18.2.1. By Product Type
17.18.2.2. By Technology
17.18.2.3. By Wall Material
17.18.2.4. By End-use
17.18.2.5. By Encapsulated Form
17.18.2.6. By Process
17.19. South Africa
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2022
17.19.2.1. By Product Type
17.19.2.2. By Technology
17.19.2.3. By Wall Material
17.19.2.4. By End-use
17.19.2.5. By Encapsulated Form
17.19.2.6. By Process
17.20. Israel
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2022
17.20.2.1. By Product Type
17.20.2.2. By Technology
17.20.2.3. By Wall Material
17.20.2.4. By End-use
17.20.2.5. By Encapsulated Form
17.20.2.6. By Process
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Product Type
18.3.3. By Technology
18.3.4. By Wall Material
18.3.5. By End-use
18.3.6. By Encapsulated Form
18.3.7. By Process
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Cargill Inc
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. Firmenich Incorporated
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Givaudan
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Ingredion Incorporated
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. International Flavors and Fragrances (IFF)
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. Kerry Group
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. Royal DSM
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. Sensient Technologies
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. Symrise AG
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. Tate & Lyle PLC
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
Food and Beverage
December 2022
REP-GB-15936
280 pages
Explore Food and Beverage Insights
View Reports